US EditionBillions on the Line as Newfoundland Launches Four-Month Review of Quebec Hydro Deal
The review will assess if the draft energy deal with Hydro-Québec delivers economic benefits and market options for Newfoundland and Labrador, with a $225 billion potential return.
- On Monday, Dec. 15, 2025, Premier Tony Wakeham announced an independent public inquiry with a three-person review panel to assess the Churchill Falls memorandum of understanding with Hydro-Québec.
- Concerned about the prior oversight process, Wakeham argued the previous oversight committee lacked independence, citing critic Michael Wilson, and said, `The previous committee did not have the flexibility to do what we're asking to be done now.`
- The three-person panel, led by Chris Huskilson, will operate under the Public Inquiries Act, 2006, with no public hearings and a budget of about $1 million, Huskilson said.
- He also restated that any final deal will face a public referendum, and Wakeham expects a report by April 30, with findings to be tabled in the House of Assembly.
- The deal's long-term figures show the draft MOU would deliver about 225 billion to Newfoundland and Labrador over 50 years and increase Churchill River output by nearly 4,000 megawatts, with Quebec election risks potentially impacting it, Quebec Economy Minister Christine Frêchette has warned.
15 Articles
15 Articles
Winnipeg Free Press
Billions on the line as Newfoundland launches four-month review of Quebec hydro deal
Breaking News, Sports, Manitoba, Canada
Tony Wakeham had promised to review the agreement during the election campaign. The post-Newfoundland and Labrador is launching a review of the energy agreement with Quebec appeared first on Les Affaires.
Premier announces Independent Review Committee for Churchill Falls MOU to be chaired by former Emera CEO
Premier Tony Wakeham announced details Monday of the committee that will conduct a review of the Churchill Falls MOU. The new Independent Review Committee has been created under Part II of the Public Inquiries Act, 2006, to study all matters relating to the negotiation and content of the Memorandum of Understanding (MOU) signed between N.L. Hydro […]
Premier Wakeham Announces Independent Review into Memorandum of Understanding with Hydro-Quebec - News Releases
The Honourable Tony Wakeham, Premier of Newfoundland and Labrador, today announced the creation of a new Independent Review Committee, under Part II of the Public Inquiries Act, 2006, to study all matters relating to the negotiation and content of the... Read More about Premier Wakeham Announces Independent Review into Memorandum of Understanding with Hydro-Quebec
Coverage Details
Bias Distribution
- 63% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
