Clock running out on Quebec energy deal, N.L. premier is eager to keep negotiating
Posted April 30, 2026 5:11 pm.
Last Updated April 30, 2026 10:21 pm.
A draft deal between hydroelectric utilities in Quebec and Newfoundland and Labrador is set to expire Thursday, but at least one premier is keen to keep negotiating.
Newfoundland and Labrador Premier Tony Wakeham ordered a review of the tentative agreement, announced by the province’s former Liberal government in 2024.
A spokesperson for Wakeham says he received a report from the panel that he mandated to carry out the review.
The premier told reporters he’ll use the review to guide negotiations toward the best possible deal for Newfoundland and Labrador.
The draft agreement proposed raising the rates Hydro-Québec pays for electricity from Labrador and expanding the hydroelectric capacity of the Churchill River.
It’s not clear what time the deal is set is to expire, but Hydro-Québec says there’s no reason signatories can’t continue discussions.
This report by The Canadian Press was first published April 30, 2026.
