Corner Brook Pulp and Paper gets $90 million provincial loan
April 18th, 2013 | Posted in Funding Announcements | No comments »
The government of Newfoundland and Labrador is giving Kruger‘s Corner Brook Pulp and Paper a $90 million loan.
The loan won’t kick in until new contracts are in place for all the union at the mill.
“Corner Brook Pulp and Paper is a key employer and a strong contributor to our economy. The mill is important not only to the west coast, but the entire province. Government has clearly stated that we will provide support only when negotiations for a new contract are concluded for all eight unions at the mill,” said provincial Natural Resources Minister Tom Marshall.



