Canada and Small Modular Reactor (SMR) Geopolitics

January 3, 2024

Canada’s nuclear industry has been in a renaissance. This renaissance has been led by major announcements in Ontario to expand the Bruce Nuclear site and create four Small Modular Reactors (SMRs) in Darlington. SMRs are challenging a nuclear industry that has been inwardly focused in recent decades by offering a smaller, more cost effective, and safe option for clean, reliable electricity. Canada cannot afford to sit on the sidelines in this effort.

At stake is the possibility of not only reducing Canada’s share of global emissions lower than the current 1.5% and creating well-paying export-based Canadian jobs, but also of confronting and deterring nuclear proliferation by the world’s rising authoritarian regimes. Canada can be a meaningful part of the solution, bolstering our own security and securing our economic future in a high-tech space.