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NS: NewPage mill expecting big decision this morning

A locked gate frames up the scale house at the NewPage mill in Point Tupper in this file photo. Steve Wadden - Cape Breton Post

A locked gate frames up the scale house at the NewPage mill in Point Tupper in this file photo.

Published on August 20, 2012
Nova Scotia
Published on August 20, 2012

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By The Canadian Press

The Nova Scotia Utility and Review Board's approval of an application by Pacific West Commercial and Nova Scotia Power is seen as critical by the company to get the shuttered paper mill up and running.

Topics :
Nova Scotia Utility and Review Board , Pacific West Commercial , Nova Scotia Power , Cape Breton , Port Hawkesbury

[HALIFAX, NS] — A decision on a proposed power rate arrangement for an idle paper mill in Cape Breton is expected this morning.

The Nova Scotia Utility and Review Board's decision on an application by Pacific West Commercial and Nova Scotia Power is seen as critical by the company to get the shuttered paper mill up and running.

The decision will be posted on the regulator's website.

Pacific West offered to buy the NewPage Port Hawkesbury mill for $33 million and it wants operations to resume next month.

If the power rate arrangement is approved, Pacific West still needs a ruling from the Canada Revenue Agency before the deal is finalized.

Premier Darrell Dexter is also expected to be in Port Hawkesbury today for an unrelated announcement regarding the mill.

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