It is a Very Big Deal. At 10am on Thursday, July 29, at a special virtual meeting, shareholders of Domtar, a giant in the North American pulp and paper industry, will vote on whether to accept the sale of all the corporation’s issued and outstanding shares of common stock to Paper Excellence for US$55.50 per […]
Corporate shell game
Northern Pulp seeks protection from creditors in a BC court — and its largest creditor is its owner, Paper Excellence
Northern Pulp — the mill in Pictou County — has gone into hibernation. And Northern Pulp — the company — is “insolvent.” It is one of seven related companies petitioning for creditor protection in the British Columbia Supreme Court, while it seeks “a plan of compromise or arrangement.” The petitioners seeking relief from debt payments, […]
The Canso Chemicals mystery: With the chemical plant long gone, why is the company still alive? And what about all that mercury pollution?
Canso Chemicals hasn’t produced any chemicals for 29 years, but — contrary to what I wrote in the Halifax Examiner in “Northern Pulp’s environmental documents: missing mercury, a pulp mill that never was, and oodles of contradictions” — the company lives on. Sort of. For two decades Canso Chemicals produced chlorine for the pulping process […]
Battle for the Mill
The plan to pipe effluent from the Northern Pulp Mill into the Northumberland Strait is dividing the community of Pictou, pitting neighbour against neighbour and fishermen against mill workers.
This is a follow-up to Linda Pannozzo’s investigative articles in The Halifax Examiner detailing the issues around Northern Pulp’s proposed effluent treatment and disposal system: Dirty Dealing Part 1: Northern Pulp mill and the province are set to roll the dice with Boat Harbour’s replacement, but a cleaner alternative exists; Dirty Dealing Part 2: Wading through the quagmire […]