
The hydro utilities in the two provinces jointly own the Churchill Falls generating station in Labrador under a contract signed in 1969.
Prime Minister Mark Carney is set to make an announcement about energy security after reports that Quebec and Newfoundland and Labrador have reached a deal regarding Churchill Falls.
Carney’s public itinerary says he will be joined by Newfoundland and Labrador Premier Tony Wakeham and Quebec Premier Christine Fréchette.
The hydro utilities in the two provinces jointly own the Churchill Falls generating station in Labrador under a contract signed in 1969.
The provinces had a framework agreement in 2024 to end that deal and create a new energy-sharing arrangement with expanded generating capacity.
But after Wakeham was elected last fall, he ordered a review of the deal and sent a negotiating team back to the bargaining table.
Last week, La Presse reported the two sides had reached an agreement, with Ottawa playing a facilitating role by offering financial incentives.
This report by The Canadian Press was first published Aug. 17, 2026.






