News Release - April 3, 2009
PUBLIC CONSULTATION TO FOLLOW RELEASE OF URANIUM DEVELOPMENT PARTNERSHIP REPORT
Enterprise and Innovation Minister Lyle Stewart and Crown Corporations Minister Ken Cheveldayoff today officially received and released the report of the Uranium Development Partnership (UDP) on the future of the uranium industry in the province.
The report, Capturing the Full Potential of the Uranium Value Chain in Saskatchewan, contains 20 recommendations on further development of Saskatchewan's uranium resources focused on further exploration and mining, power generation and research and development.
"I want to take this opportunity to thank Dr. Florizone and all members of the UDP for all their hard work and commitment to the people of Saskatchewan," Stewart said. "The UDP report has, for the first time in the province's history, put forward a thoughtful, measured and well-researched strategic plan to revitalize and expand Saskatchewan's uranium industry."
Led by Dr. Richard Florizone, a nuclear physicist and Vice President of Finance at the University of Saskatchewan, the UDP committee included strong representation from communities and organizations across Saskatchewan including the University of Regina, the University of Saskatchewan, the Saskatchewan Urban Municipalities Association, the Saskatchewan Association of Rural Municipalities, the Saskatchewan Chamber of Commerce, the International Brotherhood of Electrical Workers (IBEW) Local 2067, First Nations, the environmental community and representatives from Canada's nuclear industry.
In accepting the report, Minister Stewart said that international concern over climate change is driving world-wide interest in clean energy generation options creating a window of opportunity for Saskatchewan to pursue valued-added development of its uranium industry.
"The UDP has given the province a lot to think about," Stewart said. "The next step is to engage Saskatchewan citizens in a public consultation process that will facilitate thoughtful discussion and consideration about the 20 recommendations contained in the UDP Report."
"Our Province has benefited from its rich uranium resources for many years, and I am pleased to see the Uranium Development Partnership has concluded there are opportunities to add value to Saskatchewan's uranium," Cheveldayoff said. "I look forward to hearing what the Saskatchewan people have to say about the opportunities outlined in the report."
Stewart said the public consultation process will start immediately and will feature several elements including:
The UDP report calculates that acting on its high priority recommendations could increase in Saskatchewan's Gross Domestic Product by an estimated $50 billion to $55 billion and could create 6,500 construction and 5,500 long-term jobs.
"I can assure you that no decisions have been made," Stewart said. "The input received will be considered by the provincial government as part of the decision making process. As such, I encourage all citizens to get informed and get involved."
For more information, contact: