Business View Magazine - Dec 2023

Globally, greenhouse gas emissions are a hot topic, and at this point, they have compelled virtually every country to set emission targets to combat the ongoing effects of climate change. Gradual increases in carbon taxation are becoming a huge expense for both consumers and companies, so the question is now how to effectively tackle the issue of energy generation on a country-wide scale. Currently, PCL has firmly established itself in the nuclear space for one overarching reason: to help accelerate Canada’s transition into more efficient energy alternatives. Since the company has been in business for over a century, it has actually played a key role in building the foundations for multiple energy transitions. “We were part of developing or building all the coal plants, and then natural gas came along, and we built that transition over to natural gas as well,” says Chief Nuclear Officer Louie Shoukas. Peter Tawfik, Manager 96 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 12