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Newfoundland to Renegotiate Power Deal With Hydro-Quebec

Bloomberg
Bloomberg

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Newfoundland to Renegotiate Power Deal With Hydro-Quebec

The leader of Newfoundland and Labrador said an electricity supply agreement reached by the previous provincial government with Quebec is not in his province’s long-term interest, and new negotiations will unfold.

Industries Energy A Hydro-Quebec truck at a substation in Montreal.

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Send a tip to our reporters Site feedback: Take our Survey New Window By Mathieu Dion May 19, 2026 at 6:00 PM UTC The leader of Newfoundland and Labrador said an electricity supply agreement reached by the previous provincial government with Quebec is not in his province’s long-term interest, and new negotiations will unfold.

“I will never sign such a deal,” Premier Tony Wakeham said at a news conference Tuesday. He announced his position following the conclusions of an independent review committee his government struck to examine the memorandum of understanding signed in 2024.

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