Tuesday, March 15, 2011

AbitibiBowater gets taxpayer funding

AbitibiBowater has signed an agreement with the Ontario Power Authority that will see them provide clean energy. The company is increasing its electricity generation capacity by 40 megawatts. Company General Manager Doug Murray says 9.6 million dollars comes from the province and it's Forest Prosperity Fund.

The move will create 56 jobs and is expected to be done by 2013.