Title:
Voyager - Espanola Mill Revitalization Project
Agreement Value:
$28,750,000.00
Agreement Date:
Nov 27, 2019 - Jan 1, 2039
Description:
The project will involve commercializing its new Stealth Fiber Technology, which will produce stronger paper and allow for the production of innovative products that could replace single-use plastics when it comes to, for example, medical packaging and food wrap.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:
This investment will increase its competitiveness in the global market, reduce waste from production, and reduce greenhouse gas emissions by 48,000 tonnes annually at the Espanola Mill—the equivalent of removing 16,000 cars from our roads.
Location:
Montréal, Quebec, CA H3A 1L6
Reference Number:
033-2019-2020-Q3-814487
Agreement Type:
Other transfer payment
Report Type:
Grants and Contributions
Recipient Business Number:
101438984
Additional Information:
The Strategic Innovation Fund contribution agreement was terminated upon mutual agreement on May 9, 2024. As part of the termination agreement, Domtar Inc. will repay the Crown the total amount disbursed totalling $6,838,347.
Amendment Date
May 9, 2024
Recipient's Operating Name:
Domtar Inc.
Recipient's Legal Name:
Domtar Inc.
Federal Riding Name:
Ville-Marie--Le Sud-Ouest--Île-des-Sœurs
Federal Riding Number:
24077
Program:
SIF Stream 2 - Growth
Program Purpose:
Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services;-Facilitate the growth and expansion of firms in Canada;-Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.