Newfoundland & Labrador Business News

Business

20 hours ago

Province signs Letter of Intent with Kruger Inc. to extend power purchase agreement

The province has signed a letter of intent with Kruger Inc., the owner of Corner Brook Pulp and Paper Ltd., to continue discussions related to its diversification plan, specifically a long-term power purchase agreement between the company and Newfoundland and Labrador Hydro. The province plans to extend the current interim power purchase agreement between Newfoundland […]

May 22, 2026

Business, Local News, News

Downtown St. John’s businesses preparing for busy tourism season

May 22, 2026 Read more

May 21, 2026

Business, News

Central towns prepare response to proposed wind and solar farm near Botwood

May 21, 2026 Read more

3 days ago

Province signs Letter of Intent with Kruger Inc. to extend power purchase agreement
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4 days ago

Environmental impact statement submitted for proposed wind energy project near Botwood
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7 days ago

Gander International Airport reports increased traffic
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1 week ago

Fuel prices see minor drop overnight
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1 month ago

NDP to introduce resolution calling to cap executive salaries at NL Power

Provincial NDP Leader Jim Dinn will introduce a private member’s resolution in the House of Assembly next week calling on government to cap executive salaries at Newfoundland Power – ensuring that “exorbitant pay is not being funded by ratepayers.” Since 2021, the price of electricity for residential consumers on the island has risen nearly 25%. […]

1 month ago

Amid surging fuel prices, Air Canada suspending flights to JFK, including daily route from Montreal

As jet fuel prices have doubled since the start of the Iran conflict and some lower profitability routes and flights are no longer economic, Air Canada is making schedule adjustments. The airline’s Toronto and Montreal services to JFK will be suspended temporarily from June 1, with plans to resume Oct. 25. Any affected customers will […]

1 month ago

FFAW and ASP reach ‘uneasy agreement’ to start snow crab season

The FFAW and Association of Seafood Producers have reached a deal to start the snow crab fishery.

1 month ago

Gas prices devastating many businesses

Mark Carney’s decision to suspend the federal gas tax was welcomed news for Canadians, but some local business owners say it should be long term. NTV’s Rosie Mullaley reports.