Symbol of the Government of Canada

Government of Canada Invites Investor Proposals for AECL CANDU Reactor Division

OTTAWA — Canada’s Minister of Natural Resources, the Honourable Lisa Raitt, today invited investors to submit proposals for Atomic Energy of Canada Limited’s (AECL) commercial CANDU Reactor Division, the next step in restructuring the Crown Corporation.

“Nuclear energy is an emission-free source of power that is experiencing a renaissance around the world,” said Minister Raitt. “AECL’s CANDU Reactor Division needs strategic investors to take full advantage of this opportunity, strengthen its global presence and reduce the financial risks carried by taxpayers.”

Proposals will be assessed based on how well they meet set objectives, including: ensuring that 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.

“This industry employs 30,000 highly skilled Canadians, and our Government is committed to making sure these jobs are retained and more are created,” said Minister Raitt. “The Government of Canada, in partnership with the Canadian Nuclear Safety Commission, will continue its role in maintaining the safety, security and environmental stewardship of the nuclear industry.”

AECL’s Research and Technology Division, which includes the Chalk River Laboratories, will not be affected by today’s announcement. The top priority of this division continues to be restarting the National Research Universal reactor (NRU) as quickly as possible, while maintaining the highest standards of safety and security. The Government will make a decision at a later date on the best management structure for that Division.

For more information on the restructuring of AECL, please visit (file:///C:/Documents%20and%20Settings/amgingra/Local%20Settings/Temporary%20Internet%20Files/OLK7F/200950-eng.php).


Media may contact:

Jocelyne Turner or
Press Secretary
Office of the Minister
Natural Resources Canada
Ottawa
613-996-2007

Media Relations
Natural Resources Canada
Ottawa
613-992-4447

The general public may contact:

Mon.–Fri., 8:30 a.m.–4:30 p.m. EST
Telephone: 613-995-0947
TTY: 613-996-4397
(teletype for the hearing-impaired)
E-mail: questions@nrcan.gc.ca

NRCan’s news releases and backgrounders are available at www.nrcan.gc.ca/media.

Email

Share this article

The Government of Canada and Service Canada are committed to providing visitors with web sites that respect their privacy. This page summarizes the privacy policy and practices on Service Canada Web sites.

  • Service Canada Web sites do not automatically gather any specific personal information from you, such as your name, phone number or e-mail address. We would only obtain this type of information if you supply it by sending us an e-mail or registering in a secure portion of the site.
  • All personal information held or collected by this department is protected under the federal Privacy Act. This means that at any point of collection you will be asked for consent to collect your information or advised of the authority for such collection. You will be informed of the purpose for which it is being collected, how to exercise your right of access to that information, and where and for how long the information will be kept.
  • Service Canada employs software programs to monitor network traffic to identify unauthorized attempts to upload or change information, or otherwise cause damage. This software receives and records the Internet Protocol (IP) address of the computer that has contacted our Web site, the date and time of the visit and the pages visited. We make no attempt to link these addresses with the identity of individuals visiting our site unless an attempt to damage the site has been detected. Statistical information may be collected for audit purposes or for maximizing effectiveness.
  • Service Canada does not normally use "cookies" to track how our visitors use this site or to determine sites previously visited. If cookies are in use and you have your cookies notification option activated on your browser the system will notify you before any cookies are used so that you may refuse them. (A "cookie" is a file that may be placed on your hard drive without your knowledge by a Web site to allow it to monitor your use of the site.)
  • Visitor information is not disclosed to anyone except Government of Canada personnel who need the information to carry out responsibilities of their job. Any further disclosure of the personal information you give us will be in accordance with the federal Privacy Act. It is to be kept in mind that electronic systems and email are insecure information transmission methods. It is not recommended that sensitive personal information be transmitted electronically.

Questions or comments regarding this policy, or the administration of the Privacy Act on the Canada Site may be directed to:

Access to Information and Privacy
Privacy Policy and Human Rights Division
Service Canada
85 de la Savane, 3rd Floor, Mailstop #42
Gatineau, QC K1A 0J9
Telephone: (819) 934-8903
E-mail Address: nc-atip-aiprp-gat-gd@servicecanada.gc.ca

If you are not satisfied with our response to your privacy concern, you may wish to contact the Office of the Privacy Commissioner.







*Required