The Nuclear Fuel Waste Act (NFWA)  requires Canada's nuclear electricity producers to establish trust funds to finance the long-term management of used nuclear fuel. These funds will accumulate and may only be used for the purpose of implementing the management approach selected by the Government of Canada, once a construction or operating licence has been issued under the Nuclear Safety and Control Act.

These legislative obligations are the responsibilities of the individual companies named and not the NWMO. Each year, the NWMO makes public the audited financial statements of the trust funds when they are provided by the financial institutions.

The fiscal year-end for Ontario Power Generation, Hydro-Québec and Atomic Energy of Canada Limited is December 31. The fiscal year-end for NB Power Nuclear Corporation is March 31.

At the end of 2015, trust fund balances were at $3.7 billion. See our 2015 Annual Report for the latest numbers, projections and financial reports.

Trust Funds: Audited Financial Statements – 2015

Trust Funds: Audited Financial Statements – 2014

Trust Funds: Audited Financial Statements – 2013

Trust Funds: Audited Financial Statements – 2012

Trust Funds: Audited Financial Statements – 2011

Trust Funds: Audited Financial Statements – 2010

Trust Funds: Audited Financial Statements – 2009

Trust Funds: Audited Financial Statements – 2008

Trust Funds: Audited Financial Statements – 2007

Trust Funds: Audited Financial Statements – 2006

Trust Funds: Audited Financial Statements – 2005

For 2005, consistent with the legislation, the four corporations made further contributions to their respective trust funds in the following amounts:

Ontario Power Generation: $100,000,000

Hydro-Québec: $4,000,000

NB Power: $4,000,000

Atomic Energy of Canada Limited: $2,000,000

Trust Funds: Audited Financial Statements – 2004

For 2004, consistent with the legislation, the four corporations made further contributions to their respective trust funds in the following amounts:

Ontario Power Generation: $100,000,000

Hydro-Québec: $4,000,000

NB Power: $4,000,000

Atomic Energy of Canada Limited: $2,000,000

Trust Funds: Audited Financial Statements – 2003

For 2003, consistent with the legislation, the four corporations made further contributions to their respective trust funds in the following amounts:

Ontario Power Generation: $100,000,000

Hydro-Québec: $4,000,000

NB Power: $4,000,000

Atomic Energy of Canada Limited: $2,000,000

Trust Funds: Audited Financial Statements – 2002

For 2002, consistent with the legislation, the four corporations made further contributions to their respective trust funds in the following amounts:

Ontario Power Generation: $500,000,000

Hydro-Québec: $20,000,000

NB Power: $20,000,000

Atomic Energy of Canada Limited: $10,000,000