Thursday, April 18, 2013

NF Government Pledges $90 million to Kruger Corner Brook

The following statement was given today in the House of Assembly by the Honourable Tom Marshall, Minister of Natural Resources:
Mr. Speaker I am pleased to stand and inform this Honourable House that the Provincial Government plans to assist Corner Brook Pulp and Paper Limited with a $90 million loan.
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. 
Newfoundland minister defends $90 million loan to Kruger mill, says support depends on union contract being reached

Natural Resources Minister Tom Marshall elaborated in the House of Assembly this afternoon on a $90-million loan to assist Corner Brook Pulp and Paper Ltd.
"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,"