New Churchill Falls hydro deal between N.L. and Quebec being finalized: sources

Quebec and Newfoundland Labrador are nearing a new agreement over the Churchill Falls hydroelectric project, according to sources familiar with the negotiations. This deal, if finalized, would likely resolve longstanding disputes over revenue sharing and ensure a stable future for the hydro project. It's significant because the Churchill Falls project has been a major source of income for Newfoundland and Labrador, and any changes could have substantial economic implications for both regions. The new deal may also set a precedent for future energy resource agreements between provinces.