The Circular Economy Fund, RECYC-QUÉBEC and Fondaction are joining forces to support Brique-Recyc, a Quebec company that has developed an ecosystem that makes it possible to revalue up to 99% of original bricks for reuse. This ecosystem is based in particular on a unique machine, patented by Brique-Recyc, which considerably reduces construction, demolition and renovation residues.

An innovation at the heart of the circular economy

Before this innovation, only the manual method allowed bricks to be cleaned and reused. The majority of the bricks resulting from demolition were therefore buried. Thanks to its patented technology, Brique-Recyc now makes it possible to recover, clean and reinstall bricks directly on the construction site, offering a sustainable and economical solution.

“Our machine, whether installed on the ground or on scaffolding, makes it possible to extend the life of bricks and to reduce waste”, explains Tommy Bouillon, President and partner of Brique-Recyc.

Benefits for professionals and individuals

The support of Fondaction represents an opportunity for building professionals to contribute to the objectives of the 2020-2030 Climate Plan. Brique-Recyc's technology, available in the form of rental, also allows businesses and individuals to easily access an affordable solution. It saves labor, reduces the costs associated with burying construction waste and offers an alternative to the purchase of new bricks.

A major environmental impact

“Brique-Recyc's technology optimizes the use of existing resources and reduces the creation of new bricks, thus promoting more responsible consumption,” says Claire Bisson, Vice President and Chief Investment Officer at Fondaction. “It is this type of innovation that helps transform the construction sector while encouraging a circular economy.”

“The City of Montreal is happy to be able to support initiatives such as those of Brique-Recyc through its contribution to the Circular Economy Fund. The construction sector is a priority value chain in our Circular Economy Roadmap. Their innovative technology and commitment to the reuse of building materials are concrete examples of what we can achieve together for a more sustainable future. We are proud to see local businesses like Brique-Recyc transform this vision into reality,” said the Mayor of the Borough of Verdun and responsible for ecological transition and the environment on the City of Montreal's executive committee, Marie-Andrée Mauger.

With the support of its partners, Brique-Recyc is establishing itself as a key player in sustainable construction in Quebec.

About the Circular Economy Fund

The Circular Economy Fund invests and supports innovative Quebec companies in the field of circularity. Developed in 2021 in partnership with RECYC-QUÉBEC and the City of Montreal and managed by Fondaction Asset Management, the Circular Economy Fund is the first venture capital fund of its kind in Canada; it accelerates the ecological transition and the reduction of GHG emissions in Quebec.

About RECYC-QUÉBEC

RECYC-QUÉBEC is a state corporation created in 1990 with the aim of making Quebec an innovative and sustainable management model for residual materials for a waste-free society. It promotes, develops and promotes the reduction, reuse, recovery and recycling of containers, packaging, materials or products as well as their valorization in a perspective of circular economy and the fight against climate change.

About Fondaction

A pioneer for more than 25 years, Fondaction is the investment fund for those who are mobilizing for the positive transformation of the Quebec economy. To make our economy fairer, more inclusive, greener and more efficient. As a labour fund, created at the initiative of the CSN, Fondaction represents tens of thousands of savers and hundreds of businesses committed to the advancement of Quebec. It manages net assets that total more than $3.77 billion as of May 31, 2024, invested in hundreds of businesses and on the financial markets, focusing on investments that generate positive economic, social and environmental impacts in addition to financial returns. Fondaction contributes to maintaining and creating jobs, reducing inequalities and fighting climate change. For more information, see fondaction.com or our page LinkedIn.

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