Natural Resources committee  We certainly have an ongoing cost that is hundreds of thousands of dollars per day to continue our work. It's certainly an expensive project by any measure in terms of what it costs us to keep it going.

Natural Resources committee  Very clearly, our belief is that we are going to apply the lessons. They've been very expensive lessons, but they're lessons nonetheless. Lessons were learned during the first wave of the life extension project to become substantially more efficient and to deliver the projects on

Natural Resources committee  Well, this project is indeed one that I believe is caught up in the restructuring process.

Natural Resources committee  I think there's certainly that dimension, and I believe the Government of Canada has taken a pretty clear picture. They do not wish to negotiate a multi-year agreement on behalf of a future shareholder. And equally they have...the minister's comments, I think, indicated that mate

Natural Resources committee  The number of employees at AECL is not going to be determined by who acquires the division but by the success we achieve in the marketplace in the future. So we clearly need to secure major new projects for life extension, we need to secure new-built reactor projects around the w

Natural Resources committee  As was said earlier when the minister was presenting, we do not have a new-build reactor order at this point. The last reactors we delivered, two projects in the last decade, were Cernavoda 2 in Romania and Qinshan 1 and 2 in China. Both of those projects were very successful. We

Natural Resources committee  Plan A is certainly where I'd prefer to stay, which is that the NRU has proven to be an extremely flexible and powerful machine.

Natural Resources committee  It has performed admirably into its sixth decade. We all know it will come to an end at some point. But at this point in time, we are clearly doing everything we can to ensure that the NRU is as reliable as possible through to 2016. We will see. What goes beyond that will be th

Natural Resources committee  It depends on how you do the math, to some degree. I'll talk in broad strokes, and perhaps I'll ask Kent to comment. In general, when the minister gave the figure of $830 million--

Natural Resources committee  --that essentially represents the variance from the planned profit that we were expecting to achieve on those projects.

Natural Resources committee  That's correct. It's in fact the variance from what we had expected. We do not sign contracts with the intention of losing money.

Natural Resources committee  In totality, those three projects in rough terms were expected to generate about $2 billion in revenue and were expected to make several hundred million dollars in profit. As it turns out, we're going to be about $800 million off that target.

Natural Resources committee  Well, it has required substantial interactions and discussions: government officials, diplomatic channels, as well as AECL directly to NASA. My piece of this puzzle is to try our best to keep that project as alive as we possibly can while the restructuring occurs, and then be i

Natural Resources committee  I don't believe that's a matter I should comment on publicly. We have a number of complex technical, commercial, and legal matters that are in discussion between our companies, and I think to comment on that would be hurtful to the process. We are engaged in good, constructive

Natural Resources committee  Thank you for the question. I do want to make sure that it is fully understood--some of the changes that occurred in the contracting process and some of the learning that was applied in negotiating the G2 contract with Hydro-Québec. It is indeed a fundamentally different contrac