Port Hawkesbury Paper says it shouldn't have to pay for Nova Scotia Power bailout

Mill questions fairness of charges related to bailout, asks regulator to weigh in

CBC NewsTaryn Grant

Nova Scotia Power's largest industrial customer says it shouldn't be responsible for paying down any part of a $500-million federal bailout of the utility.

Port Hawkesbury Paper filed an application with the Nova Scotia Utility and Review Board this month asking for clarity on its role in repaying the federally backed loan and associated costs.

"It would be unfair, unduly discriminatory and seriously adverse to PHP [Port Hawkesbury Paper] to require PHP to pay additional future costs," the compan…

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Read the full story on the CBC website

Port Hawkesbury Paper says it shouldn't have to pay for Nova Scotia Power bailout

SOURCE www.cbc.ca

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https://halifax.lokol.me/s/port-hawkesbury-paper-says-it-shouldnt-have-to-pay-for-nova-scotia-power-bailout-68948-10041025
CBC NewsTaryn Grant, Posted: Dec 09, 2024 5:00 AM EST | Last Updated: 2 minutes ago
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