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Ottawa provides $12 million “exceptional” bailout to Ontario paper mill

The Carney government will provide a $12 million “exceptional one-time” loan to a northern Ontario paper mill to prevent its closure and subsidize operations.

Quinn Patrick
Oct 20, 2025
∙ Paid
Source: Facebook

The Carney government will provide a $12 million “exceptional one-time” loan to a northern Ontario paper mill to prevent its closure and subsidize operations.

Kap Paper, located in Kapuskasing, said it would be forced to halt operations unless the federal government provided immediate financial support to continue employing its roughly 42…

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