A win-win for Paper Excellence, a lose-lose for Nova Scotians

British Columbia Supreme Court Justice Shelley Fitzpatrick has now approved the settlement agreement between Nova Scotia and Paper Excellence, owner of Northern Pulp. The settlement, at least according to Premier Tim Houston, “sets a new path forward.” The Pictou County mill won’t be re-opening. And according to the settlement, if Paper Excellence decides after a […]

Halifax Examiner
Judge approves settlement agreement for Nova Scotia’s Northern Pulp mill
Paper Excellence has withdrawn a $450-million lawsuit against the province and will abandon plans to reopen its idled Pictou County, N.S., operation.
#globalnews #Canada #NorthernPulpMill #PaperExcellence #PictouLandingFirstNation
https://globalnews.ca/news/10537751/judge-approves-settlement-nova-scotia-northern-pulp/
Judge approves settlement agreement for Nova Scotia’s Northern Pulp mill

Paper Excellence has withdrawn a $450-million lawsuit against the province and will abandon plans to reopen its idled Pictou County, N.S., operation.

Global News
Judge approves settlement agreement for Nova Scotia’s Northern Pulp mill
Paper Excellence has withdrawn a $450-million lawsuit against the province and will abandon plans to reopen its idled Pictou County, N.S., operation.
#globalnews #Canada #NorthernPulpMill #PaperExcellence #PictouLandingFirstNation
https://globalnews.ca/news/10537751/judge-approves-settlement-nova-scotia-northern-pulp/
Judge approves settlement agreement for Nova Scotia’s Northern Pulp mill

Paper Excellence has withdrawn a $450-million lawsuit against the province and will abandon plans to reopen its idled Pictou County, N.S., operation.

Global News
Judge approves settlement agreement for Nova Scotia’s Northern Pulp mill
Paper Excellence has withdrawn a $450-million lawsuit against the province and will abandon plans to reopen its idled Pictou County, N.S., operation.
#globalnews #Canada #NorthernPulpMill #PaperExcellence #PictouLandingFirstNation
https://globalnews.ca/news/10537751/judge-approves-settlement-nova-scotia-northern-pulp/
Judge approves settlement agreement for Nova Scotia’s Northern Pulp mill

Paper Excellence has withdrawn a $450-million lawsuit against the province and will abandon plans to reopen its idled Pictou County, N.S., operation.

Global News

#PaperExcellence #Canada announced that it's reached a #settlement with the #NovaScotia government, that acknowledges plans to transform & reopen #NorthernPulp Nova Scotia in #Pictou won't proceed & provides for a review process agreed between Northern Pulp & Province of Nova Scotia that is aimed to determine whether a new, modern mill in #NovaScotia is viable.
https://www.lesprom.com/en/news/Paper_Excellence_Canada_and_Nova_Scotia_reach_settlement_Pictou_mill_will_not_reopen_113365/

Related:
Paper Excellence settlement: The deal with the devil has been refinanced.
https://www.halifaxexaminer.ca/morning-file/paper-excellence-settlement-the-deal-with-the-devil-has-been-refinanced/

Paper Excellence Canada and Nova Scotia reach settlement, Pictou mill will not reopen

Paper Excellence Canada will work in close consultation with the Province of Nova Scotia (Canada) in undertaking a feasibility study to determine whether a viable business case exists to open a new mill there.

Lesprom Network

Paper Excellence settlement: The deal with the devil has been refinanced
Also: Housing Accelerator Fund; Cogswell construction
https://www.halifaxexaminer.ca/morning-file/paper-excellence-settlement-the-deal-with-the-devil-has-been-refinanced/

Morning File by @TimBousquet
#NovaScotia #paperexcellence #news

Paper Excellence settlement: The deal with the devil has been refinanced

Beelzebub wasn’t going to just walk away.

Halifax Examiner

#PaperExcellence has hired McMillan at least six times over the last six years to advise on more than $6 billion US in transactions, including its takeovers of #forestry companies #CatalystPaper, #Domtar & #ResoluteForestProducts. It also represented a Paper Excellence subsidiary in a dispute with CN Rail.

Multiple #legal #ethics experts said they felt the FSC's decision to hire McMillan was problematic.

https://www.cbc.ca/amp/1.7207210

#ConflictOfInterest #Deforestation #BCpoli #Ecocide #CDNpoli

Critics slam review of Canadian forestry giant's sustainability credentials, asserting conflict of interest

Canadian forestry giant Paper Excellence won't have its sustainability certification revoked by the world's premier forestry credentialing body after a review — a process critics and experts say appears to have been rife with conflicts of interest and far from independent.

CBC
Critics slam review of Canadian forestry giant's sustainability credentials, asserting conflict of interest

Canadian forestry giant Paper Excellence won't have its sustainability certification revoked by the world's premier forestry credentialing body after a review — a process critics and experts say appears to have been rife with conflicts of interest and far from independent.

CBC

#Canadian parliament launched probe into #PaperExcellence after #ICIJ#DeforestationInc #investigation revealed ties between #BritishColumbia company & #AsiaPulpAndPaper #Chinese #Indonesian #ForestryCompany - accused of #deforestation & #HumanRightsAbuses .
Govt seek to clarify ownership of Paper Excellence & asked Jackson Wijaya - supposed sole owner to attend #CommitteeOnNaturalResources meeting.
Wijaya, member of Indonesia’s powerful #Widjaja family, didn’t show.

https://www.icij.org/investigations/deforestation-inc/government-probe-into-canadian-forestry-giant-intensifies-as-companys-owner-evades-public-scrutiny

Government probe into Canadian forestry giant intensifies as company’s owner evades public scrutiny - ICIJ

Paper Excellence claims to be owned by one individual. But as questions swirl about his whereabouts, Canadian lawmakers weigh their options.

ICIJ
B.C. forestry company said it had links to Asian conglomerate until 2015

Canada's largest forestry company denies current links with global giant Asia Pulp and Paper.

Vancouver Is Awesome