In the Spotlight - Maple Leaf Foods
When Michael McCain stepped into the Maple Leaf boardroom in the late 1990s after his family took a controlling stake in the Canadian food group it seems unlikely that he could have been aware of...
Canada Bread, the Canadian bakery group controlled by Maple Leaf Foods, today (24 July) posted a 49.2% slump in half-year earnings as wheat and fuel costs hit the business.
Maple Leaf Foods saw underlying profits almost halve during the first half of 2008 thanks to soaring grain and fuel costs.
Maple Leaf Foods has commenced the formal process to sell its Ontario-based pork processing business.