Churchill Falls MOU Report Finds Deal Not in N. L.
's Best Interest The long awaited report on the Churchill Falls Memorandum of Understanding (MOU) has finally been released, highlighting significant shortcomings in the deal negotiated by the Crown Corporation over two decades ago.
The agreement, made between Newfoundland and Labrador and Hydro Québec in 1985, failed to adequately protect the interests of Newfoundland and Labrador.