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By Alice McFarlane

Agriculture Roundup

Agriculture Roundup for Thursday February 2, 2023

Feb 2, 2023 | 11:22 AM

MELFORT, Sask. – A Quebec company has purchased an Innisfail, Alta. processing plant and major lamb feedlot.

Préval AG is owned by Alexandre Donald, and Fabien Fontaine. Their company has more than $720 million in annual sales.

The deal is good news for lamb producers, as the Innisfail processing plant formerly known as SunGold Speciality Meats is the only federally inspected plant in Western Canada.

Préval AG, headquartered in Saint-Hyacinthe, has more than 1,400 employees, many working for companies it has acquired. Its products include veal, lamb, and beef sold under brands such as Famille Fontaine and Catelli Brothers, as well as market vegetables and grain.

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The federal agriculture minister met with representatives from 22 industry associations this week to discuss the creation of the Indo-Pacific Agriculture and Agri-Food Office.

Marie-Claude Bibeau said this represents a $31.8 million investment under the federal government’s new Indo-Pacific Strategy (IPS).

During the meeting, Agriculture and Agri-Food Canada (AAFC) and the Canadian Food Inspection Agency (CFIA) discussed the office’s goals of increasing and diversifying Canada’s agriculture and agri-food exports and strengthening trade.

The industry representatives shared their perspectives on market priorities for the region, their international trade goals, and their input on how the new office can support their businesses.

The feedback will help with the early-stage planning and implementation of the initiative.

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alice.mcfarlane@pattisonmedia.com

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