The Bank of Canada is holding its key policy interest rate at 2.25 per cent for the fourth consecutive time. The Central Bank projects inflation will peak around three per cent in April, before declining to its two per cent target early next year. That drop in inflation is based off an assumption that U.S. […]
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Newfoundland and Labrador Hydro and Newfoundland Power are advising residents to be prepared for rotating blackouts if necessary. That’s after Newfoundland and Labrador Hydro issued a statement Friday night advising island customers that a Power Warning would be in effect beginning at 6 a.m. on Saturday, Jan. 24. Officials said at a news conference Saturday […]
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The Dominion supermarket at the former Memorial Stadium site in St. John’s is expected to close in May. A source with the City of St. John’s says the city has no ownership of the site anymore, but they understand Loblaws will be closing the store by May. They say there is no firm indication of […]
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The Canadian Taxpayers Federation is calling on the Wakeham government to explain why the cost of paving projects in Newfoundland and Labrador nearly doubled over the past six years. “Taxpayers are entitled to know why something as basic as paving a road is becoming so much more expensive,” said Devin Drover, CTF Atlantic Director. “Whether […]
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The Government of Newfoundland and Labrador recently announced the appointment of Jo-Anne (Jo) Galarneau as a Commissioner of the Public Utilities Board. Galarneau brings two decades of executive leadership experience across consulting and international business. For over two years, she has served as the Executive Director and Board Secretary of the Public Utilities Board. […]
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