Term Sheets Signed for Third Federal Loan Guarantee and LIL Investment; Moving Towards Finalization of Financial Restructuring Agreements

February 14, 2022

Today, the Honourable Andrew Furey, Premier of Newfoundland and Labrador, announced that the Government of Newfoundland and Labrador, Newfoundland and Labrador Hydro, and the Government of Canada signed term sheets for the $1 billion federal loan guarantee and capital restructuring…

Brain Gain: New Supports to Help Retain International Graduates

December 2, 2021

The Honourable Gerry Byrne, Minister of Immigration, Population Growth and Skills, was joined by Dr. Vianne Timmons, President and Vice-Chancellor of Memorial University, to announce a bundle of supports for post-secondary graduates seeking employment in Newfoundland and Labrador. Successfully gaining employment in the province enables…

Premier Furey Announces Agreement to Help Facilitate Investor Acquisition of North Atlantic Refinery

November 30, 2021

The Honourable Andrew Furey, Premier of Newfoundland and Labrador, and the Honourable Andrew Parsons, Minister of Industry, Energy and Technology, today announced that the Provincial Government has reached a new agreement with NARL Refining Limited Partnership and NARL Logistics to…

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