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Natural Resources committee  Perhaps I could clarify one point for the honourable member in his prior question.

December 4th, 2012Committee meeting

Serge Dupont

Natural Resources committee  Not in the current flows of ins and outs that you would have in supplementary estimates (B), or indeed in the main estimates.

December 4th, 2012Committee meeting

Serge Dupont

Natural Resources committee  If I may, sir, just to clarify, of the original funding in the clean energy fund—so I apologize for that—$205 million of the original $1-billion clean energy fund was transferred subsequently for the home retrofit program. That was in the earlier phase of the home retrofit program.

December 4th, 2012Committee meeting

Serge Dupont

Natural Resources committee  Mr. Chair, that would have been quite before my time. I'm afraid I just don't have those facts at my disposal.

December 4th, 2012Committee meeting

Serge Dupont

Natural Resources committee  Not right now. I'd be happy to undertake to give you an answer, but I just don't have that with me right now.

December 4th, 2012Committee meeting

Serge Dupont

Natural Resources committee  For the refitting of...?

December 4th, 2012Committee meeting

Serge Dupont

Natural Resources committee  I'll take 15 seconds. I just wanted to indicate that the $77 million is for Atomic Energy of Canada Limited, the crown corporation, which is now the nuclear laboratories. It is not a subsidy to a commercial enterprise.

December 4th, 2012Committee meeting

Serge Dupont

Natural Resources committee  I'm afraid I don't have those numbers with me at the present time, so I will have to get back to the member. I apologize for that.

December 4th, 2012Committee meeting

Serge Dupont

Natural Resources committee  That's a different envelope altogether, sir. The clean energy fund was intended for other purposes. It was intended to fund research and development, to fund some demonstration programs, and to fund some carbon capture and storage demonstrations.

December 4th, 2012Committee meeting

Serge Dupont

Natural Resources committee  Can I just clarifying something?

December 4th, 2012Committee meeting

Serge Dupont

Natural Resources committee  I don't know whether any of my colleagues would know that date. The transaction was negotiated by AECL, on the condition that it could be transferred over to Candu Energy.

December 4th, 2012Committee meeting

Serge Dupont

Natural Resources committee  I would like to confirm with you in writing, but if memory serves, it was in the range of $450 million.

December 4th, 2012Committee meeting

Serge Dupont

Natural Resources committee  The actual sale amount was $15 million, Mr. Chair—

December 4th, 2012Committee meeting

Serge Dupont

Natural Resources committee  —with as well some royalties for future sales of reactors from Candu Energy, and also some royalties from some of the refurbishment work that they would be willing and able, of course, to carry out.

December 4th, 2012Committee meeting

Serge Dupont

Natural Resources committee  The value of the assets—I mean, the books of AECL at the time—I don't have those numbers in front of me. It would have been very difficult to ascribe a value to the assets. The books at the time actually had AECL in a deficit position, given overall the kinds of liabilities that had been accumulated over time.

December 4th, 2012Committee meeting

Serge Dupont