The updated multi-year funding agreement between the Municipality of South Bruce and the Nuclear Waste Management Organization (NWMO) has been signed.
The agreement includes funding for core activities, such as administration, staffing, studies and peer reviews, and learning opportunities organized by the South Bruce Nuclear Exploration Team, the municipal department focused on the NWMO Project.
The Multi-Year Funding Agreement provides the Municipality with funds as a potential host community in the site selection process for the NWMO's Project to store Canada's used nuclear fuel in a deep geological repository.
The Agreement states that the funding does not constitute consent to hosting the Project.
"The Multi-Year Funding Agreement allows us to continue to explore the NWMO Project as a community, without adding any financial burden to our taxpayers," said Mayor Robert Buckle. "As a result, we are able to conduct a number of independent studies and peer-reviews, which that will provide important information to our residents to help them make an informed decision about the Project."
