Province of OntarioFrom the Q2 earning call:
It appears it was the Province of Ontario (i.e. us Canadian taxpayers) who provided the loan to Kap Paper.
The fact that a Chartered Bank or syndicate would not provide a loan speaks for itself.
Kenora lands and duties......they're still trying to monetize.
Paul Rivett is stepping back from earnings calls.
Overall....very weak quarter and little prospects.