Canada Targets 10 New Nuclear Reactors by 2040

Canada's federal government announced its Nuclear Energy Strategy on June 22, 2026, aiming for up to 10 new reactors within 15 years, with construction starting on at least two by 2035. The plan requires at least one reactor outside Ontario, breaking the province's historical concentration of Canada's nuclear capacity. As a major uranium producer—roughly 24 percent of global supply—Canada avoids the fuel constraints that limit other nations' nuclear expansion.