National Post   April 15/2005  read more »

Financial Post January 14/2005
Atomic Energy of Canada Limited (AECL) has cost federal taxpayers an estimated $17-billion in failed attempts to develop commercially viable nuclear reactors. Even the sales that AECL has made have proven to be wildly unprofitable, going back a generation to its perplexing reactor sale to Argentina, when AECL agreed to price its contract in pesos. Today, the federal Crown corporation is poised to blow more billions.

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Refurbishing NB Power's troubled Point Lepreau nuclear power station will cost New Brunswickers $3,373 per household if the assurances issued last week by the former chairman of the now bankrupt nuclear company British Energy hold true. If Ontario's recent nuclear refurbishment experience is repeated, the cost could exceed $9,000 per household.

The "Point Lepreau Refurbishment Review" authored by Dr. Robin Jeffrey, contains serious information gaps and analytical errors.  read more »

On Dec. 23, 2003, the new Ontario Liberal government appointed James Hankinson to the board of Ontario Power Generation. Mr. Hankison was the CEO of the provincial Crown corporation NB Power from 1996-2002.

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Letter to the Editor:

Before New Brunswick commits to a megaproject overhaul of the Point Lepreau nuclear reactor, take a look at the mess with AECL's MAPLE reactor projects and the commercial disaster happening with the Ontario government's Pickering A project.

AECL's MAPLE reactor projects are now over three years behind schedule due to major safety deficiencies and shoddy construction.  read more »