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Largest collective First Nations investment in nuclear generation in Canada establishes long-term Indigenous participation in Ontario’s energy future
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WILLIAMS TREATIES TERRITORY (COURTICE, Ontario), June 23, 2026 (GLOBE NEWSWIRE) — Today, the Williams Treaties First Nations announced a historic $700 million investment in Ontario Power Generation’s (OPG) Darlington New Nuclear Project (DNNP), marking the largest collective First Nations investment in nuclear generation in Canada. The investment will support the development of Canada’s first grid-scale Small Modular Reactor (SMR), the first such project in the G7.
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The investment brings together the Michi Saagiig and Chippewa Anishinaabeg Nations of the Williams Treaties, including Alderville First Nation, Curve Lake First Nation, Hiawatha First Nation, Mississaugas of Scugog Island First Nation, Beausoleil First Nation, Chippewas of Georgina Island First Nation, and Chippewas of Rama First Nation.
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The investment is supported by a loan guarantee provided by the Canadian Indigenous Loan Guarantee Corporation (CILGC), a wholly owned subsidiary of Canada Development Investment Corporation (CDEV). The Province of Ontario is a 50 per cent participating guarantor of the loan guarantee through the Indigenous Opportunities Financing Program administered by Building Ontario Fund (BOF).
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Structured to support long-term participation in the project, the transaction establishes the Nations as participants in one of Canada’s most significant energy infrastructure projects and creates a platform for future Indigenous participation in major infrastructure development across the Williams Treaties Territories.
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The announcement was made during an event hosted at the DNNP site by the Williams Treaties First Nations: Chief Taynar Simpson (Alderville First Nation), Councillor Jake King (Beausoleil First Nation), Chief Laurie Hockaday (Curve Lake First Nation), Chief Donna BigCanoe (Chippewas of Georgina Island First Nation), Chief Laurie Carr (Hiawatha First Nation), Chief Ted Williams (Chippewas of Rama First Nation), and Chief Kelly LaRocca (Mississaugas of Scugog Island First Nation).
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Joining the Chiefs were the Honourable François-Philippe Champagne, Minister of Finance and National Revenue of Canada; the Honourable Peter Bethlenfalvy, Ontario Minister of Finance; the Honourable Stephen Lecce, Ontario Minister of Energy and Mines; Lorne Coe, MPP for Whitby; Rudy Cuzzetto, MPP for Mississauga–Lakeshore and Parliamentary Assistant to the Minister of Energy and Mines. Also in attendance were Elizabeth Wademan, Chief Executive Officer (CEO), CDEV; Kristan Straub, President and CEO, CILGC; Michael Fedchyshyn, CEO, BOF; and Nicolle Butcher, President and CEO, OPG.
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