Hydro-Québec's statement on the next steps in negotiations on energy development in Labrador Français

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Hydro-Québec

May 19, 2026, 16:26 ET

MONTRÉAL, May 19, 2026 /CNW/ - Hydro-Québec welcomes the appointment of a negotiating team and the Government of Newfoundland and Labrador's desire to resume discussions.

Hydro-Québec believes it is possible to reach a final agreement that will enable the creation of sustainable value.

That said, any final agreement must reflect balanced terms and deliver clear benefits to Hydro-Québec's customers. In this respect, no agreement will be reached on terms that are less favourable than those initially agreed upon.

SOURCE Hydro-Québec

Relations with the media: Hydro-Québec, (514) 289-5005, 1 844 289 5005, [email protected]

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Hydro-Québec

Hydro-Québec delivers reliable electricity and high-quality services tailored to customers’ needs at competitive prices. By developing clean and renewable energy sources, Hydro-Québec is contributing to Québec’s collective wealth while playing a central role in moving...