Ottawa to finance half of costs to modernize home-grown Candu nuclear power reactor

Best Theratronics needs financial guarantee before resuming operations

The embattled medical devices manufacturer can't operate until the Canadian Nuclear Safety Commission is satisfied a guarantee is in place.

Government of Canada supports CANDU reactor upgrade with $304M loan to AtkinsRéalis - MRO Magazine

The Government of Canada has entered into a preliminary agreement with AtkinsRéalis to support the development and modernization of a new, large-scale, natural uranium–fuelled Canadian deuterium uranium (CANDU) nuclear reactor. The intent is to lend AtkinsRéalis a maximum of $304 million over four years to finance half of the design project. This modernization work will also include Atomic Energy of Canada Limited (AECL), the operators and the b…

Ottawa to finance half of costs to modernize home-grown Candu nuclear power reactor

Federal government announces loan of up to $304-million to AtkinsRéalis toward development of proposed Monark reactor, billed as latest evolution of the Candu

nuclear - Thoughtful Journalism About Energy's Future

This article was published by The Energy Mix on March 12, 2025. By Jody MacPherson Canada has announced around C$450 million in new subsidies for nuclear energy, including the reallocation of funds collected from industrial emitters of greenhouse gases, in what the government frames as a bid to enhance energy security and reliability. Ottawa will lend AtkinsRéalis, formerly SNC-Lavalin Group, C$304 million over four years to finance the developm…

Canadian government announces nuclear investments

The Government of Canada is to lend AtkinsRéalis up to CAD304 million (USD212 million) over four years to support the development of next-generation Candu reactor technology, and has also announced millions of dollars in new funding commitments and support for nuclear projects in Saskatchewan, Alberta and Ontario. ;

Wrap Up: Canada inks reactor deal; LANL collects radioactive devices; Amentum hires top legal officer; more - ExchangeMonitor

(Page 1) The government of Canada announced this week it is entering into a four-year contract worth up to C$304 million with AtkinsRéalis to support the