If the government-owned nuclear power developer loses the multibillion-dollar contract to either Areva SA of France or U.S.-based Westinghouse Electric Co., the federal government will blame the province of Ontario for the demise of the nuclear agency, the newspaper said today.
The result of the competition for the Ontario contract will be a critical factor in the federal government's decision on whether to sell the company or provide it with more funds to be globally competitive, the Globe said.
(Source: Bloomberg)
1 comment:
Canada is having trouble running state owned corporations in this day and age. I'm amazed at other nations like China who are able to have successful globally competitive state owned corps.
--aa2
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