'Devastating': Powell River paper mill shuts down, 200 jobs affected
More than 200 mill workers in Powell River, B.C., are out of a job Wednesday after Paper Excellence announced the indefinite end of operations at its Catalyst Paper tiskwat mill.
The B.C.-based pulp and paper company says the global contraction of paper markets and the collapse of paper prices created ongoing financial losses at the Powell River mill.
"Despite the best efforts of the mill’s committed team of employees, the facility is simply not viable under the reality of today’s market conditions," Paper Excellence said in a statement Wednesday.
The company had previously announced a temporary curtailment of operations at the mill starting on Nov. 22 with a potential restart in the new year.
The company says 206 employees are affected by the closure.
"Where possible, the company plans to offer relocation or secondment opportunities to other Paper Excellence facilities across B.C. where there are currently job vacancies," the company said.
Paper Excellence operates mills in Crofton and Port Alberni.
'DEVASTATING' FOR THE COMMUNITY
In a statement Wednesday, B.C. Forests Minister Katrine Conroy called the curtailment announcement "devastating for the 206 people who work at a mill, their families and the Powell River community."
“Our government has worked tirelessly with Paper Excellence to keep this operation running and it was our hope that the temporary curtailment announced two weeks ago would have been just that," Conroy said.
“Our government is committed to supporting impacted workers through skills training, short-term employment opportunities, and employment assistance and support," the minister added. "Separately, my colleagues and I will continue to meet with industry leaders to discuss future economic development opportunities at the site."
The company says it will safeguard the Powell River site and its equipment, removing all fibre and chemicals from the site to eliminate environmental risks. "A small team of employees will continue to provide around the clock security and monitoring," the company added.
Paper Excellence says it is engaged with governments and potential partners to find new opportunities for the facility, given its unique access to deep water, natural gas, electricity and power-generating capacity.
"It is Paper Excellence’s long-term goal that the site continues to provide meaningful employment and economic activity in Powell River," the company said.
CTVNews.ca Top Stories
For the first time in report's history, Canada's air quality worse than U.S.
Air quality in Canada is now worse than in the U.S., according to the 6th Annual World Air Quality Report. Of the 15 most polluted cities in the two countries, 14 were in Canada.
A newspaper says video of Prince William and Kate should halt royal rumour mill. That's a tall order
Prince William and his wife Catherine have been filmed at a farm shop near their Windsor home, The Sun newspaper reported -- the first footage of Kate since she had abdominal surgery for an unspecified condition two months ago.
WATCH LIVE As former prime minister Mulroney lies in state, public tributes in Ottawa begin
Members of the public who wish to pay tribute to Brian Mulroney can visit his casket in Ottawa starting this afternoon.
BREAKING Roy McMurtry, former Ontario attorney general, dies at 91
CTV News has confirmed that former Ontario attorney general Roy McMurtry has died.
Hertz CEO out following electric car 'horror show'
The company, which announced in January it was selling 20,000 of the electric vehicles in its fleet, or about a third of the EVs it owned, is now replacing the CEO who helped build up that fleet, giving it the company’s fifth boss in just four years.
'You ask for your money, they disappear': Ontario man loses $17K to AI crypto scam
A Toronto man is spreading the word of a cryptocurrency scam that lures victims using AI-generated news sites after he lost $17,000 in investments.
DEVELOPING Canada's annual inflation rate ticked down to 2.8 per cent in February, defying expectations
Statistics Canada says the annual inflation rate edged down to 2.8 per cent in February.
High thoughts: The habits of Canadian cannabis users are revealed in a new StatCan report
Statistics Canada has conducted a series of surveys to measure the impacts of legalized cannabis since the Cannabis Act took effect in 2018. The latest one, the 2023 National Cannabis Survey, sheds light on users' preferences and habits last year.
Demand soars for solar eclipse glasses in Canada. Are they worth buying?
The demand for total solar eclipse glasses used to safely view the rare celestial event has been ramping up as sellers, along with astronomy and eye-care experts in Canada, warn that viewing the eclipse with the naked eye is dangerous.