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

  • Company appeals Churchill rail ruling in year-long attempt to restore service

    Economic CTV News
    WINNIPEG -- The company that owns a broken rail line into Churchill, Man., says it is appealing a federal regulatory ruling that requires it to repair the track. Hudson Bay Railway Co. was ordered last week by the Canadian Transportation Agency to immediately begin repairs to the track, which is the only land link to the subarctic community of 900 people. Source
  • Quarter of seafood sold in Metro Vancouver is mislabelled: researchers

    Economic CTV News
    VANCOUVER -- A new study shows that up to a quarter of the seafood sold in Metro Vancouver is mislabelled, with tilapia masquerading as snapper and catfish passing as cod. Researchers at the University of British Columbia collected 281 samples of fish and other seafood from restaurants and grocery stores, then tested the DNA to determine the true species. Source
  • Saputo urges end to milk ingredients pricing system opposed by U.S.

    Economic CBC News
    Saputo Inc., one of Canada's largest dairy companies, wants to end a domestic milk ingredient pricing system that has angered the United States, chief executive Lino Saputo Jr. said on Monday, showing a rare crack in solidarity among processors and the country's sheltered dairy farmers. Source
  • Proposed class-action lawsuits filed against Bank of Montreal, CIBC's Simplii

    Economic CTV News
    TORONTO -- Proposed class-action lawsuits have been filed against Bank of Montreal and CIBC's direct banking division Simplii Financial over recently disclosed cybersecurity breaches impacting up to 90,000 customers. Law firms Siskinds LLP and JSS Barristers say they have filed the proposed class actions against the two Canadian banks in the Ontario Superior Court of Justice, alleging the institutions failed to establish robust security measures to protect clients' sensitive information. Source
  • South Korea joins Japan in halting Canadian wheat imports after GMO plants found

    Economic CTV News
    CALGARY -- South Korea has joined Japan in suspending trade in Canadian wheat following the discovery of genetically modified plants in southern Alberta. Global Affairs spokesman Jesse Wilson says it's standard protocol in both countries to temporarily close markets in such cases. Source
  • Volvo sets goal of 25% recycled plastics in cars from 2025

    Economic CBC News
    At least 25 per cent of the plastics used in new Volvo car models from 2025 will be from recycled materials, the Chinese-owned company said on Monday in an anti-pollution plan praised by the United Nations. Source
  • Magna plans electric vehicle joint ventures with Chinese company

    Economic CBC News
    Magna International Inc. says it will form two new joint ventures with a Chinese company to engineer and build electric vehicles. The Ontario-based auto parts company and Beijing Electric Vehicle Co. Ltd., a subsidiary of the BAIC Group, are expected to take over an existing BAIC manufacturing facility where the first production vehicles are planned for 2020. Source
  • Morneau didn't break conflict law introducing pension bill: ethics watchdog

    Economic CBC News
    Finance Minister Bill Morneau wasn't in a conflict of interest when he introduced a pension bill in the House of Commons while he still owned shares in his family's pension services company, according to the ethics commissioner. Source
  • Baytex Energy and Raging River Exploration sign $2.8B merger deal

    Economic CBC News
    Baytex Energy Corp. and Raging River Exploration Inc. have signed a $2.8-billion deal to merge in a bid to boost the companies' East Duvernay Shale operations in Alberta. The combined company, which will operate under the Baytex name, is expected to have production of approximately 94,000 barrels of oil equivalent per day from a diverse portfolio of oil assets that includes the Viking, Peace River, Lloydminster and East Duvernay Shale regions in Canada and the Eagle Ford region in Texas. Source
  • Theatregoers with epilepsy warned of seizure risk from bright lights in Incredibles 2

    Economic CBC News
    Disney is warning theatregoers with epilepsy not to watch its latest summer blockbuster because several scenes in the movie can trigger seizures because of repeating bright flashing lights. The animated movie Incredibles 2 opened last weekend at No. Source