logo
Protein Industries Canada and Nurasa Launch Program to Expand Global Reach of Canadian Plant-Based Companies into the Asia-Pacific Market

Protein Industries Canada and Nurasa Launch Program to Expand Global Reach of Canadian Plant-Based Companies into the Asia-Pacific Market

Toronto Star4 days ago
Singapore, Aug. 01, 2025 (GLOBE NEWSWIRE) — Today at an event in Singapore, witnessed by Minister MacDonald, Minister of Agriculture and Agri-Food Canada, Protein Industries Canada announced a new international partnership with Nurasa, a leading food innovation and commercialization partner based in Singapore. The partnership will help Canadian companies accelerate entry into the fast-growing Asia-Pacific market—one of the world's largest and most dynamic regions for plant-based food innovation.
'Canadian innovation is driving the global shift toward sustainable food solutions.' Said the Honourable Melanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions. 'By supporting our plant-based companies as they expand into new markets like the Asia-Pacific, we are helping them scale up, create good jobs at home, and showcase Canadian expertise on the world stage. This partnership is another example of how the Global Innovation Clusters are helping Canadian businesses succeed both at home at abroad, driving Canada's leadership in industries of the future.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

These Were the 5 Biggest Companies in 1989, and Here Are the 5 Biggest Companies Now
These Were the 5 Biggest Companies in 1989, and Here Are the 5 Biggest Companies Now

Globe and Mail

time25 minutes ago

  • Globe and Mail

These Were the 5 Biggest Companies in 1989, and Here Are the 5 Biggest Companies Now

Key Points Japanese banks were riding high thanks to an asset bubble in the country that lasted until 1991. The top five most valuable companies today are all tech giants. 10 stocks we like better than Nvidia › A lot has changed in the world since 1989. In that year, Seinfeld and The Simpsons had just premiered, while Nintendo launched the Game Boy. Taylor Swift hadn't even been born yet. The world's most valuable companies also looked a lot different back then, with four of the world's five largest public companies being Japanese banks. ExxonMobil (then just "Exxon"), rounded off the list: Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Company Market Cap Industrial Bank of Japan $104.3 billion Sumitomo Bank $73.3 billion Fuji Bank $69.4 billion Dai-Ichi Kangyo Bank $60.0 billion Exxon $63.8 billion Data source: Statista. A large reason Japanese banks were valued so highly back then was the Japanese asset price bubble that lasted from 1986 to 1991. Today, the tide has shifted, and it's large tech stocks dominating the list. Data source: CompaniesMarketCap. Aside from the industry shift, what stands out is just how much these tech companies are worth compared to their 1989 counterparts. Even adjusted for inflation, the Industrial Bank of Japan's market cap increases to approximately $270 billion in today's dollars -- Nvidia is worth over 15 times that much. Part of the reason for this difference has to do with how long these tech companies have been in the market, allowing their valuations to grow over time. Another part is investors are rewarding future growth and market dominance over what many may consider fundamentals (for better or worse). Tech stocks will likely dominate the "most valued companies" list for quite some time. The only non-tech companies to crack the top 10 as of this writing are state-owned energy company Saudi Aramco and Berkshire Hathaway. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* Now, it's worth noting Stock Advisor's total average return is 1,019% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025

Rising prices, growing hunger
Rising prices, growing hunger

Winnipeg Free Press

timean hour ago

  • Winnipeg Free Press

Rising prices, growing hunger

Opinion A trip to the grocery store is getting more expensive all the time. Food prices are expected to rise by three to five per cent in Canada this year alone, with meat and vegetables leading the way. Buying cheaper food brings its own risks, as poor nutrition can lead to other health problems and a notable drop in school performance for children. As Canadians struggle with rising food prices, we can empathize with people in other countries where prices are rising more than twice as fast, as revealed in this year's State of Food Security and Nutrition in the World (SOFI) report, published Monday by the UN's Food and Agriculture Organization. Across Africa as a whole, where hunger is growing the fastest, people had to pay an average of 37 per cent more for a healthy diet in 2024 than in 2019. The rising cost of food is due to factors beyond the control of individual families, with the biggest causes being changes in climate, government policies, and geopolitical conflicts. In many African countries, a large percentage of the population work in the agriculture and food system — growing, processing, transporting, and selling food. Most farmers have less than five hectares of land to grow food for their families, hoping to produce enough extra food to sell for income. One failed rainy season, or a fuel shortage making food transport difficult, means less food at home, and more expensive food in the market. Families struggling financially might cope by cutting back on expensive foods like vegetables and meat, instead eating more rice or porridge — filling the belly, but lacking nourishment for growing minds. Mothers often skip meals so their kids can eat, and when desperation hits, families sell their land or assets to buy food, putting their future livelihood at risk. Canada and other industrial countries aim to reduce global hunger by providing food assistance in crisis situations and investing in agriculture and food systems to reduce hunger over the long term. But with countries like Germany, the United Kingdom, the United States, and other nations making significant cuts to their international aid budgets this year, there will be fewer resources to meet increasing needs. The Canadian Foodgrains Bank, with support from the Canadian government and thousands of Canadians across the country, helps over one million people in 37 countries to eat better each year. In contexts of crisis, such as in Gaza, this looks like emergency food assistance baskets provided for 143,000 people with support from two Foodgrains Bank members. 'I walked more than five kilometres to receive this package because it came at a critical time… I didn't know what I would feed my children today,' says project participant Nasim (a pseudonym used for security reasons). Our work also includes provision of longer-term agriculture and livelihood support to improve food security in countries like the Democratic Republic of the Congo. 'I no longer go to (the) market for vegetables … I am walking on the path to food security,' says project participant Hélène, who built her own kitchen garden and influenced many others in her community to adopt conservation agriculture farming techniques. While several partners supported by Foodgrains Bank members were impacted by the USAID cuts earlier this year — including Church World Service Africa, which lost over 500 staff in Kenya — we're inspired by their continued commitment to serving the most vulnerable. Canada has long stood at the forefront of the fight against hunger, driving lasting change and fostering stability and prosperity around the world. As others step back, Canada must step forward to fill critical gaps emerging in humanitarian and development funding. By prioritizing support for small-scale farmers and delivering food aid where it's needed most, Canada can help ensure no one is left behind in the mission to build a more secure, equitable world — one where food is affordable and accessible for all. Paul Hagerman is the Director of Public Policy at Canadian Foodgrains Bank. He joined in 2007 and now oversees advocacy work on food security issues within the organization. Prior to his work with the Foodgrains Bank, Paul worked in agriculture for over 20 years in Canada, Africa, Asia and the Caribbean.

International Petroleum Corporation Announces Second Quarter 2025 Financial and Operational Results and Releases Sustainability Report
International Petroleum Corporation Announces Second Quarter 2025 Financial and Operational Results and Releases Sustainability Report

Toronto Star

time2 hours ago

  • Toronto Star

International Petroleum Corporation Announces Second Quarter 2025 Financial and Operational Results and Releases Sustainability Report

TORONTO, Aug. 05, 2025 (GLOBE NEWSWIRE) — International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operational results and related management's discussion and analysis (MD&A) for the three and six months ended June 30, 2025. IPC also released its sixth annual Sustainability Report detailing IPC's sustainability approach and initiatives. William Lundin, IPC's President and Chief Executive Officer, comments: 'IPC continued to achieve strong operational and financial performance during Q2 2025 across all of our operations in Canada, Malaysia and France. Our operating and financial results during the quarter were in line with the 2025 guidance announced at our Capital Markets Day in February as we continue to execute according to our budget and planned work program. The Blackrod Phase 1 development project in Canada continues to progress as planned. We have completed around 85% of the current normal course issuer bid to the end of July 2025, having repurchased and cancelled over 5.3% of our outstanding shares since December 2024. IPC now has fewer outstanding shares than at inception in April 2017 and we have not only grown our production and asset base substantially since that time, but we also look forward to the upcoming completion of the transformational Blackrod Phase 1 project.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store