Economic Radar - Q1 2011

Food processing

 

BioQuébec labeling soon to be seen on the shelves

BioQuébec labeling soon to be seen on the shelves

After the Aliments Québec logo, its BioQuébec relative will soon hit the supermarket shelves. With this new labeling, Québec's biological industry hopes to convince "bio-skepticals", in this era of abundant so-called natural products.

 

La Maison Orphée has been awarded a prize

La Maison Orphée has been awarded a prize

The company has been awarded the "Prix du Mérite commercial Desjardins", a prize that honors the success and dynamism shown by businesses from the Capitale-Nationale, Kamouraska and the Chaudière-Appalaches regions.

 

Vigneault Chocolatier:  $1,3 Million expansion project

Vigneault Chocolatier: $1,3 Million expansion project

Still in expansion mode, Vigneault Chocolatier, a Québec-City company specialized in biological chocolate manufacturing, has just received a $500,000 help from the "Fonds d'investissement en transformation alimentaire (FITA)" to complete the financing of its $1,3 million expansion project.

 

An eventful mission at Natural Product Expo West

An eventful mission at Natural Product Expo West

It's no less than 6 businesses and organizations that had recently attended the the Natural Product Expo West (NPEW), held in Anaheim, California. Vigneault Chocolatier, Krispy Kernels, INAF, Nutra-Canada, Pâtisserie Michaud and Aliksir were part of this mission.

For this occasion, staff from the Quebec Government Delegation in Los Angeles provided a complete overview of the health food market in Califormia. Six health food stores were thus visited, on the way between Los Angeles and Anaheim.

Anaheim's NPEW is the largest health products conference in the world. Last edition saw an all-time attendance and exhibitors record, with numbers reaching more than 58,000 industry actors and 3533 exhibitors. Aside from discovering various products and innovative ingredients as well as attending relevant conferences, the mission's participants also had the chance to meet important West Coast distributors. They came back with many samples, business cards and, most of all, with tons of new projects.

 

Laura Secord's appetite

Laura Secord's appetite

Mr Jean Leclerc, President of Laura Secord, wants to double the Canadian chocolate maker's revenues within 5 years. He also foresees the possibility to produce cookies competing with his own's Biscuits Leclerc.

 

Agrifood, a mainstay in the Quebec economy

As we know, Quebec's manufacturing sector has been severely affected over the past few years. Globalization, the rise of the Canadian Dollar, the forest industry's problems as well as the economic downturn have all hurt manufacturers from Quebec. Still, there is a glimmer of hope: agrifood, with a growth that has not only revealed it as a mainstay of the maufacturing sector but also of the whole economy of the province.

 

Could Our Maple Syrup Be the Next Superfood?

Researchers from the University of Rhode Island (URI) have now identified 54 compounds in Canadian maple syrup, double the amount previously reported, and many with antioxidant properties and potential health benefits. In laboratory studies, they acted as anti-cancer and anti-inflammatory agents.