Business InformationBusiness Business Information
The Terrace Bay economy continues to grow with the plans of AV Terrace Bay Inc. and the resulting job creation and investment in the Community.
The Terrace Bay economy includes the AV Terrace Bay Inc. pulp mill, the McCausland Hospital, Canadian Pacific Railway, various educational institutions and the service industry that serves residents and tourists. A variety of major economic capital projects have recently been completed in the Municipality including the $8 million McCausland Hospital Long-Term Care project, the $3 million Downtown Revitalization project and the $2 million Cultural Centre project. The Aditya Birla Group and its $250 million investment to convert AV Terrace Bay Inc. for the production of dissolving pulp is driving many projects at the local mill and the economy. Read More.