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AtkinsRealis gains on Canada’s expanded nuclear strategy (opens original article in a new tab)

TL;DR

AtkinsRealis shares surged after Canada announced plans to expand its nuclear program with new reactors using Candu technology, supported by government modernization efforts and export goals.

  • AtkinsRealis shares rose 8.8% on Monday following Canada's expanded nuclear strategy announcement
  • Canadian government plans to build up to 10 large nuclear reactors using Candu technology
  • Candu reactor design will be modernized with government support and AtkinsRealis as exclusive licensee
  • Canada aims to double uranium exports and gain four new international Candu markets by 2040

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