Chemtrade units fall after rezoning application rejected by council
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NORTH VANCOUVER – Units in Chemtrade Logistics Income Fund fell nearly 20 per cent after it says a rezoning application for its facility in North Vancouver, B.C., was rejected.
The fund says the facility is the largest producer of liquid chlorine in Canada, producing more than 40 per cent of the country’s supply.
The liquid chlorine produced by Chemtrade is used in the treatment of drinking water.
Chemtrade had said if the district did not approve the rezoning application it would be unable to move ahead with planned safety improvements, leaving the future of the facility uncertain beyond 2030.
It says it intends to continue to engage with district staff and council, elected officials at both the provincial and federal levels, local First Nations and the community.
Chemtrade units were down $3.06 or 17 per cent at $14.70 in trading on the Toronto Stock Exchange.
This report by The Canadian Press was first published April 14, 2026.
Companies in this story: (TSX:CHE.UN)