April 16, 2024

Bernard Lemaire, co-founder of Quebec pulp and paper flagship Cascades, died Wednesday at age 87.

“On November 8, 2023, it was with remorse and deep disappointment that the prolonged Cascades household realized of the loss of life of one in every of its co-founders,” the corporate introduced.

“Visionary, beneficiant and charismatic, this extraordinary man may have satisfied numerous individuals and communities to participate in an enormous mission, the mission of a lifetime: Cascades […]. The legacy he leaves behind is wealthy and can dwell on for a very long time.”

Born in Drummondville in 1936, the businessman studied civil engineering on the College of Sherbrooke in 1957 earlier than persevering with his research at McGill College.

Bernard Lemaire in 1989 archive photograph

In 1960 he lastly determined to affix the household waste recycling enterprise, Drummond Pulp and Fiber.

Three years later, he based the corporate Papier Cascades Inc. along with his father and brother Laurent, which produces paper from recycled fibers. Then Bernard Lemaire took the previous Kingsey Falls mill in Centre-du-Québec into his fingers to place it again into operation.

The multinational firm grew to become Cascades Inc. after its itemizing on the Montreal Inventory Trade in 1982.

The guts of “Québec Inc.”

Bernard Lemaire led Cascades for practically 30 years earlier than handing over the presidency to his brother Laurent in 1992. Throughout his tenure, Cascades’ growth technique gained momentum in South America, the North and Europe.

Mr. Lemaire then turned his consideration to the vitality sector when Cascades Énergie developed its first pure gasoline cogeneration plant in Canada close to its headquarters in 1990. After the acquisition of Boralex in 1995, he then targeted on the event of Boralex.

1699539498 775 Cascades co founder Bernard Lemaire has died

Bernard Lemaire in 1994 archive photograph

The businessman additionally sat on the board of assorted firms, together with the Nationwide Financial institution, Gaz Métropolitain, the Laperrière and Verreault group and the Cambior firm.

These many duties made him one of many members of the financial revolution of the province of La Belle known as “Québec Inc.”, which gave rise to a number of Quebec and French-speaking entrepreneurs within the Sixties.

A acknowledged entrepreneur

His entrepreneurial profession has been acknowledged by a number of awards, together with honorary doctorates from the College of Sherbrooke in 1986, the Faculty of Hautes Études Commerciales in 1994 and the College of Quebec at Trois-Rivières in 2004.

He was additionally appointed an Officer of the Order of Canada in 1988 and an Officer of the Nationwide Order of Quebec in 1995.

Cascades co founder Bernard Lemaire has died

CNW Group, Cascades

As proof of his worldwide recognition, Mr. Lemaire acquired the Knight of the Nationwide Order of the Legion of Honor in France in 2002.

“For the primary time in 1991, the Affiliation of Human Assets Professionals of Quebec awarded him the Honorary Iris, recognizing the contribution of an individual from the enterprise world who has contributed considerably to the development of human sources administration,” his Nationwide Order web page continues from Quebec.