Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Canada to Seek Bids to Operate AECL Medical Isotope Labs

Don't Miss Out —
Follow us on:

Feb. 28 (Bloomberg) -- Canada will seek bids from private companies to operate Atomic Energy of Canada Ltd.’s nuclear laboratories, Natural Resources Minister Joe Oliver said.

The federal government plans to restructure the management and operation of the laboratories to adopt a model under which the government will own the facilities and a private contractor will run them, Oliver said in a statement released today. The labs, located in Chalk River, Ont., produce medical isotopes that help to treat diseases such as cancer.

A reactor at the labs supplies isotopes to companies such as Nordion Inc. of Ottawa. The government shut down the reactor for repairs in 2009 for more than a year.

Canada sold AECL’s CANDU reactor division in 2011 to SNC-Lavalin Group Inc., a Montreal-based construction and engineering company based in Montreal. The government is assessing whether to invest in “longer-term nuclear innovation,” according to the statement.

To contact the reporter on this story: Andrew Mayeda in Ottawa at amayeda@bloomberg.net

To contact the editor responsible for this story: David Scanlan at dscanlan@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.