Electricity sales to Hydro Quebec restart paper mill
Production of soft nip calendered SNC and SCB commercial printing paper will resume as soon as the recall of employees is completed. The restart of the mill will provide direct employment for approximately 135 workers.
"We spared no effort to relaunch the Dolbeau mill because it is a good investment," stated Richard Garneau, President and Chief Executive Officer of Resolute, who was in the Lac-Saint-Jean region to confirm the news. "With today's announcement, Resolute will be more competitive than ever."
The Company is currently assessing its network of paper mills to ensure that production continues to be balanced.
Resolute Forest Products produces a number of products including newsprint, commercial printing papers, market pulp and wood products. The Company owns or operates 21 pulp and paper mills and 22 wood products facilities in the United States, Canada and South Korea.
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Ontario tables legislation to lower electricity rates
TORONTO - Ontarians will see lowered hydro bills for the next 10 years, but will then pay higher costs for the following 20 years, under new legislation tabled Thursday.
Ten weeks after announcing its plan to lower hydro bills, the Liberal government introduced legislation to lower time-of-use rates, take the cost of low-income and rural support programs off bills, and introduce new social programs.
It will lower time-of-use rates by removing from bills a portion of the global adjustment, a charge consumers pay for above-market rates to power producers. For the next 10 years, a new entity overseen by Ontario Power Generation…
