Home News Industry News Province moves to protect pension money at Catalyst Paper

Province moves to protect pension money at Catalyst Paper

The B.C. government moved Friday to protect pension benefits of salaried retirees and workers at Catalyst Paper in case the company is forced to take drastic action in the face of steep U.S. tariffs.

The government has changed pension-relief regulations so that Catalyst would be required to immediately cover any pension shortfall if the company closes or sells mills at Port Alberni, Crofton and Powell River.

Read more...

Source: Times Colonist

 
paptac-portal
subscription-enewsletter
access-enewsletters
nalco banner
kadant banner
fpinnovations banner
Cristini Banner

Precision Roll Grinders

PaperWeek Banner
fpinnovations banner
buckman banner
New Job Postings
New Job Postings
New Job Postings
Paper Advance Banner