Bank's investment in Lepreau 2 'extremely remote at this point'

Christine Dobby
23 Aug 2010

Norm Rubin, the director of nuclear research at Energy Probe, said it's conceivable that banks were involved as "lenders or facilitators," in that project but said he does not think any were involved as direct investors.

 "Maybe CIBC will join the list of gutsy nuclear cowboys that used to
have money - I hope not, you know, we need banks in Canada," he said.

Telegraph-Journal

Lepreau delays force Quebec to postpone work on its nuclear reactor

Shawn Berry
17 Aug 2010

"I don't expect it to go ahead, but then I was surprised when New Brunswick decided to go ahead," Norm Rubin, director of nuclear research for Energy Probe, said. "I think the message is pretty clear: The next time you get a report from your own utilities board that says it's a loser to invest in something nuclear that has a track record that looks like the underside of a rock, the next time you get that advice, take it."

The Daily Gleaner