Cyberwanderer’s Blog

December 17, 2009

Selling CANDU – Stupid or Corruption

Filed under: Canada,Politics,Technology — cyberwanderer @ 1:54 pm
Tags: , , , , ,

Government announcement that the most profitable section of AECL will be sold to private firm is deja vu all over again. They are either stupid or corrupt in helping the private firm. This is like the Mulroney medical isotope fiasco all over again. Mulroney gave a lopsided contract award to MDS Nordion to profit from medical isotope produced by AECL. AECL aside from having to provide the capital and produce the isotope end up gaining nothing which lead to the current medical isotope crisis. Now the only profitable section of AECL will be sold off again to a private firm at a time of nuclear renaissance where China have been in talk with AECL to work on CANDU that uses Thorium, something China have more of than Uranium. But guess where the profit from China’s tens of new reactor will go to once CANDU have been privatized. To the lucky private firm Harper decide to award the sale to of course.

Are they really this short sighted and stupid or simply corrupt? One excuse being used was it will save the taxpayer money. That’s full of stinky S__T! The isotope and research division of AECL still have to be shouldered by taxpayer. But now the profitable division is taken away which means they’ll be solely relying on taxpayers money now with no possible source of income.

Thanks Harper for giving CANDU to a private firm. Worse than Mulroney who gave medical isotope profit to MDS Nordion and the privatization of Petro Canada. As the nuclear power sale is set to skyrocket and enormous profit to be made due to pressure on government worldwide to cut pollutant and greenhouse emission. We then rush to sale a promising technology to a private firm. China already have CANDU (built on time and on budget) and with their joint research with AECL, it won’t be surprising if they chose CANDU for the bulk of their new Nuclear plant. I find it hard to believe that Harper can’t see something that is already at work. China have signed agreement with AECL. Are they really stupid or just corrupt?

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1 Comment »

  1. This is an aside. It isn’t difficult to understand why the Harper Government wants to sell off the CBC to private broadcasters. This country will be in a sorry mess if CBC is sold. We will not ever get unbiased reports again. Please protest this attempt to let CBC go.

    Comment by Anon — March 6, 2010 @ 1:53 pm | Reply


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