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High Liner Food earnings, sales increase in Q2

1 month ago

High Liner Foods earnings, sales increase in Q2

In a challenging tariffs environment, Lunenburg, N.S.-based frozen seafood company High Liner Foods (HLF-T) was able to increase its earnings and sales volume in the second quarter.

Saputo to sell U.K. operations to Lactalis for $1.86 billion

Saputo has agreed to sell its U.K. dairy division to Lactalis for $1.86 billion. The Montreal-based company said the deal includes five facilities. The operations have generated around $1.2 billion in revenue over the past four quarters.

Goodfood obtains court approval for sale or investment

Montreal meal-kit company Goodfood has obtained court approval for a potential sale or investment. The company secured bankruptcy protection under the Companies' Creditors Arrangement Act last week. No transaction has been selected or approved at this stage, Goodfood said.

Angry Canadians stalking grocery store aisles: survey

There are a lot of angry shoppers wandering the aisles of Canada’s grocery stores, turned off by shrinkflation and brands they think are unfairly using inflation to justify price increases, according to a new survey by marketing company UAB Omnisend.

Agriculture airs its fears with U.S. tariff clock ticking

Anxiety is growing among farmers, farm groups and the agriculture industry on both sides of the border as the Trump administration’s Aug. 19 tariffs deadline looms. The new tariffs apply to dairy products and alcohol, among other exports.

U.S. dairy tech firm chooses Winnipeg for Canadian HQ

A U.S.-based dairy agtech company has chosen Winnipeg for its Canadian headquarters. Spade Technologies said that Manitoba will serve as base for adapting the company’s technology to the Canadian dairy sector while supporting expansion into the north-central U.S.

Confused by best-before dates? Here’s a primer

Ever wondered what to do with yogurt or crackers after the best-before date has passed? For many Canadians, the answer isn’t always clear. According to a 2025 Dalhousie University survey, 30 per cent of Canadians don’t know what best-before means.

Food safety communication needs AI overhaul

Every summer, Canadians are reminded that fresh produce can also pose food safety risks. The U.S. Cyclospora outbreak has sickened at least 1,644. Canada’s food regulators have resisted calls to suspend imports. We have an opportunity to do much better.

B.C. wildfires force restaurant to toss $20K in food

The B.C. wildfire that has forced 20,000 people from their homes is also proving to be economically destructive. After losing power for more than a day, Shaughnessy’s Cove restaurant threw out thousands of dollars of meat, seafood, fresh pasta, vegetables.

Niagara farm groups seek support following flood damage

Three of Niagara’s leading agricultural organizations are urging governments to provide support to growers following severe rainfall events that have caused widespread flooding. While recovery efforts are already underway, industry groups say many growers continue to face major challenges.

Stratus Vineyards is Ontario’s first B Corp certified winery

Sustainability claims are cheap. Third-party verification is not, and that’s exactly why Stratus Vineyards’ latest milestone should get attention. The Niagara-on-the-Lake producer has become Ontario’s first Certified B Corporation winery, and one of just three wineries in all of Canada.

Why is Australian beef cheaper than Canadian beef?

With Australian beef cheaper for shoppers than beef produced inside Canada, a beef expert is weighing in. Jeffrey Yorga, past president of Saskatchewan Stock Growers Association, said the difference has less to do with how far it travels than quality.

FabriSight turning plant cameras into AI-powered tools

Vancouver-based FabriSight Solutions has received $64,854 through the Canadian Food Innovation Network's Innovation Booster program, part of a broader funding round awarded to eight Canadian companies. Industry partners will match, bringing the total investment to just over $968,000.

Mich. cyclosporiasis cases grow by around 1,500 in week

A week after Michigan health officials said lettuce is safe to eat, the statewide cyclosporiasis outbreak has grown to almost 14,000 cases. Two people have died in connection to the outbreak.

Nearly 150-year-old beef plant set to close will remain open

A Pennsylvania beef processing plant that had been set to close after nearly 150 years will instead remain open. JBS said in June that it would end operations at its Souderton plant amid broader turmoil in the U.S. beef industry.

Nestle developing products to serve GLP-1 users

Nestle is seeking to turn the rise of GLP-1 weight-loss drugs from a threat into a business opportunity, using artificial intelligence and nutritional science to develop products aimed at millions of consumers taking medicines such as Ozempic and Wegovy.

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