A massive undertaking is poised to reshape Ontario’s energy landscape and inject billions into the Canadian economy. Plans are underway to revitalize the Pickering Nuclear Generating Station, a facility that has quietly powered the province for over half a century.
The ambitious project, slated to begin in 2027, promises to breathe new life into four CANDU reactors, extending their operational lifespan for up to 38 years. This isn’t simply maintenance; it’s a full-scale refurbishment designed to ensure a continued supply of affordable, reliable, and clean energy.
The scale of the endeavor is staggering, with projections indicating the creation of nearly 37,000 jobs. These aren’t just any jobs, but highly skilled positions that will bolster the Ontario supply chain and keep an estimated 90% of the $26.8 billion project budget circulating within Canada.
This decision marks a significant shift from previous considerations to decommission the station. Officials emphasize a commitment to Canadian technology, workers, and economic independence, shielding the province from the uncertainties of the global market.
Beyond electricity generation, the refurbishment holds a critical benefit for healthcare. Pickering is a vital source of Cobalt-60, a crucial medical isotope used in cancer treatments and the sterilization of essential medical supplies and food. The project aims to double the province’s production of these life-saving isotopes within the next four years.
Once complete, the revitalized Pickering station will boast an increased capacity of up to 2,200 megawatts – enough to power approximately 2.2 million homes. This substantial increase in energy output will solidify nuclear power’s role as a cornerstone of Ontario’s energy grid.
The project’s impact extends beyond immediate job creation. It’s expected to sustain 6,700 ongoing positions at the station and unlock new export opportunities, fostering a more competitive and resilient economy. Final licensing approvals from the Canadian Nuclear Safety Commission are now the key to initiating the Project Execution Phase.
The refurbishment of Pickering represents a long-term investment in Ontario’s future, promising not only energy security but also economic prosperity and advancements in vital medical technologies.
