Three Farmers, a company that produces various roasted bean and pulse snacks, just received a sizeable investment totalling $6.2 million between multiple investors including $3 million from Arlene Dickinson’s company, District Ventures Capital. The founded-on-the-Prairies company, led by three farmers and two sisters, embodies one vision that has been built from the ground up, quite… Read More

The Minister of Agriculture And Agri-Food Canada (AAFC), Marie-Claude Bibeau, alongside other ministers responsible for Northern Affairs, Prairies Economic Development Canada, and the Canadian Northern Economic Development Agency, have launched a new phase of the Local Food Infrastructure Fund (LFIF). The new phase includes funding up to $20 million available over the next two years…. Read More

The City of Kingston, Ont. has launched a multi-year, multi-faceted strategy for its rural and agriculture economic development. The strategy includes the hiring of Tracey Snow as rural economic and community development manager. It means the strategy will have one person, dedicated full-time to steering the projects going forward. Kingston, a city of about 135,000,… Read More

The federal government has re-opened applications for the Local Food Infrastructure Fund. Beginning Monday July 12, an additional $10 million in funding will be handed out in grants of between $15,000 and $100,000. Each project must be designed to “help prevent hunger through investments in infrastructure needs.” Project impacts must be targeted, immediate, and directly… Read More

Thirty-six Longo’s locations in Ontario have been sold to Empire Company Limited. The deal, initially worth $357 million for 51 per cent is based on an enterprise value of $700 million, including the e-commerce site Grocery Gateway. Longo’s will continue to be operated by the Longo’s leadership team, led by president and CEO, Anthony Longo, the company says. Empire… Read More

Meat and Poultry Ontario (MPO) is launching a project to identify opportunities to increase meat processing capacity in Ontario. The $127,000 project, funded through the federal/provincial Canadian Agricultural Partnership, is aimed at addressing a growing demand for abattoir services across the province, including the north. MPO has begun researching a strategy that pairs skills development with… Read More

EMERGE Commerce Ltd. has closed a $16.8 million acquisition of all the issued and outstanding shares of truLOCAL Inc., a direct-to-consumer, locally sourced meat subscription service in Canada. The company was recently ranked as Canada’s 14th fastest growing company for 2017-2019 by the Globe and Mail, and is expanding into the U.S Ghassan Halazon, EMERGE founder and… Read More

 

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