Some good news for Catalyst Paper and other Pulp/Paper Manufacturers in BC! The Government and the BC Chamber of Commerce both announced yesterday that a new Power Smart Initiative aimed at long-term cost reduction has been achieved. The program allows for up to 75% cost recovery by the various mills thus enabling them to improve systems, and reduce operating costs along the way. We see this as a significant step toward industry longevitiy in our communities. More savings equals more employment, more stability and general economic health of communities.
