South Bruce signs nuclear waste hosting agreement [Video]

During one of South Bruce council’s shortest ever meetings, councillors may have made one of the biggest decisions in the community’s history.

“This is the biggest opportunity of economic development, South Bruce probably will ever see,” said Municipality of South Bruce Mayor, Mark Goetz.

South Bruce has signed a hosting agreement with the Nuclear Waste Management Organization (NWMO) that maps out what will happen if the community decides to host Canada’s first permanent nuclear waste facility.

“It’s a very important moment for the community, because when they make their decision, they need to know what they’re deciding on. The agreement gives them a lot of that information,” said Nuclear Waste Management Site Selection Vice-President, Lise Morton.

Along with guarantees about only burying Canadian-produced used nuclear fuel in the $26-billion underground facility, and assurances about safety and future co-operation, the community of 5,800 residents will be paid $418 million over 138 …