Canada commits up to C$74 million for SMRs in Saskatchewan

The Canadian government continued advancing its small modular reactor action plan on Saturday with the approval of up to C$74 million (about $54.6 million) in federal funds for SMR development in Saskatchewan, led by the province’s main electricity provider, SaskPower.

Declaring small modular reactors to be “the next innovation that will help us reach net-zero emissions by 2050,” Canadian Minister of Natural Resources Seamus O’Regan last week introduced his government’s