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Canada launches $30 million small modular reactor funding program

February 23, 2023

Canada is launching a new funding program to help promote the commercial deployment of small modular reactors (SMRs). The announcement was made Feb. 23 at the Canadian Nuclear Association’s annual conference.

The program would provide $29.6 million over four years to develop supply chains for SMR manufacturing and fuel supply and security. Funding would also be used for research on safe SMR waste management solutions.

Eligible applicants could include private companies, utilities, provinces and territories, universities and Indigenous groups.

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