Federal Funds Boost Saskatchewan Nuclear Chain

Prairies Economic Development Canada

PrairiesCan and Government of Saskatchewan partner to help Saskatchewan-based companies prepare for nuclear supply chain needs

In the face of global economic uncertainty, Canada is taking steps to produce more of what it needs within our own borders, and that includes becoming an energy superpower. Saskatchewan has a major role to play in that effort by advancing nuclear energy solutions like small modular reactors (SMRs). However, to fully capitalize on the opportunities of nuclear energy, small businesses and communities must have the skills and capacity required to fully participate in the nuclear supply chain.

Today, the Honourable Buckley Belanger, Secretary of State for Rural Development, on behalf of Eleanor Olszewski, Minister of Emergency Management and Community Resilience and Minister responsible for Prairies Economic Development Canada, announced $625,100 in federal support for Saskatchewan Industrial and Mining Suppliers' Association Inc. (SIMSA), the Organization of Canadian Nuclear Industries (OCNI), and Southeast Techhub Incorporated (SETH). This support will help advance nuclear supply chains in Saskatchewan. The Government of Saskatchewan is contributing $286,000 through Crown Investments Corporation.

Saskatchewan's nuclear energy potential stems from its capacity in research, testing and natural resources, especially abundant, world-class uranium. The nuclear sector will create opportunities for businesses specializing in a range of activities-from SMR design and engineering to component manufacturing, plant construction and operations, and specialized services such as quality assurance and environmental management.

Today's announcements will help Saskatchewan businesses enhance their capacity to participate in Canada's nuclear energy sector by:

  • informing and educating local companies about supply chain opportunities in the nuclear industry;
  • facilitating connections between Saskatchewan businesses and vendors in the nuclear supply chain; and
  • developing micro-credentials and accreditation support to meet industry standards.

Canada is committed to advancing innovative and sustainable energy solutions that drive economic growth and reduce emissions. Partnerships such as this highlight the shared commitment of federal and provincial governments to support local businesses and strengthen Canada's nuclear energy sector for a cleaner, more secure energy future.

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