8 months ago
Bank of Canada lowers policy rate
On Wednesday, the Bank of Canada reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%. Global uncertainty in the wake of higher U.S. tariffs is slowing. In the second quarter, Canada’s GDP declined by about 1½%. Employment has also […]
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8 months ago
Equinox First Gold in Central
There’s big news for the mining industry in Newfoundland and Labrador today. Equinox Gold Corp. has announced first gold was poured on Sunday. They date was earlier than anticipated, and commissioning of the Valentine process plant is progressing extremely well according to the company. Equinox expects to ramp up to its nameplate capacity of 2.5 […]
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8 months ago
Nine business leaders write letter supporting Churchill Falls MOU
A group of nine business leaders have penned a letter to Premier John Hogan expressing their support for the Churchill Falls MOU.
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8 months ago
Premier announces plan to expand high-speed internet access
Premier John Hogan was in Mahers Thursday to announce high speed internet is on the way for hundreds of Newfoundland communities. NTV’s Bailey Howard reports.
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