Grants and Contributions:

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Title:
814495
Agreement Number:
814495
Agreement Value:
$27,219,000.00
Agreement Date:
Jan 21, 2022 - Jun 30, 2046
Description:
This project will develop Small Modular Reactor technology by completing research and development activities such as design, prototyping and demonstration to support successful licensing with the Canadian Nuclear Safety Commission and deployment of the technology.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:

This project will help support research and development in the Canadian nuclear industry and provide transportable, safe, and clean energy and industrial heat deployment for remote areas reliant on diesel. This project anticipates to create and maintain 203 full-time jobs.

Location:
Peterborough, Ontario, CA K9J6X7
Reference Number:
033-2021-2022-Q4-814495
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
840322481
Recipient Type:
For-profit organization
Additional Information:

Please note this update includes a change to improve standardization of reporting across projects. The end date was updated from the end of the work phase of the project (31/03/2026) to the current end date of the contract (30/06/2046). This is not an extension. The end date now reflects the entirety of the agreement duration, including the benefit phase and residual audit period. The original start date was updated to reflect the correct execution date.

Amendment Date
Mar 31, 2026
Recipient's Operating Name:
Westinghouse Electric Canada, Inc.
Recipient's Legal Name:
Westinghouse Electric Canada, Inc.
Federal Riding Name:
Edmonton West
Federal Riding Number:
48020
Program:
SIF Stream 1 - R&D
Program Purpose:

Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services; Facilitate the growth and expansion of firms in Canada; Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.

NAICS Code:
335311
Amendments:
See Amendments