Friday, January 21, 2011

If Ontario is willing to pour money into Quebec, AECL can be saved


The federal government wants a firm commitment from Ontario to purchase new reactors from Atomic Energy of Canada Ltd. as part of Ottawa’s effort to sell the money-losing nuclear company to Montreal-based SNC-Lavalin Group.

This is one of my weirder stories.  I regularly take Cindy the Wonder Dog to this wonderful old couple in the neighbourhood.  There, she does her cute thing, and tail wagging, and delights the lady, who has medical troubles.  The old guy is an engineer, who has worked everywhere, but started in Quebec.

When we were talking about the current AECL developments, he was saying how Quebec used to be full of Anglo engineering companies.  But all the local employees of these companies were nationalists and really worked for the local clients.  They worked side deals, and suddenly all of them became independents and worked for Hydro Quebec.  HQ finally finally finished off every one of these anglo companies by using SNCL as the sole hiring agent for James Bay, while giving them a huge markup for doing essentially nothing.

Who knows if this is accurate?  (I certainly believe it), but the results speak for themselves.  Quebec companies absorb all the anglo losers, who may be losers because of a lack of federal and Q business. Look at the aircraft business!  And I have knowledge of other anglo businesses in Q, who's local employees do not appear to work for them.  :)

Well, I'm sure that there are lots of people who think this big black hole is just fine.  And to protect myself, I'll say It's Absolutely Peachy!  SNCL thinks this is in the bag because they are bidding on nuclear projects partnered with an Italian company.  I'm sure they'll get along fine.  :)

1 comment:

Harold Asmis said...

Ricky G. explanation: The humour is in the title. O and Q have been at total war in the electricity business, and their proxies Ont. Hydro, and HydroQ have been in the fight as long as I've been in the business. We never talked, and OH got all its subsidies from ON, and HQ got all its manna from the feds. To have OH-nuc fold into the arms of MamaQ is too much! Well, they better start translating their documents into French! :)