The provincial government has identified a potential buyer for the Tolko Industries kraft paper mill in The Pas and approved a new regulation aimed at helping secure the deal.
Tolko announced in August it planned to close the mill by Dec. 2, throwing more than 300 people out of work.
Tolko confirmed last month it had received a letter of intent to purchase the mill. The potential buyer has now been positively identified as American Industrial Acquisition Corporation (AIAC). read more >>