Quebec premier to visit Newfoundland and Labrador for talks on Churchill Falls deal

Quebec Premier François Legault will travel to Newfoundland and Labrador on Thursday for two days of talks on a new Churchill Falls hydroelectricity deal.

Legault made the announcement during question period at the Quebec City legislature.

The 1969 agreement with Newfoundland and Labrador allows Hydro-Québec to purchase the majority of the electricity generated at the station in central Labrador — and therefore reap most of the profits.

As of 2019, the deal has yielded close to $28 billion in profits to Quebec, compared to just $2 billion for Newfoundland and Labrador.