![\"\"](\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/05\/furey-quebec-deal-6.png\")
<\/a><\/p>\nFurey famously rips apart a copy of the original Churchill Falls agreement with Quebec. (VOCM News)<\/p>\n
The document was championed by the former Liberal administration as the answer to the province\u2019s money woes, with $225-billion projected to be pumped into the province over the life of the deal.<\/p>\n
The Liberals brought the MOU to the House of Assembly for a special debate and defended it as a good deal, insisting that it had been properly reviewed and they were ready to negotiate final agreements.<\/p>\n
The brakes were put on all that, however, when the PCs won the fall election. Premier Tony Wakeham had insisted that an independent review of the document be done, making it a cornerstone promise of his election campaign.<\/p>\n
Premier Tony Wakeham (VOCM News)<\/p>\n \u201cWe\u2019re talking about the review of an MOU, to make sure this indeed represents the best opportunity for Newfoundland and Labrador,\u201d Wakeham said while speaking with reporters on May 4.<\/p>\n The details of the three-person review panel were announced in December and they were given until April 30th \u2013 the same day the MOU expired \u2013 to deliver their report to government.<\/p>\n The report was delivered on time, and with Wakeham insisting that the premier of Quebec respects the review process, the MOU expiry date came and went.<\/p>\n Today, Premier Tony Wakeham will release the report publicly at a news conference scheduled for 12:30 at Confederation Building. VOCM News will carry it live.<\/p>\n Hydro Quebec Looking at Other Options if NL Backs Out: Quebec Media<\/p>\n<\/a><\/p>\n