'Show us the money!': N.L. premier says open to hydro deal if Quebec pays up
- Newfoundland and Labrador's premier is demanding that Quebec pay up if it wants to continue buying hydroelectric power from Labrador's Churchill Falls Generating Station when the existing agreement ends in 2041.
- The current agreement from 1969 has overwhelmingly benefited Quebec, earning them over $28 billion compared to only $2 billion for Newfoundland and Labrador. This deal has been considered "punishing" for Newfoundland and Labrador.
- Quebec Premier Francois Legault has acknowledged the anger among residents of Newfoundland and Labrador and has even suggested offering financial compensation before 2041. An apology from Legault has paved the way for new negotiations.
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'Show us the money': N.L. premier says open to hydro deal if Quebec pays up
Quebec must be ready to pay if it wants more electricity from Newfoundland and Labrador, Premier Andrew Furey said Monday, describing the current arrangement as “punishing” for his province.
·Sault Ste. Marie, Canada
Read Full ArticleN.L. premier to Legault on more tapping into hydro power: 'Show us the money'
QUEBEC — Newfoundland and Labrador Premier Andrew Furey had a simple message for Premier François Legault, who wants to tap in to more N.L. electrical power by dangling the carrot of possibly reopening the Churchill Falls agreement, which greatly favours Quebec.
·Montreal, Canada
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