Northwire Canada EditionTuesday, August 25, 2026
Northwire
GOLD 4697.80 +0.4% SILVER 68.59 −1.4% COPPER 6.61 +0.3% OIL 85.01 −2.4% PALLADIUM 1359.75 +0.7% NVO 0.070 +0.0% SRA 0.780 +0.0% TUK 0.020 −20.0% GWM 0.610 −4.7% MINE 0.110 +0.0% EGM 0.100 +0.0% IRO 1.11 +2.8% CBR 1.41 +2.5% CTN 0.045 +0.0% GMX 2.06 +2.0% NPR 0.700 −2.8% CGD 1.28 +8.5% CRE 0.390 +13.0% PE 0.250 +0.0% PER 0.150 +7.1% SVRS 0.540 +8.0% GOLD 4697.80 +0.4% SILVER 68.59 −1.4% COPPER 6.61 +0.3% OIL 85.01 −2.4% PALLADIUM 1359.75 +0.7% NVO 0.070 +0.0% SRA 0.780 +0.0% TUK 0.020 −20.0% GWM 0.610 −4.7% MINE 0.110 +0.0% EGM 0.100 +0.0% IRO 1.11 +2.8% CBR 1.41 +2.5% CTN 0.045 +0.0% GMX 2.06 +2.0% NPR 0.700 −2.8% CGD 1.28 +8.5% CRE 0.390 +13.0% PE 0.250 +0.0% PER 0.150 +7.1% SVRS 0.540 +8.0%
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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