Paper industry fearful of new US 'subsidy'

New multi-billion dollar subsidy to pick up where ''black liquor'' left off.

Published October 14, 2009

The sun will set on Washington's controversial black liquor subsidies this New Year's Eve, putting to rest a tax credit that has been blamed for putting several struggling Canadian pulp mills out of business. But if industry fears are correct, a new multi-billion dollar bio-energy tax credit to the US forest products industry means Canadian mills will continue to face heavily subsidized American competition right...

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