Newfoundland rolls the dice with demands for major changes to Churchill Falls deal
Newfoundland and Labrador Premier Tony Wakeham is pushing for major changes to a hydroelectric deal with Quebec regarding the Churchill Falls project. The demands come after a provincial review committee's report suggested amendments to the existing agreement, which has historically favored Hydro-Québec. Wakeham's call for more power and transmission could complicate relations between the two provinces, especially with upcoming elections in Quebec.
- ▪Premier Tony Wakeham is seeking a revised hydroelectric deal with Quebec.
- ▪The existing agreement has allowed Hydro-Québec to purchase electricity at a fraction of its market value since 1969.
- ▪Wakeham's demands include retaining more electricity for Newfoundland's future mining projects.
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Open this photo in gallery:Newfoundland and Labrador Energy Minister Lloyd Parrot, left, and Premier Tony Wakeham in St. John's on Tuesday.Paul Daly/The Canadian PressShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountNewfoundland and Labrador Premier Tony Wakeham began his Tuesday news conference on his government’s demands for a revised hydroelectric deal with Quebec by paying tribute to Alex Newhook. The St. John’s native scored Monday’s winning overtime goal against the Buffalo Sabres, thus sending the Montreal Canadiens to the NHL Eastern Conference final.Mr.
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