Gay Lea

Supply-managed sectors to receive compensation for the impacts of the Canada-United States-Mexico Agreement (CUSMA)

Retrieved on: 
Thursday, November 17, 2022

Dairy, poultry and egg processors and producers are expected to share more than $1.7billion in direct payments and investment programs.

Key Points: 
  • Dairy, poultry and egg processors and producers are expected to share more than $1.7billion in direct payments and investment programs.
  • The Government intends to offer dairy producers funding of up to $1.2billion over six years under the Dairy Direct Payment Program to account for the impacts of CUSMA.
  • Producers will receive funding based on their quota holdings, to support improvements to their farm businesses.
  • Through the 2022 Fall Economic Statement, the Government announced up to $1.7 billion in compensation to supply-managed sectors for the impacts of CUSMA.

The Very Good Food Company Completes Acquisition of The Cultured Nut

Retrieved on: 
Wednesday, February 24, 2021

Cultured Nut is a plant-based cheese company with multiple innovative products in the market including block style cheeses, cream cheese and a plant-based butter, along with numerous products in development.

Key Points: 
  • Cultured Nut is a plant-based cheese company with multiple innovative products in the market including block style cheeses, cream cheese and a plant-based butter, along with numerous products in development.
  • With the entire plant-based food industry growing at a rapid pace, the acquisition of the Cultured Nut is very timely and is an excellent complement to the Company's existing product categories.
  • Mitchell Scott, CEO, commented: "The acquisition of Cultured Nut allows VERY to efficiently enter into the dairy alternatives space.
  • The Very Good Food Company Inc. is an emerging plant-based food technology company.

Canadian dairy sector failed again by Ottawa – Gay Lea Foods

Retrieved on: 
Wednesday, April 29, 2020

When I left a meeting with the Prime Minister in February, I thought he understood that a shortened implementation period of the dairy concessions now only 31 days was not what Canada negotiated, said Rob Goodwill, Chair of Gay Lea Foods.

Key Points: 
  • When I left a meeting with the Prime Minister in February, I thought he understood that a shortened implementation period of the dairy concessions now only 31 days was not what Canada negotiated, said Rob Goodwill, Chair of Gay Lea Foods.
  • In order to sustain the needed supply of butter, cheese, yogourt and other dairy products for Canadians, our industry must also find a market for the remaining milk components, said Michael Barrett, President & CEO of Gay Lea Foods.
  • Gay Lea Foods calls on the Prime Minister to urgently convene a meeting with dairy industry leaders to confirm the action plan to ensure we continue to have a viable, functioning dairy sector in Canada.
  • Gay Lea Foods is a 100% Canadian-owned and operated dairy co-operative with members on 1,400 dairy farms in Ontario and Manitoba, and more than 1,000 employees across Canada.