Bruce Power

Bruce Power

Nuclear power generator delivering low-cost electricity

Overview

Bruce Power runs two nuclear plants on the shores of Lake Huron, Bruce A and Bruce B, each with four CANDU reactors. The company refurbished all four units at Bruce A over the last decade, adding 3,000 megawatts of clean, low-cost electricity. Together with Bruce B, the sites generate 6,400 megawatts and supply about 30% of Ontario’s electricity at roughly 30% less than the average residential power price. It is a private Canadian partnership involving TransCanada, Borealis Infrastructure, the Power Workers’ Union, and The Society of Energy Professionals, with many employees owning part of the business. Bruce Power emphasizes safety, community, integrity, and diversity, and operates a Visitors’ Centre for public education. Its goal is to provide reliable, affordable, low-carbon electricity to Ontarians while maintaining high safety and community standards.

Significant Headcount Growth

About Bruce Power

Simplify's Rating
Why Bruce Power is rated
B
Rated A on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Energy

Healthcare

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$1B

Headquarters

Kincardine, Canada

Founded

2001

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Simplify's Take

What believers are saying

  • Ontario’s May 7, 2026 $300 million predevelopment deal de-risks Bruce C planning.
  • Unit 3 returned June 8, 2026, seven months early and $150 million under budget.
  • Bruce Power’s January 2026 ABB and July 2026 Shawflex contracts secure long-dated Canadian supply chains.

What critics are saying

  • Bruce C still awaits federal review, and any denial kills the growth story.
  • Indigenous consultation disputes, highlighted July 2026, can delay licensing, permits, and construction timelines.
  • Union jurisdiction fights and multi-billion refurbishment execution risks can inflate costs and erode credibility.

What makes Bruce Power unique

  • Bruce Power operates Ontario’s only large private nuclear fleet, anchored by 25-year expertise.
  • Its Life-Extension Program extends Bruce site operations through 2064, with Unit 3 finished early.
  • Bruce C planning, with Worley and Ontario, targets up to 4,800 MW expansion.

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Funding

Total Funding

$1B

Above

Industry Average

Funded Over

1 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Flexible Work Hours

Hybrid Work Options

Phone/Internet Stipend

Wellness Program

Mental Health Support

Growth & Insights and Company News

Headcount

6 month growth

4%

1 year growth

4%

2 year growth

4%
Bruce Power
Jul 24th, 2026
Bruce Power invites you to FunFest in Walkerton August 1 to mark company's 25th anniversary.

Bruce Power invites you to FunFest in Walkerton August 1 to mark company's 25th anniversary. 2026-07-24 Bruce Power invites you to celebrate the company's 25th anniversary at its annual FunFest, being held Saturday, Aug. 1, at the Walkerton Arena, from 11 a.m. to 5 p.m. This free event will feature plenty of family fun, including reptile and magic shows, rock climbing, inflatables, face painting, musical entertainment, and a caricaturist, as well as activities with the Nuclear Innovation Institute's Explore program. In addition, sno-cones, candy floss, popcorn, and free merchandise will be available, while supplies last. Following the day's festivities, fireworks will take place at dusk at both Port Elgin and Kincardine beaches to mark Bruce Power's 25th anniversary, which was May 11. "This will be a fun-filled day for all ages," said Maggie Tieman, Bruce Power's Director of Community and External Affairs. "We look forward to this event in the community every year and are excited to continue the tradition in Walkerton this summer. Join us for an afternoon of free food, entertainment, and family activities and amazing fireworks shows over Lake Huron that night!" Only barrier-free parking will be available on site, so Bruce Power encourage guests to take advantage of the free shuttle service that will run throughout Walkerton, beginning at 10:30 a.m. For more information on the parking locations, shuttle drop-off and pick-up details, and the schedule of events, visit brucepower.com/funfest. About Bruce Power. Bruce Power is an electricity company based in Bruce County, Saugeen Ojibway Nation Territory, Ontario. Bruce Power is powered by its people. Its 4,200 employees are the foundation of its accomplishments and are proud of the role they play in safely delivering clean, reliable nuclear power to families and businesses across the province and cancer-fighting medical isotopes around the world. Bruce Power has worked hard to build strong roots in Ontario and is committed to protecting the environment and supporting the communities in which Bruce Power live. Formed in 2001, Bruce Power is a Canadian-owned partnership of TC Energy, OMERS, the Power Workers' Union and The Society of United Professionals. Learn more at www.brucepower.com and follow Bruce Power on Facebook, X, LinkedIn, Instagram, and YouTube.

The Kincardine Record
Jul 21st, 2026
Hindu Culture Open House set for Aug. 15 in Victoria Park, Kincardine.

Hindu Culture Open House set for Aug. 15 in Victoria Park, Kincardine. The Swajan Samanvay Sanatan Centre, in partnership with Bruce Power, is inviting residents and visitors to the fifth annual Hindu Culture Open House, Saturday, Aug. 15, from 2:30-5:30 p.m., in Victoria Park, Kincardine. This free community event welcomes everyone, regardless of faith, culture, or background, to experience Hindu traditions, connect with neighbours, and celebrate the diversity that makes the region stronger. The afternoon will feature opportunities for guests of all ages to learn, participate, and enjoy cultural experiences, including: * A colourful community parade through Victoria Park * Yoga and meditation sessions promoting health and wellness * Interactive cultural exhibits showcasing Hindu traditions, art, history, and philosophy * Complimentary traditional Indian cuisine * Music and dance performances * Hands-on activities, including henna art, friendship-band tying, and trying on traditional attire * Opportunities to connect with local families, volunteers, and community organizations The open house was founded by Chandra Tripathi as part of the Kincardine Multicultural Celebration initiative, with the goal of bringing people together through dialogue, understanding, and shared experiences. Over the past five years, the event has grown into a valued community gathering, creating opportunities for residents from across Grey, Bruce, and Huron counties to connect, learn from one another, and celebrate cultural traditions. Through this annual celebration, the Swajan Samanvay Sanatan Centre continues to promote the values that connect communities - respect, compassion, friendship, service, and belonging. Residents are invited to enjoy an afternoon of food, music, culture, and conversation. Whether you are interested in learning about Hindu traditions, trying new food, enjoying performances, participating in activities, or meeting new people, everyone is welcome. "The Hindu Culture Open House is about more than sharing traditions - it is about creating opportunities for people to gather, learn from one another, and build friendships," says Tripathi. "When we share our stories, food, music, and experiences, we strengthen the connections that make our community welcoming and inclusive." Come as a guest; leave as a friend.

Kincardine Record
Jul 7th, 2026
Bruce Power signs 12-year master supply agreement with Shawflex.

Bruce Power signs 12-year master supply agreement with Shawflex. Bruce Power has signed a 12-year master supply agreement with Shawflex, strengthening a long-standing Canadian partnership that supports clean energy production, fuels economic growth, and reinforces the strength of Ontario's nuclear supply chain. The agreement, highlighted Tuesday (July 7) at Shawflex's Vaughan facility as part of the Organization of Canadian Nuclear Industries (OCNI) supplier engagement event, will see Shawflex, a division of MATTR Corp., provide highly-engineered electrical wire, cable, components and assemblies to support Bruce Power's ongoing operations and future projects. Building on a strong history of collaboration, the agreement reflects Bruce Power's commitment to sourcing from Canadian suppliers while supporting Shawflex's continued investment in its Ontario manufacturing capabilities. This work will help sustain and grow highly-skilled jobs while enhancing supply-chain readiness for nuclear refurbishment, life-extension activities and potential new-build opportunities. Shawflex will support critical work across Bruce Power's site, including maintenance programs, Major Component Replacement (MCR) projects, and life-extension initiatives that help provide reliable, carbon-free electricity for Ontario. The agreement also positions both organizations to support future nuclear development, including broader energy infrastructure investments across Canada. "Bruce Power is proud to work with Canadian companies, such as Shawflex, to deliver the reliable, clean electricity Ontario families and businesses depend on every day," said David Furr, vice-president of supply chain at Bruce Power. "This long-term agreement strengthens our domestic supply chain, supports good-paying jobs, and ensures we have the right partners in place to deliver complex projects safely and efficiently for years to come." "This agreement reflects Shawflex's role as a trusted Canadian supplier to the nuclear industry and our continued investment in advanced manufacturing in Ontario," said Jarrod Shugg, vice-president and general manager of Shawflex. "We are proud to support Bruce Power's operations and future projects with high-quality, engineered cable solutions that meet the demands of one of the world's leading nuclear facilities." Bruce Power's Life-Extension Program is one of Canada's largest clean-energy infrastructure projects, helping to secure Ontario's electricity supply while driving billions in economic activity and supporting tens of thousands of jobs across the province and country. Partnerships, such as this one, are critical to ensuring supply-chain readiness as nuclear projects continue to expand in Ontario and across Canada. The agreement announcement coincides with OCNI's supplier engagement event, which brings together utilities, suppliers, government representatives and industry stakeholders to strengthen collaboration and provide insight into upcoming project opportunities across Canada's nuclear sector. "Supplier engagement remains a critical component of ensuring Canada's nuclear supply chain is aligned, informed, and ready to deliver," said Ivette Vera-Perez, OCNI president and chief executive officer. "By bringing together suppliers, utilities, and partners in a focused setting, we are helping to create the conditions for stronger collaboration and more effective project execution."

Kincardine Record
Jun 2nd, 2026
Bruce Power launches Regional Municipal Readiness Assessment Fund in planning for Bruce "C"

Bruce Power launches Regional Municipal Readiness Assessment Fund in planning for Bruce "C" Bruce Power has launched a $1-million Regional Municipal Readiness Assessment Fund to support municipalities across Bruce, Grey, and Huron counties in advancing planning related to the proposed Bruce "C" project. The new fund builds on previously-announced pre-development initiatives, including the recently-announced cost-sharing agreement between Bruce Power and the Government of Ontario for ongoing readiness activities, such as technology selection, workforce and commercial planning, estimating the cost of site preparation activities, developing cooling water strategies, community readiness, and Indigenous engagement in addition to continuing the Impact Assessment (IA) process. As of June 1, municipalities at both the county and local levels are eligible to apply for funding. The initial application intake will run through Aug. 1, with successful projects to be selected by Sept. 1. Individual projects are expected to be completed by the end of 2027 and must not exceed $75,000 in total cost. "Our government is focused on building a strong economy and ensuring Ontario has the reliable, clean energy it needs to power growth for decades to come," said Huron-Bruce MPP Lisa Thompson. "Bruce Power's Regional Municipal Readiness Assessment Fund is a welcome investment that will help communities across Bruce, Grey and Huron prepare for the opportunities associated with the proposed Bruce 'C' project. By supporting local planning and infrastructure readiness, this initiative will help municipalities attract investment, create good-paying jobs, and support sustainable growth, all while ensuring communities remain strong, vibrant places to live and work." The fund is designed to support studies and assessments that help municipalities prepare for the potential opportunities and impacts associated with the Bruce "C" project, including: * Transportation infrastructure * Housing and workforce accommodation needs * Water and wastewater infrastructure * Land development planning * Labour and workforce development * Social infrastructure, including education, health care, and community services "This fund is about ensuring that communities across our region have access to the information and planning tools they need," said Pat Dalzell, Bruce Power's vice-president of corporate affairs and market development. "The Bruce 'C' project represents a significant, long-term opportunity for Ontario, and we are committed to working alongside our neighbouring municipalities to support thoughtful, responsible planning that reflects both local priorities and regional growth." The total value of the fund is $1-million, and if all funding is not allocated through the initial intake, Bruce Power will consider a future intake to support additional projects. "Municipal leadership is critical in planning for large-scale infrastructure opportunities," said Dalzell. "This new fund will help to ensure communities are well-positioned to capture economic benefits while maintaining the services and quality of life residents depend on." The application package has been sent to municipalities directly and is available by request ([email protected]). In addition to this funding program, Bruce Power has entered into dedicated funding agreements with the Municipality of Kincardine, the Town of Saugeen Shores, and Bruce County. These agreements will provide annual funding over a four-year period for these municipal governments to undertake infrastructure and readiness planning work. The Bruce "C" project represents a long-term planning initiative aimed at supporting Ontario's growing electricity needs, economic competitiveness, and clean energy goals, while ensuring that decisions are informed by rigorous technical analysis and meaningful engagement with Indigenous peoples, municipalities, and local communities. Recent independent analysis and community polling underscore both the scale of the opportunity and strong local support for the proposed Bruce "C" project. An Ontario Chamber of Commerce-led economic impact assessment estimates the project could contribute more than $238-billion to Canada's gross domestic product (GDP) over the project's lifespan, while creating and sustaining an estimated annual average of 18,900 jobs nationwide during site preparation and construction. At the same time, independent Ipsos polling conducted in Bruce, Grey and Huron counties found that more than eight-in-10 residents (86 per cent) support exploring the Bruce "C" project, with nine-in-10 (91 per cent) believing it would be good for the community, reflecting growing awareness of the project and its potential economic and community benefits.

Kincardine Record
May 31st, 2026
Backpacks donated to local skilled trades students.

Backpacks donated to local skilled trades students. The Grey-Bruce Ontario Youth Apprenticeship Program, in partnership with Bruce Power, is honouring students from the Bluewater District School Board and Bruce-Grey Catholic District School Board who recently participated in the 2026 Skills Ontario Competition. The competitors are receiving new backpacks, donated by Bruce Power, in celebration of their achievements and to help equip them for the future. Each backpack includes a letter from Bruce Power recognizing their incredible accomplishments at the provincial challenge, along with some other resources and handy items as they consider career pathways. Representatives from the youth apprenticeship program and Bruce Power visited the Bluewater District School Board education centre in Chesley, Thursday, to share the generous donation and demonstrate their ongoing support of students and the skilled trades. Bruce Power's Dan Miller (left), manager of talent acquisition, and Carly Reid, human resources assistant/talent acquisition, join Justin Graham, Ontario Youth Apprenticeship Program recruiter, in presenting the backpacks at the Bluewater District School Board education centre in Chesley, Thursday

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