4 months ago
Labrador-Quebec railway suspended due to forest fire
Rio Tinto IOC has temporarily suspended rail traffic on the QNS&L Railway due to a forest fire near the railway line. “We are closely monitoring the situation and will provide updates as new information becomes available,” the company posted on Facebook. “We apologize for the impacts this interruption may cause and thank you for your […]
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4 months ago
Inside Story: How will declines in consumer spending affect summer tourism?
If economic uncertainty has you tightening your summer vacation budget, you’re not alone. New research shows a growing number of Canadians are looking to cut back on vacation spending this summer. CTV’s Garrett Barry has more on the numbers.
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4 months ago
Newfoundland and Labrador Hydro extends power purchase agreement with Corner Brook Pulp and Paper
Newfoundland and Labrador Hydro has extended its interim power purchase agreement with Corner Brook Pulp and Paper Limited for one year, which began on July 1, and ends on June 30, 2027. This agreement provides the province an opportunity to review and consider Kruger’s proposed approach to diversification at Corner Brook Pulp and Paper. Newfoundland and […]
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4 months ago
Equinor buys out BP in Bay du Nord development
Equinor has reached an agreement with BP to acquire its interest in the Bay du Nord development. The deal increases Equinor’s ownership of the project to 100 per cent. In a statement, Equinor said the transaction reflects BP’s efforts to simplify its portfolio, and gives Equinor increased flexibility to continue maturing the Bay du Nord […]
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