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Carney to make announcement in St. John’s with Quebec, N.L. premiers

OTTAWA — Prime Minister Mark Carney is set to make an announcement about energy security after reports that Quebec and Newfoundland and Labrador have reached a deal regarding Churchill Falls.

Prime Minister Mark Carney is scheduled to announce a development concerning energy security in St. John’s, alongside the premiers of Quebec and Newfoundland and Labrador. Sources indicate that discussions have taken place between the two provinces regarding the Churchill Falls hydroelectric project. The station, located in Labrador and jointly owned by the hydro utilities of Quebec and Newfoundland and Labrador, is governed by a contract signed in 1969.

Previously, an agreement was reached in 2024 to transition from the current arrangement to a new energy-sharing deal with increased generating capacity. However, upon the election of Newfoundland and Labrador Premier Tony Wakeham last fall, he mandated a review of the existing deal and subsequently convened a negotiating team to resume discussions.

According to La Presse, reports suggest that the two provinces have now reached a consensus, with the federal government providing assistance through financial incentives. This information was initially reported by The Canadian Press on August 17, 2026.

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