The province's deal with Pacific West Commercial Corp. to open the former NewPage paper mill is, once again, going forward, said Premier Darrell Dexter in a press conference Saturday evening.
The premier said the new agreement is a better deal for Nova Scotians.
"The bottom line is that under this new agreement, the total amount the province will contribute to support the workers, families and businesses throughout the Strait should be repaid in as early as 12 years and the province will have earned about $150 million in tax revenue," said Dexter.
Dexter said under this new agreement, all of the investments the province agreed to support will be paid in full.
More to come