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Natural Resources committee  I think I alluded to some of the factors earlier. This is a jurisdiction that's somewhat immature with respect to nuclear. This is a new process for the licensing authority and there were some significant issues around that. Also, the localization of the nuclear level construction activities required significant work on behalf of the local constructors to develop it.

November 4th, 2009Committee meeting

Roger Alexander

Natural Resources committee  I think the safety of the existing nuclear facilities in Canada is well monitored and controlled on an existing basis. I don't think there's any danger of contamination to groundwater. I think agencies of the respective organizations such as Hydro-Québec would be in a better position to address any specific concerns you might have with respect to studies that have been made in the local area.

November 4th, 2009Committee meeting

Roger Alexander

Natural Resources committee  Yes, that's my understanding.

November 4th, 2009Committee meeting

Roger Alexander

November 4th, 2009Committee meeting

Roger Alexander

Natural Resources committee  Safety and security is the key area that differentiates the generation III+ reactors from the generation II reactors. So technology base aside, I think there's been a lot of progress. I sometimes like to use the analogy of being in a DC-3 aircraft designed and built many decades ago versus going into a modern aircraft that has all of the electronic suite in it.

November 4th, 2009Committee meeting

Roger Alexander

Natural Resources committee  I don't have the answer to that question. I know that transporting it is a significant part of the planning that they do there. Ken, I don't know if you understand the liability issues between countries, but I know that certainly the country of origin generally has to take back the vitrified waste and the constituents of the recycling process.

November 4th, 2009Committee meeting

Roger Alexander

Natural Resources committee  It depends on the jurisdiction. In some cases, we work very closely with a utility. For example, the week before last I visited our facility in Flamanville, France, where we're working closely in partnership with EDF. That facility will be turned on in 2012 and, based on their on-schedule and on-cost performance so far, I was very impressed, in terms of a personal sort of confidence in looking at it, that it will be on time for delivery there.

November 4th, 2009Committee meeting

Roger Alexander

Natural Resources committee  Yes, definitely.

November 4th, 2009Committee meeting

Roger Alexander

Natural Resources committee  It's definitely possible, and yes, typically there is a significant number of jobs. I think we have 5,000 people working at our La Hague facility.

November 4th, 2009Committee meeting

Roger Alexander

Natural Resources committee  It's clear that we have developments slated in future years in Nunavut and Quebec that are in the multi-billions of dollars. These are on the books. We've costed the developments for future development activities over the next 15 to 20 years and it's also clear that unless we retain ownership of those developments, we won't do them.

November 4th, 2009Committee meeting

Roger Alexander

Natural Resources committee  Yes, of course. I'm sorry.

November 4th, 2009Committee meeting

Roger Alexander

Natural Resources committee  That would be another one.

November 4th, 2009Committee meeting

Roger Alexander

Natural Resources committee  Part of it, I think, relates to the light water versus heavy water topic that has been discussed here. The predominant technology in the world is light water technology; that's what the licensors are standardizing on and what countries are standardizing on. In my remarks, I talked about the obvious consolidation in the industry over the last five or six years and about how multinational companies have formed joint ventures, just as AREVA was formed, to create a substantive size to be able to...in typical business terms, this is a huge barrier to entry.

November 4th, 2009Committee meeting

Roger Alexander

Natural Resources committee  That would be one argument.

November 4th, 2009Committee meeting

Roger Alexander

Natural Resources committee  Just to reiterate my previous comments, we at AREVA are doing fuel reprocessing. We think it's economically viable. We think it works in the jurisdictions we work in. Just my personal opinion as a Canadian is that if we asked the existing populace right now whether they want it or not, that's may not be the right approach.

November 4th, 2009Committee meeting

Roger Alexander