This report assesses the potential economic and broader impacts of Westinghouse’s AP1000 Project in Canada Background Impacts assessed by PwC Westinghouse is seeking to manufacture and install four AP1000 PWR units in Canada and have commissioned Core areas assessed by PwC PricewaterhouseCoopers LLP (PwC) to perform an economic footprint analysis and broader impact assessment. The jobs, GDP, labour income, Westinghouse is one of the world’s leading nuclear energy companies, for example: and tax revenue associated with • Westinghouse has a longstanding legacy, having constructed the first ever commercial PWR in Westinghouse's AP1000 Project Economic Shippingport, Pennsylvania, in 1957. arising from: footprint • Capital expenditures • The AP1000 is the only Generation III+ reactor technology designed, built, and successfully deployed. Currently, five units are in commercial operation and an additional ten units are in procurement, • Ongoing operations construction and commissioning. • Westinghouse technology helps power 430 nuclear reactors globally, around 50% of operating nuclear Broader impacts of developing plants are based on Westinghouse technology. Westinghouse's AP1000 Project, • Westinghouse employs over 9,500 people across 21 countries, with 6,800 employees located in the focusing on its impact on: Americas region. • Skills training and development • Westinghouse’s current Canadian operations are headquartered in Peterborough, Ontario, employing • Support for local industry Broader more than 250 experts. The recent acquisition of Westinghouse by Brookfield Renewable Partners and clusters impacts Cameco has ensured that the company continues to be 100% Canadian-owned. • Contribution to Canada's climate change efforts • Westinghouse has been expanding its engineering base of operations in Canada in support of new nuclear projects (AP1000, AP300 and eVinci), including the opening in 2024 of a new engineering hub in • Adherence to high safety Kitchener, Ontario. Canada is now the 3rd largest engineering center for the Westinghouse AP1000 standards in power plant reactor with expectations of employing 200-400 engineers at this hub to support domestic and operations international units. Source: Westinghouse PwC | The Economic Impact of a Westinghouse AP1000 Reactor Project in Canada 11