News Archive: November 2016

Alleged Subsidies to Catalyst Paper Preliminarily Found to be Negligible and Non-countervailable by U.S. Department of Commerce

Monday, November 21, 2016

Richmond, (BC) – Catalyst Paper Corporation (TSX:CYT) today announced that the U.S. Department of Commerce (DOC) issued Preliminary Results in its expedited review of Catalyst, finding that Catalyst received a negligible (de minimis) amount of subsidies during the applicable period of review and therefore, subject to confirmation in the DOC’s Final Results, Catalyst’s exports of supercalendered paper (SC) into the U.S. market would not be subject to countervailing duties.

Catalyst reports significantly improved operating results for the third quarter

Tuesday, November 8, 2016

Richmond, (BC) – Catalyst Paper Corporation (TSX:CYT) today reported significantly improved operating results for the quarter ended September 30, 2016 despite a non-cash impairment write-down of $186.4 million on fixed assets at our Powell River, Port Alberni and Crofton paper mills resulting in a $185.0 million net loss in the quarter.

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