Halalt First Nation seeks $1.1B in civil suit against Catalyst Paper

VANCOUVER - The Halalt First Nation and its business partners are suing Catalyst Paper (TSX:CYT), alleging that a 59-year-old mill is trespassing and that the company has disclosed sensitive information, despite signing a confidentiality agreement.

See Full Article

The paper and pulp company, based in Richmond, .B.C., says it denies the allegations contained in two separate civil suits and plans to defend itself vigorously.

Among other things, it says the trespassing suit is seeking $2 billion and a permanent order to prevent Catalyst from conducting operations at the Crofton Mill on the southeast coast of Vancouver Island, near Duncan, B.C.

Catalyst says the Halalt First Nation claims the Crofton mill -- operating since 1957 -- interferes with its water and land rights and has caused damage to fisheries and land within the Halalt's territory.

A second suit filed by the Halalt, Sunvault Energy Inc. and Aboriginal Power Corp. seeks $100 million from Catalyst and an order from court to permanently stop Catalyst from building, owning or operating an anaerobic digester facility.



Advertisements

Latest Economic News

  • Asian stocks rise ahead of U.S. interest rate announcement

    Economic CTV News
    BEIJING - Asian stocks were mixed Wednesday following overnight gains on Wall Street as investors looked ahead to a likely U.S. interest rate hike. KEEPING SCORE: The Shanghai Composite Index was unchanged at 3,279.43 while Tokyo's Nikkei 225 lost 0.3 per cent to 22,805.80. Source
  • Air Canada expanding codeshares for 2018 Canada-China Year of Tourism

    Economic CTV News
    MONTREAL - Air Canada (TSX:AC) and Air China Ltd. say they will be expanding their mutual codeshare services in time for the 2018 Canada-China Year of Tourism. Air China will place its code on Air Canada's new daily Montreal-Shanghai flight, as well as Air Canada's flights from Vancouver to Victoria, Kelowna, Saskatoon and Regina. Source
  • Canadian cellular prices declining, mainly for talk and text, report finds

    Economic CBC News
    Prices for cellphone service in Canada came down in the last year, but only if you don't use your cellphone very much. That's one of the major takeaways from a new report looking at telecom services and how they stack up with the rest of the world, and compared to what they used to be. Source
  • TransCanada clashes with pipeline opponents at Nebraska hearing

    Economic CBC News
    Opponents of TransCanada Corp's proposed Keystone XL oil pipeline argued on Tuesday that regulators in Nebraska had no authority to approve the line's "alternative" path through the state and that the project should be considered dead. Source
  • Hydropothecary cannabis expansion plans to put it among top producers in Canada

    Economic CTV News
    GATINEAU, Que. -- Shares of Hydropothecary Corp. were up nearly 18 per cent after the licensed medical cannabis producer announced plans that will see it further grow its operations in Quebec. The company (TSXV:THCX) says it has acquired property adjacent to its existing facility in Gatineau, Que. Source
  • Desjardins, provincial credit unions and Cumis partnering to create Aviso Wealth

    Economic CTV News
    TORONTO -- Quebec credit union Desjardins Group is partnering with five credit union centrals across the country and insurer Cumis Group Ltd. to form Aviso Wealth, with over $55 billion in combined client assets. The new wealth management company will bring together the businesses of their subsidiaries, Credential Financial Inc. Source
  • PepsiCo makes biggest public pre-order of Tesla Semis: 100 trucks

    Economic CBC News
    PepsiCo Inc. has reserved 100 of Tesla Inc.'s new electric Semi trucks, the largest known order of the big rig, as the maker of Mountain Dew soda and Doritos chips seeks to reduce fuel costs and fleet emissions, a company executive said on Tuesday. Source
  • MTY Food Group signs deal to buy Imvescor Restaurant Group for $248 million

    Economic CBC News
    MTY Food Group Inc. is growing beyond the shopping mall food court with a $248-million stock-and-cash deal to buy Imvescor Restaurant Group Inc. and its full-service restaurant and grocery products businesses. The friendly deal will bring together such MTY banners as Thai Express, Vanellis and Manchu Wok with Imvescor's Baton Rouge, Pizza Delight and Scores restaurants to create a company with a portfolio of over 5,700 stores under 75 brands. Source
  • Iceland closes gender gap but violence against women remains

    Economic CTV News
    REYKJAVIK, Iceland -- For nine years in a row, the World Economic Forum has ranked Iceland as having the world's smallest gender-equality gap, and for about as long gender studies professor Gyda Margret Petursdottir has been asked how the Nordic island nation became such a paradise for women. Source
  • Lyft ride-hailing app arrives in Toronto, marking its first expansion outside U.S.

    Economic CTV News
    TORONTO -- Ride-hailing service Lyft will be available in Toronto starting today. Torontonians can download the Lyft app to being ordering rides in the city. The company's arrival in Toronto marks the first time it has expanded outside the US. Source