Wednesday, February 01, 2006

More money pissed away at Meadow Lake Pulp Mill

Court documents obtained by the CBC say the Saskatchewan government loaned another $15,000,000 over the Christmas to keep the Meadow Lake Pulp mill open. This loan happened while the mill was filing court documents seeking protection from its creditors.

The document shows that since 1990 taxpayers have lost $804 million. The current value of the mill is described as "nil."

Small Dead Animals