Advocates ‘cautiously optimistic’ as DFO moves northern cod stock out of critical zone
After a scientific review of the 2J3KL Northern cod stock off the northeast coast of the province, Fisheries and Oceans Canada says the stock is now considered to be above the Critical Zone and in the Cautious Zone. “Based on reports from the 2023 Stewardship Fishery, we are cautiously optimistic that the upcoming DFO research […]
Read moreBank of Canada maintains policy rate
On Wednesday, the Bank of Canada held its target for the overnight rate at 5 per cent. The Bank Rate is at 5.5 percent and the deposit rate at 5 per cent. There is growing evidence to suggest that recent interest rate increases are dampening economic activity and relieving price pressures and inflation is coming […]
Read moreProvincial Government provides funding to Provincial Food Network Project
On Thursday Minister of Industry, Energy and Technology announced $50,000 to support the Food Producers Forum with its project “Co-operative Solutions for Rural Food Security: Building a Provincial Food Network.” The Food Producers Forum is working to build a network of sites across the province to create a more direct system of food production, distribution […]
Read moreCollision at busy St. John’s intersection
There is a collision at the intersection of Leslie Street and Water Street in St. John’s. The RNC is on the scene directing traffic. Traffic in the area is backed up. Motorists should seek an alternate route.
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