COMMISSIONED FROM 1971 TO 1974, IT IS OWNED AND OPERATED BY THE CHURCHILL FALLS (LABRADOR) CORPORATION LIMITED, CFLCO, OWNED BY NALCOR ENERGY AND HYDRO-QUÉBEC. THE DAMMING OF THE UPPER CHURCHILL RIVER TO CREATE THE SMALLWOOD RESERVOIR FLOODED OVER 6,500 SQUARE KILOMETERS OF INNU LAND IN LABRADOR, INCLUDING VALUABLE CARIBOU HABITAT, CULTURAL GATHERING PLACES, TRAVEL ROUTES, AND INNU BURIAL GROUNDS. IT IS THE FIFTH LARGEST RESERVOIR IN THE WORLD – LARGER IN AREA THAN PRINCE EDWARD ISLAND.