Newfoundland & Labrador News Today: Capital Cost Crisis Looms

On November 18, consumer advocate Dennis Browne highlighted a pressing issue in Newfoundland and Labrador: the looming capital cost crisis. This crisis pertains to the escalating costs associated with maintaining the province’s power grid infrastructure. With potential increases in power rates looming, there is significant concern about the financial burden that could be placed on ratepayers. Understanding the developments in this area is crucial, especially as this issue ranks prominently in current news.