Close X
Sunday, September 22, 2024
ADVT 
National

Canada signs $3-billion deal to finance nuclear power in Romania

Darpan News Desk The Canadian Press, 19 Sep, 2023 02:23 PM
  • Canada signs $3-billion deal to finance nuclear power in Romania

Canada is helping to finance two new nuclear reactors in Romania, which that country's energy minister says will help diminish Russia's ability to use its energy exports as a weapon.

Canadian Energy Minister Jonathan Wilkinson signed the $3-billion deal with his Romanian counterpart, Sebastian Burduja, in Ottawa today.

The Canadian financing is limited to what Romania's nuclear operator spends to buy equipment and expertise from Canadian companies.

Burduja says the deal is partly about climate change, because it will help ease Romania's need to burn coal to make electricity.

But he says it is first and foremost about adding new non-Russian energy sources, and Romania is in talks to share with other countries in the region to ease their reliance on Russia, too.

Two Canadian-made Candu reactors already account for one-quarter of Romania's electricity supply and the two additional reactors will increase that to almost one-third.

 

MORE National ARTICLES

Coquitlam shooting victim identified as Karnvir Singh Garcha

Coquitlam shooting victim identified as Karnvir Singh Garcha
RCMP were called to the Foster Avenue and North Road area shortly before 9:30 p.m. for reports of a shooting on Sunday. When police arrived, they found Garcha with gunshot wounds.

Coquitlam shooting victim identified as Karnvir Singh Garcha

Elections BC bans Mark Marissen and municipal party over financing breach

Elections BC bans Mark Marissen and municipal party over financing breach
A news release from the elections body says the party and six of its eight candidates in last year's municipal vote failed to meet the filing deadline for finance reports in January this year.  The agency says the party's campaign finance report also disclosed violations, including an improper $50,000 loan and prohibited donations.

Elections BC bans Mark Marissen and municipal party over financing breach

Busy Canada Day weekend for Prince George RCMP

Busy Canada Day weekend for Prince George RCMP
A statement from the detachment says officers were called to everything from robberies and attempted robberies to the torching of a vehicle -- possibly by a suspect already wanted on two other warrants.

Busy Canada Day weekend for Prince George RCMP

"A preoccupation with failure." Why the Titan submersible was doomed from the start

Jack Rozdilsky, a professor at York University in Toronto,  says OceanGate's business — ferrying paying passengers to the floor of the North Atlantic — could be compared to the immensely risky work of companies that launch space flights, drill for offshore oil, fight wildfires or operate nuclear power plants.

"A preoccupation with failure." Why the Titan submersible was doomed from the start

Joly concerned for safety of India's diplomats, calls protest poster 'unacceptable

Joly concerned for safety of India's diplomats, calls protest poster 'unacceptable
The poster is the latest in a string of problems in recent weeks that have increased tension between Ottawa and New Delhi over Sikh separatists in Canada. A poster for the event circulating on social media includes photos of India's top two diplomats in Canada — High Commissioner Sanjay Kumar Verma and Toronto Consul General Apoorva Srivastava — and refers to them as "the faces of Niijar's killers in Toronto."

Joly concerned for safety of India's diplomats, calls protest poster 'unacceptable

Prime Minister Justin Trudeau travelling to Latvia and NATO summit in Lithuania

Prime Minister Justin Trudeau travelling to Latvia and NATO summit in Lithuania
Prime Minister Justin Trudeau will travel to Europe next week for the annual NATO leaders' summit. The two-day summit in Lithuania starts July 11 and comes as the alliance has agreed to extend the term of Secretary-General Jens Stoltenberg by another year.  

Prime Minister Justin Trudeau travelling to Latvia and NATO summit in Lithuania