Provincial Crown utility
Appears in 1 story
Seller and co-owner of Churchill Falls generation
For 57 years, Newfoundland and Labrador sold the power from one of the world's largest hydro plants to Quebec for about 0.2 cents a kilowatt-hour. Quebec resold much of it for roughly 50 times that. On August 17, 2026, the two provinces signed a deal to end that arrangement.
Updated 2 hours ago
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