Ottawa says it will keep working to help save a northern Ontario paper mill that cited a lack of immediate federal support as it announced this week it was forced to idle operations.
Industry Minister Melanie Joly’s office says it had “come to the table” with federal supports for Kap Paper in Kapuskasing, Ont., which directly employs about 420 people and supports 2,500 jobs in the region.
It says the federal government has been working directly with the struggling company, citing support offered through the Strategic Innovation Fund and targeted programs.
Kap Paper said on Monday that it had received $50 million in loans from the Ontario government and had approached Ottawa for funding, but despite “initial positive responses,” there was no immediate solution to keep the paper mill open….