Feds table Bill C-22 to raise Canada's nuclear liability cap from $75 million to $1 billion, in the wake of 2011′s Fukushima disaster in Japan, which led to tens of billions of dollars in civil damage claims.

The federal government has introduced legislation that will dramatically boost the civil liability ceiling for nuclear operators from $75 million to $1 billion.

Federal Natural Resources Minister Joe Oliver tabled Bill C-22, the Energy Safety and Security Act on January 30, 2014. 

The new cap would be first increase to the civil liability ceiling in 40 years. The current cap has been widely viewed as outdated, particularly in the wake of 2011′s Fukushima disaster in Japan, which led to tens of billions of dollars in civil damage claims.

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