Cameco shut down starts this week
The final shift at Cameco’s Key Lake and McArthur River uranium operations is wrapping up, which will leave a total of 845 people out of work for an expected 10-month lay-off.
One shift packed their bags last week and the remaining half of the workforce will vacate the site by the weekend leaving only a care and maintenance crew.
While the lay-offs, announced in November, will leave many unsure of their future, the company has come up with a plan they hope will ensure those skilled workers are still around if and when the doors re-open late this year.
“We’re offering a supplemental unemployment benefit program for employees who will be receiving employment insurance,” Cameco spokesperson Carey Hyndman told paNOW. “The plan will top them up to 75 per cent of their wage.” Hyndman said they were offering the benefit in hopes the workforce would return once the current downturn in the uranium market eased. But she couldn’t say if the 10-month timeframe for closure could change.