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Agenda

Special Council Meeting


6:00 PM - Wednesday, May 1, 2024
Zoom and/or Council Chambers

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1. Call to Order

2. Land Acknowledgement

3. Addendum(s) to the Agenda

4. Disclosure of Pecuniary Interest and Nature Thereof


None

5. Reports

5.1. Report of the Project Manager


5.1.1. Proposed Hosting Agreement with NWMO
SBNET-01-05-24 - Pdf

6. By-laws:

2024-49 Being a By-law to Authorize the signing of a Hosting Agreement between the
Municipality of South Bruce and the Nuclear Waste Management Organization
By-Law #2024-49 Authorize Hosting Agreement_NWMO re DGR
Municipality of South Bruce
Council - May 1, 2024

7. Confirming By-law:
2024-50 Being a By-law to confirm the proceedings of the Council of the Corporation of the
Municipality of South Bruce

By-Law #2024-50 Confirmation - Special

8. Adjournment

Future Meetings:
May 14, 2024 6:00 p.m. Regular Meeting

May 28, 2024 6:00 p.m. Regular Meeting

June 11, 2024 6:00 p.m. Regular Meeting

Document Accessibility
We have made every attempt to make documents in this Council Package accessible but there may
still be difficulty in recognizing all of the information. Please contact us if you require assistance and
we will make every attempt to provide this information in an alternate format.
Please note that third party documents received and found within this document will not be converted
to an accessible format by the Municipality of South Bruce. However, we have attempted to obtain
these documents in an appropriate accessible format from the third party, wherever possible.
Report Title: Proposed Hosting Agreement with NWMO
Prepared By: Dave Rushton, Project Manager
Catherine Simpson, Community Engagement
Manager
Department: South Bruce Nuclear Exploration Team
Date: May 1, 2024
Report Number: SBNET-01-05-24
Attachments: Addressing 36 GP
Backgrounder Mapping Our Future
NWMO - Hosting Agreement

Recommendation(s)
That Council receives the report titled Hosting Agreement with the NWMO, report number SBNET-
01-05-24 for information.

Purpose of Report
To present, for Council's consideration, a Hosting Agreement with the Nuclear Waste Management
Organization including an analysis of how the 36 Guiding Principles have been or will be addressed.

The proposed Hosting Agreement ("Agreement") maps out what will happen if South Bruce decides
it is a willing host for the Project and is selected by the NWMO as the site for the Project. The
Agreement also sets out a path for South Bruce to exit the site selection process if the community
decides it is not a willing host or is not selected by the NWMO.

The Hosting Agreement sets out a roadmap for:


 Base Project Scope / Willingness, Community Support and Site Selection: establishing
parameters for the Community's Willingness to host and support for the Project, including the
types of waste that can and cannot be emplaced in the Project (Articles 2 and 3);
 Governance: establishing a Leadership Table and Implementation Committee (Article 4);
 Project Scope Modifications: outlining the types of permitted changes to the scope of the
Project and a process that NWMO must follow to gain South Bruce support for those changes
(Article 5);
 Regulatory Decision-making: securing the Municipality’s role in the regulatory decision-
making process, including major applications, the Impact Assessment and Canadian Nuclear
Safety Commission (CNSC) Licensing Process (Article 6);
 Financial Benefits: outlining the financial benefits the Municipality would receive from NWMO
(Article 7);
 Employment and Training Commitments: such as a Local Employment and Training Program
(Article 8);
 The Centre of Expertise: plans for its development and operations (Article 9);
 Local Protection Programs: such as the Property Value Protection Program and Business
Loss Protection Program (Article 10);
 Business Opportunities: creating a Business Opportunities Working Group (Article 11);
 Services and Infrastructure: planning for potential road improvements, Project water supply
and wastewater management, emergency services and housing needs (Article 12);
 Taxation and Fees: providing for payments in lieu of municipal property tax and the
application of other municipal fees and charges (Article 13);
 Municipal Authority: requiring compliance with South Bruce’s Official Plan, zoning and other
land use planning and development requirements that apply to the Project site (Article 14);
 A protocol on how the Municipality and the NWMO would communicate (Article 17); and a
dispute resolution process (Article 18).

Background and Analysis


The Municipality of South Bruce entered the Nuclear Waste Management Organization (NWMO) site
selection process in 2012, alongside 21 other communities in Canada. At the time, Council raised its
hand to learn more and consider the long-term community opportunities and impacts of hosting the
project that would store Canada’s used nuclear fuel in a deep geologic repository (DGR)

Over the last 12 years, the community has learned about the Project and what it would mean to
South Bruce in terms of both impacts and benefits. The South Bruce Community Liaison Committee
(CLC) was established in 2013 to provide education and engagement with the community. It carried
this out though more than 100 CLC meetings and participation in many community events.

In 2020, South Bruce became one of two remaining siting areas being considered as a host
community of the Project. As a result of this step, South Bruce entered into a Multi-Year Funding
Agreement (MFYA) that provides resources to support a significant review of the Project and to
determine if the Project was a fit for the community. Funding under the MYFA allowed South Bruce
to hire staff and several consultants to study the Project in detail and report back to the community.
The Municipality's costs to negotiate the Agreement were fully covered by the MYFA.

Summary
Addressing the 36 Guiding Principles
The 36 Principles were developed following a Project Visioning exercise and a substantial amount of
input from community members through correspondence to Council, staff, and other feedback. The
Principles were grouped into seven themes: Safety and Natural Environment, People, Community
and Culture, Economics and Finance, Capacity Building, Services and Infrastructure, Governance
and Community Engagement, and Regional Benefits.

The attached report on the 36 Guiding Principles includes an Executive Summary, a Principles at-a-
Glance table and a table with more than 450 references to documented activities related to specific
principles. Each of the 36 Guiding Principles has been addressed or will be addressed through a
future process.

Studies' Conclusions

Based on the study work done in the last four years, South Bruce’s lead consultant and independent
peer reviewer for the Project, GHD, has reached three key conclusions:

 Any concerns raised in the Socio-Economic Studies can be mitigated; and,


 There has been no reason discovered in the review of Safety and Environment to advise the
Municipality of South Bruce to stop the process of investigating the Project; and
 GHD's Peer Review Team is supportive of South Bruce continuing to work with the NWMO on
the next stages of the Project, should it be selected (federal Impact Assessment and CNSC
Licensing)
Agreement Details
The sections below summarize articles of the Agreement that would apply only if South Bruce
determines it is a willing host and is selected by NWMO as the site for the NWMO Project.

The attached Agreement spells out the obligations and opportunities for South Bruce to participate
with NWMO in this major project. A Summary of the Proposed Hosting Agreement that features
information to be shared with the media and public providing a brief, easy to understand highlight of
the Agreement is attached. It summarizes the background and speaks to the impact of willingness,
the municipal voice on the Project throughout its lifetime, benefits, and future directions.

Governance

The Agreement includes multiple communication streams between the Municipality and NMWO that
provide the Municipality with a voice in the Project.

These range from:


 Collaboration on housing;
 Joint committees on training;
 Opportunities for local businesses;
 Joint planning of engagement and education on Project modifications;
 Implementation Committee which functions at a staff level;
 Leadership Table – the Mayor and NMWO leadership meet periodically;
 Arbitration; and
 Presentations to a Regulator such as CNSC.

The Project, based on Adaptive Phase Management, includes mechanisms to consider scope
changes and provides structure for Municipal input during any changes.

Through the Agreement, South Bruce has positioned itself to be engaged as changes come
forward, with a process to educate the community on potential changes, engage professionals
to provide counsel on the impact of changes, and the opportunity to have an independent voice
at the regulatory hearings.

Financial Benefits

There was extensive research on the impact of the Project on the Municipality’s financial
position throughout the life of the Project. This research informed the Municipality's strategy in
negotiations with the NWMO on financial benefits. It was important to ensure that the Project
would have a positive impact on the Municipality’s finances. This includes the need for municipal
capacity to support growth through infrastructure, services, and economic development for the
attraction of people to live and work in the South Bruce community.

South Bruce has an asset management program that plans for the replacement of all municipal
assets at the end of their life. Like most communities in Canada, South Bruce’s asset
management plan is not fully funded. Assets required to support the Project require financial
support both now and in the future.

If the community is willing and selected as the host community for the Project, the Municipality of
South Bruce would receive significant financial benefits under the Agreement. If the Project
proceeds as planned, funding for the Municipality is anticipated to be $418 million through the
first 138 years of the Project’s life. In addition, NWMO will pay costs for any infrastructure
upgrades needed to serve the Project. A road-use agreement will be negotiated to cover the
related costs as outlined in the Hosting Agreement.

The Detailed Financial Benefits Table in the attached Hosting Agreement is what NWMO
anticipates providing South Bruce over the lifetime of the Project. The Agreement incorporates
processes to deal with changes to the anticipated Project schedule that could happen in the
future (including delays in meeting Project milestones). All financial benefits are indexed with the
Consumer Price Index and will change with inflation. Funds are available to be used at the
direction of Council.

Financial Benefits are organized into seven funding streams:F

Business Operations
Similar to the current Multi-Year Funding Agreement, this fund will provide for the staff and other
resources the Municipality will require to complete work related to the Project. Staff will be
needed to represent South Bruce through the regulatory phases as well as in ongoing matters,
dealing with activities such as a Road Use Agreement and for the potential use of water and
wastewater at the Project Site. In addition, there is extra support for consultation with experts
during the Impact Assessment and licensing process period. Any unused Business Operations
funds will be available for the Municipality to utilize for other purposes.

Milestone Payments
At key intervals in the project, payments are made for the achievement of these milestones. For
example the first Milestone Payment of $4 million would be due 60 days after the Municipality
determined that it is a willing host for the Project.

People Community and Culture


The Principles and the study work identified key areas important for South Bruce including
economic development, tourism, agriculture, training, infrastructure, capacity building, local
business support and recreation. This funding will help manage those areas and more.

Community Services
The socio-economic studies completed in 2022 described a variety of services that will be
needed to support the Municipality and attract new people to the community. The fund will
support these services.

Community Facilities
This offers funding for infrastructure needs to support growth in the community and not for
servicing the DGR site.

Special Facility Payment


This payment is to be made in lieu of municipal property taxes for the DGR site and will begin in
the year after site selection. The fixed annual payment is significantly higher than what would
otherwise be due to the Municipality in the planning, licensing, and construction phases of the
Project and avoids the risk of future disputes over the assessed value of the DGR for property
tax purposes.

Centre of Expertise Taxation


The Centre of Expertise facility will be in South Bruce. NWMO will pay Municipal property taxes
based on the MPAC assessment, South Bruce tax rates and zoning.
Centre of Expertise

In addition to the DGR Facility, the Centre of Expertise will be a significant addition to the
community. It will be home to a Visitor’s Centre and offices for many of the anticipated 200
people that will be working for the NWMO by 2028. It will also be available for use by the
Municipality for tourism, education, and training at no cost. Schedule D of the Agreement
provides greater detail.

Council Direction

As part of this process, the Municipality retained GHD to conduct a comprehensive public
engagement process on how the community should determine willingness - the "Willingness
Study" - that identified a preference for a public referendum. As a result, Council passed motion
M21- 686 in December 2021 directing staff to prepare for the submission of a question to the
electors by way of a by-election after the next regular election. Subsequently, in December of
2022, Council passed motion M22-672 confirming the previous Council's direction to staff set
out above.

On April 23rd, 2024, Council authorized a Question for the byelection with By-law #2024-45.

Conclusion

Staff has submitted an attachment on the Guiding Principles, detailing how the 36 Guiding
Principles either have been addressed, or will be addressed at later stages of the Project.

Having met the direction of Motion M22-671 from December 13, 2022, and Motion M21-686 of
2021, staff is now presenting a Hosting Agreement for Council’s consideration.

Link to Strategic Plan and Economic Development Strategic Objectives


Foundation Goals Open Government

Respectfully Submitted by: Dave Rushton


Approved by: Leanne Martin, CAO
Addressing the 36 Guiding Principles

Background Addressing the Principles


The Municipality of South Bruce entered the Nuclear Waste Some Guiding Principles relate to the site selection
Management Organization (NWMO) site selection process in 2012, process while others are Spring
relevant to subsequent phases
2024
alongside 21 other Canadian communities. At the time, South Bruce of the Project, if South Bruce is willing and selected to
Council opted to learn more and consider the long-term community host the DGR. There are Principles that can be addressed
opportunities and impacts of hosting the Project that would store through a straightforward commitment or have already
Canada’s used nuclear fuel in a deep geologic repository. been fulfilled. Some will require more information to fully
address after a site is selected. Processes, such as federal
In October 2020, South Bruce Council endorsed 36 Guiding Impact Assessment and licencing, will inform how some
Principles (the Principles) to help the Municipality evaluate and fully site-specific Principles are addressed.
understand the potential effects of hosting the NWMO Project in
South Bruce. The Principles are being considered and addressed
through a variety of means, including:
The Principles, were based on expectations, aspirations, key • Socio-economic and Environmental Studies with
concerns, and questions about the Project expressed by community independent Peer Reviews to better understand
members at a series of workshops in the winter of 2019-2020. The potential effects of the Project, how to mitigate risks
results were summarized in a Project Visioning report. Letters to and maximize opportunities
council, delegations and other community input received since 2012
also informed the development of the Principles. • The 2022 Memorandum of Understanding between
the Municipality and the NWMO, which set the
These Principles became the foundation of South Bruce’s continued, foundation for negotiations based on the Guiding
intensive review of the Project, guiding what studies were needed Principles
to understand potential impact, as well as guiding community • The 2024 Hosting Agreement which lays out
assessment and municipal discussion with the NWMO. commitments for different site selection scenarios

The Principles are organized into themes: Safety and the • Federal/Provincial Legislation and Processes
Environment (Principles 1-7), People, Community and Culture including Impact Assessment
(Principles 8-19), Economics and Finance (Principles 20-23), • South Bruce Council Motions and Bylaws
Capacity Building (Principles 24-27), Services and Infrastructure
• Existing Multi-Year Funding Agreement between the
(Principles 28-33), Governance and Engagement (Principles 34-35)
NWMO and the Municipality of South Bruce
and Regional Benefits (Principle 36).

1
Safety and the Environment Capacity Building
Principles 1-7 focus on safety and the environment. While study Participating in the site selection process requires hiring outside
work has informed these Principles, they will be addressed more expertise and added capacity – beyond what municipal taxpayers
fully through a federal Impact Assessment and/or the CNSC could support. This work is important for the Municipality to
licensing processes that would follow site selection. understand the potential effects of the project locally.

People, Community and Culture Principles 24 to 27 speak to how the NWMO will compensate
the Municipality for these costs. The current Multi-Year Funding
Principles 8 and 9 speak to community support for the Project.
Agreement addresses costs such as community wellbeing
Willingness to be a host community will be measured (Principle
investments, the hiring of consultants to peer review studies, and
9) by a community-driven process. The NWMO will respect the
the cost to develop the Municipality’s Housing Growth Strategy.
results of this process, which includes a referendum (Principle 8).
If the Municipality is selected, the Hosting Agreement commits
Principles 10-19 address local social and economic impacts, the NWMO to also fund municipal costs for taking part in the
including protecting businesses and property values, and regulatory process.
promoting tourism and agriculture. These are addressed through
NWMO programs, policy, and funding commitments described in Services and Infrastructure
the Hosting Agreement. As well, a community-benefits payment The Hosting Agreement includes funding for additional services
to South Bruce will support these goals. and infrastructure upgrades required for the Project. This will
address Principles 28 to 30 and it includes emergency services,
South Bruce has made commitments to Indigenous Reconciliation
infrastructure, and road networks. The Agreement also commits
per Principle 17. South Bruce acknowledges First Nations
NWMO to establish a road-use agreement with the Municipality,
stewardship of the land, is educating staff on reconciliation and
as noted in Principle 31.
continuing its dialogue with Indigenous communities.
As per Principle 32, the NWMO funding will also need to address a
Economics and Finance strategy for the demographic impacts of the Project. The Hosting
Principles 20 to 23 speak to opportunities for local business, local Agreement commits the NWMO to complying with municipal
employment, and training. As part of the Hosting Agreement, the official plan and zoning requirements.
NWMO commits to supporting local suppliers and businesses.
Governance and engagement/regional benefits
Principles 34-35 refer to governance – the voice and rights of
the Municipality in decision making related to the Project. These
Table 1 follows on the next page. It provides a high-level picture
Principles are described in detail in the Hosting Agreement.
of each Principle and the many sources that address it.
Table 2 includes a more detailed list of each study, section Principle 36 is a responsibility of the NWMO to demonstrate the
of the MOU or Hosting Agreement or other sources as they benefits to the region beyond South Bruce.
pertain to the Principles. It is found in the Appendix.

2
Table 1
Category Principle Guiding Principle Synopsis Studies and Principles em- Other ways
Number Memorandum of bedded in hosting principles are
Understanding in- agreement and addressed
formed by Principles federal processes

For exact wording, please review the 36 Guiding

Safety/Environment
Studies/Peer Reviews:

Socio-economic
Studies/Peer Reviews:

Memorandum of Understanding

Assessment and Licensing


Federal/Provincial Legislation, Impact

Hosting Agreement

resolutions and by-laws


South Bruce, including Council
Responsibility of the Municipality of

Agreement with NWMO


Funded by existing Multi-Year Funding
Principles document available on the Municipality of
South Bruce (MSB) website.

Safety and 1 Project subject to the highest standards of safety l l l l l


the Environ-
ment 2 Natural environment protection l l l l l
3 Safe and secure transportation of used fuel to site l l l l l
4 No international nuclear waste l l l
5 Project consistent with natural/agricultural character l l l

6 Keep Teeswater River access, minimize facility footprint l l l l


7 Mitigate construction/operation impacts l l l l l

3
Category Principle Guiding Principle Synopsis Studies and Principles em- Other ways
Number Memorandum of bedded in hosting principles are
Understanding in- agreement and addressed
formed by Principles federal processes

For exact wording, please review the 36 Guiding

Safety/Environment
Studies/Peer Reviews:

Socio-economic
Studies/Peer Reviews:

Memorandum of Understanding

Assessment and Licensing


Federal/Provincial Legislation, Impact

Hosting Agreement

resolutions and by-laws


South Bruce, including Council
Responsibility of the Municipality of

Agreement with NWMO


Funded by existing Multi-Year Funding
Principles document available on the Municipality of
South Bruce (MSB) website.

People, 8 NWMO demonstrates broad support in South Bruce l l


Community
and Culture 9 MSB and community develop willingness process l l l

10 NWMO identify/mitigate socioeconomic impacts l l l l


11 NWMO establish Property Value Protection Program l l l

12 NWMO establish business protection program l l l

13 NWMO/MSB promote local agriculture l l l

14 NWMO/MSB promote local tourism l l l

15 NWMO/MSB support youth investments/opportunities l l l l

16 NWMO promotes diversity, equality, inclusion l l

17 MSB recognize Indigenous stewardship and Reconciliation l l

18 NWMO to relocate majority of employees to South Bruce l l l

19 NWMO to establish Centre of Expertise in South Bruce l l l


4
Category Principle Guiding Principle Synopsis Studies and Principles em- Other ways
Number Memorandum of bedded in hosting principles are
Understanding in- agreement and addressed
formed by Principles federal processes

For exact wording, please review the 36 Guiding

Safety/Environment
Studies/Peer Reviews:

Socio-economic
Studies/Peer Reviews:

Memorandum of Understanding

Assessment and Licensing


Federal/Provincial Legislation, Impact

Hosting Agreement

resolutions and by-laws


South Bruce, including Council
Responsibility of the Municipality of

Agreement with NWMO


Funded by existing Multi-Year Funding
Principles document available on the Municipality of
South Bruce (MSB) website.

Economics 20 NWMO implements local employment/training strategy l l l l


and Finance
21 NWMO provide opportunities for qualified local l l l
businesses
22 NWMO procure local suppliers l l l

23 NWMO provide community benefit payments to MSB l l l

Capacity 24 NWMO covers costs for wellbeing and assessing l


Building willingness
25 NWMO funds engagement of experts for studies/reports l l

26 NWMO covers cost of participation in regulatory process l l

27 NWMO funds MSB Housing Plan l l l l

5
Category Principle Guiding Principle Synopsis Studies and Principles em- Other ways
Number Memorandum of bedded in hosting principles are
Understanding in- agreement and addressed
formed by Principles federal processes

For exact wording, please review the 36 Guiding

Safety/Environment
Studies/Peer Reviews:

Socio-economic
Studies/Peer Reviews:

Memorandum of Understanding

Assessment and Licensing


Federal/Provincial Legislation, Impact

Hosting Agreement

resolutions and by-laws


South Bruce, including Council
Responsibility of the Municipality of

Agreement with NWMO


Funded by existing Multi-Year Funding
Principles document available on the Municipality of
South Bruce (MSB) website.

Services 28 NWMO reviews/funds emergency service requirements l l l l


and Infra-
structure 29 NWMO funds necessary infrastructure upgrades l l l

30 NWMO funds necessary road network upgrades l l l

31 NWMO/MSB enter into road-use agreement l l l

32 NWMO provide strategy for demographic impacts l l l

33 NWMO complies with Official Plan and zoning l l l

Governance 34 NWMO provides MSB role in governance l l


/ Engage-
ment 35
NWMO continues stakeholder/community engagement l l

Regional 36
Benefits NWMO demonstrates Project will benefit the region l l l

6
Conclusion
The 36 Guiding Principles address a broad range
of topics important to the community and Council.
They fall under three main pillars:
• Safety for people and the environment

• Ensuring the Project brings meaningful


benefits to the community

• Ensuring the community has a voice in


decision making

Regulatory processes will ensure safety


requirements for people and environment are met.

The Hosting Agreement will provide meaningful


community benefits and ensure the municipality
has a voice in decision-making processes for the
Project.

The Municipality and the NWMO have either


addressed or have committed to address
the Principles through a future process. The
recommendations from studies, as well as the
commitments described in the MOU and confirmed
in the Hosting Agreement demonstrate action on
all the Guiding Principles. These continue to serve
an important purpose by advancing community
interests.

Municipality of South Bruce @municipalityofsouthbruce


P.O. Box 540 | 21 Gordon St. E
@municipalityofsouthbruce www.southbruce.ca
Teeswater, Ontario N0G 2S0
519-392-6623 @MunSouthBruce www.southbruceswitchboard.ca
7
Appendix – Table 2
Memorandum of Legislation & Other
Principle Study (PDF Page Number) Hosting Agreement Other
Understanding Agreements
Safety and the Natural Environment
Nuclear Fuel Waste
Radiation Safety Measures Householder
Act
September 7, 2023 CLC Presentation:
Preliminary
PR Report – Preliminary Radiological Safety (15, Preliminary Radiological Safety Study
Transport Plan,
16, 27)
NWMO 2021
October 5, 2023 CLC Presentation -
Impact Assessment
Preliminary Radiological Safety Study Environmental Baseline Program and Change
Act
Assessments

1. The NWMO must demonstrate to the Preliminary Radon Assessment for a Used Fuel February 1, 2024 CLC Presentation -
satisfaction of the Municipality that the Deep Geologic Repository, December 2020 Confidence in Safety, South Bruce
Project will be subject to the highest
Page 4 Preamble L
standards of safety across its lifespan of Deep Geological Repository Conceptual Design
construction, operation and into the distant Report, September 2021
future.
Confidence in Safety Report, December 2023
CNSC Licencing
October 5, 2023 CLC Presentation -
Emergency Services Study Environmental Baseline Program and Change
Assessments
Emergency Services Study Peer Review

Summary of Socio-economic Community Studies


and Peer Review Findings (12)

8
Memorandum of Legislation & Other
Principle Study (PDF Page Number) Hosting Agreement Other
Understanding Agreements
Safety and the Natural Environment
Deep Geological Repository Conceptual Design
Householder July 21, 2022 CLC Presentation - Local Traffic
and Roads
Aggregate Resources Study

PR Report Aggregate Resources Study Report Nuclear Safety and September 7, 2023 CLC Presentation:
(13, 19, 20, 31) Control Act, Section Preliminary Radiological Safety Study
24(4) CNSC
October 5, 2023 CLC Presentation -
Radiation Safety Measures Householder Regulatory
Environmental Baseline Program and Change
Document
Preliminary Radiological Safety Study Assessments
PR Report – Preliminary Radiological Safety (15, (REGDOC) 3.2.1
February 1, 2024 CLC Presentation -
16, 27)
Confidence in Safety, South Bruce
Roads and Traffic Householder
Road Conditions Study
Road Conditions Study Peer Review (20)
Local Traffic Study
Local Traffic Study Peer Review (25)
Summary of Socio-economic Community Studies
2. The NWMO must demonstrate to the
and Peer Review Findings (14)
satisfaction of the Municipality that
sufficient measures will be in place to ensure Preliminary Radon Assessment for a Used Fuel
the natural environment will be protected, Deep Geologic Repository, December 2020
Page 5 Preamble L
including the community’s precious waters,
Deep Geological Repository Conceptual Design
land and air, throughout the Project’s
Report, September 2021
lifespan of construction, operation and into
the distant future. Confidence in Safety Report, December 2023
Aggregate Resources Study
October 5, 2023 CLC Presentation -
Biophysical Conceptual Site Model Update and Environmental Baseline Program and Change
Impact Assessment
Screening Level Change Assessment (2) Assessments
Act
Saugeen-Ojibway Nation-South Bruce Area
Environmental Media Baseline Program - 1 Year
Baseline Report
Saugeen-Ojibway Nation-South Bruce Site
Biophysical Conceptual Site Model Update and
Screening Level Change
Biodiversity Impact Studies - Southern Ontario
Region: 2022 Change Assessment Memorandum
Biosphere - Biodiversity Impact Studies Peer
Review
Environmental Media Baseline and Change
Assessment Technical Peer Review (3, 17, 18)

9
Memorandum of Legislation & Other
Principle Study (PDF Page Number) Hosting Agreement Other
Understanding Agreements
Safety and the Natural Environment

February 1, 2024 CLC Presentation -


Roads and Traffic Householder
(CNSC) Packaging Confidence in Safety, South Bruce
and Transport of April 5, 2023 South Bruce Forum Presentation -
Road Conditions Study Nuclear Substance Safe Transportation and Packaging of
Regulations (PTNSR) Canada's Used Nuclear Fuel
February 2, 2023 CLC Presentation -
3.The NWMO must demonstrate to the Road Conditions Study Peer Review (20)
Transportation
satisfaction of the Municipality that used
Page 7 12.1 July 21, 2022 CLC Presentation - Local Traffic
nuclear fuel can be safely and securely Local Traffic Study
and Roads
transported to the repository site.
February 1, 2024 CLC Presentation -
Local Traffic Study Peer Review (25) Preliminary
Confidence in Safety, South Bruce
Transport Plan,
NWMO 2021
October 5, 2023 CLC Presentation -
Summary of Socio-economic Community Studies
Enviornmental Baseline Program and Change
and Peer Review Findings (12)
Assessment
Safety and the Natural Environment

4.The NWMO will ensure that the


Nuclear Fuel Waste
repository site will not host any nuclear Page 7 2.4.2 (b)
Act
waste generated by other countries.

Safety and the Natural Environment


5. The NWMO must commit to Agriculture Business Impact Study Peer Review
Preamble H
implementing the Project in a manner (7)
August 4, 2022 CLC Presentation - Local
consistent with the unique natural and Page 7
South Bruce Agriculture Business Impact Study Economic Development
agricultural character of the community of Schedule D 2.4
South Bruce. South Bruce Economy Householder
Safety and the Natural Environment
Deep Geological Repository Conceptual Design
2.2.4
Householder
Aggregate Resources Study
6. The NWMO will minimize the footprint of
PR Report Aggregate Resources Study Report
the repository’s surface facilities to the
(13, 19, 20, 31)
extent it is possible to do so and ensure that August 18, 2022 CLC Presentation - Focus on
Focus on Youth and Families Householder Page 8
public access to the Teeswater River is Youth and Families
Schedule D 2.5
maintained, subject to meeting regulatory Effects on Recreational Resources Study (72, 73)
requirements for the repository. Effects on Recreational Resources Study Peer
Review (5)
Summary of Socio-economic Community Studies
and Peer Review Findings (14)

10
Memorandum of Legislation & Other
Principle Study (PDF Page Number) Hosting Agreement Other
Understanding Agreements
Safety and the Natural Environment
PR Report Aggregate Resources Study Report
7.1
(13, 31)
Roads Conditions Study
Biodiversity Impact Studies - Southern Ontario
Region: 2022 Change Assessment Memorandum
Roads and Traffic Householder
7. The NWMO must commit to preparing
Local Traffic Study
construction management and operation
Road Conditions Study Peer Review (20) Impact Assessment July 21, 2022 CLC Presentation - Local Traffic
plans that detail the measures the NWMO Page 8
Local Traffic Study Peer Review (25) Act and Roads
will implement to mitigate the impacts of
Biosphere - Biodiversity Impact Studies Peer Schedule B
construction and operation of the Project.
Review
Saugeen-Ojibway Nation-South Bruce Site
Biophysical Conceptual Site Model Update and
Screening Level Change
Environmental Media Baseline and Change
Assessment Technical Peer Review (3, 17, 18)
People, Community and Culture
8. The NWMO must demonstrate to the
satisfaction of the Municipality that it has October 7, 2021 CLC Presentation - Willingness
Page 10 Preamble K
built broad support for the Project within Study Update
the community of South Bruce.
People, Community and Culture
Willingness Study Final Community Engagement Municipal Elections
Preamble J
Report (6) Act
9. The Municipality will, in collaboration with Council Motion: M21-
community members, develop and establish 686
October 7, 2021 CLC Presentation - Willingness
an open and transparent process that will
Study Update
allow the community to express its level of
willingness to host the Project. Council Motion: M22-
Appendix A - Willingness Study Workbook (5) 3.1.1
671

11
Memorandum of Legislation & Other
Principle Study (PDF Page Number) Hosting Agreement Other
Understanding Agreements
People, Community and Culture
Community and Project Needs Infrastructure April 5, 2023 South Bruce Forum Presentation:
Householder Summary of Socio-Economic Studies
Infrastructure Baseline and Feasibility Study ( 44, July 7, 2022 CLC Presentation - Infrastructure
49, 51) Baseline and Feasiblity
PR – Infrastructure Baseline and Feasibility Study May 19, 2022 CLC Presentation - Project
Report (13, 14 17, 30, 31) Workforce Development
Community Health Programs and Infrastructure
June 2, 2022 CLC Presentation - Urban Growth
Study (9, 10, 61, 65)
PR Report Community Health Programs and August 4, 2022 CLC Presentation - Local
Infrastructure Study Report (29) Economic Development
Project Labour and Workforce Effects November 3, 2022 CLC Presentation - Regional
Householder Services and Programs
August 18, 2022 CLC Presentation - Focus on
Labour Baseline Study
Youth and Families
May 4, 2022 CLC Presentation - Community
Labour Baseline Study Peer Review (16)
Health Programs and Infrastrucutre
Local Hiring Effects Study and Strategy
Local Hiring Effects Study and Strategy Peer
Review (5)
Workforce Development Study
Workforce Development Study Peer Review (16)

Regional Services and Programs Householder


Vulnerable Populations and Social Programs
Studies (63)
Vulnerable Populations and Social Programs
Studies Peer Review (22)
10. The NWMO will identify the potential for
Emergency Services Study
any positive and negative socio-economic
Emergency Services Study Peer Review (17)
impacts of the Project on South Bruce and Impact Assessment
Regional Economic Development Study Page 10 Preamble I
surrounding communities and what Act
Regional Economic Development Study Peer
community benefits it will contribute to
Review (22)
mitigate any potential risks.
Tourism Industry Effects Study
Tourism Industry Effects Study Peer Review (4)

South Bruce Agriculture Business Impact Study


South Bruce Economy Householder
Agriculture Business Impact Study Peer Review
(7)
South Bruce Economic Development Project
Effects Strategy
South Bruce Economic Development Project
Effects & Strategy Peer Review (8)

12
Memorandum of Legislation & Other
Principle Study (PDF Page Number) Hosting Agreement Other
Understanding Agreements
Urban Growth Householder
Land Use Study
Land Use Study Peer Review (26)
Housing Needs and Demand Analysis Study
Housing Needs and Demand Analysis Study Peer
Review (23)
Focus on Youth and Families Householder
Local/Regional Education Study (62, 65)
Local/Regional Education Study Peer Review (19)
Economic Development Study on Youth
Economic Development Study on Youth Peer
Review (5)
Effects on Recreational Resources Study (72, 73)
Effects on Recreational Resources Study Peer
Review (5)
People, Community and Culture
11. The NWMO, in consultation with the
Municipality, will establish a property value Land Use Study Peer Review (26) 10.1
protection program to compensate
property owners in the event that property Urban Growth Householder Property Value
Page 11 June 2, 2022 CLC Presentation - Urban Growth
values are adversely affected by the Protection
Scheudle C
NWMO’s site selection process and the
Land Use Study
development, construction and/or
operation of the Project.
People, Community and Culture
August 4, 2022 CLC Presentation - Local
Tourism Industry Effects Study Peer Review (4)
Economic Development
12. The NWMO, in consultation with the
Municipality, will establish a program to Tourism Industry Effects Study
mitigate losses to business owners in the
South Bruce Economic Development Project
event that their business is adversely Page 11 10.2
Effects Strategy
affected by the NWMO’s site selection November 3, 2022 CLC Presentation - Regional
process and the development, construction South Bruce Economy Householder Services and Programs
and/or operation of the Project. South Bruce Economic Development Project
Effects & Strategy Peer Review (8)
Urban Growth Householder
People, Community and Culture
August 4, 2022 CLC Presentation - Local
Regional Services and Programs Householder 7.1
Economic Development
13. The NWMO, in partnership with the Regional Economic Development Study Peer
Municipality, will develop a strategy and Review (22)
fund a program to promote the agriculture Regional Economic Development Study Page 11
November 3, 2022 CLC Presentation - Regional
of South Bruce and the surrounding South Bruce Agriculture Business Impact Study Schedule B
Services and Programs
communities.
South Bruce Economy Householder
Agriculture Business Impact Study Peer Review
(7)

13
Memorandum of Legislation & Other
Principle Study (PDF Page Number) Hosting Agreement Other
Understanding Agreements
People, Community and Culture
August 4, 2022 CLC Presentation - Local
Regional Services and Programs Householder Schedule D 2.2
Economic Development

14. The NWMO, in partnership with the Regional Economic Development Study 7.1
Municipality, will develop a strategy and
fund a program to promote tourism in Regional Economic Development Study Peer Page 12
November 3, 2022 CLC Presentation - Regional
South Bruce and the surrounding Review (22)
South Bruce Economy Householder Services and Programs
communities. Schedule B
Tourism Industry Effects Study
Tourism Industry Effects Study Peer Review (4)
People, Community and Culture

Focus on Youth and Families Householder 8.1.3 (d) EIES Funding


15. The NWMO, in partnership with the
Municipality, will commit to implement Local/Regional Education Study (64) 7.1
programs to engage with and provide
opportunities for youth in the community, Local/Regional Education Study Peer Review (19) Page 12
including investments in education and the August 18, 2022 CLC Presentation - Focus on
provision of scholarships, bursaries and Economic Development Study on Youth
Youth and Families
other incentives for youth to remain in or Economic Development Study on Youth Peer Schedule B
return to the community. Review (5)
Summary of Socio-economic Community Studies
and Peer Review Findings (17)
People, Community and Culture
Community Health Programs and Infrastructure August 18, 2022 CLC Presentation - Focus on
Study (9, 62, 64) Youth and Families
PR Report Community Health Programs and
Infrastructure Study Report (14, 42)
16. The NWMO will implement the Project in
a manner that promotes diversity, equality Page 12
Regional Services and Programs Householder
and inclusion. May 4, 2022 CLC Presentation - Community
Health Programs and Infrastrucutre
Vulnerable Populations and Social Programs
Studies (62, 63)
Vulnerable Populations and Social Programs
Studies Peer Review (22)

14
Memorandum of Legislation & Other
Principle Study (PDF Page Number) Hosting Agreement Other
Understanding Agreements
People, Community and Culture
August 5, 2021 CLC Presentation - Saugeen
3.2.3 Ojibway Nation Community Engagement
South Bruce Council Update
Motion: M21-520
Schedule D 1.3
17. The Municipality recognizes the
important historic and contemporary roles
Indigenous peoples have and continue to
play in the stewardship of the lands we all
call home and will, in the spirit of
Reconciliation, work with the NWMO and February 4, 2022 CLC Presentation - Water
local Indigenous peoples to build mutually South Bruce Council Walkers
respectful relationships regarding the Schedule D 2.1
Motion: M23-622
Project.

People, Community and Culture


Community and Project Needs Infrastructure July 7, 2022 CLC Presentation - Infrastructure
Householder Baseline and Feasability
Infrastructure Baseline and Feasibility Study (44,
18. The NWMO will commit to relocate the 49, 51)
working location of a majority of its
PR – Infrastructure Baseline and Feasibility Study
employees to South Bruce as soon as it is Page 13 Schedule D
Report (12) May 19, 2022 CLC Presentation - Project
reasonably practicable to do so after the
Project Labour and Workforce Effects Workforce Development
completion of the site selection process.
Householder
Local Hiring Effects Study and Strategy
Local Hiring Effects Study and Strategy Peer
Review (5)
People, Community and Culture
Tourism Industry Effects Study Peer Review (4) 9.1
July 13, 2023 CLC Presentation - NWMO CofE
Tourism Industry Effects Study
19. The NWMO will, in consultation with the
Municipality, establish a Centre of Expertise
South Bruce Agriculture Business Impact Study Page 13
at a location within South Bruce to be
Schedule D August 4, 2022 CLC Presentation - Local
developed in conjunction with the Project.
South Bruce Economy Householder Economic Development
Agriculture Business Impact Study Peer Review
(7)

15
Memorandum of Legislation & Other
Principle Study (PDF Page Number) Hosting Agreement Other
Understanding Agreements
Economics and Finance
Project Labour and Workforce Effects
EIES Funding
Householder

Labour Baseline Study May 19, 2022 CLC Presentation - Project


Workforce Development
Labour Baseline Study Peer Review (16)
20. The NWMO, in consultation with the Local Hiring Effects Study and Strategy
Municipality, will commit to implementing a
local employment and training strategy with Local Hiring Effects Study and Strategy Peer
the objective of ensuring that the majority Review (5) Page 15 8.1
of employees for the Project are located Workforce Development Study
within South Bruce and surrounding Workforce Development Study Peer Review (16) August 18, 2022 CLC Presentation - Focus on
communities Youth and Families
Focus on Youth and Families Householder
Economic Development Study on Youth
Economic Development Study on Youth Peer
Review (5)
Summary of Socio-economic Community Studies
and Peer Review Findings (15)
Economics and Finance
Deep Geological Repository Conceptual Design May 19, 2022 CLC Presentation - Project
Householder Workforce Development
November 3, 2022 CLC Presentation - Regional
Aggregate Resources Study
Services and Programs
PR Report Aggregate Resources Study Report
(13, 19, 31)
Local Huring Effects Study and Strategy
21. The NWMO, in consultation with the
Local Huring Effects Study and Strategy Peer
Municipality, will commit to implementing a
Review
business opportunities strategy that will
Project Labour and Workforce Effects
provide opportunities for qualified local
Householder
businesses to secure agreements that Page 15 11.1
support the Project and that requires the Regional Services and Programs Householder
NWMO to take all reasonable steps to August 4, 2022 CLC Presentation - Local
Regional Economic Development Study Peer
create opportunities for qualified local Economic Development
Review (23)
businesses to benefit from the Project.
Regional Economic Development Study
South Bruce Economic Development Project
Effects Strategy
South Bruce Economic Development Project
Effects & Strategy Peer Review (8)
South Bruce Economy Householder
Summary of Socio-economic Community Studies
and Peer Review Findings (16)

16
Memorandum of Legislation & Other
Principle Study (PDF Page Number) Hosting Agreement Other
Understanding Agreements
Economics and Finance
PR Report Aggregate Resources Study Report August 4, 2022 CLC Presentation - Local
(13, 31) Economic Development
Regional Services and Programs Householder
22. The NWMO will commit to implementing Regional Economic Development Study
a procurement strategy for the Project that Regional Economic Development Study Peer
gives preference to the selection of Review (23)
Page 16 11.1
suppliers who can demonstrate economic South Bruce Economic Development Project November 3, 2022 CLC Presentation - Regional
benefit to South Bruce and surrounding Effects Strategy Services and Programs
communities. South Bruce Economic Development Project
Effects & Strategy Peer Review (8)
South Bruce Economy Householder
Summary of Socio-economic Community Studies
and Peer Review Findings (16)
Economics and Finance

Tourism Industry Effects Study Peer Review (5) 7.1

23. The NWMO will enter into an agreement Tourism Industry Effects Study
with the Municipality providing for 3.4 Multi-Year Funding August 4, 2022 CLC Presentation - Local
community benefit payments to the South Bruce Agriculture Business Impact Study Agreement Economic Development
Municipality.
South Bruce Economy Householder
Scheudle B
Agriculture Business Impact Study Peer Review
(7)
Capacity Building
24. The NWMO will cover the costs incurred
Summary of Socio-economic Community Studies Multi-Year Funding
by the Municipality in assessing community 5.2.4
and Peer Review Findings (24) Agreement
wellbeing and willingness to host the Project.

Capacity Building

25. The NWMO will fund the engagement of


subject matter experts by the Municipality
to undertake peer reviews of Project
Summary of Socio-economic Community Studies Schedule B Multi-Year Funding April 5, 2023 South Bruce Forum Presentation:
reports and independent assessments of
and Peer Review Findings (24) Agreement Summary of Socio-Economic Studies
the Project’s potential impacts on and
benefits for the community as determined
necessary by the Municipality.
7.1

17
Memorandum of Legislation & Other
Principle Study (PDF Page Number) Hosting Agreement Other
Understanding Agreements
Capacity Building

26. The NWMO agrees to cover the costs of


the Municipality’s preparation for and
participation in the Project’s regulatory Preamble L
approval processes, including the Canadian
Nuclear Safety Commission’s licencing Page 17
process and the assessment of the Project
under the Impact Assessment Act (or other
similar legislation), that are not otherwise
covered by available participant funding.
Schedule B
7.1
3.2.2(b)
Capacity Building

Community and Project Needs Infrastructure July 7, 2022 CLC Presentation - Infrastructure
12.5
Householder Baseline Feasiblity

Infrastructure Baseline and Feasibility Study (49,


7.1 June 2, 2022 CLC Presentation - Urban Growth
27. The NWMO will fund the Municipality’s 50, 51)
preparation of a housing plan to ensure that PR – Infrastructure Baseline and Feasibility Study
Multi-Year Funding
the residents of South Bruce have access to Report (17) Page 17
Agreement
a sufficient supply of safe, secure,
Regional Services and Programs Householder
affordable and well-maintained homes.
Vulnerable Populations Study
Urban Growth Householder Schedule B
Summary of Socio-economic Community Studies
and Peer Review Findings (10, 24)
Housing Needs and Demand Analysis Study
Housing Needs and Demand Analysis Study Peer
Review (14, 23, 37)
Services and Infrastructure
Community Health Programs and Infrastructure
12.3
Study (10, 57, 65)
28. The NWMO will prepare a review of the PR Report Community Health Programs and
existing emergency services in South Bruce Infrastructure Study Report (23, 24, 25, 51, 52, 7.1 Impact Assessment November 3, 2022 CLC Presentation - Regional
and provide appropriate funding for any 53) Page 18
Act Services and Programs
additional emergency services required to
host the Project in South Bruce. Regional Services and Programs Householder
Schedule B
Emergency Services Study
Emergency Services Study Peer Review

18
Memorandum of Legislation & Other
Principle Study (PDF Page Number) Hosting Agreement Other
Understanding Agreements
Services and Infrastructure
Community and Project Needs Infrastructure July 7, 2022 CLC Presentation - Infrastructure
12.2
Householder Baseline and Feasability
Infrastructure Baseline and Feasibility Study (48,
7.1 June 2, 2022 CLC Presentation - Urban Growth
29. The NWMO will prepare an 49, 50, 51, 56)
infrastructure strategy that addresses any PR – Infrastructure Baseline and Feasibility Study
municipal infrastructure requirements for Report (14, 17, 18, 30)
the Project and will commit to providing Land Use Study Page 18
appropriate funding for any required Land Use Study Peer Review (26)
upgrades to municipal infrastructure Focus on Youth and Families Householder August 18, 2022 CLC Presentation - Focus on
Schedule B
required to host the Project in South Bruce. Urban Growth Householder Youth and Families

Effects on Recreational Resources Study (72, 73)


Effects on Recreational Resources Study Peer
Review (5)
Services and Infrastructure

Deep Geological Repository Conceptual Design


12.1
Householder

30. The NWMO will prepare a review of the Aggregate Resources Study 7.1
existing and projected capacity of South
July 21, 2022 CLC Presentation - Local Traffic
Bruce’s road network and will commit to Page 18
PR Report Aggregate Resources Study Report and Roads
providing appropriate funding for any
required upgrades to the road network. (13, 19, 31)
Roads and Traffic Householder
Road Conditions Study (36, 49)
Schedule B
Road Conditions Study Peer Review (20, 40)
Local Traffic Study (47, 60)
Local Traffic Study Peer Review (25)
Services and Infrastructure

Deep Geological Repository Conceptual Design


12.1
Householder
31. The NWMO will enter into a road use
agreement with the Municipality that Aggregate Resources Study 7.1
identifies approved transportation routes
July 21, 2022 CLC Presentation - Local Traffic
during construction and operation of the PR Report Aggregate Resources Study Report Page 18
and Roads
Project and ensures proper funding for (13, 20, 31)
maintenance and repair of municipal roads Roads and Traffic Householder
and bridges used for the Project. Road Conditions Study (36, 49) Schedule B
Road Conditions Study Peer Review (20)
Local Traffic Study (47, 60)
Local Traffic Study Peer Review (26)

19
Memorandum of Legislation & Other
Principle Study (PDF Page Number) Hosting Agreement Other
Understanding Agreements
Services and Infrastructure

Community and Project Needs Infrastructure July 7, 2022 CLC Presentation - Infrastructure
7.1
Householder Baseline and Feasibility

Infrastructure Baseline and Feasibility Study (50, May 19, 2022 CLC Presentation - Project
51) Workforce Development
PR – Infrastructure Baseline and Feasibility Study
June 2, 2022 CLC Presentation - Urban Growth
Report (18)
Community Health Programs and Infrastructure November 3, 2022 CLC Presentation - Regional
Study (9, 10, 62, 62, 64, 65) Services and Programs
PR Report Community Health Programs and
August 18, 2022 CLC Presentation - Focus on
Infrastructure Study Report (23, 24, 25, 29, 51,
Youth and Families
52, 53)
Workforce Development Study
Project Labour and Workforce Effects
32. The NWMO, in consultation with the Householder
Municipality and other local and regional
partners, will prepare a strategy to ensure Workforce Development Study Peer Review (16)
there are sufficient community services and
amenities, including health, child-care, Regional Services and Programs Householder Page 19
educational and recreational facilities, to Vulnerable Populations and Social Programs
accommodate the expected population Studies (62, 63, 64, 65) Schedule B
growth associated with hosting the Project Vulnerable Populations and Social Programs
in South Bruce. Studies Peer Review (22)
Emergency Services Study
Emergency Services Study Peer Review (13) May 4, 2022 CLC Presentation - Community
Housing Needs and Demand Analysis Study Health Programs and Infrastrucutre
Housing Needs and Demand Analysis Study Peer
Review (23)
Urban Growth Householder
Focus on Youth and Families Householder
Local/Regional Education Study (65)
Local/Regional Education Study Peer Review (15,
19)
Effects on Recreational Resources Study (72, 73)
Effects on Recreational Resources Study Peer
Review (5)
Summary of Socio-economic Community Studies
and Peer Review Findings (10)

20
Memorandum of Legislation & Other
Principle Study (PDF Page Number) Hosting Agreement Other
Understanding Agreements
Services and Infrastructure

Land Use Study Peer Review (26)

Land Use Study


33. The NWMO will comply with the
Municipal Official Plan and zoning by-law
and seek amendments to the Official Plan Page 19 14.1 June 2, 2022 CLC Presentation - Urban Growth
and zoning by-law as necessary to
implement the Project. Housing Needs and Demand Analysis Study

Housing Needs and Demand Analysis Study Peer


Review (23)
Urban Growth Householder
Summary of Socio-economic Community Studies
and Peer Review Findings (6)
Governance and Community Engagement

4.1.2

4.2.1
5.2.2
5.3.2
6.2
6.5.1
34. The NWMO will provide the Municipality
with an ongoing and active role in the 7.3
governance of the Project during the Page 20 7.4
construction and operation phases of the
7.5
Project.
8.1.2
8.2.1
11.1.3
14.2
18.1

Schedule D 1.1

Scheudle E

21
Memorandum of Legislation & Other
Principle Study (PDF Page Number) Hosting Agreement Other
Understanding Agreements
Governance and Community Engagement
5.2.1
35. The NWMO will continue to engage with
community members and key stakeholders
to gather input on community vision, Page 21
expectations and principles, including 5.2.3.
concerns, related to the Project.

Regional Benefits

Regional Services and Programs Householder


July 21, 2022 CLC Presentation - Local Traffic
11.1
and Roads
Regional Economic Development Study
36. The NWMO must demonstrate to the
satisfaction of the Municipality that the Regional Economic Development Study Peer
Project will benefit the broader region Review (23) Page 22
outside of the community of South Bruce, Roads and Traffic Householder
including local Indigenous communities. Road Conditions Study Peer Review (21) November 3, 2022 CLC Presentation - Regional
8.1
Local Traffic Study Services and Programs
Local Traffic Study Peer Review (26)
Summary of Socio-economic Community Studies
and Peer Review Findings (22)

22
Mapping Our Future
Summary of Proposed Hosting Agreement
Spring 2024

For complete information, please see the full hosting agreement on the South Bruce website.

Supporting an informed
community decision
After 10 years of scientific, social and
economic studies, peer reviews, and public
engagement, the Municipality of South Bruce
has negotiated a comprehensive Hosting
About the Project Agreement with the NWMO. This helps the
community to make an informed decision on
The Nuclear Waste Management
its willingness to host the Project.
Organization (NWMO) plans to permanently
secure Canada’s used nuclear fuel in a deep
The Hosting Agreement maps out what
geological repository (DGR) more than
will happen if the community decides it is a
600 metres underground. There is a broad
willing host for the Project and is selected by
international scientific consensus that this is
the NWMO as the site for the Project. The
the safest way to manage used nuclear fuel
Agreement also sets out a path for South
long-term. Along with the DGR, the NWMO
Bruce to exit the site selection process if the
Project includes above ground facilities and
community decides it is not a willing host or is
a Centre of Expertise.
not selected by the NWMO.
The NWMO is committed to selecting an
A commitment to the community’s
informed and willing community to host the
Guiding Principles
DGR. In 2012, 22 communities, including
the Municipality of South Bruce, expressed Addressing the 36 Guiding Principles is
interest in learning more about the Project. important to South Bruce. The Hosting
In 2020, sites in South Bruce/Saugeen Agreement addresses many of the Principles.
Ojibway Nation and in Ignace/ Wabigoon As of April 2024, all have either been
Lake Ojibway Nation in northern Ontario addressed or there is a commitment in place
were identified as the final two in the NWMO to address them at a later stage of the
process. Project. The principles cover top priorities
related to:
The NWMO is in discussions with and is • ensuring the safety of people and the
seeking willingness from South Bruce, the environment
Saugeen Ojibway Nation, the Township of
Ignace and the Wabigoon Lake Ojibway • having an ongoing municipal voice in the
Nation. Project, and
• having a plan that manages and reduces
The NWMO plans to decide on its preferred impacts, as well as providing benefits to
site by the end of 2024. the community.
Referendum to Determine Community Willingness

• If approved by South Bruce Council, the Mayor and Clerk will sign the Hosting Agreement
on behalf of the Municipality.
• Based on community consultation, South Bruce will hold a referendum to determine
whether the community is a willing host on October 28, 2024.
• South Bruce will provide notice of the community’s decision to the NWMO in November
2024.

Willing –
Not Willing Willing – Selected
Not Selected

South Bruce declares South Bruce declares If South Bruce and Saugeen Ojibway
it is not a willing host it is a willing host Nation both say they are willing hosts,
community and exits community but is and NWMO selects the South Bruce site,
the site selection not selected as the the Hosting Agreement outlines long-
process. South Bruce site. South Bruce to term commitments related to the Project.
to receive a $4 million receive an The funding package is anticipated to be
exit payment. $8 million exit worth $418 million to the Municipality over
payment. the 138-year life of the Project.

Safety and the Environment

• The NWMO presented its safety case and studies to the community describing how the
facility will operate safely and securely.
• On behalf of the Municipality, consultants from GHD independently reviewed NWMO
studies and agreed with the safety case.
• The DGR will only store used Canadian fuel and a small amount of radioactive waste
created by the operation of the Project.
• The federal Impact Assessment and licensing by the Canadian Nuclear Safety Commission
(CNSC) will review site specific design and confirm safety of operational practices for
people and the environment.
Municipal Voice

Regulatory
• The NWMO will be solely responsible for the Project and fulfilling regulatory requirements.
• Specific funding will ensure the municipality has resources to take part in the regulatory process.
• The Municipality will support NWMO in the federal licensing process, reserving its right to
express concerns related to local matters.

Governance and Oversight


• A Leadership Table including the Mayor and NWMO CEO would meet twice per year during
planning, design and construction and annually during operations.
• An Implementation Committee comprised of staff from the Municipality of South Bruce and
NWMO would oversee day-to-day implementation of the Agreement.
• Differences that are not resolved by the Leadership Table will be referred to an independent
arbitrator.
• The Municipality will have the right to review and comment on major regulatory applications
before they are filed by the NWMO.
• The NWMO must conduct at least three years of community engagement and education before
applying for approval to store used Canadian nuclear fuel from an emerging technology.
• South Bruce maintains authority over matters within municipal jurisdiction with no special
treatment for the NWMO.

Community Wellbeing

Infrastructure & Services


• NWMO will pay costs for any infrastructure upgrades needed to serve the Project. A road-use
agreement will be negotiated to cover the related costs as outlined in the Hosting Agreement.
• Based on site design, NWMO will decide if it will supply their own water and wastewater
services, or if they will enter into a servicing agreement to pay for municipal services required
by the Project.
• Similarly, NWMO will pay for any additional municipal emergency services, that may be
required for the Project.

Other community benefits


• The Centre of Expertise will feature: local history, culture and tourism displays; a multi-purpose
community space; scientific information on the DGR; and agricultural science. It will also include
space for education and skills training.
• The NWMO and South Bruce will explore recreational opportunities on the lands that NWMO
will own if the Project goes ahead, like canoe and kayak launch sites.
• The NWMO and South Bruce will form joint working groups on training and employment, and
business opportunities to seek to improve local opportunities.
• The NWMO has created a Property Value Protection Program at the request of the
Municipality.
NWMO Funding Categories and Timeline
Business Operations
Centre of Expertise Taxation 10%
2%
Milestone Payment
DGR Special Facility Payment 3%
(in lieu of property tax)
25% People, Community
and Culture
32%
Community Facilities
16%

NWMO Project funding to South Bruce


falls into a several categories based on Community Services
municipal priorities and principles. 12%

The $418 million will be spread out over the 138-year life of the project. All payments in the Hosting
Agreement will be adjusted annually based on the Consumer Price Index.

Phase 1 Phase 2 Phase 3 Phase 4


2025 – 2031 2032 – 2042 2043 – 2092 2093 – 2162
$60.6 million $95.2 million $209.9 million $52.5 million
Pre-construction Construction of Operations, e.g. Extended
planning/ design DGR and surface receiving and placing monitoring
facilities waste in the DGR
and expansion of the
underground facilities
What’s next?
After South Bruce and the other potential hosts
express if they are willing to host the site and the Potential for multi-
NWMO chooses a preferred location, it will begin the
advanced engineering and site-specific design. generational prosperity
• 700 long-term NWMO operational
The Project will only proceed if approved by jobs in South Bruce
the federal regulatory authorities. The Impact
• 1,100 additional indirect and induced
Assessment Agency of Canada and the Canadian
jobs (suppliers and local businesses)
Nuclear Safety Commission (CNSC) will work
together to review the Project. The CNSC will use the • Increase in South Bruce’s Gross
Impact Assessment, existing and site-specific work Domestic Product (GDP) to $680
to issue separate licences for site preparation and million in 2046, almost doubling the
construction, operations, and decommissioning. community’s economic productivity.

Municipality of South Bruce


@municipalityofsouthbruce
P.O. Box 540 | 21 Gordon St. E
Teeswater, Ontario N0G 2S0 @municipalityofsouthbruce www.southbruce.ca
519-392-6623 @MunSouthBruce www.southbruceswitchboard.ca
Execution Version

HOSTING AGREEMENT

between

NUCLEAR WASTE MANAGEMENT ORGANIZATION

and

THE CORPORATION OF THE MUNICIPALITY OF SOUTH BRUCE


TABLE OF CONTENTS

ARTICLE 1 DEFINITIONS .......................................................................................................... 2


1.1 Defined Terms ....................................................................................................... 2
1.2 Interpretation ........................................................................................................ 11
1.3 Schedules ............................................................................................................. 13

ARTICLE 2 PROJECT DESCRIPTION ..................................................................................... 13


2.1 Base Project Scope ............................................................................................... 13
2.2 Facility Site .......................................................................................................... 14
2.3 Subsurface Rights ................................................................................................ 15
2.4 Accepted Waste Sources ...................................................................................... 15
2.5 Project Timeline ................................................................................................... 16
2.6 Project Performance Standard.............................................................................. 16

ARTICLE 3 WILLINGNESS, COMMUNITY SUPPORT AND SITE SELECTION .............. 17


3.1 Willingness Process ............................................................................................. 17
3.2 Community Willingness and Support .................................................................. 17
3.3 NWMO Site Selection Process ............................................................................ 18
3.4 Exit Events ........................................................................................................... 18

ARTICLE 4 PROJECT GOVERNANCE ................................................................................... 19


4.1 Leadership Table .................................................................................................. 19
4.2 Implementation Committee ................................................................................. 20

ARTICLE 5 PROJECT SCOPE MODIFICATIONS .................................................................. 21


5.1 Project Scope Modifications ................................................................................ 21
5.2 Engagement and Education Plan for Other Canadian Nuclear Fuel Waste ......... 21
5.3 Project Scope Modification Process .................................................................... 22
5.4 Other Project Modifications ................................................................................. 23

ARTICLE 6 PARTICIPATION IN REGULATORY DECISION-MAKING............................ 23


6.1 Major Applications .............................................................................................. 23
6.2 Advanced Review of Major Applications............................................................ 24
6.3 Participation in Regulatory Processes .................................................................. 25
6.4 IA Process and CNSC Licensing Process ............................................................ 26
6.5 Provision of Project Information Materials ......................................................... 26

ARTICLE 7 FINANCIAL BENEFITS ....................................................................................... 26


7.1 Payments by NWMO to the Municipality ........................................................... 26
7.2 Delay Payments ................................................................................................... 27
7.3 Extended Delays .................................................................................................. 28
7.4 Interruption of Operations.................................................................................... 29
7.5 Extended Interruption of Operations ................................................................... 30
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7.6 Adjustment to the Anticipated Schedule.............................................................. 31


7.7 Permanent Cessation of Operations ..................................................................... 31
7.8 Suspension of Payments ...................................................................................... 32

ARTICLE 8 EMPLOYMENT AND TRAINING ....................................................................... 32


8.1 Local Employment and Training Program .......................................................... 32
8.2 Monitoring and Reporting.................................................................................... 33

ARTICLE 9 CENTRE OF EXPERTISE ..................................................................................... 33


9.1 Centre of Expertise .............................................................................................. 33

ARTICLE 10 LOCAL PROTECTION PROGRAMS ................................................................ 34


10.1 Property Value Protection Program ..................................................................... 34
10.2 Business Loss Protection Program....................................................................... 34

ARTICLE 11 BUSINESS OPPORTUNITIES ............................................................................ 34


11.1 Business Opportunities ........................................................................................ 34

ARTICLE 12 SERVICES AND INFRASTRUCTURE .............................................................. 35


12.1 Road Improvements ............................................................................................. 35
12.2 Water Supply and Wastewater ............................................................................. 36
12.3 Emergency Services ............................................................................................. 37
12.4 No Impact on Financial Benefits ......................................................................... 37
12.5 Housing Growth Strategy .................................................................................... 37

ARTICLE 13 TAXATION AND FEES ...................................................................................... 38


13.1 Municipal Property Taxes .................................................................................... 38
13.2 Municipal Fees and Charges ................................................................................ 39
13.3 Other Governmental Authorities.......................................................................... 39

ARTICLE 14 MUNICIPAL AUTHORITY ................................................................................ 39


14.1 Scope of Municipal Authority ............................................................................. 39
14.2 No Derogation of Municipality Authority ........................................................... 40
14.3 Inquiry under the Municipal Affairs Act .............................................................. 40

ARTICLE 15 CONTRACTORS ................................................................................................. 41


15.1 Contractors ........................................................................................................... 41

ARTICLE 16 CONFIDENTIALITY........................................................................................... 42
16.1 Definition of Confidential Information................................................................ 42
16.2 Treatment of Confidential Information ................................................................ 42
16.3 Disclosure of Confidential Information ............................................................... 43
16.4 Access to Information .......................................................................................... 44
16.5 Injunctive Relief................................................................................................... 44
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ARTICLE 17 COMMUNICATIONS.......................................................................................... 45
17.1 Communications .................................................................................................. 45

ARTICLE 18 DISPUTE RESOLUTION .................................................................................... 45


18.1 Dispute Resolution Process.................................................................................. 45
18.2 Exclusions ............................................................................................................ 47

ARTICLE 19 REPRESENTATIONS AND WARRANTIES ..................................................... 48


19.1 Representations and Warranties of NWMO ........................................................ 48
19.2 Representations and Warranties of the Municipality ........................................... 49

ARTICLE 20 TERM, TERMINATION AND SURVIVAL ....................................................... 50


20.1 Term ..................................................................................................................... 50
20.2 Termination .......................................................................................................... 50
20.3 Provisions Surviving Termination of the Agreement .......................................... 52

ARTICLE 21 NOTICES .............................................................................................................. 52


21.1 Notices ................................................................................................................. 52

ARTICLE 22 GENERAL PROVISIONS ................................................................................... 53


22.1 Assignment and Transfer ..................................................................................... 53
22.2 No Partnership ..................................................................................................... 53
22.3 Entire Agreement ................................................................................................. 53
22.4 Amendment .......................................................................................................... 54
22.5 Successor and Assigns ......................................................................................... 54
22.6 No Waiver ............................................................................................................ 54
22.7 Severability .......................................................................................................... 54
22.8 Further Assurances............................................................................................... 54
22.9 Governing Law .................................................................................................... 55
22.10 Jurisdiction ........................................................................................................... 55
22.11 Counterparts and Transmission............................................................................ 55

SCHEDULE A FACILITY SITE

SCHEDULE B FINANCIAL BENEFITS

SCHEDULE C PROPERTY VALUE PROTECTION PROGRAM

SCHEDULE D CENTRE OF EXPERTISE TERMS OF REFERENCE

SCHEDULE E IMPLEMENTATION COMMITTEE TERMS OF REFERENCE

SCHEDULE F REGULATORY DECISION-MAKING DELIVERABLES

SCHEDULE G COMMUNICATIONS PROTOCOL


HOSTING AGREEMENT

THIS AGREEMENT is dated as of May 1, 2024 (the “Effective Date”),

BETWEEN:

NUCLEAR WASTE MANAGEMENT ORGANIZATION,


a not-for-profit corporation existing under the laws of Canada
(“NWMO”)

and

THE CORPORATION OF THE MUNICIPALITY OF SOUTH BRUCE,


a corporation existing under the laws of Ontario
(the “Municipality”)

WHEREAS:

A. In 2002, Parliament passed the Nuclear Fuel Waste Act (“NFWA”), requiring the owners
of used nuclear fuel in Canada to establish a waste management organization as a separate
legal entity to propose and implement an approach for the management of used nuclear
fuel. In accordance with the NFWA, NWMO was established by Canada’s nuclear
electricity producers, and assumed responsibility for designing and implementing Canada’s
plan for the safe, long-term management of used nuclear fuel.

B. In 2007, the Government of Canada selected Adaptive Phased Management as Canada’s


plan for the long-term management of used nuclear fuel. APM calls for the centralized
containment and isolation of Canada’s used nuclear fuel in a deep geological repository
with an informed and willing host.

C. In 2010, NWMO initiated a process to select a site for the repository, and 22 communities
(including the Municipality) proactively expressed an interest by the end of 2012. Since
then, NWMO has been engaged in a multi-year, community-driven process to identify a
site where Canada’s used nuclear fuel can be safely contained.

D. As of the Effective Date, NWMO has secured more than 1,500 acres of land located north
of Teeswater, located within the Municipality of South Bruce, Ontario in the area of
Sideroad 25 North and Concession Road 8 through a combination of option and purchase
arrangements on which it intends to potentially locate the Project.

E. In January 2020, NWMO announced that it had narrowed down the potential host sites to
two: the Wabigoon Lake Ojibway Nation (WLON)-Ignace area and the Saugeen Ojibway
Nation (SON)-South Bruce area, which includes the Facility Site in South Bruce, Ontario
(“South Bruce”).
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F. At its October 28, 2020 meeting, South Bruce Council adopted the Guiding Principles to
guide municipal activities and engagement related to the Project. The Guiding Principles
were drawn from input received at Project Visioning Workshops and public consultation
on draft Guiding Principles in September 2020.

G. In June 2022, the Parties executed a non-binding Memorandum of Understanding that sets
out commitments from NWMO to address the Guiding Principles.

H. Pursuant to the Guiding Principles, if South Bruce is selected as the site for the Project,
NWMO has committed to, amongst other things, implementing the Project in a manner
that is consistent with the unique natural and agricultural character of the community of
South Bruce.

I. In accordance with the Guiding Principles, the Municipality has undertaken Community
Studies, which have informed the Parties in the negotiation of this Agreement.

J. South Bruce Council has directed that a Community Decision will be determined by
submitting a question to the electors by way of a by-election in accordance with the
Municipal Elections Act, 1996 after the completion of an agreement that reflects the
Guiding Principles has been negotiated with NWMO, with continued public engagement
on the Project in the interim.

K. NWMO is currently undertaking a consent-based site selection process for the Project and
intends to announce a decision selecting an informed and willing host community by
December 31, 2024 (the “NWMO Site Selection Process”).

L. Before proceeding with the Project, NWMO will be required to complete the IA Process
and obtain the required licences from the CNSC, which will only be issued if the IA Agency
and CNSC are satisfied that, among other criteria, the implementation of the Project will
adequately protect the environment and the health and safety of persons.

M. The Parties wish to enter into this Agreement: (i) to set out the benefits to, and obligations
and rights of, each Party in respect of the Project in the event that South Bruce is or is not
selected as the site for the Project; (ii) to define the Project scope and ensure that adequate
provision is made for the inherent adaptability of the APM process and the long-term nature
of the Project; and (iii) to set out the respective roles and responsibilities of the Parties with
respect to the Regulatory Processes applicable to the Project.

NOW THEREFORE in consideration of the mutual covenants and agreements herein and other
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
the Parties agree as follows:

ARTICLE 1
DEFINITIONS

1.1 Defined Terms

As used in this Agreement, the following terms have the following meanings:
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“Aboriginal Group” means any first nation recognized as a “band” within the meaning of the
Indian Act (Canada), Métis group and/or other aboriginal group.

“Accepted Waste Sources” has the meaning given in Section 2.4.1.

“Adaptive Phased Management” or “APM” means the approach selected by the Government of
Canada for the long-term management of used nuclear fuel, which consists of both a technical
method and a management system, and includes the following key attributes: (a) ultimate
centralized containment and isolation of Canada’s used nuclear fuel in a deep geological
repository; (b) phased and adaptive decision-making; (c) continuous monitoring; (d) retrievability;
and (e) citizen engagement.

“Agreement” means this Hosting Agreement, including the recitals, and all schedules attached
hereto, in each case as they may be amended or supplemented from time to time.

“Annual Payment” has the meaning given in Section 2.1 of Schedule B.

“Annual Review Report” has the meaning given in Section 2.1(l)(i) of Schedule E.

“Annual Work Plan” has the meaning given in Section 5.1 of Schedule E.

“Anticipated Schedule” has the meaning given in Section 2.5.1.

“Applicable Law” means all laws, ordinances, regulations, by-laws, Authority Requirements,
judgments and decrees, injunctions, writs and orders of any Governmental Authority, and the terms
and conditions of any Regulatory Approvals that apply to either Party, the Project, or the terms of
this Agreement.

“Arbitration Rules” has the meaning given in Section 18.1.6(b).

“Assessment Act” means the Assessment Act (Ontario).

“Assessment Act Amendment” has the meaning given in Section 13.1.1.

“Authority Requirements” means any order, direction, directive, policy, standard, guideline or
rule of or by any Governmental Authority, including, IA Agency and CNSC policies, regulatory
documents, administrative interpretations, directives and staff review procedures.

“Base Project Scope” has the meaning given in Section 2.1.1.

“Benefits Payments” has the meaning given in Section 2.1(b) of Schedule B.

“Business Days” means any day other than Saturday, Sunday or any day on which the offices of
the Government of Ontario or banking institutions in Toronto, Ontario are not open for business.

“CANDU Fuel Bundle” means a bundle of used nuclear fuel from a CANDU Reactor as described
in the Conceptual Design Report.
-4-

“CANDU Reactor” means a nuclear reactor utilizing Canada Deuterium Uranium fuel.

“Centre of Expertise” means, collectively, a centre of expertise for the Project in accordance with
the terms of reference set out in Schedule D.

“CNSC” means the Canadian Nuclear Safety Commission established pursuant to the NSCA and
includes any successor thereof.

“COE Property Taxes” has the meaning given in Section 13.1.5.

“Commencement Date” means the date that NWMO delivers an NWMO Site Selection Notice
to the Municipality notifying the Municipality that the community of South Bruce has been
selected as the site for the Project.

“Committed Costs” means the amount of funding, as evidenced by project budgets, invoices and
any other documentation reasonably requested by NWMO, that the Municipality requires to
complete any capital project funded using the Financial Benefits where physical work of a
significant nature has commenced as of the applicable date. For further clarity, physical work of a
significant nature is work that is integral to the construction of such capital project. Preliminary
activities, such as environmental or geological assessments, or initial preparatory work (including,
for example, site clearing, fence construction or development of access roads), shall not be
considered integral to such capital project.

“Communications Protocol” means the communications protocol developed and agreed by the
Parties as of the Effective Date and attached hereto as Schedule G, as it may be amended from
time to time by the Parties in accordance with Section 2.1(i) of Schedule E and the terms of the
Communications Protocol.

“Community Decision” has the meaning given in Section 3.1.1.

“Community Studies” means the environmental and socio-economic studies and peer reviews
undertaken by the Municipality in respect of the Project that were completed or ongoing as of the
Effective Date.

“Conceptual Design Report” means the Deep Geological Repository Conceptual Design
Report Crystalline / Sedimentary Rock, APM-REP-00440-0211-R000 published by NWMO in
September 2021.

“Confidential Information” has the meaning given in Section 16.1.1.

“Construction Phase” means the seven (7) year period commencing on the first January 1st
following the issuance of a Licence to Construct, as adjusted pursuant to the terms of this
Agreement.

“Contractor” means, in respect of a Party, a Person (including that Person’s successors and
permitted assigns) engaged by such Party or any subcontractor at any tier of such Party in respect
of the Project.
-5-

“County” means the County of Bruce.

“CPI” means the Consumer Price Index for Canada, All Items (Not Seasonally Adjusted) as
published by Statistics Canada, provided in each case that if CPI ceases to be published by
Statistics Canada, there shall be substituted an available replacement index that most nearly, of
those then publicly available, approximates the intent and purpose of the CPI that has so ceased or
changed, and this Agreement shall be amended as necessary to accommodate such replacement
index, all as determined by written agreement of the Parties or failing agreement, in accordance
with Article 18.

“CPI Adjustment” means the quotient obtained by dividing: (a) CPI for the month of November
in that calendar year; by (b) CPI for the month of November 2024.

“Delay Period” has the meaning given in Section 7.2.2.

“Detailed Financial Benefits Table” has the meaning given in the preamble of Schedule B.

“DGR” has the meaning given in Section 2.1.1(a)(i).

“Disclosing Party” has the meaning given in Section 16.1.1.

“Dispute” has the meaning given in Section 18.1.1.

“Dispute Notice” has the meaning given in Section 18.1.1.

“Effective Date” has the meaning given in the Preamble.

“Engagement and Education Plan” has the meaning given in Section 5.2.1(c).

“ERMA” has the meaning given in Section 2.1.1(a)(ii).

“Exit Event” means a Municipality Exit Event, or an NWMO Exit Event, as applicable.

“Exit Payment” has the meaning given in Section 3.4.1.

“Extended Monitoring Phase” means the seventy (70) year period, or such longer period of
extended monitoring of the Facility as may be required by Applicable Law, commencing on the
first January 1st following the delivery of a Permanent Cessation Notice by NWMO. For clarity,
the commencement of the Extended Monitoring Phase shall be independent of any
decommissioning activities or licence issued in respect of the Project by the CNSC.

“Facility” has the meaning given in Section 2.1.1(a) and, for clarity, excludes the Centre of
Expertise.

“Facility Property Taxes” has the meaning given in Section 13.1.2(a).

“Facility Site” means the lands shown and described in Schedule A, as amended from time to
time.
-6-

“Financial Benefits” has the meaning given in Section 7.1.1.

“First Milestone Event” has the meaning given in Section 1.1(a) of Schedule B.

“First Milestone Payment” has the meaning given in Section 1.1(a) of Schedule B.

“FOI Legislation” has the meaning given in Section 16.4.3.

“Governmental Authority” means any federal, provincial, county, local, or municipal


government, governmental department, commission, board, bureau or agency, or any judicial,
regulatory or administrative body, each having jurisdiction as to the matter in question.

“Guiding Principles” means the 36 Guiding Principles endorsed by South Bruce Council on
October 28, 2020.

“Haul Routes” has the meaning given in Section 12.1.2(a)(i).

“IA Agency” means the Impact Assessment Agency of Canada, established pursuant to the IAA
and includes any successor thereof.

“IA Process” means the integrated impact assessment process with respect to the Project
undertaken pursuant to the IAA.

“IAA” means the Impact Assessment Act (Canada).

“Implementation Committee” has the meaning given in Section 4.2.1.

“Indigenous Business” has the meaning given in the Procurement Policy.

“Indigenous Knowledge” means Indigenous traditional knowledge, including knowledge of the


natural environment and traditional lands, and cultural and spiritual values that members of the
community may wish to share to preserve, communicate and contextualize their relationships with
culture and landscape that have been locally developed over time. Indigenous Knowledge is: (a)
an evolving, complex and sophisticated system of knowledge drawing on millennia of wisdom and
experience, (b) an evolving knowledge system that ranges in diversity from governance, ecology,
biology, ecosystems, harvesting, science and other aspects, and (c) such knowledge is held by the
respective knowledge holders and their communities.

“Indigenous Knowledge Policy” means NWMO’s Indigenous Knowledge Policy dated July
2020, as may be updated from time to time.

“Inquiry” has the meaning given in Section 14.3.1.

“Interruption of Operations” has the meaning given in Section 7.4.1.

“Leadership Table” has the meaning given in Section 4.1.1.

“Licence to Construct” means a licence to construct in respect of the Project issued to NWMO
by the CNSC pursuant to the NSCA.
-7-

“Licence to Operate” means a licence to operate the Facility issued to NWMO by the CNSC
pursuant to the NSCA.

“Licence to Prepare Site” means a licence to prepare site in respect of the Project issued to
NWMO by the CNSC, pursuant to the NSCA.

“Licenced Facilities” has the meaning given in Section 14.1.

“Licensing Phase” means the seven (7) year period commencing on the first January 1st following
the Commencement Date, as adjusted pursuant to the terms of this Agreement.

“Local Business” has the meaning given in the Procurement Policy.

“Local Employment and Training Program” has the meaning given in Section 8.1.2.

“Local Indigenous Communities” means: (a) Saugeen Ojibway Nation; and (b) such other
Indigenous communities that NWMO identifies from time to time.

“MAA” has the meaning given in Section 12.3.2.

“Major Applications” means: (a) an impact assessment of the Project under the IAA; and (b) any
licence application made to the CNSC in respect of the Project, including the Licence to Prepare
Site, Licence to Construct, and the Licence to Operate.

“MFIPPA” has the meaning given in Section 16.4.1.

“Milestone Event” has the meaning given in Section 1.1 of Schedule B.

“Milestone Payment” has the meaning given in Section 1.1 of Schedule B.

“MPAC” means the Municipal Property Assessment Corporation or a successor entity.

“Municipal/County Emergency Service” has the meaning given in Section 12.3.1(b).

“Municipality” has the meaning given in the Preamble.

“Municipality Default” has the meaning given in Section 7.8.2.

“Municipality Exit Event” has the meaning given in Section 3.1.2.

“NFWA” has the meaning given in the recitals.

“Notice” means any notice, demand, approval, consent, information, agreement, offer, request or
other communication to be delivered in writing in accordance with Section 21.1.

“Notice of Default” has the meaning given in Section 7.8.1.

“NSCA” means the Nuclear Safety and Control Act (Canada).


-8-

“NWMO” has the meaning given in the Preamble.

“NWMO Exit Event” has the meaning given in Section 3.3.2.

“NWMO Member” means any Person that is a member of NWMO in accordance with the NFWA.

“NWMO Site Selection Notice” has the meaning given in Section 3.3.1.

“NWMO Site Selection Process” has the meaning given in the recitals.

“NWMO Termination Event” has the meaning given in Section 20.2.1.

“NWMO Traffic Analysis Studies” means the studies prepared by NWMO that establish the
existing conditions of potential Haul Routes, assess the potential effects of the Project on such
Haul Routes, and identify any necessary mitigation measures to alleviate such impacts, including
but not limited to, the Road Improvements.

“Operations Phase” means the fifty (50) year period commencing on the first January 1st
following the issuance of a Licence to Operate, as adjusted pursuant to the terms of this Agreement.

“Parties” means NWMO and the Municipality, and each being a “Party”.

“Permanent Cessation Notice” means a Notice delivered to the Municipality that NWMO is
permanently ceasing the emplacement of nuclear waste in the DGR at the end of the then-current
calendar year.

“Person” means any natural person, corporation, company, firm, joint venture, unincorporated
association or organization, union, partnership (general or limited), limited liability company,
unlimited liability company, trust, trustee, executor, administrator or other legal representative,
Governmental Authority, Aboriginal Groups or any other entity or association.

“Personnel” means:

(a) with respect to a Party, any individual employed by, engaged by or seconded to
such Party or any Contractor of such Party, including any consultants, agents,
personnel, augmented staff, labour and other employees of such Party or any such
Contractor, in each case which are used or engaged by such Party or such
Contractor in relation to the Project; and

(b) with respect to a Person other than a Party, any individual employed by, engaged
by or seconded to such Person, including any consultants, agents, personnel,
augmented staff, labour and other employees of such Person, in each case which
are used or engaged by such Person in relation to the Project.

“Phase” means any of the Licensing Phase, Site Preparation Phase, Construction Phase,
Operations Phase, or Extended Monitoring Phase.
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“Procurement Policy” means NWMO’s Local and Indigenous Procurement Guide dated
November 3, 2023, as may be amended, modified, supplemented, or replaced from time to time.

“Project” means the planning, design, assessment, licensing, site preparation, construction,
operation, decommissioning, closure and monitoring of the Base Project Scope, as may be
modified from time to time by Project Scope Modifications, in accordance with the Regulatory
Approvals and this Agreement.

“Project Application Materials” means the submissions to a Governmental Authority in


connection with a Major Application set out in Section 1 of Schedule F.

“Project Emergency Response Plan” or “Project ERP” has the meaning given in Section
12.3.1(a).

“Project Information Materials” means the materials related to a Major Application set out in
Section 3 of Schedule F.

“Project Scope Modification” has the meaning given in Section 5.1.2.

“Project Vision” means the Municipality’s community vision developed at the Project Visioning
Workshops.

“Project Visioning Workshops” means the project visioning workshops conducted by the
Municipality in the community in December 2019 and January 2020 in order to develop the Project
Vision.

“Property Taxes” means the portion of any taxes imposed on real property pursuant to Applicable
Law that is set by the Municipality.

“Property Value Protection Program” has the meaning given in Section 10.1.1.

“Prudent Practices” means any of the practices, methods and activities which, in the exercise of
skill, diligence, prudence, foresight and reasonable judgment by a prudent Person engaged in
similar practices, methods or activities, in light of the facts known or which ought to have been
known by such prudent Person at the time the decision was made, could have been expected to
accomplish the desired result with a view toward safety and at a reasonable cost consistent with
good business practices, reliability, expedition and Applicable Law.

“Receiving Party” has the meaning given in Section 16.1.1.

“Reconciliation Policy” means NWMO’s Reconciliation Policy dated October 2019, as may be
updated from time to time.

“Regulatory Approvals” means any consent, authorization, registration, filing, notification,


certificate, licence, permit, approval or exemption therefrom, by, from, to, or with a Governmental
Authority (including, for clarity, the Municipality), in each case as required to undertake any part
of the Project, and includes all amendments and all non-automatic extensions or renewals of same.
- 10 -

“Regulatory Process” means any Governmental Authority process or proceeding in connection


with obtaining, maintaining, renewing or amending a Regulatory Approval in respect of the
Project.

“Representatives” means, in respect of a Party, that Party’s: (a) shareholders, members and, in
the case of NWMO, NWMO Members (including such NWMO Members’ shareholders); (b)
Contractors; (c) counsel, accountants, financial advisors, technical advisors and other advisors to
that Party or any such shareholder, member, NWMO Member or Contractor; and (d) directors,
officers, and Personnel of such Party, or such Party’s shareholders, or NWMO Members.

“Road Improvements” has the meaning given in Section 12.1.3.

“Road Use Agreement” has the meaning given in Section 12.1.2.

“Segregated Account” means a segregated account controlled by NWMO.

“Site Preparation Phase” means the four (4) year period commencing on the first January 1st
following the issuance of a Licence to Prepare Site, as adjusted pursuant to the terms of this
Agreement.

“Site Servicing Agreement” has the meaning given in Section 12.2.1.

“South Bruce” has the meaning given in the recitals.

“South Bruce Council” means the council for the Municipality as elected in accordance with the
Municipal Act, 2001 (Ontario).

“Special Facility Payment” has the meaning given in Section 2.1(c) of Schedule B.

“Subsurface Rights” has the meaning given in Section 2.3.1.

“Support Payments” has the meaning given in Section 2.1(a) of Schedule B.

“T&E Working Group” has the meaning given in Section 8.1.2.

“Term” has the meaning given in Section 20.1.

“Termination Payments” has the meaning given in Section 20.2.2.

“Traffic Analysis Studies” means the studies to be prepared by or on behalf of NWMO that
establish the existing conditions of potential Haul Routes, assesses the potential effects of the
Project on such Haul Routes, and identify any necessary mitigation measures to alleviate such
impacts, including but not limited to, the Road Improvements.

“Traffic Management Plan” means the plan developed by NWMO outlining the strategies to
manage and safely mitigate the traffic impacts of the Project, and will include the following: traffic
control measures, emergency and incident response procedures, a public communication plan, and
identification of the Haul Routes, as amended from time to time to accommodate the different
phases of the Project.
- 11 -

“Tribunal” has the meaning given in Section 14.3.1.

“Willing Host” means a community that is informed and willing to host the Project.

“Willingness Process” means the process followed by the Municipality in order for it to make an
informed decision on whether it is a Willing Host, which process will culminate in the Community
Decision.

“Working Group” has the meaning given in Section 6.1 of Schedule E.

1.2 Interpretation

1.2.1 In this Agreement:

(a) the tables of contents, headings and references to them in this Agreement
are for convenience of reference only, shall not constitute a part of this
Agreement, shall not define, limit, enlarge, modify or explain the scope,
meaning or intent of this Agreement or any of its provisions, and shall not
be taken into consideration in the interpretation of, or affect the meaning of,
this Agreement;

(b) unless the context otherwise requires, wherever used herein the plural
includes the singular, the singular includes the plural, and each of the
masculine, feminine and neuter genders include all other genders;

(c) the word “including” and “includes” shall not be deemed limited by the
specific enumeration of items but shall, in all cases, be deemed to be without
limitation and construed and interpreted to mean “includes, without
limitation” and “including, without limitation”;

(d) the words “herein”, “hereof”, “hereto”, “hereafter” and “hereunder” and
other terms of like import shall refer to this Agreement as a whole and not
to any particular section or subsection hereof;

(e) “in its sole discretion” shall be deemed to be “in its sole and absolute
discretion”;

(f) “for clarity”, “for certainty”, “for greater clarity”, “for greater certainty” or
similar expressions are used interchangeably and shall be deemed to be
without limitation;

(g) except where the context requires otherwise (irrespective of whether some,
but not all, references in a Schedule specifically refer to that Schedule or to
other portions of this Agreement), references to “Articles”, “Sections” and
“Schedules” shall be to articles, sections and schedules hereof and
“Articles” and “Sections” shall mean and include sections, subsections and
paragraphs and are used interchangeably and are synonymous;
- 12 -

(h) except where the context requires otherwise, references to specific Articles,
Sections, Schedules and other divisions of this Agreement followed by a
number are references to the whole of the Article, Section, Schedule or other
division of this Agreement as applicable, bearing that number, including all
subsidiary provisions containing that same number as a prefix;

(i) the words in this Agreement shall bear their natural meaning except where
otherwise defined in this Agreement;

(j) the Schedules to this Agreement are an integral part of this Agreement and
references to this Agreement shall include a reference to all Schedules
hereto, as the same may be amended, modified, supplemented, or replaced
from time to time; and

(k) all references in this Agreement to a Schedule shall be to a Schedule of this


Agreement.

1.2.2 Unless otherwise specified, any reference to a statute includes and is a reference to
such statute and to the regulations and rules made pursuant to it, with all
amendments in force from time to time, and to any statutes, regulations and rules
that may be passed which have the effect of amending, supplementing, superseding
or replacing such statutes, regulations or rules.

1.2.3 References to “days” shall mean calendar days, unless the term “Business Days” is
used, “weeks” shall mean calendar weeks, and “months” shall mean calendar
months, in each case under the Gregorian calendar.

1.2.4 References to Persons shall include their successors and assigns. References to a
public organization shall include their successors and assigns, and if a public
organization ceases to exist or ceases to perform its functions without a successor
or assign, references to such public organization shall be deemed to include a
reference to any public organization or any organization or entity which has taken
over either or both the functions and responsibilities of such public organization.

1.2.5 A reference in this Agreement to any right, power, obligation or responsibility of


any Governmental Authority shall be deemed to be a reference to the Governmental
Authority that, pursuant to Applicable Law, has such right, power, obligation or
responsibility at the relevant time.

1.2.6 In construing this Agreement, the rule known as the ejusdem generis rule shall not
apply nor shall any similar rule or approach apply to the construction of this
Agreement and, accordingly, general words introduced or followed by the word
“other” or “including” or “in particular” shall not be given a restrictive meaning
because they are followed or preceded (as the case may be) by particular examples
intended to fall within the meaning of the general words.

1.2.7 Where this Agreement states that an obligation shall be performed “no later than”
or “within” or “by” a stipulated date or event which is a prescribed number of days
- 13 -

after a stipulated date or event, the latest time for performance shall be 5:00 p.m.
on the last day for performance of the obligation concerned, or, if that day is not a
Business Day, 5:00 p.m. on the next Business Day.

1.2.8 Where this Agreement states that an obligation shall be performed “on” a stipulated
date, the latest time for performance shall be 5:00 p.m. on that day, or, if that day
is not a Business Day, 5:00 p.m. on the next Business Day.

1.2.9 Any reference to time of day or date means the local time or date in Toronto,
Ontario unless otherwise specified.

1.2.10 Any reference to currency, “dollars” or “$” is to Canadian currency in constant


2025 dollars and any amount advanced, paid or calculated is to be advanced, paid
or calculated in Canadian currency unless another currency is expressly specified
in this Agreement.

1.2.11 The rule of construction that ambiguities are to be resolved against drafting parties
does not apply to the interpretation of this Agreement, and there is no presumption
that any doubtful or ambiguous expression is to be resolved in favour of any Party.

1.2.12 Where in this Agreement a section uses the phrase “without limiting Section ”, it
shall be deemed to be “without limiting the generality of Section ” and “without
limiting Section  in any way”.

1.3 Schedules

The following schedules are attached to and incorporated in this Agreement by reference and
deemed to be a part hereof:

Schedule A ─ Facility Site

Schedule B ─ Financial Benefits

Schedule C ─ Property Value Protection Program

Schedule D ─ Centre of Expertise Terms of Reference

Schedule E ─ Implementation Committee Terms of Reference

Schedule F ─ Regulatory Decision-Making Deliverables

Schedule G ─ Communications Protocol

ARTICLE 2
PROJECT DESCRIPTION

2.1 Base Project Scope

2.1.1 The “Base Project Scope” is comprised of the following:


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(a) the following infrastructure to be located on the Facility Site and within the
Subsurface Rights:

(i) a deep geological repository for the management of nuclear waste


from Accepted Waste Sources (the “DGR”);

(ii) the excavated rock management area (the “ERMA”); and

(iii) all associated buildings, facilities, equipment, structures and


components, including all services, utilities, roadways, parking,
supporting systems, infrastructure and improvements required to
support the site characterization, site preparation, construction,
operation, decommissioning, closure and monitoring of the DGR
and the ERMA;

based on the conceptual design contained in the Conceptual Design Report


as revised to reflect site-specific conditions (collectively, the “Facility”);

(b) the Centre of Expertise; and

(c) any NWMO office or non-nuclear storage functions associated with the
Project that are not located on the Facility Site.

2.1.2 The Municipality acknowledges and agrees that NWMO has the right to make
Project Scope Modifications to the Base Project Scope in accordance with Article 5.

2.2 Facility Site

2.2.1 If the Municipality is selected as a host community for the Project, the Facility will
be located on the surface and within the subsurface of the Facility Site and within
the Subsurface Rights.

2.2.2 NWMO will provide Notice to the Municipality within thirty (30) days of acquiring
rights to any additional lands that NWMO intends to add to the Facility Site. The
Parties agree to amend Schedule A following receipt of such Notice to incorporate
the additional lands into the definition of the Facility Site. Notwithstanding the
timing of any such amendment to the Facility Site to account for such lands, the
definition of Facility Site shall be deemed amended to include such additional lands
effective upon NWMO’s acquisition of such land rights.

2.2.3 The Parties acknowledge and agree that Schedule A shall be reviewed and amended
by both Parties during the Licensing Phase based on the surface and subsurface area
requirements for the Facility resulting from the Major Applications. If, following
the Licensing Phase, NWMO intends to add lands to the Facility Site, the Parties
shall adjust the Special Facility Payment to reflect any loss of Property Taxes
associated with such lands resulting from the application of the Assessment Act
Amendment to those additional lands.
- 15 -

2.2.4 NWMO shall, subject to compliance with Applicable Law, make reasonable efforts
to:

(a) minimize the footprint of surface facilities on the Facility Site;

(b) include the potential for use of the excavated rock from the DGR as part of
an alternative means analysis in the IA Process; and

(c) ensure that public access to the Teeswater River is maintained at the Facility
Site, subject to NWMO’s obligations under the Regulatory Approvals.

2.3 Subsurface Rights

2.3.1 Prior to the commencement of the Construction Phase, the Municipality shall, at
NWMO’s sole election, either:

(a) convey stratified title to NWMO of; or

(b) grant a permanent easement in perpetuity in favour of NWMO (and all


authorized users of the Project), subject to reasonable and customary terms,
over;

the lands under certain municipal roads that are adjacent to the Facility Site,
including portions of Sideroad 25 North and Concession Road 8, at an appropriate
depth to be determined and surveyed based on the Regulatory Approvals, for the
purpose of construction, operation, decommissioning, closure and monitoring of
the DGR and ancillary activities (the “Subsurface Rights”).

2.3.2 The Subsurface Rights shall be conveyed or granted, as the case may be, at no cost
to NWMO. The Municipality acknowledges that the Financial Benefits it will
receive under this Agreement are inclusive of compensation for the Subsurface
Rights.

2.4 Accepted Waste Sources

2.4.1 NWMO may emplace in the DGR, in accordance with the Regulatory Approvals,
the following nuclear waste from the associated sources (collectively, the
“Accepted Waste Sources”):

(a) CANDU Fuel Bundles sourced from previous or existing CANDU Reactors
located in Canada as of the Effective Date, including any CANDU Fuel
Bundles produced by the future operation or refurbishment of those
CANDU Reactors;

(b) used nuclear fuel from all previous and current operations of Atomic Energy
of Canada Limited (or any predecessor or successor thereto); and
- 16 -

(c) any low-level or intermediate level nuclear waste produced by the operation
of the Project that is not further reduced, reused or recycled.

2.4.2 NWMO shall not emplace in the DGR or otherwise store or process at the Facility:

(a) any liquid nuclear fuel waste;

(b) any nuclear waste originating from outside of Canada;

(c) any low-level or intermediate level nuclear waste not included in Section
2.4.1(c); or

(d) any non-fuel high-level waste.

2.5 Project Timeline

2.5.1 As of the Effective Date, NWMO anticipates that, if the Facility Site is selected as
the site for the Project, the Phases will occur in accordance with the following
schedule (the “Anticipated Schedule”):

Phase Anticipated Schedule Anticipated Duration


Licensing Phase 2025-2031 7 Years

Site Preparation Phase 2032-2035 4 Years

Construction Phase 2036-2042 7 Years

Operations Phase 2043-2092 50 Years

Extended Monitoring Phase 2093-2162 70 Years

2.5.2 The Municipality acknowledges and agrees that the Anticipated Schedule is based
on information available to NWMO as of the Effective Date and the start date, end
date and duration of each Phase remain subject to change over the course of the
Project and pursuant to the Adaptive Phased Management approach.

2.6 Project Performance Standard

2.6.1 NWMO shall perform all of its obligations under, and observe all provisions of,
this Agreement and construct, operate and monitor the Project in accordance with
Applicable Law, the Regulatory Approvals, decisions of any Governmental
Authority in respect of the Project and Prudent Practices.
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ARTICLE 3
WILLINGNESS, COMMUNITY SUPPORT AND SITE SELECTION

3.1 Willingness Process

3.1.1 Following completion of the Willingness Process, the Municipality shall deliver a
Notice to NWMO containing a clear statement, as evidenced by a South Bruce
Council resolution, notifying NWMO that the community of South Bruce is or is
not a Willing Host (the “Community Decision”).

3.1.2 The delivery of a Community Decision that the community of South Bruce is not a
Willing Host shall constitute a “Municipality Exit Event” and trigger the Exit
Payment payable in accordance with Section 3.4.1.

3.1.3 If the Municipality fails to deliver Notice to NWMO that the Municipality is or is
not a Willing Host by December 31, 2024, NWMO may, in its sole discretion, deem
that a Municipality Exit Event has occurred as of the date that NWMO delivers
Notice to that effect to the Municipality and trigger the Exit Payment payable in
accordance with Section 3.4.1.

3.2 Community Willingness and Support

3.2.1 Upon delivery of a Community Decision that the community of South Bruce is a
Willing Host, the Municipality acknowledges and agrees that:

(a) it is a Willing Host for the Project in accordance with the terms of this
Agreement;

(b) it supports the Base Project Scope and will participate in any applicable
Regulatory Processes in accordance with the terms of this Agreement; and

(c) it shall, in accordance with the terms of this Agreement, respect the
Regulatory Approvals that have been or may in the future be granted to
NWMO for the Project.

3.2.2 Upon delivery of a Community Decision that the community of South Bruce is a
Willing Host, and subject to the exercise of its municipal authority and its rights
under this Agreement, the Municipality shall:

(a) not engage in any action that could frustrate, delay or interfere with, or stop
NWMO from proceeding with the Project in accordance with the
Regulatory Approvals, including the construction and operation of the
Facility and/or the Centre of Expertise;

(b) use best efforts to attend, but only at NWMO’s reasonable request and
expense, non-regulatory forums (including international forums) related to
the Project, and support the Base Project Scope at such forums; and
- 18 -

(c) at NWMO’s reasonable request, make, publish or communicate to any


Person or in a public forum, its support of the Base Project Scope in
accordance with the terms of this Agreement.

3.2.3 The Municipality acknowledges the Reconciliation Policy and Indigenous


Knowledge Policy issued by NWMO and NWMO’s commitment to reconciliation
with Indigenous communities and incorporation of Indigenous Knowledge as part
of its development of the Project. The Parties acknowledge the importance of
reconciliation with Indigenous peoples and agree that they are committed to
supporting reconciliation efforts with Indigenous communities, including the Local
Indigenous Communities, that are grounded in learning, action and meaningful
relationship.

3.2.4 The Municipality shall perform all of its obligations under, and observe all
provisions of, this Agreement in accordance with Applicable Law.

3.3 NWMO Site Selection Process

3.3.1 Upon completion of the NWMO Site Selection Process, and in any event no later
than four (4) years after the date of the Community Decision, NWMO shall deliver
a Notice to the Municipality, notifying the Municipality that the community of
South Bruce has or has not been selected as the site for the Project (the “NWMO
Site Selection Notice”).

3.3.2 The delivery of an NWMO Site Selection Notice that the community of South
Bruce has not been selected by NWMO as the site for the Project, or the failure of
NWMO to deliver an NWMO Site Selection Notice within four (4) years of the
Community Decision, shall constitute an “NWMO Exit Event” and trigger the Exit
Payment payable in accordance with Section 3.4.1.

3.3.3 If NWMO has received a Community Decision that the community of South Bruce
is a Willing Host and the NWMO Site Selection Process is delayed beyond
December 31, 2024, NWMO will continue funding the Municipality’s costs
associated with its participation in the NWMO Site Selection Process until the
earlier of: (i) the delivery of the NWMO Site Selection Notice, and (ii) four (4)
years of the date of the Community Decision.

3.4 Exit Events

3.4.1 Upon the occurrence of an Exit Event, NWMO shall pay the Municipality Four
Million Dollars ($4,000,000) (the “Exit Payment”) on or prior to the date that is
the later of:

(a) January 7, 2025; and

(b) sixty (60) days following the occurrence of the applicable Exit Event;
- 19 -

by wire transfer of immediately available funds in accordance with wire


instructions provided by the Municipality to NWMO in writing.

3.4.2 Upon receipt by the Municipality of the First Milestone Payment (if applicable) and
Exit Payment, this Agreement shall terminate and, subject to Section 20.3, be of no
further force and effect.

3.4.3 In the event that an Exit Event occurs, the Municipality:

(a) acknowledges and agrees that the Exit Payment: (i) compensates the
Municipality for its participation in the NWMO Site Selection Process; and
(ii) constitutes full and final satisfaction of: (A) all amounts owed by
NWMO to the Municipality in connection with this Agreement and/or the
Project; and (B) any present or future claims, demands and proceedings by
the Municipality in respect of the Project and/or NWMO;

(b) irrevocably waives any right to any additional financial or other


compensation from NWMO in respect of the Project; and

(c) releases NWMO from all liability in relation to this Agreement and the
Project, subject to Section 20.3, and agrees that it shall be precluded from
exercising all other rights and remedies in respect of any liability whether
based upon an action or claim in contract, tort, warranty, equity, negligence,
strict liability, intended conduct or otherwise.

ARTICLE 4
PROJECT GOVERNANCE

4.1 Leadership Table

4.1.1 Within ninety (90) days following the Commencement Date, the Parties shall
establish a leadership table composed of representatives from each of NWMO and
the Municipality that will be responsible for high level oversight of the Parties’
relationship in accordance with the terms of this Agreement (the “Leadership
Table”).

4.1.2 The Leadership Table representatives from the Municipality shall be the Mayor, a
member of South Bruce Council, the Chief Administrative Officer and at least one
(1) other person appointed by South Bruce Council.

4.1.3 The Leadership Table representatives from NWMO shall include NWMO’s Chief
Executive Officer and senior employees that report to NWMO’s executive
committee or Chief Executive Officer.

4.1.4 The Leadership Table shall meet in person or by videoconference at least once
every six (6) months during the Licensing Phase, Site Preparation Phase, and
Construction Phase of the Project and at least once annually during the Operations
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Phase, or at other such intervals as may be required or agreed to from time to time
by the Parties.

4.1.5 The chairperson of the Leadership Table as of the Effective Date shall be an
NWMO representative. Such NWMO representative shall remain chairperson until
the end of the first (1st) full calendar year following the Effective Date, after which
the chairperson shall rotate between the Parties on an annual basis. The chairperson
shall be responsible for convening meetings of the Leadership Table and for setting
the agenda for the meetings.

4.1.6 No decision or recommendation can be made, and no report can be approved, by


the Leadership Table unless at least one (1) representative of each Party is present
at the meeting.

4.1.7 The roles and responsibilities of the Leadership Table will be limited to:

(a) providing a forum for high-level communication on the Project;

(b) receiving and accepting reports, briefings and input from the
Implementation Committee for the purposes of evaluating Agreement
administration, management and implementation;

(c) providing direction to the Implementation Committee;

(d) approving any amendment to the terms of reference for the Implementation
Committee set out in Schedule E;

(e) considering any Project Scope Modifications referred to the Leadership


Table by the Municipality’s representatives on the Implementation
Committee;

(f) providing a forum to discuss and resolve any Disputes referred to the
Leadership Table by the Implementation Committee that cannot be resolved
at the Implementation Committee level; and

(g) any other matters as agreed to by the Parties.

4.1.8 The Leadership Table shall endeavour to reach a consensus on all matters. All
decisions of the Leadership Table must be made unanimously by its members in
attendance.

4.1.9 The Leadership Table will be supported by members of the Implementation


Committee as determined necessary by the Parties.

4.2 Implementation Committee

4.2.1 Within ninety (90) days following the Commencement Date, the Parties shall
establish an implementation committee in accordance with the terms of reference
- 21 -

set out in Schedule E in order to oversee the implementation of this Agreement (the
“Implementation Committee”).

ARTICLE 5
PROJECT SCOPE MODIFICATIONS

5.1 Project Scope Modifications

5.1.1 As at the Effective Date, the Base Project Scope aims to capture a conceptual design
articulated in the Conceptual Design Report. The Municipality acknowledges that,
consistent with the inherent adaptability of the APM process and the long-term
nature of the Project, and the iterative process of engineering design, the design set
out in the Conceptual Design Report will continue to be updated to support future
licensing submissions and as new information becomes available from on-going
site investigation. As such, the Municipality acknowledges that Section 5.1.2 lists
the types of Project Scope Modifications most relevant to the Municipality and
requiring a process as set out in this Article 5.

5.1.2 NWMO may modify the Base Project Scope to allow for any one or more of the
following (each, a “Project Scope Modification”):

(a) emplacement in the DGR of CANDU Fuel Bundles sourced from CANDU
Reactors in Canada that are not in existence as of the Effective Date;

(b) emplacement in the DGR of used nuclear fuel other than an Accepted Waste
Source provided that any such fuel complies with the requirements of
Sections 2.4.2(a) and (b) to exclude any liquid nuclear fuel waste and any
nuclear waste originating from outside of Canada; or

(c) a fundamental revision to aspects of the conceptual design, as reflected in a


subsequent version of the Conceptual Design Report.

5.2 Engagement and Education Plan for Other Canadian Nuclear Fuel Waste

5.2.1 At least three (3) years prior to NWMO making a Major Application for a Project
Scope Modification associated with Section 5.1.2(b), NWMO will provide Notice
to the Municipality, which Notice shall include:

(a) the nature and source of the used nuclear fuel;

(b) an anticipated schedule for the filing of the Major Application; and

(c) a draft plan for engaging with the local community for the purpose of
providing information about the nature of the fuel and the proposed methods
for safely storing the used nuclear fuel (the “Engagement and Education
Plan”).
- 22 -

5.2.2 The Parties shall refer the Notice and draft Engagement and Education Plan to the
Implementation Committee in accordance with Schedule E. NWMO’s
representatives and the Municipality’s representatives on the Implementation
Committee shall collaborate to finalize an Engagement and Education Plan that is
supported by both Parties within six (6) months of the delivery of the Notice.

5.2.3 NWMO shall implement the final Engagement and Education Plan.

5.2.4 If required, the Parties shall negotiate an appropriate adjustment in the amount
identified under the “Business Operations” column in Exhibit 1 of Schedule B to
cover any additional reasonable costs required for the Municipality to participate in
the Engagement and Education Plan.

5.3 Project Scope Modification Process

5.3.1 Prior to making a Major Application for any Project Scope Modification, NWMO
shall seek the support of the Municipality for any Project Scope Modification by
providing the Municipality with a Notice that describes:

(a) the details of the Project Scope Modification;

(b) any required Regulatory Approvals or any amendment required to any


existing Regulatory Approval resulting from such Project Scope
Modification;

(c) whether additional lands need to be added to the Facility Site to


accommodate the Project Scope Modification; and

(d) the projected impact of the Project Scope Modification on the Anticipated
Schedule.

5.3.2 The Parties shall refer the Project Scope Modification to the Implementation
Committee in accordance with Schedule E and, upon request by the Municipality’s
representatives on the Implementation Committee, to the Leadership Table. The
Municipality’s representatives on the Implementation Committee and/or
Leadership Table will have an opportunity to provide comments to NWMO on the
Project Scope Modification.

5.3.3 NWMO will make good faith efforts to address and incorporate any comments
made by the Municipality with respect to the Project Scope Modification. Where
NWMO does not intend to implement the Municipality’s comments, it shall provide
the Municipality with reasons for not adopting those comments. The Municipality
may disclose its comments on the Project Scope Modification and NWMO’s
response in any Regulatory Process in accordance with Section 6.2.5(b).

5.3.4 Nothing in this Section 5.3 shall limit NWMO’s ability to proceed with making the
Project Scope Modification (including, for greater certainty, applying for a
Regulatory Approval or an amendment to an existing Regulatory Approval to make
- 23 -

such Project Scope Modification) after delivering a Notice under Section 5.3.1 to
the Municipality, provided that:

(a) such Project Scope Modification shall not be implemented prior to NWMO
satisfying its obligations under this Section 5.3;

(b) the Project Scope Modification complies with Section 2.4.2; and

(c) NWMO has complied with Article 6 with respect to any Regulatory
Approvals associated with the Project Scope Modification.

5.3.5 If the Operations Phase extends beyond the duration stipulated in the Anticipated
Schedule as a result of a Project Scope Modification, NWMO shall make annual
payments to the Municipality in accordance with Section 4.1 of Schedule B. The
Municipality shall not be entitled to any additional compensation due to a Project
Scope Modification other than the annual payments provided for in Section 4.1 of
Schedule B. The Anticipated Schedule and the Detailed Financial Benefits Table
shall be adjusted on a year-for-year basis to account for the applicable extension of,
and NWMO shall make future payments of Financial Benefits to the Municipality
pursuant to this Agreement in accordance with the revised Anticipated Schedule
and Detailed Financial Benefits Table. For clarity, the Parties acknowledge and
agree that any adjustments required to the Detailed Financial Benefit Table in
accordance with this Section 5.3.5 shall be made using 2025 constant dollars.

5.4 Other Project Modifications

5.4.1 For greater clarity, the Municipality acknowledges and agrees that nothing in this
Article 5 shall limit NWMO’s right to make any modification to the Base Project
Scope that is not a Project Scope Modification provided that:

(a) the modification complies with Section 2.4.2; and

(b) NWMO has complied with Article 6 where applicable.

ARTICLE 6
PARTICIPATION IN REGULATORY DECISION-MAKING

6.1 Major Applications

6.1.1 NWMO shall prepare the Major Applications based upon the Base Project Scope,
subject to any revisions necessary, including to reflect any Project Scope
Modifications made in accordance with Article 5 as of the date of submission. The
Municipality acknowledges that NWMO may, as part of the IA Process, assess
scenarios for the Project that exceed the Base Project Scope.
- 24 -

6.2 Advanced Review of Major Applications

6.2.1 NWMO shall engage and collaborate with the Municipality early in the process of
preparing for a Major Application through the Municipality’s representatives on
the Implementation Committee.

6.2.2 NWMO will provide the Municipality’s representatives on the Implementation


Committee with an electronic copy of draft Project Application Materials at least
forty-five (45) days in advance of submitting such materials to the applicable
Governmental Authority. For greater certainty, the obligation to provide the
Municipality with a copy of any draft Project Application Materials shall not extend
to:

(a) any minor or administrative amendment to, or renewal of, a Major


Application; or

(b) the provision of any documents incorporated or referenced in any draft or


final Project Application Materials.

For greater certainty, NWMO’s obligation to provide Project Application Materials


to the Municipality shall be exclusive of any Indigenous Knowledge unless
applicable consent has been obtained from the relevant knowledge-holder.

6.2.3 The Municipality agrees to review and provide any comments on the draft Project
Application Materials to NWMO’s representatives on the Implementation
Committee within thirty (30) days, subject to any reasonable extensions requested
by the Municipality’s representatives on the Implementation Committee to
complete its review or seek instruction from South Bruce Council.

6.2.4 NWMO will make good faith efforts to address and incorporate any comments
provided by the Municipality that conform to the requirements of Section 6.2.3 and,
where changes are made to the final Project Application Materials, to provide a
copy of the updated documents to the Municipality’s representatives on the
Implementation Committee. Notwithstanding the foregoing, the Municipality
acknowledges and agrees that NWMO has ultimate discretion with respect to
whether and how to incorporate the Municipality’s comments in the final Project
Application Materials.

6.2.5 For any comments provided by the Municipality that NWMO does not incorporate
into the Project Application Materials:

(a) NWMO shall provide the Municipality with the reasons why such
comments were not incorporated; and

(b) notwithstanding its obligations in Section 3.2.2 and Section 6.3.1, the
Municipality may raise those comments and NWMO’s responses in any
Regulatory Process and request that the applicable Governmental Authority
- 25 -

address the Municipality’s issues or concerns in the applicable Regulatory


Approval.

6.2.6 The Municipality acknowledges and agrees that if it does not provide comments on
the draft Project Application Materials that conform to the requirements of Section
6.2.3, it shall not submit any such comments to, or raise any issues or concerns
directly related to the Project Application Materials with the applicable
Governmental Authority during any applicable Regulatory Process.

6.2.7 The Municipality acknowledges and agrees that it will not resubmit any comments
that have been fully incorporated by NWMO or raise any issues or concerns directly
related to such incorporated comments, with NWMO or the applicable
Governmental Authorities during the remainder of any applicable Regulatory
Process.

6.2.8 The Municipality will make good faith efforts to collaborate with other
municipalities that receive capacity funding from NWMO with respect to the
retention of consultants for the purposes of reviewing any Project Application
Materials.

6.2.9 The Municipality acknowledges and agrees that all Project Application Materials,
including drafts of such Project Application Materials and all notes, analysis,
summaries or other documents prepared by either Party in respect thereof, shall be
treated as NWMO’s Confidential Information.

6.3 Participation in Regulatory Processes

6.3.1 The Municipality agrees to support NWMO in any Regulatory Process by:

(a) at the reasonable request of NWMO, submitting letters or providing other


written evidence to any applicable Governmental Authorities in connection
with the applications for Regulatory Approvals confirming it is a Willing
Host in accordance with the terms of this Agreement;

(b) at the reasonable request of NWMO, attending regulatory hearings or


meetings and making oral submissions at such hearings or meetings in
support of the Base Project Scope and any Project Scope Modifications
supported by the Municipality;

(c) subject to Section 6.2.5(b), not taking the position in any Regulatory
Process or otherwise that NWMO should not be granted any Regulatory
Approval or be permitted to undertake any activities in connection with the
Project; and

(d) at the reasonable request of NWMO, providing information that the


Municipality possesses to any Governmental Authority to support any
applications for Regulatory Approvals.
- 26 -

6.4 IA Process and CNSC Licensing Process

6.4.1 In furtherance of the approach in Section 6.2, the Municipality agrees to work with
NWMO in achieving its Project timelines by:

(a) attending workshops at the reasonable request of NWMO; and

(b) providing information requested by NWMO in connection with any of the


deliverables required pursuant to the IA Process, including the deliverables
set out in Section 2.1 of Schedule F.

6.4.2 In furtherance of the approach in Section 6.2, the Municipality agrees to work with
NWMO in achieving its Project timelines associated with its licence applications
to the CNSC by providing information requested by NWMO in connection with
any of the deliverables required in connection with the applicable CNSC licensing
process, including the deliverables set out in Section 2.2 of Schedule F.

6.5 Provision of Project Information Materials

6.5.1 Upon the request of the Municipality, NWMO shall provide the Municipality’s
representatives on the Implementation Committee with an electronic copy of any
of the Project Information Materials identified in Section 3.2 of Schedule F.

6.5.2 The Municipality acknowledges and agrees that any Project Information Materials
provided by NWMO to the Municipality are provided solely for informational
purposes and that the advance review process set out in Section 6.2 does not apply
to Project Information Materials.

ARTICLE 7
FINANCIAL BENEFITS

7.1 Payments by NWMO to the Municipality

7.1.1 NWMO shall pay the financial benefits set out in Schedule B (the “Financial
Benefits”) to the Municipality in accordance with the terms of Schedule B.

7.1.2 The Municipality acknowledges and agrees that: (a) payment of the Financial
Benefits; (b) payment of any Facility Property Taxes and COE Property Taxes; and
(c) any additional payments made in connection with a Project Scope Modification,
Delay Period, or Interruption of Operations:

(a) compensate the Municipality for reasonably foreseeable impacts (direct or


indirect) associated with the Project;

(b) compensate the Municipality for all costs and expenses incurred by the
Municipality, directly or indirectly, in fulfilling its obligations under this
Agreement; and
- 27 -

(c) constitute full and final satisfaction of all amounts owed by NWMO to the
Municipality in connection with this Agreement and the Project, save and
except for any loss the Municipality may suffer as a result of the negligence
or wilful misconduct of NWMO.

7.1.3 In order to maximize the impact of the Financial Benefits on the Municipality, the
Municipality acknowledges and agrees that it shall use commercially reasonable
efforts to source and secure additional funding, including participation in available
federal or provincial government grant programs or other government initiatives,
to aid in the achievement of the Project Vision.

7.2 Delay Payments

7.2.1 The Parties acknowledge and agree that as of the Effective Date, NWMO
anticipates that:

(a) it will complete the NWMO Site Selection Process by December 31, 2024;
and

(b) the Phases will occur in accordance with the Anticipated Schedule.

7.2.2 If commencement of the Site Preparation Phase, Construction Phase or Operations


Phase is delayed beyond January 1st of the first (1st) year stipulated in the
Anticipated Schedule (a “Delay Period”):

(a) for the first (1st) calendar year of any Delay Period, NWMO shall pay to the
Municipality the Annual Payment payable in the final year of the then-
current Phase in accordance with Schedule B;

(b) for the second (2nd), third (3rd) and fourth (4th) calendar year of any Delay
Period, NWMO shall pay to the Municipality, (i) the amount identified
under the “Business Operations” column in Exhibit 1 of Schedule B in the
final year of the then-current Phase, (ii) the Committed Costs of the
Municipality in the then-current year with respect to the amount identified
under the “Community Facilities” column in Exhibit 1 of Schedule B in the
final year of the then-current Phase, but not to exceed such amount; and (iii)
the Special Facility Payment payable in the final year of the then-current
Phase in accordance with Schedule B; and

(c) for the fifth (5th) and any subsequent calendar year of any Delay Period,
NWMO shall make payments to the Municipality in accordance with
Section 7.3.

7.2.3 For greater certainty, NWMO shall not be obligated to pay to the Municipality any
Financial Benefits during any Delay Period, other than as set out in Section 7.2.2
above.
- 28 -

7.2.4 NWMO’s obligations under Section 7.2.2 shall terminate upon the commencement
of the next Phase following the Delay Period.

7.2.5 For greater certainty, all payments made pursuant to this Section 7.2 shall be paid
in accordance with Section 2.2 of Schedule B.

7.3 Extended Delays

7.3.1 Prior to the end of the third (3rd) calendar year of any Delay Period, the Parties shall
require the Implementation Committee to meet by no later than March 31st of the
fourth (4th) calendar year of such Delay Period to consider:

(a) the likelihood of: (i) the Delay Period extending beyond the end of the
fourth (4th) calendar year of such Delay Period; or (ii) NWMO terminating
this Agreement under Section 20.2.1 as a result of such extended Delay
Period;

(b) potential measures that one or both of the Parties could take to end the Delay
Period; and

(c) whether further financial payments will be required by the Municipality


beyond the fourth (4th) year of any Delay Period, taking into account the
payments made to the Municipality and amounts spent by the Municipality
during the Delay Period.

7.3.2 If, based upon the meeting held in accordance with Section 7.3.1, the
Implementation Committee agrees that it anticipates that the Delay Period could
extend beyond the end of the fourth (4th) calendar year, the Implementation
Committee shall, by no later than May 31st of the fourth (4th) calendar year of the
Delay Period, prepare and deliver a report to the Parties and Leadership Table
which contains:

(a) its findings and any recommendations;

(b) a work plan to implement any such recommendations; and

(c) if the Implementation Committee considers necessary, recommendations in


respect of any payments that NWMO should make to the Municipality in
the fifth (5th) and subsequent calendar years of the Delay Period to
compensate the Municipality for costs incurred or to be incurred in
connection with its satisfaction of its obligations under this Agreement.

7.3.3 The Parties and Leadership Table shall: (a) review and consider the Implementation
Committee’s report delivered in accordance with Section 7.3.2; and (b) negotiate
any changes, amendments or modifications to this Agreement in order to address
such Delay Period that extends beyond the fourth (4th) calendar year.
- 29 -

7.4 Interruption of Operations

7.4.1 If during the Operations Phase, NWMO is unable, by reason of any event or
circumstance not caused by or within the reasonable control of NWMO, to emplace
nuclear waste it is licensed to emplace, in the DGR for a minimum of twelve (12)
consecutive months (an “Interruption of Operations”):

(a) NWMO may provide Notice to the Municipality of the Interruption of


Operations;

(b) for the first (1st) calendar year commencing after any Interruption of
Operations, NWMO shall pay to the Municipality the Annual Payment
payable in the year immediately preceding the commencement of the
Interruption of Operations in accordance with Schedule B;

(c) for the second (2nd) and third (3rd) calendar years commencing after any
Interruption of Operations, NWMO shall pay to the Municipality, (i) the
amount identified under the “Business Operations” column in Exhibit 1 of
Schedule B in the year immediately preceding the commencement of the
Interruption of Operations, (ii) the Committed Costs by the Municipality in
the year immediately preceding the commencement of the Interruption of
Operations with respect to the amount identified under the “Community
Facilities” column in Exhibit 1 of Schedule B in the year immediately
preceding the commencement of the Interruption of Operations, but not to
exceed such amount; and (iii) the Special Facility Payment payable in the
year immediately preceding the commencement of the Interruption of
Operations in accordance with Schedule B; and

(d) for the fourth (4th) and any subsequent calendar year commencing after any
Interruption of Operations, NWMO shall make payments to the
Municipality in accordance with Section 7.5.

7.4.2 For greater certainty, NWMO shall not be obligated to pay to the Municipality any
Financial Benefits during any Interruption of Operations, other than as set out in
Section 7.4.1.

7.4.3 NWMO’s obligations under Section 7.4.1 shall terminate upon the earlier of:

(a) the resumption of the emplacement of nuclear waste in the DGR that
NWMO is licensed to emplace; or

(b) the commencement of the Extended Monitoring Phase.

7.4.4 For greater certainty, all payments made pursuant to this Section 7.4 shall be paid
in accordance with Section 2.2 of Schedule B.
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7.5 Extended Interruption of Operations

7.5.1 Prior to the end of any second (2nd) year of any Interruption of Operations, the
Parties shall require the Implementation Committee to meet by no later than March
31st of the third (3rd) year of such Interruption of Operations to consider:

(a) the likelihood of: (i) the Interruption of Operations extending beyond the
end of the third (3rd) calendar year of such Interruption of Operations, or (ii)
the issuance of a Permanent Cessation Notice by NWMO;

(b) whether further financial payments will be required by the Municipality


beyond the end of the third (3rd) calendar year of any Interruption of
Operations, taking into account the payments made to the Municipality and
amounts spent by the Municipality during the Interruption of Operations;
and

(c) in the event NWMO plans to deliver a Permanent Cessation Notice within
the first fifty (50) years of the Operations Phase, any payments that NWMO
should make to the Municipality to address the reduction of the duration of
the Operations Phase.

7.5.2 If, based upon the meeting held in accordance with Section 7.5.1, the
Implementation Committee agrees that it anticipates that the Interruption of
Operations could extend beyond the end of the third (3rd) calendar year, the
Implementation Committee shall, by no later than May 31st of the third (3rd)
calendar year of the Interruption of Operations, prepare and deliver a report to the
Parties and Leadership Table which contains:

(a) its findings and any recommendations;

(b) a work plan to implement any such recommendations; and

(c) if the Implementation Committee considers necessary, recommendations in


respect of any payments that NWMO should make to the Municipality in
the fourth (4th) and subsequent calendar years of the Interruption of
Operations to compensate the Municipality for costs incurred or to be
incurred in connection with its satisfaction of its obligations under this
Agreement.

7.5.3 The Parties and Leadership Table shall:

(a) review and consider the Implementation Committee’s report delivered in


accordance with Section 7.5.2; and

(b) negotiate any changes, amendments or modifications to this Agreement in


order to address such Interruption of Operations that extends beyond the
third (3rd) calendar year, or to address the reduction in the duration of the
Operations Phase.
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7.6 Adjustment to the Anticipated Schedule

7.6.1 Once a Delay Period or Interruption of Operations has ended and the next Phase
has commenced or NWMO has resumed the emplacement of used nuclear fuel in
the DGR, as applicable, the Anticipated Schedule and the Detailed Financial
Benefits Table shall be adjusted on a year-for-year basis to account for the
applicable Delay Period or Interruption of Operations, and NWMO shall resume its
payment of Financial Benefits to the Municipality pursuant to this Agreement in
accordance with the revised Anticipated Schedule and Detailed Financial Benefits
Table. For clarity, the Parties acknowledge and agree that any adjustments required
to the Detailed Financial Benefit Table in accordance with this Section 7.6 shall be
made using 2025 constant dollars.

7.7 Permanent Cessation of Operations

7.7.1 At any time during an Interruption of Operations, NWMO may deliver a Permanent
Cessation Notice. NWMO shall make the following payments to the Municipality
within sixty (60) days of delivery of the Permanent Cessation Notice:

(a) the remainder of the payments that would otherwise be payable in the
calendar year of delivery of the Permanent Cessation Notice;

(b) if the Permanent Cessation Notice is delivered in the last six (6) months of
a calendar year, fifty percent (50%) of the Annual Payment that is payable
for the calendar year following the year in which the Permanent Cessation
Notice is delivered; and

(c) Committed Costs not included in the payments made under Section 7.7.1(a)
and (b), not to exceed $6,000,000 in 2025 constant dollars in the aggregate.

7.7.2 Notwithstanding the foregoing, at any time after the conclusion of the first fifty (50)
years of the Operations Phase, NWMO may deliver a Permanent Cessation Notice.
No such further Operations Phase payments shall be made by NWMO.

7.7.3 NWMO shall not emplace any used nuclear fuel in the DGR after the end of the
then-current calendar year in which the Permanent Cessation Notice is delivered to
the Municipality.

7.7.4 Following delivery by NWMO of a Permanent Cessation Notice, the Anticipated


Schedule and the Detailed Financial Benefits Table shall be adjusted on a year-for-
year basis to account for the permanent cessation of operations, and NWMO shall
make future payments of Financial Benefits to the Municipality pursuant to this
Agreement in accordance with the revised Anticipated Schedule and Detailed
Financial Benefits Table. For clarity, the Parties acknowledge and agree that any
adjustments required to the Detailed Financial Benefit Table in accordance with
this Section 7.7.4 shall be made using 2025 constant dollars.
- 32 -

7.8 Suspension of Payments

7.8.1 In the event NWMO alleges that the Municipality has failed to comply with its
obligations under this Agreement, NWMO shall deliver Notice to the Municipality
thereof, which Notice shall include a description of the alleged default and, if
applicable, the actions required to cure or otherwise remedy the same, with
reasonable specificity (a “Notice of Default”). Where possible and subject to
Section 7.8.3, the Municipality shall promptly cure the default alleged in such
Notice of Default, but, in any event, within thirty (30) days of the date of such
Notice of Default (or such shorter period identified by NWMO in the Notice of
Default if significant legal, financial, economic, or other consequences would likely
result from providing thirty (30) days for the alleged default to be cured).

7.8.2 If the Municipality has not cured the alleged default in a Notice of Default within
the cure period prescribed therein (a “Municipality Default”), NWMO may
suspend payment of any Financial Benefits or other payments or amounts owed to
the Municipality which are payable pursuant to this Article 7 until such
Municipality Default is cured and shall hold those amounts in a Segregated
Account. Within thirty (30) days of the date that the Municipality has cured the
Municipality Default, NWMO shall pay to the Municipality from the Segregated
Account: (a) the Financial Benefits or other payments or amounts owed that were
suspended; less (b) any liabilities, damages, costs and expenses (including
reasonable legal fees) incurred by NWMO in connection with such Municipality
Default.

7.8.3 In the event that the Municipality disputes the claims made in a Notice of Default,
the Municipality may invoke the Dispute resolution process set out in Article 18.

ARTICLE 8
EMPLOYMENT AND TRAINING

8.1 Local Employment and Training Program

8.1.1 NWMO is committed to facilitating employment opportunities for residents of


South Bruce related to the Project.

8.1.2 After the Commencement Date, the Parties agree that the Implementation
Committee shall form a Training and Employment Working Group (the “T&E
Working Group”) to provide recommendations and advice in respect of the
establishment and implementation of a local employment and training program for
residents of South Bruce (the “Local Employment and Training Program”).

8.1.3 NWMO shall prepare and implement the Local Employment and Training Program
based on the following principles:

(a) fostering local employment opportunities offered by NWMO and its


Contractors during Project Phases;
- 33 -

(b) utilizing existing training programs and post-secondary school co-op


programs available to residents of South Bruce;

(c) collaborating with the Municipality on potential educational and training


programs, including accessing funding from Governmental Authorities; and

(d) using commercially reasonable efforts to provide opportunities for summer


jobs and paid internship positions in connection with the Project to young
residents of South Bruce.

8.1.4 Notwithstanding the foregoing, the Municipality acknowledges and agrees that
NWMO may provide certain employment and training opportunities to members of
a local Aboriginal Group on a priority basis.

8.2 Monitoring and Reporting

8.2.1 The T&E Working Group shall prepare, or cause to be prepared, a report, in respect
of the prior two (2) years of the Term, for delivery to the Implementation
Committee which: (a) sets out the status and progress of the implementation of the
Local Employment and Training Program; and (b) provides recommendations to
improve the upon the implementation of the Local Employment and Training
Program. The Implementation Committee shall, in consultation with the T&E
Working Group, determine timing for delivery of such report every two (2) years
until the tenth (10th) anniversary of the issuance of the Licence to Operate.

ARTICLE 9
CENTRE OF EXPERTISE

9.1 Centre of Expertise

9.1.1 If South Bruce is selected as the site for the Project, NWMO shall develop,
construct and operate the Centre of Expertise in accordance with the terms of
reference set out in Schedule D.

9.1.2 The Centre of Expertise shall be located at a location within South Bruce to be
determined by NWMO in consultation with the Municipality, which may be on the
Facility Site or other lands acquired by NWMO within South Bruce.

9.1.3 NWMO shall construct and operate the Centre of Expertise at no cost to the
Municipality.
- 34 -

ARTICLE 10
LOCAL PROTECTION PROGRAMS

10.1 Property Value Protection Program

10.1.1 After the Commencement Date, NWMO shall implement the property value
protection program set out in Schedule C (the “Property Value Protection
Program”).

10.2 Business Loss Protection Program

10.2.1 After the Commencement Date, NWMO will establish a claims-based business loss
protection program to compensate businesses in South Bruce proximate to the
Facility Site for any direct business losses as a result of interruption or disruption
of normal business activities due to the mobilization, construction and
commissioning activities associated with the Project.

10.2.2 The business loss protection program will commence at the start of the Site
Preparation Phase and end one (1) year after the beginning of the Operations Phase.

ARTICLE 11
BUSINESS OPPORTUNITIES

11.1 Business Opportunities

11.1.1 NWMO is committed to facilitating opportunities for Local Businesses to


meaningfully benefit from the Project.

11.1.2 The Parties: (a) acknowledge that, as of the Effective Date, given that the Project is
in an early stage of development, NWMO is not able to identify the specific
contracts and/or work scopes that will be made available to Local Businesses; and
(b) agree that they shall, in conjunction with NWMO’s negotiation of contracts with
certain third parties in respect of the development, construction and operation of
the Project, work together to identify contracts that can be made available to Local
Businesses in accordance with the Procurement Policy.

11.1.3 In support of the obligations set out in Section 11.1.2, the Parties agree that the
Implementation Committee shall form a Business Opportunities Working Group to
provide recommendations and advice to the Implementation Committee in respect
of the establishment and implementation of contracting opportunities for Local
Businesses and facilitate engagement by Local Businesses in connection with such
contracting opportunities offered by NWMO and its Contractors during the relevant
Phases. The Business Opportunities Working Group shall prepare, or cause to be
prepared, an annual report for delivery to the Implementation Committee which,
among other things, includes: (a) a summary of the contracting opportunities that
have been made available to Local Businesses; and (b) recommendations to
improve upon access to and deployment of such opportunities to Local Businesses
in accordance with the Procurement Policy. The Implementation Committee shall,
- 35 -

in consultation with the Business Opportunities Working Group, determine timing


for delivery of such report annually during the Term. NWMO shall consider the
findings of such reports in connection with review of the Procurement Policy.

11.1.4 Notwithstanding the foregoing, the Municipality acknowledges and agrees that
NWMO may provide certain contracting opportunities and/or work scopes to
Indigenous Businesses on a priority basis in accordance with the Procurement
Policy.

ARTICLE 12
SERVICES AND INFRASTRUCTURE

12.1 Road Improvements

12.1.1 After the Commencement Date, NWMO will:

(a) complete the Traffic Analysis Studies prior to filing the Licence to Prepare
Site application with the CNSC; and

(b) prepare a Traffic Management Plan prior to issuance of the Licence to


Prepare Site.

12.1.2 Prior to commencing any activities under the Licence to Prepare Site, NWMO and
the Municipality will enter into a road use agreement (the “Road Use Agreement”)
that shall include the following terms (with such necessary changes, variations,
modifications, and alterations as determined at the time of execution of the Road
Use Agreement):

(a) based on the Traffic Analysis Studies, NWMO will:

(i) establish haul routes within South Bruce for construction vehicles,
used nuclear fuel transport, and access routes for the Project (the
“Haul Routes”); and

(ii) identify the Road Improvements to be made, including the required


roadway width and cross-section to: (A) accommodate Project
construction and operations, (B) accommodate increased traffic due
to the Project, and (C) allow for the elimination of seasonal load
restrictions;

(b) NWMO will be responsible for the cost of the construction of the Road
Improvements, provided that such cost responsibility will be limited to
those costs to upgrade the applicable roads beyond what would be required
in the normal course, had South Bruce not been selected by NWMO as the
site for the Project;

(c) if the Road Improvements result in a road being classified at a level


requiring a higher level of maintenance and repair:
- 36 -

(i) NWMO will be responsible for the cost of maintenance and repair
of the Road Improvements prior to the commencement of the
Operations Phase, provided that such cost responsibility will be
limited to the maintenance and repair costs in excess of those that
would be needed to meet the requirements for the classification of
the road before the Road Improvements were made; and,

(ii) the Parties will determine how to allocate responsibility for


maintenance and repair costs during the Operations Phase based on:
(A) the need for the Road Improvements to remain at the higher road
classification; (B) the incremental approach to cost responsibility set
out in Section 12.1.2(c)(i); and (C) NWMO’s proportionate use of
the Road Improvements during the Operations Phase;

(d) NWMO will pre-pay or post sufficient financial security for the costs of the
Road Improvements, at NWMO’s election;

(e) the Municipality will construct the Road Improvements and carry out
maintenance and repairs on the Haul Routes as reasonably required;

(f) NWMO will pay for the examination of existing bridges and culverts on
those sections of roads identified as Haul Routes to ensure such existing
bridges and culverts meet requirements for safe usage; and

(g) where required to accommodate site preparation or construction of the


Project, NWMO will be responsible for the costs of upgrading bridges and
culverts on the Haul Routes.

12.1.3 For the purposes of the Road Use Agreement, “Road Improvements” will mean
any improvements to the following roads that are needed to accommodate the site
preparation and construction of the Project as determined by NWMO based on the
Traffic Analysis Studies: (A) sections of Concession 8; (B) sections of Sideroad 25
North; (C) Wolfe Street between Bruce Road 6 and Amberley Road (approximately
eight (8) kilometres); (D) Huron Bruce Line between Highway 9 and McIntosh
Road (approximately eight (8) kilometres); and (E) sections of any other roads
within five (5) kilometres of the Licenced Facilities; if selected as Haul Routes.

12.1.4 The Parties agree that this Section applies only in respect of roads, or portions of
roads, within the geographic boundaries of South Bruce and has no force or effect
in respect of roads, or portions of roads, that are not located in South Bruce.

12.2 Water Supply and Wastewater

12.2.1 After the Commencement Date, NWMO shall notify the Municipality whether it
intends to utilize the water or wastewater services of the Municipality to service the
Facility Site. If NWMO decides to utilize the Municipality’s services, NWMO will
enter into a site servicing agreement with the Municipality (the “Site Servicing
Agreement”) prior to commencing any activities under the Licence to Prepare Site.
- 37 -

NWMO will be responsible for any costs associated with the incremental upgrades
to the applicable water or wastewater infrastructure required to service the Facility
Site, including the cost of any class environmental assessment that may be required,
any upgrades to water supply storage and treatment and the installation of piping
and infrastructure to service the Facility Site.

12.2.2 The Site Servicing Agreement shall specify that the acceptance of wastewater
generated by the Facility into the municipal system will be subject to the wastewater
meeting all health and safety standards in Applicable Law.

12.3 Emergency Services

12.3.1 As part of its application for a Licence to Prepare Site, NWMO will:

(a) prepare, or cause to be prepared, an emergency response plan (the “Project


Emergency Response Plan” or “Project ERP”); and

(b) investigate and identify emergency services required from the Municipality
and/or the County that fall outside of the Project ERP (each such emergency
service, a “Municipal/County Emergency Service”, and collectively, the
“Municipal/County Emergency Services”).

12.3.2 Prior to the start of any activities to be performed under the Licence to Construct,
NWMO will enter into a mutual aid agreement (the “MAA”) with the Municipality
and/or the County, as applicable, with respect to any required Municipal/County
Emergency Services identified pursuant to Section 12.3.1(b). The MAA will,
without limitation and with such necessary changes, variations, modifications, and
alterations as determined at the time of execution of the MAA:

(a) define, and if applicable quantify, the supported needs, capabilities,


capacities and funding instruments that will be required by each
Municipal/County Emergency Service to functionally support the Facility;
and

(b) allocate responsibility to NWMO for any incremental costs resulting from
the provision of the Municipal/County Emergency Services to the Facility.

12.4 No Impact on Financial Benefits

12.4.1 NWMO’s responsibility for the incremental costs of any services or infrastructure
under Sections 12.1, 12.2 or 12.3 is distinct from and shall not be funded by a
reduction in the Financial Benefits.

12.5 Housing Growth Strategy

12.5.1 The Municipality shall undertake a housing growth strategy and action plan that
aligns with the Guiding Principles to further the Municipality’s efforts to attract
appropriate housing to meet the needs related to the Project. The Parties shall
- 38 -

collaborate to provide input into the Municipality’s housing strategy and action
plan. The Municipality’s housing strategy and action plan shall be funded by the
Financial Benefits. Nothing in this Section 12.5 shall require NWMO to make any
additional payments to the Municipality in connection with the development or
implementation of the housing growth strategy and action plan.

ARTICLE 13
TAXATION AND FEES

13.1 Municipal Property Taxes

13.1.1 The Parties acknowledge that the Special Facility Payment is intended to be made
in lieu of Property Taxes for the Facility. To achieve this intention, the Municipality
will support NWMO’s efforts to obtain from the applicable Governmental
Authorities an amendment or regulation to the Assessment Act that will result in
the Facility Site not being subject to Property Tax (“Assessment Act
Amendment”) commencing in the calendar year following the Commencement
Date and expiring upon the earlier of an NWMO Termination Event or after seventy
(70) years of the Extended Monitoring Phase.

13.1.2 For any taxation year that begins after the Commencement Date and in which an
Assessment Act Amendment does not apply to the Facility Site for the entire
taxation year, the Parties acknowledge and agree that:

(a) NWMO shall pay Property Taxes for that taxation year or any portion
thereof owed to the Municipality on the Facility Site in accordance with and
as required by Applicable Law based on the assessed value of the Facility
as determined by MPAC in accordance with the Assessment Act (the
“Facility Property Taxes”);

(b) NWMO shall have the right to deduct and set-off any Facility Property
Taxes paid to the Municipality pursuant to Section 13.1.2(a) from any
Financial Benefits or other payments or amounts owed to the Municipality
pursuant to this Agreement in that year; and

(c) if the amounts deducted and set-off by NWMO in Section 13.1.2(b) in a


year are greater than the amount of the Financial Benefits or other payments
made by NWMO in that year, the Municipality shall refund the excess
amount to NWMO.

13.1.3 The Parties’ intent is that, after seventy (70) years of the Extended Monitoring
Phase, NWMO and any subsequent owners shall pay Property Taxes on the Facility
Site in accordance with and as required by Applicable Law then in effect.

13.1.4 In the event NWMO undertakes significant development of the surface of the
Facility Site for uses not contemplated by the Conceptual Design Report, such as
an industrial park or electricity generation, the Parties shall in good faith negotiate
an amendment to this Section 13.1 that aligns with the Parties’ intention and ensures
- 39 -

the Municipality is not deprived of Property Tax revenue that it would have
received if such uses were not located on the Facility Site.

13.1.5 Notwithstanding anything contained herein to the contrary, NWMO shall pay
Property Taxes on the Centre of Expertise and NWMO-owned lands on which the
Centre of Expertise is located, based on the assessed value as determined by MPAC
in accordance with the Assessment Act (the “COE Property Taxes”).

13.2 Municipal Fees and Charges

13.2.1 NWMO shall pay all municipal fees and charges, including development charges
and building permit fees, that are owed to the Municipality in accordance with and
as required by Applicable Law in respect of:

(a) any buildings, facilities, equipment, structures or components located on the


Facility Site that are not Licenced Facilities;

(b) the Centre of Expertise, whether located on the Facility Site or on other
lands acquired by NWMO within the Municipality of South Bruce; and

(c) NWMO office and non-nuclear storage functions associated with the
Project that are not located on the Facility Site.

13.3 Other Governmental Authorities

13.3.1 Nothing in this Agreement shall alter NWMO’s responsibility to pay the portion of
any real property taxes or other fees established by any Governmental Authority
other than the Municipality, including any upper-tier municipality or district school
board, in accordance with Applicable Law or in any way restrict the Municipality’s
ability to collect such taxes or fees from NWMO where it is authorized to do so by
Applicable Law.

ARTICLE 14
MUNICIPAL AUTHORITY

14.1 Scope of Municipal Authority

14.1.1 The Municipality acknowledges that the DGR and certain associated buildings,
facilities, equipment, structures and components located on the Facility Site are
licensed under the NSCA (the “Licenced Facilities”). The Municipality further
acknowledges that the Licenced Facilities are subject to federal laws, and therefore
will not be subject to official plan, zoning, site plan control or other land use
planning and development requirements of the Municipality. NWMO will not be
required to obtain a building permit from the Municipality to construct the Licenced
Facilities and the Municipality shall have no responsibility to approve or inspect
the construction of the Licenced Facilities.
- 40 -

14.1.2 NWMO shall comply with the applicable official plan, zoning, site plan control and
other land use planning and development requirements of the Municipality with
respect to the construction of any buildings, facilities, equipment, structures or
components, whether located on the Facility Site or elsewhere within the
Municipality, that are not Licenced Facilities. NWMO shall obtain all building
permits from the Municipality as required by Applicable Law to construct any
buildings, facilities, equipment, structures or components that are not Licenced
Facilities.

14.1.3 Notwithstanding Section 14.1.1, NWMO shall:

(a) in accordance with Section 6.2, engage with the Municipality with respect
to the placement and design of the ERMA; and

(b) provide information to the Municipality in connection with updating and/or


amending the Municipality’s official plan and zoning by-law to accurately
reflect the location and use of the Facility Site.

14.2 No Derogation of Municipality Authority

14.2.1 All applications made by NWMO for a Regulatory Approval within the
Municipality’s jurisdiction shall be considered by the appropriate municipal officer
based solely on the merits of the application and in the same manner as the
appropriate municipal officer would do with any other similar application from any
other Person. The Municipality shall process, review and render a decision on any
such application in a timely manner to enable NWMO to meet its obligations under
this Agreement.

14.2.2 Nothing in this Agreement shall be interpreted as requiring the Municipality to


approve any application for a Regulatory Approval within the Municipality’s
jurisdiction that is directly or indirectly related to the Project or this Agreement,
except as the Municipality would do with any similar application from any other
Person. NWMO acknowledges that this Agreement is not intended to have the
effect of, expressly or impliedly, fettering the legislative or regulatory discretion of
the current or future South Bruce Council in this regard.

14.2.3 Nothing in this Agreement shall be interpreted as restricting the exercise of any
right of appeal or review available to NWMO under Applicable Law in the event
the Municipality refuses to approve an application made by NWMO for a
Regulatory Approval within the Municipality’s jurisdiction.

14.3 Inquiry Under the Municipal Affairs Act

14.3.1 The Parties acknowledge that: (a) sections 20 and 21 of the Municipal Affairs Act
enable the Ontario Land Tribunal (the “Tribunal”) to conduct an inquiry into the
financial status of a municipality (an “Inquiry”); and (b) if the Tribunal is satisfied
that certain conditions are met, it may make an order vesting control over the affairs
of a municipality in the Ministry of Municipal Affairs and Housing.
- 41 -

14.3.2 The Municipality agrees to: (a) promptly, and in any event within three (3) Business
Days, deliver Notice to NWMO if it intends to request that the Tribunal to conduct
an inquiry pursuant to section 20 of the Municipal Affairs Act or if it has received
notice of such a request from another Person; (b) not object should NWMO wish
to seek to participate in such Inquiry; and (c) provide NWMO a copy of any
document filed with the Tribunal related to the request for an Inquiry.

14.3.3 In the event that an Inquiry is initiated, the Municipality agrees that NWMO shall,
upon delivery of Notice, have the right to hold all Financial Benefits in a Segregated
Account. Upon delivery of such Notice, NWMO shall make payments from the
Segregated Account to third parties for the purposes of: (a) covering costs incurred
in support of the performance of the Municipality’s obligations pursuant to this
Agreement (paid from amounts allocated for Support Payments); or (b) community
infrastructure, housing infrastructure, community well-being, workforce
development and/or police support, as identified in the Detailed Financial Benefits
Table (paid from amounts allocated for Benefits Payments).

ARTICLE 15
CONTRACTORS

15.1 Contractors

15.1.1 Each Party will ensure that:

(a) when its Contractors perform each Party’s obligations under this
Agreement, such Contractors comply with the applicable terms and
conditions of this Agreement by the applicable Party flowing-down such
terms and conditions in the contract entered into with each Contractor
(including its Contractors to flow-down such applicable terms and
conditions to any of its sub-contractors pursuant to the applicable sub-
contract); and

(b) its Contractors do not take any action that such Party is not permitted to take
under this Agreement,

and such Party will be fully responsible and liable if and to the extent that any of
its Contractors: (i) fail to comply with any applicable terms and conditions of this
Agreement; and/or (ii) take any action that such Party is not permitted to take under
this Agreement, in each case to the same extent as if such action or failure had been
an action or failure of such Party hereunder.

15.1.2 Neither Party will be relieved of any liability or obligation under this Agreement
by the delegation of any responsibilities to any Contractor.
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ARTICLE 16
CONFIDENTIALITY

16.1 Definition of Confidential Information

16.1.1 For the purposes of this Agreement, “Confidential Information” means any
information provided by a Party or its Representatives, on the one hand (each, a
“Disclosing Party”), to the other Party or its Representatives, on the other hand
(the “Receiving Party”), in connection with this Agreement, before and after the
Effective Date.

16.1.2 Confidential Information shall not include any information which the Receiving
Party can conclusively establish:

(a) was already lawfully in the possession of the Receiving Party on a non-
confidential basis or lawfully known to the Receiving Party on a non-
confidential basis prior to the disclosure of such information by or on behalf
of the Disclosing Party;

(b) is or was lawfully and independently developed by the Receiving Party, or


on its behalf, by Persons having no access to Confidential Information at
the time of such independent development;

(c) is at the time of disclosure or thereafter becomes part of the public domain
through no breach of the Receiving Party’s confidentiality obligations under
this Agreement; or

(d) is lawfully obtained by the Receiving Party from an independent Person


under no legal obligation to maintain the confidentiality of such
information.

16.2 Treatment of Confidential Information

16.2.1 The Receiving Party shall maintain the confidential nature of Confidential
Information and shall take reasonable steps to protect Confidential Information
from unauthorized use, access and disclosure using at least those measures that it
takes to protect its own Confidential Information of a similar nature, but no less
than reasonable care. Confidential Information shall not be used by the Receiving
Party nor published, communicated or otherwise disclosed by the Receiving Party
to any Person except: (a) as may be required for the performance of the Receiving
Party’s obligations under this Agreement and in accordance with this Agreement;
or (b) as may be required by a Party or its Representatives in connection with the
Project.

16.2.2 The Parties acknowledge and agree that, notwithstanding this Article 16, they shall
handle and disclose Confidential Information in accordance with Applicable Law.
- 43 -

16.3 Disclosure of Confidential Information

16.3.1 Notwithstanding Section 16.2, the Receiving Party may disclose Confidential
Information of the Disclosing Party:

(a) with the prior written consent of the Disclosing Party;

(b) to its Representatives who have a need to know such Confidential


Information, provided that such Representatives have been informed of the
Receiving Party’s confidentiality obligations set out in this Article 16 and
are bound by confidentiality obligations substantially similar in nature and
effect, and at least as stringent as, the Receiving Party’s confidentiality
obligations hereunder;

(c) as may be required pursuant to Applicable Law, provided that:

(i) where permitted by Applicable Law, prior to any such disclosure,


the Disclosing Party shall be promptly notified by the Receiving
Party of the proposed disclosure and the Receiving Party shall, at
the Disclosing Party’s request, take reasonable steps to allow the
Disclosing Party, at the Disclosing Party’s sole cost, to contest the
requirement for disclosure and/or limit the disclosure of
Confidential Information to only such portions as are required by
Applicable Law or to obtain an order or ruling to preserve the
confidentiality of such Confidential Information; and

(ii) the Receiving Party shall (A) only disclose that portion of the
Confidential Information that it is required to disclose, and (B) use
commercially reasonable efforts to ensure that such Confidential
Information is afforded confidential treatment;

(d) in accordance with Section 16.4;

(e) except and to the extent that legal privilege applies to such Confidential
Information, as necessary in connection with any Dispute between the
Parties so long as such disclosure is made on a confidential basis in
accordance with Article 18; and

(f) to a Governmental Authority, in connection with obtaining and/or


maintaining any Regulatory Approval.

16.3.2 The Receiving Party shall be responsible for any breach of this Article 16 by any
of its Representatives. The Receiving Party shall take reasonable measures,
including court proceedings, at its sole expense, to restrain its Representatives from
making unauthorized disclosure or use of Confidential Information of the
Disclosing Party.
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16.3.3 The Receiving Party shall provide Notice to the Disclosing Party of the existence
of any unauthorized disclosure, possession or use of the Disclosing Party’s
Confidential Information, including details of the circumstances surrounding such
unauthorized disclosure, possession or use, promptly after discovery of that
unauthorized disclosure, possession, or use of the Disclosing Party’s Confidential
Information by any Person. The Receiving Party shall co-operate with the
Disclosing Party to stop such unauthorized disclosure, possession or use.

16.4 Access to Information

16.4.1 The Parties acknowledge and agree that the Municipality is subject to the Municipal
Freedom of Information and Protection of Privacy Act (Ontario) (collectively,
along with any other access to information, freedom of information or any other
public disclosure law applicable to the Municipality, “MFIPPA”), and that any
disclosure by the Municipality of any of NWMO’s Confidential Information that is
legally required to be disclosed under MFIPPA shall be permitted in accordance
with this Section 16.4, notwithstanding anything else in this Article 16.

16.4.2 The Municipality agrees that, in the event it receives an access request under
MFIPPA for Confidential Information received from NWMO, the Municipality
shall fully comply with its obligations under MFIPPA in responding to such a
request, including by notifying NWMO of such a request within required
timeframes under MFIPPA and giving reasonable consideration to any
representations made by NWMO regarding the application of exemptions under
MFIPPA to the requested information.

16.4.3 The Parties acknowledge and agree that each NWMO Member and such NWMO
Member’s shareholders may be subject to the certain Federal and Provincial
legislation relating to privacy, access to information, freedom of information,
including, if applicable the Freedom of Information and Protection of Privacy Act
(Ontario) (collectively, “FOI Legislation”), and that any disclosure by any NWMO
Member or its shareholders of any of the Municipality’s Confidential Information
pursuant to applicable FOI Legislation shall be permitted, notwithstanding anything
else in this Article 16.

16.4.4 The Parties acknowledge and agree that the Access to Information Act (Canada)
may apply to Confidential Information disclosed by either Party to a Governmental
Authority. Each Party shall take whatever measures are commercially reasonable
under the Act to preserve the confidentiality of such Confidential Information.

16.4.5 The provisions of this Section 16.4 shall prevail over and in lieu of any other
applicable provisions in this Agreement that conflict with the provisions of this
Section 16.4.

16.5 Injunctive Relief

16.5.1 The Parties agree that monetary damages may not be a sufficient remedy for any
breach by a Receiving Party or any of its Representatives of its, or their, obligations
- 45 -

pursuant to this Article 16 and that, in addition to all other remedies at law or in
equity to which the Disclosing Party may be entitled, the Disclosing Party may be
entitled to specific performance and injunctive or other equitable relief as a remedy
for any such breach.

16.5.2 Each Party involved in a legal proceeding seeking such injunctive relief in a court
of competent jurisdiction outside the Dispute resolution process set out in
Article 18 has the right to disclose in such legal proceedings Confidential
Information as required by and in such legal proceedings.

ARTICLE 17
COMMUNICATIONS

17.1 Communications

17.1.1 The Parties shall comply with the Communications Protocol in Schedule G.

ARTICLE 18
DISPUTE RESOLUTION

18.1 Dispute Resolution Process

18.1.1 If a dispute arises in relation to any matter under this Agreement either Party may
deliver to the other Party a Notice (the “Dispute Notice”) describing in reasonable
detail the dispute, controversy, or claim arising out of or relating to any provision
of this Agreement, or the alleged wrongful exercise or failure to exercise by a Party
of a discretion or power given to that Party under this Agreement (collectively and
individually, a “Dispute”).

18.1.2 The Parties agree to resolve any Dispute following the process set out in Section
18.1. Any resolution to a Dispute pursuant to Section 18.1.3 and Section 18.1.4
shall not be binding on the Parties until approved by both Parties in writing. The
processes set out in Section 18.1.3 to Section 18.1.5 shall be the exclusive
mechanism for resolving any Dispute and are express conditions precedent to
arbitration of a Dispute pursuant to Section 18.1.6.

18.1.3 The Parties agree that any Dispute shall be first referred to the Implementation
Committee for resolution. At the time the Dispute Notice is delivered by a Party to
the other Party, the Party commencing such Dispute shall concurrently provide a
copy of the Dispute Notice to the other Party’s representatives on the
Implementation Committee.

18.1.4 If, within twenty (20) Business Days of delivery of the Dispute Notice to the
Implementation Committee, the Implementation Committee has not resolved the
Dispute, the Dispute shall be referred to the Leadership Table for resolution.

18.1.5 If, within twenty (20) Business Days of the date the Dispute was referred to the
Leadership Table for resolution, the Leadership Table has not resolved the Dispute,
- 46 -

then either Party has the right to refer the Dispute to arbitration in accordance with
Section 18.1.6.

18.1.6 If a Dispute is referred to arbitration, the Parties agree that:

(a) arbitration pursuant to this Section 18.1.6 shall be the sole and exclusive
remedy for the resolution of a Dispute submitted to arbitration;

(b) the arbitration shall be conducted in accordance with the Rules of


Arbitration of the ADR Institute of Canada, or such other arbitration rules
mutually agreed to by the Parties (“Arbitration Rules”), except to the
extent such Arbitration Rules conflict with the provisions of this Section
18.1.6, in which case the provisions of this Section 18.1.6 shall prevail;

(c) the Parties shall be entitled to seek interim measures of protection from the
courts of the province of Ontario pending completion of any arbitration,
including seeking an interim or interlocutory injunction;

(d) the arbitral tribunal shall consist of one (1) arbitrator appointed in
accordance with this Section 18.1.6;

(e) the arbitrator appointed by the Parties to resolve a Dispute shall be an


individual with experience in the subject matter of the Dispute;

(f) the Parties shall jointly appoint an arbitrator within twenty (20) Business
Days of the date the Dispute is referred to arbitration. If the Parties are
unable to mutually agree upon an arbitrator for such Dispute for any reason
whatsoever, such arbitrator shall be appointed by the ADR Institute of
Canada in accordance with the Arbitration Rules and this Section 18.1.6;

(g) the arbitration shall be heard in Toronto, Ontario, unless the Parties
otherwise agree in writing, and English shall be the language of the
arbitration proceedings;

(h) the arbitrator shall apply, and shall be bound by, Applicable Law and the
terms of the Agreement;

(i) the Parties may disclose any Confidential Information to the arbitrator for
the purposes of arbitration of the Dispute;

(j) all arbitration hearings shall constitute Confidential Information to which


Article 16 applies. Any arbitrator appointed pursuant to this Section 18.1.6
shall keep all information and documents relating to the Dispute
confidential and shall not disclose such information or documents to anyone
other than the Parties, unless required to do so by Applicable Law. Any
arbitrator appointed pursuant to this Section 18.1.6 shall not be compellable
as a witness in any subsequent proceeding and their working papers shall
- 47 -

not be subject to subsequent production, unless required by Applicable


Law;

(k) arbitrations shall be governed by the laws of the Province of Ontario;

(l) the arbitrator shall decide the Dispute and shall state in writing the reasons
for the decision;

(m) the Parties shall equally share the fees of the arbitrator and the costs of
arbitration (other than each Party’s legal fees);

(n) the Parties shall each bear their own legal costs of the arbitration;

(o) notwithstanding Section 18.1.6(m) and Section 18.1.6(n), the arbitrator may
order the losing Party to pay all or a portion of the costs of arbitration and
the legal fees of the successful Party; and

(p) any decision of the arbitrator in respect of a Dispute shall be final and
binding on the Parties, provided that a Party may appeal such decision, but
only in respect of a question of law.

18.2 Exclusions

18.2.1 Notwithstanding anything contained in this Agreement to the contrary, Section 18.1
shall not apply to:

(a) the Municipality’s determination of whether the community of South Bruce


is or is not a Willing Host under Section 3.1.1;

(b) NWMO’s decision to select or not select the Facility Site as the site for the
Project under Section 3.3.1;

(c) the processing or denial of any Regulatory Approval within the


Municipality’s jurisdiction under Article 14, provided the Municipality has
complied with the requirements of Section 14.2.1;

(d) the Municipality’s participation in any Regulatory Process, including the IA


Process and CNSC licensing process, provided the Municipality has
complied with the requirements of Section 3.2 and Article 6;

(e) NWMO’s decision to proceed with a Project Scope Modification provided


that NWMO has complied with the requirements of Article 5;

(f) the applicable Party's decision to disclose Confidential Information


pursuant to Section 16.4; and

(g) NWMO’s decision to terminate the Agreement under Section 20.2.1.


- 48 -

ARTICLE 19
REPRESENTATIONS AND WARRANTIES

19.1 Representations and Warranties of NWMO

19.1.1 NWMO acknowledges that the Municipality is relying upon the representations set
out in this Agreement and in connection with its entering into this Agreement,
NWMO represents and warrants as follows:

(a) NWMO is a duly constituted not-for-profit organization;

(b) NWMO is validly existing, and is in good standing with the relevant
Governmental Authority, under the federal laws of Canada;

(c) NWMO has all necessary powers, capacity and authority to enter into this
Agreement and to perform the obligations as set out herein, and to do all
acts and things, and execute, deliver and perform all other agreements,
instruments, undertakings and documents as are explicitly or implicitly
required by this Agreement to be done, executed, delivered or performed by
NWMO;

(d) this Agreement has been duly authorized, executed and delivered by
NWMO and constitutes a legal, valid and binding obligation on NWMO,
enforceable against NWMO in accordance with its terms, subject only to:

(i) limitations with respect to the enforcement of remedies by


bankruptcy, insolvency, moratorium, winding-up, arrangement,
reorganization, fraudulent preference and conveyance and other
laws of general application affecting the enforcement of creditors’
rights generally; and

(ii) general equitable principles and the fact that the availability of
equitable remedies is in the discretion of a court and that a court may
stay proceedings or the execution of judgments;

(e) the execution and delivery by NWMO and the performance by NWMO of
its obligations under this Agreement do not violate or conflict with, or
constitute a default under:

(i) NWMO’s constating, formation or organizational documents,


including any by-laws;

(ii) any Applicable Law; or

(iii) any covenant, contract, agreement, or understanding to which


NWMO is a party; and
- 49 -

(f) to NWMO’s knowledge, there are no actions, suits, proceedings, or


investigations pending or threatened (in writing) against NWMO that could
have a material impact on its ability to fulfill its obligations under this
Agreement.

19.1.2 All of the representations and warranties of NWMO set forth in Section 19.1.1 are
true and correct on the Effective Date and NWMO covenants that the
representations and warranties set forth in Section 19.1.1 shall continue to be true
and correct throughout the Term. NWMO shall provide the Municipality with
Notice if any of the representations and warranties of NWMO set forth in Section
19.1.1 was false or inaccurate on the Effective Date or becomes false or inaccurate
at any time during the Term, such notice to be provided no later than five (5)
Business Days after NWMO becomes aware of such falsity or inaccuracy.

19.2 Representations and Warranties of the Municipality

19.2.1 The Municipality acknowledges that NWMO is relying upon the representations
and warranties set out in this Agreement and in connection with its entering into
this Agreement, the Municipality represents, warrants and covenants as follows:

(a) the Municipality is duly established and validly subsisting under the laws
of the Province of Ontario;

(b) the South Bruce Council has approved this Agreement and the entering into
of such Agreement, and will provide a copy of the South Bruce Council
resolution evidencing such approval to NWMO concurrent with its
execution of the Agreement;

(c) the Municipality has all necessary powers, capacity and authority to enter
into this Agreement and to perform the obligations as set out herein, and to
do all acts and things, and execute, deliver and perform all other agreements,
instruments, undertakings and documents as are explicitly or implicitly
required by this Agreement to be done, executed, delivered or performed by
the Municipality;

(d) this Agreement has been duly authorized, executed and delivered by the
Municipality and constitutes a legal, valid and binding obligation on the
Municipality, enforceable against the Municipality in accordance with its
terms, except as such enforcement may be limited by bankruptcy,
insolvency or other laws of general application affecting the rights of
creditors and except that specific performance is an equitable remedy which
may only be awarded in the discretion of the court;

(e) the execution and delivery by the Municipality and the performance of its
obligations under this Agreement do not violate or conflict with, or
constitute a default under:
- 50 -

(i) the terms and provisions of the Municipal Act, 2001, or the by-laws
or other governing documents of the Municipality;

(ii) any Applicable Law or any order or decree of any court or tribunal
to which the Municipality is subject; or

(iii) any covenant, contract, agreement, or understanding to which the


Municipality is a party; and

(f) to the Municipality’s knowledge, there are no actions, suits, proceedings, or


investigations pending or threatened (in writing) against the Municipality
that could have a material impact on its ability to fulfill its obligations under
this Agreement.

19.2.2 All of the representations and warranties of the Municipality set forth in Section
19.2.1 are true and correct on the Effective Date and the Municipality covenants
that the representations and warranties set forth in Section 19.2.1 shall continue to
be true and correct throughout the Term. The Municipality shall provide NWMO
with Notice if any of the representations and warranties of the Municipality set forth
in Section 19.2.1 was false or inaccurate on the Effective Date or becomes false or
inaccurate at any time during the Term, such notice to be provided no later than
five (5) Business Days after the Municipality becomes aware of such falsity or
inaccuracy.

ARTICLE 20
TERM, TERMINATION AND SURVIVAL

20.1 Term

20.1.1 This Agreement shall commence on the Effective Date and continue until the earlier
of:

(a) the date that this Agreement is terminated in accordance with Section 3.4.2;

(b) the date that this Agreement is terminated in accordance with Section
20.2.3; and

(c) completion of the Extended Monitoring Phase (the “Term”).

20.2 Termination

20.2.1 NWMO may terminate this Agreement following the Commencement Date and
prior to the emplacement of any nuclear waste in the DGR, by delivering a Notice
to the Municipality that it is abandoning development of the Project in South Bruce
(an “NWMO Termination Event”).

20.2.2 Upon the occurrence of an NWMO Termination Event, NWMO shall:


- 51 -

(a) remediate any impacts to the Facility Site arising from site preparation and
construction activities undertaken in connection with the Project in
accordance with Applicable Law; and

(b) make the following payments to the Municipality within sixty (60) days of
the NWMO Termination Event (the “Termination Payments”):

(i) the remainder of the Annual Payment that would otherwise be


payable in the calendar year of the NWMO Termination Event in
accordance with Schedule B, as adjusted in accordance with Section
7.2 to account for any Delay Period;

(ii) if the NWMO Termination Event occurs in the last six months of a
calendar year, fifty percent (50%) of the Annual Payment that is
payable for the calendar year following the one in which the NWMO
Termination Event occurred, in accordance with Schedule B, as
adjusted in accordance with Section 7.2 to account for any Delay
Period; and

(iii) Committed Costs not included the in Annual Payments made under
Sections 20.2.2(b)(i) and (ii), not to exceed $6,000,000 in 2025
constant dollars in the aggregate.

20.2.3 Upon receipt of the Termination Payments by the Municipality, this Agreement
shall terminate and, subject to Section 20.3, be of no further force and effect.

20.2.4 In the event that an NWMO Termination Event occurs, the Municipality:

(a) may revoke, on a prospective basis, the Community Decision that South
Bruce is a Willing Host for the Project;

(b) acknowledges and agrees that, subject to NWMO complying with its
obligations under Section 20.2.2, the Termination Payments: (i) compensate
the Municipality for all impacts (whether direct or indirect) related to the
Project; and (ii) constitute full and final satisfaction of: (A) all amounts
owed by NWMO to the Municipality in connection with this Agreement
and/or the Project; and (B) any present or future claims, demands and
proceedings by the Municipality in respect of the Project and/or NWMO;

(c) irrevocably waives any right to any additional financial or other


compensation from NWMO in respect of the Project; and

(d) releases NWMO from all liability in relation to this Agreement and the
Project, subject to Section 20.3, and agrees that it shall be precluded from
exercising all other rights and remedies in respect of any liability whether
based upon an action or claim in contract, tort, warranty, equity, negligence,
strict liability, intended conduct or otherwise.
- 52 -

20.3 Provisions Surviving Termination of the Agreement

20.3.1 Notwithstanding the expiration of the Term:

(a) each Receiving Party shall continue to keep confidential all Confidential
Information of the Disclosing Party;

(b) any monies due and owing shall be paid promptly, upon final calculation,
to the Party to which such monies are owed by the Party which owes such
monies, and any accounting for such monies required under this Agreement
shall be thereafter forthwith provided by the Party receiving such monies to
the Party paying such monies; and

(c) Article 15, Article 16, Article 18, Article 21, Section 20.2.2, Section 20.2.4,
Section 22.9, and Section 22.10, and any other provisions of this Agreement
which are expressed to survive termination or which are required to give
effect to such provisions which survive termination or to such termination
or the consequences of such termination shall survive the termination of this
Agreement.

ARTICLE 21
NOTICES

21.1 Notices

21.1.1 Any notice, demand, offer, or other written instrument required or permitted to be
given pursuant to this Agreement shall be in writing and signed by the Party giving
such notice and shall be sent by electronic mail to the other Party at such address
as set forth below:

(a) if delivered to NWMO:

Address: 22 St. Clair Avenue East, 4th Floor


Toronto, Ontario M4T 2S3

Attention: Doug Taylor, Vice-President, General Counsel


Email: dtaylor@nwmo.ca

(b) if delivered to the Municipality:

Address: PO Box 540, 21 Gordon Street East


Teeswater, Ontario, N0G 2S0

Attention: Leanne Martin, Chief Administrative Officer / Deputy Clerk


Email: clerk@southbruce.ca

21.1.2 Any Party shall have the right to change the place to which such notice shall be sent
or delivered by similar notice sent in like manner to the other Party. The effective
- 53 -

date of any notice issued pursuant to this Agreement shall be the date of the
addressee’s receipt of such notice.

ARTICLE 22
GENERAL PROVISIONS

22.1 Assignment and Transfer

22.1.1 Except where required by Applicable Law, neither Party shall have any right to
transfer or otherwise assign this Agreement or any interest herein to any other
Person without the prior written consent of the other Party, which consent may be
withheld at that Party’s sole discretion.

22.2 No Partnership

22.2.1 Nothing in this Agreement shall be construed as creating a legal partnership, joint
venture or association or a trust, fiduciary, or similar relationship. It is further
understood and agreed that no Party is liable for the acts, covenants, and agreements
of the other Party, except as may be expressly provided in this Agreement.

22.3 Entire Agreement

22.3.1 This Agreement constitutes the entire agreement between the Parties pertaining to
the subject matter of this Agreement and supersedes all other prior agreements and
undertakings, both written and oral, among the Parties with respect to the subject
matter hereof. There are no warranties, conditions, or representations (including
negligent misrepresentations and any that may be implied by statute) and there are
no promises, covenants or agreements (including collateral contracts) in connection
with such subject matter except as specifically set forth or referred to in this
Agreement. No reliance is placed on any warranty, representation (including
negligent misrepresentation), promise, covenant, agreement, opinion, advice or
assertion of fact made either prior to, contemporaneous with, or after entering into
this Agreement, or any amendment or supplement thereto, by any Party to this
Agreement or its Representatives to the other Party to this Agreement or its
Representatives, except to the extent that the same has been reduced to writing and
included as a term of this Agreement, and neither of the Parties to this Agreement
have been induced to enter into this Agreement or any amendment or supplement
by reason of any such warranty, representation (including negligent
misrepresentation), promise, covenant, agreement, opinion, advice or assertion of
fact. Accordingly, there shall be no liability, either in tort (including negligence
and negligent misrepresentation) or in contract, assessed in relation to any such
warranty, representation (including negligent misrepresentation), promise,
covenant, agreement, opinion, advice or assertion of fact, except to the extent
contemplated above.
- 54 -

22.4 Amendment

22.4.1 No change, amendment or modification of this Agreement shall be valid or binding


upon the Parties hereto unless such change, amendment, or modification shall be in
writing and executed by both Parties.

22.5 Successor and Assigns

22.5.1 This Agreement shall enure to the benefit of and be binding upon the Parties and
their respective successors and permitted assigns, which shall mean any successor
to either Party in accordance with any legislation providing for the same. For
greater certainty, the Parties acknowledge and agree that where the Municipality
amalgamates or restructures, this Agreement shall enure to the benefit of and be
binding upon the municipal corporation resulting from such amalgamation or
restructuring.

22.6 No Waiver

22.6.1 Any waiver of, or consent to depart from, the requirements of any provision of this
Agreement shall be effective only if it is in writing and signed by the Party giving
it, and only in the specific instance and for the specific purpose for which it has
been given. No failure on the part of any Party to exercise, and no delay in
exercising, any right under this Agreement shall operate as a waiver of that or any
future right. No single or partial exercise of any such right shall preclude any other
or further exercise of that right or the exercise of any other right.

22.7 Severability

22.7.1 The invalidity of one or more of the phrases, sentences, clauses, Articles or Sections
contained in this Agreement shall not affect the validity of the remaining portion of
the Agreement so long as the material purposes of this Agreement can be
determined and effectuated. If any provision of this Agreement or its application to
any Party or circumstance is restricted, prohibited or unenforceable, that provision
shall be ineffective only to the extent of that restriction, prohibition or
unenforceability without invalidating the remaining provisions of this Agreement.
In the event of such restriction, prohibition or unenforceability, the Parties shall
make good faith efforts to negotiate a provision to replace the impugned provision
so as to maintain the intent and purpose of this Agreement.

22.8 Further Assurances

22.8.1 Each of the Parties to this Agreement hereby agrees that it shall promptly do, make,
execute or deliver, or cause to be done, made, executed or delivered, all such further
acts, documents and things as the other Party may reasonably require from time to
time for the purpose of giving effect to the provisions of this Agreement and each
of the Parties to this Agreement agrees that it shall use reasonable efforts and take
all such steps as may be reasonably within its power to implement to their full extent
the provisions of this Agreement.
- 55 -

22.9 Governing Law

22.9.1 This Agreement shall be governed by, and interpreted and enforced in accordance
with, the laws of the Province of Ontario and the laws of Canada applicable therein.

22.10 Jurisdiction

22.10.1Subject to Article 18, the Parties hereby irrevocably attorn to the exclusive
jurisdiction of the courts of the Province of Ontario and all courts competent to hear
appeals therefrom.

22.11 Counterparts and Transmission

22.11.1This Agreement and any amendment, supplement, restatement or termination of


any provision of this Agreement may be executed and delivered in any number of
counterparts, each of which when executed and delivered is an original but all of
which taken together constitute one and the same instrument. A Party’s
transmission by facsimile, e-mail attachment (PDF document), or other electronic
means, of a copy of this Agreement duly executed by that Party shall constitute
effective delivery by that Party of an executed copy of this Agreement to the Party
receiving the transmission. A Party that has delivered this Agreement by facsimile
shall forthwith deliver an originally executed copy to the other Party.

[Remainder of this page left intentionally blank.]


IN WITNESS WHEREOF the Parties have duly executed this Agreement as of the Effective
Date.

NUCLEAR WASTE MANAGEMENT


ORGANIZATION

By: Original Signed


Name: Laurie Swami
Title: President and CEO

THE CORPORATION OF THE


MUNICIPALITY OF SOUTH BRUCE

By:
Name: Mark Goetz
Title: Mayor

By:

Name: Leanne Martin


Title: Chief Administrative
Officer / Deputy Clerk
SCHEDULE A
FACILITY SITE

LEGAL DESCRIPTION ARN


PT RDAL BTN LT 20 AND LT 21 CON 9 CULROSS CLOSED BY
410506000222800
CU14462 AS IN R152802; LT 21 CON 9 CULROSS; SOUTH BRUCE
LT 23 CON 8 CULROSS; SOUTH BRUCE 410506000219300
LT 33 CON 9 CULROSS; SOUTH BRUCE 410506000224500
LT 22 CON 8 CULROSS; SOUTH BRUCE 410506000219200
W1/2 LT 23 CON 9 CULROSS; SOUTH BRUCE 410506000223100
E 1/2 LT 29 CON 8 CULROSS; LT 28 CON 8 CULROSS
410506000220000
MUNICIPALITY OF SOUTH BRUCE
-2-

LEGAL DESCRIPTION ARN


LT 29 CON 9 CULROSS; SOUTH BRUCE 410506000224000
N 1/2 LT 26 CON 8 CULROSS; SOUTH BRUCE 410506000219800
LT 25 CON 9 CULROSS; SOUTH BRUCE 410506000223400
PT LT 25 CON 8 CULROSS AS IN R350298; SOUTH BRUCE 410506000219500
S 1/2 LT 26 CON 8 CULROSS; SOUTH BRUCE 410506000219700
E 1/2 LT 26 CON 9 CULROSS; PT LT 26 CON 10 CULROSS LYING S
410506000223500
OF TEESWATER RIVER; SOUTH BRUCE
W 1/2 LT 26 CON 9 CULROSS; SOUTH BRUCE 410506000223600
LT 28 CON 9 CULROSS; SOUTH BRUCE 410506000223800
W 1/2 LT 29 CON 8 CULROSS; LT 30 CON 8 CULROSS; SOUTH
410506000220100
BRUCE
PT LT 27 CON 9 CULROSS PT 1, 3R8222 MUNICIPALITY OF SOUTH
410506000223700
BRUCE
LT 27 CON 9 CULROSS EXCEPT PT 1, 3R8222 MUNICIPALITY OF
410506000223705
SOUTH BRUCE
PT LT 24 CON 9 CULROSS AS IN R297036 MUNICIPALITY OF
410506000223200
SOUTH BRUCE
PT LT 24 CON 9 & PT LT 23-25 CON 10 CULROSS PT 1 3R8786;
410506000302302
SOUTH BRUCE
LT 30 CON 9 CULROSS; SOUTH BRUCE 410506000224100
SCHEDULE B
FINANCIAL BENEFITS

The Financial Benefits payable by NMWO to the Municipality are comprised of: (a) Milestone
Payments; and (b) Annual Payments. Additional detail in respect of such payments streams is set
out below and in the table attached as Exhibit 1 of this Schedule B (the “Detailed Financial
Benefits Table”).

1. Milestone Payments.

1.1 NWMO shall make the following milestone payments (each, a “Milestone
Payment”) to the Municipality upon the occurrence of the following:

(a) Four Million Dollars ($4,000,000) upon NWMO’s receipt of a Notice,


based upon the Community Decision, that the community of South Bruce
is a Willing Host (the “First Milestone Payment”, and such event, the
“First Milestone Event”);

(b) if the Facility Site is selected as the site for the Project:

(i) Four Million Five Hundred Thousand Dollars ($4,500,000), upon


submission of the application for the Licence to Construct to the
CNSC;

(ii) Two Million Dollars ($2,000,000), upon the CNSC’s issuance of the
Licence to Construct; and

(iii) Two Million Dollars ($2,000,000), upon the CNSC’s issuance of the
Licence to Operate,

(each, a “Milestone Event”).

1.2 For clarity, each Milestone Payment shall be payable once, upon achievement of
the applicable Milestone, and no Milestone Payment shall be payable for
subsequent or repeated achievements of such Milestone Events.

1.3 NWMO shall make the First Milestone Payment to the Municipality on or prior to
the date that is the later of: (i) January 7th, 2025, and (ii) sixty (60) days following
the occurrence of the First Milestone Event. NWMO shall make all other Milestone
Payments to the Municipality within sixty (60) days following the occurrence of
the applicable Milestone Event.

2. Annual Payments.

2.1 Commencing on January 1st in the calendar year following the Commencement
Date, NWMO shall make an annual payment to the Municipality that is comprised
of:
-2-

(a) payments during certain Phases to compensate the Municipality for the
costs associated with the Municipality’s participation in the development of
the Project, including payments in respect of (i) deliverable-driven
engagement, and (ii) capacity support and governance (collectively, a
“Support Payment”). See the columns identified under the headings
“Business Operations”, and “Community Facilities” in Exhibit 1 of this
Schedule B for a detailed summary of the Support Payments that will be
paid by NWMO to the Municipality during the Term;

(b) payments during certain Phases to provide the Municipality with direct
benefits, including payments in respect of (i) infrastructure and community
well-being, and (ii) youth community training (collectively, a “Benefits
Payment”). See the columns identified under the headings “People,
Community and Culture”, and “Community Services” in Exhibit 1 of
this Schedule B for a detailed summary of the Benefit Payments that will be
paid by NWMO to the Municipality during the Term; and

(c) a payment in lieu of Property Taxes on the Facility (an “Special Facility
Payment”). See the column identified under the heading “Special Facility
Payment” in Exhibit 1 of this Schedule B for a detailed summary of the
Special Facility Payments that will be paid by NWMO to the Municipality
during the Term,

(together, each annual Support Payment, Benefit Payment and Special Facility
Payment made in a given calendar year constitutes an “Annual Payment”).

If the Special Facility Payment is adjusted pursuant to Section 2.2.3 of this


Agreement, the Parties’ intent is that such adjustment be made annually based on
the assessed value of any lands that are added to the Facility Site.

2.2 NWMO shall pay all Annual Payments in quarterly installments within thirty (30)
days of January 1st, April 1st, July 1st and October 1st during the calendar year in
which such Annual Payment becomes due.

2.3 If the Commencement Date occurs after December 31, 2024, the Anticipated
Schedule and the Detailed Financial Benefits Table shall be adjusted on a year-for-
year basis to account for the delay, and NWMO shall make future payments of
Financial Benefits to the Municipality pursuant to this Agreement in accordance
with the revised Anticipated Schedule and Detailed Financial Benefits Table. If the
Commencement Date occurs prior to October 1st in any calendar year following
December 31, 2024, NWMO shall commence paying installments of the Annual
Payment that is due in the calendar year following the Commencement Date in the
then-current calendar year in accordance with Section 2.2, beginning on the first
full calendar quarter following the Commencement Date and ending on December
31st of the calendar year following the Commencement Date. The amount of each
payment shall be reduced on a pro rata basis to reflect the increased number of
installment payments such that the total amount of the payments shall not exceed
-3-

the amount of the first Annual Payment as set out in the Detailed Financial Benefits
Table. For clarity, the Parties acknowledge and agree that any adjustments required
to the Detailed Financial Benefit Table in accordance with this Section 2.3 shall be
made using 2025 constant dollars.

2.4 NWMO acknowledges and agrees that if the Licensing Phase, Site Preparation
Phase or Construction Phase is completed in a period of time shorter than the
Anticipated Duration shown in the table at Section 2.5.1, NWMO shall pay the
Municipality, as a lump sum, twenty-five percent (25%) of all amounts payable for
the remainder of the applicable Phase, as stipulated on the Detailed Financial
Benefits Table. The Anticipated Schedule and the Detailed Financial Benefits
Table shall be adjusted on a year-for-year basis to account for the adjustment in
duration, and NWMO shall make future payments of Financial Benefits to the
Municipality pursuant to this Agreement in accordance with the revised Anticipated
Schedule and Detailed Financial Benefits Table. For clarity, the Parties
acknowledge and agree that any adjustments required to the Detailed Financial
Benefit Table in accordance with this Section 2.4 shall be made using 2025 constant
dollars.

3. Escalation of Financial Benefits

3.1 The Financial Benefits, including the amounts set out in Exhibit 1 of this
Schedule B, are expressed in 2025 constant dollars.

3.2 Commencing on January 1, 2026, and each year thereafter during the Term, the
Financial Benefits paid in such year shall be adjusted by multiplying (i) the
Financial Benefits payable in such year; by (ii) the CPI Adjustment.

4. Extension of Operations Phase

4.1 If the Operations Phase extends beyond the duration stipulated in the Anticipated
Schedule, NWMO shall pay to the Municipality the Annual Payment payable in the
final year of the Operations Phase as set out in Schedule B but exclusive of any
amounts included in the columns identified under the headings “Community
Services” and “Community Facilities” in Exhibit 1 of Schedule B.

4.2 The Anticipated Schedule and the Detailed Financial Benefits Table shall be
adjusted on a year-for-year basis to account for the applicable extension of the
Operations Phase, and NWMO shall make future payments of Financial Benefits
to the Municipality pursuant to this Agreement in accordance with the revised
Anticipated Schedule and Detailed Financial Benefits Table. For clarity, the Parties
acknowledge and agree that any adjustments required to the Detailed Financial
Benefit Table in accordance with this Section 4.2 shall be made using 2025 constant
dollars.
-4-

5. Extension of Extended Monitoring Phase

5.1 Notwithstanding that the Extended Monitoring Phase may extend beyond the
duration stipulated in the Anticipated Schedule, NWMO shall only be obligated to
pay to the Municipality the Financial Benefits set out in the Detailed Financial
Benefits Table for the seventy (70) year duration initially contemplated. No further
Extended Monitoring Phase payments shall be made by NWMO, and no
adjustments shall be made to the Detailed Financial Benefits Table.
EXHIBIT 1
DETAILED FINANCIAL BENEFITS TABLE

Attached.
Schedule B – Financial Benefits

Detailed Financial Benefits Table

People Special Benefits and


Business Milestone Community Community CoE Taxation
Phase Year # Year Event Community Facility Taxation
Operations Payment Services Facilities (estimated)
and Culture Payment (estimated)
Total For All Phases 41,750,000 12,500,000 132,000,000 51,000,000 67,500,000 103,500,000 9,932,000 418,182,000

People Special Benefits and


Business Milestone Community Community CoE Taxation
Phase Year # Year Event Community Facility Taxation
Operations Payment Services Facilities (estimated)
and Culture Payment (estimated)
2024 Community Decision and Site Selection - -
1 2025 Submission of Initial Project Description to IAAC 2,000,000 4,000,000 4,500,000 750,000 750,000 12,000,000
2 2026 2,000,000 4,500,000 750,000 750,000 8,000,000
3 2027 2,000,000 4,500,000 750,000 750,000 8,000,000
Licensing

Submission of Final Impact Statement and Licence to


4 2028 2,000,000 - 4,500,000 750,000 - 750,000 152,800 8,152,800
Prepare Site Application to IAAC and CNSC

5 2029 2,000,000 4,500,000 750,000 750,000 152,800 8,152,800


6 2030 2,000,000 4,500,000 750,000 - 750,000 152,800 8,152,800
7 2031 2,000,000 4,500,000 750,000 - 750,000 152,800 8,152,800
Phase 1 Total 60,611,200

1
Schedule B – Financial Benefits

People Special Benefits and


Business Milestone Community Community CoE Taxation
Phase Year # Year Event Community Facility Taxation
Operations Payment Services Facilities (estimated)
and Culture Payment (estimated)

8 2032 Submission of CNSC Construction Licence Application 2,000,000 4,500,000 3,500,000 750,000 2,500,000 750,000 152,800 14,152,800
Site Prep

9 2033 2,000,000 - 3,500,000 750,000 2,000,000 750,000 152,800 9,152,800


10 2034 2,000,000 3,500,000 750,000 2,000,000 750,000 152,800 9,152,800
11 2035 2,000,000 3,500,000 750,000 2,000,000 750,000 152,800 9,152,800
12 2036 Construction Initiated 2,000,000 2,000,000 3,500,000 750,000 2,000,000 750,000 152,800 11,152,800
13 2037 2,000,000 - 3,500,000 750,000 2,000,000 750,000 152,800 9,152,800
Construction

14 2038 500,000 - 3,500,000 750,000 1,000,000 750,000 152,800 6,652,800


15 2039 500,000 3,500,000 750,000 1,000,000 750,000 152,800 6,652,800
16 2040 500,000 - 3,500,000 750,000 1,000,000 750,000 152,800 6,652,800
17 2041 500,000 3,500,000 750,000 1,000,000 750,000 152,800 6,652,800
18 2042 500,000 3,500,000 750,000 1,000,000 750,000 152,800 6,652,800
Phase 2 Total 95,180,800

2
Schedule B – Financial Benefits

People Special Benefits and


Business Milestone Community Community CoE Taxation
Phase Year # Year Event Community Facility Taxation
Operations Payment Services Facilities (estimated)
and Culture Payment (estimated)

19 2043 Operations Begin 500,000 2,000,000 3,500,000 750,000 1,000,000 750,000 152,800 8,652,800
20 2044 500,000 3,500,000 750,000 1,000,000 750,000 152,800 6,652,800
21 2045 500,000 - 3,500,000 750,000 1,000,000 750,000 152,800 6,652,800
22 2046 250,000 2,500,000 750,000 1,000,000 750,000 152,800 5,402,800
23 2047 250,000 - 2,500,000 750,000 1,000,000 750,000 152,800 5,402,800
24 2048 250,000 - 2,500,000 750,000 1,000,000 750,000 152,800 5,402,800
25 2049 250,000 - 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
26 2050 250,000 - 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
27 2051 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
28 2052 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
29 2053 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
30 2054 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
Operations

31 2055 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800


32 2056 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
33 2057 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
34 2058 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
35 2059 250,000 - 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
36 2060 250,000 - 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
37 2061 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
38 2062 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
39 2063 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
40 2064 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
41 2065 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
42 2066 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
43 2067 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800

3
Schedule B – Financial Benefits

People Special Benefits and


Business Milestone Community Community CoE Taxation
Phase Year # Year Event Community Facility Taxation
Operations Payment Services Facilities (estimated)
and Culture Payment (estimated)

44 2068 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800


45 2069 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
46 2070 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
47 2071 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
48 2072 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
49 2073 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
50 2074 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
51 2075 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
52 2076 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
53 2077 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
Operations (Continued)

54 2078 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800


55 2079 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
56 2080 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
57 2081 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
58 2082 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
59 2083 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
60 2084 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
61 2085 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
62 2086 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
63 2087 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
64 2088 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
65 2089 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
66 2090 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
67 2091 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
68 2092 Operations End 250,000 1,000,000 750,000 1,000,000 750,000 152,800 3,902,800
Phase3 Total 209,890,000

4
Schedule B – Financial Benefits

People Special Benefits and


Business Milestone Community Community CoE Taxation
Phase Year # Year Event Community Facility Taxation
Operations Payment Services Facilities (estimated)
and Culture Payment (estimated)
69 2093 Extended Monitoring Begins (70 years) - - - - - 750,000 - 750,000
70 2094 - - - - - 750,000 - 750,000
71 2095 - - - - 750,000 - 750,000
72 2096 - - 750,000 750,000
73 2097 - 750,000 750,000
74 2098 750,000 750,000
75 2099 750,000 750,000
76 2100 750,000 750,000
77 2101 750,000 750,000
78 2102 750,000 750,000
Extended Monitoring

79 2103 750,000 750,000


80 2104 750,000 750,000
81 2105 750,000 750,000
82 2106 750,000 750,000
83 2107 750,000 750,000
84 2108 750,000 750,000
85 2109 750,000 750,000
86 2110 750,000 750,000
87 2111 750,000 750,000
88 2112 750,000 750,000
89 2113 750,000 750,000
90 2114 750,000 750,000
91 2115 750,000 750,000
92 2116 750,000 750,000

5
Schedule B – Financial Benefits

People Special Benefits and


Business Milestone Community Community CoE Taxation
Phase Year # Year Event Community Facility Taxation
Operations Payment Services Facilities (estimated)
and Culture Payment (estimated)
93 2117 750,000 750,000
94 2118 750,000 750,000
95 2119 750,000 750,000
96 2120 750,000 750,000
97 2121 750,000 750,000
98 2122 750,000 750,000
99 2123 750,000 750,000
100 2124 750,000 750,000
Extended Monitoring Continued

101 2125 750,000 750,000


102 2126 750,000 750,000
103 2127 750,000 750,000
104 2128 750,000 750,000
105 2129 750,000 750,000
106 2130 750,000 750,000
107 2131 750,000 750,000
108 2132 750,000 750,000
109 2133 750,000 750,000
110 2134 750,000 750,000
111 2135 750,000 750,000
112 2136 750,000 750,000
113 2137 750,000 750,000
114 2138 750,000 750,000
115 2139 750,000 750,000

6
Schedule B – Financial Benefits

People Special Benefits and


Business Milestone Community Community CoE Taxation
Phase Year # Year Event Community Facility Taxation
Operations Payment Services Facilities (estimated)
and Culture Payment (estimated)
116 2140 750,000 750,000
117 2141 750,000 750,000
118 2142 750,000 750,000
119 2143 750,000 750,000
120 2144 750,000 750,000
121 2145 750,000 750,000
122 2146 750,000 750,000
123 2147 750,000 750,000
Extended Monitoring Continued

124 2148 750,000 750,000


125 2149 750,000 750,000
126 2150 750,000 750,000
127 2151 750,000 750,000
128 2152 750,000 750,000
129 2153 750,000 750,000
130 2154 750,000 750,000
131 2155 750,000 750,000
132 2156 750,000 750,000
133 2157 750,000 750,000
134 2158 750,000 750,000
135 2159 750,000 750,000
136 2160 750,000 750,000
137 2161 750,000 750,000
138 2162 Extended Monitoring Ends 750,000 750,000
Phase 4 Total 52,500,000

7
SCHEDULE C
PROPERTY VALUE PROTECTION PROGRAM

Attached.
NWMO Property Value Protection
Program
February 2022

Prepared for: Prepared by:


Nuclear Waste Management Colliers Strategy & Consulting
Organization

12B Clinton Street


Teeswater, ON N0G 2S0 Canada
Tel.: 519 392 6966

Page 1
Table of Contents
Definitions ........................................................................................................................................................................ 4
Introduction................................................................................................................................................. 7
Project Background......................................................................................................................................................... 7
NWMO Context ................................................................................................................................................................ 7
Objective ........................................................................................................................................................................... 7
Program Review............................................................................................................................................................... 8
Methodology ............................................................................................................................................... 9
Overview ........................................................................................................................................................................... 9
Benchmarked Program Elements ................................................................................................................................. 9
Common Elements ............................................................................................................................................. 9
Unique Elements ................................................................................................................................................ 9
Other Considerations ........................................................................................................................................ 9
PVP Program .............................................................................................................................................. 10
1. Program Scope ................................................................................................................................... 11
Overview ............................................................................................................................................................11
1.1. Loss of Value ....................................................................................................................................................... 11
1.2. Program Start Date, Program End Date, and Program Review .................................................................. 11
1.2.1. Program Start Date ............................................................................................................................11
1.2.2. Program End Date ..............................................................................................................................11
1.2.3. Program Review ..................................................................................................................................11
1.3. Program Eligibility.............................................................................................................................................. 11
1.4. Claim Frequency ................................................................................................................................................. 12
2. Participation and Real Property Types ............................................................................................ 13
2.1. Program Participation....................................................................................................................................... 13
2.2. Impacted Real Property Types .......................................................................................................................... 13
3. Location .............................................................................................................................................. 14
4. Compensation .................................................................................................................................... 16
4.1. Compensation methodology ............................................................................................................................ 16
Overview ............................................................................................................................................................16
4.1.1. Scenarios 1, 3 and 4: transaction within range or above Market Value ......................................16
4.1.2. Scenario 2: transaction below Market Value ..................................................................................16
4.2. Calculating Compensation ............................................................................................................................... 16
4.3. Compensation Outcome Examples ................................................................................................................. 17
4.4. Reimbursable expenses ..................................................................................................................................... 19
5. Key dates ............................................................................................................................................ 20
5.1. Site Selection Announcement ............................................................................................................................ 20
5.2. Property ownership............................................................................................................................................ 20
5.3. Closing of the Transaction ................................................................................................................................ 20
5.4. Claim submission ............................................................................................................................................... 20
6. Program administration and documentation required ................................................................ 21
6.1. Filing a claim ...................................................................................................................................................... 21

Page 2
6.2. Documentation required to support the claim .............................................................................................. 21
6.3. Process and timeline .......................................................................................................................................... 23
6.3.1. Process and timeline summary ........................................................................................................23
6.4. Process and timeline details ............................................................................................................................. 25
6.4.1. Claim submission................................................................................................................................25
6.4.2. Claim acceptance ................................................................................................................................25
6.4.3. Claim review ........................................................................................................................................26
6.4.4. Claim confirmation .............................................................................................................................26
6.4.5. Claim dispute resolution....................................................................................................................27
6.4.5.1. Claim dispute resolution – Referee ...............................................................................................27
6.4.5.2. Claim dispute resolution – Arbitration .........................................................................................28
6.4.6. Claim payment ....................................................................................................................................29
7. Adjacent properties ........................................................................................................................... 30
7.1. Additional PVP Program details for Adjacent Owners .................................................................................. 30
7.1.1. Adjacent Property Scope ...................................................................................................................30
7.1.2. Adjacent Property Participation and Real Property type ..............................................................30
7.1.3. Adjacent Property Location ...............................................................................................................30
7.1.4. Adjacent Property Compensation ....................................................................................................31
7.1.5. Adjacent Property key dates .............................................................................................................31
7.1.5.1. Program Start Date .........................................................................................................................31
7.1.5.2. Adjacent Property end date ...........................................................................................................31
7.1.5.3. Program Review ...............................................................................................................................32
7.2. Adjacent Property process ................................................................................................................................ 32
8. Arbitration .......................................................................................................................................... 35
8.1. Introduction ........................................................................................................................................................ 35
8.2. Arbitration overview ........................................................................................................................................... 35
8.3. Overview of the arbitration process for the PVP Program ........................................................................... 35
9. Appraisal Terms of Reference .......................................................................................................... 37
9.1. Overview .............................................................................................................................................................. 37
9.2. Date of Appraisal ............................................................................................................................................... 37
9.3. Requirements ...................................................................................................................................................... 37
Appendix 1 – Claim Process ..................................................................................................................... 40

Table of figures
Figure 1 - The map below depicts the general geographic Location of the properties within the
PVP Area with red line highlighting a 5 km radius from potential DGR location. ....................................15

Figure 2 - The map below depicts 5 km (red line) radius overlayed onto the PVP Area and
highlights the NWMO owned and optioned land, along with the adjacent properties. .........................34

Page 3
Definitions
i. AACI - Accredited Appraiser Canadian example, multi-family Residential or mixed-
Institute. use).
ii. Adjacent Property / Adjacent Owner(s) – viii. Compensation - describes the type and
Individual, group of individuals, or registered structure of compensation for a successful
enterprises that hold legal ownership (title) claim.
over the subject Real Property. For the PVP ix. Closing of the Transaction – when the
Program, "adjacent" refers to properties that Owner(s)/seller receives the funds from the
share one or more property boundaries with Purchaser to close the transaction and the
property owned or optioned by the Nuclear Purchaser or its representative submits the
Waste Management Organization (NWMO) in documents to Land Titles for registration.
the Municipalities of South Bruce or x. CRA - Canadian Residential Appraiser.
Township of Huron-Kinloss only and are xi. Deep Geological Repository/deep
located within the PVP Area. geological repository (DGR) – a network of
iii. Administrative Process – a set of deep subsurface tunnels and placement
procedural steps required to be taken as rooms for used nuclear fuel containers
part of the submission of the claim to the designed for safe long-term containment
PVP Program. and isolation of spent nuclear fuel.
iv. Arbitration - When a dispute cannot resolve xii. Host Community – the Municipality which is
through a Referee (at the Claim resolution an informed and willing host of the DGR
step of the claim process), the matter can be within its geographical boundaries.
referred to Arbitration. In Arbitration, an xiii. Location – the distance from the centre
independent unbiased person (sole point of the site or distance from the site
arbitrator) hears evidence and submissions boundary to form the covered area by the
from both the Claimant and the NWMO PVP Program.
before issuing a final and binding decision. xiv. Market Value – The most probable price, as
v. Claim Frequency – how often one can of a specified date, in cash, or terms
submit a claim under the PVP Program. equivalent to cash, or precisely revealed
vi. Claimant – the Owner or group of Owners terms, for which the specified property rights
making a claim under the PVP Program should sell after reasonable exposure in a
regarding Real Property. competitive market under all condition's
vii. Commercial Use – refers to all land and requisite to a fair sale, with the buyer and
improvements intended for business the seller each acting prudently,
revenue-generating purposes, whether on a knowledgeably, at an arms length1, and for
permanent or a temporary basis (for self-interest, assuming that neither is under

1
The term "at arm's length" describes a relationship where spouse of a grandchild. Generally, in determining arm's length
persons act independently of each other or who are not relationships, common law partners are treated in the same
related. The term "not at arm's length" means persons acting way as legally married spouses. Adopted children are treated
in concert without separate interests or who are related. in the same way as blood-related children.

Related persons are individuals who are related to each other Related persons also include individuals or groups and the
by blood, marriage or common law partnership, or adoption. corporations in which they have a controlling interest.
Examples of blood relatives include grandparents, parents, Persons related to these individuals or groups are also
brothers, sisters, children, and grandchildren. Examples of considered related to those corporations.
persons related by spousal relationship include the
For more information on arm's length and related persons,
grandparents of a spouse, the parents of a spouse, the
see Income Tax Folio S1-F5-C1, Related persons and dealing at
brothers and sisters of a spouse, the children of a spouse, the
arm's length.
spouse of a brother or a sister, the spouse of a child, and the

Page 4
duress. For this document, Market Value, xxx. PVP Area – the area where the PVP Program
Fair Value or Fair Market Value, and Open applies, defined by the Specific Geographic
Market Value are used interchangeably Boundaries or a radius.
referring to Market Value. xxxi. Purchaser – individual, group of individuals
xv. Multiple Paired Sales Analysis – or entity acquiring ownership in a property
analysis of two or more comparable or an asset.
sales that display a difference in only xxxii. Real Property Types – the type of
properties directly affected by the Project(s).
one characteristic with the price amount
xxxiii. Agricultural – a subset of the
difference reflecting the Value of the
Commercial Real Property type, refers to
characteristic. all land and improvements intended for
xvi. Outer Boundaries / Outer Boundary of Agricultural use, whether permanent or
the Site – refers to the Real Property temporary.
boundaries of the contiguous land under xxxiv. Commercial - refers to all land and
contract with the NWMO. improvements intended for Commercial
xvii. Own / Owner(s) / Property Owner(s) / Use, whether permanent or temporary.
Ownership of the Property – a person, xxxv. Residential – refers to all land and
persons or another legal entity who has the improvements intended for private
legal right (title or deed) to the property. occupancy, whether on a permanent or a
xviii. Participation – Property Owners who meet temporary basis.
Program criteria. xxxvi. Real Property – parcel of land that may
xix. Program – refers to the NWMO Property include but is not limited to fixed property,
Value Protection (PVP) Program. principal land, buildings, and any other
xx. Program Elements – the individual improvements attached to the land.
characteristics of the PVP Program, which, xxxvii. Right of First Refusal (ROFR) - a contractual
when incorporated, constitute the entire right to have the option to enter into a
Program. specified business transaction with an entity
xxi. Program Eligibility – identifies Owner(s) before which supersedes the right to elect to
eligible to participate in the PVP Program. do so by any other entity.
xxii. Program End Date – Program ends five (5) xxxviii. Self-identify – refers to the Owner(s) being
years after operations for Deep Geological required to initiate the claim process by
Repository commence. following the NWMO publicized process to
xxiii. Program Participation – property Owners participate in the PVP Program.
who meet program criteria. xxxix. Site Selection Announcement – a formal
xxiv. Program Review – describes the frequency announcement on behalf of the NWMO
with which the Program undergoes internal confirming acceptance of a Host Community
review. As a result of these reviews the to host the repository. Acceptance will need
Program may be augmented or changed to to be supported by a compelling
improve outcomes. demonstration of willingness.
xxv. Program Scope – where, how, and why the xl. Specific Geographic Boundaries – the PVP
Program is applied, along with how the Program boundaries are identified by a PIN
Program fits into the overall portfolio of description, listing all properties eligible for
measures geared towards addressing the the PVP Program. The boundaries are set as
Project's potential impact. of the Site Selection Announcement and will
xxvi. Program Start Date – see Start Date or Site remain in place irrespective of changes in
Selection Announcement. local land topography over time.
xxvii. Project – Deep Geological Repository (DGR). xli. Scope – where, how, and why the Program is
xxviii. PVP – Property Value Protection Program, applied, along with how the Program fits into
also referred to as PVP Program. the overall portfolio of measures geared
xxix. PVP Program – see "PVP" above. towards addressing the potential impact of
the Project.

Page 5
xlii. Start Date – the day, month, and year when
the Site Selection Announcement is made.
xliii. Terms of Reference or Appraisal Terms of
Reference - a document that defines all
aspects of how a consultant or a team will
conduct a valuation for the purposes of the
PVP Program.
xliv. Treated as One Entity – multiple Owners
per parcel, irrespective of persons or
incorporated entities, will be treated as a
single entity for the purposes of this
Program.
xlv. Unaffected Fair Market Value – the value
of the Property if the Project did not exist as
AACI appraised Value of the Property
following the Terms of Reference outlined in
Section 9 of the PVP Program.
xlvi. Value – for the purpose of the PVP Program,
Value is defined exclusively as an estimate of
the monetary worth of the Real Property
asset, as determined by an AACI accredited
appraiser in an appraisal report for the
subject Property following the Terms of
Reference outlined in Section 9 of this
document.

Page 6
Introduction

Project Background communication from the community, the NWMO


will be working with the community to
Through its site selection process, the Nuclear
implement a PVP Program.
Waste Management Organization (NWMO) has
identified two potential host locations for Objective
Canada's plan in the Ignace area and South
Bruce. The NWMO will continue to work with The PVP Program aims to work with the
siting area communities and other stakeholders Municipality of South Bruce to provide residents
to conduct detailed site investigations to with the peace of mind that comes from knowing
determine the suitability of the potential site to that their property values are protected. This
host a deep geological repository for the protection is accomplished through the PVP
country’s used nuclear fuel. Program, which guards against a more-than -
typical and permanent decrease in market value
As the site selection process continues, the caused by the NWMO project.
NWMO continues to work to address a series of
community concerns. Specifically, the PVP The PVP Program relates to Real Property only,
program works to ensure that the needs and including but not limited to fixed property,
concerns of the community are addressed. The principally land, buildings and any other
PVP program will come into effect should the improvements attached to land. The PVP
Municipality be selected as a host community for Program does not consider the business output
the deep geological repository. generated using the items described above.

Through the PVP Program and other measures


NWMO Context
implemented since the start of the NWMO’s site
The Nuclear Waste Management Organization selection process, the NWMO is committed to
(NWMO) is responsible for the safe, long-term continuing to build collaborative and mutually
management of used nuclear fuel. Canada’s respectful relationships with residents and
plan, also known as Adaptive Phased businesses in the area.
Management, requires used nuclear fuel to be
contained and isolated in a deep geological NWMO will develop a comprehensive strategy
repository in an area with informed and willing for disposition of the acquired lands over time
hosts. The $26B national environmental should South Bruce not be selected, to ensure no
infrastructure project will be implemented over negative impact on the market and property
175 years and has the potential to be an values.
economic engine for the region. The NWMO
intends to positively contribute to the well-being
of residents and provide peace of mind when it
comes to Real Property Value in the area.
Because of this, and in response to

Page 7
Program Review
The PVP Program described in this document will
undergo a review when the deep geological
repository construction phase starts, with such
review being designed to evaluate its ongoing fit
for the economic and Real Property landscape at
that time and the then-foreseeable future. Any
changes made to the PVP Program after the
review will be properly communicated to the
Community.

Page 8
Methodology

Overview Benchmarked Program Elements


Colliers was engaged by the NWMO to conduct a Common Elements
benchmarking analysis of various programs
globally and in Canada. Common elements are the elements that are
present across most programs examined and
The benchmarking was completed based on a form a baseline for the PVP Program, including:
review of existing PVP Programs. The analysis
focused on three local context projects (City of 1. Program Scope
London Landfill Community Enhancement and 2. Location
Mitigative Measures Program; Port Hope 3. Impacted Real Property Types
Property Value Protection Program; and Hydro 4. Key dates
One Networks Inc. Property Value Loss 5. Program Participation
Assessment), lessons learned from Port Hope 6. Compensation structure
Property Value Protection Program, as well as an
Unique Elements
examination of four international studies and
working papers aimed at identifying the impact Unique elements are the elements that are not
of changes in conditions on land Value. In represented across all the programs examined
addition, the Colliers team reviewed the Real but are assumed to be likely to positively
Property and economic terms in seventeen contribute to the overall Program should they be
international programs focused on developing implemented, including:
and operating a Deep Geological Repository for
spent nuclear fuel in their respective countries. 7. Right of First Refusal (ROFR)
8. Proof required for claim submission
The analysis aimed to synthesize the programs' 9. Program administration
elements and provide insight and understanding 10. Program timeline
of the processes, implementation, and lessons 11. Program Review
learned to establish a baseline for the approach
the NWMO will be taking to establish its PVP Other Considerations
Program.
Other considerations that are outside of the PVP
The elements identified were further broken Program Scope related include:
down into three categories (Common Elements,
12. Alternative Dispute Resolution (ADR) process
Unique Elements and Other Considerations) as
further described below.

Page 9
PVP Program

The PVP Program contains several elements, as


well as other considerations which create a fair
and comprehensive framework to work
collaboratively with the community and address
concerns of property owners near the potential
repository site in the Municipality of South Bruce
and the Township of Huron-Kinloss. This will also
work to satisfy the requirements of Principle 11
of the Municipality of South Bruce Resolution for
the NWMO Site Selection Process, which states:

"The NWMO, in consultation with the Municipality,


will establish a property Value protection program
to compensate property owner(s) in the event that
Real Property values are adversely affected by the
NWMO's site selection process and the
development, construction and/or operation of the
Project."

The elements are described in detail in the


subsequent pages of this document.

Page 10
1. Program Scope
Overview Date). Claims of loss will not be considered
before the PVP Program Start Date.
For the purpose of the PVP Program, Program
Scope focuses on defining the Loss of Value as 1.2.2. Program End Date
identified within Principle 11, including Program
Start Date, Program End Date, Program Review, The Program End Date is five (5) years after
Program Eligibility, and Claim Frequency. operations at the deep geological repository
commence.
1.1. Loss of Value
1.2.3. Program Review
To address community concerns and provide
The PVP Program will be reviewed when the
Owner(s) with peace of mind when it comes to
deep geological repository construction phase
the Value of their Real Property, for the purpose
starts. At that review, the PVP Program will
of the PVP Program, Loss of Value is defined as:
undergo an examination to determine whether
• Measurement of the difference in Value its design is suitable to meet its objectives based
between Fair Market Value without the on the economic and Real Property landscape at
influence of the Project and Fair Market Value that time.
with the influence of the Project. Where Value
is defined as the total Value of all 1.3. Program Eligibility
Compensation received by the Owner(s) upon All Owners in the PVP Area qualify to participate
closing of sales transaction in an open market. in the Program; therefore, the PVP Program has
• The PVP Program will compensate the the following eligibility criteria:
difference between the Fair Market Value
• The Real Property must be located within the
without the influence of the Project and the
Fair Market Value with the influence of the PVP Area as defined in Figure 1 (see Location
Project. section for more details);
• The Claimant must be the Owner(s) of the Real
• Should the Owner(s) choose to transact below
Fair Market Value, the PVP Program will focus Property that is being sold;
on the loss calculated only by the difference • The Claimant must have owned the Real
between the Fair Market Value without the Property before the Program Start Date (that is
influence of the Project and the Fair Market prior to and on the day of the Site Selection
Value with the influence of the Project. Announcement);

1.2. Program Start Date, Program End • All Owners of the property registered on the
title must sign the claim form, which will be a
Date, and Program Review
single joint claim;
1.2.1. Program Start Date • Claims shall be limited to one claim per Real
The PVP Program will commence on the date of Property, and the Claimant must not have any
the Site Selection Announcement – if the ongoing or previous claims under the PVP
Municipality of South Bruce is to be selected as Program for the Real Property for which the
the Municipal host for the Project (Program Start claim is submitted;

Page 11
• The sale of the Real Property must have
occurred after Program Start Date and before
the Program End Date; and
• The transaction must have been arm's length2.

1.4. Claim Frequency


The PVP Program will be available for a one-time
claim following the Site Selection Announcement
if South Bruce is selected (Program Start Date),
and up to 5 years after operations of the Deep
Geological Repository commence (Program End
Date) by the Owner(s) who owned the Real
Property prior to and on the day of the Program
Start Date (Site Selection Announcement detailed
in Section 1.2.1 Program Start Date).

2
The term "at arm's length" describes a relationship where persons relationships, common law partners are treated in the same way as
act independently of each other or who are not related. The term legally married spouses. Adopted children are treated in the same
"not at arm's length" means persons acting in concert without way as blood-related children.
separate interests or who are related.
Related persons also include individuals or groups and the
Related persons are individuals who are related to each other by corporations in which they have a controlling interest. Persons
blood, marriage or common law partnership, or adoption. Examples related to these individuals or groups are also considered related to
of blood relatives include grandparents, parents, brothers, sisters, those corporations.
children, and grandchildren. Examples of persons related by spousal
For more information on arm's length and related persons, see
relationship include the grandparents of a spouse, the parents of a
Income Tax Folio S1-F5-C1, Related persons and dealing at arm's
spouse, the brothers and sisters of a spouse, the children of a
length.
spouse, the spouse of a brother or a sister, the spouse of a child, and
the spouse of a grandchild. Generally, in determining arm's length

Page 12
2. Participation and Real Property Types
2.1. Program Participation
All Real Property Types (Residential, Commercial,
and Agricultural) that meet the criteria set out in
the Program Scope are eligible to participate (by
making a claim as set out herein) in the PVP
Program.

To participate in the Program, the Owner(s) must


have owned the respective Real Property prior to
and on the day that the Site Selection
Announcement – that the Municipality of South
Bruce is becoming a Host Community for the
Deep Geological Repository (DGR) site – is made:

• All Owners registered on title to the property


must sign the claim form as a single joint claim;
• All Owners of a Real Property for which a claim
is made will be Treated as One Entity; and
• Owner(s) will need to Self-identify and come
forward to submit a claim under the PVP
Program.
2.2. Impacted Real Property Types
All Real Property Types (Residential, Commercial,
and Agricultural), including but not limited to
fixed property, principally land, buildings and any
other improvements attached to the land, are
eligible for the PVP Program if the Real Property
and its Owner(s) meet other Program criteria.

The Program does not consider the Commercial


enterprise output generated using Real Property
described above as part of the Program.

Page 13
3. Location
Based on the benchmarking and the possible • All properties within the PVP Area are subject
impact on the real estate market, the following to the same Participation criteria and
area has been established to be covered by the Administrative Process.
PVP Program called PVP Area, as identified in
Figure 1:

• PVP Area will be defined by a radius from the


outer (property line) boundaries of the Project
site;
• The PVP Area will be set at the start of the
Program (Site Selection Announcement);
• The PVP Area is set at five (5) kilometres from
the outer (property line) boundary of the
Project site and ultimately defined by the
specific property boundaries, which includes all
Real Property where the five (5) kilometre
radius touches (fully or partially);
• If the radius partially contacts the Real
Property, the entire Real Property parcel will be
considered for Participation in the PVP
Program, subject to the Owner(s) ability to
meet other Program criteria defined in this
document;
• Irrespective of the five (5) kilometre radius
covering the property, in its entirety or
partially, the entire property will be considered
as part of the PVP Area and subsequently meet
the Location requirement of the PVP Program;
• Should the Owner(s) property in the future be
further split or in other ways divided, physically
or legally, the PVP Area will remain as defined
at Program Start Date based on the PVP Area
map;
• Should the Owner(s) property in the future be
consolidated or in other ways combined,
physically or legally, the PVP Area will remain
as defined at Program Start Date based on the
PVP Area map; and

Page 14
Figure 1 - The map below depicts the general geographic Location of the properties within the PVP Area with red line highlighting a 5 km
radius from potential DGR location.

Page 15
4. Compensation
4.1. Compensation methodology 4.1.1. Scenarios 1, 3 and 4: transaction
within range or above Market Value
Overview
Should the Owner(s) transact within or above the
In real estate transactions, it is common that
fair Market Value range (downward variance of
there is a positive or negative Value difference
5% of appraised with the Project Value) of the
between transaction Value and the appraised
Real Property, the PVP Program will consider the
Value of a property. If the transaction Value
Open market transaction of property to calculate
reflects common market trends and dynamics,
the compensation against the fair Market Value
transaction Value will be utilized in determining
of the Real Property without the Project.
the compensation amount.
4.1.2. Scenario 2: transaction below Market
The Compensation section describes and
provides examples of Compensation for impact Value
to Real Property that will be evaluated and Should the Owner(s) choose to transact below
calculated should the Claimant be successful in the fair Market Value range (more than 5%
its claim. Depending on the scenario which downward variance of appraised with the Project
applies to the specific claim, the Claimant who Value) of the Real Property, the PVP Program will
qualifies under the Program may receive only compensate for the difference between the
Compensation for the following3: fair Market Value of the Real Property without
the Project and the fair Market Value of the Real
The difference between:
Property with the Project.
Fair Market Value without the influence of the
Project, to be verified by an AACI appraisal
4.2. Calculating Compensation
The Compensation variables are defined as:
and
A. Fair Market Value without the influence of
Fair Market Value with the influence of the
the Project, to be verified by an AACI
Project, to be verified by an AACI appraisal or
appraisal
Value of valid open market transaction,
B. Open market transaction of property
should the transaction be within fair market
C. Fair Market Value with the influence of the
range (downward variance of 5% of appraised
Project, to be verified by an AACI appraisal
with the Project value)
Therefore, estimated PVP Program
The following sections describe each one of the
Compensation would be calculated as follows:
scenarios.
Scenarios 1, 3 and 4: A – B = PVP Compensation

3
Should the Owner(s) be entitled to compensation, when scenario that applies to the Owner(s) claim. Identifying in
presenting a compensation offer NWMO will identify the the process how the compensation amount was calculated.

Page 16
Scenario 2: A - C = PVP Compensation Scenario 2: below fair market range (more than
the downward variance of 5% of appraised with
Below are specific examples for each scenario. the Project Value).

4.3. Compensation Outcome Examples In Scenario 2, the Owner(s) sells the property in
Scenario 1: transaction is below fair Market the open market for $500,000.00 (B), and the
Value with the influence of the Project, but within appraiser representing the Owner(s) values the
fair market range (downward variance of 5% of property without the Project at $1,200,000.00 (A).
appraised with the Project Value). The fair Market Value with the influence of the
Project is valued at $1,000,000.00 (C). Therefore,
In Scenario 1, the Owner(s) sells the property in the Value at which the Owner(s) sold the
the open market for $960,000.00 (B), and the property is below the fair market range (more
appraiser representing the Owner(s) values the than 5% downward variance of appraised with
property without the Project at $1,200,000.00 (A). the Project Value), and the fair Market Value with
The fair Market Value with the influence of the the influence of the Project (C) will be used as the
Project is valued at $1,000,000.00 (C). Therefore, reference point for the calculation of
the Value at which the Owner(s) sold the Compensation.
property is within the fair market range
(downward variance of 5% of appraised with the Scenario 2: illustration
Project Value), and the Owner(s) sales price will
be used as the reference point for the calculation Inputs:
of Compensation.
A. Fair Market Value without the influence of
Scenario 1: illustration the Project, to be verified by an AACI
appraisal: $1,200,000.00
Inputs: B. Open market transaction of property:
$500,000.00
A. Fair Market Value without the influence of C. Fair Market Value with the influence of the
the Project, to be verified by an AACI Project, to be verified by an AACI appraisal:
appraisal: $1,200,000.00 $1,000,000.00
B. Open market transaction of property:
$960,000.00 Formula applied:
C. Fair Market Value with the influence of the
A – C = PVP Compensation
Project, to be verified by an AACI appraisal:
$1,000,000.00 Outcome:

Formula applied: $1,200,000.00 - $1,000,000.00 = $200,000.00

A – B = PVP Compensation Payment to be made = $200,000.00

Outcome:

$1,200,000.00 - $960,000.00 = $240,000.00

Payment to be made = $240,000.00

Page 17
Scenario 3: above fair Market Value with the Scenario 4: above fair Market Value without the
influence of the Project. influence of the Project.

In Scenario 3, the Owner(s) sells the property in In Scenario 4, the Owner(s) sells the property in
the open market for $1,100,000.00 (B), and the the open market for $1,300,000.00 (B), and the
appraiser representing the Owner(s) values the appraiser representing the Owner(s) values the
property without the Project at $1,200,000.00 (A). property without the Project at $1,200,000.00 (A).
The fair Market Value with the influence of the The fair Market Value with the influence of the
Project is valued at $1,000,000.00 (C). Therefore, Project is valued at $1,000,000.00 (C). Therefore,
the Value at which the Owner(s) sold the the Value at which the Owner(s) sold the
property is above the fair Market Value with the property is above fair Market Value without the
influence of the Project, and the Owner(s) sales influence of the Project; therefore, no
price will be used as the reference point for the Compensation is due.
calculation of Compensation.
Scenario 4: illustration
Scenario 3: illustration
Inputs:
Inputs:
A. Fair Market Value without the influence of
A. Fair Market Value without the influence of the Project, to be verified by an AACI
the Project, to be verified by an AACI appraisal: $1,200,000.00
appraisal: $1,200,000.00 B. Open market transaction of property:
B. Open market transaction of property: $1,300,000.00
$1,100,000.00 C. Fair Market Value with the influence of the
C. Fair Market Value with the influence of the Project, to be verified by an AACI appraisal:
Project, to be verified by an AACI appraisal: $1,000,000.00
$1,000,000.00
Formula applied:
Formula applied:
A – B = PVP Compensation
A – B = PVP Compensation
Outcome:
Outcome:
$1,200,000.00 - $1,300,000.00 = -$100,000.00
$1,200,000.00 - $1,100,000.00 = $100,000.00
Payment to be made = $0.00
Payment to be made = $100,000.00
Should the Fair Market Value with the influence
of the Project, to be verified by an AACI appraisal
(C) or Open market transaction of property (B) be
higher than Fair Market Value without the
influence of the Project, to be verified by an AACI
appraisal (A) then there is no loss in Value that
justifies a claim.

Page 18
4.4. Reimbursable expenses however, the Claimant should be aware that
the Arbitrator has the discretion to make a
The NWMO understands that the Owner(s) will
costs award in the Arbitration, considering
incur costs associated with submission of a
the relative success of the parties in the
claim. While the Claimant will be responsible for
Arbitration.
the costs associated with submitting a claim,
costs associated with professional services fees
may be subject to reimbursement at later stages
of the claim process. Cost reimbursement is
subject to reaching a resolution of the claim and
is established at a maximum of $10,000 CDN, for
the duration of the process, including costs
associated with Referee should the process
reach that stage.

The PVP Program is designed to work


collaboratively with the community and protect
Owner(s) within the PVP Area against Loss of
Value for Real Property, therefore, should the
Claimant be successful in their claim and
demonstrate a Loss of Value, the following
expenses would qualify for reimbursement
under the PVP Program:

a. A "without Project appraisal" of the property


provided by the Claimant as part of a claim
submission (i.e., Value of property without
the Project).
b. If applicable, the Claimant's portion of the
costs for hiring a Referee (See Section 6.4.5
Claim resolution) where the Claimant is
responsible for half of the cost of the Referee
process. The Referee will be contracted by
the NWMO, from a pre-qualified list of
candidates created in coordination with the
Municipality of South Bruce, with an
agreement for costs to be shared by the
Claimant and the NWMO. The Claimant will
be responsible for the full cost of other
Claimant’s expenses incurred relating to the
Referee process.
c. If applicable, the Claimant's portion of the
costs for the Arbitration (See Section 6.4.5
Claim resolution) where the Claimant is
responsible for half of the Arbitration cost,

Page 19
5. Key dates
There are several key dates and timelines If the Owner(s) does not submit a claim dated
considered with the Program, which are further within six (6) months of closing the transaction,
detailed below: then there shall be no further opportunity to file
a Claim for the Property in question. The
5.1. Site Selection Announcement property will not qualify for future claims under
When the NWMO publicly announces which the PVP Program.
Municipality and Indigenous communities have
been selected as the Host Community for Deep
Geological Repository.

The date of the announcement is to be


determined and serves as the trigger for the
PVP Program to take place if the DGR is to be
located in the Municipality of South Bruce.

5.2. Property ownership


The Claimant must be the Owner of the Real
Property at the time of sale, and the Real
Property must have been owned by the
Claimant prior to and on the Program Start Date
as defined in the "Program Scope" section of
this document.

5.3. Closing of the Transaction


When the sale transaction for the Real Property
has closed, and ownership of the property is
transferred to the buyer.

The sale of the property must take place after


the Site Selection Announcement.

5.4. Claim submission


The Owner(s) has six (6) months from the day
ownership of the property is transferred to the
buyer (Closing of the Transaction) to submit a
claim to the PVP Program, including all
supporting documentation and a copy of an
AACI appraisal of the property Value without the
Project.

Page 20
6. Program administration and
documentation required
The section below describes the process for • Complete the detailed property questionnaire
filing a claim, the documentation required, and as part of the claim application form, detailing
what to expect during each step of the PVP lot size, improvements, property composition
Program claim process. During the claim and other property related information; and
process the NWMO will make itself available to • Provide an appraisal of Fair Market Value
answer any questions related to the program without the influence of the Project. In
and documentation required for each stage of preparing an appraisal that identifies property
the process. Value without the influence of the Project, the
appraiser must follow the Terms of Reference
6.1. Filing a claim for the PVP Program as described in Section
• The claim must be filed within six (6) months nine (9) of this document.
of the Closing of the Transaction; The Claimant will be responsible for obtaining
• The Claimant cannot have filed a previous PVP an appraisal of Value without the Project
claim on the Real Property; and completed by an AACI accredited appraiser at
• All documentation supporting the claim must the time of the claim. The appraisal will follow
be filed and received by the NWMO, within the the Appraisal Institute of Canada Uniform
required timeline of six (6) months from the Standard of Professional Practice (CUSPAP) and
Closing of the Transaction, through the online the Terms of Reference identified in the
portal provided by the NWMO or by mail (with Administration section of this PVP Program.
the documents to be post-marked by not later
Any appraisers acting on behalf of the Claimant
than the last day within the 6-month period to
for this process will be required to follow the
file a Claim) as described in section 6.4
CUSPAP standards and Terms of Reference and
Process and timeline details.
use Multiple Paired Sales Analysis for the
6.2. Documentation required to appraisal.
support the claim
The definition of appraisal Terms of Reference
To prove loss of Value, the property Claimant and the use of Multiple Paired Sales Analysis
will be required to provide the following: provides Claimant and the NWMO with a
common and impartial approach and the ability
• Listing information for the Real Property for
to compare how the outcome of the appraisal
which a claim is being submitted;
was determined should the two appraisers
• Agreement of Purchase and Sale (APS) for the arrive at varying conclusions.
Real Property for which a claim is being
submitted (Series 100 OREA Form); The Claimant and the NWMO (both parties) will
incur costs, with the NWMO providing
• Transfer documents (deed) for the Real
reasonable reimbursement to the Claimant for
Property for which a claim is being submitted;
professional fees incurred should all parties
reach an agreement on a resolution. The total

Page 21
reimbursement amount is subject to a
maximum limit as identified in Section 4.4
Reimbursable expenses.

Page 22
6.3. Process and timeline
To expedite the process and make clear the steps and deadlines, Section 6.3.1 below provides a
summary of the estimated timelines associated with processing a claim. The timelines are for
general reference and communication to the Claimant.

6.3.1. Process and timeline summary

* Excluding time for claim dispute resolution – Referee or Arbitration

The table below provides an overview and summary of the six (6) decision steps involved in the PVP
Program, highlighting Claimant and the NWMO responsibilities at each step. A full description of the
activities involved in each of the six (6) steps is detailed further in Section 6.4, titled "Process and
timeline details," and should be a reference for Program specifics.

Step Step summary Duration Items to note


Owner(s) is required to Owner(s) is responsible
Owner(s) has up to six
submit claim for the costs of the
(6) months following
documents, including appraisal and claim
Claim transaction closing to
1 submission
claim details and an
submit a Claim to be
submission. These costs
appraisal of the may be subject to
eligible for the
property without the reimbursement (see
Program.
Project. Section 4.4 for details)
The NWMO has up to
The NWMO will review two (2) weeks
the claim for its following receipt of a
Claim completeness and complete submission
2 acceptance notify the Claimant of through the portal or
the next steps and by mail to notify the
timelines. Claimant of the next
steps and timelines.

Page 23
Step Step summary Duration Items to note
An AACI appraiser
(engaged by the The NWMO has up to
NWMO) will review the eight (8) weeks to
claim documentation review the claim and
3 Claim review
provided, including the provide the Claimant
appraisal of the with the results of the
property without the Claim review.
Project.
The Claimant has up
to and including thirty
If the claim is (30) calendar days
successful, the NWMO from the date that an
Claim
4 confirmation
will make an offer of offer of Compensation
Compensation to the is provided to it to
Claimant. accept or reject the
offer of
Compensation.
If the Claimant rejects
the offer, the claim will
undergo secondary
internal review. If
Claimant is responsible
agreement is not
for half of the cost of
reached, claim can be The NWMO has up to
the Claim resolution -
referred to an AACI two (2) weeks for
Referee process; and
Claim accredited appraiser internal review; and
5 resolution (Referee) for no set timeline for
half the costs for
Arbitration. These costs
examination and Referee review or
may be subject to
comment. Arbitration.
reimbursement (see
Should the Claimant
Section 4.4 for details)
disagree with the
Referee's findings, the
claim can be referred to
Arbitration.
Should the Claimant
accept the NWMO loss
Compensation offer at The NWMO has up to
Claim
6 payment
any time in the process seven (7) weeks to issue
described above, then Compensation payment
the process goes to the
payment stage.
Claim Process total duration Up to 23 weeks once the claim is received, excluding claim dispute
resolution – Referee or Arbitration.

Page 24
6.4. Process and timeline details Documents to be submitted by the Claimant

6.4.1. Claim submission • Listing information for the Real Property;


• Copy of Agreement of Purchase and Sale (APS);
Upon closing the transaction, the Real Property
• Copy of Transfer documents (deed) for the Real
Owner(s) will have up to six (6) months to collect Property;
information required for submission of the • Provide an appraisal of Fair Market Value without
claim, including obtaining an appraisal without the influence of the Project; and
the Project and providing property details as part • Completed and signed Property questionnaire and
of the claim submission form. The claim will be claim application form.
submitted through a secure online portal.
Anticipated Claimant expenses
Individuals will also have an opportunity to
submit copies of the documents by mail, with the Expenses associated with obtaining copies of
package(s) containing the Claim documents to be transactional documents described above and the
post-marked no later than the last day of the 6- appraisal of Fair Market Value without the influence of
month period following the Closing of the the Project.
Transaction for the property for which the claim
is submitted. All mail claims should be addressed 6.4.2. Claim acceptance
to: Once the claim is submitted through a secure
online portal or by mail, as described in Section
Attention:
6.4.1, the NWMO team will verify if all required
Property Value Protection Program
documents have been received.
Receiver's address identified as:
If documents are missing or are not eligible, the
NWMO - PVP Claims Processing
Claimant will be notified and asked to rectify the
12B Clinton Street
error.
Teeswater, ON N0G 2S0
PO Box 570 The Claimant will have thirty (30) calendar days
Canada from the date of the letter provided by the
NWMO identifying errors in claim submission to
If the Owner(s) do not submit a claim dated (or
rectify all errors identified to the Claimant.
post-marked) within six (6) months following the
Closing of the Transaction, the Owner is not Note that given the timelines of submission, if
longer eligible to file a claim under the Program the property Owner(s) does not submit the
for that Property. documents required within a reasonable
timeframe, they may be required to submit a
Duration: up to six (6) months following the transaction
new appraisal of the subject property as there is
closing for the Owner(s) to submit a claim and be eligible
for the Program. potential that the Claimant's Appraisal may be
outside the estimated appraisal exposure period
(typically 6 to 9 months) and may not be valid,
and the Claimant, at the NWMO's sole discretion,
may be asked to provide a new appraisal of the
property without the Project as per Section 6.4.1
Claim submission.

Page 25
Once all documentation is determined to be market conditions for when the transaction was
valid and complete, the claim will be reviewed, closed, and the claim was filed.
and the Claimant will be notified of the next
steps and associated timelines. The NWMO has The NWMO has up to eight (8) weeks to review
up to two (2) weeks following receipt of a the claim and provide the Claimant with the
complete submission, through the portal or by results of the claim review.
mail, to notify the Claimant of the next steps and Duration: The NWMO has up to eight (8) weeks to
timelines. review the claim and provide the Claimant with the
results of the Claim review.
Note: during this step, the Claimant will be
responsible for the costs associated with submitting Documents to be submitted by the Claimant
a claim. Please refer to Section 4.4, titled
"Reimbursable expenses" under the Compensation None
heading of this document for more details.
Anticipated Claimant expenses
Duration: The NWMO has up to two (2) weeks following
receipt of a complete submission through the portal or by None
mail to notify the Claimant of the next steps and
timelines. 6.4.4. Claim confirmation
Based on the findings of the Claim Review, the
Documents to be submitted by the Claimant
NWMO will present the findings and any
None associated loss Compensation offer, if applicable,
to the Claimant.
Anticipated Claimant expenses
At this point, the Claimant will have the option of
None accepting or rejecting the NWMO's loss
Compensation offer. Should the Claimant reject
6.4.3. Claim review the NWMO's loss Compensation offer, the claim
Utilizing an AACI accredited Appraiser, the process can be referred to Claim resolution.
NWMO will validate the sale transaction's fair The Claimant has up to thirty (30) calendar days
Market Value and the appraised fair Market
to accept or reject the NWMO's loss
Value without the influence of the Project Compensation offer.
submitted by the Claimant as part of the claim.
Should the NWMO not receive communication
Based on the result of this review, the NWMO from the Claimant within and including thirty (30)
will decide on the need to obtain an additional
calendar days, then the NWMO will close the
appraisal by an AACI accredited appraiser to claim, and the Claimant will be required to
Value the property with and without the Project.
resubmit the claim restarting the process at
If decided that no additional appraisal is Claim submission described in Section 6.4.1
necessary, the transaction Value will be used as
above.
the base for calculating the Compensation. This
additional appraisal obtained by the NWMO for Duration: The Claimant has up to and including thirty
the subject property described in the claim will (30) calendar days to accept or reject the offer of
provide the NWMO with additional information Compensation.
relevant to the subject property as well as

Page 26
Documents to be submitted by the Claimant The pre-qualified list of candidates provides
expedited access to a group of individuals
Response accepting or rejecting the NWMO loss
familiar with the valuation methods used during
Compensation offer.
the PVP claim process, are accessible, and have
experience in quantifying losses. The group of
Anticipated Claimant expenses
candidates is positioned to provide a sound
None opinion on the quality of the application of the
Terms of Reference used to Value the loss under
6.4.5. Claim dispute resolution the PVP claim process and the Value obtained
through the application of the set Terms of
Duration: no set timeline for claim dispute resolution.
Reference.
6.4.5.1. Claim dispute resolution – Referee
After the Referee is selected by Claimant, the
Should the Claimant reject the NWMO's loss Referee will be contracted by the NWMO, but
Compensation offer, the NWMO will conduct a with an agreement for costs to be shared
secondary internal review of the documentation between the NWMO and Claimant.
provided and obtained to date.
The Referee will review the entire process and
Should the reviewed loss Compensation offer provide an opinion regarding the Claimant and
provided to the Claimant after the NWMO the NWMO appraisal findings.
secondary internal review not be deemed
At this point, the Claimant will have the option of
reasonable by the Claimant, the Claimant can
accepting or rejecting the Referee's findings.
trigger the Claim dispute resolution - Referee -
step of the process. Should the Claimant choose to reject Referee's
findings, the claim process can move to an
The Claimant has up to thirty (30) calendar days Arbitration process (section 6.4.5.2 Claim
to accept or reject the NWMO’s secondary resolution – Arbitration below, provides further
internal review findings and request the Claim detail on the Arbitration process).
dispute resolution - Referee process.
The Claimant has up to thirty (30) calendar days
Should the NWMO not receive communication to accept or reject Referee's findings and request
from the Claimant within and including thirty (30) the Arbitration process.
calendar days, the NWMO will close the claim.
The Claimant will be required to resubmit the Should the NWMO not receive communication
from the Claimant within and including thirty (30)
claim if they still wish to proceed, restarting the
process at Claim submission described in Section calendar days, the NWMO will close the claim.
The Claimant will be required to resubmit the
6.4.1 above.
claim if they still wish to proceed, restarting the
During the Claim dispute resolution - Referee process at Claim submission described in Section
step of the process, the Claimant chooses a 6.4.1 above.
third-party independent AACI accredited
Note: each, the Claimant and the NWMO, will carry
appraiser (single individual) to serve as a
individual costs associated with the Referee (CRA or
"Referee" from a pre-qualified list of candidates
AACI accredited appraiser) processes of the Claim
created in coordination with the Municipality of
South Bruce. resolution process. Please refer to section 4.4, titled

Page 27
"Reimbursable expenses" under the Compensation arbitrators who have been pre-qualified based
heading of this document for more details. on their experience in arbitrating over Real
Property and Real Property-related loss of Value
Should the Claimant and the NWMO reach an matters.
agreement on the findings of the Referee
process, it is determined that a payment is to be The Claimant has up to thirty (30) calendar days
issued from the NWMO to the Claimant as part to decide whether they wish to proceed to the
of the claim. The NWMO will commence the Claim resolution - Arbitration process and to
claim payment process and provide payment to select a third-party independent single
the Claimant. professional Arbitrator from a pre-qualified list
of candidates provided by the NWMO.
Duration: no set timeline for Referee review.
After the Arbitrator is selected by Claimant, the
Documents to be submitted by the Claimant Claimant and NWMO shall jointly appoint the
None Arbitrator who shall have authority to make a
final and binding decision in respect of the Claim.
Anticipated Claimant expenses The Claimant and NWMO shall share the costs of
the Arbitration, however, the Arbitrator shall
• Half of the cost of obtaining the Referee from a pre- have the power to award costs to the successful
qualified list of candidates to conduct a review of party in the Arbitration at his or her discretion,
Real Property appraisal submitted by the Claimant as set out in section 8 - Arbitration.
and the NWMO.
• Full costs of Claimant's other expenses associated Should the NWMO not receive communication
with the Claim resolution process, outside of the cost from the Claimant within and including thirty (30)
associated with obtaining the Referee. calendar days, then the NWMO will close the
• Note that the costs may be subject to claim, and the Claimant will be required to
reimbursement; please refer to Section 4.4 titled resubmit the claim restarting the process at
"Reimbursable expenses" under the Compensation Claim submission described in Section 6.4.1
heading of this document for more details. above.

6.4.5.2. Claim dispute resolution – Note: each, the Claimant and the NWMO, will carry
Arbitration individual costs associated with the Arbitration
processes of the Claim resolution process. Please
Should the Claimant choose to reject Referee's
refer to section 4.4, titled "Reimbursable expenses"
findings, the Claimant will have the option to
under the Compensation heading of this document
proceed to the next stage, the Claim dispute
for more details.
resolution – Arbitration process. During the
Claim resolution – Arbitration process, the If the Arbitrator determines that a payment is to
Claimant selects a third-party independent single be issued from the NWMO to the Claimant as
professional Arbitrator from a pre-qualified list part of the claim, the NWMO will commence the
of candidates provided by the NWMO in claim payment process and provide payment to
consultation with the Municipality of South the Claimant.
Bruce.
Duration: no set timeline for Arbitration.
The pre-qualified list of candidates provides
expedited access to a group of professional

Page 28
Documents to be submitted by the Claimant

Subject to the Arbitration procedure as further described


in Section 8.

Anticipated Claimant expenses

• Half of the cost of obtaining the Arbitrator from a


pre-qualified list of candidates to conduct the
arbitration process.
• Full costs of Claimant's other expenses associated
with the Arbitration process, outside of the cost
associated with obtaining the Arbitrator.
• Note that the costs may be subject to
reimbursement; please refer to section 4.4 titled
"Reimbursable expenses" under the Compensation
heading of this document for more details.

6.4.6. Claim payment


Should an agreement of claim amount be
reached at any time in the process described
above. If applicable, the NWMO will issue a
Compensation payment.

Duration: The NWMO has up to seven (7) weeks to issue


Compensation payment

Documents to be submitted by the Claimant

Provide back to the NWMO confirmation of offer


acceptance and payment for the claim.

Anticipated Claimant expenses

None

Page 29
7. Adjacent properties
7.1. Additional PVP Program details 7.1.3. Adjacent Property Location
for Adjacent Owners PVP Adjacent Property Program is exclusive to
7.1.1. Adjacent Property Scope properties adjacent to the NWMO owned or
optioned land that must share one or more
This section of the Program applies exclusively to property boundaries with property owned or
the property Owners adjacent to the NWMO's optioned by the NWMO in the Municipality of
owned and optioned properties, and need to South Bruce or the Township of Huron-Kinloss
adhere to all the following conditions: by Program Start Date.
• The Real Property must be located within the The Adjacent properties will be identified, and
PVP Area as defined on Figure 3 (see Location eligible parcels will be published by the NWMO,
section for more details); creating an eligible Adjacent Property List at the
• The subject property must share one or more Program start. The eligible properties will be
property boundaries with property owned or determined by PIN and mapped at the Program
optioned by the NWMO; start. The current mapping of the adjacent
• The Claimant must be the Owner(s) of the Real properties is included in Figure 3.
Property that is being sold;
Should the NWMO acquire any further lands
• The Real Property must have been owned by after the Program Start Date from the Owner(s)
the Claimant before and on the Program Start eligible to participate in the PVP Adjacent
Date as defined in the "Program Scope" section Property Program, no changes in Adjacent
of this document; Property List will be made; such acquisition will
• All Owners of the property registered on the not create newly Adjacent properties.
title must sign the claim form as a single joint
claim; and After the Program start, if the Adjacent Property
is sold to a new Owner, the property will not be
• Claims shall be limited to one claim per Real
considered for future PVP Program claims or
Property, and the Claimant will have no
mechanism presented under the PVP Adjacent
ongoing or previous claims under the PVP
Property Program.
Program for the Real Property for which the
claim is submitted. Under the PVP Adjacent Property Program, the
7.1.2. Adjacent Property Participation and total acreage of Adjacent Property which shares
Real Property type one or more boundaries with the property
owned or optioned by the NWMO in the
All Real Property Types, including but not limited Municipality of South Bruce and/or Township of
to fixed property, principal land and buildings, Huron-Kinloss will not increase beyond the total
and any other improvements attached to the acreage identified within the Adjacent Property
land, are welcome to participate in the PVP List at the Program start.
Adjacent Property Program, given the Real
Property and its Owner(s) meet other Program Should the Adjacent Property be further split or
criteria. in other ways divided, physically or legally, the
Adjacent Property List will be updated to

Page 30
exclusively include properties that remain Fair Market Value without the influence of the
adjacent to land owned or optioned by the Project
NWMO.
or
Should the Adjacent Property be consolidated or
in other ways combined, physically or legally, the Fair Market Value with the influence of the
Adjacent Property List will not be updated and Project
will exclusively include only the part of the newly PVP Adjacent Property Program does not include
formed property and the corresponding relocation costs or any other premium above
boundaries, which are reflected in the Adjacent and beyond the appraised fair Market Value of
Property List formulated at Program start. the subject property with or without the
Should the NWMO be able to acquire the subject influence of the Project.
property, the NWMO will only acquire the
7.1.5. Adjacent Property key dates
portion of the property that correlates with the
7.1.5.1. Program Start Date
Adjacent Property List. The Owner will bear any
costs related to the subdivision of the property The PVP Program will commence after the Site
to its original boundaries defined at the Program Selection Announcement – if the Municipality of
start to complete the transaction process for the South Bruce is to be selected as the Municipal
adjacent lands. host for the Project (Program Start Date). Claims
of loss will not be considered before the PVP
7.1.4. Adjacent Property Compensation Program Start Date.
PVP Adjacent Property Program grants no
7.1.5.2. Adjacent Property end date
additional Compensation under the PVP
Program. The purpose of the PVP Adjacent PVP Adjacent Property Program will expire
Property Program is to provide the Owner(s) with twenty-four (24) months after the Program Start
peace of mind should the adjacent Owner(s) not Date.
be able to either sell their property at fair Market
After twenty-four (24) months of the PVP
Value with or without the influence of the
Adjacent Property Program Start Date, the
Project, whichever is higher, or they do not want
Adjacent Owner(s) who has not submitted a
to sell their property on the open market. The
claim under PVP Adjacent Property Program will
Owner may still proceed with an open market
be eligible to participate and submit a claim
sale and claim through the PVP Program if they
through the PVP Program, equivalent to all other
prefer.
Owners who fall within the PVP Area (see Section
PVP Adjacent Property Program provides 3 for more details on the PVP Area).
adjacent Owners with a mechanism for the
The Adjacent Owner(s) has until the end of the
NWMO to become the buyer of Owner(s)
twenty-four (24) months period while PVP
property if the Owner(s) cannot sell the
Adjacent Property Program is operational to
property in an open market.
provide notice to the NWMO that it wishes the
The program Compensation is based on the NWMO to purchase the adjacent Owner's
following - the NWMO will pay the higher of: property at fair Market Value with or without the
influence of the Project, whichever is higher.

Page 31
After PVP Adjacent Property Program End Date, 7.2.3.The NWMO will communicate the PVP
all the adjacent Owner(s) notices received within Program and PVP Adjacent Property
the twenty-four (24) months period, while PVP Program details.
Adjacent Property Program is operational, will be 7.2.4.When the NWMO receives a notice, it will
processed, and the Owner(s) will have up to conduct an appraisal of the subject
thirty (30) days from the time the Owner(s) property.
receives an offer from the NWMO, to accept or 7.2.5.Upon completion of the appraisal of the
reject the offer. Should the Owner(s) reject the property, the NWMO will present an offer
offer under the PVP Adjacent Property Program letter to the Owner(s) identifying the
of the PVP Program, the Owner(s) will be eligible appraised fair Market Value of the subject
to participate and submit a claim for potential property, with or without the influence of
loss in Value through the PVP Program, the Project, whichever is higher, as being
equivalent to all other Owners who fall within the the offer price. See Compensation Section
PVP Area. 7.1.4. above for details. The Owner will be
able to sell the property to the NWMO at
If the Owner(s) accepts the offer, the Owner(s) the Value indicated on the NWMO offer
will no longer be eligible to participate in the PVP letter at any time before the Program End
Program or make any other claim for the Date for the PVP Adjacent Property
Property for which an offer was accepted. Program.
The only change taking place after the twenty- 7.2.6.The Owner(s) may choose to trigger
four (24) months period is that the NWMO will no another property appraisal to understand
longer provide a mechanism for the NWMO to the current fair Market Value. All appraisals
serve as a potential buyer for the adjacent of the subject property outside of the initial
properties. appraisal will be conducted at the sole
expense of the Owner(s) and subject to
7.1.5.3. Program Review Section 9 of the PVP Program – Appraisal
Terms of Reference. The Compensation will
Program Review does not apply to the PVP
be determined based on details provided
Adjacent Property Program, as PVP Adjacent
in Section 7.1.4. above.
Property Program expires twenty-four (24)
7.2.6.1. For the subsequent appraisal of the
months after the Program Start Date and before
subject property, the Owner(s) will be
deep geological repository construction phase
required to choose from a list of third-
starts.
party independent AACI accredited
7.2. Adjacent Property process Appraisers provided by the NWMO to
conduct the appraisal of the subject
7.2.1.Upon Site Selection Announcement and property.
the start of the PVP Program, the NWMO 7.2.6.2. The pre-qualified list of candidates
will identify properties that are adjacent to provides expedited access to a group of
properties owned or optioned by the individuals familiar with the valuation
NWMO. methods used during the PVP claim
7.2.2.The NWMO will compile the Adjacent process, are accessible, and have
Property List, indicating properties that experience in appraising the type of
qualify under the PVP Adjacent Property property and Project impact. The
Program. candidates are positioned to effectively

Page 32
apply the Terms of Reference used to
Value Real Property under the PVP
Program.
7.2.7.The Owner(s) subsequent appraisal(s)
is/are subject to the Terms of Reference
defined in Section 9 of this document.
7.2.8.The Owner(s) can accept the offer from
the NWMO to acquire the subject
property at any time during the twenty-
four (24) months period while PVP
Adjacent Property Program is operational.
This decision by the Owner is at their sole
discretion but is subject to the conditions
described in the PVP Adjacent Property
Program.
7.2.9.During the twenty-four (24) months that
the PVP Adjacent Property Program is
operational, should the Adjacent Owner(s)
choose to sell its property to another
party, other than the NWMO, the Owner(s)
will be able to file a claim of loss in Value
under the PVP Program.
7.2.10. The Owner(s) who qualifies under the PVP
Adjacent Property Program but did not
participate in the PVP Adjacent Property
Program will be able to continue to
participate in the PVP Program and file a
claim of loss in Value under the PVP
Program.

Page 33
Figure 2 - The map below depicts 5 km (red line) radius overlayed onto the PVP Area and highlights the NWMO owned and optioned land,
along with the adjacent properties.

Page 34
8. Arbitration
8.1. Introduction provided by the NWMO in consultation with the
Municipality of South Bruce.
The purpose of this section is to provide
information about Arbitration. Under the PVP The place of the arbitration will be South Bruce
Program, the Claimant has the option to refer a unless the Claimant and the NWMO agree
Claim to Arbitration if there is no resolution otherwise. The Arbitrator may direct the
reached using an appraiser Referee (see Claim Arbitration to proceed virtually. The Arbitration
resolution step of the claim process for more shall be conducted in accordance with the
details). The Arbitration will result in a final and process set out in this section 8 with a view to
binding decision in respect of a Claim that is not achieving just, speedy, and cost-effective
subject to appeal by either Claimant or the determination of the Claim.
NWMO. The Claimant agrees that by
participating in the PVP Program, it may refer a Within 30 days of the Claimant’s referral of the
Claim to Arbitration to be finally resolved if all Claim to arbitration, the Claimant and the
other steps in the PVP Program have been NWMO shall each deliver an appraisal report
exhausted without resolution, and the Claimant that complies with the Appraisal Terms of
will not commence any claim in court in relation Reference set out in section 9. The appraisal
to a Claim under the PVP Program. report may be the same appraisal report that
was delivered during the Referee process or a
8.2. Arbitration overview new appraisal report, provided that the
appraiser acknowledges that it is his or her duty
When a dispute is not resolved through a
to provide opinion evidence in the Arbitration
Referee (the Claim resolution step of the claim
that is fair, objective and non-partisan.
process), the matter can be referred to
Arbitration. In Arbitration, an independent The Arbitrator’s decision shall be based solely on
unbiased person (sole arbitrator) hears evidence consideration of the appraisal reports and the
and submissions from both the Claimant and the submissions of each party. There will be no
NWMO before issuing a final and bidding document production in the Arbitration. The
decision on a Claim. Arbitration hearing will be comprised of cross-
examinations of each appraiser and oral
8.3. Overview of the Arbitration submissions. The Arbitrator may issue
procedure for the PVP Program procedural directions as required with a view to
Should the Claimant reject the NWMO's loss achieving a just, speedy, and cost-effective
Compensation offer based on findings of the determination of the Claim. The Arbitrator shall
Referee (see Claim resolution step of the claim render his or her decision within 30 days of the
process for more details), in this stage of the conclusion of the Arbitration hearing. The
process, the Claimant can choose to proceed Arbitrator has the discretion to make a costs
with the arbitration process. The Claimant award in the Arbitration, taking into account the
chooses a third-party independent single relative success of the parties in the Arbitration.
professional arbitrator to arbitrate over the
Claim from a pre-qualified list of candidates

Page 35
Documents to be submitted by the Claimant
Subject to conditions of the Arbitration process.

Anticipated Claimant expenses


• Half of the cost of the fees of an Arbitrator from a
pre-qualified list of candidates to conduct the
arbitration process.
• Other Claimant's costs are associated with the
Arbitration process.
• Note that the costs may be subject to
reimbursement; please refer to section 4.4 titled
"Reimbursable expenses" under the Compensation
heading of this document for more details.

Page 36
9. Appraisal Terms of Reference
9.1. Overview Conditions to which the appraisal is
subject.
As per the conditions of Section 6.5.1, Claim
9.2.5.The appraiser must provide commentary
submission, the appraiser will complete without
and reason in support of any Hypothetical
the Project appraisal for the subject property as
condition and extraordinary assumption
outlined herein.
made within the report.
9.2.6.A minimum of three (3) to six (6)
9.2. Date of Appraisal
comparable properties must be used in the
As directed by the Claimant, the appraiser will appraisal report.
estimate the "Unaffected Fair Market Value" of 9.2.7.The comparable sale properties will be
the subject property, based on its highest and selected from the Municipality in which the
best use as on the date of the sale. This will be subject property is located, the County of
determined by using the Direct Comparison Bruce.
Method using Multiple Paired Sales Analysis. 9.2.8.The appraisal is required to include an
Comparable sales utilized in the analysis will adjustment grid for all selected
provide sufficient support for the conclusion comparable sale properties and will
made within the report: format and include an explanation of any Location-
methodology. related adjustments. The appraisal report
must include an estimate of the number of
9.2.1.The appraisal shall be conveyed in
days after listing that the property should
narrative report format and must follow
sell within, assuming competitive pricing
the version of the Appraisal Institute of
was utilized throughout.
Canada's "Uniform Standard of
9.2.9.Adjustments for adverse influences
Professional Appraisal Practice" (CUSPAP)
unrelated to the Project must be evident
applicable as of the date of the appraisal
and explained in the appraisal report.
report.
9.2.2.The subject property is to be appraised in a 9.3. Requirements
fee simple as if free and clear of all
9.3.1.Appraisal Opinion – In addition to
encumbrances.
compliance with CUSPAP, any Appraisal
9.2.3.In accordance with the CUSPAP standard,
Opinion of Value using the Direct
any easements, encroachments,
Comparison Approach must include:
restrictions, leases, or covenants that the
9.3.1.1. That all adjustments are given a
appraiser is aware of and would in any way
numeric dollar Value;
affect the valuation shall be expressly
9.3.1.2. That all objective adjustments are
noted in the appraisal document.
based on market data; and
9.2.4.Standard Limiting Conditions and
9.3.1.3. All significant differences between the
Assumptions to which the appraisal is
Claimant's property and the
subject, the appraiser shall include any
comparable properties shall be
Hypothetical Conditions, Extraordinary
adjusted using quantitative
Assumptions and Extraordinary Limiting
adjustments based on market data.

Page 37
9.3.2.Adjustments should be quantitative and
require reasoning in support of the
adjustment as outlined in the adjustment
grid.
9.3.3.If qualitative adjustments are deemed
necessary, adequate background
documentation must be provided to
support/justify the qualitative adjustments.
9.3.4.The appraiser hereby confirms, and the
appraisal report shall include a statement
confirming, that the appraiser:
i. has not appraised the property
previously for another client within the
last 36 months; and
ii. has no known potential conflict of
interest with respect to the appraisal.
9.3.5.The final appraisal report must be signed
or co-signed by a CRA or AACI accredited
appraiser.

Page 38
Appendix

Page 39
Appendix 1 – PVP Claim Process

Page 40
Appendix 1 – PVP Adjacent Property Program

Page 41
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Page 42
SCHEDULE D
CENTRE OF EXPERTISE TERMS OF REFERENCE

The Centre of Expertise will be comprised of an open to the public Visitor Centre and the private
offices and research facilities for NWMO.

1. Engagement and Design Development

1.1 NWMO shall consult with the Municipality throughout the design and development
process for the Centre of Expertise.

1.2 Following the Commencement Date and as part of the design and development
process for the Centre of Expertise, NWMO shall: (a) provide the Municipality with
an opportunity to participate in its engagement and consultation process for the
Centre of Expertise; and (b) as part of such engagement and consultation process,
consider comments provided by the Municipality and its community members.

1.3 The Municipality acknowledges and agrees that NWMO will make good faith
efforts to collaborate with Local Indigenous Communities and their members in
connection with the design, development and operation of the Centre of Expertise.

1.4 The Implementation Committee (or applicable Working Group) shall be


responsible for implementing the Parties’ obligations under this Section 1.

1.5 NWMO shall use good faith efforts to achieve substantial completion of the Centre
of Expertise within four (4) years following the Commencement Date.

2. Visitor Centre

2.1 The Centre of Expertise will host a Visitor Centre. The Visitor Centre will house
a variety of displays presenting the history and culture of the local community.
Local Indigenous Communities will also be invited to participate and have displays
presenting their history and culture. NWMO will be responsible for the
development of displays (with input from the Municipality and applicable Local
Indigenous Community where appropriate). NWMO and the Municipality will also
explore a partnership with the Bruce County Museum to exchange displays to be
exhibited in the Centre of Expertise and Bruce County Museum. NWMO will be
responsible for the upkeep and staffing of the Visitor Centre.

2.2 The Visitor Centre will provide a space to the Municipality and to the County for
promotion of local tourism. The Municipality and the County will each be
responsible for programming and staffing of such space, including any associated
costs.

2.3 The Visitor Centre will include a multi-purpose space that could be used as a lecture
hall or training facility with audio visual equipment. The Municipality will be able
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to book the multi-purpose space (and any other rooms) through the Centre of
Expertise’s facility manager at no cost, subject to availability.

2.4 The Visitor Centre will host a science centre. NWMO will be responsible for the
development of displays (for which it will seek input and support from the
Municipality), as well as the upkeep and staffing of the science centre. The displays
may feature scientific topics related to the DGR (nuclear, geological, chemical,
robotics, and engineering) and the local community (agricultural science and
environmental stewardship).

2.5 To the extent possible pursuant to Applicable Law (including any applicable
setbacks, safety and security requirements of a Governmental Authority), NWMO
and the Municipality will investigate the potential of developing a trail system, as
required, through NWMO-owned property, including a possible canoe and kayak
launch site. This trail system would be located on NWMO-owned property either
at the Centre of Expertise or on unused land near the DGR site.

2.6 NWMO will consider potential safety and outdoor educational opportunities at the
Centre of Expertise.

3. Location, Zoning, and Permitting Considerations

3.1 The Municipality will:

(a) inform NWMO of any municipal lands available for purchase by NWMO
to site the Centre of Expertise;

(b) inform NWMO of its preference for where the Centre of Expertise would
be sited in general terms; and

(c) work collaboratively with NWMO to ensure that zoning considerations on


preferred target locations align with Planning Act needs, NWMO, and
outstanding potential site control agreement needs.

4. Property Tax

4.1 NWMO shall pay the COE Property Taxes in accordance with Section 13.1.5 of
the Agreement.

5. Abandonment of Facility

5.1 If NWMO terminates this Agreement, NWMO may sell or transfer the Centre of
Expertise at NWMO’s discretion but shall consider possible benefits for the
Municipality in the course of such action.

5.2 The Municipality shall use reasonable efforts to cooperate with NWMO’s decisions
relating to the disposition of the Centre of Expertise pursuant to Section 5.1.
SCHEDULE E
IMPLEMENTATION COMMITTEE TERMS OF REFERENCE

1. Constitution of the Implementation Committee

1.1 The Implementation Committee shall be composed of two (2) representatives from
each of NWMO and the Municipality.

1.2 Each Party shall use reasonable efforts to ensure that, where appropriate, turnover
of its representatives appointed to the Implementation Committee is minimized to
the extent reasonably possible. Each Party may, from time to time, replace its
representative(s) by delivering Notice to the other Party.

1.3 A Party’s representative on the Implementation Committee shall: (a) be authorized


to represent their appointing Party on any matter related to the implementation of
the Agreement; and (b) when required, seek approval from their appointing Party
for decisions related to the implementation of the Agreement which will bind the
Parties.

2. Roles and Responsibilities of the Implementation Committee

2.1 The roles and responsibilities of the Implementation Committee shall include the
following:

(a) managing the implementation of this Agreement in accordance with its


terms;

(b) identifying outstanding actions under this Agreement;

(c) developing terms of reference consistent with this Schedule E for any
Working Group established by the Implementation Committee in
accordance with Section 6 of this Schedule E, which shall set out, at
minimum:

(i) the purpose, membership and responsibilities of each Working


Group;

(ii) the conduct of each Working Group’s meetings and frequency of


such meetings;

(iii) the frequency and manner in which each Working Group shall report
to the Implementation Committee;

(iv) the process and information requirements in respect of referring a


disagreement between the members of a Working Group to the
Implementation Committee for resolution; and
-2-

(v) the proposed duration of any Working Group or the event following
which the Working Group would be disbanded, unless agreed
otherwise;

(d) providing recommendations, advice and input to the Leadership Table in


connection with the completion of relevant obligations in connection with
this Agreement;

(e) reviewing and approving reports prepared by any Working Group;

(f) reviewing any reports prepared by the Municipality or NWMO in


connection with this Agreement and/or the Project;

(g) collaborating to finalize the draft Engagement and Education Plan in


accordance with Section 5.2;

(h) reviewing any Project Scope Modification referred to the Implementation


Committee pursuant to Section 5.3.1;

(i) implementing the Communications Protocol and approving any


amendments to the Communications Protocol in accordance with its terms;

(j) advising on issues or concerns, and resolving disagreements and disputes,


referred to it by any Working Group;

(k) regularly briefing the Leadership Table on the status of implementation of


this Agreement;

(l) preparing and providing to the Parties by July 31st of each year during the
Term:

(i) (A) a report of the activities undertaken and decisions and


recommendations made by the Implementation Committee for the
previous year; and (B) an assessment of such activities against the
annual workplan prepared in respect of such year (the “Annual
Review Report”);

(ii) the Annual Work Plan for the following year in accordance with
Section 5 of this Schedule E; and

(iii) a report assessing the effectiveness of the mandate of the


Implementation Committee with recommendations and necessary
modifications.

(m) considering the potential for, and impacts of, an extended Delay Period
pursuant to Section 7.3.1, and preparing a report containing its findings and
recommendations;
-3-

(n) considering the duration and impact of an extended Interruption of


Operations pursuant to Section 7.5, and preparing a report containing its
findings and recommendations; and,

(o) providing a forum to discuss and resolve any Disputes referred to the
Implementation Committee pursuant to Section 18.1.3.

3. Decision-Making

3.1 All decisions, recommendations of, and reports from, the Implementation
Committee shall be made unanimously by its members in attendance.

3.2 No decision or recommendation can be made, and no report can be approved, by


the Implementation Committee unless at least one (1) representative of each Party
is present at the meeting.

3.3 Each Party must comply with the decisions and recommendations made by the
Implementation Committee.

4. Disputes

4.1 If consensus cannot be reached in respect of a decision, recommendation or report,


as applicable, any member of the Implementation Committee may refer the
disagreement to the Leadership Table for discussion and resolution.

4.2 If a disagreement cannot be resolved by the Leadership Table for resolution within
twenty (20) Business Days of the date such disagreement was referred, either Party
may refer such disagreement to Dispute resolution pursuant to the arbitration
process outlined in Section 18.1.6 of the Agreement.

5. Annual Work Plan

5.1 The Implementation Committee shall develop, by July 31st of each year prior to the
commencement of the Extended Monitoring Phase, a work plan in respect of
implementation of the Agreement for the following year (each, an “Annual Work
Plan”).

5.2 The Implementation Committee shall incorporate the work plans submitted by the
Working Groups and approved by the Implementation Committee in accordance
with Section 6.3 of this Schedule E into the applicable Annual Work Plan.

5.3 Prior to developing the Annual Work Plan, NWMO shall provide to the
Implementation Committee a detailed description of its anticipated activities in
respect of the Project for the relevant year.

5.4 Each Annual Work Plan shall include the following:


-4-

(a) a description of the activities that the Implementation Committee shall


undertake in the following year in respect of the Project; and

(b) any other items as directed by the Leadership Table.

6. Working Groups

6.1 The Implementation Committee may form working groups (each, a “Working
Group”) as it deems appropriate.

6.2 Each Working Group shall, by May 1st of each year, submit a work plan for the
following year for approval by the Implementation Committee.

6.3 The Implementation Committee shall review and approve each Working Group’s
work plan, subject to any revisions the Implementation Committee deems
necessary.

7. Conduct of Members

7.1 Members of the Implementation Committee and any Working Group shall perform
their duties and obligations free from the influence of any personal or other
conflicting interest and where any member has knowledge of any actual or potential
conflict of interest (whether such potential conflict is direct or indirect) such
member shall provide details of such actual or potential conflict of interest to the
Implementation Committee.

7.2 Where the Implementation Committee is advised or aware of any such conflict of
interest on the part of a member of the Implementation Committee or any Working
Group, the matter shall be made known to the member of the Implementation
Committee or Working Group alleged to have such conflict of interest and such
member shall not participate in any deliberations or decisions or recommendations
to which such conflict of interest applies.

8. Meetings of Implementation Committee

8.1 The Implementation Committee shall meet, and the meetings of the Implementation
Committee shall be conducted, in accordance with the following:

(a) The Implementation Committee shall meet in person or by videoconference,


as determined by the members of the Implementation Committee.

(b) The members of the Implementation Committee shall appoint one (1)
member of the Implementation Committee to act as chair at meetings of the
Implementation Committee. The position of chair shall rotate between a
representative of the Municipality and an NWMO representative on an
annual basis. An NWMO representative shall be chair for the year following
the Effective Date. The chair shall be responsible for convening meetings
of the Implementation Committee and for setting the agenda for the
-5-

meetings. The chair shall have a vote in his/her capacity as a member of the
Implementation Committee but shall not have a second casting vote for any
decisions or recommendations of the Implementation Committee. If the
chair is not in attendance at any meeting, another representative of that Party
may chair the meeting.

(c) A special meeting of the Implementation Committee may be called by one


of the Parties upon no less than ten (10) days’ notice to the other Party,
which notice shall contain the reason for the special meeting.

(d) The Implementation Committee shall meet at least monthly during the
Licensing Phase, Site Preparation Phase and Construction Phase and at least
four (4) times annually during the Operations Phase, or more or less
frequently during any Phase as reasonably required by the Municipality or
by NWMO or as determined by the Implementation Committee.

(e) Implementation Committee members shall be required to attend, and


actively participate in, Implementation Committee meetings.

(f) For there to be quorum for any meeting of the Implementation Committee,
there shall be at least one (1) member of each Party. If quorum is not attained
in any meeting, the chair or if not present any member who is present, shall
adjourn the meeting to a date that is not less than ten (10) Business Days
later and give notice of this new date to all Implementation Committee
members and any members who attend on the new date shall constitute
quorum.

(g) Experts and advisors and Party representatives may attend Implementation
Committee meetings from time to time if their attendance is necessary to
facilitate the work of the Implementation Committee and provided the
Parties are given advance notice of their attendance, but they shall not have
any say in any decision or vote of the Implementation Committee.

(h) The Implementation Committee shall make decisions about its own
procedure by consensus.

9. Minutes

9.1 Minutes of each meeting of the Implementation Committee must be taken and made
available to the Parties promptly following the meeting. NWMO shall be tasked
with recording minutes unless the Parties agree otherwise.

10. Cost

10.1 No additional funding will be available for the Implementation Committee


activities unless the Implementation Committee delivers a request to NWMO in
writing which contains: (a) an estimate of such costs; and (b) an explanation which
demonstrates that such costs are necessary and explains how the estimated
-6-

expenditure is an efficient and cost-effective use of NWMO funds. NWMO shall,


acting reasonably, promptly review and respond to any such request. For clarity, all
such proposed expenditures shall comply with NWMO’s then-current business
expense policy and shall only be approved where the activities are directly in
support of the performance by the Implementation Committee of the Parties’
obligations set out in the Agreement.
SCHEDULE F
REGULATORY DECISION-MAKING DELIVERABLES

1. List of Project Application Materials:

1.1 The following impact assessment-related materials:

(a) Initial Project Description – main submission, inclusive of the Public


Engagement Report but exclusive of all technical appendices;

(b) Impact Statement – main submission, inclusive of the Public Engagement


Report but exclusive of all technical appendices;

(c) Effects Assessment, exclusive of Indigenous Assessment topics; and

(d) Mitigation, Monitoring and Commitments List.

1.2 The following CNSC licensing-related materials (applicable to each licence


application made to the CNSC in respect of the Project):

(a) Site Layouts;

(b) Environmental Protection Plan;

(c) Emergency Management and Fire Protection Plan; and

(d) Waste Management Plan.

2. List of Deliverable Driven Engagement Materials:

2.1 The following impact assessment-related deliverables:

(a) development of the baseline conditions;

(b) establishment of the valued components for assessment;

(c) determination and assessment of alternative means;

(d) establishment of the spatial and temporal boundaries for the impact
assessment;

(e) establishment of criteria for the assessment of potential effects;

(f) evaluation of cumulative effects;

(g) identification of mitigation measures; and

(h) establishment of monitoring plans.


-2-

2.2 The following CSNC licensing-related deliverables (applicable to each licence


application made to the CNSC in respect of the Project):

(a) Population & Land Use Report;

(b) Preliminary Decommissioning Plan;

(c) Emergency Planning (Management Report);

(d) Groundwater Protection and Monitoring Plan; and

(e) Environmental Monitoring Plan.

3. List of Project Information Materials:

3.1 Any materials required to be shared with the Municipality in connection with the
IA Process.

3.2 The following CNSC licensing-related materials (applicable to each licence


application made to the CNSC in respect of the Project):

(a) Commission Member Document (NWMO’s application submission


document);

(b) Exclusion Zone Report;

(c) Secured Project Site Process;

(d) Descriptive Geoscientific Site Model;

(e) Waste Acceptance Criteria;

(f) Reference Inventory Report;

(g) Preliminary Preclosure Safety Assessment;

(h) Preliminary Postclosure Safety Assessment;

(i) Effluent and Emissions Control / Monitoring; and

(j) Site Prep Plan – Final.

3.3 Any materials that NWMO is required by a Governmental Authority (other than
the Municipality) to share with the Municipality relating to any other Regulatory
Process or Regulatory Approval not otherwise provided to the Municipality.
SCHEDULE G
COMMUNICATIONS PROTOCOL

1. GENERAL

1.1 Background

(a) The Corporation of the Municipality of South Bruce (the “Municipality”) and the
Nuclear Waste Management Organization (“NWMO” and together with the
Municipality, the “Parties” and each a “Party”) have entered into an agreement
dated May 1, 2024 in respect of the potential development of the Project (the
“Agreement”). Capitalized terms used but not defined herein have the meaning set
out in the Agreement.

(b) This Communications Protocol shall govern and provide a framework for a
coordinated approach to Communications (as defined below) between the Parties
and with third parties in respect of the Agreement and/or the Project, and includes,
among other things:

(i) each Party’s Communication Lead (as defined below), including the roles
and responsibilities of the Communication Leads;

(ii) the Parties’ agreement upon the approach that will be taken in respect of the
development of Communications and the Communications Work Plans (as
defined below); and

(iii) the proposed communication tools to be used to keep the community and
other stakeholders informed of progress of the Project.

(c) Any communications not addressed by this Communications Protocol shall be


governed by the Agreement. In the event of ambiguities, gaps, conflicts or
inconsistencies between this Communications Protocol and the Agreement, the
Agreement shall govern.

(d) This Communications Protocol is designed to be flexible and responsive to the


needs of the Parties as the Project progresses. The Communication Leads (as
defined below), with support from their respective Communications Team and the
Implementation Committee, as required, shall be responsible for implementing this
Communications Protocol on behalf of the Parties.

1.2 Communications Principles

(a) The communications between the Parties will be guided by the following
principles:

(i) mutual respect and understanding;


-2-

(ii) flexibility, cooperation and openness;

(iii) timely notification and sharing of information relevant to the Project; and

(iv) recognition of the need to maintain open communications while respecting


confidentiality pursuant to Article 16 of the Agreement.

1.3 Objectives

(a) The objectives of this Communications Protocol are to coordinate the Parties’
Communication Teams, processes and tactics in respect of Project to:

(i) generate support from partners, communities, and the public for the
advancement of the Project and highlight the benefits that the Municipality
and surrounding communities have and will receive in connection with the
development of the Project;

(ii) keep Parties informed of any developments or communications that are


relevant to the Project and/or that relate to or affect the other Party;

(iii) resolve any communications issues that emerge in connection with the
Project that affect or relate to the Municipality;

(iv) plan and develop Communications in respect of Project development; and

(v) ensure that stakeholders, media, members of the public, partners and the
Parties’ employees are notified, informed, engaged and offered the
opportunity to ask questions and provide feedback in respect of the Project.

1.4 Communications

(a) For the purposes of this Communications Protocol, the Parties agree that
“Communications” includes any media release, public event, campaign, public
announcement or statement or other public disclosure (whether for publication in
the press, on the radio, television, internet, social media or other medium) related
to (i) in the case of the Municipality, the Agreement and the Project; and (ii) in the
case of NWMO, the Agreement or the Project (only to the extent such
Communication in respect of the Project relates to the Municipality).

(b) For clarity, the Parties acknowledge and agree that Communications developed
pursuant to the Communications Protocol could include:

(i) Branding, Graphics and Advertisements;

(ii) Media Releases (including information and quotes from each organization);

(iii) Supply Chain (including opportunities to highlight the Project’s impact on


local and Canadian supply chains);
-3-

(iv) Social Media;

(v) Publications (including, where appropriate and applicable, the Parties will
collaborate upon the development of information, quotes and pictures for
inclusion in publications (for example, newsletters delivered to local
residences, on NWMO’s or the Municipality’s website, etc.));

(vi) Industry Conferences (including opportunities to jointly attend and/or speak


at such conferences);

(vii) Joint Public Information Sessions and Community Events; and

(viii) Thought Leadership (including jointly developing content and sharing


individually developed content to help ensure coordination of efforts,
consistent messaging, and to enhance opportunities to collectively amplify
positive media coverage).

2. ROLES AND RESPONSIBILITIES

2.1 Communication Leads

(a) Each Party will appoint an internal lead communications contact for the purposes
of this Communications Protocol (the “Communication Leads” and each a
“Communication Lead”).

(b) The Communication Leads shall:

(i) jointly develop the Communications Work Plans (as defined below) and
implement such plans with the support of their Communications Teams;

(ii) schedule monthly meetings with the Communications Teams and delivering
meeting minutes to the Implementation Committee for review and
comment;

(iii) identify the need for and develop joint Ad-Hoc Communications (as defined
below);

(iv) seek the approval of the Implementation Committee for Communications


where the Communication Leads cannot agree;

(v) collaborate with the Parties’ Communications Teams regarding


Communication programs and messaging;

(vi) support the Parties’ Communication Team and liaise with the
Implementation Committee to obtain the resources necessary to administer
and execute upon this Communications Protocol; and
-4-

(vii) undertake any other responsibilities delegated by the Implementation


Committee from time to time.

3. ANNUAL COMMUNICATIONS WORK PLAN

3.1 Annual Communications Work Plan

(a) On or prior to May 1st of each year during the Term, the Communication Leads
shall jointly develop, and deliver to the Implementation Committee, a work plan in
respect of Planned Communications (as defined below) for the next year (each, a
“Communications Work Plan”). The Implementation Committee shall review
and approve each Communication Work Plan.

(b) In connection with the development of each Communications Work Plan, NWMO
shall provide a detailed description of its anticipated activities in respect of the
Project for the relevant year to the Communication Leads.

(c) Each Communications Work Plan shall include the following:

(i) a list of the members of each Party’s communications teams for that year
(each, a “Communications Team”), including the roles and responsibilities
of each team member;

(ii) (A) the anticipated activities in respect of the Project for that year that will
be subject to joint Communications, and (B) any Communications that the
Parties anticipate being required in that year, including communications to
the residents of the Municipality (collectively, the “Planned
Communications”);

(iii) the anticipated timing for each Planned Communication and the work
schedule, including the tasks assigned to each Communications Team, for
such Planned Communication;

(iv) the frequency, and proposed dates for, integration and alignment meetings
to discuss the strategy, planning and updates related to the Planned
Communications; and

(v) the communication tools and approaches which could be used to keep the
residents of the Municipality informed regarding matters related to the
Agreement and/or the Project.

4. ANNUAL REVIEW AND AMENDMENTS

4.1 Annual Review

(a) The Communication Leads, along with other representatives from the Parties’
Communications Teams, shall meet annually, or more frequently as determined by
the Communication Leads, to discuss the implementation and undertake a review
-5-

of this Communications Protocol. Based on such review, the Communication Leads


will recommend amendments to this Communications Protocol for approval by the
Parties in writing.

4.2 Amendments

(a) Other than as a result of a review under Section 4.1, the Implementation Committee
may, from time to time, recommend amendments to this Communications Protocol
for approval by the Parties in writing.
The Corporation of
The Municipality of South Bruce
By-Law #2024-49
Being a By-Law to authorize the signing of a Hosting Agreement
between the Municipality of South Bruce and the Nuclear Waste
Management Organization

Whereas the Municipal Act, 2001, s. 9 sets out that a municipality has the capacity,
rights, powers and privileges of a natural person for the purpose of exercising its
authority under this Act or any other Act.

And Whereas the Municipal Act, 2001 authorizes a municipality to pass by-laws with
respect to the matters identified in s. 11(2), subject to the rules set out in s. 11(4).

And Whereas in 2010, the Nuclear Waste Management Organization (“NWMO”)


initiated a community-driven process to select a site for a deep geological repository to
safely contain Canada’s used nuclear fuel (the “Project”).

And Whereas the Municipality of South Bruce (the “Municipality”) proactively


expressed an interest in participating in the NWMO’s site selection process in 2012.

And Whereas the NWMO secured more than 1,500 acres of land located north of
Teeswater in the area of Sideroad 25 North and Concession Road 8 through a
combination of option and purchase arrangements on which it is considering to
potentially locate the Project.

And Whereas in January 2020, the NWMO announced that it had narrowed down the
potential host sites to two: the Wabigoon Lake Ojibway Nation-Ignace area and the
Saugeen Ojibway Nation-South Bruce area.

And Whereas at its October 28, 2020 meeting, Council adopted 36 Guiding Principles
to guide municipal activities and engagement related to the NWMO site selection
Process and the Project, and has undertaken Community Studies related thereto.

And Whereas in June 2022, the Municipality and NWMO executed a non-binding
memorandum of understanding that set out commitments from NWMO to address the
36 Guiding Principles.

And Whereas NWMO intends to announce a decision selecting an informed and willing
host community by December 31, 2024.

And Whereas Council has passed a by-law in accordance with the Municipal Elections
Act, 1996 to submit a question to the electors by way of a by-election to be held on
October 28, 2024 to determine whether South Bruce is a willing host for the Project.

And Whereas the Municipality and the NWMO have negotiated a hosting agreement
that would, among other things, set out the benefits to, and obligations and rights of,
each of the Municipality and the NWMO in respect of the Project in the event that South
Bruce determines it is a willing host and is selected as the site for the Project, which is
attached to this By-Law as Schedule “A” (the “Hosting Agreement”).

And Whereas the Municipality now wishes to enter into the Hosting Agreement.

Now Therefore Be It Resolved That the Council of the Corporation of the


Municipality of South Bruce hereby enacts as follows:

1. That the Mayor and Chief Administrative Officer/Deputy Clerk are hereby
authorized to sign the Hosting Agreement.

2. That a copy of the said Hosting Agreement is attached hereto and designated
as Schedule A to this By-Law.

3. That this By-Law shall come into force and takes effect on the date of signing.

That this By-Law be Read, Enacted, Signed and Sealed this 1st day of May, 2024.

Mark Goetz, Mayor Leanne Martin, Deputy Clerk

Seal.
Schedule “A”

Hosting Agreement

[Attached]
The Corporation of
The Municipality of South Bruce
By-Law #2024-50
Being A By-Law to Confirm the Proceedings of the Council of The
Corporation of the Municipality of South Bruce.

Now Therefore the Council of the Corporation of the Municipality of South Bruce
enacts as follows:

1. That the actions of the Council at its special meeting held on May 1, 2024
inclusive, in respect to each recommendation, reports of Committees
forwarded therewith, and in respect to each motion, resolution and other action
passed and taken by the Council at its said meetings, except where the prior
approval of the Ontario Municipal Board is required, is hereby adopted, ratified
and confirmed.

2. That the Mayor and Clerk, and their designates thereof, be and they are hereby
authorized and directed to do all things necessary to give effect to the said
action or to obtain approval where required and except where otherwise
provided, the Mayor and Clerk, and their designates thereof, are hereby
directed to execute all documents required by Statute to be executed by them,
as may be necessary in that behalf and to affix the Corporate Seal of the
Municipality to all such documents, and the Treasurer, and a designate thereof,
is hereby directed to execute all other documents necessary in that behalf and
to affix the Corporate Seal of the Municipality to all such documents.

3. That this By-Law shall come into effect upon the passing thereof.

That this By-Law be Enacted, Signed and Sealed this 1st day of May, 2024.

________________________ _______________________
Mark Goetz, Mayor Leanne Martin, Deputy Clerk

SEAL.

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