Ontario’s Darlington SMR renews Canada’s nuclear maturity
- •Hey everyone, just read this article on mining.com about Ontario starting construction on the first SMR in the G7 at Darlington.
- •This is pretty significant, and honestly, a bit of a game-changer for Canada's energy future, and potentially for global energy security too.
- •My initial reaction is overwhelmingly positive.
Hey everyone, just read this article on mining.com about Ontario starting construction on the first SMR in the G7 at Darlington. This is pretty significant, and honestly, a bit of a game-changer for Canada's energy future, and potentially for global energy security too. I've been following the SMR space for a while now, mostly keeping an eye on companies involved in the supply chain and construction, and this news really solidifies the long-term viability of nuclear in our energy mix. It's not just about clean energy, but also about energy independence, which is something I factor heavily into my long-term portfolio strategy, especially with all the geopolitical wildcards out there.
My initial reaction is overwhelmingly positive. We've seen so much talk about small modular reactors, and to see actual spades in the ground in our own backyard (or at least, close enough for me in the US to appreciate the ripple effect) is great. It makes me wonder if we'll see more acceleration in SMR development south of the border now. I've personally invested a small portion of my retirement fund into a couple of ETFs that have exposure to nuclear tech, and this kind of news makes me feel even better about those decisions. Plus, for my kids' generation, a stable, clean energy grid is going to be crucial. Speaking of retirement, anyone else here already doing their RMD calculations? I've been dabbling with this Gold IRA Blueprint RMD tool lately to get a picture of what I'll be looking at down the line, and it’s a good reminder of why long-term, stable investments are so important.
What are your thoughts on this? Do you think this will spur other countries or even other provinces to accelerate their SMR programs? Are any of you invested in the nuclear sector, or considering it after news like this? Always interested to hear what the community thinks and how this might impact your own investment theses.