Ontario to provide GreenFirst Forest Products with C$400,000 to restart, upgrade and increase production at newsprint mill in Kapuskasing; funding will also create 45 permanent jobs at mill, which company acquired from Rayonier Advanced Materials in 2021

Sample article from our Government & Public Policy

LOS ANGELES , March 29, 2022 () –

GreenFirst Forest Products Inc. will receive C$400,000 from the Ontario government to upgrade and increase production at its newsprint mill in Kapuskasing, the province’s Ministry of Energy, Northern Development and Mines announced on March 29.

The funds will be used to upgrade the site’s operations and create 45 permanent jobs at the mill, which Green First acquired from Rayonier Advanced Materials in 2021 along with other forest products assets. 

GreenFirst Chairman Paul Rivett said in the government's press release that the COVID-19 pandemic had upended the North American/global newsprint markets, and that the funding would "assist in the restart of the curtailed paper machine allowing for increased production and stable jobs in Kapuskasing."

The mill’s latest infusion of funds is part of a larger C$3.4 million investment plan from the Northern Ontario Heritage Fund Corporation (NOHFC) to foster economic development in Kapuskasing. In 2021, the provincial government established new programs at NOHFC to economically support rural communities. 

The primary sources for this article is a press release from the Government of Ontario, Toronto, on March 29, 2022, and Industry Intelligence archives. To read the original press release, click here

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

See our dashboard in action - schedule an demo
Jason Irving
Jason Irving
- SVP Enterprise Solutions -

We offer built-to-order government & public policy coverage for our clients. Contact us for a free consultation.

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.