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On January 17, 1961, Canadian Prime Minister John Diefenbaker and United States President Dwight Eisenhower signed the Columbia River Treaty.
It was a landmark agreement that required Canada to build three dams to aid in U.S. flood protection and power generation. In exchange for taking on the impacts of these water storage projects, Canada was paid $64 million for 60 years of flood control benefits.
Canada also received an entitlement to one-half of the estimated additional hydroelectric generation capability at power plants on the Columbia River in the United States made (Read more…)
