News

CIC Funding to Encourage Nuclear Supply Chain Development in Saskatchewan

Crown Investments Corporation (CIC) is providing $479,000 to the Saskatchewan Industrial and Mining Suppliers Association (SIMSA) and its partners to prepare local companies for their future participation in provincial, national and global small modular reactor (SMR) development.

“Programing and resources made available through this funding are crucial to moving toward building a nuclear industry in Saskatchewan,” Minister of Crown Investments Corporation Don Morgan said. “Our province has a long successful history of nuclear research and development, and we are a world-class supplier of high-quality uranium ore. Advancing Saskatchewan’s SMR supply chains will unlock economic and job potential for communities near and far, including our rural, northern and remote regions, and Indigenous communities.”