With the announcement that there won’t be a new kraft pulp mill being built in Liverpool, the long and expensive Northern Pulp saga begins winding down. Here’s the little we know about what Northern Pulp and its associated companies are worth, who’s likely to get paid and what the taxpayer might be on the hook for. When it filed for creditor protection in 2020, Northern Pulp estimated it had $254 million in assets and $311,019,464 in liabilities. But half of those assets – what it estimated as $130 million worth of equipment and land associated with a cold-idled pulp mill at Abercrombie Point – comes with a large and undetermined liability for whoever gets stuck with the cleanup costs. How much the taxpayer ends up on the hook both for unpaid loans to Northern Pulp and cleanup of the mill site will rely on how much gets paid for the companies’ assets.