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Finance committee  The possibility of selling 100% is part of the provisions in the bill. The question of who would be the potential beneficiary of the sale is part of the cabinet decision to be taken in due time, based on the information that will be provided at the time.

May 4th, 2010Committee meeting

Cécile Cléroux

Finance committee  It is premature to determine the outcome of the process that is under way. This is part of the cabinet decision to be made when we'll be examining the binding offers that will be forthcoming.

May 4th, 2010Committee meeting

Cécile Cléroux

Finance committee  The decisions that will be made will be based on the objectives that have been made public, and definitely the jobs and the question of the intellectual property are part of the elements that investors are currently asked to take into account when they make the proposals that will be forthcoming.

May 4th, 2010Committee meeting

Cécile Cléroux

Finance committee  There are financial consultants currently helping us regarding the process initiated in December 2009. They are helping us carry out the privatization operations in order to get offers on the part of Atomic Energy of Canada Limited that relates to the CANDU reactors. Only the commercial part of the Crown corporation is regarded as being privatized.

May 4th, 2010Committee meeting

Cécile Cléroux

Finance committee  We can provide the answer that the decision of government was made public in December 2009 to proceed with the divestiture of part of AECL, and that decision includes being able to provide certainty to investors and remove the long-term uncertainty to employees. That's why we're proceeding so swiftly.

May 4th, 2010Committee meeting

Cécile Cléroux