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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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Pope Francis Shows Resilience Amid Health Setback


Pope Francis, 88, is resting and recovering after a recent health setback during his two-week battle with double pneumonia. The Vatican reported that the Pope experienced an isolated bronchial spasm, which caused a sudden worsening of his respiratory condition. Doctors promptly placed him on non-invasive mechanical ventilation after aspirating vomit that had been inhaled during a coughing fit.

Despite the alarming episode, the Pope remains conscious and alert. Encouragingly, he started his day with coffee and the morning newspapers, signaling a return to some normalcy. The Vatican emphasized that his prognosis remains guarded, but there have been no further respiratory crises overnight.

This health challenge comes as Pope Francis continues to inspire millions with his resilience and dedication, even amidst personal health struggles. The global Catholic community remains united in prayer for his swift recovery.

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