The Corporation of the Town of Espanola, Ont., Canada, and Domtar Inc., Montreal, Que., Canada, report that they have reached an agreement resolving outstanding tax matters. The agreement settles outstanding matters with respect to the Espanola mill's assessed value from 2009-2016 and industrial tax rates from 2013-2016. 

 

"We are relieved to arrive at a resolution with Domtar Inc.," said Mayor Mike Lehoux. "This agreement will help to stabilize taxation and contribute to an economic, social, and cultural climate conducive to growth." 

Scott Mosher, GM of the Espanola pulp and paper mill, said that "we are pleased to have reached this important agreement with the Town. 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."