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ST. JOHN’S / OTTAWA – August 18, 2026 – Quebec, Newfoundland and Labrador, and the federal government have announced a new agreement on the Churchill Falls hydroelectric project, describing it as one of the largest clean-energy investments in North American history.
The deal includes a major redevelopment and expansion of the Churchill Falls facility and aims to resolve long-standing disputes over electricity pricing between the two provinces. Officials said the arrangement will provide long-term energy security and economic benefits while supporting Canada’s clean-power goals.
Prime Minister Mark Carney joined the premiers of Quebec and Newfoundland and Labrador for the announcement. The non-binding agreement sets the framework for further negotiations and development work. Both provincial governments and Ottawa have framed the deal as a significant step forward after decades of tension over the original Churchill Falls contract.
