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Fusion energy has the potential to provide Canada with reliable and resilient clean energy to support net-zero by 2050 and beyond, Canadian Nuclear Laboratories (CNL) said at the Fusion Day 2024 event in Ottawa. Fusion research is now accelerating in maturity, moving from solving engineering problems to now building demonstrations and prototypes, it said, with some 98 currently operating fusion experiments and demonstration facilities globally, with 13 under construction and a further 33 planned. The market for commercial fusion has also grown rapidly, with more than 43 private fusion companies operating globally, attracting more than CAD8.2 billion (USD6 billion) in funding.

The CNL-led Fusion Energy for Canada report calls on the Canadian government to "promptly mobilise a fusion ecosystem through a clear policy and mandate, in order to capitalise on the economic benefits available from the domestic implementation of fusion energy and to support the international nuclear sector".