The principal company in the brewing group is Labatt Breweries of Canada. The company has also been involved, with Casco, in the Zymaize experiment, producing high-fructose syrup from corn. The corporation has made significant investments in the US, Mexico and the UK. In 1994 it had $2.3 billion in annual sales or operating revenue, assets of $2.5 billion and 5700 employees. A hostile takeover attempt in 1995 resulted in Labatt's purchase by Interbrew SA of Belgium and the sale of its broadcasting assets. Interbrew then took Labatt private so further sales figures are not available; however, Labatt is reckoned to have over 50% market share in the beer industry.
Author DEBORAH C. SAWYER
Links to Other Sites
Information about Labatt products from the website of InBev, a Belgium based international brewer and owner of Labatt.
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Besides hockey and the maple leaf, there is little as symbolically Canadian as the CBC – the Canadian Broadcasting Corporation. It grew out of a developing nation's need to express its identity and find its voice.