The deal will replace a contentious 1969 contract to export power from the Upper Churchill Falls hydroelectric facility in Labrador that has been a source of bitter tension between the two provinces for decades. Although Newfoundland and Labrador owns the ...

Newfoundland and Labrador has reached a tentative deal with Quebec over power flowing from the Churchill Falls hydroelectric plant that could reap hundreds of billions of dollars over the next five decades.

Newfoundland and Labrador signed an historic Memorandum of Understanding on Thursday to terminate and replace the 1969 Upper Churchill Contract, develop Gull Island and expand the capacity of the Churchill Falls plant.