CAMECO PUTS TO REST 13-YEAR TAX DISPUTE WITH CANADA

Uranium miner Cameco Corp.'s years-long tax dispute with the Canadian Revenue Agency is finally coming to an end. The Supreme Court of Canada dismissed the case, resolving disputes for the Saskatoon-based company's 2003, 2005 and 2006 tax years, which another court in 2018 had ruled in favour of the producer. The decision comes amid a rally in the uranium market as investors see nuclear power included in clean energy plans. “This entire saga has gone on far too long,” chief executive Tim Gitzel said Thursday. “It has been incredibly disheartening for us, as a Canadian company, to have an agency of our federal government continue to pursue a flawed argument for 13 years, even after receiving two court decisions completely in our favour during that time.”