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    Forestry Minister has confidence in Corner Brook Pulp and Paper

    Monday, 25 November 2024 12:00

    By Tonya Organ

    Last week, an agreement between the two companies for energy generated from Deer Lake Power was extended for 6 months.

    Forestry Minister Gerry Byrne believes agreements between NL Hydro and Corner Brook Pulp and Paper Limited are win-win situations for everyone involved. Last week, an agreement between the two companies for energy generated from Deer Lake Power was extended for 6 months. Byrne says this provides flexibility for Hydro to draw power when needed, particularly during winter months. There is no impact on the ratepayer as a result of the agreement. Byrne says government has a lot of confidence in the mill. He says Corner Brook Pulp and Paper is working on identifying new revenue sources for wood based projects.

     

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    Today's Weather

    • Corner Brook

      Sunny

      High: 22°C | Low: 11°C

    • Deer Lake

      Sunny

      High: 22°C | Low: 11°C

    • Stephenville

      Sunny

      High: 16°C | Low: 12°C

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