Implementing Canada’s Long-Term Management Plan
The Nuclear Waste Management Organization (NWMO) is responsible for implementing, collaboratively with Canadians and Indigenous people, Canada’s plan for the safe, long-term management of used nuclear fuel, in a manner that protects both people and the environment. The 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, located in an area with informed and willing hosts. The NWMO launched a comprehensive site selection process in 2010 and starting in 2019 opened a land access process for interested landowners in the area around South Bruce, to aggregate the approximately 1,500 acres of land needed to accommodate 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 in South Bruce 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.