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The company was founded in 1986 by Harold R. Steele as Newfoundland Capital Corporation Ltd. based in Halifax, Nova Scotia, later operating under the names Newcap Broadcasting and Newcap Radio. In October 2018, Newcap was acquired by Stingray.
Steele established Newfoundland Capital Corporation (NCC) in 1981. [6] During the early 1980s, he bought the Q Radio network. [9] He subsequently obtained a controlling interest in Halifax Daily News in 1984, before buying CHTN-FM in Charlottetown two years later. [4] In a surprise move, he acquired the VOCM Radio Network during the late 1990s.
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By this time the company had established a network of stations throughout eastern and central Newfoundland, as well as a sister FM station, VOCM-FM. In May 2000, the assets of VOCM Radio were acquired by Harry Steele's company Newfoundland Capital Corporation, which operated the stations as part of the Steele Communications division of Newcap ...
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Newfoundland and Labrador 2007 Newfoundland Capital Corporation Limited: Media: Canada 1986 Newfoundland Chocolate Company: Chocolatier: Newfoundland and Labrador 2008 Newfoundland Power Inc. Electricity generation & distribution Newfoundland and Labrador 1924 Newfoundland and Labrador Hydro: Electricity generation & distribution
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.
The station at Muskrat Falls has a capacity of over 824 MW and provides 4.5 TWh of electricity per year. [4] A $6.2 billion deal between Newfoundland and Labrador's Nalcor Energy and Halifax, Nova Scotia-based Emera to develop the project was announced in November 2010. [5]