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Science and Research committee  Well, we are completely carbon-free with no atmospheric emissions, so I think that goes to say where it would be in terms of priority. However, as I mentioned at the beginning, there's room for all of these technologies to meet our future energy needs. We say that really the on

November 28th, 2022Committee meeting

Amee Barber

Science and Research committee  I would reinforce our ask for the government to be an equity partner through warrants, and to invest in a long-term program that is stable and that takes us outside of traditional grant requirements that seek to limit capital investment in research and development, but I think it

November 28th, 2022Committee meeting

Amee Barber

Science and Research committee  I think we have to consider creative partnerships like the one we put forward in terms of strategically partnering with the U.K. as an equity partner, leveraging the private interest in fusion and considering the fact that the Canadian government would get direct returns on its i

November 28th, 2022Committee meeting

Amee Barber

Science and Research committee  Approximately, if combined, it equals about $100 million over the 20 years. We are very grateful for that. That funding will come to a close at the end of 2023.

November 28th, 2022Committee meeting

Amee Barber

Science and Research committee  Absolutely. It's been critical to us.

November 28th, 2022Committee meeting

Amee Barber

Science and Research committee  We do have a timeline to be on the grid that's relatively comparable. We have received government funding in terms of SIF, IRAP and SDTC, but again, we are seeking a larger strategic partnership in contributions, say, with the government. We have proposed a structure whereby it w

November 28th, 2022Committee meeting

Amee Barber

Science and Research committee  We have here all of the components we need. We have the labs. We have the fuel source out of Ontario, with the Canadian Nuclear Laboratories. We have utilities that are interested in the transition. I was just in Alberta, and they would have transitioned away from coal much earli

November 28th, 2022Committee meeting

Amee Barber

Science and Research committee  We have actually attracted a significant amount of investment into our company. We are one of seven of the 40 companies that have obtained over $200 million U.S., and we are the only Canadian horse in the race. I do believe that we can attract more funding by demonstrating at-ho

November 28th, 2022Committee meeting

Amee Barber

Science and Research committee  Do you mean in terms of public or private investment?

November 28th, 2022Committee meeting

Amee Barber

Science and Research committee  In private investment, I do believe that we are attracting quite a bit of attention proportionately. Again, I think it comes down to the public sector endorsement of fusion energy. The White House, in 2022, just this past March, released what's called “a bold decadal vision for.

November 28th, 2022Committee meeting

Amee Barber

Science and Research committee  It's in the process of doing that, and we are confident. There are regulatory engagements and engagement at all ministerial levels, but we are hoping for a national declaration and endorsement of fusion energy.

November 28th, 2022Committee meeting

Amee Barber

Science and Research committee  We've been doing this for 20 years.

November 28th, 2022Committee meeting

Amee Barber

Science and Research committee  It's a good question. As I mentioned, our research and our labs will remain within Canada as we're building out the fusion program there. We did receive support from the United Kingdom Atomic Energy Authority for capital expenditures, which is something that is limited within ou

November 28th, 2022Committee meeting

Amee Barber

November 28th, 2022Committee meeting

Amee Barber

Science and Research committee  Also, there is no current regulation for fusion energy. We are very eager to see an opportunity to build out our first commercial site within Canada and have struck a number of partnerships with entities like Bruce Power and the Canadian Nuclear Laboratories to—ideally—bring that

November 28th, 2022Committee meeting

Amee Barber