Friday, December 14, 2012

Northern Industrial Rate Extended


The Provincial Government is extending it's Northern Industrial Electricity Rate.  The program will now be available for another three years and will provide a lower costing electricity rate to mining and forest industry companies.  Resolute Forest Products Spokesperson Roger Barber says things would be grim for his company if the Province didn't decide to extend the program.  The province is putting 360 million dollars into the three year program.