Irving Paper closing half of operations over N.B.'s 'uncompetitive' electricity rates

financialpost.com/news/irving-paper-closing-half-operations-nb-energy-rates

SAINT JOHN, N.B. — Irving Paper Ltd. says it will permanently close half of its operations because New Brunswick’s industrial electricity rates are “uncompetitive.”
The Saint John manufacturer of paper used for magazines, catalogues and newsprint says it is cutting 140 jobs effective…

This story appeared on financialpost.com, 2025-02-24 21:04:05.
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