The agreement approved by Council on Tuesday (7th) will 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.
In a news release, 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 Municipality says the agreement states that the funding does not constitute consent to hosting the Project.
Teeswater is one of two sites in Ontario being considered for the construction of the DGR.