Monday, December 17, 2012

Big Industry Continue To Enjoy Break On Electricity Rate

The provincial government is extending it's Northern Industrial Electricity Rate for another three years.

The program provides a lower costing electricity rate to mining and forest industry companies.

Roger Barber of Resolute Forest Products says things would be grim for his company if the Province didn't extend the program.

The program providing $360-million to keep the program in place for another three years.