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Posted AT 4:06 AM EST on 11/08/08

AECL's future hinges on Ontario deal, sources say

From Monday's Globe and Mail

OTTAWA — Atomic Energy of Canada Ltd. is fighting for its survival, as industry supporters say the federal government is preparing to pull the plug on the heavily subsidized Crown corporation if it loses a bid to build two nuclear reactors in Ontario. If the nuclear agency loses the multi-billion-dollar contract to one of two global players, Ottawa would blame the McGuinty government for the nuclear agency's demise, according to sources.

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