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Fortis Inc. is a St. John's, Newfoundland and Labrador-based international diversified electric utility holding company. It operates in Canada, the United States, Central America, and the Caribbean. In 2015, it earned CA$6.7 billion. [2]
Churchill Falls (Labrador) Corporation Limited, also known as CF(L)Co or CFLco is a Canadian electric company. The company was founded in 1961 and is based in St. John's, Newfoundland and Labrador. Churchill Falls (Labrador) Corporation Limited operates as a subsidiary of Newfoundland and Labrador Hydro. [1]
In 2003, COSEWIC in an update designated the Newfoundland and Labrador population of Atlantic cod as endangered, and Fisheries Minister Robert Thibault announced an indefinite closure of the cod fishery in the Gulf of St. Lawrence and off the northeast coast of Newfoundland, thus closing the last remaining cod fishery in Atlantic Canada.
The economies of Alberta, Saskatchewan, Newfoundland and Labrador and the territories rely heavily on natural resources. On the other hand, Manitoba , Quebec and The Maritimes have the country's lowest per capita GDP values.
Newfoundland Power Inc. is an electric utility owned by Fortis Inc. which is the primary retailer of electric power in the Canadian province of Newfoundland and Labrador. The company was formed by the Royal Securities Corporation of Montreal in 1924 as the Newfoundland Light & Power Company .
A provincial Crown corporation under the Government of Newfoundland and Labrador, Nalcor Energy was created in 2007 to manage the province's energy resources. The company had distinct business lines comprising Newfoundland and Labrador Hydro , the Churchill Falls Generating Station , the Lower Churchill Project , energy marketing, oil and gas ...
In August 1994, the Vitol Group purchased the Come By Chance Refinery from Newfoundland Processing Ltd. and the operating company North Atlantic Refining Ltd. was founded. In October 2006, Harvest Energy Trust purchased North Atlantic Refining for $1.6 billion, and in October 2009, the company was purchased by Korea National Oil Corporation .
Newfoundland and Labrador [b] is the easternmost province of Canada, in the country's Atlantic region. The province comprises the island of Newfoundland and the continental region of Labrador, having a total size of 405,212 km 2 (156,453 sq mi). As of 2024 the population of Newfoundland and Labrador was estimated to be 545,880. [8]