An Economic Input-Output Assessment of Deploying Small Modular Reactors in Canadian Provinces and Territories

Abstract

This paper provides an assessment of potential economic benefits from deployment of small modular reactors in Canada. Previous studies on such assessments relied on parameters based on United States economic data. Therefore, there is a lack of knowledge about the potential economic benefits based on Canadian economic data. In this study, cost estimates of deploying a reactor in a province or territory are used in Statistics Canada’s Interprovincial Input-Output simulation model, which is based on Canadian economic data, to assess the economic benefits for each Canadian province, and territory. The economic benefits assessed are gross output, tax revenues, and employment. The results indicate an increase in gross output, tax revenues, and employment. In addition, the results show a potential increase in opportunities for achieving the economic benefits.