Nova Scotia Reaches Settlement with Paper Excellence, Sets New Path Forward

By Premiers Office
The Government of Nova Scotia
May 23, 2024
Category: Business & Politics
Region: Canada, Canada East

Tim Houston

NOVA SCOTIA — The Province’s negotiations through a court-ordered mediation process have resulted in a settlement agreement with Paper Excellence Group, owner of the Northern Pulp mill in Pictou County. …“We’ve come to a resolution that is fair to all sides – settling legal and financial issues, protecting pensioners and setting a new path forward,” said Premier Tim Houston. “The company believes there could be a future for them in Nova Scotia.” The agreement approval would see Paper Excellence move forward with an independent feasibility study of the potential for a new kraft pulp mill in Queens County. The company would withdraw its proposal to upgrade the mill in Abercrombie, Pictou County. …A new mill would respond to observations from the 2018 report on forestry practices by Prof. William Lahey. If a new mill project moves ahead, the company will determine the next steps for the Pictou County mill site.

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