$418 million for South Bruce to host nuclear waste project
If the Municipality of South Bruce permanently houses Canada’s used nuclear fuel, it will be paid $418 million over the next 138 years to do so.
That’s the overall financial benefit that will be paid to the municipality by the Nuclear Waste Management Organization, according to a hosting agreement released by South Bruce on Monday.
The hosting agreement lays out the financial benefits to the community and the details of how the multi billion dollar project would proceed if it were to end up being built under 1,500 acres of farmers’ fields north of Teeswater.
South Bruce, which has 5,800 residents, will decide if they want to permanently house Canada’s most radioactive waste in an underground facility during a community vote on October 28, 2024.
The only other community still in the running to host the project signed their hosting agreement with the Nuclear Waste Management Organization last month. Under that agreement, Ignace is to receive $170 million over the next 80 years.
The Nuclear Waste Management Organization (NWMO) plans to pick between South Bruce and Ignace by the end of the year.
South Bruce council is expected to debate, and most likely, sign their hosting agreement with the NWMO on Wednesday night.
The Saugeen Ojibway Nation, whose territory the proposed project would be built on, must also agree to be a willing host before the project could proceed.
CTVNews.ca Top Stories
Community mourns victims of fatal boat crash near Kingston, Ont.
The three people killed in last weekend's tragic collision between a speedboat and a fishing boat north of Kingston are being remembered Friday.
A woman took her dog to a shelter to be euthanized. A year later, the dog is up for adoption again
Exhausted and short on options after consulting two veterinary clinics, Kristie Pereira made the gut-wrenching decision last year to take her desperately ill puppy to a Maryland shelter to be euthanized.
Humboldt Broncos crash victims and families react to decision to deport truck driver
The family of one of the victims of the Humboldt Broncos bus crash in 2018 says they are 'thankful' for a decision by a Calgary immigration board to deport the driver of the truck involved.
'God forgives but we don’t': Loud outburst from stabbing victim’s family during sentencing hearing
An emotional outburst in a London, Ont. courtroom Friday disrupted the sentencing hearing of a woman who pleaded guilty for her part in the death of 29-year-old Mohammed Abdallah.
American Airlines drops law firm that said a 9-year-old girl should have seen camera on toilet seat
American Airlines has replaced the law firm that told a judge a nine-year-old girl was negligent in not noticing there was a camera phone taped to the seat in an airplane lavatory.
Luciano Benetton says he's stepping down as chairman of family-run brand as losses top US$100 million
Luciano Benetton, a co-founder of the apparel brand, announced he was stepping down as chairman in an interview published on Saturday with Milan daily Corriere della Sera. He blamed current management for losses of 100 million euros (US$108.5 million) that he discovered last year.
Toddler dies after being struck by recycling truck in Barrie, Ont. neighbourhood
A toddler has died after being struck by a recycling truck in a Barrie, Ont. neighbourhood on Thursday afternoon.
1 dead, 3 in hospital after flying wheel crashes into bus windshield on QEW
A man is dead, and three others are in hospital after a flying wheel crashed into a coach bus on the QEW in St. Catharines.
How to keep insects out of your house, according to an entomologist and other experts
Now that temperatures have warmed up even more this spring, you may be anxious at the thought of bugs invading your home or you may already be battling the pests. Here are expert tips on how to keep them away.