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Special Committee on Cooperatives committee  That was an acquisition, even though we are talking about a cooperative, as they did not want....

July 25th, 2012Committee meeting

Serge Riendeau

Special Committee on Cooperatives committee  Members have to agree. Depending on how big the investment is, the board of directors has some leeway in managing the cooperative.

July 25th, 2012Committee meeting

Serge Riendeau

Special Committee on Cooperatives committee  You need to understand that we operate in the dairy sector and under a supply management system. That system requires that we produce enough to meet Canadian consumption needs. If you think back, you'll recall that Agropur was initially a regional company that became provincial a

July 25th, 2012Committee meeting

Serge Riendeau

Special Committee on Cooperatives committee  I think we are all subject to the same trade rules. I will speak on Agropur's behalf, as I am not a spokesperson for all cooperatives. Agropur operates in a specific environment—that of the dairy sector. Whether companies are cooperatives or not, they face the same challenges, w

July 25th, 2012Committee meeting

Serge Riendeau

Special Committee on Cooperatives committee  That is an excellent question. I would like to begin by specifying that Agropur is a cooperative, but it is not a cooperative federation. Agropur's members are directly related to the cooperative. Our members are not related to a local cooperative, which is in turn related to Agr

July 25th, 2012Committee meeting

Serge Riendeau