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OPG to begin construction on Canada’s first grid-scale small modular reactor in 2025
The first SMR will cost $6.1 billion, along with costs for systems and services common to all four SMRs of $1.6 billion. Costs are expected to decline with each subsequent unit as efficiencies are gained, similar to the Darlington Refurbishment Project.
Published May 8, 2025 at 10:33am

Stephen Lecce, Minister of Energy and Mines of Ontario speaks at a press conference in Toronto on Thursday, April 17, 2025. THE CANADIAN PRESS/Arlyn McAdorey