N.L. government votes to endorse Quebec energy proposal
Supporters said the agreement will bring more jobs, value and optionality, while opponents cited transparency, oversight and Innu Nation approval concerns.
- On Thursday, the Newfoundland and Labrador House of Assembly approved the hydroelectric agreement with Hydro-Québec in a 21-18 vote, with Premier Tony Wakeham championing the deal following four days of debate.
- Long-Standing resentment fueled negotiations, as the province's 1969 contract allowed Hydro-Québec to purchase Churchill Falls power at rates many describe as "little more than free," supplying about 15 per cent of Quebec's energy.
- Prime Minister Mark Carney promised $10 billion in financing for the deal, touting it as "the largest clean energy investment in North American history" and outlining more than $50 billion in hydro and wind developments including a 2,700-megawatt plant at Gull Island.
- Opposition leaders and the Innu Nation criticized the deal, citing insufficient benefits and concerns that the rate scheme lacks market-based protection; Liberal Leader John Hogan warned the strategy could leave the province regretting the agreement 50 years in the future.
- Officials aim to reach final agreements by year-end, though the proposal expires March 31, 2027; Premier Wakeham confirmed that Dan Levert, Julia Mullaley, and Mike Jardine will remain on the oversight committee.
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It was done: the Newfoundland and Labrador House of Assembly approved the framework agreement proposed by Hydro-Québec, following a very tight vote.
Bowen Island Undercurrent
N.L. politicians vote in favour of Quebec energy agreement worth billions
ST. JOHN'S — The Newfoundland and Labrador government has voted in favour of a multi-billion dollar agreement to share energy from Labrador with Hydro-Québec, though it passed by a thin margin.
BREAKING: House of Assembly votes in favour of Churchill Falls deal 21-18 - NTV: Newfoundland and Labrador's Most Trusted News Source
The Churchill Falls deal has passed in the House of Assembly by a narrow margin. The vote was 21-18. All PC MHAs voted in favour, as well as independent MHA Eddie Joyce. Meanwhile all Liberal and NDP members voted against the deal, as well as recently independent MHA Keith Russell. The vote came at the […] The post BREAKING: House of Assembly votes in favour of Churchill Falls deal 21-18 appeared first on NTV: Newfoundland and Labrador's Most T…
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