Ontario’s Expansion of Clean, Reliable and Affordable Nuclear Energy

The Government of Canada has announced a $50 million investment in Ontario's expansion of nuclear energy. This funding, from the federal Electricity Predevelopment Program, will be used for Bruce Power's assessment of new generation opportunities at its site in Tiverton, Ontario. The project could potentially produce power for up to 4,800,000 homes and businesses in Ontario. The investment is part of Powering Ontario’s Growth, the province’s plan to meet growing electricity demand and reduce emissions through Ontario’s clean electricity grid. The project represents more than 25 percent of the new nuclear capacity required for Ontario to meet its clean electricity needs in 2050. The funding will support project pre-development work, including an Impact Assessment and Licence to Prepare Site application, engagement activities with local municipalities and Indigenous communities, and technical, environmental and engineering studies and evaluations.