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C$3 billion in government support for Darlington Nuclear Project announced
- 18 days ago (2025-10-24)
- David Flin
The Canadian federal government and the Ontario government have announced a combined C$3 billion in new subsidies to support the SMR development at the Darlington generating station.
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The Federal government will provide C$2 billion to the project via the Canada Growth Fund, while Ontario will provide C$1 billion through the Building Ontario Fund.
Mark Carney, Canada’s Prime Minister, said: “This is a generational investment that will build lasting security, prosperity, and opportunities. We’re building big things to build Canada Strong.”
The cost of the first 300 MW SMR at Darlington has been estimated at C$7.7 billion, with the cost of the whole project of four units estimated at C$21 billion.