Churchill Falls (Labrador) Corporation receives Quebec Court of Appeal decision on the 1969 Power Contract
August 1st, 2016
Churchill Falls (Labrador) Corporation (CF(L)Co) today received the decision from the Quebec Court of Appeal with respect to the motion it filed in February 2010 regarding the inequities of the 1969 Power Contract between CF(L)Co and Hydro-Québec and its Renewal.
In August 2014, CF(L)Co filed an appeal of the Quebec Superior Court Good Faith decision with the Quebec Court of Appeal. The Appeal hearing took place on April 25, 2016 and in the decision issued today, the Court of Appeal ruled against CF(L)Co.
The company is reviewing the decision and will provide further information once this review is completed.
Deanne Fisher, Manager, Corporate Communications and Stakeholder Engagement