Home News Industry News Liberals approve Corner Brook paper mill pension deal, after cashing $20K in political donations

Liberals approve Corner Brook paper mill pension deal, after cashing $20K in political donations

Liberal cabinet minister Eddie Joyce says that a deal to help Corner Brook Pulp and Paper has nothing to do with $20,000 in political donations to the N.L. Liberal Party from the company in 2016.

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The provincial government announced Sunday evening that it has reached a complicated agreement around the Corner Brook Pulp and Paper pension plan, which will essentially shore up the unfunded liability while using the company's Deer Lake and Watson's Brook hydroelectric power plant as collateral.

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Source: The Telegram

 
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