Budget 2024

Tax and spend fiscal plan will inhibit growth

Tim Gitzel and Mike Rencheck believe that clean, safe and secure Canadian-made nuclear energy can both bring about long-term stability and help Canada achieve its net-zero targets. They shared their perspectives in a press release announcing the extension of Cameco and Bruce Power’s nuclear fuel supply deal until 2040.  

“It’s always a good day when we celebrate a made-in-Canada success story. As we witness increasing global geopolitical uncertainty and the subsequent instability in the global energy market, this extension shows the importance of securing Canada’s energy needs through Canadian partnerships.”

Tim Gitzel, President and CEO, Cameco Corporation

“Ontario’s nuclear industry continues to be a world leader in the fight against climate change, while supporting tens of thousands of jobs and injecting billions of dollars into the Canadian economy.”

Mike Rencheck, President and CEO, Bruce Power