Business
An organization or enterprising entity engaged in commercial, industrial or professional activities footnote 125.
Compound Annual Growth Rate (CAGR)
The mean annual growth of an investment over a specified period of time over a year to in calculating and determining returns on assets footnote 126.
Exports
Goods and services that are produced in one country and sold to buyers in another. Exports, along with imports, make up international trade. In this case, agri-food products are produced in Canada and sold to buyers in the international market footnote 127.
Food Safety Enhancement Program (FSEP)
A form of preventive control plans to ensure an effective HACCP system is in place to ensure food is prepared under sanitary conditions and it is safe to eat footnote 128.
Gross Domestic Product (GDP)
The monetary measurement of the market value of all finished goods and services produced in a specific time period. GDP provides information about the size of the economy footnote 129.
Hazard Analysis and Critical Control Points (HACCP)
A systematic management system in which food safety is address through the analysis and control of biological, chemical and physical hazard from raw material product, procurement and handling, to manufacturing, distribution and consumption of the finished product footnote 130.
Private Label Products
Goods that are manufactured for and sold under the name of a specific retailer in competition with brand name products. Private Label can also be referred to as “store brands” footnote 131.
Research and Development (R&D)
The set of activities that a company undertakes to innovate and introduce new products and services, as well as improving existing product lines footnote 132.
Revenue
The total gross amount of income generated by the sale of goods or services footnote 133.
Safe Quality Food Program (SQF)
A rigorous and credible food safety and quality program that is recognized by retailers, brand owners and food service providers worldwide. Recognized by the Global Food Safety Initiative (GFSI), the SQF family of food safety and quality codes are designed to meet industry, customer and regulatory requirements for all sectors of the food supply chain, from the farm all the way to the retail stores footnote 134.

Footnotes