Chief Ted Williams of Rama First Nation was present for the announcement (Supplied Photo) By Liam Casey Several Ontario First Nations are about to become part owners of a new nuclear reactor after forming a commercial partnership with both the federal and provincial governments. Ottawa and Ontario are offering loan guarantees totaling $700 million to seven Williams Treaties First Nations located east of Toronto, which will convert into equity for one of the four small modular reactors being developed at the Darlington New Nuclear Project in Bowmanville, Ont., by Ontario Power Generation. Ontario Energy and Mines Minister Stephen Lecce mentioned that this marks the first equity partnership with First Nations in a nuclear reactor within Canada. He stated that this investment will lead to a minority ownership stake for the First Nations…
This content is for Yearly Subscription, Yearly Subscription – Corporate, Print Subscription Only, Canada Print and Online, and USA Print and Online members only.
Register
Source link
Register
Add Your Voice
Is there more to this story? We’d like to hear from you about this or any other stories you think we should know about. Contribute your voice on our contribute page. (function(d, s, id) { var js, fjs = d. get Elements By Tag Name(s)[0]; if (d. get Element By Id(id)) return; js = d. create Element(s); js. id = id; js. src = “//connect. facebook. net/en_US/sdk. js#xfbml=1&version=v2.5”; fjs. parent Node. insert Before(js, fjs); }(document, ‘script’, ‘facebook-jssdk’));Source link
