Thousands of jobs and billions in revenues at risk unless federal
politicians take action
PICKERING, ON, May 3 /CNW/ - Canada's $6.5 billion a year nuclear
industry, and more than 70,000 people working in direct and indirect
industry jobs, could be in jeopardy if federal politicians continue to
delay decisions about the restructuring of Atomic Energy of Canada
Limited (AECL). The Organization of CANDU Industries (OCI) is calling
for clarity on AECL so the industry can get back on track and
capitalize on domestic and international opportunities in the growing
nuclear power sector.
The thousands of men and women working in Canada's nuclear industry have
been waiting since 2007 for the federal government to finalize plans
for the restructuring of AECL. The delay in decisions has created
uncertainty in the marketplace about the future of Canada's highly
successful CANDU reactor technology, which has created serious problems
for Canada's nuclear industry supply chain. The uncertainty has also
caused the Ontario government to delay decisions about CANDU technology
for the two new reactors planned for the Darlington site.
"Now that the federal election is completed and politicians are going to
be getting back to work, we are calling on all federal politicians to
work together to help Canada's nuclear industry regain its competitive
position," says Organization of CANDU Industries General Manager, David
Marinacci. "The men and women working in Canada's nuclear industry
urgently need decisions about AECL so we can capitalize on the domestic
and international opportunities."
Canada has been building reactors around the world almost continuously
since the 1980s. This steady pipeline of business has kept our nuclear
supply chain companies vibrant and fully mobilized. The strength of the
Canadian supply chain is a considerable asset that will help ensure
international contracts for CANDU technology.
The Canadian nuclear industry is a $6.5 billion a year industry,
generating more than $1.5 billion in federal and provincial revenues
through taxes, and more than 70,000 direct, indirect and spin-off jobs.
The Canadian Energy Research Institute (CERI) recently reported that
Canada's exports of nuclear related materials and services totalled
approximately $1.2 billion in 2008.
The Organization of CANDU Industries (OCI) represents more than 165
Canadian companies supplying goods & services for CANDU reactors in
domestic & export markets. OCI companies provide engineering services &
manufactured components for the CANDU industry and although it
functions separately from design authorities & utilities, OCI members
participate in design, manufacture, construction & commissioning of
CANDU plants here at home and abroad.
SOURCE Organization of CANDU Industries
For further information:
Organization of CANDU Industries