5 months ago
Churchill Falls negotiations officially restart as N.L. gets credit-rating warning
The province has been warned to address rising costs and debt levels or risk having its credit outlook downgraded from stable to negative. The warning comes as Premier Tony Wakeham revealed today that discussions have begun with Quebec on a new Churchill River agreement. NTV’s Ben Cleary explains.
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5 months ago
N.L. Conservative MPs call for immediate action on potential Marine Atlantic disruptions
There are concerns for the Marine Atlantic ferry service today as a potential strike looms. Now, the provinces Conservative MP’s have released a joint statement, regarding the potential labour disruption, claiming the federal liberals have failed to show leadership on the issue. NTV’s Beth Penney reports.
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5 months ago
Bond rating agency gives provincial government negative outlook
S&P Global Ratings is warning the Newfoundland and Labrador government could face a credit rating downgrade in the next two years if it doesn’t take meaningful action to address its debt and deficits. The agency held the province’s credit rating at “A”, but changed the outlook from stable to negative. A downgrade could happen even […]
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5 months ago
Landings owner aims to rebuild after restaurant fire in Portugal Cove-St. Philip’s
A local business hopes to rebuild after a massive fire last March that forced an evacuation in part of Portugal Cove-St. Philip’s.
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