China Wants Canadian Uranium
China has indicated that it is interested in importing Canadian uranium for use in its nuclear power generators. It has also suggested that it may consider purchasing more CANDU reactors for its anticipated nuclear power expansion project. However China has already snubbed Canada once on CANDU after the Canadian government hesitated at transferring technology to them. Another issue is that Canada has very strong controls over uranium export and as of now will not export large amounts to China. The usefulness of this policy is highly questionable. China already has a complete nuclear arsenal. By refusing to sell them uranium Canada is doing itself no favours. Australia certainly appreciates Canada's stance. They recently signed a lucrative deal with China to provide massive amounts of Uranium for China's growing nuclear power generation.
The IAEA and nuclear non-proliferation treaty have processes and institutions in place to control uranium. Canada should sell uranium to China with the simple caveat that if breeches in proper handling conduct occur the supply will cease.