The entire program, which includes waste currently located in Chalk River, Ontario, waste near the Bruce nuclear reactor in Ontario and at Gentilly-1, as well as other equipment located in various regions of Canada, such as in Whiteshell, Manitoba, is a waste management program that will be recorded as a liability for the Government of Canada.
Atomic Energy of Canada recently announced that this liability, which is standing at $2.4 billion, will be increased to reflect the fact that, in particular, there will be a need to carry over further the indirect costs on the direct costs of waste management. Internationally, this has proven to be costly and lengthy.
Moreover, nuclear fuel is the responsibility of corporations that manage nuclear reactors. It must necessarily be included in the long-term management cost in electricity rates.