Mercer attends PrairiesCan minister visit as Canada commits C$20 million support for Peace River mill
MERC•Support package and repayment terms
The package includes CAD 1 million in non-repayable support and CAD 19 million in repayable support. Repayments start in 2031.
Capital to support modernization plan
The capital targets a mill modernization plan, with upgrades tied to productivity, bio-energy expansion, carbon capture and storage.
Federal funding announcement at Peace River mill
Mercer attended a federal funding announcement at its Peace River mill in northern Alberta.
PrairiesCan committed CAD 20 million to Mercer Peace River Pulp under the Regional Tariff Response Initiative.
