Canada’s 2022 budget plan includes backing for SMRs

April 15, 2022, 12:00PMNuclear News

Notwithstanding the snubbing of nuclear in its recently released Green Bond Framework, the Canadian government is showing support for small modular reactors in its 2022 budget plan, which was presented to the House of Commons by the minister of finance, Chrystia Freeland, on April 7.

According to the Canadian Nuclear Association, “This is the first documented government policy that provides explicit financial support for SMRs as a key solution for climate change.”

To continue reading, log in or create a free account!

Related Articles

Denver Airport may go nuclear

August 7, 2025, 3:01PMNuclear News

Colorado’s first nuclear power plant of the 21st century could be built at an unconventional site: the Denver International Airport (DEN).In its mission to gain energy independence and...

Palisades gets a key green light from NRC

July 28, 2025, 9:32AMNuclear News

The Palisades nuclear power plant has been formally transitioned from decommissioning status to holding an operating license following the completion of an extensive technical review by the...

NRC approves NuScale uprated SMR design

June 2, 2025, 9:30AMNuclear News

NuScale earned approval for its “larger” US460 77-MWe small modular reactor plant design, the Nuclear Regulatory Commission announced last week.The standard design approval (SDA) is a...