The federal government of Canada is looking to build up to 10 new nuclear reactors over the next 15 years. According to the information reported by CityNews Toronto, the plan is part of a new federal nuclear strategy advanced under Mark Carney's government.
Under the plan, at least one of the new reactors would be located outside of Ontario. That detail points to an expansion of nuclear power beyond the province that has traditionally hosted much of the country's reactor capacity.
Officials say the new federal nuclear strategy could cost more than $100 billion. The figure reflects the scale of building up to 10 reactors over a 15-year horizon as set out in the strategy.
Despite the projected cost, it is unclear how Canada would fund the project. According to the report, the question of financing remains open even as the government lays out its ambitions for the reactor build-out.
The strategy is being advanced at the federal level under Mark Carney's government, which has placed nuclear power at the center of its longer-term energy planning. Building up to 10 reactors over 15 years would mark one of the most significant expansions of Canada's nuclear capacity in decades.
Taken together, the plan sets out a long-term push on nuclear power, with up to 10 reactors over 15 years, at least one outside Ontario, a cost estimated above $100 billion and an unresolved funding path. The strategy frames nuclear energy as a central part of the government's longer-term planning.