Thank you very much, Mr. Chair.
Mr. Cullen, a couple of things are important for us. It would be wrong for people to think that the entire investment made by the Government of Canada over the several decades would have to come back in response to a bid of restructuring.
As you've seen, we're a $6.6-billion industry. We put taxes to a total of $1.5 billion per year into the federal and provincial coffers. As a result, it's fair to say that the industry is already, through their 30,000 jobs, putting a pretty good return into the economy. So firstly, that's a concern I want to make clear to the committee: there is value already.
Secondly, and quickly, I think Mr. Schneider made the case for why it's a critical element for the Government of Canada to ensure that AECL is available to pick up the work that is looming ahead for the nuclear industry worldwide. He's not wrong to say that there will be a requirement to renew some of the existing reactors, but the strategy, certainly for us at Bruce Power—I now work at Bruce Power—has been to refurbish existing reactors to extend their lives so that we can continue to generate.
Also, as you heard from Mr. Grandey, there is the same sort of strategy to renew the machines in several other countries. That work is there and it would help create more jobs for Canadians and in fact provide AECL with a platform for doing more commercial work internationally.