Global Trade Alert
Global Trade Alert

Canada: Canada Infrastructure Bank commits CAD 970 million to support the development of the first commercial small modular reactor

Announcement

25 Oct 2022

In October 2022, the Canada Infrastructure Bank (CIB) announced the provision of CAD 970 million (USD 708.1 million) to Ontario Power Generation. The funding will contribute to the construction of Canada’s first Small Modular Reactor. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Oct 2022

Revocation date:

No revocation date

Updated: 25 Oct 2022
State loan In force
On 25 October 2022, Canada Infrastructure Bank (CIB) announced the provision of CAD 970 million (USD 708.1 million) to Ontario Power Generation (OPG). OPG will use federal funding to develop the count...
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