Source Feed: The Globe and Mail
Author: Matthew McClearn
Publication Date: October 23, 2025 - 12:07
Ottawa, Ontario pledge combined $3-billion for new nuclear reactors
October 23, 2025
The federal government will provide an additional $2-billion toward construction of the first nuclear reactor planned in Canada in more than three decades, Prime Minister Mark Carney announced Thursday.
The Canada Growth Fund, a $15-billion federal investment fund, will buy an equity stake in the project. Half of the $2-billion will be spent on the plant’s first reactor; the other half is earmarked for subsequent reactors planned at the site. Terms of the investment were not disclosed.
Unpublished Newswire
If passed, the Oak View Group will be a third-party operating manager. Watch the video above for more on the story.
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