Canyon Creek Food Company
Encyclopedia
Canyon Creek Food Company is a food processing company based in Edmonton, Alberta that provides fresh soups and other prepared food products geared towards health conscious consumers. The company provides its fresh food product line to grocery retailers and a broad range of food service establishments such as restaurants and institutions throughout Canada
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with no additives or preservatives. In 1996, the company went public on the TSX Venture Exchange
under the name Canyon Creek Food Company and started trading under the symbol CYF. In 2001, majority shareholder Brian Halina took over the position of CEO as well as maintaining his position as chairman of the board.
In 2003 Brian Halina stepped down as CEO but maintained his position of Chairmain of the Board, which he still holds. Terence Alty was named CEO/President of the company, with the company's sales at around $1 million a year. The head office was then moved to Calgary
, with the plant remaining in Edmonton. Within a couple of years the sales of the business had grown to $6 million dollars per year, with the addition of several new customers.
In 2008, Canyon Creek became organic certified
through Quality Assurance International
.
In January 2010, due to the state of the economy, the management team decided to close the Calgary office and to have everything once again through the Edmonton plant.
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
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History
Canyon Creek Soup Company was started in December 1995 by Dale Cook as a fresh soup company located in Edmonton. Cook had come across a process that allowed soup to have a 90-day refrigerated shelf lifeShelf life
Shelf life is the length of time that food, drink, medicine, chemicals, and many other perishable items are given before they are considered unsuitable for sale, use, or consumption...
with no additives or preservatives. In 1996, the company went public on the TSX Venture Exchange
TSX Venture Exchange
The TSX Venture Exchange is a stock exchange in Canada. It is headquartered in Calgary, Alberta and has offices in Toronto, Vancouver, and Montreal. All trading through the Exchange is done electronically, so the Exchange does not have a "trading floor"...
under the name Canyon Creek Food Company and started trading under the symbol CYF. In 2001, majority shareholder Brian Halina took over the position of CEO as well as maintaining his position as chairman of the board.
In 2003 Brian Halina stepped down as CEO but maintained his position of Chairmain of the Board, which he still holds. Terence Alty was named CEO/President of the company, with the company's sales at around $1 million a year. The head office was then moved to Calgary
Calgary
Calgary is a city in the Province of Alberta, Canada. It is located in the south of the province, in an area of foothills and prairie, approximately east of the front ranges of the Canadian Rockies...
, with the plant remaining in Edmonton. Within a couple of years the sales of the business had grown to $6 million dollars per year, with the addition of several new customers.
In 2008, Canyon Creek became organic certified
Organic certification
Organic certification is a certification process for producers of organic food and other organic agricultural products. In general, any business directly involved in food production can be certified, including seed suppliers, farmers, [food] processors, retailers and restaurants.Requirements vary...
through Quality Assurance International
Quality Assurance International
Quality Assurance International is a U.S.-based international organic certification company that is authorized by the United States Department of Agriculture as “a USDA-accredited certifying agent that operates globally to certify organic operations to National Organic Program standards.” It is...
.
In January 2010, due to the state of the economy, the management team decided to close the Calgary office and to have everything once again through the Edmonton plant.