nuclear-news

A nuclear play in New Brunswick is facing a fragile outlook.

14 Apr 25

• What’s happening: The British owner of New Brunswick’s small modular reactor startup has entered insolvency, throwing its assets on the auction block.
• Why it matters now: The Canadian subsidiary says it’s forging ahead, but with delays, money troubles and fading momentum, Ottawa’s nuclear play is wobbling.
• The broader view: It’s a gut check for Canada’s SMR strategy – and a reminder of how fragile government-backed innovation can be when the scaffolding cracks.

April 16, 2025 - Posted by Christina Macpherson | business and costs, Canada