Canadian at our Core: Bruce Power contributing more than $13 billion to Canada’s economy over the next 18 months, supporting jobs and business here at home when it matters most

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeGlobeNewswireThis section is The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Canadian at our Core: Bruce Power contributing more than $13 billion to Canada's economy over the next 18 months, supporting jobs and business here at home when it matters mostAuthor of the article:Kincardine, Ontario, Aug. 27, 2026 (GLOBE NEWSWIRE) — Bruce Power’s Canadian at our Core commitment is delivering real results when they matter most, creating an economic impact of more than $13.3 billion in the next 18 months, supporting good jobs in Ontario and across the country.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountBruce Power’s Canadian at our Core campaign was launched in 2025 and since then, the company has spent more than $6.6 billion in Canada from January 2025 to June 2026, and will spend an additional $7.7 billion through the end of 2027, supporting Canadian businesses and workers through its operations and Life-Extension Program. This represents over 95 per cent of the company’s total spend staying in Canada.“Canadian at our Core is a key commitment that we value in the decisions we make every day,” said James Scongack, Bruce Power’s Chief Operating Officer and Executive Vice-President. “Our people, our skilled trades workforce, our suppliers and our community partners are the foundation of our success. By investing in Canadian talent, supporting local businesses, advancing made-in-Canada innovation and creating opportunities for future generations, we are helping power Ontario, strengthening our economy and delivering lasting benefits for communities across Canada.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try again“We are proud of the role we play in supporting the country when it matters most.”As a proudly Canadian-owned company and public-private partnership, Bruce Power is committed to providing safe, reliable power to Ontario and cancer-fighting medical isotopes to the global health-care community. It’s a source of pride that more than 95 per cent of Bruce Power’s spend is in Canada and the company encourages its partners to buy local and buy Canadian.“As President Trump continues to threaten Canadian workers and our economy, Bruce Power, its supplier partners, and our government are stepping up the fight for Canada by keeping 95 per cent of spending in this country,” said Stephen Lecce, Ontario Minister of Energy and Mines. “By investing in Canadian workers, companies and innovation, Bruce Power is keeping jobs and investment here at home as Ontario leads North America’s largest nuclear expansion, on-time and on-budget. This is Ontario’s nuclear advantage in action: Canadian technology and ingenuity, built by and for Canadians.”A strong, united Canada benefits everyone, and Bruce Power has doubled down on its Canadian commitment through five key pillars that are focused on supporting people, businesses, skilled trades, innovation, the economy and health care:More than 95 per cent of Bruce Power spending is in Canada.Economic analysis completed for Bruce Power shows that one dollar invested by Bruce Power generates over $1.70 in economic impact to Canada with most of that occurring within Ontario. Based on that, Bruce Power expects to generate $13.3 billion in economic activity in Canada over the next 18 months, supporting Canadian businesses and workers during this period of economic uncertainty.Supply Chain partnershipsOver the past 18 months, Bruce Power has signed agreements worth more than $2.7 billion with Canadian suppliers, including Canada Steel, Ideal Supply, Weston Valve Fitting (Swagelok); Tundra, Contro Valve, Levitt, Crossroads, Compugen, Shawflex, AtkinsRealis, UCC, McDougall Energy, ASI, NPX and CCS.Key Examples include: A 12-year master supply agreement with Shawflex for high-quality engineered cable which will be produced at their facility in Vaughn; A 10-year agreement with Canada Steel for steel and aluminum products such as sheet, pipe, plate and rebar. The company has locations in Goderich, London, Cambridge and Sarnia; A 10-year strategic alliance with Contro Valve for critical valves, instrumentation and local support. Contro Valve has facilities in Burlington, Sarnia and Thunder Bay and Quebec and Manitoba.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.Buy local in the Clean Energy Frontier regionBruce Power spent more than $3.8 billion in the Clean Energy Frontier region of Bruce, Grey and Huron Counties over the past 18 months, representing more than 50 per cent of total spending as a company.Over the next 18 months, Bruce Power expects to spend more than $4 billion in the tri-county area.Reconciliation through actionIn early 2026, Bruce Power and the Saugeen Ojibway Nation (SON) unveiled an historic $250-million expansion of their partnership to deliver cancer-fighting medical isotopes and create lasting economic benefits for the Chippewas of Saugeen and Chippewas of Nawash Unceded First Nations.SON and Bruce Power entered into a separate revenue-sharing agreement, which provides $10 million annually in direct community payments, shared equally between Saugeen First Nation and the Chippewas of Nawash Unceded First Nation.Bruce Power is helping to make the dream of home ownership come true with its investment of $1 million to Saugeen First Nation housing over a four-year span.A donation of $393,750 from the Saugeen Ojibway Nation (SON) Community Development Fund in 2026 will help SON with Phase 2 of its Amphitheatre project following a $500,000 donation in 2025 from Kinectrics through the Fund, which supported the continued restoration of one of the largest dry-stone projects in North America.Bruce Power provided more than $1 million in direct financial contributions, as well as in-kind services and technical expertise, for the construction of the Nawash Arena.Bruce Power and its supplier partners pledged more than $1 million to fund the Noongwa Wellness project, an initiative focused on transforming community healthcare delivery in Neyaashiinigmiing by expanding access to in-community, in-home, and culturally relevant care through the construction of a new innovative family medicine and wellness facility.Isotopes for HopeThe Bruce Power site has been producing sterilization grade cobalt-60 (Co-60) since 1986, medical grade Co-60 since 2019 and lutetium-177 (Lu-177) since 2022 and will continue to support the fight against cancer in Canada and around the world as it works to meet the goal of doubling Canadian isotope production by 2030.Since 2025, Bruce Power has successfully harvested Co-60 from two reactor units, including the largest on record from Unit 5 in 2025 (largest harvest on record). These two significant harvests will be utilized by Nordion to support sterilization of critical health-care products, including heart valves, vascular stents, artificial joints, tissue-based medical products and other implantable devices, while also supporting the global supply of sterilized medical products relied upon every day in hospitals and clinics around the world.From now until end of 2027, there are three more harvest and shipping campaigns planned at Bruce Power.In October 2025, Bruce Power celebrated three years of Lu-177 production without a missed shipmentSince 2025, enough Lu-177 has been shipped from for more than 100,000 treatments with significant capacity for more outputIn 2026, production is up more than 50 per cent and growth is expected in 2027 as well. “By sourcing from Canadian businesses and investing in local suppliers, Bruce Power will strengthen the resilience of Ontario’s domestic supply chains and support thousands of highly skilled workers across the province,” said Vic Fedeli, Ontario’s Minister of Economic Development, Job Creation and Trade. “We commend them on the initial success of the Canadian at our Core initiative and look forward to seeing this commitment unlock new opportunities for our world-class talent, enhance our economic competitiveness and reinforce Ontario’s leadership in isotope production.”Those effects are also felt closer to home.“Bruce Power continues to be a driving force for opportunity in the Clean Energy Frontier region, supporting families, businesses and communities throughout Huron, Bruce and Grey counties,” said Lisa Thompson, MPP for Huron-Bruce and Minister of Rural Affairs. “Through its operations, major projects and partnerships with local suppliers, Bruce Power is creating jobs, growing the regional economy and demonstrating how rural Ontario can lead in clean energy innovation.”About Bruce PowerBruce Power is an electricity company based in Bruce County, Saugeen Ojibway Nation Territory, Ontario. We are powered by our people. Our 4,200 employees are the foundation of our accomplishments and are proud of the role they play in safely delivering clean, reliable nuclear power to families and businesses across the province and cancer-fighting medical isotopes around the world. Bruce Power has worked hard to build strong roots in Ontario and is committed to protecting the environment and supporting the communities in which we live. Formed in 2001, Bruce Power is a Canadian-owned partnership of TC Energy, OMERS, the Power Workers’ Union and The Society of United Professionals. Learn more at www.brucepower.com and follow us on Facebook, X, LinkedIn, Instagram, and YouTube.Maggie Tieman Bruce Power 2266687698 maggie.tieman@brucepower.com Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.

Original Source

Read the full article at Financialpost →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.