Wednesday, April 10, 2013

Resolute Seeks 60% Tax Cut for Thunder Bay

http://www.cbc.ca/news/canada/thunder-bay/story/2013/04/09/tby-thunder-bay-resolute-mill-request-tax-reduction.html
Resolute Forest Products wants 60% reduction in tax assessment for Thunder Bay mill
City administration has told Thunder Bay city council they could be on the hook for millions of dollars, if Resolute Forest Products gets its wish.
The company is asking the Assessment Review Board to lower the value of its pulp and paper mill to $29 million - retroactive to 2009.