Antitrust regulators in both Canada and the U.S. have fixed their seals of official inaction on ketchup giant H.J. Heinz’s play for control of Kraft Foods Group. Canada’s Competition Bureau has confirmed that it wrapped its review of the proposed deal and issued its “no action” letter to the companies on Wednesday. A “no action” […] Read more
Canadian, U.S. regulators clear Heinz and Kraft merger
Canada preparing shorter list of tariff targets in COOL fight
Winnipeg | Reuters — Canada is whittling down its list of U.S. products that it may hit with steep tariffs in retaliation against contentious meat-labeling laws, Agriculture Minister Gerry Ritz said on Tuesday. The Canadian government is likely to target beef, pork, California wines, mattresses, cherries and office furniture, possibly along with other goods, from […] Read more
Potato ‘fields’ clarified for cross-border trade
Canadian and U.S. food inspectors have agreed on what they mean by a “field” in any restrictions they place on potato trade on account of potato cyst nematodes. The Canadian Food Inspection Agency (CFIA) and U.S. Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) on Tuesday announced new revisions to their Guidelines on Surveillance and Phytosanitary […] Read more
McDonald’s reset to change structure, cut costs, boost franchises
Reuters — McDonald’s Corp.’s new CEO said on Monday he would reorganize business units, sell restaurants to franchisees and cut costs in a bid to turn the fast-food chain into a “modern, progressive burger company.” The anticipated video announcement by CEO Steve Easterbrook left investors hungry for specific details on how the world’s biggest restaurant […] Read more
Dow to sell AgroFresh for $860M in asset-sale drive
Reuters — Dow Chemical said it would sell its AgroFresh unit, which makes chemicals that keep farm produce fresh, for US$860 million as part of a plan to divest less-lucrative units. The company said it was selling the business to Boulevard Acquisition Corp., a blank-check company formed by investment firm Avenue Capital Group. Philadelphia-based AgroFresh […] Read more
EU lawmakers urge calorie content labels to cover alcohol
Brussels | Reuters — European beer, wine and spirits makers should inform consumers about the amount of calories in their drinks via clear labelling, EU lawmakers said Wednesday. Most foods and drinks are subject to legislation mandating labels with nutritional and ingredient information, but alcoholic drinks are exempt. The European Parliament voted in favour of […] Read more
China’s wine growers beat France into second place
Paris | Reuters — China overtook France last year as the world’s second largest wine grower by area under cultivation as it continued to plant vast fields of mostly imported grape vines to meet growing demand. The world’s second largest economy, which since 2013 consumes more red wine than any other country, has more than […] Read more
Leafy greens eyed in E. coli outbreak
Federal health officials suspect leafy greens as a possible culprit in sickening 12 people in Canada, mainly in Alberta, with E. coli poisoning. The Public Health Agency of Canada on Wednesday said it’s considering a “possible link” to greens, such as lettuce, spinach, chard, kale or arugula, in 12 cases of E. coli O157:H7 poisoning […] Read more
A tale of success, and how greed can overpower common sense
Dutch entrepreneur learns a hard lesson about family dynamics and the need to put things in writing
Reading Time: 3 minutes Edda sat at my kitchen table, the tears streaming down her face. A young innovator from the Netherlands, she seemed to have it all — a successful business, access to land, her own cattle herd, and a fabulous boyfriend. What could be the problem? Like many young and passionate innovators I’ve met and mentored in […] Read more
Health Canada clears Canadian firm’s ‘non-browning’ apples
A Canadian company’s genetically modified “non-browning” apples have picked up federal approval for commercial sale after review from Health Canada and the Canadian Food Inspection Agency. The Arctic apple, developed by Okanagan Specialty Fruits and submitted for federal approval in 2011, “is safe for consumption, still has all its nutritional value and therefore does not […] Read more