Canada Packers reports Q2 loss amid market challenges

Canada Packers Inc. has reported its financial results for the 13-week and 26-week periods ending June 27, 2026.Second quarter highlightsSales of $431.7 million. Prior year Q2 sales of $473.2 million included operations that were not acquired by the company in connection with the spin-off from Maple Leaf Foods. Loss of $28.4 million in the quarter includes $48.3 million non-cash decrease in fair value of biological assets, (2025: earnings of $23.4 million, $8.1 million non-cash decrease in fair