Kap Paper expects another round of support from the Federal Economic Development Agency for Northern Ontario (FedNor) will be announced shortly. The company’s CEO, Terry Skiffington, told a House committee that the tens of millions of dollars of government loans secured this fall will only keep the plant going until the end of 2025. Kap Paper obtained a $10-million conditional repayable loan from FedNor on October 31, and some $27-million in loans from the province since the beginning of the year. Skiffington said there are talks underway with both the provincial and federal governments to keep operations going into next year. …Skiffington says Kap Paper is racing against the clock to reinvent itself, moving away from traditional pulp and paper products and betting on advanced building materials. “There is a market,” he said. …The plan is to replace existing manufacturing lines with completely new ones over a 30 month period.