The Canadian Press

2015-02-04 | NL Wabush Bust

Preview Clip

The closing of the Wabush mine in Labrador is hitting many people in the one-industry town hard. Volunteer William Burt says more people are using the local food bank as they struggle to pay big mortgages while property values fall. (Cliffs Natural Resources shut down the Wabush mine last year as iron ore prices dropped along with global demand for steel.)

Date: 2015-02-04
Placeline: LABRADOR CITY, N.L.
Source: The Canadian Press
Length: 11 seconds

Transcript Prediction: << you can still sell a house but you're negotiating like it's you're not getting the premium dollar anymore it's it's significantly dropped >>