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In this insightful interview, Siobhan Cody, Deputy Premier and Minister of Finance for Newfoundland and Labrador, discusses the historic agreement to replace the 1969 Upper Churchill Contract, develop Gull Island, and expand Churchill Falls. This groundbreaking deal promises billions in revenue, transformative energy projects, and minimal risk to the province. Cody reflects on the leadership that made it possible and the long-term impact on Newfoundland and Labrador's future.

Timestamps:

0:00 – Intro music and welcome to the episode.
0:12 – Host introduces Siobhan Cody, Deputy Premier and Minister of Finance.
0:46 – Discussion begins on the historic announcement to replace the 1969 Upper Churchill Contract and its financial significance.
1:18 – Details on the new 50-year agreement and its $1 billion annual revenue impact.
2:00 – Overview of the four major energy projects, including Gull Island development and Churchill Falls expansion.
2:24 – Significance of Gull Island as North America’s last major hydroelectric opportunity.
3:00 – Explanation of ownership and financial structure of the Gull Island project.
3:45 – Discussion on economic benefits and job creation (10,000 full-time equivalent positions).
4:30 – The importance of tripling Labrador's power capacity to meet industrial demand.
5:16 – Summary of the deal’s transformative impact on the province’s future.
5:36 – Cody reflects on her nine-year career and milestones in government.
6:12 – Closing remarks on the leadership behind the agreement and its long-term legacy.
7:06 – Final thoughts on the win-win nature of the deal for Newfoundland and Labrador.
🎥 An exciting conversation about the bold steps shaping Newfoundland and Labrador’s future.

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