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BRP Club 2020 electrifies powersports industry...

6 November 2019


BRP Club 2020 electrifies powersports industry

Back in 2008, Tesla changed the auto game forever, when they released the very first fully electric- powered car. Since then many others in the auto industry have followed suit. The shift to electric vehicles stems from the rise of corporate and social responsibility and the need for more eco-friendly transportation options. This has paved the way for many electric-based innovations in subsequent industries, as manufacturers turn their attention to engineering products with low to no emissions.

The powersports industry has been producing electric motorcycles and similar products for a few years, but it now seems Bombardier Recreational Products (BRP) – pioneers in the powersports market, have also announced plans to manufacture electric-powered recreational vehicles. Earlier this year at their annual Club BRP 2020 event, they unveiled a handful of their first electric-powered prototypes.

These concepts include the introduction of its Neighborhood Electric Vehicle and its electric side-by-side vehicle, the development of a Can-Am Spyder electric prototype, and the commercialization of its electric karts, Sonic.

For the moment, these are just preliminary concepts, but it’s a step in the right direction when it comes to reducing the carbon footprint of traditional combustion engines. It’s very apparent that there is an ever-increasing market for greener vehicles, both on and off the road. The race to keep up with the vastly changing powersports market is on, and a race with less emissions and energy efficient vehicles, is one everyone wins.

LendCare to be acquired by goeasy Ltd.

LendCare to be acquired by goeasy Ltd.

On April 12, 2021, we announced that LendCare has entered into an agreement to be acquired by goeasy Ltd. goeasy is one of Canada’s leading providers of non-prime leasing and lending services offering a wide variety of financial products that help put Canadians on a path to a better financial future.

We are excited about what this strategic acquisition means for LendCare, our employees, customers and our partners. We will continue to build on the incredible growth we have achieved to date and accelerate our growth strategy as goeasy makes investments in the LendCare business.

LendCare will continue to operate as it does today, so there are no changes to how you work with us. Our existing leadership team will remain in place and you will continue to work with the team as you always have, business as usual. Our teams will continue to provide the high level of support you are used to receiving.

Read more about this announcement.