Natural Resources Canada

Natural Resources Canada

October 19, 2009 17:08 ET

Natural Resources Canada: Statement by the Honourable Lisa Raitt, P.C., M.P. Minister of Natural Resources-Rothschild Report on AECL Restructuring

OTTAWA, ONTARIO--(Marketwire - Oct. 19, 2009) - The Government of Canada has received and begun to review a financial analysis report from N.M. Rothschild and Sons Limited on the restructuring of Atomic Energy of Canada Limited (AECL).

The restructuring of AECL is part of an effort to strengthen Canada's nuclear industry to better position it to build on Canadian technology and access opportunities at home and abroad. The financial analysis and advice contained in this report will be key in informing the next steps in the AECL restructuring process.

No decision has been made at this time as to the specific form the restructuring will take and we continue to listen to the views of nuclear stakeholders as we develop a plan to move forward. The report will not be made public due to commercial confidentiality considerations.

Our commitment to move forward with the restructuring of AECL remains very much at the heart of our nuclear agenda.

NRCan's news releases and backgrounders are available at www.nrcan.gc.ca/media.

Contact Information

  • Natural Resources Canada, Ottawa
    Office of the Minister
    Jocelyne Turner
    Press Secretary
    613-996-2007
    or
    Natural Resources Canada, Ottawa
    Media Relations
    613-992-4447