Monday, April 15, 2013

MODL: Funding Helps Alleviate Lost Revenue From Mill Closure

The province is offering more financial assistance to the South Shore to help it cope with the closure last year of the Bowater paper mill. The Municipality of Lunenburg is getting $90,000 to cover part of the cost of upgrading its financial and information technology systems. Lunenburg West MLA Gary Ramey says the funding reflects the estimated lost tax revenue resulting from the mill closure in June 2012.



Mayor Don Downe says the money helps them move forward.



Downe says the money allows them to spend more attention on other projects and helps keep the tax rate where it is. The province committed $500,000 last week to cover the municipal portion of bills associated with renovating Queens General Hospital in Liverpool.