Notwithstanding the snubbing of nuclear in its recently released Green Bond Framework, the Canadian government is showing support for small modular reactors in its 2022 budget plan, which was presented to the House of Commons by the minister of finance, Chrystia Freeland, on April 7.

According to the Canadian Nuclear Association, “This is the first documented government policy that provides explicit financial support for SMRs as a key solution for climate change.”