Bob the plutonium cycle has been the dream of the nuclear industry from its inception. It is one of the main reasons the industry has failed. Myak and Hanford are the two most polluted places on the planet as a result of plutonium refining. Fast reactors require fuel that is at least 20 percent enriched thus spent fuel refining is required to produce this fuel with all of its problems and proliferation potential.
The industry is the ultimate example of proposing the same thing over and over again, each time expecting a different result.
To the best of my knowledge the once-through cycle is still the law of the land in the United States and it is favoured by many other countries who are seeking repositories.
I agree fossil fuels are a dead end. The end of that road however is a ways off and I prefer to see at least some of the remaining revenue from that industry ending up on this continent rather than going towards building towering infernos in the Middle East.
As for trying to entice U.S. startups to move to Canada, we have plenty of our own ideas struggling to get off the ground for lack of financing and provincial and federal governments are seeing a big chunk of their revenue drying up. This is simply a proposed way to finance the move to the future we both desire.
As to the nuclear industry the Canadian taxpayer lost its shirt on it, in no small part due to the lack of a solution to the waste problem.