Canadian government officials expect to complete negotiations by year-end with potential buyers of Atomic Energy of Canada Ltd., the national corporation that manages the country’s nuclear-energy research program, including its CANDU reactor technology. Controlling costs and positioning Canada’s nuclear industry to “seize domestic and global opportunities” are factors driving the sale, says a government spokesperson. Officials decline to disclose names of potential purchasers, but Montreal-based SNC-Lavalin confirms it is one of the bidders. A spokeswoman said a successful bid would allow the firm to expand its sector work from refurbishing facilities, but she declined to elaborate. Despite laudatory reviews, AECL
Despite a faltering international market, 2015 and the beginning of 2016 are proving to be strong years for U.S. contractors, with steady domestic growth and only moderate strain from workforce shortages.