Mercer International Announces That The Government Of Canada Has Committed C$20M In Financial Support To Its Subsidiary, Mercer Peace River Pulp, Under The Regional Tariff Response Initiative
Mercer International Inc. ("Mercer" or the "Company") (NASDAQ:MERC), a global forest products company today announced that the Government of Canada, through Prairies Economic Development Canada
Canada's government is giving Mercer's pulp mill $20 million to help it compete better. This shows the government thinks the company is important and wants to support it, which is a positive sign for the business.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.