Feds, province announce $3 billion for SMRs as Darlington nuclear project powers ahead
AI Article Summary
The governments of Ontario and Canada have announced a $3 billion investment to support the construction of four small modular reactors (SMRs) at Ontario Power Generation's Darlington New Nuclear Project. This project marks the first new nuclear build in the G7 and the first in North America in over 30 years. The investment aims to enhance the province's clean energy capabilities and advance nuclear technology.
What This Means for Canadian Contractors
This project shows how significant government investments can drive advancements in clean energy infrastructure. For Canadian builders, this means opportunities in nuclear construction and potential involvement in pioneering new energy technologies. The funding can lead to increased demand for specialized labor and resources, influencing construction timelines and supply chain arrangements.
