Nuclear power is heavily subsidized by federal taxpayers as well as those in Ontario and New Brunswick. Much of the money spent on designing, building and operating new reactors will be direct public funding. Of course, consumers will eventually pay all the costs through their electricity bills or taxes. Federal subsidies for new reactors have topped $1 billion. Indeed, a Canada Infrastructure Bank “low-interest” loan of $970 million is approved for Ontario Power Generation to work on a US designed … read more »
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