The proposed agreement between the hydro utilities in both provinces would expand capacity at the Churchill Falls generating station, develop the Gull Island hydro project and let the Atlantic province keep a greater share of the power produced—while also having the option to transmit up to 985 megawatts for sale to the United States. (The Logic)

Talking point: Newfoundland Premier Tony Wakeham said Monday the deal would end what he called one of the province’s “darkest chapters” by replacing the 1969 power contract that had Hydro-Québec sell power generated at Churchill Falls for much more than it paid. Wakeham and his Progressive Conservatives had campaigned in last year’s election against a 2024 would-be deal struck by his Liberal predecessor. The federal government is committing up to $10 billion in financing toward nearly $70 billion worth of construction projects that include onshore wind and transmission lines, which Prime Minister Mark Carney called “the largest clean energy investment in North American history.” 

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