Government of Canada Announces Negotiations on Financial Restructuring of Lower Churchill Projects

Today, the Honourable Seamus O’Regan, Minister of Natural Resources, on behalf of the Honourable Bill Morneau, Minister of Finance, announced that the Government of Canada has agreed to financial restructuring negotiations and will support short-term flexibilities for the Lower Churchill Projects in Newfoundland and Labrador in recognition of the province’s objective to protect ratepayers.

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