KAP sets up Puratone meeting

Keystone Agricultural Producers (KAP) is hosting a meeting Dec. 3 to try and clarify where grain farmers owed money by Niverville-based Puratone stand. “We’re not going to be threatening people or making statements of claim,” KAP president Doug Chorney said in an interview Nov. 26. “We really just want to get the facts out because

Maple Leaf to buy Puratone

Maple Leaf Food’s agreement to purchase the Niverville-based Puratone Corporation is good news for Manitoba hog producers, according to Manitoba Pork Council. “We’re happy to see that a Canadian company has purchased Puratone,” said council chairman, Karl Kynoch. “We want to see plants here that can compete with their American counterparts.” With two of the


Stall-free pork coming to McDonald’s menu

Amove by fast-food giant McDonald’s to have its U.S. pork suppliers phase out sow gestation stalls has drawn praise from animal rights groups, but questions remain about the impact it will have on Canadian producers. “This is huge. That a major corporation has made this move is really very significant,” said Winnipeg Humane Society CEO

Proudly Canadian – for Jun. 30, 2011

The Maple Leaf forever Such pride those words arouse Head out to the fabric store Sew a true Canadian blouse. Wear it with your jeans or shorts Whichever you would like Walking down a country road Or riding on your bike. Smile and wave at everyone Sing “Oh, Canada.” Sing it loud Hang a flag


Maple Leaf Gives West Face CEO A Seat On Board

Maple Leaf Foods appointed the head of investment fund West Face Capital to its board Feb. 3, bringing in a leading activist shareholder who has been critical of corporate governance at the Canadian food processor. West Face chief executive Gregory Boland joins the board six months after the Torontobased investment fund took a stake in

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


Ontario Teachers’ Sells Stake In Maple Leaf Foods

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

Two Maple Leaf Directors Quit Over Strategic Plan

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


In Brief… – for Oct. 14, 2010

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

Maple Leaf Urged To Put Meat Plant In Manitoba

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