Ottawa says it can provide $12M loan to keep northern Ontario paper mill open

Global NewsFriday, October 17, 2025 at 6:20:13 PM
Ottawa says it can provide $12M loan to keep northern Ontario paper mill open
The federal government has stepped in to offer a $12 million loan to support the Kapuskasing paper mill in northern Ontario. This financial assistance is crucial as it allows the mill to remain operational while the company works on a long-term strategy for sustainability. This move not only helps preserve jobs in the region but also demonstrates the government's commitment to supporting local industries during challenging times.
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