Newfoundland and Labrador’s premier says if Quebec needs a brand new hydro deal then the province must “present us the cash!”
Andrew Furey made the feedback right this moment on the convention of New England governors and Japanese Canadian premiers, in Quebec Metropolis.
Furey says Quebec must pay up if it needs to proceed shopping for hydroelectric energy from Labrador’s Churchill Falls Producing Station when the present settlement ends in 2041.
The settlement from 1969 has earned Quebec greater than $28 billion however solely $2 billion for Newfoundland and Labrador.
Quebec Premier Francois Legault has stated that he understands the anger amongst Newfoundland and Labrador residents, and has floated the thought of providing monetary compensation to the province earlier than 2041.
Furey says the deal has been “punishing” for his province and that an apology he acquired from Legault has helped set the stage for the brand new negotiations.
This report by The Canadian Press was first revealed in French on Sept. 25, 2023.