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2 clusters · 4 sources · 1 days · First seen · Last updated

Newfoundland and Labrador Churchill Falls energy deal

Overview

The Newfoundland and Labrador House of Assembly has approved a multi-billion-dollar energy agreement with Hydro-Québec. The deal involves plans for over $50 billion in hydroelectric and wind energy developments along the Churchill River.

The measure passed with a narrow 21-18 vote. Support came from the governing Progressive Conservative members and one independent, while opposition from Liberal, NDP, and other independent members centered on concerns regarding transparency, market-based pricing, and the lack of independent oversight.

While Premier Tony Wakeham stated the deal provides the province with unprecedented energy resources and decision-making power, the Innu Nation has voiced opposition. The Innu Nation argues the agreement does not provide sufficient benefits to its people while requiring them to bear the risks and impacts of development on their traditional territory. Premier Wakeham has indicated intentions to meet with Innu representatives to address these issues.

Entities

Innu Nation · Tony Wakeham · Newfoundland and Labrador · Hydro-Québec · John Hogan

Timeline

  1. 14 days ago

    [BUSINESS] 2 sources
    Newfoundland and Labrador approves multi-billion-dollar energy deal with Quebec

    Newfoundland and Labrador has narrowly approved a multi-billion-dollar energy deal with Hydro-Québec to develop hydroelectric and wind projects along the Churchill River in Labrador.

  2. 15 days ago

    [POLITICS] 2 sources
    Newfoundland and Labrador House of Assembly passes Churchill Falls deal

    Newfoundland and Labrador's House of Assembly narrowly approved the Churchill Falls deal in a 21-18 vote, despite opposition concerns regarding Innu Nation approval and pricing transparency.

Sources

canada.constructconnect.com · macotenord.com · ntv.ca · themuse.ca