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Kapuskasing Paper mill closure will be a hit to Ontario Northland's revenues
['Jennifer Hamilton-Mccharles']
North Bay Nugget
It’s unclear just how much impact the closure of Kap Paper will have on Ontario Northland.
According to the Federation of northern Ontario Municipalities (FONOM), Kap Paper contributes $74 million annually to Ontario, while also supporting 30 per cent of Ontario Northland Transportation Commission’s (ONTC) revenue.
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Article contentHowever, the ONTC said Kap Paper represents four per cent of ONTC’s operating revenues.
“Kapuskasing Paper represented approximately four per cent of Ontario Northland’s total operating revenues last year.