Thursday, March 31, 2011

The Union View of the AECL Demise


There’s considerable irony in the NRU saga, according to the Society of Professional Engineers and Associates. The entire Maple project was hatched, union vice-president Michael Ivanco says, to settle a lawsuit stemming from the previous Tory government’s sale of part of AECL’s isotope business in the early 1990s. That privatization, of a division called Nordion, netted $165 million.
The failed Maple endeavour has cost far more, with the final price tag still to come because Nordion is suing Ottawa for $1.6 billion.

As you know, I don't really go with the Union View, but no comment.

1 comment:

Harold Asmis said...

ps. I have written something as knol, which I hope never gets to the greenies.