Budget 2024

Tax and spend fiscal plan will inhibit growth

At a time of global volatility for both supply chains and energy security, Tim Gitzel believes the nuclear sector can play a pivotal role in providing the safe, affordable and emissions-free electricity required to reach net zero. He shares this perspective in the announcement that Cameco and Brookfield Renewable Partners are forming a strategic partnership to acquire Westinghouse Electric Company, one of the world’s largest nuclear services businesses.

“Coupled with our more than 30-year proven track record of providing secure and reliable fuel supplies to a global customer base, this transaction fits perfectly within Cameco’s strategy and is expected to increase our ability to meet the growing needs of existing and new customers at a time when origin and security of supply is of significant concern.”

Tim Gitzel, President and CEO, Cameco