Mercer attends PrairiesCan minister visit as Canada commits C$20 million support for Peace River mill
Reuters2026/08/26 20:45- Mercer attended a federal funding announcement at its Peace River mill in northern Alberta.
- PrairiesCan committed CAD 20 million to Mercer Peace River Pulp under the Regional Tariff Response Initiative.
- Package includes CAD 1 million non-repayable support, CAD 19 million repayable support; repayments start in 2031.
- Capital targets a mill modernization plan, with upgrades tied to productivity, bio-energy expansion, carbon capture and storage.
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