Wood Business

Industry News News
N.S. party leaders against government financing for Northern Pulp plan

July 27, 2021  By P&PC Staff

Northern Pulp will need to wholly finance its proposed $350-million mill transformation should the plan be approved, say the leaders of all three major political parties in Nova Scotia.

Liberal Premier Iain Rankin, PC leader Tim Houston and NDP leader Gary Burrill all recently told the CBC that their parties would not loan money for the mill revamp and construction of a state-of-the-art effluent treatment facility.

“We support business; we do that by reducing regulatory burden and we continue to support our traditional sectors like forestry, but they’ll have to put their own [money] forward,” Rankin said.

Parent company Paper Excellence has not said how it plans to pay for the updated facility. Its project description, which still involves treated effluent being deposited in Pictou Harbour, is currently under review with the province’s environment department.


Read the full CBC story here.

Print this page


Stories continue below