Nuclear Renaissance Possible in Canada; Hurdles Remain: C.D. Howe Institute

    TORONTO, June 9 /CNW/ - Nuclear energy has an important role to play in
Canada's electricity generation mix, based on cost and environmental grounds.
Several hurdles remain to be cleared, however, according to a study released
today by the C.D. Howe Institute. In Canada's Nuclear Crossroads: Steps to a
Viable Nuclear Energy Industry, authors Bruce Doern and Robert Morrison
examine three key policy questions facing the nuclear industry - cost,
privatization of Atomic Energy of Canada Limited (AECL), and regulation. They
recommend steps to building a viable nuclear industry in Canada.
    The authors conclude that nuclear power appears cost competitive with
fossil fuels, once the cost of greenhouse gas emissions associated with the
full production cycle are accounted for. They also recommend that AECL, a
crown corporation, be partially privatized to bring stable funding, new
international partnerships, and market capacity and discipline. As well,
Ottawa should review the array of nuclear regulatory regimes with respect to
different nuclear risks, say the authors.
    The future of nuclear power in Canada is positive, say Doern and
Morrison, if policymakers are prepared to make hard choices on these key

    For the study click here.

For further information:

For further information: Bruce Doern, Professor, Carleton University,
Cell: (647) 289-8865; Robert Morrison, Former Director General of Uranium and
Nuclear Energy, Natural Resources Canada, Phone: (613) 728-8429; Benjamin
Dachis, Policy Analyst, C.D. Howe Institute, Phone: (416) 865-1904, E-Mail:

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