Bruce Power operates eight CANDU reactors at the Bruce site on Lake Huron, generating about 30% of Ontario’s electricity under a long-term power purchase agreement with IESO. It also produces and exports medical isotopes, such as Cobalt-60 for sterilizing devices and Lutetium-177 for cancer therapies, using a system that enables both energy and isotope production. The company is privately funded and owned by a consortium, while the site itself remains provincially owned, with employees holding many shares; it funds its projects, including major reactor refurbishments. Its goal is to provide reliable, carbon-free electricity to Ontario and extend the reactors’ life to 2064 while expanding the global supply of medical isotopes.
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$1.6B
Headquarters
Kincardine, Canada
Founded
2001
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