Canada’s Shift Towards Small Modular Nuclear Reactors

Canada is embracing small modular nuclear reactors (SMRs) as a key solution for achieving a net-zero future. A report by the RBC Climate Action Institute outlines the need for Canada to invest in 85 SMRs, costing between $102 billion to $226 billion, to reach its emissions targets by 2050. With provinces like Ontario and Alberta actively exploring SMR integration, Canada has the opportunity to lead the global market in this innovative technology, driving economic growth and energy security. Industry experts emphasize the crucial role of SMRs in shaping a sustainable, low-emission future, highlighting the potential for nuclear power to significantly reduce emissions and enhance energy sustainability.