The Organization of CANDU Industries (OCI) emphasizes the importance of a successful restructuring of AECL

PICKERING, ON, Jan. 17 /CNW/ - The Organization of CANDU Industries (OCI) emphasizes the importance of a successful restructuring of AECL.

"Despite a promising starting position, Canada is rapidly losing ground in a nuclear renaissance worth trillions of dollars and our industries are suffering unnecessarily," said OCI President Dr.Neil Alexander. "While the restructuring has been taking place, it has been difficult for potential CANDU opportunities to advance. This has resulted in a decline in orders for manufactured components and as a result, specialized Canadian machine shops are idle and skilled workers are being stood down."

Opportunities for CANDU technology sales exist right now and it is important that the outcome of the restructuring facilitates those sales and does not divide the technological capability in an unsustainable way. Here in Canada, the Province of Ontario has made it abundantly clear that it wishes to negotiate for the purchase of new CANDU reactors but is unable to do so because of this process. Firm export opportunities are under threat as a result of the uncertainty, as well as a number of opportunities where CANDU would have a good chance of being selected if the uncertainty did not exist.

"The ongoing uncertainty is a real challenge to the industry and the Government should act swiftly to resolve the situation," said Dr Alexander "if there is still a process with compliant bidders it must be advanced and if not, some mechanism must be found to allow CANDU negotiations to take place with potential customers such as the Province of Ontario."

About OCI

The Organization of CANDU Industries (OCI) represents more than 160 Canadian companies supplying goods & services for CANDU reactors in domestic & export markets.

SOURCE Organization of CANDU Industries

For further information:

Contact: Marina Oeyangen,

Email: Marina.Oeyangen@oci-aic.org

Phone: (905) 839 0073

Profil de l'entreprise

Organization of CANDU Industries

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