Premier François Legault does not rule out granting certain financial advantages to Newfoundland and Labrador regarding the current provisions of the electricity supply agreement for the Churchill Falls generating station, which expires in 2041.
Mr. Legault pointed out on Wednesday that the courts have upheld the integrity of the current contract, following a challenge from the Saint-Jean government.
“We won in court, so on that side it’s clear,” he said in a press scrum. Are there any adjustments to be made by 2041 in order to say in the balance: there are some for Newfoundland? It has to be win-win. »
On the eve of his departure for the island to begin negotiations with his counterpart Andrew Furey, Mr. Legault did not rule out certain arrangements to improve the current situation.
“It will depend on the price he offers us from 2041, he explained. But if it offers us a very advantageous price from 2041, are we ready to pay amounts before 2041? That’s going to be part of what’s probably going to be asked. But it is too early to answer the question. »
Before heading for Newfoundland, where he will stay until Friday, Mr. Legault wanted to lower expectations.
“It will not be easy, the negotiation, we know that Quebec has a very advantageous contract until 2041”, he specified.
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