BWXT Canada Joins Canadians for CANDU® Campaign
(CAMBRIDGE, ONTARIO – April 11, 2024) – BWXT Canada Ltd., a subsidiary of BWX Technologies, Inc. (NYSE: BWXT), has joined the Canadians for CANDU Campaign. Spearheaded by Co-Chairs the Right Honourable Jean Chretien and former Ontario Premier Mike Harris, and now joined by industry, the campaign promotes the deployment of CANDU® nuclear technology at home and abroad in support of Canadian and global efforts to reach net-zero emissions.
John MacQuarrie, president of BWXT Commercial Operations, shared, “We’re proud to join other nuclear industry leaders in communicating the significant benefits of CANDU technology. As a nuclear solutions provider for diverse technologies, BWXT has been designing, manufacturing and servicing CANDU reactors for more than 60 years. This initiative highlights the undeniable opportunities that the technology offers to Canadians, and how it can help create a more net-zero future for us all.”
Joe St. Julian, president, Nuclear, AtkinsRéalis said, “I would like to thank BWXT for their leadership in Canada’s world class nuclear sector, and their support for CANDU technology. This growing movement bolsters Canada’s position as a global clean energy champion, while promoting a domestic nuclear industry that Canadians can be proud of.”
THE CANDU MOMENT
Canada enjoys world-leading expertise in the design, construction, operations, maintenance and overall program management of nuclear reactors, supported by a highly qualified supply chain. CANDU technology is one of Canada’s most important innovations and remains the nation’s only domestically developed and licensed nuclear technology.
CANDU technology—which uses natural uranium—renowned for its safety, efficiency and versatility, stands as a source of pride for Canadians and remains a leading force in nuclear innovation worldwide. Six decades after it was first developed, it stands as the linchpin of a vibrant Canadian nuclear ecosystem that supports over 76,000 stable and well-remunerated jobs across a wide variety of professional and skilled trades fields, not to mention researchers at our world-class universities and research institutions.[1]
CANDU technology remains the only nuclear power technology that coproduces the medical isotopes that are used in cancer-fighting treatments and the sterilization of medical devices. The current CANDU fleet in Ontario produces 50% of the world’s supply of Cobalt-60, which is used for medical device sterilization.[2]
CANDU intellectual property is owned by the federal government. It is a national strategic asset critical to the energy transition, supporting significant economic opportunities for Canadians.
The Canadians for CANDU campaign calls on the federal and provincial governments to support the only made-in-Canada nuclear technology on the market to help the country reach net-zero and support a thriving domestic nuclear ecosystem.
ABOUT CANADIANS FOR CANDU
Canadians for CANDU includes industry leaders, members of the domestic supply-chain, academics and citizens who believe Canadian expertise and innovation has a leading role to play in the deployment of nuclear energy solutions at home and abroad. canadiansforcandu.com
About BWXT
At BWX Technologies, Inc. (NYSE: BWXT), we are People Strong, Innovation Driven. Headquartered in Lynchburg, Virginia, BWXT is a Defense News Top 100 manufacturing and engineering innovator that provides safe and effective nuclear solutions for global security, clean energy, environmental restoration, nuclear medicine and space exploration. With approximately 7,800 employees, BWXT has 14 major operating sites in the U.S., Canada and the U.K. In addition, BWXT joint ventures provide management and operations at a dozen U.S. Department of Energy and NASA facilities. For more information, visit www.bwxt.com. Follow us on LinkedIn, X, Facebook and Instagram.
Media Contact
Monifa Miller
Senior Director, Corporate Affairs
Commercial Operations
519.242.8071 mamiller@bwxt.com