Not to worry about government support. If Jim Flaherty can bail out our banks to the tune of 200 billion dollars, in exchange for 125 billion in "rotten paper", he'll do anything if it means sticking it to taxpayers again.
It remains uncertain whether the would-be buyers are willing to pay a price that Ottawa would find acceptable, including the assumption of AECL’s liabilities. And the announcement from New Brunswick undermines confidence in the company, although AECL’s call for private financing of new reactors had made it a long shot.
“I get the impression there’s not a heck of a lot of interest” in buying control of AECL, said Bryne Purchase, a former deputy minister of energy in Ontario and now a professor of energy policy at Queen’s University.
He added that any buyer would be unlikely to assume AECL’s liabilities, and might demand additional guarantees from Ottawa to support the company in the international marketplace.
Wonder if we've got anymore of the Queen's stuff laying around they can pawn. We may need it.