Flawed Deals and Forgotten Lessons: Churchill Falls' Fiasco Continues The recent report from the independent review committee in Newfoundland and Labrador highlights the flaws in the proposed MOU between the province and Quebec regarding the development of Churchill Falls.
The committee's findings are not surprising, given the long history of contentious deals between the two provinces on this project.
The current MOU has been criticized for its restrictive terms and low prices for power purchased by Hydro Québec, issues that were also present in the 1969 contract.