Carney, Ford Announce $3B Funding for Small Nuclear Reactor Project in Ontario

Prime Minister Mark Carney, left, shakes hands with Ontario Premier Doug Ford after the two made an announcement at the Darlington Energy Complex in Courtice, Ont., on October 23, 2025. The Canadian Press/Laura Proctor

Ottawa and Ontario are contributing a total of $3 billion toward a project to build four small nuclear reactors in the Greater Toronto Area.

Prime Minister Mark Carney announced in September the Darlington New Nuclear Project was part of the first tranche of five major projects he deemed to be in the national interest and worthy of fast-tracking.