ESPANOLA, ON, Sept. 15, 2014 /CNW Telbec/ – The Corporation of the Town of Espanola and Domtar Inc. are pleased to announce that an agreement has been reached resolving outstanding tax matters.
“We are relieved to arrive at a resolution with Domtar Inc.,” says Mayor Mike Lehoux, “This agreement will help to stabilize taxation and contribute to an economic, social and cultural climate conducive to growth.”
“We are pleased to have reached this important agreement with the Town,” said Scott Mosher, general manager of the Espanola pulp and paper mill. “We believe it is in our mutual interest to ensure a sustainable mill operation in Espanola and contribute to a sustainable community, and we believe this agreement accomplishes these objectives.”
The agreement settles outstanding matters with respect to the mill’s assessed value from 2009-2016 and industrial tax rates from 2013-2016.
