Quebec and Newfoundland and Labrador reach energy agreement
The framework would end the 1969 Churchill Falls deal and back more than $50 billion in new hydro, wind and transmission projects.
- On Monday, Aug. 17, 2026, Canadian Prime Minister Mark Carney joined Newfoundland and Labrador Premier Tony Wakeham and Quebec Premier Christine Fréchette in St. John's to unveil a tentative energy agreement launching over $50 billion in hydro, wind, and transmission projects.
- This framework replaces the 1969 Churchill Falls contract, long viewed as a historical grievance due to ultra-low pricing; after being elected in 2025, Premier Wakeham rejected the 2024 memorandum of understanding to secure better terms.
- The agreement projects a $49 billion net present value for Newfoundland and Labrador, supported by $10 billion in federal financing, including developing the 2,700-megawatt Gull Island station and upgrading the 5,428-megawatt Churchill Falls plant to create 23,000 jobs.
- Premier Wakeham cancelled his promised public referendum, opting instead for a special House of Assembly sitting beginning September 14 to scrutinize the deal before year-end finalization with Quebec.
- With a Quebec provincial election set for October 5, uncertainty remains regarding the deal's finalization, though Parti Québécois leader Paul St-Pierre Plamondon wrote that if the agreement proves positive for Quebec, his government would maintain it.
62 Articles
62 Articles
$10B Canada power deal seen boosting Labrador mining
Canada, Quebec and Newfoundland and Labrador signed a $10 billion (US$7.2 billion) non-binding agreement to expand the Churchill Falls generating station, nearly tripling its current capacity, in what Ottawa is... The post $10B Canada power deal seen boosting Labrador mining appeared first on The Northern Miner.
Innu in Quebec reject Churchill Falls deal between Quebec, Newfoundland and Labrador
Innu Nations in Quebec say they’re opposed to a non-binding agreement between Quebec, Newfoundland and Labrador and the federal government to expand the Churchill Falls hydro electric project. In a statement, the leaders argued the project affects their ancestral territories, regardless of contemporary borders, and could not go ahead without their participation and consent. On Monday, Prime Minister Mark Carney joined Quebec Premier Christine …
Churchill Falls Deal Is a Breakthrough, But Major Questions Remain - Thoughtful Journalism
The new Churchill Falls agreement between Quebec and Newfoundland and Labrador is a major political breakthrough, but the hydroelectric projects attached to it remain a long way from final approval, according to York University professor Mark Winfield. Canadian Prime Minister Mark Carney. Prime Minister Mark Carney joined the premiers of Quebec and Newfoundland and Labrador this week to announce an agreement that could lead to upgrades and expan…
Winnipeg Free Press
Labrador town demands help before it will back N.L.-Quebec energy pact
ST. JOHN'S - A Labrador town that faces a sweeping transformation due to a proposed energy deal between Newfoundland and Labrador and Quebec says it needs help before it can support the plan.
Canada unveils $50-billion plan to boost clean energy
Floyd Brenz., Philippine Canadian Inquirer August 18, 2026 Canada has announced a $50-billion investment plan to accelerate clean energy development, focusing on expanding wind and hydropower projects, particularly in the […] The post Canada unveils $50-billion plan to boost clean energy appeared first on Philippine Canadian Inquirer.
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