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2005 Annual Report to Parliament - Crown Corporations and Other Corporate Interests of Canada

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Natural Resources

Atomic Energy of Canada Limited

Appropriate Minister
The Honourable John McCallum, 
P.C., M.P.
Acting Minister of Natural Resources

Chairperson
J. Raymond Frenette

President and Chief Executive Officer
Robert G. Van Adel

Head Office
2251 Speakman Drive
Mississauga ON
L5K 1B2
Telephone: (905) 823-9040
Toll free: 1-866-886-2325
Facsimile: (905) 823-6120
Web site: www.aecl.ca

Auditors

Auditor General of Canada
Ernst & Young LLP

Incorporation and Status

1952 under Part I of the Canada Corporations Act; continued July 8, 1977, under a certificate, amended July 5, 1982, under the Canada Business Corporations Act; Schedule III, Part I of the Financial Administration Act; an agent of Her Majesty.

Mandate

Sustain and enhance nuclear technology to safely and securely support Canada's nuclear energy supply; manage nuclear wastes and legacy liabilities; and maximize return on investment in nuclear technology by supplying innovative products and services.

Corporate Profile

Atomic Energy of Canada Limited (AECL) is an integrated nuclear technology company providing services to nuclear utilities worldwide. AECL's commercial operations include reactor development, design, engineering, special equipment, manufacturing, project management and construction of CANada Deuterium Uranium (CANDU®) power plants, and provision of reactor services and technical support to operating CANDU reactors. AECL also operates nuclear laboratories and performs research, produces isotopes used in nuclear medicine and other applications, stores and manages nuclear wastes and decommissions nuclear facilities.

Cape Breton Development Corporation

Appropriate Minister
The Honourable John McCallum, 
P.C., M.P.
Acting Minister of Natural Resources

Chairperson
Gordon M. MacInnis

President and Chief Executive Officer
Merrill D. Buchanan

Head Office
2920 Hinchey Avenue
New Waterford NS
B1H 2M4
Telephone: (902) 842-2600
Facsimile: (902) 842-2589

Auditor

Auditor General of Canada

Incorporation and Status

1967 by the Cape Breton Development Corporation Act, (R.S.C. 1985, c. C-25); Schedule III, Part I of the Financial Administration Act; an agent of Her Majesty.

Mandate

To administer and fund the closure of the mining operations and related workforce reduction programs.

Corporate Profile

The Cape Breton Development Corporation (Devco) was formed by an Act of Parliament in 1967 and is wholly owned by the Government of Canada. The Corporation, which is located on Cape Breton Island, Nova Scotia, closed its last remaining coal mine in the fall of 2001. Also, at that time, a sale of surface assets including the pier, railway and other associated assets was concluded. The residual activities of the Corporation involve addressing significant obligations for benefits to former employees and for environmental remediation as well as the disposal of remaining assets.

 

 
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