Tax break on power proposed for Catalyst Paper in Crofton, BC

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Tax break on power proposed for Catalyst Paper in Crofton, BC

February 16, 2017 - 21:27
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CROFTON, BC, Feb. 16, 2017 (Local News) -North Cowichan has joined eight other municipalities from across B.C. who are asking the province to exempt some of their major industrial users of electricity, including Crofton’s Catalyst pulp and paper mill, from the provincial sales tax.

The PST exemption was recently recommended to government by the BC Commission on Tax Competitiveness in the 2017 provincial budget.

The mayors are stating that the PST exemption would help protect and support forestry jobs, especially in communities hosting electricity-intensive mills, like the Crofton mill which employs more than 600 people. The mill manufactures pulp, paper and value-added wood products.

Cowichan Valley Citizen - Tax break on power proposed for Catalyst

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