Lassonde Industries Inc. announces election of directors
ROUGEMONT, Quebec, May 16, 2025 (GLOBE NEWSWIRE) -- Lassonde Industries Inc. (TSX: LAS.A) ('Lassonde') announces that the nominees listed in the management proxy circular dated March 27, 2025 were elected as directors of Lassonde. The detailed results of the vote for the election of directors held today at its Annual General Meeting, are set out below.
Nominees VOTES FOR VOTES AGAINST
Guy Bélanger 39,576,618 99.99% 1,174 0.01%
Denis Boudreault 39,277,470 99.24% 300,321 0.76%
Paul Bouthillier 39,358,352 99.45% 219,439 0.55%
Luc Doyon 39,570,864 99.98% 6,928 0.02%
Nathalie Lassonde 38,451,778 97.15% 1,126,014 2.85%
Pierre-Paul Lassonde 38,650,121 97.66% 927,671 2.34%
Pierre Lessard 39,387,925 99.52% 189,867 0.48%
Nathalie Pilon 39,528,482 99.87% 49,310 0.13%
About Lassonde
Headquartered in Canada and with operations across North America, Lassonde Industries Inc. is a leader in the food and beverage industry in North America. The Corporation develops, manufactures, and markets a wide range of national brand and private label products, including fruit juices and drinks, specialty food products, and fruit-based snacks. Lassonde also manufactures and markets cranberry sauces as well as selected wines, ciders and other alcoholic beverages. Altogether, Lassonde distributes over 3,500 unique products in approximately 200 formats across shelf-stable, chilled, and frozen categories.
The Corporation's go-to-market strategy consists of (i) retail sales to food retailers and wholesalers such as supermarket chains, independent grocers, superstores, warehouse clubs, convenience stores, and major pharmacy chains and (ii) food service sales to restaurants, hotels, hospitals, schools, and wholesalers serving these institutions.
Lassonde operates 19 plants located in Canada and the United States through the expertise of over 2,900 full-time equivalent employees. To learn more, visit www.lassonde.com.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CTV News
34 minutes ago
- CTV News
Trump clears path for Nippon Steel investment in US Steel, so long as it fits the government's terms
WASHINGTON — U.S. President Donald Trump on Friday signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a 'national security agreement' submitted by the federal government. Trump's order didn't detail the terms of the national security agreement. But U.S. Steel and Nippon Steel said in a joint statement that the agreement stipulates that approximately US$11 billion in new investments will be made by 2028 and includes giving the U.S. government a 'golden share' — essentially veto power to ensure the country's national security interests are protected. 'We thank President Trump and his Administration for their bold leadership and strong support for our historic partnership,' the two companies said. 'This partnership will bring a massive investment that will support our communities and families for generations to come. We look forward to putting our commitments into action to make American steelmaking and manufacturing great again.' The companies have completed a U.S. Department of Justice review and received all necessary regulatory approvals, the statement said. 'The partnership is expected to be finalized promptly,' the statement said. The companies offered few details on how the golden share would work and what investments would be made. Trump said Thursday that he would as president have 'total control' of what U.S. Steel did as part of the investment. Trump said then that the deal would preserve '51 per cent ownership by Americans.' The Japan-based steelmaker had been offering nearly $15 billion to purchase the Pittsburgh-based U.S. Steel in a merger that had been delayed on national security concerns starting during Joe Biden's presidency. Trump opposed the purchase while campaigning for the White House, yet he expressed optimism in working out an arrangement once in office. 'We have a golden share, which I control,' said Trump, although it was unclear what he meant by suggesting that the federal government would determine what U.S. Steel does as a company. Trump added that he was 'a little concerned' about what presidents other than him would do with their golden share, 'but that gives you total control.' Still, Nippon Steel has never said it was backing off its bid to buy and control U.S. Steel as a wholly owned subsidiary. The proposed merger had been under review by the Committee on Foreign Investment in the United States, or CFIUS, during the Trump and Biden administrations. The order signed Friday by Trump said the CFIUS review provided 'credible evidence' that Nippon Steel 'might take action that threatens to impair the national security of the United States,' but such risks might be 'adequately mitigated' by approving the proposed national security agreement. The order doesn't detail the perceived national security risk and only provides a timeline for the national security agreement. The White House declined to provide details on the terms of the agreement. The order said the draft agreement was submitted to U.S. Steel and Nippon Steel on Friday. The two companies must successfully execute the agreement as decided by the Treasury Department and other federal agencies that are part CFIUS by the closing date of the transaction. Trump reserves the authority to issue further actions regarding the investment as part of the order he signed on Friday. Associated Press writer Marc Levy in Harrisburg, Pa., contributed to this report Josh Boak, The Associated Press
CBC
36 minutes ago
- CBC
Information about TFSA contribution limits now available, says the CRA
The Canada Revenue Agency (CRA) says it has resolved an issue that prevented people from seeing how much contribution room they had left in their tax-free savings accounts (TFSAs). That information first became unavailable on April 17. CRA spokesperson Charles Drouin told CBC News in an email that the federal agency introduced a new data validation process this year to ensure that tax information submitted to them is accurate. "Upfront validations now advise these filers of errors with their information return submission in real-time and prevent the submission of invalid returns," Drouin wrote. He said the new system would ultimately improve the quality of the data the Canada Revenue Agency receives and allow for any errors to be corrected faster. But he added that "stricter validations and new processes caused delays in receiving and processing the information returns. As a result, there have been delays in processing TFSA annual information returns this year." Each year, Canadians 18 or older get more contribution room in their tax-free savings accounts, which shield investments from taxes. In 2025, for example, the new contribution limit was $7,000. If someone was 18 in 2009 – the year the the savings accounts were introduced – has lived in Canada since then and never contributed to their TFSA, their total contribution limit would be $102,000 as of Jan. 1, 2025. If someone didn't properly track their contributions over the years, though, they could risk going over their limit, which comes with a one per cent interest penalty per month for those funds over the limit. The CRA website notes that posted contribution limits do not take into account any contributions to the TFSA made since Jan. 1, 2025.
CBC
an hour ago
- CBC
How much does the G7 benefit host communities in the long-term?
Hotel rooms in Calgary and the Bow Valley are filling up as delegates, journalists and security personnel arrive for the G7 in Kananaskis, which starts Sunday. The summit could generate around $240 million for Alberta's economy, according to the Calgary Chamber of Commerce, with a long-term boost to tourism expected as potential visitors around the world get a look at the area's natural beauty. But the costs of hosting a summit are massive, and all costs are covered by the host country. The last time Kananaskis hosted the summit, its price tag was estimated at $300 million. Canada last hosted the summit in La Malbaie, Que., in 2018, when it budgeted $600 million. "When we talk about economic benefits, we have to talk about economic costs as well," said Frédéric Dimanche, a professor in the department of hospitality and tourism management at Toronto Metropolitan University, on CBC Calgary's The Homestretch Thursday. Dimanche said Kananaskis and the surrounding area already attracts visitors from around the world, and he's not sure this year's summit will provide the long-lasting boost some are expecting. "Does anyone remember when the last G7 took place and where it took place?" he said. "We have to be very careful when we say that having an event like this is going to lead to a big increase in visitation." Some tourism executives who worked on past summits said there are benefits, but puzzling out the long-term impacts isn't straightforward. 'Difficult to calculate' economic impact in Charlevoix, Que. Hosting the 2018 G7 made Charlevoix, Que., "more visible" on the international stage, according to the general manager of Tourism Charlevoix, Mitchell Dion. "At one point you have everybody in the world watching this event," he said. "It was a way for us to connect with media [outlets] and organize press tours, media tours of the region, to talk, yes, about the political event, but also about the region." But the community has not been able to quantify the economic benefits of that exposure, Dion added. "It's really difficult to calculate even years after. But of course there [were] really some short-term impacts." Lodging tax revenue increased due to the summit, and Dion said Charlevoix locals also benefited from improvements to infrastructure — such as roads and cell towers. Cornwall, U.K., saw benefits, no huge tourism boom Malcolm Bell was the chief executive of Visit Cornwall when the coastal English county hosted the summit in 2021. He said the attention surrounding the summit didn't spark a massive tourism boom, but added it did allow the area to show off its natural beauty. "We were able to expose the [world] and journalists to the sort of natural cliffs and sandy beaches," said Bell. "We had this sort of worldwide coverage that there was this beautiful place ... called Cornwall." Bell added if Cornwall had to pay for the kind of publicity it received from hosting the G7, it would have cost about $111 million Cdn. After the summit, more travel companies from the U.S., Canada, Germany and Italy added Cornwall to their U.K. tour itineraries, he said, especially those designed to accommodate tourists who've already visited the U.K. and seen the famous attractions. "That's been the big growth area," said Bell. "We got a lot more Italians, lot more Canadians." He recommends summit hosts snap plenty of photos of world leaders in front of iconic landmarks and use them to inspire tourists to follow in their footsteps. Canmore, Kananaskis hoping to attract overseas visitors Tourism Canmore Kananaskis aims to use the summit to improve the area's "brand recognition" around the world. "We are working very hard to attract more international visitors, especially from the United States, the U.K., Germany and France," said CEO Rachel Ludwig. "We know that they are staying longer and spending more money. Having that news coverage about the area, hopefully, we'll get that additional boost for years to come." Hotels in Canmore and Kananaskis were on average 74 per cent full in 2024 — up 11 per cent from 2019 levels — according to Tourism Canmore Kananaskis' 2025 business plan. But with new accommodation options expected to open in the coming years, Ludwig said the region will have the space to welcome more visitors. "There's a lot of short-term vacation inventory that will come online in the next few years. So we're definitely ready to grow," she said.
