The government of Nova Scotia makes further efforts to protect jobs at the New Page Port Hawkesbury mill and allocates funds to keep the mill in its "hot idle" state.
The government of the Canadian province of Nova Scotia has announced further investments amounting to a total of $14.8m in idled New Page Port Hawkesbury mill (NPPH). The province said the investment was aimed at keeping the mill ready for restart and protecting jobs. A total of $27.3m are said to have been allocated since 2011 for the protection of jobs at NPPH.
New Page stopped production at the newsprint and SC paper mill in September 2011 due to the weak market situation. Currently, negotiations are underway to sell the site to Pacific West Commercial Corporation (PWCC), a subsidiary of Canadian investment company Stern Partners.
