Business

Business

4 months ago

No mil rate increase or cuts to services in St. John’s Budget 2026

The City of St. John’s has tabled its 2026 budget.  Finance lead and Deputy Mayor Ron Ellsworth presented today’s balanced budget for $365,997,790.  There will be no mil rate increase for residents or commercial properties next year, with residential remaining at 9.1 and commercial remaining at 29.5 There will a slight increase in the water […]

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4 months ago

St. John’s City Council releasing municipal budget Monday

St. John’s City Council will release its annual budget for 2026 on Monday.

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4 months ago

Bank of Canada holds key interest rate at 2.25%

The Bank of Canada is holding steady in its latest rate decision of 2025 keeping the overnight rate at 2.25 per cent. “We agreed that a policy rate at the lower end of the neutral range was appropriate to provide some support for the economy as it works through this structural transition while keeping inflationary […]

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4 months ago

NLC sells almost half-million dollars in U.S. alcohol in two days

The Newfoundland and Labrador Liquor Corp. reported selling more than $450,000 in U.S. product just two days after returning it to store shelves. The province has pledged to donate the profits to the Community Food Sharing Association. NTV’s Bailey Howard reports.

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