On Wednesday, the Bank of Canada will announce its decision on the target for the overnight rate. This will be the last adjustment of 2025. Back on October 29, the central bank set the rate to 2.25 percent, a decrease of 0.25 percent in September.

In October inflation was down slightly at 2.2 percent. In September, it was 2.4 percent. The decrease was largely due to gasoline prices, which fell at a faster pace compared with September, according to Statistics Canada. Excluding gasoline, inflation rose 2.6 percent in October, matching the increase in September. Slower growth in grocery prices further contributed to the deceleration in inflation in October, which was moderated by higher prices for cellular phone plans.

On Monday, Premier Tony Wakeham will host New England Governors and Eastern Canadian Premiers at the 46th annual conference. Wakeham will be joined by co-chair Vermont Governor Phil Scott, along with New Brunswick Premier Susan Holt, Prince Edward Island Premier Rob Lantz, Nova Scotia Minister of Growth and Development Colton LeBlanc, Quebec Minister of Economy, Innovation and Energy Christine Fréchette, Massachusetts Commissioner of the Department of Energy Resources Elizabe

The Provincial Government has entered a non-binding memorandum of understanding with North Atlantic for the lease of the Bull Arm site.  ...

There are some changes to the Credit Union Regulations. Credit unions and their clients in the province can avail of financial support...

The minimum wage in the province will be increasing on April 1, 2025. The minimum wage will increase by $0.40. As of April 1, 2025, the...

Today, the provincial government announced a new initiative to help build awareness of the importance of buying products that are made or...

The City of St. John's released its budget on Tuesday. The 2025 Budget is balanced at $349,151,881, an increase of 1.5 percent from last...

Premier Andrew Furey says the provincial government is examining the federal government's cap on greenhouse gas emissions and working...

The small business corporate income tax rate in the province has been reduced from 3 per cent to 2.5 per cent effective January 1, 2024....