Did Quebec get a better deal? Hydro-Québec comments spook critics in Newfoundland
- Danny Williams, a former Progressive Conservative Premier, urges Newfoundland and Labrador Hydro to negotiate higher payments from Hydro-Québec amid electricity rate discussions from Labrador.
- Newfoundland and Labrador Hydro executives state that Hydro-Québec must promote the new deal to the Quebec public, emphasizing its benefits.
- The new agreement replaces a 1969 contract, ending below-market power rates and allowing for future rate increases tied to the energy market.
- Walter Parsons, a Vice-President at Newfoundland and Labrador Hydro, claims Hydro-Québec is saving money with the new deal and highlights a $3.5-billion payment for co-developing new dams in Labrador.
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Total News Sources0
Leaning Left10Leaning Right1Center1Last UpdatedBias Distribution83% Left
Bias Distribution
- 83% of the sources lean Left
83% Left
L 83%
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