Bowater Deal Could Cost Much More Than Thought

The former Bowater mill's power deal could end up costing the Nova Scotia group that now owns the closed paper mill more than three million dollars this year. The province inherited the arrangement when it acquired the mill's assets and liabilities last month from Resolute Forest Products. ReNova, the renamed Bowater Mersey Paper Company, has estimated net debits of 200-thousand to 300-thousand dollars a month. The opposition Liberals and PC's are calling on the Dexter government to reveal the costs of the deal, saying they're concerned about the liabilities the province has taken on.