VANCOUVER - A British Columbia Supreme Court judge has approved a settlement agreement between the owners of the Northern Pulp mill and the Nova Scotia government. Read this article for free: Already have an account? To continue reading, please subscribe: * VANCOUVER - A British Columbia Supreme Court judge has approved a settlement agreement between the owners of the Northern Pulp mill and the Nova Scotia government. Read unlimited articles for free today: Already have an account? VANCOUVER – A British Columbia Supreme Court judge has approved a settlement agreement between the owners of the Northern Pulp mill and the Nova Scotia government.
The agreement is the result of a court-ordered mediation that began in April 2022 as part of the company’s creditor protection proceedings. Under the deal approved during a hearing today by Justice Shelley Fitzpatrick, mill owner Paper Excellence has withdrawn a $450-million lawsuit against the province and will abandon plans to reopen its idled Pictou County, N.S.
, operation. The B.C.
-based company has also agreed to begin a feasibility study for a potential new kraft pulp mill near Liverpool, N.S. Northern Pulp closed mill operations in 2020 after it failed to meet the province’s environmental requirements for a new effluent treatment plant.
Monday mornings The latest local business news and a lookahead to the coming week. The Liberal government at the time said the mill could no longer dump its waste into Boat Harbour near the P.
