$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
'Some structural damage' from wildfire near Fort Nelson, B.C., mayor confirms
More than one home has been damaged or lost due to a massive wildfire outside of the B.C. community of Fort Nelson, the mayor confirmed Wednesday.
'Very expensive lunch': Sask. driver says he got a cellphone ticket for using his points app in the drive-thru
A warning from a Saskatoon driver about using your fast-food app while in the drive-thru line — a trip to get some free lunch cost him a lot more than he bargained for.
B.C. YouTuber ordered to pay $350K for 'relentless' online defamation campaign
An 'unrepentant' YouTuber has been ordered to pay $350,000 in damages as compensation for a 'relentless' campaign of defamation waged online against a business owner and his company, the B.C. Supreme Court has ruled.
Chief says grave search at B.C. residential school brings things 'full circle'
Chief Robert Michell says relief isn't the right word to describe his reaction as the search begins for unmarked graves at the site of a former residential school he attended in northern British Columbia.
'Endless Shrimp' just one misstep for Red Lobster as it eyes bankruptcy protection
While it's unclear what these closures might mean for the 27 restaurants in Canada, Red Lobster is expected to file for bankruptcy protection in the U.S. this month.
B.C. man shot sex worker in the back during drug-fuelled birthday, court hears
A man from B.C.'s Lower Mainland has been sentenced to four years behind bars after shooting a sex worker in the back during a drug-fuelled 43rd birthday.
'Inhumane conditions': 68 dogs pulled from Winnipeg home
Nearly six dozen dogs were seized from a home Wednesday morning by the Winnipeg Humane Society. It is the largest known seizure of animals in the city’s history.
Ontario's 'Crypto King' Aiden Pleterski arrested
Of the $40-million Aiden Pleterski was handed over two years, documents show he invested just over one per cent and instead spent $15.9 million on "his personal lifestyle." The 25-year-old Oshawa, Ont. man was arrested and charged with fraud and money laundering on Tuesday.
Driver said he smoked pot oil, took medication before Florida crash that killed 8 Mexican workers
A man with a long record of dangerous driving told investigators he smoked marijuana oil and took prescription drugs hours before he sideswiped a bus, killing eight Mexican farmworkers and injuring dozens more, according to an arrest report unsealed Wednesday.