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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

May 4th, 2010Committee meeting

Cécile Cléroux

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  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 wil

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 bill provides for flexibilities to be able to consider the proposal, which will be binding, coming from investors in the coming months. These proposals, which will be examined by cabinet, include taking into account all of the interests of Canada: the question of energy secur

May 4th, 2010Committee meeting

Cécile Cléroux

Finance committee  The main assets of AECL are definitely the resources--the human resources, which are part of the...the part that is being considered to be sold, as well as the intellectual property, which has been developed over the last 50 years. So this is part of the elements that will be tak

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 com

May 4th, 2010Committee meeting

Cécile Cléroux

Finance committee  That's right.

May 4th, 2010Committee meeting

Cécile Cléroux

Finance committee  The tender process was initiated by our colleagues at Public Works and Government Services Canada. Under that process, a firm was selected. It is N M Rothschild & Sons Limited.

May 4th, 2010Committee meeting

Cécile Cléroux

Finance committee  Studies were done before the operation initiated in December 2009. That led to the decision announced in May 2009. When that decision was announced, a summary was also done of the analyses that had been done before. It can be accessed on the Natural Resources Canada Internet site

May 4th, 2010Committee meeting

Cécile Cléroux

Finance committee  That's right, because that is part of what potential investors are being asked to evaluate.

May 4th, 2010Committee meeting

Cécile Cléroux

Finance committee  That will depend on the offers to be considered and the decisions to be made by Cabinet when the time comes.

May 4th, 2010Committee meeting

Cécile Cléroux

Finance committee  The process was initiated in December 2009. A number of investors were solicited. The operation is underway. We are committed to ensuring that the process will happen quickly.

May 4th, 2010Committee meeting

Cécile Cléroux

Finance committee  That is part of what is currently being examined by potential purchasers. It is premature to determine what offers will be submitted to the government and what decision will be made when the time comes.

May 4th, 2010Committee meeting

Cécile Cléroux

Finance committee  The maintenance contracts and the contracts for extending the useful life of the reactors are part of the potential package that can be considered by investors.

May 4th, 2010Committee meeting

Cécile Cléroux