A region in northern Ontario was chosen Thursday as the site to hold Canada’s nuclear waste in a deep geological repository, a critical milestone in a $26-billion, decades-long project to bury millions of used fuel bundles underground. The Nuclear Waste Management Organization, a non-profit body funded by the corporations that generate nuclear power and waste, announced that Ignace in northwestern Ontario will be the site, after both the town’s council and Wabigoon Lake Ojibway Nation were willing to move forward. Laurie Swami, president and CEO of the NWMO, said the organization will now start the regulatory process, which could take seven to 10 years. Construction is expected to take 10 years, with operations set to begin in the 2040s. “I’m really excited that we’ve been able to select the site,…