Newfoundland & Labrador Business News

Business

4 days 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

7 days ago

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

Environmental impact statement submitted for proposed wind energy project near Botwood
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1 week ago

Gander International Airport reports increased traffic
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2 weeks ago

Fuel prices see minor drop overnight
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1 year ago

Cost estimate for N.L. Hydro’s expansion at Baie D’Espoir and Holyrood rises to $2 billion

Newfoundland and Labrador Hydro says the cost of building two proposed expansion projects at Baie D’Espoir and on the Avalon has almost doubled to what was first expected. NTV’s Rosie Mullaley reports.

1 year ago

Newfoundland Power submits report to PUB on higher power bills

Newfoundland Power has submitted a report to the PUB on February’s higher-than-expected power bills. The company attributed the increases to colder temperatures, higher wind speeds, and recent rate hikes. The company will hold a news conference on Monday.

1 year ago

Inside Story: N.L. seafood sector takes another hit as Chinese tariffs begin

The province’s seafood took another hit as Chinese tariffs came into effect this week.

1 year ago

FFAW, ASP fail to reach deal on crab prices; price-setting panel to hear submissions Sunday

The fisheries union and processing companies have failed to reach an agreement on snow crab prices, the union announced on social media Friday. The FFAW and Association of Seafood Producers had been trying to negotiate a price amid the added threat of tariffs from the United States. The FFAW says the matter will now go […]