OTTAWA, July 19, 2012 /CNW/ - Canada's nuclear industry congratulates
Foreign Affairs Minister John Baird and the Government of Canada on the
signing of a supplementary protocol to the long-standing Canada-China
Nuclear Cooperation Agreement. This supplementary protocol will allow
Canadian uranium companies to increase their exports to China.
"This is good news for Canada's nuclear industry," said Denise
Carpenter, President and CEO of the Canadian Nuclear Association.
"Canada produces 18% of all global uranium, making us the second
largest producer in the world. Our uranium industry directly employs
about 5,000 people across Canada and is the leading employer of
Aboriginal people in Saskatchewan."
The signing of the supplementary protocol means new jobs and new
investments in Canada, and greater security of nuclear fuel supply for
China. The agreement will allow increased uranium exports to meet
China's growing nuclear energy industry while continuing to uphold
Canada's long-standing commitment to nuclear non-proliferation.
"This agreement between Canada and China will generate even more jobs
and revenue in Canada, and contribute to the use of clean, low-carbon
energy in China, which is the world's largest energy consumer," added
The Canadian nuclear industry is supportive of the federal government's
efforts to promote trade-creating opportunities for the uranium mining
industry and Canadian nuclear technologies in growing markets such as
Canada's nuclear industry generates approximately $6.6 billion per year,
contributing $1.5 billion in tax revenue and $1.2 billion in export
revenues. The industry also supports over 70,000 direct and indirect
SOURCE CANADIAN NUCLEAR ASSOCIATION
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