Historic Memorandum on New Energy Partnerships in Labrador
December 12, 2024
Today Newfoundland and Labrador signed an historic Memorandum of Understanding (MOU) with Québec to terminate and replace the 1969 Upper Churchill Contract, develop Gull Island and expand capacity of the Churchill Falls plant. The deal will result in more than $225 Billion in total revenue to the provincial treasury over the life of the agreements.
The Innu of Labrador have a special relationship with the Province through the New Dawn Agreement. Innu Nation Grand Chief Simon Pokue and Premier Furey signed an official acknowledgement of the MOU confirming the province’s commitments to the Innu of Labrador.
Read the full release and learn how by working together, we are rewriting our Province’s history at ourchapter.ca.
“Today, we rightly amplify the powerful Churchill River and secure its place as one of national importance for us and our country. This river is a world-class source of renewable energy, critical to addressing climate change and is an important economic enabler. Together with our partners in Quebec, we are building a prosperous energy-driven future for all.”
Jennifer Williams
President and CEO, Newfoundland and Labrador Hydro
A message from Jennifer Williams, CEO, Newfoundland and Labrador Hydro.