New Brunswick SMR company hasn’t been given most of the millions Ottawa promised it

Saint John-based Moltex Energy Canada has received only $16 million of the $50.5 million the federal government said it would provide the small modular nuclear reactor developer that’s now about to be sold. ---- And the feds say there are safeguards on the money that requires Moltex to remain incorporated in Canada throughout the term of the agreement, and that future benefits, such as jobs and R&D, must also remain in the country. --- That’s as at least some of the money already handed out may also need to be repaid to Ottawa if conditions aren’t met. --- Meanwhile, they’re stipulations that don’t seem to appear on the millions the New Brunswick government provided Moltex in previous years. https://tj.news/new-brunswick/n-b-smr-company-hasnt-been-given-most-of-the-millions-ottawa-promised-it