Venture capital and government funds are being largely concentrated among three industrial foodtech categories – manufacturing, food safety and traceability, and next-generation ingredients – according to a new report.

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.

Wars in the Middle East and Ukraine have proven to be challenging for Regina-based food manufacturer AGT Foods (AGTF-T), but the latest quarterly results show that the company is well-positioned to weather these storms.

Premium Brands (PBH-T) just reported revenue of $2.4 billion for the second quarter, a record for the company, and more good news may be on the horizon: the price of a major commodity could be dropping.

One of the hottest new trends facing Canada’s food service industry is a growing demand for more fibre and protein. So how are quick-service restaurants reacting to the new trend?

Troubled meal kit delivery provider, Montreal-based Goodfood, announced Wednesday that it is requesting creditor protection. The company is currently working on a recovery plan, which includes cutting expenses, simplifying operations and focusing on its core product offering, it said.

The agriculture industry in Canada is falling behind when it comes to artificial intelligence (AI) technology, mainly due to multiple systemic barriers, according to a new report by Farm Credit Canada (FCC).

BC Food & Beverage, the University of British Columbia and Cultivated Food Labs are partnering with Protein Industries Canada to offer a new specialized training course aimed at boosting the skills of food industry workers.

Many people would think that Canada’s climate is far too harsh to grow olive trees. But those people would be wrong as on Salt Spring Island in B.C., The Olive Farm has been producing high quality olive oil since 2016.

Submarine sandwich fast-food restaurant chain Jersey Mike’s Subs has set the price for its initial public offering (IPO) at more than US$1 billion.

It started with a small kiosk on Danforth Avenue in Toronto in 1995 but today the health-food and supplement store Healthy Planet has grown to 45 locations in the Greater Toronto Area.

Lactalis Canada has reached agreement with Agropur Cooperative to acquire parts of its fine cheese division including brands OKA, Monsieur Gustav and L’Extra; two production facilities, as well as its fine cheese import activities.

As the FIFA World Cup tournament moves into its final week, and no more games are scheduled to take place in Canada, the foodservice industry should take some lessons from the temporary surge in demand, an industry insider said.

Ready-to-eat meal delivery company Factor Meals recently opened a 50,000-square-foot operation in Calgary that will expand its western Canadian footprint. The new kitchen facility is expected to create 400 new jobs, the company said in a press release.

Canada's Competition Bureau wants to find out why food prices are so high these days. To help find an answer, the bureau has launched an investigation into all aspects of the food supply chain.

Grocery store firm Pattison Food Group is updating its Langley, B.C. grocery distribution centre with new automated technology from Dematic. The warehouse will deploy advanced automation technologies intended to improve fulfillment efficiency.

TO OUR VALUED READERS: FoodNX staff will be taking our annual break for a hard-earned vacation during the week of June 29 through July 3.

Foodtastic has expanded its restaurant portfolio with the acquisition of Toronto-based Kinton Ramen, giving the company its first entry into the Japanese dining segment.

In the wake of economic uncertainty and shifting trade partners, the federal government recently announced Canada’s first-ever National Food Security Strategy.

Being recently named as one of Canada’s Best Managed Companies is a satisfying validation for Cambridge, Ont.’s Blendtek. The company also recently partnered with a major U.S. agricultural company on what might become the future of chocolate.

Canada’s food wastage problem is enormous. According to a recent study, it accounts for $58 billion in spoiled food each year that is discarded. McMaster University is working on mitigating this.

In order to compete with the two established, long-term sugar refiners in Canada, Sucro Can Canada (SUGR-X), a relative newcomer to the market, has invested $135 million on a new facility in Hamilton.

Back when brothers Bob and Nick Constabaris were looking to shake up the market for steak dinners, there weren’t many options for an affordable meal. Fast forward to today, MR MIKES has 50 locations.

Saskatoon-based Sweet Nutrition recently released a new line of cookies in Canada, and the company has an ambitious goal behind it. That new line is called Protein Munchables and it's being rolled out into retail stores.

As the “powerhouse” sector of Canada’s economy, there should be more conversation around improving productivity in the food and beverage manufacturing sector, argues Craig Klemmer, agricultural economist and manager, thought leadership with Farm Credit Canada (FCC).