Federal Government Announces $20M For Mercer Peace River Pulp Ltd. Mill Modernization

Alberta pulp mill under pressure from Trump’s tariffs gets $20M in federal support

A pulp mill in northwestern Alberta is getting a boost of $20 million through the federal government's Regional Tariff Response Initiative. The announcement was made at the mill by a federal minister earlier this week.

Federal Government Announces $20M For Mercer Peace River Pulp Ltd. Mill Modernization

PEACE RIVER — Eleanor Olszewski, Minister of Emergency Management and Community Resilience and Minister responsible for Prairies Economic Development Canada (PrairiesCan), announced a $20 million federal investment to support the modernization of Mercer Peace River Pulp Ltd., reduce production costs and strengthen the mill’s competitiveness in changing global markets. The investment is meant to support upgrades to the mill’s facilities and equip…

Mercer International Inc. Announces C$20 Million (Approximately US$14 Million) in Government of Canada Support for its Peace River Mill

NEW YORK, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Mercer International Inc. (“Mercer” or the “Company”) (Nasdaq: MERC), a global forest products company today announced that the Government of Canada, through Prairies Economic Development Canada (“PrairiesCan”), has committed C$20 million (approximately…

Mercer Stock Erases 60% Premarket Surge as $14 Million Mill Aid Meets Debt Risk

NEW YORK, August 27, 2026, 09:34 (EDT) Mercer traded 59.8% higher at 66 cents shortly before Thursday's opening bell.The shares then fell back toward Wednesday's 41.30-cent close in regular trading.Canada's US$14 million package is 95% repayable and starts amortizing in 2031.Volume reached 56.0 million shares, about 41 times the 65-day average. Mercer International's 60% premarket…