Canada is intensifying efforts to secure its long-term economic resilience by reinforcing its domestic energy capabilities, with a strong emphasis on nuclear power. As global dynamics evolve, the Government of Canada is prioritizing energy sovereignty as a cornerstone of national security and economic stability. In line with this approach, the country is advancing its nuclear leadership through a comprehensive nuclear energy strategy aimed at unlocking its full potential as an energy superpower.
Speaking at the Canadian Nuclear Association Conference on 29th April 2026, Tim Hodgson, Minister of Energy and Natural Resources of Canada, confirmed that Natural Resources Canada (NRCan) is preparing a far-reaching Nuclear Energy Strategy for Canada, scheduled for release by the end of 2026. This nuclear energy strategy is designed to build on Canada’s long-standing expertise, including advancements in CANDU technology, significant uranium reserves, a highly skilled workforce, and a globally respected safety framework. The plan is expected to support industry growth, enhance energy affordability, and strengthen domestic energy security, while also positioning Canada to capitalize on a global nuclear sector projected to expand by up to $200 billion annually by 2030.
The nuclear energy strategy will be organized around four central pillars, namely enabling new builds across Canada, establishing the country as a global supplier and exporter of choice, expanding uranium production and nuclear fuel opportunities and finally, advancing Canadian innovation in nuclear technologies, including both fission and fusion. Through collaboration with provinces, territories, utilities, industry stakeholders, Indigenous partners, and labour groups, the initiative aims to expand the national grid and accelerate electrification.
As part of these efforts, Minister Hodgson also announced, on behalf of David J. McGuinty, Minister of National Defence of Canada, an initial $40 million investment for 2026-2027 through the Department of National Defence (DND). This funding will assess the viability of a Canadian-controlled microreactor capable of supplying heat and electricity to remote and northern DND and Canadian Armed Forces (CAF) operations. Complementing this, the federal government has committed $2.2 billion over ten years to modernize Chalk River Laboratories, including the development of the Advanced Materials Research Centre and other critical infrastructure. These investments will consolidate outdated facilities into a modern research complex, supporting continued leadership in areas such as CANDU technology, nuclear safety, small modular reactors, and reactor fuel development.
