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.