Tuesday, February 4, 2014

Domtar Upset By Dryden Tax Hike

Domtar says it's extremely disappointed with Dryden's decision to raise the large industrial tax rate by 134-percent.

Council made the decision after the mill assessment went from 41.8-million in 2013 to 15.4-million in 2014.

Domtar Spokesperson Bonnie Skene says the assessed value of the mill dropped significantly because about two-thirds of the operation was closed.

Skene says they continue to employ 330 people at the Mill and another 400 in the bush.