AECL cites US/French ECA subsidies in plea for Ontario nuclear deal

(Reuters, Ottawa, 7 August 2008) Atomic Energy of Canada Ltd. (AECL) and Canadian engineering giant SNC-Lavalin have requested billions of dollars in Canadian government subsidies for two Ontario nuclear power generators, citing competition from Westinghouse and Areva of the USA and France respectively, which they said had access to government-backed financing from export credit agencies.