Business

Business

8 months ago

National inflation cools, NL inflation rate increases

Nationally, the inflation rate in July was 1.7 percent, down from a 1.9% increase in June. The decrease was mostly due to a slowdown in the cost of gasoline. In July, there were higher prices for groceries and a smaller year-over-year decline in natural gas prices. The CPI rose 0.3 percent month over month in […]

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9 months ago

Inside Story: Cranberry farmers finding success

Cranberry farmers in central Newfoundland say the industry is now finding its own success in the markets. NTV’s Colleen Lewis reports.

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9 months ago

Board of Trade calls for cut to commercial traffic fares on Marine Atlantic

Cuts to Marine Atlantic fares took effect today as part of a Canadian effort to reduce internal trade barriers, but some groups argue it still doesn’t go far enough. The St. John’s Board of Trade has written a letter to Prime Minister Mark Carney, arguing the cut also needs to include the price of commercial […]

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9 months ago

Bank of Canada holds policy rate

In an announcement on Wednesday, the Bank of Canada maintained its target for the overnight rate at 2.75 percent, with the Bank Rate at 3 percent and the deposit rate at 2.70 percent. The bank states that while trade negotiations remain fluid, the global economy has been reasonably resilient. Inflation in the United States increased […]

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