Thank you, Mr. Chair.
Good afternoon, everyone.
It is a pleasure to be here today to discuss Atomic Energy of Canada Limited, or AECL, and our role in responsible environmental stewardship.
I would like to start by acknowledging our commitment to healing and reconciliation with indigenous peoples. In Ottawa, where I am located today, I acknowledge that the land I stand on is the traditional land and unceded territory of the Algonquin Anishinabe people.
I will be brief and focus on two key points. First, I will discuss AECL's role in radioactive waste management in Canada. Second, I will discuss what we are doing to protect the environment and manage our radioactive waste.
AECL is a federal Crown corporation, and we receive funding from the government to deliver on our mandate, which includes driving nuclear innovation for Canada and cleaning up federal nuclear legacy waste. We deliver this mandate through a government-owned contractor-operated, or GOCO, model.
Simply put, our contractor, Canadian Nuclear Laboratories, manages and operates our sites across Canada on our behalf. AECL provides direction to CNL and exercises oversight to ensure Canada derives value from the GOCO. AECL continues to own the sites, assets and liabilities. This is a model that has been used elsewhere in the world, and we have drawn from international best practices and lessons learned in putting it together here in Canada.
Over the past 70 years, AECL's work has had a profound impact on the lives of Canadians, whether it is the way we power our homes, with 15% of Canada's electricity coming from nuclear power, or the way we fight cancer. The medical isotopes produced at Chalk River, which are used to diagnose and treat cancer and other diseases, have benefited millions of Canadians and people around the world.
However, like any human activity, this creates by‑products and waste. In this regard, AECL is responsible for radioactive waste resulting from scientific and medical isotope production activities. All our waste is safely stored and we are investigating long-term disposal solutions.
To respect our time limits today, I want to stress that one of AECL's roles is to represent the interests of the Government of Canada in the management of its radioactive waste and environmental liabilities.
As we look to the next generation of research on energy and health, the Chalk River labs are poised to be at the forefront of our science future, but we need to take action now to protect and care for the environment and address our legacy liabilities.
We are fully committed to working with the Canadian public and indigenous peoples in an open and collaborative manner to achieve this.
Thank you.Merci.Meegwetch.