Port Hawkesbury mill, once built and owned by Swedish Stora and then by Stora Enso until it was divested to NewPage Corporation some years ago, has been at standstill for several months. Last week, the creditors and the American bondholders of the mill voted in favour of accepting the 33 million Dollar offer from Stern Partners' subsidiary Pacific West Commercial Corporation to acquire the mill.Pacific West has said it would like to open the mill next month.The announcement by the governemnt of Nova Scotia to make funds available came shortly after Nova Scotia's Utility and Review Board approved Pacific West Commercial's application for a special electricity power rate deal with Nova Scotia Power. Under the arrangement, the private utility company is to receive tax-free divided payments for electricity instead of a regular tariff, according to RISI. The deal would last until the end of 2019, but it still has to be approved by Canada Revenue Agency, RISI reports.According to media reports in Canada, the provincial financial incentives include 66.5 million Dollars in loans, of which 26.5 million could be forgiven, if Vancouver-based Pacific West meets certain criteria.The province has also agreed to buy about 20,840 hectares of mill-owned land for 20 million Dollars.