GO Electric Incentive Program
On November 24, 2017, at the Salon du véhicule électrique de Saint-Hyacinthe, Cascades announced its transportation electrification pilot project for employees. In addition to having access to charging stations at work, the 1,400 employees who are based at Kingsey Falls now have the possibility of receiving $2,000 in financial assistance for the purchase of a new electric vehicle (pro-rated based on mileage for a used vehicle). This is a supplement to the government grants in effect.
Other Financial Incentives
Six months later, at a sustainable development conference held on May 24, Mario Plourde announced that Cascades was extending its program to all of Quebec. Consequently, in the summer and fall of 2018, charging stations will be installed at all Quebec units. The number of employees able to benefit from this financial incentive will thus rise from 1,400 to 4,200.
Cascades is considering extending the project to other sites in the future. Announcements will be made in this regard.
Extension of the electrification program to Ontario
Cascades announced, on April 11th, that it is extending its transportation electrification program to all its employees in Ontario. In addition to its 4,400 Quebec-based employees, the Company will now offer its 2,200 employees in Ontario access to the program that encourages individuals to transition from gas to electric or hybrid vehicles.
To support its employees to reduce their greenhouse gas emissions, the company has also installed 30 new 240-volt charging stations at its Ontario facilities, extending the network of the 80 that have already been installed in Québec. The amount paid by the company to new Ontario electric vehicle owners is the same as that provided to Quebec employees and is also in addition to the announced government grants.
"From our beginnings 55 years ago, Cascades has always been committed to reducing its footprint by using recycled materials in its manufacturing and through environmentally friendly processes. After reducing our greenhouse gas emissions by close to 50% since 1990, Cascades is now giving our employees a hand to take action. Knowing that a change in transportation habits is required to make a substantial dent in GHG reductions, we took concrete measures for the future through this unique program," commented Mario Plourde, President and CEO of Cascades.