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7 days ago

PM Carney asks premiers to remove U.S. booze ban to help finalize trade deal

Prime Minister Mark Carney is asking premiers across the country to put American liquor back on Canadian shelves as Ottawa works to finalize a new trade agreement with the United states. The request comes after provinces moved to pull American alcohol from liquor stores earlier this year, in retaliation for U.S. tariffs on Canadian goods. […]

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1 week ago

Local financial analyst says Churchill Falls could have greater impact than oil production

If all goes to plan, the new Churchill Falls deal could mean a major economic shift for the province, according to Larry Short. Short, of Short Financial says he’d go as far as to say the new agreement could have a greater impact on the economy than all oil produced in the province to date. […]

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1 week ago

Hydro-Québec says it will pay about six cents per kilowatt-hour for the new supply, roughly one-third the cost of alternative sources

After decades of frustration over the 1969 Churchill Falls contract, the province says it has finally secured a new deal designed to deliver far greater value from Labrador’s hydroelectric resources. The original agreement allowed Quebec to purchase Churchill Falls power at extremely low rates and resell much of that electricity for enormous profits. That contract […]

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1 week ago

Churchill Falls deal expected tomorrow

As NTV News reported on Wednesday, a Churchill Fall deal appears ready, but neither government is confirming that a final agreement has been made. We now know Premier Tony Wakeham will be joined by Christine Fréchette, Premier of Quebec, Monday afternoon for an announcement regarding energy security and economic development. Premier Fréchette will be accompanied […]

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