Canada may miss out on nuclear renaissance

National Post

John Shmuel
January 25, 2011

The following is an excerpt. To view the full article please visit the link below

Despite the fiasco over the sale of Canada's nuclear Crown corporation, Atomic Energy of Canada Ltd. (AECL), the country's nuclear industry continues to pull in about $1.2-billion a year in exports -- though its future is now more uncertain than ever.

Domestically speaking, nuclear technology in Canada is a $6.6-billion sector that employs 71,000 people either directly or through spinoff jobs. It is an industry overwhelmingly centred around AECL and its flagship Candu reactors -- of which there are 29 in operation around the world.

But AECL, as it exists now, may not be around for much longer. Crippled by …

* * *

The opinions expressed in this article/multimedia are those of the author(s) and do not necessarily reflect the views of CIGI or its Board of Directors.