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Service New Brunswick's recent decision to retract $3.5 million of a $3.7 million assessment increase it had given J.D. Irving Ltd.'s Saint John paper mill in 2021 for economic reasons is the third major valuation reduction the facility has gotten from the agency in the last decade.
J.D. Irving Ltd's paper mill in east Saint John and Twin Rivers pulp mill in Edmundston have qualified for up to $700,000 in property tax refunds covering the last two years after Service New Brunswick reversed itself on assessment increases it gave the two mills in 2021.