Resolute Forest Products

Resolute Forest Products: More often than not, the money is only a temporary fix at best and, in the end, isnt enough to paper over major flaws in the business case, according to The Chronicle Herald. The former NDP government in Nova Scotia found this out when Resolute Forest Products handed back a $25-million carrot it was offered in exchange for keeping the old Bowater Mersey paper mill operating. It turns out the company couldnt justify taking the money, knowing it would only be a short reprieve and Some may say governments providing incentives to faltering companies or those involved in fading industries is a naive way of dealing with a changing world. Though the old tried-and-true government inducement sometimes works, lately it seems that even millions of dollars worth of enticement isnt enough to stop a business from closing up shop. (www.immigrantscanada.com). As reported in the news.