Report: Global heating: navigating a new business reality - Lockton

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Over $13-million has been set aside to help people with heating upgrades to their homes across Newfoundland and Labrador. Federal Environment Minister Julie Dabrusin was in St. John’s earlier today for the announcement. Federal Environment Minister Julie Dabrusin in St. John’s (VOCM News)The feds are ponying up $10.5-million, and both NL Hydro and Newfoundland Power are putting up a combined $3-million. The program, which will be delivered through Take Charge NL, will help over 1,400 homeowners and renters access things like heat pump and insulation upgrades, as well as an energy assessment and tailored recommendations. The announcement comes on the heels of Ottawa’s new National Heat Pump Rebate, which will be launched next year and which is a separate pot of money.

The United States’ economy received a double-whammy of inflation readings this week showing both consumers and businesses are feeling the heat of higher prices amid the U. S. trade war with the world and its outright war with Iran. And while wholesale, or business inflation, is rising much faster, it raises questions around if, and when, businesses may try to unload more of that inflation pain onto their customers. S. wholesale inflation soared in September to the highest level in more than four years, with the Producer Price Index (PPI) jumping 1.3 per cent from the month before and 6.3 per cent from the same month in 2025.

The Supreme Court of Newfoundland and Labrador has certified a class action on behalf of passengers on board Air Canada Flight AC 2259 which landed hard at Halifax in December of 2025 after the plane’s landing gear collapsed. The flight had taken off from St. John’s International earlier that evening, and officials at YYT later confirmed that debris was found on one of its runways after the flight took off. They wouldn’t say at the time whether the discovery was related to the incident at Halifax. The class action names Air Canada, Provincial Aerospace Ltd, St. John’s International Airport Authority and the Halifax International Airport Authority, all of whom have consented to certification. Stephen Barnes of Bob Buckingham Law says they want to understand what went wrong that night and make sure that passengers have an opportunity to be fairly compensated for what they went through. The case will examine whether the defendants met their responsibilities for aircraft safety, runway safety and emergency response, and whether any failures caused injury or loss to passengers.