Organization of CANDU Industries urges focus on global opportunities for Canadian nuclear industry

    Keeping intellectual property and high quality jobs in Canada is critical
    to future economy

    TORONTO, Feb. 4 /CNW/ - Organization of CANDU Industries (OCI) president
Dr. Neil Alexander is urging decision-makers to adopt a long-term perspective
on Canada's global nuclear opportunities.
    "The nuclear industry is experiencing a growth in demand that will
generate trillions of dollars of investment in new nuclear plants around the
world," said Dr. Alexander. "It's a once-in-a-generation opportunity for
Canada to forge its place in the burgeoning global nuclear industry."
    Dr. Alexander says that Canada's nuclear industry can help build a
foundation for a new knowledge economy that will also create jobs within
Canada's beleaguered manufacturing base.
    "Canadian companies have the opportunity to become leading suppliers in
the global nuclear renaissance, creating tens of thousands of jobs and
billions of dollars of GDP," he said. "We need to retain the intellectual
property built up over the past 60 years so Canada can provide high-quality
jobs for young people and new opportunities for equipment designers,
technicians, fabricators and other trades people."
    While some jobs will come directly from the construction of a nuclear
reactor and the ongoing support of its operation, Dr. Alexander pointed out
that this is just the beginning.
    "The real prize is the export market for OCI member companies who supply
the high-precision parts and skilled services vital to a nuclear plant's
operation," said Dr. Alexander. "With an estimated 200 or more nuclear
reactors planned to be built around the world in the next 20 years, it's
extremely important for Canada to maintain its design capability and qualified
supply chain to reap the benefits of this growing industry."

    About OCI

    The Organization of CANDU Industries (OCI) represents 122 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 participates in design, manufacture,
construction & commissioning of CANDU plants.

For further information:

For further information: Josh Turner, (416) 322-3030 ext. 232, Cell:
(647) 828-0862,

Organization Profile

Organization of Canadian Nuclear Industries (OCI)

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