In a move which they say will help restart the post-Covid Canadian economy, uranium company Cameco and nuclear operator Bruce Power are planning a series of initiatives including the creation of a centre for next generation nuclear technologies.

Bruce Power, which operates eight commercial nuclear units at the Bruce station, said the new centre will focus on next generation nuclear technologies by advancing existing expertise of suppliers, regulators and operators. This will support future economic, environmental and export opportunities for Ontario, Saskatchewan and beyond.

Innovations in nuclear energy will help support new technologies like small modular reactors (SMRs), cancer-fighting isotopes and hydrogen development. The new centre will also look at how the current Bruce Power nuclear site output can be further enhanced with new technologies.