Abstract Atomic Energy of Canada Limited (AECL) is the original developer of the CANDU ® reactor, one of the three major commercial power reactor designs now used throughout the world. For over 60 years, AECL has continued to evolve the CANDU design from the CANDU prototypes in the 1950s and 1960s through to the second-generation reactors now in operation, including the Generation II+ CANDU 6. The next phase of this evolution, the Generation III+ Advanced CANDU Reactor™ (ACR™), continues the strategy of basing next generation technology on existing CANDU reactors. Beyond the ACR, AECL is developing the Generation IV CANDU Super Critical Water Reactor. Owing to the evolutionary nature of these advanced reactors, advanced technology from the development programs is also being applied to operating CANDU plants, for both refurbishments and upgrading of existing systems and components. In addition, AECL is developing advanced technology that covers the entire life cycle of the CANDU plant, including waste management and decommissioning. Thus, AECL maintains state-of-the-art expertise and technology to support both operating and future CANDU plants. This paper outlines the scale of the current core knowledge base that is the foundation for advancement and support of CANDU technology. The knowledge base includes advancements in materials, fuel, safety, plant operations, components and systems, environmental technology, waste management, and construction. Our approach in each of these areas is to develop the underlying science, carry out integrated engineering scale tests, and perform large-scale demonstration testing. AECL has comprehensive R&D and engineering development programs to cover all of these elements. The paper will show how the ongoing expansion of the CANDU knowledge base has led to the development of the Advanced CANDU Reactor. The ACR is a Generation III+ reactor with substantially reduced costs, faster construction, and enhanced passive safety and operating margins. The ACR is also the basis for the Generation IV Super Critical Water Reactor, which extends operation to higher temperatures and pressures.