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Hydro-Québec projects deficit that could force it to rely on U.S. and other provinces

By Globalnews Digital

Hydro-Québec has released a report suggesting it may need to import electricity from neighbouring provinces or the United States within the next three years.

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Budget deficit

The amount by which a government's spending exceeds its revenue in a given year, covered by borrowing.

Persistent deficits add to public debt and can raise the cost of future borrowing.

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