Daily Network News

More News →

Tag Archives Maple Leaf Foods

News

Maple Leaf Foods Investor Calls For Board Changes

Activist investor West Face Capi tal cal led for a special meeting of Maple Leaf Foods shareholders Dec. 3, saying it is concerned about how the company’s board of directors operates. Investors have expected the hedge fund to push for changes since it bought a 10 per cent stake in Maple Leaf in August, and
News

Ontario Teachers’ Sells Stake In Maple Leaf Foods

By
Ontar io Teachers’ Pension Plan will sell its entire 25 per cent stake in Maple Leaf Foods at a sharp discount, ending the fund’s longtime role in one of Canada’s top food processors. Teachers’ said Nov. 23 it will sell its 34.5 million shares at $10.50 each to underwriters BMO Capital Markets and TD Securities
Livestock

Maple Leaf Foods To Close Nova Scotia Meat Plant

Maple Leaf Foods, one of Canada’s leading food processors, said Nov. 17 that it will close its pork plant in Berwick, Nova Scotia, at the end of April. The plant closure is the first since Maple Leaf announced in October that it plans to boost earnings by closing some plants and spending heavily to modernize
Cereals, News

In Brief… – for Nov. 18, 2010

Faster loading:Paterson GlobalFoods has announced construction of a new terminal in Gleichen, which it says will be the fastest-loading facility in Western Canada. The 28,000-tonne “Long Plain Terminal” will include the first grain loop track in Canada. It is designed to allow locomotives to remain connected to a train, providing for continuous and timely loading
News

Two Maple Leaf Directors Quit Over Strategic Plan

By
Two directors of Maple Leaf Foods, who represented a key shareholder, have resigned from the company’s board in a dispute related to the food processor’s strategic plan. Wayne Kozun and William Royan represented the Ontario Teachers’ Pension Plan, which has about a 25 per cent stake in the big Canadian food processor. Earlier this year
Cereals, Hogs, News

In Brief… – for Oct. 14, 2010

By
Tariffs dropped:A federal decision to remove tariffs on imported vessels in the St. Lawrence Seaway is good news for western Canadian farmers, the Canadian Wheat Board says. “By removing the 25 per cent tariff on imported vessels, the Government of Canada has made the purchase of new lakers more economically feasible, helping to ensure farmers
Hogs, News

Maple Leaf Urged To Put Meat Plant In Manitoba

By
Manitoba hog producers hope Maple Leaf Foods will locate a new prepared meats plant here to accompany its existing pork operations in the province. The plant promised by Maple Leaf would be a natural fit for the company’s stated purpose of consolidating food-processing operations, said Karl Kynoch, Manitoba Pork Council chairman. Since Maple Leaf already
Livestock, News

In Brief… – for Aug. 19, 2010

By
Pickups rise on U. S. theft list: Hauling power has made pickups a “group to watch” in an annual U. S. insurers’ study of vehicle theft losses. Models such as the Ford F-250/350, Chevy Silverado 1500, and Dodge Ram 2500 were found to be attractive “not only because of the vehicles themselves but also because
Livestock

Union Can’t Find New Inspectors

By
The new workers “must be ghosts, no one can find them, they’re nowhere.” – BOB KINGSTON The wrangling between the Harper government and the union representing food inspectors at the Canadian Food Inspection Agency is on again following the presentation in Parliament of a report that says the agency has added 93 inspectors to its
Livestock

Maple Leaf Foods Sees Higher Meat Costs Lasting

Higher raw meat costs for pack-e rs appears to be a long-term trend as Canadian hog farmers struggle to recover from money-losing operations, the head of a leading Canadian hog processor, Maple Leaf Foods, said May 19. “We actually think it is a new normal,” said president and CEO Michael McCain at the BMO Capital

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for Nov. 28, 2025

Sponsored By:
More Videos →

Cyber-Savvy Farmer

Glacier Farmmedia Podcast

Latest Market News

More Market News →