Candu Energy Inc., an AtkinsRéalis company, marks the continued impact of CANDU® nuclear technology on Canada’s economy at a pivotal time. As of July 1, Candu Energy has injected $2.08 billion in purchase orders into the CANDU supply chain, across more than 548 companies in the last 18 months. 90% of this investment was issued to Canadian suppliers, highlighting the depth and breadth of the CANDU supply chain within Canada, with $1.83 billion of this spend going to Ontario-based companies.
“All levels of government should support Canada’s only domestically designed, constructed, supplied, and serviced large nuclear reactor,” stated Joe St. Julian, President, Nuclear, AtkinsRéalis. “This approach safeguards Canadian employment, sustains competitive wages, strengthens the national economy, and ensures energy security at a time when a proactive commitment to Canada’s economic independence must be facilitated through sound public policy.”
CANDU nuclear technology is owned by the Government of Canada, with Candu Energy as the exclusive licensee and original equipment manufacturer. CANDU reactors use natural uranium fuel, which is abundant in Canada and does not require foreign enrichment. Approximately 90% of the supply chain for these reactors is domestic, supporting an estimated 89,000 jobs across various professional and skilled trades. Canada has a proud history of nuclear power development and was the second country to generate commercial nuclear power.
