Pulp mill in Nova Scotia gets final payment under now-defunct job fund
HALIFAX (CP) — A pulp mill in Nova Scotia is getting a final payment of $13.7 million under a defunct provincial funding program. The government says it has made the final disbursement to help cover the cost of a precipitator and a natural gas conversion at Northern Pulp’s mill in Abercrombie. The government agreed to $21.7 million in loans and incentives in April 2013 for capital projects that improved air quality and efficiency. Those projects included the new precipitator, wood chip plant construction and natural gas conversion. Northern Pulp had two other Jobs Fund agreements — $15 million for working capital in 2009 and $75 million for land purchase in 2010. The province says all agreements under the fund with Northern Pulp totalled $111.7 million and all the money has been disbursed to the company.