Maple Leaf’s pork business spinoff, Canada Packers Inc., began trading on the Toronto Stock Exchange on Thursday.<\/p>\n
The shares, which trade under the symbol CPKR, were trading at $17.49 in the afternoon, after going for more than $20 earlier in the day.<\/p>\n
Maple Leaf completed the spinoff of its pork operations on Wednesday.<\/p>\n
The new stand-alone company, which will focus on hog production and processing, is being led by Dennis Organ, who joined Maple Leaf Foods in February 2023 as president of the pork complex.<\/p>\n
Maple Leaf Foods is keeping a 16 per cent stake in Canada Packers and the two companies have entered into an evergreen supply agreement.<\/p>\n
It will also be an anchor customer for Canada Packers which will supply pork for its prepared meats business.<\/p>\n
The spinoff will allow Canada Packers more opportunities for growth and innovation, Organ said in a release on Wednesday.<\/p>\n
Pork has been crucial to Maple Leaf’s business. In August, the company announced a profit in its second quarter compared with a loss a year earlier as pork markets steadied.<\/p>\n
Reducing costs related to raising hogs and processing are among the primary objectives for Canada Packers after the spinoff, Organ had told analysts last year.<\/p>\n
Now, Maple Leaf will be a more focused brand-led consumer packaged goods company, with a portfolio that consists of the prepared meats business, which houses brands like Maple Leaf and Schneiders; the poultry business; and the plant protein category.<\/p>\n
This report by The Canadian Press was first published Oct. 2, 2025.<\/p>\n
Companies in this story: (TSX:CPKR, TSX:MFI)<\/p>\n
The Canadian Press<\/p>\n","protected":false},"excerpt":{"rendered":"Maple Leaf’s pork business spinoff, Canada Packers Inc., began trading on the Toronto Stock Exchange on Thursday. The…\n","protected":false},"author":2,"featured_media":185704,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[45,49,48,93346,93348,93347,93349,35166],"class_list":{"0":"post-185703","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-ca","10":"tag-canada","11":"tag-canada-packers","12":"tag-dennis-organ","13":"tag-maple-leaf","14":"tag-pork-business","15":"tag-toronto-stock-exchange"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/185703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=185703"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/185703\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/185704"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=185703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=185703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=185703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}