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Natural Resources committee As I mentioned earlier, that's one of the things that we will have to demonstrate in these next few months. I can speak for my own plant and obviously Pierre can answer his position, but we do want to do this review and reassure people. If you take our own situation at the Bruc
March 24th, 2011Committee meeting
Duncan Hawthorne
Natural Resources committee Again, I can't comment on that. I can tell you the Nuclear Safety and Control Act, subclause 46(3), was amended when I first came here, which was ten years ago, and we lobbied very much to have it changed, because we were the first private sector operator, and we had problems wit
March 24th, 2011Committee meeting
Duncan Hawthorne
Natural Resources committee Yes. As I said to you, one of the things that nuclear plants are very capable of doing is shutting down very quickly. We're talking here about seconds to actually take the reactor out of service. With the post-trip cooling, all of this backup cooling equipment is functioning very
March 24th, 2011Committee meeting
Duncan Hawthorne
Natural Resources committee Yes. There are very obvious differences in the plant designs. As I mentioned before, these reactors use enriched fuel, which we don't. We use natural uranium fuel. They have a scenario where the water actually boils within the vessel itself, so there it doesn't take a very long p
March 24th, 2011Committee meeting
Duncan Hawthorne
Natural Resources committee The reality is that it might, but I can't answer that. Everything we do is based on risk assessment. This quake that hit Japan is a one in 10,000 years quake. That was how it was determined. We can say okay, you've had one. The reality is that the plant withstood the earthquake.
March 24th, 2011Committee meeting
Duncan Hawthorne
Natural Resources committee As far as we're concerned, this thing has died on the order paper at least four times. If it was up to me, it would be $650 million now—
March 24th, 2011Committee meeting
Duncan Hawthorne
Natural Resources committee —and it would have been some time ago.
March 24th, 2011Committee meeting
Duncan Hawthorne
Natural Resources committee The number that was advocated was $650 million. We supported it.
March 24th, 2011Committee meeting
Duncan Hawthorne
Natural Resources committee Yes, related to the earthquake and tsunami damage, not the nuclear facility.
March 24th, 2011Committee meeting
Duncan Hawthorne
Natural Resources committee I'm not going to speculate on that. Actually the number in Japan is $309 billion. That is the damage to the economy. But none of that has been assigned to the nuclear plant.
March 24th, 2011Committee meeting
Duncan Hawthorne
Natural Resources committee I couldn't tell you what it was. I thought it was $1.2 billion.
March 24th, 2011Committee meeting
Duncan Hawthorne
Natural Resources committee That's through NEIL insurance, self-insured, yes. Europe's is two billion euros.
March 24th, 2011Committee meeting
Duncan Hawthorne
Natural Resources committee Yes, and ours would be $650 million.
March 24th, 2011Committee meeting
Duncan Hawthorne
Natural Resources committee It's borne by the Canadian people.
March 24th, 2011Committee meeting
Duncan Hawthorne
Natural Resources committee What my industry considers and what I personally consider is that if we wanted to have a conversation about whether $650 million is enough, it would be better to have it when $650 million was already the limit, and not $75 million. So I'd be happy to enter into the discussion. Bu
March 24th, 2011Committee meeting
Duncan Hawthorne