More than 35.5M tonnes of food is thrown out yearly in Canada and rescuing food is getting more attention
Many people claim the term’ food waste’ should never be used and there’s some truth to that. Food is precious and is always of value to someone, somewhere. Associating food with the term ‘waste’ can only imply that food can become worthless. We can compost it, use it to produce biofuels and, of course, repurpose…
Cultured meat could succeed but it won’t be easy
Leonardo DiCaprio has just used his A-list magic powers again by investing in two American cultured-meat startups, Aleph Farms and Mosa Meat. This is the same actor who invested in a vegetable protein company before the plant-based phenomenon was a thing. Beyond Meat is now worth more than US$8 billion. DiCaprio saw it coming before…
Before long consumers will expect the entire food supply chain to be fully transparent in real-time
QR codes have been in our lives for a long time. Before the pandemic, we used them a few times a year on average. Now, most Canadians will use a QR code almost every week and, in some cases, daily. Implications for the food industry could be significant. Once deemed a clever tool used occasionally,…
Meat is a luxury in most countries and it’s becoming one in Canada. The good news? Canadians can deal
The cost of living has understandably been one of the current federal election’s top issues. Most major parties have included proposed measures to help Canadians, especially those with less means. However, recent data suggest consumers are taking matters into their own hands to save a few bucks. Meat represents a big portion of anyone’s food…
As with every aspect of the pandemic-postponed Olympics, the virus will cast a long shadow on how people are fed
The Tokyo Olympic Games are finally upon us. Most of the attention will be given to the athletes, the sports, the empty stands and, of course, COVID-19. But every Olympics brings the gigantic task of feeding an entire village of high-performing humans from all over the world. In Tokyo, that means organizers need to feed…
Recognizes that manufacturing - including farmers - are the anchor to the entire food supply chain
A new coalition led by the Retail Council of Canada (RCC) has presented a roadmap to peace within the food industry. It’s a positive step forward for the food production industry and consumers. For years, grocers have unilaterally imposed fees on their suppliers, with questionable excuses. While grocers maintained a hard line to protect margins,…
McCain Foods ups the ante in TruLeaf Sustainable Agriculture
We learned recently that McCain Foods has upped the ante in TruLeaf Sustainable Agriculture and its wholly-owned subsidiary GoodLeaf Farms, Canada’s largest commercial vertical farming operation. McCain has invested $65 million in GoodLeaf, making it the single largest shareholder in the venture. The idea is to create a national network of sustainable vertical farms that…
Couche-Tard has a reputation of generating value by polishing hidden gems in companies like Carrefour
We heard this week that Alimentation Couche-Tard is looking at acquiring European-based Carrefour, the seventh largest food retailer in the world. Buying a grocery chain would be a significant departure from what Couche-Tard is known for. A non-binding, friendly offer of $25 billion was sent to Carrefour. Couche-Tard is all about the convenience store economy.…
The food industry is in a much better position going into a second phase of lockdowns. But some risks remain
Many Canadian regions will likely go through a second COVID-19 lockdown soon. And questions about the resiliency of our food supply chain are emerging again. With potentially 60,000 new COVID-19 national cases a day within weeks, it seems inevitable. Further lockdowns could well include even the Atlantic bubble. The COVID-19 virus knows no borders and…
Major grocers are off-loading in-store and digital operations costs unto suppliers
Major Canadian grocers in Canada are at it again. After Walmart and Metro, it was Loblaw’s turn to make changes to its vendor policies, implementing new fees to support a $6-billion plan to improve its in-store and digital operations. A letter written by Loblaw Companies president Sarah Davis was leaked to the media. Over the…