Northwire Canada EditionThursday, October 15, 2026
Northwire
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GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4% GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4%
Production / Operations Neutral

Cascades strengthens its tissue paper production platform in Quebec

Cascades doubles down on Quebec tissue capacity with $15M capex; execution remains the key to margin recovery.

Executive Summary
  • Cascades Inc. is investing $15 million to install a new state-of-the-art tissue converting line at its Granby, Quebec facility.
  • Total recent site investment reaches $29 million.
  • New line capacity is 3 million cases, scheduled to begin operations in Q4 2026.
  • Project targets sustained retail demand for regular and multi-pack toilet paper.
  • Investment secures 239 existing jobs at the plant.
  • Strategic rationale focuses on enhancing production capacity, improving product quality, and aligning with long-term growth strategy.
Material Impact
  • The $15 million tissue line investment is a routine capital allocation decision fully consistent with the $150M–$175M 2026 capex budget. It contains no genuinely new market-relevant information, no guide-raise, and no strategic pivot.
  • The stock's +3.5% move into the print confirms that expectations were low and the market had already discounted the operational headwinds. The news is not material and will not re-rate the business.
CAS · Price
Company Overview
  • Cascades Inc. is a North American packaging, hygiene, and recovery solutions provider.
  • Operates through Packaging Products, Tissue Papers, and Corporate/Recovery segments.
  • Strategic focus centers on optimizing the operational platform, reducing debt, and investing in core markets like Quebec tissue and uncoated recycled boxboard.
  • Emphasizes sustainability commitments, including SBTi-aligned GHG reduction and deforestation-free fibre sourcing.
Read the original news release →

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