Pork producer Olymel’s resiliency put to the test in face of tariffs

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Open this photo in gallery: Olymel employees work at the Olymel-owned La Fernandière processing plant in Trois-Rivières in August, 2023.Renaud Philippe/The Globe and Mail After a tumultuous five-and-a-half years, things were recently looking up for Canada’s largest pork producer. Last month, Olymel boasted net sales of almost $4.6-billion, the third-best performance in its history. It also increased net earnings by almost 40 per cent. The sales are spread across Olymel’s poultry and pork operations, however the company cited “exceptional improvement” in its pork sector, a part of the business that has faced significant challenges in recent years. “We have a...