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Higher prices mask weak demand in Canada’s food sector

1 day ago

Higher prices mask weak demand in Canada’s food sector

America’s trade war is weighing on food and beverage manufacturing sales in Canada. A report from Farm Credit Canada shows sales rose just 0.8 per cent in the first half of 2025, slowing to 0.3 per cent by year’s end.

SGS expands North American footprint

Swiss food testing and inspection giant SGS is expanding its North American footprint with the acquisition of Colorado-based Murray-Brown Laboratories.

Neilson fresh look Into the dairy aisle with new packaging

Neilson, a milk distributor, has unveiled new packaging across its value-added milk portfolio. Rolling out this month, the refreshed packaging brings a unified brand identity across Neilson’s product portfolio, the company said in a release.

AquaOmega launches ocean cleanup initiative

Vivo Brands’ AquaOmega is launching the AquaOmega One Health Impact Initiative to help reduce the effects of microplastics in its products. The program was developed in partnership with 4ocean, a Boca Raton, Fla.-based certified B Corp and for-profit company.

Metro adds third Shared Kitchen to regional network

Metro, in collaboration with its longtime partner Feed Ontario, has announced the unveiling of the third kitchen in the Metro Shared Kitchen network at the Regional Food Distribution Association (RFDA) in Thunder Bay, Ont. 

The unravelling of seafood magnate John Risley’s empire

For decades, John Risley seemed unstoppable. The Nova Scotia entrepreneur struck it rich off a seafood business, repeated his luck with a fish oil company, then made out like a bandit selling a cable and wireless company in the Caribbean.

Frozen food supplier launches $31M London plant

The latest addition to London’s food manufacturing sector has begun production at its new $31-million plant, with a pledge to grow to $100 million in annual sales. Seenergy Foods is not a company most consumers would recognize. 

AGT Food and Ingredients stock stumbles on IPO

AGT Food and Ingredients Inc. had a disappointing debut in its second foray as a public company after the Regina-based agrifood company controlled by Fairfax Financial Holdings Ltd. raised $450-million in an initial public offering.

B&G Foods sells Green Giant U.S. to Seneca Foods

B&G Foods, Inc. has announced the sale of its Green Giant U.S. frozen vegetable product line to Seneca Foods Corporation. B&G Foods previously sold the Green Giant U.S. shelf-stable vegetable product line to Seneca Foods in November 2023.

Five founder-led businesses create manuf. platform

Five founder-led businesses including Oakhouse Bakery, MaGi Foods, Small Batch Organics, Rind Snacks and Whirlybird Granola have partnered to launch Keep It Real Foods which is backed by investment firm CIC Partners, a private label and contract manufacturing platform.

Maple Leaf Foods profits after pork business spinoff

Maple Leaf Foods Inc. reported a fourth-quarter profit of $391.2-million, up from $53.5-million a year earlier, boosted by the spinoff of its pork business. Its profit amounted to $3.06 per diluted share for Q4 2025.

Canada Packers reports $23.2M Q4 profit

Canada Packers Inc. reported a fourth-quarter profit of $23.2 million as its sales edged higher compared with a year earlier. The company says the profit amounted to 78 cents per diluted share for the quarter ended Dec. 27.

GLP-1 drugs, reshaping eating and spending

A new survey suggests about three million Canadian adults are currently taking GLP-1 drugs such as Ozempic or Mounjaro and that many more would like to, but cost is a barrier. 

What's driving the non-alcoholic beverage boom?

Low- and non-alcoholic (NA) beverages—often grouped together in a single category—are claiming more shelf space as consumers seek sophisticated alternatives that replicate social drinking rituals.

Report charts 10 years of kelp industry progress in Canada

A new state of the industry report from GreenWave examines the commercial progress of the kelp industry in Canada and the U.S. State of the Kelp Industry: A Decade in Review and the Road Ahead tracks the kelp market landscape.

Gulf shipping crisis threatens food price shock

The global fertiliser supply chain could face significant disruption if the effective closure by Iran of the strait of Hormuz persists, prompting concerns from analysts about crop production and food security.

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