et on Wednesday, the government also announced it will provide Ontario Power Generation with an additional $55-million to support construction of BWRX-300 reactors at Darlington Nuclear Generating Station in Clarington, Ont. It committed an almost identical amount ($56-million) to SaskPower to fund predevelopment work for new reactors in Saskatchewan. (In 2022, SaskPower selected the BWRX-300 for potential deployment in the 2030s.)
The BWRX-300 is being designed by Wilmington, N.C.-based GE Hitachi Nuclear Energy and would require enriched uranium fuel, which Canada cannot produce domestically. As tensions rise, Canada to lean on U.S. for uranium enrichment
This funding for American-designed reactors arrives the same week U.S. President Donald Trump imposed across-the-board tariffs on Canadian goods imported into his country. Mr. Wilkinson said Canada’s options for obtaining enriched uranium include the U.S. and Russia. While Ottawa would prefer not to enrich on Canadian soil, it could develop that capability if necessary.
“We’re early into this conversation with the Americans,” he said.
“It would behoove us not to make rash moves while we are still working to get the tariffs taken off. But certainly, there are options in the future.”
Mr. Wilkinson added that the tariffs imposed this week must be eliminated if Canada and the U.S. are to continue collaborating on a wide range of matters, including nuclear projects. “We’re unlikely to be spending an enormous amount of time collaborating with a party that is treating us like an adversary,” he said.
“My hope is that we will find a pathway through this.”
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$4.07 Sentiment: Hold Disclosure: Held
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