June 28, 2011

A good deal for federal taxpayers, but who will protect Ontario’s consumers and taxpayers?

It appears that engineering giant SNC Lavalin is about to take Atomic Energy of Canada (AECL) off the federal government’s hands. We applaud this sale. But the billion dollar question is: will the deal truly end the siphoning of $$ from taxpayers’ pockets that has been a hallmark of AECL’s operations for decades?

At a time when nuclear investments are riskier than ever and interest in nuclear energy around the world has all but collapsed in the wake of the ongoing Japanese crisis, how will SNC Lavalin keep AECL in business without government bailouts? Or will the Ontario government once again backstop the building of reactors in this province with taxpayer money, as they have with every nuclear project in Ontario’s history?

With both the Ontario Liberals and Conservatives supporting new nuclear spending, this is a great time to insist that the real costs of going nuclear be made crystal clear with no more hidden subsidies and costly bailouts.

Please click here to send a letter to Premier Dalton McGuinty and Conservative Leader Tim Hudak and ask them for assurances that SNC Lavalin – or any other nuclear provider – not be allowed to pass its cost overruns onto taxpayers and ratepayers. It’s your money – make your voice heard now before new nuclear contracts are signed.

Thank you for contributing to Ontario energy policy!

Angela Bischoff, Outreach Director
Ontario Clean Air Alliance

160 John Street, Suite 300, Toronto, Ont. M5V 2E5
Phone 416-260-2080 ext. 1

Clean Air Alliance
Ontario’s Green Future
No Nukes News
Health Power

P.S.  We encourage you to write a Letter to the Editor of your local newspaper about this. The province is planning to invest billions in new nuclear projects. The time to speak up is now!