Newfoundland and Labrador near finalizing fresh power deal with Quebec

Insiders report that Newfoundland and Labrador and Quebec are on the brink of concluding a fresh contract to replace the controversial 1969 Churchill Falls agreement, with a formal announcement slated for early next week. While two or three points still need resolution, progress has been described as significant by a spokesperson for Premier Tony Wakeham. The upcoming deal would also address the development of the Gull Island hydroelectric project on the Churchill River.

The earlier memorandum of understanding signed in December 2024, intended to supersede the old contract, failed to be finalized by the April 2026 deadline and was later judged by an independent committee as not serving the public interest. After the October 2025 provincial election, the new Progressive Conservative administration called for a review and promised a referendum, though Wakeham has emphasized that a definitive agreement must precede any vote. Opposition Liberals have criticized the lack of direct communication, claiming residents are learning about the negotiations primarily through Quebec media.