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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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Armed Militants Kill Priest and Police in Attacks on Churches and Synagogue in Dagestan

 

Armed militants launched a series of attacks in Russia's southern republic of Dagestan, resulting in the deaths of a priest and six police officers. The incidents occurred at two Orthodox churches, a synagogue, and a traffic police post.

According to Russian state news agency RIA Novosti, the assailants targeted a synagogue and a church in the city of Derbent, located on the Caspian Sea. The attackers fled the scene, prompting a search operation by authorities. Two militants were reportedly "eliminated" during the pursuit.

Simultaneously, a traffic police post in the capital of Dagestan, Makhachkala, was also attacked. Six policemen lost their lives, and 12 others were injured in this separate incident.

While no group has claimed responsibility for the attacks, some officials in Dagestan have pointed fingers at Ukraine and NATO. However, Ukrainian authorities have not yet commented on the situation.

President Ramzan Kadyrov of neighboring Chechnya condemned the violence, describing it as a "vile provocation" aimed at sowing discord between religious communities.

The situation remains tense, and authorities are investigating the motives behind these tragic events.


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