Montreal company plans to build a plant for small modular reactor parts east of Toronto in supply chain deal

A Montreal-based firm is gearing up to construct a plant near Toronto to manufacture components for small modular reactors (SMRs), which are compact nuclear reactors designed to produce up to 300 megawatts of power. This initiative marks a significant step in Canada's nuclear sector, aiming to leverage regional supply chains and foster innovation in nuclear energy. The move could boost local economies and position the area as a hub for advanced nuclear technology, highlighting the potential for SMRs to provide a cleaner, more efficient alternative to traditional energy sources.