The Risk in Risk Management by Vit Gregory B.;

Author:Vit, Gregory B.;
Language: eng
Format: epub
Publisher: Taylor & Francis Group

SGF Rexfor

Partner Capital

$35,000,000

$35,000,000

Tembec

Partner Capital

$35,000,000

$35,000,000

Investment Quebec

Gov. Loan, No Interest

$145,250,000

$68,459,869

Economic

Gov. Loan,

$80,000,000

$50,756,540

Development Canada

No Interest

John Hancock

Private Sector Loan

$70,000,000

$23,947,600*

Inno-pap

Gov. Grant

$58,000,000

$28,852,379

TOTAL

$493,250,000

$358,016,388

Note: * $22.8 million of this amount was subsequently recovered by John Hancock due to its senior position in the financing, leaving Gaspesia creditors with cash assets of approx. $2 million and a 40.7% completed construction site.

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