Newfoundland & Labrador Business News

Business

3 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

5 days ago

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

Fuel prices see minor drop overnight
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7 months ago

Fisheries Minister previews what N.L. can expect in next week’s federal budget

The federal budget will be released next Tuesday. Fisheries Minister Joanne Thompson spoke to NTV’s Bailey Howard about what Newfoundland and Labrador can expect.

7 months ago

Low water levels forcing Corner Brook mill to suspend newsprint operations

Corner Brook Pulp and Paper Ltd. announced Thursday that it’s temporarily suspending newsprint production due to low water levels at Deer Lake Power. “This critical situation has been caused by extremely low precipitation in the province, resulting in historically low water levels at the Grand Lake reservoir,” the company said in a news release. The […]

7 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 2.25 percent, with the Bank Rate at 2.5 percent and the deposit rate at 2.20 percent. The effects of US trade actions on economic growth and inflation have become somewhat clearer. There is a prevalent impact of […]

7 months ago

Major development proposed for former Bally Haly Golf course in St. John’s

It’s being called one of the biggest land developments of our time. The former Bally Haly Golf Course in the east end of St. John’s boasts 120 acres, and now its future is part of a proposal tabled this week at St. John’s City Hall. NTV’s Jodi Cooke reports.