> We lost the control ... lurk back to Ontario and the USA and cry for energy that we need to buy back at crazy rate.
Do you have references?
From the following link, Quebec has only recently (~2024 / 2025) started to buy more power from outside than it's sold, and it looks like it's done so at a good profit:
"Hydro-Québec is now buying more power from outside the province than it’s exporting, a significant reversal from years past caused by a drop in its northern water reservoirs at a time of surging demand. The utility, Canada’s biggest producer of electricity, purchased about 10 terawatt-hours of power at a price of 5 cents a kilowatt-hour for the first nine months of the year, according to its latest quarterly report published Friday. It sold about 8 twh at 15 cents a kwh over the same time outside Quebec."
- https://www.theglobeandmail.co...
"Water cycles are unpredictable. After an eight-year period of high water inflows from 2013 to 2021, volumes in Hydro-Québec reservoirs have since decreased to below average levels, according to Pierre-Olivier Pineau, an energy specialist at Montreal’s HEC business school.
"It’s not surprising and we should not be alarmed,” Mr. Pineau said in an interview. “Markets and interconnections are there to balance supply and demand.”
"The sheer size of Hydro-Québec’s system and its storage capacity give the power producer flexibility in handling its reserves, exporting electricity when prices are high and importing when they’re low, Mr. Aucoin said. The company has generated more than $600-million in profit this way since January, part of the $2.83-billion in net income it reported for the first nine months of the year."