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Newfoundland Review: Hydro Deal Needs Fixing

Newfoundland Review: Hydro Deal Needs Fixing

Published 4 days, 14 hours ago
Description

Quebecs hydro deal with Newfoundland and Labrador faces scrutiny, with a new review suggesting it may not be in the best interest of the latter. The proposed expansion, worth $25 billion, offers Quebec significant benefits but has raised concerns. Newfoundlands Premier, Tony Wakeham, is pushing for a renegotiation, emphasizing the need to fix existing issues rather than starting anew. Quebecs Premier, Christine Fréchette, has agreed to meet with Wakeham to review the report and aim for a win-win agreement, though no specific timeline has been set.

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