Massive Tax Increase Major Setback For Domtar

Domtar says it’s extremely disappointed with Dryden’s decision to raise the large industrial tax rate by 134%.
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 and 600-jobs were axed.
Skene says they are trying to compete with other mills and their challenge is doing so in a cost effective manner.
She stresses they see the massive increase as a “serious competitive disadvantage”.
Skene adds it’s a key setback.
Skene says they continue to employee 330-people at the Mill and another 400 in the bush.