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Questions aplenty from orchardists following sudden closure of BC Tree Fruits

Questions aplenty from orchardists following sudden closure of BC Tree Fruits

Global News
Sunday, July 28, 2024 12:40:45 AM UTC

One Okanagan farmer thinks that in the wake of Friday’s news regarding BC Tree Fruits that ‘there’s going to be a shift in the industry.’

What’s next?

That’s the unanswerable question B.C. orchardists are asking themselves in the wake of this week’s surprising news that BC Tree Fruits is closing its doors.

First established in 1936, the business is a cooperative of 300-plus families that helps farmers promote their fruits while also transporting them to market.

That changed on Friday, though, when BC Tree Fruits announced that it could no longer “effectively operate the business moving forward.”

In an email to Global News, the Kelowna-based company said it “and all of its subsidiaries will be taking steps to seek court direction and assistance to liquidate the Cooperative in an effort to maximize recovery for all stakeholders.”

It also said, “This is a very unfortunate situation, and we are working with our lenders and advisors as we embark on this process. We respectfully ask for your patience as we navigate through the process.”

If you’ve ever eaten an apple from B.C., odds are you’ve had to peel off BC Tree Fruits’ small but iconic leaf-shaped sticker before consuming it.

Now, with that door now closed to them, Okanagan farmers are trying to figure out their next steps, like: Who will accept, market and ship this year’s fruit?

Read full story on Global News
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