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VisitUS and Canada Agree to Modernize 60-Year-Old Columbia River Treaty for Hydropower
Jul 11, 2024, 04:25 PM
The United States and Canada have reached an agreement in principle to modernize the 60-year-old Columbia River Treaty. This treaty governs flood control and power generation in the Columbia River Basin, a crucial source of hydropower for both countries. The modernization aims to reduce flood risk in communities and improve the management of the Columbia Basin and its critical hydropower dams. Work on draft amendments to the treaty will begin soon. Prime Minister Trudeau issued a statement on the preliminary agreement.
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Markets
No • 50%
Yes • 50%
Official announcements from the US and Canadian governments or treaty negotiation teams
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Official ratification announcements from both the US and Canadian governments
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Official text of the modernized Columbia River Treaty
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Official announcements from the US and Canadian governments
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Flood control • 25%
Environmental protection • 25%
Official text of the modernized Columbia River Treaty
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Official text of the modernized Columbia River Treaty