Canada is a country with many creative and enterprising people. Metropolises such as Toronto and Vancouver offer a lot of potential for new business ideas. But also, in cities of the provinces many entrepreneurs start their adventures and want to improve the world. Canadian Prime Minister Justin Trudeau recently highlighted the achievements of a team in Winnipeg, Manitoba, who have developed a solution for the present and the future and therefore receive additional government support for growth.
BURCON NUTRASCIENCE CORPORATION - Yummy and Vegan
Burcon (TSX: BU) is a company that has invested significant time and money in the development of plant proteins in the past and is now building manufacturing facilities in Winnipeg as part of a joint venture to
in the future make the patented ingredients available to the food industry as meat substitutes. Nestle is one of the world's largest suppliers of convenience foods and other food products, which will be supplemented with Burcon products in the future.
During the Corona Pandemic, the meat processing industry worldwide experienced problems because many employees became infected with Covid-19 due to working conditions. Temporary plant shutdowns occurred at numerous sites. As a result, awareness is changing and more and more consumers prefer the plant-based replacement of meat. As a result,
Canada's Prime Minister Justin Trudeau has made financial commitments to the Burcon/Merit Functional Foods joint venture. Burcon's market value is currently CAD 172.6 million.
SATURN OIL & GAS INC - Good Canadian Crude Oil
Around three years ago, a new team took over the management of
Saturn Oil & Gas (TSXV: SOIL) and developed the company into a profitable oil producer.
In 2019 the first annual profit in the history of the company was achieved and the first quarter of 2020 was also profitable. The special strength of the company is its flexibility and adaptability to the general conditions. For example, even before the Corona Pandemic and the associated price fluctuations, the company has concluded a hedging transaction at over CAD 65.00. This enabled the management to compensate for the decline in oil prices.
The special feature of Saturn Oil & Gas is that it focuses on the importance of ESG. For this reason, Jim Payne, CEO of the cleantech company
dynaCERT (TSXV: DYA), was also appointed to the Board of Directors. Payne is an expert in the reduction of pollutant emissions.
Finally, it should be mentioned that Canada protects human rights and the environment - those who appreciate these values should prefer oil from the North of America. The market value of Saturn Oil & Gas is CAD 24.6 million.
THE VERY GOOD FOOD COMPANY INC - Successful IPO brings Cash
The Very Good Food Company Inc. (
CSE: VERY) is a growing company focusing on plant-based food technology. According to its own information, the company develops, produces and sells these food alternatives.
The products should be delicious and have a healthy nutritional profile at the same time. The current core product line runs under the developed brand "The Very Good Butchers".
The market capitalization of the newcomer to the stock market is CAD 91.2 million. Last week, the shares started trading on the CSE in Canada and are expected to be tradable in Germany shortly.
The share price fluctuated between CAD 0.46 and CAD 2.49 during its debut - on Wednesday it closed trading at CAD 1.29. The issue price of the IPO was CAD 0.25.
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