Business View Magazine - Dec 2023

Fortunately, Canada is a prime location to further the progress of nuclear development, as it already has much of the technological infrastructure in place in some of its key provinces, namely Ontario, New Brunswick, and Quebec, which all have reactor plants. Additionally,as a country,Canada is fullyequipped to be able to smoothly handle such a large transition. “Canada’s in a very good position to deploy nuclear across Canada because we are a tier one country when it comes to nuclear,” Shoukas explains, “the entire process, cradle to grave, as a country, we can manage it amongst ourselves, we don’t need any outside support.” Thismeans that everything fromdiggingupuranium to processing and fabricating fuel to designing and constructing the reactors and even the regulation can be handled by Canada alone. Since PCL has led every other major energy transition in the country, it only makes sense that the company is rightfully leading Canada through this newest transition into nuclear energy. Given that PCL has over a century of experience in piloting transitions like this, they are by far the most qualified party to do so. DISPELLING THE MYTHS OF NUCLEAR ENERGY WITH INNOVATION Even with an experienced giant like PCL leading the charge, there will always be resistance to big changes simply due to misconceptions. When the word “nuclear” is mentioned as an energy alternative, there will always be those who associate it with obvious negative disasters. Still, there’s a lot of dogma around nuclear energy that needs to be addressed. Project Manager Peter Tawfik does this succinctly, saying, “Nuclear bombs and nuclear energy are not akin…when you talk of Chernobyl, Fukushima,Three Mile Island, these are technologies that are aged 100 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 12