Hydro-Québec has retained General Cable as its main cable supplier for the next three years and is awarding it a contract valued at an estimated $108 million.
The remainder of the supply will be shared between Prysmian (Ontario) and Southwire (United States), which were awarded contracts respectively worth $17 million and $56 million.
Cables are an indispensable product to ensure electricity supply to Québec customers, be it for the numerous projects to come or for repairing the grid during failures. In addition, for reliability and safety reasons, Hydro-Québec cannot depend on a single supplier for such an essential product.
From 2009 to 2014, the Québec cable market has gone from having four suppliers with five plants to a single supplier (General Cable) with two plants (Saint-Jérôme and Shawinigan).
Hydro-Québec must reach a balance between economic development in Québec and the price paid, since purchases have an impact on electricity rates. In 2014, goods and services purchased from Québec companies reached $3.3 billion, of which 94% was from Québec-based companies.
Serge Abergel
Press Officer
October 26, 2026, General news
Montreal – Hydro-Québec announces that it has negotiated on the Canadian domestic market the issue of notes totaling C$500,000,000, Series 0093 maturing on February 15, 2067, under its Canadian Medium Term Note Programme.
September 4, 2026, General news
Hydro-Québec announces net income of $2,020 million and $3.4 billion in investments for the first semester of 2026
August 17, 2026, General news
Power generation in Labrador: Hydro-Québec secures Québec’s energy future, at a competitive cost
