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Quebec, Newfoundland Energy Touts Canadian Independence to Trump: Hydro‑Québec CEO

  • In 2025, Hydro-Québec CEO Michael Sabia discussed a major agreement with Newfoundland and Labrador Hydro during a presentation in St. John's, highlighting its significance for Canada's energy future.
  • Sabia said the deal responds to threats to Canada's sovereignty posed by U.S. President Donald Trump and aims to enhance national energy independence.
  • The agreement would end a 1969 contract allowing Hydro-Québec to buy Churchill Falls power below market value and enable joint development of new hydroelectric projects.
  • Sabia emphasized that Canada faces a significant threat, while the leader of Newfoundland and Labrador Hydro highlighted the importance of moving the agreement forward both thoroughly and swiftly.
  • The deal is expected to strengthen energy security and signal Canada’s capability to act despite challenges, with finalization targeted for 2026 and economic benefits projected through 2041.
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According to Hydro-Québec p.d.g., the new energy agreement indicates that Canadians can "work together."

·Montreal, Canada
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The President and CEO of Hydro-Québec, Michael Sabia, said that a major new energy agreement with Newfoundland and Labrador Hydro (NLH) pointed out to the United States that Canada can do great things.

·Montreal, Canada
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Winnipeg Free PressWinnipeg Free Press
+19 Reposted by 19 other sources
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Quebec, Newfoundland energy touts Canadian independence to Trump: Hydro‑Québec CEO

Breaking News, Sports, Manitoba, Canada

·Winnipeg, Canada
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  • 67% of the sources lean Left
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CBC News broke the news in Canada on Tuesday, June 3, 2025.
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