Ontario Suspends Nuclear Procurement – To Costly

Queen’s Park — The Government of Ontario today announced that it has suspended the competitive RFP to procure two replacement nuclear reactors planned for the Darlington site.

“Emission-free nuclear power remains a crucial aspect of Ontario’s supply mix,” Smitherman said. “Unfortunately, the competitive bidding process has not provided Ontario with a suitable option at this time,” he added.

Was it our loud chants of “NO NUKES” that finally got to George? I think it was more likey the jaw-dropping prices of the bids!

The press, auditors and general public have been telling George that the real price for new Nukes would run a lot closer to $26 BILLION dollars, than what George was counting on.

The issue has certainly ground to a stop, but it’s not over. Should the federal government throw billions of dollars into the sinkhole called Atomic Energy of Canada Limited (AECL), the RFP may rise once more…. with only a single applicant. Just how good a deal would that be for the people of Ontario and the rest of Canada…

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