Corner Brook MHA expects new Churchill Falls deal will pass in the House of Assembly

    Monday, 16 December 2024 07:00

    By Tonya Organ

    Gerry Byrne says he’s not hearing any negativity concerning the new Churchill Falls Hydro electric deal.

    Corner Brook MHA Gerry Byrne says he’s not hearing any negativity concerning the new Churchill Falls Hydro electric deal. Last week, Premier Andrew Furey and Quebec Premier Francois Legault signed a memorandum of understanding on a new deal. Byrne says the new deal changes everything with a new contract that gives us 30 times the revenue in the final 17 years of the former Churchill Falls contract. He says this deal goes farther with additional developments for NL with zero risks and tens of billions worth of construction. The next step is for the fine print to be discussed in the House of Assembly. The new deal is expected to bring ¼ trillion of new revenue into the province up to 2075. 

     

    To report an error, submit a news tip, or provide feedback, please e-mail news@bayfm.ca or call (709) 637-0183.

    More from Local News

     

     

     

    BayFM recognizes support from the following agencies:

                        

    Today's Weather

    • Corner Brook

      Sunny intervals

      High: 16°C | Low: 6°C

    • Deer Lake

      Sunny intervals

      High: 17°C | Low: 5°C

    • Stephenville

      Sunny intervals

      High: 11°C | Low: 7°C

    Recently Played

    Podcasts

    • BayFM On-Demand

      Mi’kmaw singer songwriter Elizabeth Sheppard on Bay Fm

      Sheppard will be dropping a new single Sunday May 17

    • Trash Talk

      Trash Talk Thursday, May 14, 2026

      Where we answer your most asked questions from the new WRWM NL App! Got questions about recycling? Download the app!

    • NL Summer Games 2026

      NL Summer Games Update 2026

      Len Moores is Chair of the 2026 NL Summer Games committer