Chapter 1 · 1.2 Building a cleaner, more competitive economy
Growing Canada's nuclear advantage and powering our electricity future
$419M net impact on the budgetary balance over five years, 2026-27 to 2030-31.
The cost line
| Line | 2026-27 | 2027-28 | 2028-29 | 2029-30 | 2030-31 | Total |
|---|---|---|---|---|---|---|
| Measure | … | 100 | 108 | 113 | 112 | 433 |
| Less: Projected revenues | — | −3 | −3 | −4 | −4 | −14 |
| Net fiscal impact | — | 97 | 105 | 109 | 108 | 419 |
… no change to existing funding or no fiscal implication · – a further extension will be considered later · 0* less than $0.5 million. Positive numbers cost the budget (spending or forgone revenue); negative numbers improve it.
What the budget says
“To implement key commitments under the Strategy, Budget 2026 proposes to provide $518.5 million over five years, starting in 2027-28, and $18.1 million ongoing to advance Canada's nuclear research, supply chains, workforce, and regulatory capacity.”
Budget 2026, p. 131 (PDF p. 141)
Key facts
- Proposes $518.5 million over five years, starting in 2027-28, and $18.1 million ongoing to advance Canada's nuclear strategy. Budget 2026, p. 131 (PDF p. 141)
Amounts named in the text
Stated amounts can cover different periods, cash or accrual bases, previously announced money and loans. They are not additive with the cost line above.
- $22 billion
- $88 billion
- $94 billion and $202 billion annually
- $518.5 million over five years, starting in 2027-28, and $18.1 million ongoing
- $261 million over five years, starting in 2027-28, and $14 million ongoing
- $127 million over five years, starting in 2027-28, and $1 million ongoing
- $131.1 million over five years, starting in 2027-28
- $18.3 million
Also in this section
- Powering Canada Strong$8.75BProgram spendingTradesInvestmentEnergy & resourcesPublic work
- Expanding Canada's electric vehicle charging infrastructure$553MProgram spendingTradesEnergy & resourcesInfrastructure & transportPublic work