On August 26, 2026, Mercer International Inc. announced that the Government of Canada committed CDN$20 million (approximately US$14 million) in financial support to its subsidiary, Mercer Peace River Pulp Ltd., under the Regional Tariff Response Initiative. The funding consists of a CDN$1 million non-repayable contribution and a CDN$19 million repayable contribution with repayment commencing in 2031. This capital supports the mill's transformation plan, including productivity improvements and expansion of bio-energy production and carbon capture capabilities. Mercer International Inc. is a global forest products company producing pulp, lumber, and biofuels.
