OTTAWA (December 13, 2018) – The Canadian nuclear industry welcomes the House of Commons Standing Committee on Finance’s report on the Pre-Budget Consultations. The government has recognized Canada’s nuclear advantage by specifically mentioning nuclear energy’s role in a low-carbon National Energy Strategy.
“The Canadian Nuclear Association (CNA) is pleased that the Committee directly and positively supports a number of key areas the CNA views as important, including recognition of the role of nuclear in contributing to Canada’s climate change mitigation strategy, greenhouse gas reductions and a strong economy,” said CNA President and CEO Dr. John Barrett.
Specifically, the Committee recommends:
“Develop and deliver a National Energy Strategy, which would consider all forms of low-carbon energy to help realize the goal of a clean environment and a strong economy through the deployment of new technologies, including nuclear power.” [Recommendation 90]
“Leverage private sector funding and assets already owned by Atomic Energy of Canada Limited to respond to the results of the Canadian Small Modular Reactor Roadmap, which would ensure Canada’s leadership role in the development of small modular reactors for export, support economic growth and provide a domestic response to the need of northern and remote communities and industries to eliminate the use of diesel.” [Recommendation 91]
In addition, the Committee has identified the multitude of economic benefits from Canada’s nuclear technology – including leadership in materials research for clean energy storage, advanced manufacturing, and the promotion of health through biomedical and life sciences. [Recommendation 30]
“The Committee has clearly recognized the promise of small modular reactors (SMRs) and Canada’s leadership in this growing area of advanced clean technology,” added Dr. Barrett.
The full report is available here.
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