NL Economy

Only negotiators ignorant of the law and NL history, and NL politicians opportunistically inclined to use this multi-billion dollar moment to seek re-election, would permit such a travesty to occur. No society, certainly not one carrying the level of debt with which Newfoundland and Labrador is burdened, can survive this level of recklessness.

Newfoundlanders and Labradorians deserve better than another generation of lost wealth.

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.

We also note the absence of information from the Province on any clear goals or strategic objectives, against which the MOU could be assessed. 

“An Important Step Towards Securing Quebec’s Energy Future” This is the heading for the Press Release issued by Hydro Quebec following the signing of the...

September 21, 2025 Editor’s Note: This is the unedited text of Mike Wilson’s press release of September 21, 2025 giving additional commentary and analysis regarding current...