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The Daily Canuck 23.06.2026
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The Daily Canuck 23.06.2026
Financials
Equity Research
June 23, 2026
Macroeconomic/Global
Canada unveils nuclear strategy, promises to become energy superpower (CTV News) Yesterday,
CTV News reported that the federal government unveiled a new Nuclear Energy Strategy aimed at
positioning Canada as a global energy superpower by expanding domestic nuclear capacity and
exports. The 23-page plan is built on four pillars: enabling new reactor construction, strengthening
Canada’s role as a nuclear exporter, expanding uranium and fuel production, and advancing innovation.
The government aims to deploy up to 10 new large-scale reactors, with two under construction
by 2035 and five more by 2040, while also modernizing CANDU technology by 2030. Officials
highlighted projects such as the Darlington development, expected to power 300,000 homes and
support thousands of jobs. The strategy also targets significant economic growth, with employment
in the nuclear sector projected to double from 90,000 to over 180,000 jobs. While no specific funding
commitments were included, overall investment needs could exceed $100B, with financing potentially
coming from federal institutions. The plan aligns with broader efforts to expand Canada’s electricity
grid by 2050. Provincial leaders welcomed the strategy, though critics argued it lacks concrete
execution details and immediate results.
Why Trump’s CUSMA threats worry Canadian businesses (Postmedia Network) Yesterday,
Postmedia Network reported that renewed uncertainty around the Canada-U.S.-Mexico Agreement
(CUSMA) is raising concerns among Canadian businesses after U.S. President Donald Trump
suggested the deal could be terminated or left unsigned. With little chance of renewal before the
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