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5 Jan 2024

Hundreds out of work in Terrace Bay, Ont., after pulp mill idles operations

Author: admintech | Filed under: Finance/ Money
An employee loads logs at Ledwidge Lumber Co. in Halifax in 2017 to be shipped to pulp and paper mills for processing.

The Terrace Bay Pulp Mill is temporarily shutting down with no opening date in sight. As the northwestern Ontario community braces for the potential loss of its biggest employer, the mayor and union say they’re not giving up hope. An industry specialist says such shutdowns could eventually drive up the cost of everyday paper products.