In turn, CBPP will work to identify new revenue sources from viable wood-based bioproducts projects in order to unlock the province’s high forest potential while further stabilizing the mill’s sustainability and future.
The provincial government has entered into an agreement to purchase additional power to further support the electricity grid, and to help stabilize Corner Brook Pulp and Paper Limited (CBPP), its workers and the forestry industry during challenging conditions in the global newsprint market. The six-month agreement includes Newfoundland and Labrador Hydro (Hydro) purchasing excess green energy from CBPP’s Deer Lake Power assets. In turn, CBPP will work to identify new revenue sources from viable wood-based bioproducts projects in order to unlock the province’s high forest potential while further stabilizing the mill’s sustainability and future. As well, government and CBPP have reached an agreement with respect to security, workforce and diversification. CBPP has committed to offer for sale saw logs to the three large sawmills in line with CBPP annual operating plans submitted to the Department of Fisheries, Forestry, and Agriculture. These saw log sales are essential for the stability of the forest sector.
Humber River and communities around it are under a flood watch
MNL concerned over changes to Multi-Year Capital Works Program and lack of consultation
It's Stop Sexual Exploitation Week, "It Happens Here; together we can create a safer community"
Seniors of Distinction Awards nominations accepted until Monday, May 11th
MHA says Corner Brook will lose $400K a year with changes to the Capital Works Program
