Quebec Newfoundland Energy Deal | Calgary News

Calgary News Today | 2 Min News | The Daily News Now! · Aug 18, 2026 · 1m

Quebec, Newfoundland, and Ottawa just unveiled a game-changing energy deal that could triple hydroelectric output to 14,000 megawatts—more than double the continent’s largest nuclear plant. Backed by $10 billion in federal funding and fast-tracked approvals, this expansion at Churchill Falls and Gull Island aims to resolve a decades-old electricity pricing feud that Newfoundland’s premier called one of his province’s darkest chapters. Framed as a win-win-win, the agreement is the culmination of months of talks—but it’s not yet sealed; final approval is pending, likely by year’s end…