I especially remember the years after the inequity of the 1969 Churchill Falls contract began to grip members of the public. The sense of unfairness exhibited in the Churchill Falls Contract was rife; it bothered many people to a degree that it became a wound on the collective psyche of my generation.
Don’t forget that the forces pushing this MOU are the same forces that brought us the Muskrat Falls boondoggle. Parties to the MOU and their proxies simply cannot be relied upon as independent and unbiased sources to evaluate the merits of their own deal.
Date: October 2, 2025
The people of our province deserve adequate support for Newfoundland and Labrador Hydro (NLH)’s claim that “the price for power will...
Dr. May also highlights a significant disparity in royalty arrangements—in that NL receives water royalties estimated at just 1/36th of what Quebec collects for comparable hydroelectric generation. And, notably, HQ’s royalty revenues flow directly to the Quebec government, helping to reduce its provincial debt.
This MOU does not even attempt to address the foundational problems that flowed from the old deal (Equity and Equity Exit issues and particularly water rights). To proceed without fixing these fundamental problems, I feel will be almost like virtually taking the Churchill River and moving it across the border into Quebec.