in si de ha lto n. co m O ak vi lle B ea ve r | T hu rs da y, N ov em be r 26 ,2 02 0 | 38 At Village Orthodontics in Oakville, we specialize in beautiful smiles using clear aligners and traditional braces. New Patients Welcome Schedule your complimentary consultation today! 647-496-1424 2-2983 Westoak Trails Blvd. Oakville villageortho.ca Book your Personalized Smile Consultation today Gift purchase is subject to applicable taxes. Subscription will be billed as a one-time fee, and will not renew at the end of the subscription period. No refunds or cancellations are available following gift purchase. Gift recipient must be an actual friend (with whom there is a personal relationship) or direct family member (spouse, common-law partner, parent or child) of the purchaser; other individuals are not eligible for this offer. If the subscription is cancelled by the gift recipient prior to the end of the fixed term, you will not be entitled to a refund. To redeem the gift subscription, gift recipient will be required to have or create a Torstar Account and agree to the Digital Access subscription terms at www.thestar.com/agreement. This offer is void where prohibited by law and may be revoked, terminated, cancelled or modified at any time, without notice (except where otherwise prohibited by law). This offer is not redeemable for cash or credit and may not be combined with any other discount, coupon or offer. Trusted news and balanced opinions aremore important than ever before. Visit www.thestar.com/gifts or phone us today at 1-855-687-5915. BEST VALUE Give the gift of trusted news $39 3-month Digital Subscription $69 6-month Digital Subscription $99 1-year Digital Subscription includes $25 gift card to An Oakville nuclear technolo- gy company has received a $20- million investment from the fed- eral government to make a small- er and more versatile nuclear re- actor a reality. Minister of Innovation, Sci- ence and Industry Navdeep Bains recently announced the invest- ment in Terrestrial Energy, locat- ed at 2275 Upper Middle Rd., E.. The investment is intended to help the company finish develop- ment of small modular nuclear re- actors (SMRs) and bring them to market. Officials with Terrestrial En- ergy said the money will also al- low them to create and maintain 186 jobs and create 52 co-op posi- tions. Bains said SMRs are being de- signed at a range of scales and have the potential to replace con- ventional coal and fossil genera- tion and help remote sites move off diesel with a non-emitting source of energy. "The Government of Canada supports the use of this innovative technology to help deliver cleaner energy sources and build on Can- ada's global leadership in SMRs," said Bains in a media release. "By helping to bring these small reactors to market, we are supporting significant environ- mental and economic benefits, in- cluding generating energy and re- ducing emissions, highly skilled job creation and Canadian intel- lectual property development." Minister of Natural Resources Seamus O'Regan described SMRs as "game-changing technology" with the potential to play a critical role in fighting climate change, and rebuilding Canada's post-CO- VID-19 economy. The reactor that Terrestrial Energy is in the process of devel- oping for commercial deployment is the Integral Molten Salt Reac- tor. The company said this reactor can provide safe, clean, reliable and cost-competitive energy for generating on-grid power and heat for industrial processes, such as hydrogen production. Terrestrial Energy's goal is for production of these reactors to be- gin before the end of the decade. Bains noted that during this two-and-a half-year-project, Ter- restrial Energy will engage with Canada's nuclear supply chain, potentially creating more than 1,000 jobs nationally. The company will also under- take gender equity and diversity initiatives, including increasing female representation in science, technology, engineering and mathematics fields. News of the investment was well received by Terrestrial Ener- gy CEO Simon Irish. "The Government of Canada is progressing with clear purpose to national deployment of SMRs, and it recognizes the great indus- trial and environmental rewards from nuclear innovation today," he said in a media release. The Government of Canada's contribution is being made through the Strategic Innovation Fund, a program designed to at- tract and support high-quality business investments across all sectors of the economy. NEWS INVESTING IN 'INNOVATIVE TECHNOLOGY' LOCAL COMPANY RECEIVES $20 MILLION TO BRING SMALLER NUCLEAR REACTORS TO MARKET DAVID LEA dlea@metroland.com A rendering of Terrestrial Energy's Integral Molten Salt Reactor. The company has received $20 million to finish development of this small modular nuclear reactor. Terrestrial Energy photo