This business professor says the new Churchill Falls deal is the most important event of Newfoundland and Labrador's history

CBC Newfoundland Morning

Newfoundland and Labrador has reached a tentative -- but monumental -- new deal with Quebec. The original Churchill Falls agreement has been a point of contention for many in this province, but the new deal would see hundreds of billions of dollars come into the province over the next five decades. Ian Lee is an associate professor in the Sprott School of Business at Carleton University.