Politics

Politics

2 years ago

Innu Nation disappointed by rate mitigation announcement

The Grand Chief of the Innu Nation is expressing disappointment in this week’s rate mitigation announcement for Muslrat Falls.

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2 years ago

Reduction in small business tax passes in House of Assembly

The small business corporate income tax rate in Newfoundland and Labrador has been reduced from 3 per cent to 2.5 per cent effective January 1, 2024. This tax reduction was announced in Budget 2024. It has now been approved by the House of Assembly through amendments to the Income Tax Act, 2000. The budget initiative […]

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2 years ago

NDP highlights concerns about accountability for actions of municipalities

A petition is headed to the House of Assembly on accountability for the actions of municipalities. Today, the NDP say they’ve heard a number of complaints in recent months. NTV’s Colleen Lewis reports.

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2 years ago

Province finalizes rate mitigation plan for Muskrat Falls until 2030

The province has finalized its rate mitigation plan with Newfoundland and Labrador Hydro. The plan applies only to island customers paying for the project. The plan will come into effect on July 1, 2024, and will ensure domestic residential rate increases are capped at 2.25 per cent annually for cost recovery associated with the Muskrat Falls project until 2030. […]

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