Bank of Canada maintains interest rate
The Bank of Canada has maintained the interest rate at five per cent. The Bank Rate is at 5¼ per cent and the deposit rate is at five per cent. In Canada, the economy has stalled since the middle of last year and growth will likely remain close to zero through the first quarter of […]
Read morePoor driving conditions on the west coast
Roads are snow-covered on the west coast. Travel is not recommended north of Plum Point. Poor visibility is reported from Woody Point to Trout River, Deer Lake to Wiltondale, and Corner Brook to Gallants. Across the Avalon and Central, most roads are bare. Roads are snow-covered in Labrador. Travel is not recommended from Lodge Bay […]
Read moreSeveral school closures in western Newfoundland
The following schools are closed for the morning:Bayview AcademyCanon Richards Memorial AcademyE.A. Butler All GradeFrench Shore AcademyIndian River AcademyIndian River High SchoolLabrador Straits AcademySt. Michael’s ElementaryTruman Eddison MemorialViking Trail AcademyWhite Hills Academy There will be an update regarding afternoon classes between 10:30 and 11:00.
Read moreApplications Open for Secondary and Basement Suite Incentive
To assist with increasing affordable housing in the province, applications are now open for the Secondary and Basement Suite Incentive pilot program. The program will allow homeowners to access a forgivable loan of 50 per cent of the cost of renovations, up to a maximum of $40,000, to create a new, self-contained secondary or basement […]
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