Ottawa Steps In to Save Kap Paper Mill, 2,500 Jobs at Stake
Ottawa is working to help save a northern Ontario paper mill, Kap Paper in Kapuskasing, that has idled operations due to lack of immediate federal support. The mill directly employs about 420 people and supports 2,500 jobs near me in the region.
The mill's closure has been a complex issue, with many communities in northern Ontario struggling with similar situations in recent years. While the federal government offers general programs like the Regional Economic Growth through Innovation (REGI) and the Canada Emergency Wage Subsidy (CEWS), there's no publicly known specific support for Kap Paper. Industry Minister Melanie Joly's office is working with the company to explore options for resuming operations. The provincial government has expressed disappointment with the federal government's lack of immediate support, having pushed for federal involvement in supporting Canadian forestry jobs. Kap Paper received $50 million in loans from the Ontario government but sought further federal funding to keep the mill open.
The future of Kap Paper remains uncertain, with no specific federal support announced. Both federal and provincial governments are engaged in discussions to find a solution. The mill's closure impacts not only the direct employees but also the entire region, with around 2,500 jobs near me at stake.
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