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Corner Brook mill got a lifeline of a loan years ago — but hasn’t made a payment in years [Video]

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Newfoundland and Labrador News

Corner Brook mill got a lifeline of a loan years ago — but hasn’t made a payment in years

In 2014, the Newfoundland and Labrador government approved a $110-million loan to help save the struggling newsprint mill in Corner Brook. That figure is now $117 million, as interest has accumulated. As Terry Roberts reports, Kruger Inc., the parent company of the Corner Brook Pulp and Paper Ltd., will not comment on why.

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