Food in Canada this week: Milk prices to rise two cents a litre this fall

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Milk prices to rise two cents a litre this fall

The Canadian Dairy Commission approves a rare second milk price increase this year. Farm gate milk prices will go up 2.5 per cent on September 1. The increase comes after milk prices rose six cents per litre, or roughly 8.4 per cent, on February 1. » Read full article

Chinova Bioworks raises $6M in series A investment

Chinova Bioworks closes a $6 million series A funding round. DSM Venturing and Rhapsody Venture Partners co-led the round of funding. Rich Products Ventures also participated in the financing. » Read full article

Rachel Ferdinando named president of PepsiCo Foods Canada

The North American divisions of PepsiCo—Frito-Lay North America, PepsiCo Beverages North America and Quaker Foods North America—announces several leadership changes. Rachel Ferdinando joins PepsiCo Foods Canada as president. » Read full article

Coke Canada Bottling to invest $42 M in B.C. facility

Coca-Cola Canada Bottling is making capital investments of close to $42 million in its Lower Mainland operations to help the company meet the evolving needs of customers in British Columbia and enable its capability to grow in the market. » Read full article

Health startup offers flagship cardiovascular support formula to F&B manufacturers

Infuse Your Life Health Products, a Canadian-based health product and beverage startup, is now offering its flagship, Health Canada-approved, cardiovascular support proprietary blended liquid formula to food and beverage companies as well as ingredient suppliers. » Read full article

Roquette launches new rice protein

Roquette launches a rice protein range. The Nutralys rice protein range, composed of a rice protein isolate and a rice protein concentrate, will be first available in North America and Europe. » Read full article

Ben & Jerry’s joins Pack4Good initiative

Ben & Jerry’s becomes the first food brand to join the Pack4Good initiative, committing to ensure its paper packaging does not come at the expense of the world’s most vital forest ecosystems. Instead, the company will focus on reducing waste and employing next-generation packaging solutions. » Read full article

New opportunities for Canadian oats in the plant-based food sector

A Canadian Food Innovation Network Emerging Science Research Cluster project found a way to use a pure aqueous or water-based process to separate protein from non-protein components of oats, like starch and bran, and extract it from the low bran oat flour. » Read full article

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