Electrical Business


Canadian Government invites investor proposals for AECL CANDU Reactor Division

December 17, 2009 | By

Canada’s minister of natural resources, Lisa Raitt, has invited investors to submit proposals for the Atomic Energy of Canada Limited’s (AECL) commercial CANDU Reactor Division.

"Nuclear energy is an emission-free source of power that is experiencing a renaissance around the world," said Minister Raitt. "This industry employs 30,000 highly skilled Canadians, and our Government is committed to making sure these jobs are retained and more are created."

The division defines its objective as: ensuring Canadians have nuclear
as a safe, reliable, and economic clean energy option; controlling
costs to the government while maximizing the return on the taxpayers’
investment; and positioning the nuclear industry in Canada to seize
domestic and global opportunities. Proposals will be assessed on how
well they meet these goals.


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