Business View Magazine | August 2022

20 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 8 C anada’s global leadership in nuclear technologies dates back to the early 1940s, when research into the first heavy water nuclear reactor began in Montreal, Quebec. When completed, that reactor – the National Research Experimental (NRX) reactor – would be the most powerful research reactor in the world. Subsequent research led to the development of the CANDU reactor technology, leading to the construction of 24 commercial CANDU reactors in Ontario, Quebec, and New Brunswick starting in 1961. Today, the Canadian nuclear power sector supplies 14GW of clean, safe, and responsible energy, accounting for 15 percent of the country’s total energy output, while generating $6 billion in annual revenue and sustaining more than 76,000 direct and indirect, well-paying jobs. At the forefront of championing the importance of nuclear in the race to a net zero Canadian economy by 2050 is the Canadian Nuclear Association (CNA). As a non-profit, it has been the national voice of the Canadian nuclear industry since 1960, working with members and all communities of interest to promote the sector nationally and internationally. CNA’s core mandate is working with governments on policies affecting the sector and increasing awareness and understanding of the value nuclear technology brings to Canada’s environment, economy, and the daily lives of Canadian citizens. “Nuclear is the second lowest cost electricity source next to hydropower,” says John Gorman, President, and CEO of the CNA. “The industry is currently undertaking a $26 billion refurbishment exercise that will see many of our nuclear reactors generating power until 2060. This process has created thousands AT A GLANCE THE CANADIAN NUCLEAR ASSOCIATION (CNA) WHAT: Voice of the Canadian nuclear industry since 1960 WHERE: Based in Ottawa, Ontario WEBSITE: www.cna.ca ation