{"id":653945,"date":"2026-05-07T15:11:08","date_gmt":"2026-05-07T15:11:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/653945\/"},"modified":"2026-05-07T15:11:08","modified_gmt":"2026-05-07T15:11:08","slug":"ford-government-to-share-costs-on-bruce-power-project","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/653945\/","title":{"rendered":"Ford government to share costs on Bruce Power project"},"content":{"rendered":"

The Ontario government is moving ahead on a cost-sharing agreement worth up to $300 million to advance the construction of a new nuclear generating station. <\/p>\n

The Ontario government is moving ahead on a cost-sharing agreement worth up to $300 million to advance the construction of a new nuclear generating station at the Bruce Power site in Kincardine, Ont., CP24 has learned. <\/p>\n

The deal between the Independent Electricity System Operator (IESO) \u2013 the Crown corporation responsible for operating Ontario\u2019s electricity market \u2013 and Bruce Power would lay the groundwork for the construction of the new facility, a project known as Bruce C. <\/p>\n

The government says the deal is a \u201cmajor step\u201d toward a project that will eventually make the Bruce site the largest nuclear generating facility in the world. It would also be Ontario\u2019s first large-scale nuclear project in over 30 years.<\/p>\n

The agreement would help fund a variety of work, such as pre-construction and site preparation planning, workforce planning and engagement with First Nations and the wider community. <\/p>\n

\u201cThe Bruce C project will advance generational employment creating 18,900 net-new jobs per year transforming Bruce Power into the world\u2019s largest nuclear generating facility,\u201d Ontario Energy Minister Stephen Lecce said. <\/p>\n

\"\"Bruce Power on Lake Huron is shown in this undated image. (Bruce Power) Bruce Power on Lake Huron is shown in this undated image. (Bruce Power) <\/p>\n

The preparatory work, expected to be complete by 2030, would pave the way for the construction of the Bruce C facility, a proposed 4,800 megawatt (MW) nuclear generating station which the government says would provide enough electricity to power 4.8 million homes. <\/p>\n

Currently, Bruce Power operates two generating stations \u2013 Bruce A and B \u2013 with a total of eight reactors. The total number of new reactors for Bruce C has not yet been determined. <\/p>\n

The government says it is \u201ccommitted\u201d to engaging with First Nations com munities on the new facility. <\/p>\n

The project still requires federal approvals to proceed. Work is currently underway on a federal Impact Assessment<\/a> (IA), expected to be completed in 2028 and funded through a separate 2024 cost-sharing agreement between IESO and Bruce Power. The project also requires a site preparation licence from the federal Canadian Nuclear Safety Commission (CNSC). <\/p>\n

Nuclear power currently provides about 50 per cent of Ontario\u2019s electricity supply. The Ford government has doubled down on nuclear power as part of its long-term energy strategy for the province, extending the life of existing nuclear facilities in Pickering and Darlington. <\/p>\n

Lecce is expected to provide more details about the deal at a news conference Thursday morning. <\/p>\n

\"\"Bruce Power nuclear complex Rows of chambers holding intermediate-level radioactive waste in shallow pits at the Bruce Power nuclear complex near Kincardine, Ont., Nov. 1, 2013. (AP Photo\/John Flesher) <\/p>\n","protected":false},"excerpt":{"rendered":"The Ontario government is moving ahead on a cost-sharing agreement worth up to $300 million to advance the…\n","protected":false},"author":2,"featured_media":653946,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[712,45,49,48],"class_list":["post-653945","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-apple-news","tag-business","tag-ca","tag-canada"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/653945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=653945"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/653945\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/653946"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=653945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=653945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=653945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}