Northwire Canada EditionThursday, October 15, 2026
Sign inSubscribe
Northwire
⌕
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%
M&A / Property

Cascades Optimizes the Value of Its Forest Assets And Enters Into a Long-Term Strategic Partnership With Solifor

By The Northwire Desk — AI Analysis Apr 01, 2026 · 07:00 CAS · 11.81 CASCADES INC.
CAS · Price

Executive Summary

  • Cascades Inc. sold 10,500 ha of private forest lands in Kamouraska and Témiscouata to Solifor for $20 million, completed on March 31, 2026.
  • The transaction secures a reliable long‑term timber supply for Cascades’ Cabano plant, supporting its competitiveness.
  • The partnership creates a structured forestry‑sector collaboration in the Bas‑Saint‑Laurent region, aligning both companies’ sustainability and climate‑change objectives.

Key Details

  • Transaction value: $20 million cash payment to Cascades.
  • Assets transferred: Private forest lands covering 10,500 ha previously managed by Cascades for >25 years.
  • Geographic focus: Kamouraska and Témiscouata regions, Bas‑Saint‑Laurent, Quebec.
  • Strategic purpose: Enables continued development of the lands under Solifor’s management while guaranteeing a long‑term timber supply to Cascades’ Cabano plant.
  • Closing date: March 31, 2026.
  • Partnership scope: Long‑term strategic collaboration for sustainable forest management, value optimization, and climate‑change mitigation.
  • Quotes:
  • Hugues Simon (President & CEO, Cascades): Emphasized the partnership’s benefit in maintaining sustainable asset management and securing supply for Cabano plant.
  • André Gravel (President & CEO, Solifor): Highlighted alignment with Solifor’s portfolio and commitment to responsible forest stewardship.

Notable Quotes

  • “This partnership is a natural and beneficial step for both our organizations… we have secured a reliable supply that will help our Cabano plant stay competitive.” – Hugues Simon, President & CEO, Cascades
  • “These lands fit well into Solifor's property portfolio… directly contributing to the fight against climate change.” – André Gravel, President & CEO, Solifor
Read the original news release →

More from CASCADES INC.

Jun 18, 2026 · 11:46

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

Production / Operations Jun 17, 2026 · 11:00

ESG roadmap updates supply chain targets but does little to offset near-term volume and cost headwinds

M&A / Property May 07, 2026 · 06:00

Cascades Inc.

Earnings Apr 10, 2026 · 06:30

Cascades Guidance Cut Signals Turnaround Stalls Amid Cost Headwinds

Earnings Apr 01, 2026 · 16:42

Cascades, Solifor enter land partnership

M&A / Property Mar 05, 2026 · 17:54

Cascades spends $6.9M to boost Kingsey Falls capacity

Production / Operations