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Natural Resources committee  Yes, we struggle very much with bringing any technology from other countries into Canada, either in a partnership arrangement or whatever, if they have a fear that there won't be the correct nuclear liability regime in place to protect them in the event of an incident.

November 16th, 2009Committee meeting

Michael Lees

Natural Resources committee  Yes, that's correct.

November 16th, 2009Committee meeting

Michael Lees

Natural Resources committee  Yes, it affects us. It makes the negotiation on any deal much more difficult because we have to deal with that issue on how we manage that risk. We have assets in the U.S. that would be vulnerable in any cross-border incident. For similar reasons, it also restricts us from doing

November 16th, 2009Committee meeting

Michael Lees

Natural Resources committee  Maybe I can take the first crack at that. First of all, in terms of what is a reasonable value, $650 million or some higher number, my understanding is that the $650 million exceeds what the current levels are in other countries. I am aware that other countries talk about unlimi

November 16th, 2009Committee meeting

Michael Lees

Natural Resources committee  Sure. First of all, thank you very much for the opportunity to appear in front of the committee. I look forward to providing some input on Bill C-20 from the perspective of a supplier of equipment and services to the global nuclear industry. What I'll do, in terms of the prese

November 16th, 2009Committee meeting

Michael Lees