AECL funding to top $1.5 billion


Atomic Energy of Canada Ltd will once again receive record levels of federal funding for the coming year.

AECL will receive more than $1.5 billion in funding next year, to support both decommissioning and development at the Chalk River Laboratories, according to the federal government’s main spending estimates, published last week.

Total funding for AECL will be $1.541 billion for the fiscal year 2023-24, which begins April 1.

The funding is broken down into two components: $1.14 billion for “nuclear decommissioning and radioactive waste management” and $401 million for “nuclear laboratories.”

The money allocated to the laboratories includes $230 million in operating funding and $171 million for capital projects…

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