The dangers of gambling on nuclear power

[Oscar]

The dangers of gambling on nuclear power

OPINION: Anne Lindsey - May. 15, 2026 - Wpg. Free Press

EXCERPT: "Dismissing climate science, setting Canada apart from most nations and planting us firmly in the United States’ camp, the Carney government is betting the farm on a “nuclear renaissance.”

There have been numerous indications this was coming. But Energy Minister Tim Hodgson’s April 29 statement to the Canadian Nuclear Association, following immediately on the launch of the “Canada Strong Fund” left no doubt that our investment banker prime minister is determined to pursue his nuclear energy superpower dreams. . . .

Enter the Canada Strong Fund: a vehicle for offshore and wealthy investors, along with development companies, to make some quick cash by supporting “nation building” projects like pipelines presumably, but also nuclear plants according to Hodgson.

He says we must “de-risk” nuclear investments. That is shorthand for investors getting their payback and Canadians assuming the risks — of which there’s no shortage. From cost overruns and construction delays (typical in the global nuclear industry) to radioactive emissions, waste management and potential accidents, we are being led into a huge gamble.

Finally, while Hodgson and Carney use “affordability” rhetoric in their nuclear promotion, it is the most expensive way to generate electricity and that will push up rates and taxes, which is already happening in Ontario. Investors might gain, but regular people won’t.

We need fast, affordable, proven and sustainable solutions that are currently available to meet the new energy crisis, not dangerous capitalist fantasies of nuclear domination.

Anne Lindsey has been monitoring the nuclear industry since the 1980s."

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