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Southwestern Landfill Environmental Assessment

Financial Assurance

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Financial Assurance is a requirement of some environmental approvals in Ontario, including Waste Management Site Environmental Compliance Approvals.

Financial Assurance is money set aside by private companies like Walker Environmental so that the Ministry of the Environment and Climate Change (MOECC) has sufficient resources to deal with environmental challenges arising from a site should the need present itself.

The amount of Financial Assurance is calculated by the MOECC, using the F-15: Financial Assurance Guideline. Financial Assurance will be required by Walker Environmental, if the Southwestern Landfill Environmental Assessment is approved.