Manitoba town offers paper mill giant tax break if it delays closure
THE PAS, Man. — Town officials in The Pas in northern Manitoba are offering Tolko Industries a massive tax break in hopes it will delay the closure of its paper mill.
The company announced last month they would close up shop on Dec. 2 and lay off 300 workers because the mill is no longer financially sustainable.
Mayor Jim Scott says Tolko leaving would cripple the town’s economy.
But he says he’s found a temporary solution by offering them a tax break of $840,000 a year for three years.