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Business

1 month ago

Canada’s inflation rate rises to 2.4 per cent

Canada’s inflation rate jumped in March due to a record surge in fuel costs. The war in Iran sent gas prices soaring last month, and the country’s annual inflation rate tose to 2.4 per cent from 1.8 per cent in February, according to Statistics Canada. According to CTV News, the agency said March saw the […]

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1 month ago

Provincial budget to be delivered April 29; NTV News to bring one-hour live show from 2-3 p.m.

The province will deliver the first budget of the new government on Wednesday, April 29. Budget 2026, according to Premier Tony Wakeham, will focus on improving life for the residents of Newfoundland and Labrador and identifying opportunities for the province’s future. Finance minister Craig Pardy will deliver the Budget 2026 speech at 2:00 p.m. (1:30 […]

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1 month ago

Ottawa to issue grocery benefit on June 5

A new one-time grocery benefit payment from the federal government is coming June 5. It’s part of Ottawa’s new Canada Groceries and Essentials Benefit which will replace the existing GST/HST credit. The amounts range from $267 dollars for a single Canadian with no children to $717 for those with four or more children. The benefit […]

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1 month ago

Inside Story: Premier writes N.L. Hydro to reduce July 1 power rate increase

The Provincial Government is taking action to reduce the electricity rate increase planned for July 1, 2026. Premier Tony Wakeham has written Newfoundland and Labrador Hydro to advise them to apply a $45 million credit from the Rural Rate Alteration (RRA) account to offset the upcoming electricity rate increase relating to Newfoundland Power’s cost recovery. […]

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