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Economic benefits of the Canadian nuclear industry

One of the most important and untold stories in Canada is the contribution the nuclear industry makes to the economy. Through clean nuclear energy generation in Ontario and New Brunswick, radioisotope production for nuclear diagnoses and therapy, and numerous other technology applications throughout the country, the Canadian nuclear industry is an undeniable source of revenue, jobs and economic prosperity.

CANADA’S NUCLEAR INDUSTRY BY THE NUMBERS:

  • Generates $6 billion in revenues annually
  • Contributes $1.5 billion in federal and provincial taxes
  • Supports 60,000 direct and indirect jobs
  • Produces electricity for 60% of Ontario and 30% of New Brunswick
  • Avoids 80 million tonnes of CO2 annually by displacing fossil fuels
  • Produces 70% of the Cobalt-60 used in radiation therapy treatments worldwide

Additional benefits of Ontario’s refurbishment project

Ontario began the process of refurbishing 10 of its nuclear power reactors so that they can continue to provide clean, affordable and reliable electricity for the next 30 to 40 years.

The refurbishment is Canada’s largest infrastructure project to date and will have a massive economic impact, not to mention a significant effect on air quality and health in avoiding fossil fuel use. Over the next 15 years, it will create 9,000 additional jobs, and infuse an additional $3 billion of revenue into the economy.

Companies that support the nuclear industry

Nearly 200 Canadian companies supply products and/or services to the nuclear industry. They consist of private and public organizations at both the federal and provincial levels.

Most of these companies are located in Ontario. In fact, nearly every riding in the province is home to companies that make up the nuclear industry.

Direct and indirect jobs

The nuclear industry in Canada employs approximately 30,000 people directly, and creates another 30,000 jobs indirectly through contracting. Careers in the nuclear industry offer women and men challenging work, competitive salaries and benefits, and opportunities for advancement. Because many of the jobs require highly developed skills and advanced education, the nuclear industry also offers a homegrown job market for skilled graduates and attracts international talent to Canada.

With refurbishment contracts, potential new builds, and an aging workforce, many new jobs will also become available in the next 10 years or so.

JOBS IN THE NUCLEAR INDUSTRY:

  • Engineers (mechanical, chemical, civil, nuclear)
  • Environmental specialists & scientists
  • Employee wellness personnel
  • Health physicists
  • Financial analysts
  • Communications specialists
  • Purchasing specialists
  • Information systems analysts
  • Nuclear operators
  • Control technicians
  • Chemical technologists
  • Radiation protection technicians
  • Safety technicians
  • Boiler makers
  • Electricians
  • Sheet metal workers
  • Welders
  • Emergency response & security personnel
  • Information technology technicians AND MORE!