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Politicians are set to vote on draft of a deal that would see Hydro-Quebec pay more than it currently does for electricity.
Newfoundland and Labrador’s Opposition Progressive Conservatives asked the premier on Jan. 8 to suspend a vote on a draft energy deal with Quebec’s hydro utility until it is reviewed by independent experts.
Party leader Tony Wakeham made the demand in the provincial legislature during Day 3 of a four-day debate about the memorandum of understanding unveiled last month between both provinces’ public utility companies.
Wakeham says an independent review would fulfill recommendations from a public inquiry into the disastrous Muskrat Falls hydroelectric project in Labrador, which was completed in 2023 after years of delay and billions of dollars in cost overruns.
In response, Liberal House Leader John Hogan said any projects in the agreement that would affect ratepayers would be reviewed by the province’s utility board — a step that didn’t happen for Muskrat Falls.
Premier Andrew Furey has also promised to assemble an independent expert panel to provide advice as Newfoundland and Labrador Hydro negotiates with Hydro-Quebec on a final version of the agreement, expected in 2026.
Politicians are set to vote Thursday night on the early draft of the deal, which would see Hydro-Quebec pay far more than it currently does for electricity from the Churchill Falls plant and develop more hydroelectric projects with Newfoundland and Labrador Hydro.
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