US EditionIrving Paper closing half of operations over N.B.'s 'uncompetitive' electricity rates
- Irving Paper has permanently closed 50 percent of its operations due to New Brunswick's 'uncompetitive' industrial electricity rates, impacting 140 employees immediately.
- Vice-President Mark Mosher stated that the decision was necessary for the company's long-term sustainability amidst soaring electricity costs.
- Irving Paper continues to seek a plan with the provincial government to maintain the remaining operations before an electricity rate increase on April 1, 2025.
- N.B. Power spokesperson Dominique Couture mentioned they are working with Irving Paper to explore options for reducing rate pressure on customers.
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17 Articles
17 Articles
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Center
4
Right
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Coverage Details
Total News Sources17
Leaning Left2Leaning Right3Center4Last UpdatedBias Distribution44% Center
Bias Distribution
- 44% of the sources are Center
44% Center
L 22%
C 44%
R 33%
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