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Churchill Falls: A 15% Power Bill Rebate, $10 Billion From Ottawa — What It Means for Your Wallet

  Thursday, August 20, 2026 Last Monday, Prime Minister Mark Carney stood on a pier in St. John's alongside Newfoundland and Labrador Premier Tony Wakeham and Quebec Premier Christine Fréchette to announce what Ottawa is calling the largest clean energy investment in North American history. Buried in the headline numbers — $273 billion in nominal contract value, $10 billion in federal financing, 14,000 megawatts of new hydro capacity — is a much simpler story for ordinary Canadians: who pays what for electricity, for the next 50 years. Here's what actually changed, and what it means for your bills whether you live in St. John's, Montreal, or Ajax, Ontario. The deal it's replacing was historically lopsided To understand why this is a big deal, you need the old one. Under the original 1969 Churchill Falls contract, Quebec locked in the right to buy the vast majority of the plant's power from Newfoundland and Labrador at roughly 0.2 cents per kilowatt-hour — a price th...
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Ontario is gearing up for a significant change on its highways as the Ford government announces an increase in speed limits. Starting July 12, drivers will experience a new pace of travel with speed limits rising to 110 km/h on select sections. This move is set to affect over 250 km of Highway 401, including stretches around Kingston and Belleville, as well as parts of Highway 403 near Brantford.

The decision follows a successful pilot program and consultations that began in 2019. It also aligns Ontario’s speed limits with those in other Canadian provinces, making for a more uniform driving experience across the country. The government assures that the highways were originally designed to safely accommodate the new speed limits, and data from the 2022 changes support this claim.

While the speed limit increase is welcomed by many for its promise of a more convenient commute, it does not alter the threshold for stunt driving charges. In Ontario, speeds exceeding 50 km/h above the posted limit can lead to such charges, and with the new changes, 150 km/h remains the cutoff.

As Ontario prepares for this shift, drivers are reminded to adjust their habits accordingly and enjoy the benefits of a faster, yet safe, journey on the province’s highways.

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