Global Edition
Global Edition
UK Edition
EU Edition
US Edition

Understand the story, not the spin.

Markets

Carney says AtkinsRéalis has strong Candu bid in Turkey

Published 23 October 2026

Prime Minister Mark Carney said AtkinsRéalis’ bid to supply Candu reactors for two planned Turkish power plants has a good chance of success, though Turkey has yet to decide the tender. He described the negotiations as intensifying and said competition remains. Carney made the assessment while meeting Turkish business leaders in Istanbul on Friday, October 23. He said the bid would have been a longshot a year earlier. The proposal would see AtkinsRéalis supply Candu nuclear reactors for both planned facilities. Carney said a decision by the Turkish government would likely come by the end of 2026 or around COP31, the United Nations climate conference scheduled for November 9 to 20 in Antalya, Turkey. His comments describe an expected timetable, not a confirmed decision date. No contract award has been announced. The bid is part of broader energy cooperation between Canada and Turkey. Carney announced a strategic partnership between the countries on October 22, with energy identified as one of its pillars. He said Canada’s technology, financing and business partnership could help its bid compete, while acknowledging that other bidders are in the field. During a June visit to...

Now playing
0:00 / 0:00