Natural Resources committee  Would you like the floor?

Natural Resources committee  Thank you. Good morning, Mr. Chair and members of the committee. It's my pleasure to appear here this morning on behalf of Cameco Corporation. My name is Dale Austin. I am Cameco's manager of government relations. In my remarks this morning, I'd like to provide a brief overview

Natural Resources committee  Thank you very much for the question. Yes, I would say that we are inspired by those four principles. They align very closely with the principles of how we operate, including safety, workforce development, community engagement, and respect for the environment. We are members of

Natural Resources committee  As Mr. Beaty said in his remarks, we believe there is not that much wrong in the mining sector in Canada. In many ways, we have a long-standing, good relationship with our indigenous communities on environmental approaches. We believe that, as the current government has stated, e

Natural Resources committee  That's an interesting question. I would say that we are as competitive as we can be, given the circumstances. Commodity prices in our industry have taken a toll on our ability to explore and look at new contracting opportunities. All of that is to say that it has focused our ne

Natural Resources committee  Certainly. We believe the regulatory system in Canada is one of the strongest in the world. It provides certainty for citizens and for companies that the process will be based on scientific evidence. What we are seeing not only in our sector, but also in other sectors of the eco

Natural Resources committee  With respect to the environmental assessment review, Cameco is part of the Canadian Nuclear Association as well as the Mining Association of Canada. We have direct representation on the multi-interest advisory committee, which is providing advice to the expert panel on the EA rev

Natural Resources committee  Fair enough. People come to us sometimes and ask how we do this, what's the magic sauce or the silver bullet? We say to governments and other companies that there isn't one. It's long-term relationship building and a level of trust with the communities in which we operate. We b

Natural Resources committee  In terms of the uranium market, we certainly believe that we are in an environment of a lower price for a longer period of time. We certainly had expected the price to rebound by now, but certain global conditions are making that challenging. There is a glut in the global supply

Natural Resources committee  Certainly. Cameco this year was again named Canada's most sustainable company by Corporate Knights. We're very proud of that designation. We spend a lot of time and effort on sustainable development, both in terms of environmental assessments and in terms of environmental monit

Natural Resources committee  The most effective way for our company would be for the government to be in a position to approve projects where they have the support of local communities and the business makes sense. From our point of view, as I said, the mining sector in Canada is a very strong sector. We do

Natural Resources committee  Thank you for the question. It would certainly have an impact. It would drive up some of our costs. One of the things about the uranium mining industry in northern Saskatchewan is that we are a very low carbon emitter. A recent study from the University of Saskatchewan, which I

Natural Resources committee  It's about 2.5 billion tonnes of carbon annually. Let me just refer to my notes.

Natural Resources committee  There are a couple of things in answer to that. We believe a carbon tax is the most efficient way, provided that you are looking at it in concert with other regulatory impacts. A carbon tax with other regulatory impacts may have some inefficiencies. Yes, we believe that a carbon

Natural Resources committee  Thank you, Mr. Chair. It is my pleasure to be here today, to appear before the committee on behalf of Cameco once again, as your study examines the important role of the Canadian nuclear sector and the role it plays in our economy through trade, manufacturing and processing, and