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MONTREAL, March 19, 2021 /CNW Telbec/ - (NYSE: CAE) (TSX: CAE) – At a press briefing with the Quebec Minister of Health and Social Services held at its headquarters, CAE announced today that it is helping the government in accelerating mass vaccination against COVID-19 and reducing pressure on the healthcare system.
CAE will work to establish a vaccination centre, at its own expense, at its headquarters in the Saint-Laurent borough, which will allow for the vaccination of its employees and their families as well as the surrounding community.
"As a leading company in the fight against COVID-19, we want to make a difference in the vaccination effort and play a role in getting the economy back on track. That's why, on behalf of CAE's 4,000 employees in Quebec, I am offering CAE's help to accelerate vaccination in order to support and reduce the pressure on the healthcare system. I would like to thank my fellow business leaders who are stepping up and providing resources to open up workplace vaccination hubs, and I invite all companies who can contribute to do so," said Marc Parent, President and CEO of CAE. "I would also like to highlight the receptiveness shown by the Quebec government, which will contribute to a faster economic recovery for all Quebeckers."
In the last few months, CAE has initiated a mobilization effort with many large Quebec and Canadian companies so that they can participate in the vaccination operation, a collective responsibility to help save lives, allow for economic recovery and a return to normal life. Several companies have offered this support at their own cost, and together, have committed to the ambitious goal of vaccinating up to 500,000 Quebeckers, working in collaboration with the health system and following the order of priority established by public health.
CAE is also seconding to the government a full-time Director with extensive expertise in large-scale project management, performance management and process optimization. Marie-Christine Cloutier, Director of Business Performance and Strategic Growth at CAE, will act as the liaison between the ministry's team and participating businesses. She will directly support the director of the vaccination campaign in Quebec by consolidating service offerings and coordinating the vaccination effort with all companies setting up vaccination centres.
CAE's role since the beginning of the pandemic
Since the beginning of the pandemic, CAE has been quick to respond to COVID-19, initially by developing a respirator to meet the global shortage and contribute to Canada's self-sufficiency, and then by developing an application to train COVID-19 vaccine providers.
With a pan-Canadian presence, CAE will continue initiating discussions with other provincial governments to make a difference in the immunization effort across the country.
CAE is a high-tech company at the forefront of digital immersion, providing solutions to make the world safer. Backed by more than 70 years of innovation, we continue to reinvent the customer experience and revolutionize training and operational support solutions in the civil aviation, defence and security, and healthcare industries. We are the partner of choice for customers around the world who operate in complex, often dangerous and highly regulated environments where success is critical. As a result of our customers' ongoing need for our solutions, more than 60% of CAE's revenue is generated from recurring business. We have the largest global presence in the industry, with approximately 10,000 employees in 160 locations and training centres in more than 35 countries. www.cae.com
SOURCE CAE INC.
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