Canada hopes to expand AECL

05/28/2009 | Google

Canada says it plans to allow for restructuring of Atomic Energy of Canada so it can expand. The government hopes to sell a stake in the company in order to profit off of the growing popularity of nuclear power. "Success in the nuclear industry today requires scale, financial strength and access to growing markets," said a report from the Canadian government. "Compared to its competitors, AECL is undersized and undercapitalized."

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