President of the Greater Corner Brook Board of Trade believes the city's 2026 budget will attract new business

    Friday, 19 December 2025 06:00

    By Tonya Organ

    Ray Brake says by allowing businesses to make quarterly tax payments and interest free, it will help them during leaner times.

    The President of the Greater Corner Brook Board of Trade believes initiatives announced in this week’s budget will attract more business to the area. Ray Brake says by allowing businesses to make quarterly tax payments and interest free, it will help them during leaner times. He says tax bills can be large for some businesses, with some paying from thousands of dollars to tens of thousands. 

    Brake says these initiatives will help change how some entrepreneurs may view the city, having heard in the past that Corner Brook may not be the most business friendly city. He says this new council wants to increase the business diversity in the city. Businesses and residents with overdue taxes will also have the interest cut in half. 

     

     

    To report an error, submit a news tip, or provide feedback, please e-mail news@bayfm.ca or call (709) 637-0183.

    More from Local News

     

     

     

    BayFM recognizes support from the following agencies:

                        

    Today's Weather

    • Corner Brook

      Heavy snow

      High: -2°C | Low: -12°C

    • Deer Lake

      Heavy snow

      High: -1°C | Low: -11°C

    • Stephenville

      Light snow

      High: -1°C | Low: -12°C

    Recently Played

    Podcasts

    • BayFM On-Demand

      Trash Talk Thursday, February 5, 2026

      Topics of conversation on this week's show include gift cards, ceramics, batteries, and more!

    • Center Stage with Stella

      "Center Stage with Stella", Feb 4 , 2026 (First show)

      Geri and Phil from The Once join Stella for her first show

    • The Plain Truth

      The Plain Truth, Wednesday February 4, 2026

      February is Violence Prevention Month