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Northern Pulp, affiliate company owe Nova Scotia government more than $85 million – SaltWire Network

by ahnationtalk on November 18, 201937 Views

Nov. 18, 2019

Northern Pulp and an associated company owe the province more than $85 million.

While the company and the Nova Scotia government have acknowledged the existence of outstanding debts to the taxpayer, neither have been willing to disclose the amounts.

The Chronicle Herald received the details on the interest-bearing loans via a Freedom of Information request.

News of the magnitude of the debt comes as staff at the Nova Scotia Department of the Environment prepare a recommendation to Minister Gordon Wilson on whether to approve the construction of Northern Pulp’s proposed new effluent treatment facility.

That decision must come, according to legislated timelines of the Environmental Assessment process, no later than Dec. 13.

Read More: https://www.saltwire.com/news/canada/northern-pulp-affiliate-company-owe-nova-scotia-government-more-than-85-million-377214/

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