In the December 11, 2014 edition of the Herald a brief timeline of the Prince Albert Pulp Mill was highlighted. Although it omitted mentioning the ill fated give away of the mill to Weyerhaeuser by Grant Devine in 1986, the most glaring omission was the cancelling of the agreement with Domtar to restart the mill in 2007 by the newly elected Wall government. There is no doubt that the Pulp Mill would be fully operational today if that agreement hadn't been torn up by Wall and company. Their stated reason fordoing so was that they didn't want any tax dollars aiding the restart of the mill. In reality, the main reason was purely ideological-- they didn't want to follow through with an agreement that the previous NDP government had reached with Domtar.
If there is any rebuttal to this article it will most likely be from Darryl Hickie trotting out the tired party line that it would have cost $100 million of taxpayer money to restart the mill. The truth is that less than half that amount was slated to go to the actual pulp mill, with taxpayers retaining a 10 per cent equity stake. That equity position would have repaid the initial taxpayer investment within three years of starting up the mill (using prevailing pulp prices and operational costs at the time). Any subsequent profits would have paid dividends to the provincial treasury.
The biggest unanswered question is this: Why didn't the Wall government negotiate their own…