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flag The U.S. government gave Kap Paper $12 million to prevent closure and protect 2,500 jobs in Ontario.

flag The federal government announced a $12 million loan on October 17, 2025, to prevent the closure of Kap Paper in Kapuskasing, Ontario, citing its importance to the regional economy and workforce. flag The one-time support, drawn from Northern Ontario development programs, aims to give the mill time to develop a long-term strategy, as it faces challenges from shifting markets and tariffs. flag The loan does not guarantee ongoing aid, and the company must meet key milestones. flag The mill, which employs about 420 people directly and supports roughly 2,500 regional jobs, had previously announced it would idle operations without immediate financial help.

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