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Implementing Canada’s Long-Term Plan

Case Study  NWMO  Article Hero 1536x1040
Implementing Canada’s Long-Term Management Plan 
The Nuclear Waste Management Organization (NWMO) is responsible for designing and implementing Canada's plan for the safe, long-term management of used nuclear fuel. NWMO is a not-for profit organization established in 2002 under Canada’s Nuclear Fuel Waste Act. Canada’s plan requires used fuel to be contained and isolated in a deep geological repository. The comprehensive site selection process, launched by NWMO in 2010, called for approximately 1,500 acres of land, with informed and willing hosts for the project.  

Providing Strategic Support for the Complex Process 
In 2019, NWMO engaged a multi-disciplined team from Colliers to provide integrated strategic and program management support for NWMO’s Land Access Process, including process and deal advisory, risk and governance reporting, land and property valuation, brokerage, and transaction advisory. In 2020, NWMO signed agreements with multiple interested landowners that allow sufficient access to land for continued study of a potential deep geological repository location to implement Canada’s plan. The site selection process is expected to conclude by 2023, subsequently proceeding into further site-specific characterization, design and regulatory processes. 

For More Information, Please Contact:

David Bowden

Vice Chairman, Head of Strategy & Consulting Group

Vancouver

With more than 40 years of experience in the commercial real estate industry, including serving as CEO I Canada at Colliers International for 14 years, David assumed the role of Vice Chairman and Head of Strategy and Consulting I Canada on March 31, 2020. In this role, David integrates Colliers’ existing consulting practices into a national Real Estate Strategy & Consulting entity, building on operations to deliver the best real estate solutions for investors, institutions and corporate clients with significant real estate assets and portfolios.

David is highly regarded for his deep connections and innovative business perspective, providing strategy and guidance on best practices in corporate leadership, change management and innovation.

David holds a Bachelor of Commerce in Urban Land Economics from the University of British Columbia and is a member of REALPAC. Consisting of fewer than 100 members, REALPAC is the national industry association dedicated to advancing the vitality of Canada’s real estate sector. 

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