News release

Legislation Amends Taxation Agreement for Port Hawkesbury Paper Mill

Updated legislation will formalize the tax agreement between the Municipality of the County of Richmond and the Port Hawkesbury paper mill that helped support 1,400 good jobs for families in the Strait region.

At the request of the municipality, Service Nova Scotia and Municipal Relations Minister John MacDonell introduced amendments to the Richmond Stora Enso Taxation Act today, Nov. 29.

"The residents of Port Hawkesbury want to be able to continue to live, work and raise a family in their community," said Mr. MacDonell. "We are pleased the mill is back in operation and this legislation helps ensure good jobs remain in rural Nova Scotia and workers in the Strait region are able to be back at work."

Under the taxation agreement put forward by the municipality, the taxes for 2012-13 will remain at $2.6 million, with NewPage and Port Hawkesbury Paper GP Ltd. (PHP) each paying $1.3 million. As of April 1, 2013, PHP will pay $1.3 million in taxes for three years. The legislation will expire March 31, 2016.

"Richmond County is proud of the role it played getting this project across the finish line," said Steve Sampson, Warden, Municipality of the County of Richmond. "We're grateful to the plant workers, truckers, woodlot owners, municipal neighbors, and the province in ensuring that the mill will continue to make paper."

Through jobsHere the province is making investments that are helping Nova Scotia businesses grow the economy, maintain jobs and remain competitive.

FOR BROADCAST USE:

Updated legislation will formalize the tax agreement between the Municipality of the County of Richmond and the Port Hawkesbury paper mill that helped support 1,400 good jobs for families in the Strait region.

Service Nova Scotia and Municipal Relations Minister John MacDonell introduced amendments to the Richmond Stora Enso Taxation Act today (November 29th).

Mr. MacDonell says the government is pleased the mill is back in operation and this legislation is helping ensure good jobs remain in rural Nova Scotia and workers in the Strait region are back at work.

Taxes for 2012-13 will be 2-point-6-million dollars, with NewPage and Port Hawkesbury Paper GP Limited each paying 1-point- 3 million dollar. The new taxation agreement will see the new operator pay 1-point-3 million dollars per year beginning April 1, 2013 through March 31, 2016.

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Media Contact:

Susan Mader Zinck
Service Nova Scotia and Municipal Relations 902-722-1461 E-mail: