Will Hydro Quebec go after Emera?

Wii Hydro Quebec go after Emera if a deal is done with Newfoundland and Labrador on the Lower Churchill resources?
Please read below.

1960-1979
Overview

Daniel-Johnson dam
Daniel-Johnson dam
Robert-Bourassa development in the James Bay region
Robert-Bourassa development
in the James Bay region
From the hydro Quebec site:


After the Liberal government of Jean Lesage came to power in June 1960, it gave Hydro-Québec an exclusive mandate to develop and operate hydropower sites not yet under concession to private interests. On May 1, 1963, when the government authorized it to proceed with the gradual acquisition of private electricity distributors, Hydro-Québec finally achieved Québec-wide scope. The second stage of nationalization had begun. How could Hydro-Québec meet the demand for electricity, which was growing at a rate of about 7% a year? It would have to double its generating capacity every ten years. For that reason, Hydro-Québec built three major hydroelectric complexes in rapid succession: Manic-Outardes in the Côte-Nord region, Hamilton Falls (later renamed Churchill Falls) in Labrador, and the La Grande complex in the James Bay region. Behind this accelerated development loomed the shadow of nuclear power, which by the mid-1960s had become the darling of the international energy scene. But the Québec Hydro-Electric Commission continued to put its faith in hydropower.

then:

Renewed growth
1997...
Overview

In 1997, the North American electricity market opened its doors to competition. Hydro-Québec obtained a power marketer licence for the U.S. wholesale market. Since the company essentially produces hydropower and can depend on its reservoirs, it was able to capitalize on new business opportunities in the northeastern U.S. through short-term buying and selling. The organization adapted well to the new deregulated environment, protecting the vested interests of Québec consumers and enriching Québec society. To meet growing demand for electricity in Québec, Hydro-Québec continued to develop the province’s economically viable hydroelectric potential. From this new context emerged a renewed corporate structure in which Hydro-Québec’s operations were grouped into four divisions.


I wonder if our politicians ever read?

1997

Hydro-Québec TransÉnergie

Wholesale electricity market opened up

To reciprocate with other North American energy producers, Hydro-Québec opened its transmission system and wholesale electricity market to competition. A new division, Hydro-Québec TransÉnergie, was created to provide non-discriminatory access to Québec’s transmission grid. The U.S. Federal Energy Regulatory Commission (FERC) granted a subsidiary of Hydro-Québec, Hydro-Québec Energy Services (U.S.), a licence to sell wholesale electricity at market prices. This authorization enabled Hydro-Québec to expand its market, capitalize on business opportunities outside Québec, and contribute even more to Quebecers’ collective prosperity.



Noverco

Strategic partnership

Spurred by the energy convergence sweeping North American markets, Hydro-Québec acquired a substantial share of Noverco—a holding company that controls natural gas distributor Gaz Métropolitain—with a view to participating in the growth of power transmission and natural gas distribution in northeastern North America.