A Shared Path Forward: Strengthening Canada Through Collaboration on Major Energy Projects

The Atlantic Chamber of Commerce (ACC) and the Fédération des chambres de commerce du Québec (FCCQ), representing two of the largest business associations in their respective regions, recognize that the proposed developments related to Churchill Falls represent more than a regional opportunity: it’s a defining moment for how provinces can work together to advance large-scale, nation-building initiatives.

At a time when Canada faces rising global competition for investment, accelerating demand for clean energy, and increasing pressure to deliver economic growth responsibly, collaboration is not optional, it is essential. The business community across our two provinces is aligned in its view: progress depends on predictability, clarity, partnership, and a will to act.

Recent discussions surrounding the Churchill Falls agreement have underscored the importance of rigorous analysis, transparency, and public confidence. These are not obstacles to progress; they are necessary conditions for successful outcomes. Major projects of this scale must be grounded in sound evidence, thoughtful governance, and a clear understanding of long-term benefits and risks.

On the matter of the Churchill Falls agreement, prolonged uncertainty carries its own cost. Delays in decision-making can undermine investor confidence, slow the development of critical infrastructure, and limit Canada's ability to meet its growing energy needs.

The opportunity before Newfoundland and Labrador and Quebec is significant. Together, we have the potential to unlock substantial investment, create thousands of jobs, strengthen energy security, and contribute meaningfully to Canada’s broader economic and environmental objectives. It can also demonstrate what effective interprovincial collaboration looks like in practice.

This is not about one province prevailing over another. It is about establishing a framework where cooperation drives shared value, and where businesses, workers, and communities across regions benefit from thoughtful, coordinated development. When collaboration is done well, the outcome is not a compromise, but a catalyst for greater value.

As the independent review process concludes later this month, it provides an opportunity to reinforce confidence in both the analysis and the decision-making that follows. The role of the business community at this moment is clear: to advocate for a process that is transparent, swift, and focused on long-term outcomes.

Rhonda Tulk-Lane,
President & CEO
Atlantic Chamber of Commerce

Véronique Proulx
CEO
Fédération des chambres de commerce du Québec (FCCQ)