Skip to main content

The Globe and Mail

Canada and India take next step in nuclear deal that would see uranium shipped

Canadian Prime Minister Stephen Harper listens to Indian Prime Minister Manmohan Singh during a joint news conference after the G20 summit in Toronto in June, 2010.

Adrian Wyld/The Canadian Press

Canada and India have taken the next step towards full implementation of a nuclear co-operation agreement.

The Canadian Nuclear Safety Commission and India's Department of Atomic Energy have finalized an arrangement that is to allow Canadian companies to export nuclear items to India for peaceful uses.

The announcement made at Cameco Corp. in Saskatoon comes after Prime Minister Stephen Harper and his Indian counterpart, Manmohan Singh, sealed a nuclear deal last November.

Story continues below advertisement

A nuclear co-operation agreement had been signed more than two years ago, but its implementation stalled over the details.

Canada wanted more oversight over where the products wound up.

The agreement ensures Canadian exports only go to facilities in India under International Atomic Energy Agency safeguards.

India has announced plans to build 12 new reactors by 2021, so the Asian country's demand for uranium yellowcake is expected to triple to about $650 million in annual purchases.

All of the Canadian uranium to be exported to India is produced in Saskatchewan, the world's second-leading producer of uranium behind Kazakhstan.

Report an error Licensing Options
Comments

The Globe invites you to share your views. Please stay on topic and be respectful to everyone. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.

We’ve made some technical updates to our commenting software. If you are experiencing any issues posting comments, simply log out and log back in.

Discussion loading… ✨

Combined Shape Created with Sketch.

Globe Newsletters

Get a summary of news of the day

Combined Shape Created with Sketch.

Thank you!

You are now subscribed to the newsletter at

You can unsubscribe from this newsletter or Globe promotions at any time by clicking the link at the bottom of the newsletter, or by emailing us at privacy@globeandmail.com.