Skip to content
Live newsroom 53 readers online
Tuesday, August 25, 2026 Live Sync: Just now
Demystifying Finance, Technology, and Global Markets for the Next Generation.
BreakingG.O.P. Lawmakers Rebuke Trump on Plan to Increase Beef Imports
Important

Wakeham, Fréchette and Hydro-Quebec to make announcement in St. John’s on Monday

ST. JOHN'S – Newfoundland and Labrador's premier says he'll be making an announcement with Quebec's premier on Monday, after reports last week that the provinces have struck an energy deal. One year of digital access for only $205* *Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus […]

By deepak · August 16, 2026 · 2 min read

ST. JOHN'S – Newfoundland and Labrador's premier says he'll be making an announcement with Quebec's premier on Monday, after reports last week that the provinces have struck an energy deal.

One year of digital access for only $205*

*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.

ST. JOHN'S – Newfoundland and Labrador's premier says he'll be making an announcement with Quebec's premier on Monday, after reports last week that the provinces have struck an energy deal.

ST. JOHN’S – Newfoundland and Labrador’s premier says he’ll be making an announcement with Quebec’s premier on Monday, after reports last week that the provinces have struck an energy deal.

A news release from the Newfoundland and Labrador government says Tony Wakeham will welcome Christine Fréchette for “an energy and economic development announcement” in St. John’s on Monday afternoon.

It says Quebec’s energy minister, Bernard Drainville, and Hydro-Québec president and CEO Claudine Bouchard will also be there.

The governments have been negotiating a deal to share energy from the Churchill River in Labrador, and La Presse reported last week that they had reached an agreement. 

Hydro utilities in Quebec and Newfoundland and Labrador jointly own the Churchill Falls generating station in Labrador, under a contract signed in 1969 and set to expire in 2041. 

The latest local business news and a lookahead to the coming week.

The provinces unveiled a framework agreement in 2024 to end the 1969 deal and establish a new arrangement to share energy and expand the Churchill River’s generating capacity, but when Wakeham was elected last fall, he subjected the draft deal to an independent review and sent a negotiating team back to the bargaining table.

This report by The Canadian Press was first published Aug. 16, 2026

Source: Read the original article on www.winnipegfreepress.com