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A Defining Moment for Canada’s Nuclear Future

June 22, 2026

For decades, Canada’s nuclear sector has been one of the country’s quiet success stories.

From powering homes and businesses to producing life-saving medical isotopes, supporting tens of thousands of skilled jobs and exporting Canadian expertise around the world, the industry has played an important role in Canada’s economic and energy landscape.

Today, with the release of Canada’s first Nuclear Energy Strategy, the federal government has taken a historic step by recognizing nuclear energy not simply as a source of electricity, but as a strategic national asset that will help shape Canada’s economic, energy and geopolitical future.

The strategy arrives at a pivotal moment for Canada. Electricity demand is expected to grow significantly in the coming decades as the country pursues economic growth, industrial development, electrification and emerging opportunities such as artificial intelligence and data infrastructure. At the same time, countries around the world are competing for investment, talent, supply chains and the technologies that will define the next generation of economic prosperity.

Against this backdrop, Canada’s first national Nuclear Energy Strategy provides a long-term vision for how nuclear energy can strengthen the country’s economy, enhance energy security, drive innovation and reinforce Canada’s position as a trusted global partner.

Perhaps most importantly, the strategy reflects a growing national consensus. Across Canada, governments, Indigenous communities, industry, workers and researchers increasingly recognize that reliable, non-emitting nuclear energy is essential to meeting the country’s future energy and economic needs. In doing so, nuclear has become one of the few industries capable of bringing together provinces from east to west around a shared vision of prosperity, competitiveness, energy security and long-term nation building.

For those who have worked in and around the industry, many of the priorities outlined in the strategy will be familiar. The Canadian Nuclear Association and its members have consistently advocated for policies that support regulatory modernization, workforce development, Indigenous participation, export promotion, financing tools needed to enable new nuclear projects, including investment tax credits and risk-sharing mechanisms, and support for Canadian technologies.

The strategy also recognizes the broad contribution nuclear makes to Canada’s economy and innovation ecosystem, with opportunities extending beyond electricity generation to include medical isotopes, advanced research, the fusion fuel cycle and emerging technologies. Together, these priorities reflect the growing recognition that nuclear energy is fundamental to Canada’s future prosperity.

Canada enters this next chapter from a position of strength. The country is home to world-leading nuclear technologies, abundant uranium resources, a highly skilled workforce, a globally respected regulator, a mature approach to waste management and a domestic supply chain that supports projects both at home and abroad. Canadian expertise has helped establish one of the world’s strongest nuclear operating records, while recent CANDU refurbishments in Ontario have demonstrated Canada’s ability to successfully deliver complex nuclear projects at scale.

The strategy builds on these strengths with commitments to enable new nuclear projects, support both large-scale reactors and small modular reactors, strengthen workforce development, modernize regulatory processes, expand Indigenous participation, advance exports and invest in the next generation of nuclear innovation. It also recognizes the importance of maintaining Canada’s competitiveness across the entire nuclear value chain, from uranium production and fuel services to reactor technology, research, medical isotopes, fusion and advanced manufacturing.

Reliable, non-emitting electricity is increasingly the foundation of economic growth. From advanced manufacturing and critical minerals development to artificial intelligence, data centres and emerging industries, Canada’s competitiveness depends upon access to abundant, secure and dependable electricity. Nuclear energy provides that foundation while supporting high-quality jobs, domestic supply chains and long-term investment across the country.

Canada’s abundant uranium resources, world-leading fuel capabilities and internationally recognized expertise also position the country to play a larger role globally. As more nations turn to nuclear energy to strengthen energy security, improve economic resilience and reduce emissions, Canada is uniquely positioned to provide trusted technologies, fuel, expertise and long-term partnerships. In an increasingly uncertain geopolitical environment, trusted energy partners have never been more important.

Equally important is the recognition of Indigenous participation as a key component of future growth. Across the country, Indigenous communities are engaged in major energy projects. Their growing role in the nuclear sector is helping create new opportunities for long-term economic participation and shared prosperity, while ensuring the benefits of development are shared more broadly.

Success will depend on turning ambition into action through continued collaboration among governments, Indigenous communities, industry, workers, educators and communities. It will require sustained investment, regulatory certainty and a shared commitment to building the projects, partnerships and workforce needed to meet Canada’s future energy needs.

Canada has spent decades building one of the world’s most capable nuclear sectors. The Nuclear Energy Strategy provides a roadmap to build on that foundation and positions Canada not simply to participate in the global nuclear renaissance, but to help lead it. By strengthening energy security, advancing innovation, creating opportunity across every region of the country and reinforcing Canada’s role as a trusted global partner, this strategy offers an opportunity to deliver lasting prosperity for generations of Canadians.

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