Atomic Energy of Canada Limited has signed a multimillion-dollar contract with Tokyo Electric Power Company, the Canadian government-owned corporation's first contract in Japan. The Canadian energy company announced the deal Tuesday, but did not reveal specific financial details of the agreement. AECL said the first pump seal was installed ...

The Canadian government on Thursday moved to get out of the nuclear energy business, inviting bids for its commercial reactor division amid heady global demand for atomic energy. "Nuclear energy is an emission-free source of power that is experiencing a renaissance around the world," said Natural Resources Minister Lisa Raitt in a statement. Atomic Energy of Canada Limited (AECL)'s ...

Canada may divide its nuclear agency into two units in a bid to resolve the global shortage of medical isotopes, which are used for medical imaging to diagnose cancer and heart disease, Canada's natural resources minister said Friday. Lisa Raitt said the government would likely separate state-owned Atomic Energy of Canada Ltd. into a research division that includes the ...

OTTAWA (Reuters) - Atomic Energy of Canada Ltd has hit more problems with an aging nuclear reactor that produces a third of the world's medical isotope supply and now says it will not be working again until early 2010, months later than initially estimated. The announcement -- made after markets closed on Wednesday -- prompted an angry reaction from the Canadian government ...