Winds Of Change
We can’t avoid the reality that fossil fuels are still very much part of our daily lives. We also can’t escape the consequences.
We can’t avoid the reality that fossil fuels are still very much part of our daily lives. We also can’t escape the consequences.
In this episode of the Huddle “Insights” podcast, Andrew Furey provides a thoughtful overview of the demographic and fiscal challenges faced by Newfoundland and Labrador, the need to diversify the province’s economy, and the near term opportunities for the province’s oil industry which represents 25 per cent of its GDP in the wake of the war in Ukraine.
Cathy Bennett, the former Finance Minister for Newfoundland and Labrador, joins Don Mills and David Campbell on the latest episode of the Huddle “Insights” podcast to discuss the future prospects for the province’s economy.
According to Ben Eisen of the Fraser Institute, the economic gap between the “have” and “have not” provinces is quickly shrinking, which means there may be new “have not” provinces on the horizon.
Kathryn Lockhart of Propel likened the deal to “marrying into the royal family” as the company is now in the limelight like never before. But the deal also has tremendous benefits for Atlantic Canada.
The airline is hoping its new direct flight between St. John’s and Moncton, which begins on September 21, will be well-used by business and leisure travelers.
New Brunswick and P.E.I. received approximately double the national average, and Newfoundland and Labrador got more than three times the national average.
The province recorded the highest growth in retail sales in the region and the largest decline in manufacturing sales in Canada as low oil prices weighed on sales values., according to the Atlantic Provinces Economic Council.
The Ultramar name will disappear from the Atlantic Canadian retail gas landscape and be replaced by Irving Oil.
The musical tells the true story of how Gander, N.L., welcomed more than 7,000 stranded airline passengers after 9/11.