Canada's ambitious new nuclear strategy has called for private investment to help expand the industry. Given that nuclear power plants are notoriously expensive to build, the government will have to heavily de-risk the ventures to attract large investors, like pension funds.

Canada needs to prioritize investing in wind, solar, and battery storage, in addition to its costly, slow-moving $100-billion nuclear power expansion, argues David Olive.

Canada's ambitious new nuclear strategy has called for private investment to help expand the industry. Given that nuclear power plants are notoriously expensive to build, the…