Hot off the heels of a new Churchill Falls hydroelectric agreement between Newfoundland and Quebec, Prime Minister Mark Carney said Ottawa will chip in $10 billion in federal financing to upgrade and expand the project. The funds will be used to upgrade and expand the generating station, build transmission lines, create offshore wind turbines and develop the Gull Island hydroelectric project. »»» Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWS For breaking news, video, audio and in-depth coverage: https://www.cbc.ca/news Follow CBC News on TikTok: https://www.tiktok.com/@cbcnews Subscribe to CBC News on Snapchat: https://bit.ly/3leaWsr Subscribe to CBC News on WhatsApp: https://www.whatsapp.com/channel/0029Vb6MSjH9Bb63S9tbQa1Y Download the CBC News app for iOS: http://apple.co/25mpsUz Download the CBC News app for Android: http://bit.ly/1XxuozZ »»»»»»»»»»»»»»»»»» For more than 80 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.