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The two companies extended their exclusive fuel supply arrangement for an additional 10 years to help ensure the Bruce site continues to provide low-cost electricity to families and business through 2064.<\/p><\/div>\n
\u201cEach year through to 2064, Bruce Power will create and sustain 22,000 direct and indirect jobs and generate $4 billion in economic benefit in Ontario through direct and indirect spending on operational equipment, supplies, materials and labour. That\u2019s a huge contribution that will be felt by thousands in Northumberland-Quinte West and across the province,\u201d he said.<\/p>\n
Kim Rudd, Parliamentary Secretary to Canada\u2019s Minister of Natural Resources and MP for Northumberland-Peterborough South, recognized the positive economic impact of the partnership.<\/p>\n
\u201cThis agreement between Bruce Power and Cameco will continue to bring major long-term economic benefits to the Northumberland region,\u201d she said. \u201cI applaud both of these organizations on their ongoing success as they continue to produce clean, greenhouse gas emissions-free electricity in Canada.\u201d<\/p>\n
Minister of Energy Glenn Thibeault emphasized the Ontario government\u2019s commitment to the essential role nuclear power plays in the province\u2019s electricity supply mix. \u201cThe refurbishment project at Bruce Power is a significant driver of our province\u2019s economy,\u201d said Minister Thibeault. \u201cOur investments in nuclear generation will continue to help deliver clean and reliable electricity to all Ontario families and businesses.\u201d \u200e<\/p>\n
These arrangements are subject to the negotiation and signing of definitive agreements.<\/p>\n","protected":false},"excerpt":{"rendered":"