Novacap teams up with Stingray and 16 other companies in Quebec to help Ukrainian families.
March 22, 2022
Montreal, March 22 2022 – Eighteen local companies are uniting in response to the tragedy in Ukraine, following the Russian invasion on February 24, and the resulting refugee crisis. Alimentation Couche-Tard, National Bank of Canada, Bombardier, Broccolini, CAE, Coveo, Groupe Hélios, Intelcom, JPMA Global, KPMG, Novacap, Plusgrade, Pomerleau, Resolute Forest Products, Trans-Pro Logistics, SAJO, 5N Plus and Stingray have confirmed that they will sponsor up to 1,000 families affected by the crisis, offering them jobs and means of support until the situation stabilizes.
At the initiative of Eric Boyko, President, Co-Founder and CEO of Stingray (TSX: RAY.A; RAY.B), himself of Ukrainian descent, these companies have agreed to welcome up to 80 families each, ensuring that they are well looked after throughout the process.
"As we watched the conflict unfold and witnessed the forced displacement of millions of Ukrainians, we could not stand by without doing our part," said Eric Boyko. "We are impressed by the quick response, active participation of businesses, and interest of all levels of government in making this initiative a reality. Together, we hope to welcome up to 1,000 Ukrainian families, starting in the coming weeks."
While responding to labour needs, these companies are offering newcomers work, access to lodging, and means of subsistence while preserving these families’ dignity throughout this challenging ordeal.