Union hopes Northern Pulp 'will do the right thing' and make pension payment

The Northern Pulp mill in Abercrombie Point. More than 300 people lost their jobs when pulp production at the Pictou County mill ceased on Jan. 12, 2020. (Andrew Vaughan/The Canadian Press)

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The union representing laid-off Northern Pulp workers says its members are "very nervous" but hopeful the Nova Scotia mill will pay nearly $3.7 million to cover a deficit in pension plans, including $342,000 due next month.

Last month, Northern Pulp disclosed in court creditor protection proceedings that the special pension payments are not part of its revised forecast for late 2020, 2021 and 2022.

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Source: CBC News

 

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