Carney to announce Churchill Falls deal ending 57-year Quebec–Newfoundland energy dispute

Prime Minister Mark Carney is set to announce a finalized Churchill Falls agreement between Quebec and Newfoundland and Labrador, joined by both premiers. Ottawa reportedly facilitated the deal through financial incentives. The 1969 contract, a perennial grievance in St. John's over below-market rates, is being replaced under a 2024 framework that raised prices and added new generation.