Selecting and qualifying a fuel cladding material for the Canadian supercritical water-cooled reactor (SCWR) concept remains the most significant materials challenge to be overcome. The peak cladding temperature in the Canadian SCWR concept is predicted to be as high as 800°C. While advanced materials show promise for future deployment, currently, the best options available are austenitic stainless steels and nickel-based alloys. Many of these alloys were extensively studied for use as fuel cladding materials in the 1960s, as part of programs to develop nuclear superheated steam reactors. After extensive out-of-pile testing and consideration of the existing data, five alloys (347 SS, 310 SS, Alloy 800H, Alloy 625, and Alloy 214) were selected for more detailed assessment using a combination of literature surveys and targeted testing to fill in major knowledge gaps. Wherever possible, performance criteria were developed for key materials properties. This paper summarizes the methodology used for the assessment and presents the key results, which show that 310 SS, Alloy 800H, and Alloy 625 would all be expected to give acceptable performance in the Canadian SCWR concept.