07:17:38 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Maple Leaf Foods Inc
Symbol MFI
Shares Issued 122,704,659
Close 2024-04-01 C$ 22.41
Market Cap C$ 2,749,811,408
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Maple Leaf Foods applauds Canada's school food program

2024-04-01 18:00 ET - News Release

Ms. Sarah Stern reports

MAPLE LEAF FOODS AND THE MAPLE LEAF CENTRE FOR FOOD SECURITY COMMEND THE GOVERNMENT OF CANADA'S INVESTMENT IN A NATIONAL SCHOOL FOOD PROGRAM

Maple Leaf Foods Inc. and the Maple Leaf Centre for Food Security have commended the government of Canada on its announcement today to invest $1-billion over the next five years to establish a National School Food Program. Working with provinces and territories, this investment will broaden existing school food programs to reach an additional 400,000 children across Canada.

"Maple Leaf Foods and the Maple Leaf Centre for Food Security are thrilled and thankful that the federal government has acted on their commitment to create a National School Food Program," said Sarah Stern, executive director of the Maple Leaf Centre for Food Security.

"Food insecurity is at crisis levels in Canada, with one in four children living in a food insecure home," continued Ms. Stern. "Food security is fundamental to health and dignity, as well as academic, social and economic potential. Historically, Canada has been the only G7 country without a national school food program. This leadership and action on the part of the federal government addresses this failing and further strengthens our societal net, so that more children in Canada will have the potential to learn and succeed."

"This commitment builds on decades of work by tireless advocates in the food security sector, who have persevered in their work to see a healthy meal offered in every school. Their vision has been crucial to realizing this important public policy milestone."

"We look forward to working with school food experts, the provinces, territories and federal government to establish a healthy meal program in every school, which will deliver immediate benefit to the millions of children and their families struggling with food insecurity."

"We will continue to work with the federal, provincial and territorial governments to build on this momentum and take further steps to reduce food insecurity in Canada. We urge governments to set a target to reduce food insecurity by 50 per cent by 2030," concluded Ms. Stern.

About the Maple Leaf Centre for Food Security

Launched in 2016, the Maple Leaf Centre for Food Security is a registered charity committed to working collaboratively to reduce food insecurity in Canada by 50 per cent by 2030. The centre advocates for critical public policies and invests in knowledge building and programs that advance the capacity of people and communities to achieve sustainable food security. The centre has directly financed more than 30 projects across the country, committing more than $13-million to increase access to good food and reduce food insecurity.

About Maple Leaf Foods Inc.

Maple Leaf Foods is a carbon neutral company with a vision to be the most sustainable protein company on earth, responsibly producing food products under leading brands including Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Schneiders Country Naturals, Mina, Greenfield Natural Meat Co., Lightlife and Field Roast. The company employs approximately 13,500 people and does business primarily in Canada, the United States and Asia. The company is headquartered in Mississauga, Ont., and its shares trade on the Toronto Stock Exchange (MFI).

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