Business Brief: The deal of the century

News Snapshot:

Good morning. I want to talk to you about Churchill Falls. It is the story of the outsized ambition of the visionary leaders who built up the country’s postwar economy, of the gargantuan sums involved in that endeavour, but also of the sense of betrayal that Newfoundlanders have felt to this day. I’ll dive into the saga below, but first: In the news Trade: Canada to limit some foreign steel imports by imposing quotas to help producers reeling from U.S. President Donald Trump’s 50-per-cent tariffs Transport: Watchdog says Ottawa should allow foreign-owned airlines to fly domestic routes to boost competition...