Global Food and Ingredients Ltd. is winding down its business operations, including its terminal facilities in Alberta and Saskatchewan.

The plant-based food and ingredient company manufactured pulse flours, protein, and pasta from peas, lentils, and chickpeas.

A press release on the company's website points to macro-economic events that have resulted in challenges accessing raw materials, resulting in a material decline in the company’s sales and gross profit.

GFI has received letters from secured lenders demanding immediate and full payment of its outstanding debt balances of over $20 million.

Management and the board of directors are working with lenders to sell the company's assets.

GFI is a plant-based food and ingredient company is headquartered in Toronto with operations in Western Canada and North Carolina.

Update - 

As of May 16, the Canadian Grain Commission has revoked the grain dealer, primary elevator and process elevator licences for Global Food and Ingredients Inc. operations at Bowden, Alberta; Lajord, Sedley, and Zealandia, Saskatchewan.

The company’s grain dealer licence, 3 primary elevator licences and 2 process elevator licences have been revoked.

If this company owes you money for grain deliveries, contact our Safeguards for Grain Farmers Program immediately.

The CGC notes if you do business with this company on or after May 16, 2024, you will not be protected by security under the Canada Grain Act.