Newfoundland and Labrador lawmakers to vote on draft energy deal with Quebec

The draft deal promises to deliver about $227-billion to the provincial treasury, much of it coming from the new rates Hydro-Quebec will pay for power from the Churchill Falls plant over the next five decades

A draft energy deal with Quebec heralded as a game-changer for indebted Newfoundland and Labrador is heading for a vote tonight in St. John’s, N.L.

The debates began with the Opposition Progressive Conservatives and the provincial NDP calling for an independent expert review of the agreement.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

globeandmail /  🏆 5. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Quebec and Newfoundland and Labrador ready to sign Churchill Falls energy dealQUÉBEC — The premiers of Quebec and Newfoundland and Labrador are ready to sign an energy agreement, ending a long-running dispute over the Churchill Falls hydroelectric plant in Labrador.
Read more »

Quebec and Newfoundland and Labrador ready to sign Churchill Falls energy dealQUÉBEC — The premiers of Quebec and Newfoundland and Labrador are ready to sign an energy agreement, ending a long-running dispute over the Churchill Falls hydroelectric plant in Labrador.
Read more »

Quebec and Newfoundland and Labrador ready to sign Churchill Falls energy dealQUÉBEC — The premiers of Quebec and Newfoundland and Labrador are ready to sign an energy agreement, ending a long-running dispute over the Churchill Falls hydroelectric plant in Labrador.
Read more »

Quebec and Newfoundland and Labrador ready to sign Churchill Falls dealQuebec Premier Francois Legault and his Newfoundland and Labrador counterpart Andrew Furey are set to sign an agreement Thursday ending a long-running dispute over the Churchill Falls hydroelectric complex.
Read more »

Quebec and Newfoundland and Labrador ready to sign Churchill Falls energy dealQUÉBEC — The premiers of Quebec and Newfoundland and Labrador are ready to sign an energy agreement, ending a long-running dispute over the Churchill Falls hydroelectric plant in Labrador.
Read more »

Quebec, Newfoundland and Labrador reach agreement on massive Churchill Falls hydroelectric projectDetails of the Churchill Falls agreement are being kept quiet but one of the sources described it as a good deal for Newfoundland, which has been locked in a decades-long dispute with Quebec
Read more »