Tony Wakeham

Stories

Quebec and Newfoundland replace the 1969 Churchill Falls contract

Spoke with PQ premier-designate Paul St-Pierre Plamondon on October 9; said he saw no sign Quebec wants to scrap the deal

For 57 years, Newfoundland and Labrador sold power from one of the world's largest hydro plants to Quebec for about 0.2 cents a kilowatt-hour, which Quebec resold for roughly 50 times that. On August 17, 2026, the two provinces signed a framework to end that arrangement.

Updated Oct 22

Notable Quotes

I think that the agreement will sell itself.

from Quebec and Newfoundland replace the 1969 Churchill Falls contract · Updated Oct 22

I didn’t get any sense from the Quebec Premier that he was interested in tearing anything up or doing anything.

from Quebec and Newfoundland replace the 1969 Churchill Falls contract · Updated Oct 22