Desjardins Says Cascades Will Do Well.

The article reports on the projection of Pierre Lacroix of Montreal, Quebec-based Desjardins Securities Inc. on the stock performance of Canadian forest and paper product makers for 2008. He mentions that Canadian and U.S. currencies will remain near par for 2008. He also said that Cascades Inc., a paper product maker in Montreal, is well positioned for 2008 due to the expected closing of its new European joint venture.