10-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 10-K

[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 29, 2012

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from __________ to __________

Commission File No. 001-34198

SUNOPTA INC.
(Exact Name of Registrant as Specified in Its Charter)

CANADA	Not Applicable
(Jurisdiction of Incorporation)	(I.R.S. Employer Identification No.)

2838 Bovaird Drive West
Brampton, Ontario L7A 0H2, Canada
(Address of Principle Executive Offices)

(905) 455-1990
(Registrant's telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Name of each exchange on which registered
Common Shares, no par value	The NASDAQ Stock Market, Toronto Stock Exchange

Securities registered pursuant Section to 12(g) of the Act: None

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes [_]     No [X]

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes [_]     No [X]

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. Yes [X]     No [_]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [X]     No [_]

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of the registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. [_]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. Check one:

Large accelerated filer [_] Accelerated filer [X] Non-accelerated filer [_] Smaller reporting company [_]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [_]      No [X]

Aggregate market value of the common equity held by non-affiliates of the registrant, computed using the closing price as reported on the NASDAQ Global Select Market for the registrant’s common shares on June 30, 2012, the last business day of the registrant’s most recently completed second fiscal quarter, was $369,782,539. The registrant’s common shares trade on the NASDAQ Global Select Market under the symbol STKL and on the Toronto Stock Exchange under the symbol SOY.

The number of shares of the registrant’s common stock outstanding as of March 1, 2013 was 66,123,796.

Documents Incorporated by Reference: Portions of the SunOpta Inc. Definitive Proxy Statement for the 2013 Annual Meeting of Shareholders are incorporated by reference into Part III of this Annual Report on Form 10-K.

SUNOPTA INC. December 29, 2012 10-K

SUNOPTA INC.

FORM 10-K

For the year ended December 29, 2012

TABLE OF CONTENTS

Basis of Presentation		2
Forward-Looking Statements		2
PART I
Item 1	Business	4
Item 1A	Risk Factors	22
Item 1B	Unresolved Staff Comments	30
Item 2	Properties	31
Item 3	Legal Proceedings	33
Item 4	Mine Safety Disclosures	33
PART II
Item 5	Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities	35
Item 6	Selected Financial Data	38
Item 7	Management’s Discussion and Analysis of Financial Condition and Results of Operations	39
Item 7A	Quantitative and Qualitative Disclosures about Market Risk	77
Item 8	Financial Statements and Supplementary Data	78
Item 9	Changes in and Disagreements With Accountants on Accounting and Financial Disclosure	78
Item 9A	Controls and Procedures	78
Item 9B	Other Information	81
PART III
Item 10	Directors, Executive Officers and Corporate Governance	81
Item 11	Executive Compensation	81
Item 12	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters	81
Item 13	Certain Relationships and Related Transactions, and Director Independence	81
Item 14	Principal Accounting Fees and Services	81
PART IV
Item 15	Exhibits, Financial Statement Schedules	82

SUNOPTA INC. 1 December 29, 2012 10-K

Basis of Presentation

Except where the context otherwise requires, all references in this Annual Report on Form 10-K for the fiscal year ended December 29, 2012 (“Form 10-K”) to the “Company”, “we”, “us”, “our” or similar words and phrases are to SunOpta Inc. and its subsidiaries, taken together.

In this report, all currency amounts are expressed in thousands of United States (“U.S.”) dollars (“$”), except per share data, unless otherwise stated. Amounts expressed in Canadian dollars are expressed in thousands of Canadian dollars and preceded by the symbol “Cdn $”. Amounts expressed in euros are expressed in thousands of euros and are preceded by the symbol “€”. The following table sets forth, for the periods indicated, the rate of exchange for the U.S. dollar, expressed in Canadian dollars, based on Bank of Canada exchange rates. These rates are provided solely for convenience, and do not necessarily reflect the rates used by us in the preparation of our financial statements.

Year	Closing	Average
2012	0.9965	1.0000
2011	1.0170	0.9900
2010	0.9946	1.0300

Forward-Looking Statements

This Form 10-K contains forward-looking statements which are based on our current expectations and assumptions and involve a number of risks and uncertainties. Generally, forward-looking statements do not relate strictly to historical or current facts and are typically accompanied by words such as “anticipate”, “estimate”, “intend”, “project”, “potential”, “continue”, “believe”, “expect”, “could”, “would”, “should”, “might”, “plan”, “will”, “may”, “predict”, the negatives of such terms, and words and phrases of similar impact and include, but are not limited to references to possible operational consolidation, reduction of non-core assets and operations, business strategies, plant and production capacities, revenue generation potential, anticipated construction costs, competitive strengths, goals, capital expenditure plans, business and operational growth and expansion plans, anticipated operating margins and operating income targets, gains or losses associated with business transactions, cost reductions, rationalization and improved efficiency initiatives, proposed new product offerings, and references to the future growth of the business and global markets for the Company’s products. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on certain assumptions and analyses we make in light of our experience and our interpretation of current conditions, historical trends and expected future developments, as well as other factors that we believe are appropriate in the circumstance.

Whether actual results and developments will agree with our expectations and predictions is subject to many risks and uncertainties. Accordingly, there are or will be important factors that could cause our actual results to differ materially from our expectations and predictions. We believe these factors include, but are not limited to, the following:

• our ability to renew our North American syndicated credit facilities when they become due on July 27, 2016;

• restrictions in our syndicated credit agreement on how we may operate our business;

• our ability to meet the covenants of our credit facilities;

• our potential additional capital needs in order to maintain current growth rates, which may not be available on favorable terms or at all;

• our customers’ ability to choose not to buy products from us;

• loss of a key customer;

• changes in and difficulty in predicting consumer preferences for natural and organic food products;

• the highly competitive industry in which we operate;

• an interruption at one or more of our manufacturing facilities;

SUNOPTA INC. 2 December 29, 2012 10-K

• the loss of service of our key management;

• the effective management of our supply chain;

• volatility in the prices of raw materials and energy;

• enactment of climate change legislation;

• unfavorable growing conditions due to adverse weather conditions;

• dilution in the value of our common shares through the exercise of stock options, participation in our employee stock purchase plan and issuance of additional securities;

• impairment charges in goodwill or other intangible assets;

• technological innovation by our competitors;

• our ability to protect our intellectual property and proprietary rights;

• substantial environmental regulation and policies to which we are subject;

• significant food and health regulations to which SunOpta Foods is subject;

• agricultural policies that influence our operations;

• product liability suits, recalls and threatened market withdrawals that may be brought against us;

• litigation and regulatory enforcement concerning marketing and labeling of food products;

• our ability to realize the value of our investment in Opta Minerals Inc.;

• our lack of management and operational control over Mascoma Corporation;

• fluctuations in exchange rates, interest rates and certain commodities;

• our ability to effectively manage our growth and integrate acquired companies; and

• the volatility of our operating results and share price.
  

Consequently all forward-looking statements made herein are qualified by these cautionary statements and there can be no assurance that our actual results or the developments we anticipate will be realized. The foregoing factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this report. For a more detailed discussion of the principal factors that could cause actual results to be materially different, you should read our risk factors in Item 1A, Risk Factors, included elsewhere in this report.

SUNOPTA INC. 3 December 29, 2012 10-K

PART I

Item 1. Business

INTRODUCTION

SunOpta, a corporation organized under the laws of Canada in 1973, is a leading global company operating businesses focused on a healthy products portfolio that promotes sustainable well-being. With expertise in ‘field to table’ integration, we specialize in the sourcing, processing and packaging of natural, organic and specialty food products. As a general principle, we do not own or operate our own farms, retail stores, or extensively market our own consumer brands. Our core natural and organic food operations focus on value-added grains, fiber and fruit-based product offerings, supported by a global sourcing and supply infrastructure. Our assets, operations and employees are principally located in North America and Europe. We have two non-core holdings: a 66.1% ownership position in Opta Minerals Inc. and its subsidiaries (“Opta Minerals”), a producer, distributor and recycler of industrial materials; and an 18.7% ownership position in Mascoma Corporation (“Mascoma”), an innovative biofuels company.

Business Objectives, Goals and Strategies

Our vision is to be the recognized global leader in natural and organic food products that drive sustainable well-being. The objective of our business strategy is to maximize stakeholder value through:

• Strategically supplying healthy food to retailers, food service and food manufacturers.

• Leveraging our global, integrated ‘field to table’ supply chain capabilities.

• Fostering passionate talented employees.

To reach our objective, we have established the following financial goals:

• 8% operating income as a percentage of revenues in three years.

• 10% EBITDA as a percentage of revenues in three years.

• 15% return on net assets in three years.

In order to deliver on these goals we have developed the following core strategies:

• Become a pure play natural and organic foods company. This includes evaluating our existing product portfolio, integrating strategically-aligned acquisitions, and divesting non-core assets to focus on key market categories and geographies.

• Aggressively grow our value-added packaged foods and ingredients portfolios. This includes enhancing innovation through shared research and development capabilities, and the addition of new sourcing and processing capabilities to achieve higher gross margins from the introduction of new products, packaging and processes to the market.

• Leverage the integrated platform we have built. This includes optimizing our supply chain capabilities, available production capacity, and consolidated back office functions to achieve synergies and cost improvements.

These strategies form the framework within which key initiatives and near-term action plans are developed, helping to create focus and a high degree of accountability for our businesses and employees.

SUNOPTA INC. 4 December 29, 2012 10-K

Segment Information

We divide our operations into the following industry segments:

• SunOpta Foods, which accounted for approximately 88% of our fiscal 2012 consolidated revenues; and

• Opta Minerals, which represented approximately 12% of our fiscal 2012 consolidated revenues.

SunOpta Foods operates in the natural, organic and specialty foods product sectors and utilizes a number of integrated business models to bring cost-effective and quality products to market. We believe these markets will continue to grow as consumers focus on health and wellness.

In February 2012, we undertook a process to streamline the operations and organizational structure of SunOpta Foods in order to drive efficiencies and better align product innovation and commercial activities. During the first quarter of 2012, the operating segments within SunOpta Foods were re-aligned according to the type of customers and markets served, rather than by product groupings. As a result, the former Fruit Group was eliminated and a new Consumer Products Group was created to focus on non-grains based consumer packaged goods. The Consumer Products Group is comprised of the Frozen Foods and Healthy Snacks operations which were part of the former Fruit Group, and the Food Solutions operations which were formerly part of the International Foods Group. The Fruit Ingredient operation of the former Fruit Group was merged with the existing Ingredients Group. Following this realignment and the divestiture of Purity Life Natural Health Products (“Purity”) (as described below under “Business Development”), the International Foods Group comprises solely our international sourcing and supply operations (Tradin Organic). The Grains and Foods Group remained unchanged.

SunOpta Foods is currently comprised of the following four operating segments:

• Grains and Foods Group;

• Ingredients Group;

• Consumer Products Group; and

• International Foods Group.

We intend, however, to continue to realign our operations with a focus on three key ‘go-to-market’ segments: raw materials; value-added ingredients; and consumer-packaged products. Over time we expect our operating segments will be realigned accordingly.

Opta Minerals is a vertically integrated provider of custom process optimization solutions and supplier of industrial minerals and silica-free abrasives for use primarily in the steel, foundry, loose abrasive cleaning and municipal water filtration industries.

Financial information for each segment describing revenues from external customers, a measure of profit or loss, and total assets for the last three fiscal years, as well as financial information about geographic areas for the last three fiscal years, is set forth in note 21 of the Consolidated Financial Statements.

Business Development

Our strategy is to focus on our core natural and organic value-added foods business. In this regard, we have completed a number of selective acquisitions in early fiscal 2013 and over the preceding three fiscal years, as follows:

• On December 31, 2012, we acquired a grains handling and processing facility operated as the Organic Land Corporation OOD (“OLC”) and located in Silistra, Bulgaria. The purchase price was €3,200, plus an earn-out based on pre-determined earnings targets over a three-year period. We have been sourcing non-genetically modified (“non-GMO”) sunflower kernel from OLC since late 2011. The facility is located near a protected and chemical free agricultural area, which produces organic products including sunflower, flax seed, corn, barley, and soybeans. This acquisition diversifies our non-GMO and organic sunflower processing operations and should allow us to expand our capabilities into other organic products grown in the region. The Bulgarian processing operation is included in the International Foods Group.

SUNOPTA INC. 5 December 29, 2012 10-K

• In August 2011, we completed the acquisition of the assets and business of Lorton’s Fresh Squeezed Juices, Inc. (“Lorton’s”) for cash consideration of $2,500, plus an earn-out based on pre-determined earnings targets over a three-year period. Lorton’s is an integrated producer of a variety of citrus based products in both industrial and packaged formats. This acquisition expanded our integrated operations into the extracting, processing and packaging of citrus-based ingredients through consumer packaged products, and provided increased capacity for future growth and expansion. Lorton’s operations are included in the Consumer Products Group.

• In December 2010, we completed the acquisition of the assets and business of Edner of Nevada, Inc. (“Edner”) for cash consideration of $4,000, plus an earn-out based on pre-determined revenue targets over a five-year period. Edner produces a wide variety of nutritious portable foods such as nutrition bars and grains-based snack bars serving the fast growing wholesome and convenient healthy snacks category from its 104,000 square foot facility, located in Carson City, Nevada. Edner’s operations are included in the Consumer Products Group.

• In November 2010, we completed the acquisition of Dahlgren & Company Inc. (“Dahlgren”) for cash consideration of $46,303, plus an earn-out based on pre-determined earnings targets over a two-year period. Dahlgren is an integrated processor and global supplier of confection sunflower seed products including in-shell and kernel products, roasted sunflower and soy nuts, bird food, hybrid seed and other products. Dahlgren serves customers in the U.S. and Canada, as well as Europe, Asia, Australia and South America. Dahlgren’s operations are included in the Grains and Foods Group.

In addition, we have invested in a number of internal growth projects to diversify our sources of supply, as well as to add capacity, improve profitability, and expand our value-added processing capabilities at a number of our facilities, as follows:

• The International Foods Group is constructing a cocoa processing facility in Middenmeer, the Netherlands, which will specialize in the processing of organic and fair trade certified cocoa beans into derivatives, such as organic cocoa powder, butter, and liquor. All cocoa beans processed at this facility are expected to be sourced internally through Tradin Organic. The facility will provide needed capacity to accommodate our organic and specialty cocoa business that is currently processed by third parties. We expect the facility will be operational in the third quarter of 2013. Once fully commissioned, it will employ approximately 30 personnel and have an annual processing capacity of approximately 9,000 metric tons of raw cocoa.

• In November 2012, the Grains and Food Group completed an expansion of our aseptic non-dairy beverage processing and packaging capabilities at its Modesto, California plant, which increased our overall aseptic non-dairy beverage and broth capacity by approximately 10% to between 250 and 300 million quarts, depending on product mix. The expansion was necessary to meet growing demand for natural and organic beverages such as soy, rice, almond and sunflower. In 2010, the Grains and Foods Group also completed an upgrade and retrofit of the Alexandria, Minnesota processing and packaging facility.

• In September 2012, the Consumer Products Group completed the commissioning of two flexible re-sealable pouch filling lines at a new facility located in Allentown, Pennsylvania. As the first two lines are expected to reach capacity through committed long-term contracts, we have initiated expansion plans to install an additional two pouch filling lines at the Allentown facility, which we expect to be operational in the third quarter of 2013. We entered the flexible, re-sealable pouch business in late 2011 with the installation of two pouch filling lines at a third-party production facility in California. The flexible re-sealable pouch is applicable to a wide range of product categories including natural and organic fruit and vegetable snacks, apple sauces, tomato products, baby food, yogurts, toppings and beverages. Once the new east coast lines are operational, we expect to have a total filling capacity of approximately 150 million pouches.

• In December 2011, the Ingredients Group completed the installation of a new aseptic processing line with a processing capacity of approximately 30 million pounds at Pacific Fruit Processors, our value-added fruit ingredients operation. Applications for the new equipment include fruit bases for yogurts, smoothies, fruit toppings and food service products, in both organic and conventional formats.

SUNOPTA INC. 6 December 29, 2012 10-K

We have also completed the following strategic divestitures of non-core assets in order to focus on our natural and organic foods business:

• In June 2012, we completed the sale of Purity, our Canadian natural health products distribution business, for cash consideration of Cdn $14,000 at closing, plus an earn-out if Purity achieves certain earnings targets during the one- year period following the closing date. The divestiture of Purity completed our exit from all non-core distribution businesses. Purity was formerly part of the International Foods Group.

• In June 2011, we completed the sale of land and buildings in Irapuato, Mexico to parties related to Fruvemex Mexicali, S.A. de C.V. (“Fruvemex”). In addition, in April 2011, we sold our frozen fruit processing assets in Rosarito and Irapuato, Mexico to Fruvemex. As part of this transaction we entered into a strategic raw material supply agreement with Fruvemex. These assets were included in the former Fruit Group. Aggregate consideration related to these transactions amounted to $5,650. In May 2011, the former Fruit Group also completed the sale of frozen fruit processing equipment located in Salinas, California for cash consideration of $1,773.

• In August 2010, we completed the sale of SunOpta BioProcess Inc. (“SunOpta BioProcess”) to Mascoma Canada Inc., a wholly owned subsidiary of Mascoma, in exchange for a combination of preferred shares, common shares and warrants of Mascoma valued at $50,925, with a net value of $33,345 after settling the preferred share liability with former SunOpta BioProcess shareholders. The combination of the two companies brought together SunOpta BioProcess’ fiber preparation and pretreatment technology with Mascoma’s consolidated bioprocessing technology, to create a company with comprehensive capabilities for converting non-food cellulose (wood chips, energy crops and organic solid waste) into ethanol and high value co-products. SunOpta BioProcess represented the former SunOpta BioProcess operating segment, which was eliminated with this sale.

• In June 2010, we completed the sale of our Canadian Food Distribution assets to UNFI Canada, Inc., a wholly- owned subsidiary of United Natural Foods, Inc., (“UNFI”) for cash consideration of Cdn $68,000. The divestiture of the Canadian Food Distribution assets was an important step in our strategy to focus on our core food manufacturing platform. The Canadian Food Distribution assets formed part of the former Distribution Group operating segment, which was eliminated with this sale.

For more information regarding acquisitions and divestitures, see Notes 2 and 3 of the Consolidated Financial Statements.

Other Developments

Amended Credit Agreements

On September 25, 2012, The Organic Corporation (“TOC”) and certain of its subsidiaries entered into a credit facilities agreement with two lenders, which provides for a €45,000 revolving credit facility covering working capital needs and a €3,000 pre-settlement facility covering currency hedging requirements. A portion of the revolving credit facility was used to repay an existing €35,000 line of credit facility of TOC. The revolving credit facility and pre-settlement facility are due on demand with no set maturity date, and the credit limit can be extended or adjusted based on the needs of the business and upon approval of the lenders. These facilities support the global sourcing, supply and processing capabilities of the International Foods Group.

On July 27, 2012, we entered into an amended and restated credit agreement with a syndicate of lenders to support our core North American food operations. The amended agreement provides secured revolving credit facilities of Cdn $10,000 and $165,000, as well as an additional $50,000 in availability upon the exercise of an uncommitted accordion feature. These facilities mature on July 27, 2016, with the outstanding principal amount repayable in full on the maturity date. These facilities replaced our previous line of credit facilities of Cdn $10,000 and $115,000, and refinanced non-revolving term facilities totaling approximately $21,000, which were due to mature on October 30, 2012.

On July 24, 2012, Opta Minerals amended and restated its credit agreement to include a Cdn $15,000 revolving term credit facility and a Cdn $52,500 non-revolving term credit facility. The revolving term credit facility matures on August 14, 2013, with the outstanding principal amount repayable in full on the maturity date, and the non-revolving term credit facility matures on May 18, 2017, with the remaining outstanding principal amount repayable in full on the maturity date. These facilities are specific to the operations of Opta Minerals, are standalone and separate from facilities used to finance our core food operations, and carry no cross default or other provisions.

SUNOPTA INC. 7 December 29, 2012 10-K

Corporate Social Responsibility Report

In January 2013, we released our second annual Corporate Social Responsibility Report, which provides a progress update on previously established sustainability goals covering social, environmental and economic objectives, and details key priorities for the future. The report covers all of our operations, excluding Opta Minerals, and is available on our website. The Corporate Social Responsibility Report and the other information included on our website is not included in, or incorporated by reference into, this Form 10-K.

Senior Management Appointments

Effective August 1, 2012, Hendrik (Rik) Jacobs was appointed to the position of President and Chief Operating Officer, with operational responsibility for SunOpta Foods. Mr. Jacobs brings over 20 years of international sales, marketing, innovation, strategic development and general management experience to this role. Former Vice President and Chief Operating Officer Tony Tavares left the Company effective July 27, 2012.

SUNOPTA FOODS

Introduction

SunOpta Foods has been built through business acquisitions and significant internal growth. It operates in the natural, organic and specialty foods sectors and utilizes a number of integrated business models to bring cost effective and quality products to market. Below is a summary listing of acquisitions and significant facilities that we have acquired since the inception of SunOpta Foods. This summary does not include any acquisitions that were subsequently divested.

Date of Acquisition	Business Operations Acquired
August 3, 1999	Sunrich Inc. (Grains and Foods Group)
August 15, 2000	Certain assets of Hoffman Aseptic (Grains and Foods Group)
September 18, 2000	Northern Food and Dairy, Inc. (Grains and Foods Group and Ingredients Group)
March 14, 2001	First Light Foods Inc. (Grains and Foods Group)
December 4, 2002	Opta Food Ingredients, Inc. (Ingredients Group)
May 8, 2003	Kettle Valley Dried Fruit Ltd. (Consumer Products Group)
November 1, 2003	SIGCO Sun Products, Inc. (Grains and Foods Group)
December 1, 2003	Sonne Labs, Inc. (Grains and Foods Group)
April 19, 2004	Purchase of the assets of General Mills Bakeries & Foodservice oat fiber processing facility (Ingredients Group)
September 13, 2004	51% of the outstanding shares of Organic Ingredients, Inc. (The remaining 49% of the outstanding shares were acquired on April 5, 2005) (Consumer Products Group)
June 2, 2005	Earthwise Processors, LLC (Grains and Foods Group)
June 20, 2005	Cleugh’s Frozen Foods, Inc. (Consumer Products Group)
July 13, 2005	Pacific Fruit Processors, Inc. (Ingredients Group)
November 7, 2006	Hess Food Group LLC (Consumer Products Group)
August 7, 2007	Operating assets of a soymilk manufacturing facility in Heuvelton, New York (Grains and Foods Group)
April 2, 2008	The Organic Corporation (International Foods Group)
November 8, 2010	Dahlgren & Company, Inc. (Grains and Foods Group)
December 14, 2010	Assets of Edner of Nevada, Inc. (Consumer Products Group)
August 5, 2011	Assets of Lorton’s Fresh Squeezed Juices, Inc. (Consumer Products Group)
December 31, 2012	Organic Land Corporation OOD (International Foods Group)

SunOpta Foods’ long-term strategy is to leverage the platform that has been developed via implementation of continuous improvement principles, new product development and a focus on value-added components of the business, and to continue to pursue selective acquisitions that align with the value-added components of our integrated business models. We believe that the natural, organic and specialty foods markets offer solid long-term growth opportunities as consumers focus on health and wellness and see diet as a key part of a healthy lifestyle. We also believe these markets remain fragmented with numerous players in North America and internationally.

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Specific strategies of SunOpta Foods in the last several years have included the following:

• Diversify the range of organic and non-GMO grains, fiber and fruit-based products that we market, including via the acquisition of businesses that are integrated from sourcing through ingredients and packaged products.

• Develop value-added natural and organic fiber and food ingredient solutions to meet the demands of food manufacturers wanting to improve the healthfulness of their products or expand into the natural and organic markets.

• Invest in value-added processing capabilities which add further value to sourced raw materials.

• Expand our ability to source and supply natural and organic food products worldwide.

• Invest in healthy convenience and nutritious portable foods via both internal growth opportunities and acquisitions, driven by our belief that this segment will continue to be a strong area of growth for natural and organic food products.

• Expand the number of customer private label natural and organic programs including soy and alternative beverages, frozen fruit, fruit beverages, re-sealable pouch and healthy convenience food categories.

• Develop and expand our operations outside of North America via acquisitions or by entering into partnerships and strategic alliances with food producers internationally.

Grains and Foods Group

Operations and Product offerings—Grains and Foods Group

The Grains and Foods Group specializes in marketing organic, identity preserved (“IP”), and non-GMO grains, ingredients, packaged goods and processing services with a core focus on soybean, sunflower and corn products. The Grains and Foods Group works to ensure that it provides its customers with high quality organic, non-GMO and IP specialty grains and seeds by serving as a grower’s supplier of seed; purchaser of the grower’s specialty crops; and processor and packager of a wide range of grains-based ingredients and consumer-packaged products. We believe this ‘field to table’ approach allows the Grains and Foods Group to meet the specific needs of domestic and foreign food manufacturers and processors, by providing products in the varieties and quantities needed in a timely and cost effective manner.

The Grains and Foods Group’s products include:

1.	A wide variety of IP, non-GMO and organic seeds and whole grains including soy, corn and sunflower for food applications offering premium varieties with superior food quality. The Grains and Foods Group’s integrated model results in control at every stage of production, from seed selection and growing through storage, processing and transportation.
2.	Organic, non-GMO and IP grain-based ingredients, including:

• Raw material sourcing and processing of soy based ingredients in liquid, spray-dried and roasted formats.

• Grain-based ingredients which utilize non-GMO and organic soy, corn, sunflower and rice; specialty organic functional ingredients, including maltodextrins, tack blends, fiber products; flavor enhancing products, including snack coatings, cheese powders and flavor systems; an innovative line of organic dairy ingredients; and organic soy and sunflower oils.

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3. A variety of packaged food products for retail and foodservice use, including:

• A wide variety of private label packaged products for retailers and consumer foods companies, including aseptic and refrigerated soy, rice, almond, sunflower and other alternate beverages; aseptic broths and teas; frozen edamame and vegetable blends; and roasted grains-based snacks.

• Branded food products under the Sunrich Naturals brand, including:

• Alternative beverages – a variety of soy, rice, almond and sunflower based beverages for retail and foodservice.

• Frozen vegetables – a variety of frozen edamame and vegetable blends for health food stores, foodservice operators and retail outlets.

• Roasted grains-based snacks – specializing in providing healthy, non-GMO and organic snacks to schools, retailers and healthcare facilities throughout North America. Products include in-shell sunflower and sunflower kernels, and roasted corn and soy snacks.

4. A full range of bulk grain-based animal feed and pet food products. The premium feed products originate from select organic and non-GMO soy, corn, sunflower and other grains.

The Grains and Foods Group also engages in processing and contract manufacturing services and offers a comprehensive range of services including basic grain cleaning, ingredient processing, custom roasting, and retail-ready packaging. With processing facilities throughout the U.S., plus a number of storage and office facilities, it can handle a range of order sizes, including barge lots, rail cars, bags, pallets, and retail packages. The Grains and Foods Group services include:

• Grain conditioning services for soy, corn and sunflower. The Grains and Foods Group’s advanced equipment and technology for scalping and foreign matter removal is engineered to meet U.S. Department of Agriculture (“USDA”) Grain Standards for premium food grade seed and grain conditioning.

• Grain milling for corn, oat and grain processing, with various granulations and batch sizing.

• Ingredient processing expertise and equipment needed for extraction, separation and concentration of a wide variety of grains-based and dairy ingredients.

• Liquid packaging through its aseptic packaging facilities, specializing in Tetra Pak equipment in a variety of pack sizes and extended shelf life options. The Grains and Foods Group also partners with third-party fillers to provide extended shelf life refrigerated packaging formats to its customers.

• Grains roasting and packaging through extensive facilities offering a wide range of consumer and bulk packaging.

Competition—Grains and Foods Group

The Grains and Foods Group competes with large grain suppliers for customers and competes with other companies active on the international commercial grain procurement market for supply. The Grains and Foods Group’s non-GMO and organic specialty grains compete in the smaller niche U.S. commercial non-GMO and organic grains market. Key to competing in these markets is access to transportation, supply and relationships with producers. The Grains and Foods Group’s aseptic and roasted packaged products facilities compete with a number of other regional manufacturers, and its ingredient offerings compete with a range of suppliers from small local companies through large multi-nationals.

Distribution, Marketing, and Sales—Grains and Foods Group

The Grains and Foods Group has well established sales and marketing capabilities. As a leading provider of non-GMO and organic soy, corn, sunflower and grain-based food ingredients, it offers a comprehensive range of ingredients and services to the food industry. Distribution channels can vary greatly by product category, but the Grains and Foods Group enjoys a diverse ‘to market’ strategy in each product category. Its organic, non-GMO and IP ingredients are sold to food manufacturers worldwide. For specialty whole grain raw materials, approximately 50% of the customer base is international.

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Food ingredients are sold principally to customers in North America that range from major multi-nationals to smaller specialty food marketers, but are expanding geographically as the Grains and Foods Group opens new international markets. The consumer goods distribution channels include private label and store brands, food service and also SunOpta-controlled brands. This wide array of sales and distribution avenues is intended to allow the Grains and Foods Group to maximize sales and margin while mitigating the risk of concentrating business in a single segment of the market.

Suppliers—Grains and Foods Group

The Grains and Foods Group has an extensive established IP, organic soy and corn grower network with approximately 2,500 producers, with many relationships existing for over 25 years, and relationships with approximately 1,000 sunflower farmers in the Midwest and southern U.S. The Grains and Foods Group also has a network of growers in South America, Africa and Asia. Because weather conditions and other factors can limit the availability of certain grains in North America, the Grains and Foods Group continues to focus on expanding production and sourcing capabilities to other parts of the world in hand with the International Foods Group to ensure supply in years when local production is below normal levels. By diversifying supply, it also has the ability to divert available product based on market demand and customer requirements in order to maximize return.

Ingredients Group

Operations and Product Offerings—Ingredients Group

The Ingredients Group is focused primarily on fiber products and specialty fruit ingredients. It works closely with its customers to identify product formulation, cost and productivity opportunities aimed at transforming raw materials into value-added food ingredient solutions.

The Ingredients Group’s products include:

1.	Fibers and brans, including Canadian Harvest® Oat Fiber, SunOpta® Soy Fiber, SunOpta® Rice Fiber, SunOpta® Cellulose Fiber and SunOpta® Pea Fiber brands of insoluble organic and conventional fiber products, Barley Balance™ soluble fiber, MultiFiber™ blends, value-added starch-based texturizers, and a number of custom processed ingredients. The Ingredients Group’s family of insoluble fiber products are derived from oat, soy, pea and rice hulls. In addition, the Ingredients Group provides two gluten-free cellulose fibers, which are highly concentrated sources of insoluble dietary fiber. These products are used commercially to increase the fiber content of cereals, breads, cookies and crackers; to increase yield and enhance texture in ground and processed meat products; and to add strength and reduce breakage in baked products. The Ingredients Group also provides highly functional fiber blends for specific applications under the MultiFiber brand name and offers Canadian Harvest® Stabilized Brans derived from oat, wheat and corn, as well as wheat germ. The stabilized brans are heat-treated to extend shelf life and ground to meet customer needs for appropriate particle size.
2.	SunOpta® Specialty Starch products, including OptaGrade® and OptaMist®. OptaGrade is a natural, starch-based texturizing agent that is used commercially in a variety of dairy products including natural, imitation, and processed cheeses, sour cream, cream cheese, cottage cheese and yogurt. OptaMist is also a starch-based texturizing agent that improves the taste, texture and appearance of dairy products, yogurt, cheese products, and salad dressings.
3.	Value-added fruit-based ingredients in aseptic and conventional formats, which are custom formulated to provide unique flavor and texture profiles for a wide range of specialized applications. Applications include fruit for yogurts, ice creams, cheeses, smoothies, shakes, frozen desserts, bakery fillings, health bars, various beverages, dressings, marinades, dips and sauces.
4.	Custom ingredients and contract manufacturing services. The Ingredients Group produces a number of unique functional food ingredients, and offer services to customers on a contract basis utilizing proprietary technologies.

We believe the Ingredients Group is well positioned to capitalize on the rapid growth of the health conscious natural and organic food markets, with its wide range of fiber, brans, starch and fruit-based products. The 2010 Dietary Guidelines for Americans recommends choosing foods that provide dietary fiber and increasing the intake of whole fruit, as consumption of both fiber and fruit is below recommended levels in the U.S. The Ingredients Group’s portfolio of insoluble fibers, stabilized brans and fiber blends are used in numerous products such as fiber-enriched breads and other baked goods, breakfast cereals and snack bars. These products can be used to increase total dietary fiber content of foods, including dairy and meat products, while minimizing negative effects on taste, texture and appearance. Stabilized oat brans can be used as a source of soluble fiber, which is beneficial to cardiovascular health. Through the use of natural and organic ingredients, including strawberries, blueberries, peaches, and other fruits, the Ingredients Group’s fruit-based applications are formulated to improve the nutritional content of its customers’ products. In addition to helping food manufacturers improve the healthfulness of their food products, the Ingredients Group’s ingredient offerings can be used to improve the overall quality of food products, reduce formulation costs, and meet specific processing requirements. We believe that all of our ingredient products are Generally Regarded As Safe (“GRAS”) under current U.S. Food and Drug Administration (“FDA”) regulations (see “Regulation – SunOpta Foods”, below).

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Competition—Ingredients Group

Food ingredients are considered unique niche items usually developed or processed for specific customers or industry segments. The Ingredients Group competes with other product developers and specialty processors for the specialty ingredient business. Competitors include major companies with food ingredient divisions, other food ingredient and sourcing companies, other insoluble and soluble fiber processors, and consumer food companies that also engage in the development and sale of food ingredients. Many of these competitors have financial and technical resources, as well as production and marketing capabilities that are greater than our own.

Distribution, Marketing, and Sales—Ingredients Group

The Ingredients Group utilizes a technically-oriented customer account team. It works closely with customers to identify product formulation, cost and productivity opportunities, and develops solutions for customers based on proprietary, value-added, highly functional food ingredients that use the Ingredients Group’s technical knowledge and manufacturing base. The Ingredients Group takes a multidisciplinary approach to achieve this level of customer understanding and service. Members of the Ingredients Group’s direct sales force are teamed up with the appropriate technical personnel to work as “consultants” in defining and developing a range of potential solutions to its customers’ formulation and product development needs.

Our food ingredients are used by approximately 300 customers worldwide, including some of the largest U.S. consumer-packaged food companies. The Ingredients Group’s product offerings are sold through distributors around the world, including the International Foods Group. Based on our internal estimates, the Ingredients Group is the world’s largest supplier of oat fiber to the food industry, one of the largest producers of soy fiber in the U.S., and the largest producer of organic soy fiber in the U.S.

Suppliers—Ingredients Group

The availability of the Ingredients Group’s raw materials is subject to world market conditions; however, there are a number of alternative sources of supply for most raw materials. Oat and soy hulls are primarily sourced from major food companies or their brokers and we believe there is adequate supply to meet current production requirements. Supply shortfalls would have an effect on availability and price and would be reflected in finished product pricing. Certain other raw materials are supplied by processing customers and are not sourced directly from suppliers within SunOpta Foods. Fruit ingredient raw materials are sourced from processors and traders of frozen fruits, including the International Foods Group and our own fruit processing operations, major sweetener producers, and a number of regional and national flavor companies. Availability of supplies is subject to world market conditions, including quantity and quality of supply.

Consumer Products Group

Operations and Product Offerings—Consumer Products Group

The Consumer Products Group provides natural and organic consumer packaged food products to major global food manufacturers, distributors and supermarket chains with a variety of branded and private label products.

The Consumer Products Group’s products include:

1. Conventional and organic beverage processing and re-sealable pouch filling solutions in a variety of product categories, including shelf stable and refrigerated juices, frozen fruits and vegetables, specialty beverages, vitamin waters, electrolyte waters, energy drinks, soups, baby food, and healthy fruit and vegetable based snacks in flexible pouches.

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2.	Nutritious healthy snacks including natural and organic fruit-based snacks in bar, twist, rope and bite size shapes, with the ability to add a variety of ingredients including fiber, plus a range of baked and extruded nutrition bars using a wide variety of ingredients including grains, proteins and other ingredients.
3.	Individually Quick Frozen natural and organic frozen fruits and vegetables, including strawberries, blueberries, raspberries, peppers and many other items.

Competition—Consumer Products Group

The Consumer Products Group faces competition when securing fruit, vegetable and grain raw materials; however, due to the location of its processing facilities, it is able to source these raw materials from a number of growing regions and suppliers. In particular, it sources frozen fruits and vegetables from a number of domestic and worldwide growers, processors and traders, including the International Foods Group.

The Consumer Products Group’s beverage and pouch products compete in the private label retail market with the offerings of major food manufacturing companies. Its healthy snack products have a large number of competitors, which include independent fruit snack manufacturers, fruit snack divisions of larger food manufacturers, and nutrition bar manufacturers. Its frozen fruit and vegetable products compete with processors primarily in California and Mexico, and frozen fruit imports from Mexico, South America, Europe and Asia. In many cases, Mexican, South American, European and Asian competitors are able to achieve greater cost efficiencies due to lower relative costs of living and costs of supply in these regions.

Distribution, Marketing and Sales—Consumer Products Group

The Consumer Products Group supplies frozen fruit and vegetable products to the private label retail market, including large retailers and club stores, food manufacturers, food service distributors, quick service and casual dining restaurants located principally in North America. In addition, it supplies healthy fruit snacks and nutrition bars to branded food companies and the private label retail market. We estimate that the Consumer Products Group is the largest supplier of natural and organic private label fruit snacks in the U.S.

Suppliers—Consumer Products Group

The Consumer Products Group’s raw materials are subject to the availability of fruit, vegetable and grain supply, which is based on conditions that are beyond our control. Frozen fruits, berries, and vegetables are sourced directly from a large number of suppliers throughout the U.S., Mexico and globally, or indirectly through the International Foods Group. Raw material suppliers for healthy snacks products include growers and traders of apples and apple concentrates, flavor companies, processors and traders of fruit and grain products, including the International Foods Group.

International Foods Group

Operations and Product Offerings—International Foods Group

The International Foods Group includes European and North American based operations that source and supply raw material ingredients and trade organic commodities. Its principal operations are located in Amsterdam, the Netherlands and Santa Cruz, California and comprise the global sourcing and supply operations of Tradin Organic, including a business in Dalian, China that supplies food grade organic soybeans, feed, organic sunflower kernels and other grains and distributes certain organic food products, as well as sourcing and processing operations in Ethiopia for organic and specialty coffees and organic and conventional sesame seeds. In addition, the International Foods Group is expanding its integrated processing capabilities with the construction of its value-added organic and specialty cocoa facility in the Netherlands.

The International Foods Group sources raw material ingredients from approximately 60 countries around the world, and, in our estimation, is one of the largest suppliers of a wide range of organic commodities to the food industry in the European, North American and Asian markets. It sources organic fruit and vegetable based ingredients, sweeteners, cocoa, coffee, grains, nuts, seeds and pulses and other organic food products from virtually every continent to ensure quality of supply, minimize crop risk and provide contra-seasonal solutions to our customers. In many cases, the International Foods Group will enter into exclusive arrangements with growers and/or processors of key strategic commodities to control the reliability of its supply chain.

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Competition—International Foods Group

The organic food industry is very competitive due primarily to the limited worldwide supply of organic raw materials. The International Foods Group’s competitors in the supply of industrial organic ingredients include domestic and worldwide brokers, traders and food processors.

Distribution, Marketing and Sales—International Foods Group

Sales and marketing is conducted through technically oriented sales teams strategically located close to specific geographic sourcing and/or sales regions. The International Foods Group maintains one of the largest global sourcing and supply networks in the world, working closely to develop and manage global organic supply and link these supplies with diverse customer needs, and it also provides procurement support for other SunOpta operations.

Suppliers—International Foods Group

The International Foods Group’s raw material suppliers include growers, processors and traders of non-GMO and organic fruit and vegetable based ingredients, sweeteners and other food products. Raw materials are sourced from growing regions worldwide. Organic food suppliers are required to meet stringent organic certification requirements equivalent to the USDA National Organic Program, European Union (“EU”) standards, or others.

Regulation—SunOpta Foods

SunOpta Foods is subject to a wide range of governmental regulations and policies in various countries and regions where we operate, including the U.S., Canada, the Netherlands, throughout the rest of the EU, China and Ethiopia. These laws, regulations and policies are implemented, as applicable in each jurisdiction, on the national, federal, state, provincial and local levels. For example, SunOpta Foods is affected by laws and regulations related to: seed, fertilizer and pesticides; the purchasing, harvesting, transportation and warehousing of grain and other products; the processing, packaging and sale of food, including wholesale operations; and product labelling and marketing, food safety and food defense. SunOpta Foods is also affected by government-sponsored price supports, acreage set aside programs and a number of environmental regulations.

U.S. Regulations

SunOpta Foods is required to comply with the regulations and policies promulgated by the Environmental Protection Agency (“EPA”) and corresponding state agencies, as well as the USDA, the Grain Inspection, Packers and Stockyard Administration, the FDA, the Federal Trade Commission (“FTC”), Occupational Safety and Health Administration (“OSHA”) and the Commodities and Futures Trading Commission.

USDA National Organic Program and Similar Regulations

SunOpta Foods is involved in the sourcing, manufacturing, supplying, processing, marketing, selling and distribution of organic seed and food products and, as such, is subject to certain organic quality assurance standards. In 1990, Congress passed the Organic Foods Production Act mandating that the USDA develop national standards for organically produced agricultural products to assure consumers that those products marketed as organic meet consistent, uniform standards. The Organic Foods Production Act established the National Organic Program, a marketing program housed within the Agricultural Marketing Service of the USDA.

In December 2000, after considering recommendations from the National Organic Standards Board, as well as private, state, and foreign organic certification programs, USDA adopted regulations with respect to a national organic production, handling, labeling and certification program contained within 7 CFR 205. The regulations became fully effective in October 2002. These regulations, among other things, set forth the minimum standards producers must meet, and have reviewed by an accredited USDA-certifying agent, in order to label their products “100% organic”, “organic”, or “made with organic ingredients” and display the USDA organic seal. The regulations impose strict standards on the production of organic food products and limit the use of non-organic or synthetic materials in the production of organic foods. Generally, organic food products are produced using:

• agricultural management practices intended to promote and enhance ecosystem health;

• no genetically engineered seeds or crops, sewage sludge, long-lasting pesticides, herbicides or fungicides; and

• food processing practices intended to protect the integrity of the organic product and disallow irradiation, genetically modified organisms or synthetic preservatives.

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After becoming certified, organic operations must retain records concerning the production, harvesting, and handling of agricultural products that are to be sold as organic for a period of five years. Any organic operation found to be in violation of the USDA organic regulations is subject to enforcement actions, which can include financial penalties or suspension or revocation of their organic certificate.

Additionally, our organic products may be subject to various state regulations. Many states have adopted their own organic programs making the state agency responsible for enforcing USDA regulations for organic operations. However, state organic programs may also add more restrictive requirements due to specific environmental conditions or the necessity of production and handling practices in the state. Applicable regulatory agencies in the U.S. include the USDA, which monitors and ensures the integrity of both the organic process and agricultural grain business, and the FDA and Department of Homeland Security (“DHS”), which oversee the safety, security and efficacy of the food supply in the U.S.

We currently manufacture and distribute a number of organic products that are subject to the standards set forth in the Organic Foods Production Act and the regulations adopted thereunder by the National Organic Standards Board. We believe that we are in material compliance with the organic regulations applicable to our business.

Food-Related Regulations

As a manufacturer and distributor of food products, SunOpta Foods is also subject to a number of federal, state and local food-related regulations, including, but not limited to, the Federal Food, Drug and Cosmetic Act of 1938 (the “FDCA”) and regulations promulgated thereunder by the FDA. This comprehensive regulatory framework governs the manufacture (including composition and ingredients), labeling, packaging and safety of food in the U.S. The FDA:

• regulates manufacturing practices for foods through its current good manufacturing practices regulations;

• specifies the standards of identity for certain foods, including many of the products we sell; and

• prescribes the format and content of certain information required to appear on food product labels.

Some of the key food safety and food labeling regulations in the U.S. include, but are not limited to, the following:

1. Food Safety Regulations

In 2011, the Food Safety Modernization Act (the “FSMA”) became effective, significantly expanding the authority of the FDA and imposing new regulation of food production, sales and imports. The goal of FSMA is to shift the focus of the current food safety scheme away from one that is reactive to one that is preventative. Although there remains uncertainty concerning how FSMA will be implemented in light of budgetary concerns, the FDA has taken initial steps to assert its new authority. For instance, the FDA has begun using its authority to administratively detain food products that it has reason to believe are adulterated or misbranded for up to 30 days. In addition, the agency has issued interim final rules on criteria for administrative detention and on prior notice of imported food.

Most recently in January 2013, the FDA released for public comment proposed rules on Preventive Controls for Human Food and Standards for Produce Safety. The FDA expects to issue its proposed rule on importer foreign supplier verification in the near term. Future proposed rules will address preventive controls for animal food, and accreditation of third-party auditors. The proposed rules on preventive controls relating to human food for human consumption would apply to SunOpta Foods as we manufacture, process, pack and hold food for human consumption. The rule proposes a requirement that firms have written plans in place to identify potential hazards, put in place steps to address them, verify that the steps are working, and outline how to correct any problems that arise. The rule also proposes a requirement that each covered facility prepare and implement a written food safety plan, which would include the following: hazard analysis; risk based preventive controls; monitoring procedures; corrective actions; verification; and recordkeeping.

In addition, we are subject to the Public Health Security and Bioterrorism Preparedness and Response Act of 2002 (the “Bioterrorism Act”) and regulations issued thereunder. The Bioterrorism Act authorizes the FDA to take the regulatory action necessary to protect the nation’s food supply against the threat of intentional or accidental contamination. The major components of the Bioterrorism Act include registration of food facilities with the FDA; prior notice of virtually all imported food shipments under FDA authority; recordkeeping requirements for food facilities; FDA authority to administratively detain food; FDA authority to institute debarment of food importers for various violations related to food importation; and creation of a clear way to re-import previously refused foods if certain criteria are met.

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Lastly, we are subject to numerous other federal, state and local regulations involving such matters as the licensing and registration of manufacturing facilities, enforcement by government health agencies of standards for our products, inspection of our facilities and regulation of our trade practices in connection with the sale of food products.

2. Food Labeling Regulations

SunOpta Foods is subject to certain requirements relating to food labeling under the FDCA and corresponding FDA regulations as well as the Fair Packaging and Labeling Act enacted in 1967 and corresponding FTC regulations. Although the FTC, FDA, and USDA share jurisdiction over claims made by manufacturers of food products, the FDA retains primary jurisdiction over the labeling of food products whereas the FTC regulates advertising.

The FDA and FTC require that all food products be labeled to disclose the net contents, the identity of commodity, nutrition information, and the name and place of business of the product’s manufacturer, packer, or distributor in order to prevent consumer deception. Both agencies also require that any claim on the product be truthful and not misleading.

Other state and local statutes and regulations may impose additional food labeling requirements. For instance, the California Safe Drinking Water and Toxic Enforcement Act of 1986 (commonly referred to as “Proposition 65”) requires, with a few exceptions, that a specific warning appear on any consumer product sold in California that contains a substance, above certain levels, listed by that state as having been found to cause cancer or birth defects. This law exposes all food and beverage producers to the possibility of having to provide warnings on their products.

FDA GRAS Regulations

Food ingredients can be classified into four groups including: food additives; color additives; prior sanctioned substances, and GRAS substances. In particular, a food additive is a substance, “the intended use of which results or may reasonably be expected to result, directly or indirectly, either in their becoming a component of food or otherwise affecting the characteristics of food”. Food additives require premarket approval under the 1958 Food Additive Amendments to the FDCA as administered by FDA. However, in enacting those amendments, Congress recognized that many substances intentionally used in a manner whereby they are added to food would not require a formal premarket review by FDA to assure their safety, either because their safety had been established by a long history of use in food or by virtue of the nature of the substances, their customary or projected conditions of use, and the information generally available to scientists about the substances. Congress thus excluded from the definition of “food additive” substances that are generally recognized, among qualified experts, as having been adequately shown through scientific procedures to be safe under the conditions of their intended use, or GRAS.

Companies may establish GRAS status through “self-affirmation” whereby the producer determines on its own that the ingredient is GRAS, normally with the assistance of a panel of qualified experts. The producer may also voluntarily submit a “GRAS Notification” to the FDA that includes the products description, conditions of use, and the basis for GRAS determination, among other information. The FDA response to a GRAS notice, typically issued within 180 days, is not an approval and the product may be marketed while the FDA is reviewing the information.

A food ingredient is eligible for GRAS classification based on the “views of experts qualified by scientific training and experience to evaluate the safety” of the product. The expert’s views are either based on scientific procedures or through experience based on common use of the material prior to 1958. If based on scientific procedures they must use the same quantity and quality of scientific evidence as would be required for the FDA to issue a premarket approval of the sale of a food additive. If a food ingredient is not entitled to GRAS status, premarket approval must be sought through the filing of a Food Additive Petition.

Many of SunOpta Food’s products are being marketed pursuant to GRAS self-affirmation. We believe that a majority of products for which we have retained commercial rights are GRAS. However, such status cannot be determined until actual formulations and uses are finalized. Thereafter, we decide whether self-affirmation procedures and a GRAS notification will be appropriate. For those components that do not qualify for GRAS, we may be required to file a Food Additive Petition. In the event that a petition is required, we may elect to sell or license its rights to manufacture, market, and distribute the component to another party.

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Environmental Regulations

SunOpta Foods is also subject to various U.S. federal, state and local environmental regulations. Some of the key environmental regulations in the U.S. include, but are not limited to, the following.

• Air quality regulations – air quality is regulated by the EPA and certain city/state air pollution control groups. Emission reports are filed annually.

• Waste treatment/disposal regulations – solid waste is either disposed of by a third-party or, in some cases, we have a permit to haul and apply the sludge to land. Agreements exist with local city sewer districts to treat waste at specified levels of Biological Oxygen Demand (“BOD”), Total Suspended Solids (“TSS”) and other constituents. This can require weekly/monthly reporting as well as annual inspection.

• Sewer regulations – we have agreements with the local city sewer districts to treat waste at specified limits of BOD and TSS. This requires weekly/monthly reporting as well as annual inspection.

• Hazardous chemicals regulations – Various reports are filed with local city/state emergency response agencies to identify potential hazardous chemicals being used in our facilities, including reports filed with the Department of Public Safety Emergency Response Commission in Minnesota and the Kentucky Emergency Response Commission.

• Storm water – all facilities are inspected annually and must comply with an approved storm water plan to protect water supplies.

Employee Safety Regulations

We are subject to certain safety regulations, including OSHA regulations. These regulations require us to comply with certain manufacturing safety standards to protect our employees from accidents. We believe that we are in material compliance with all employee safety regulations applicable to our business.

Canadian and Other Non-U.S. Regulations

Outside of the U.S., regulations concerning the sale or characterization of food ingredients vary substantially from country to country, and we take appropriate steps to comply with such regulations.

In Canada, the sale of food is regulated under various federal and provincial laws, principally the federal Food and Drugs Act (“FADA”), Canada Agricultural Products Act (“CAPA”), and the Canadian Environmental Protection Act, 1999 (“CEPA”), along with their supporting regulations. Some of the key Canadian regulatory instruments include but are not limited to the following:

• Food and Drug Regulations (under the FADA) – food and drugs are subject to specific regulatory requirements, including composition (such as food additives, fortification, and food standards), packaging, labelling, advertising and marketing, and licensing requirements.

• Organic Products Regulations, 2009 (“OPR”) (under the CAPA) – as of June 30, 2009, the OPR require mandatory certification to the revised national organic standard for agricultural products that are to be represented as organic in international and inter-provincial trade, or that bear the federal organic agricultural product legend (or federal logo). Except for certain exceptions and conditions, a U.S.-Canada Organic Equivalence Arrangement is currently in place whereby agricultural products produced and processed in conformity with the U.S. Organic Foods Production Act and the Canadian OPR are deemed to have been produced and processed in accordance with the OPR and may be sold, labelled or represented in Canada as organic.

• Canada Consumer Product Safety Act (“CCPSA”) – the CCPSA provides oversight and regulation of consumer products with respect to manufacturers, importers, and retailers. It includes, without limitation, the ability to require product recalls, mandatory incident reporting, document retention requirements, increased fines and penalties, and packaging and labeling requirements. While the CCPSA does not apply to food, it does apply to its packaging with respect to safety. It is possible that there will be amendments introduced to the FADA, to capture the essence of the regulatory oversight found in the CCPSA. We have no way of anticipating if and when that may occur.

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We are subject to Dutch and European Commission (“EC”) regulations and policies. Our European subsidiary, TOC, is involved in the sourcing, supplying, marketing, selling and distribution of organic food products and, as such, is subject to standards for production, labeling and inspection of organic products contained in EC Regulation 2092/91 (and its subsequent amendments). TOC is certified by Skal, the inspection body for the production of organic products in the Netherlands. Products certified as organic by an EU-recognized inspection body, such as Skal, can be marketed within the entire EU. In addition, under the terms of an equivalency arrangement between the U.S. and the EU, organic operations certified to the USDA organic or EU organic standards may be labeled and sold as organic in both the U.S. and EU.

TOC is also affected by general food legislation both at EU and Dutch level relating to product safety and hygiene, among others. TOC is Hazard Analysis and Critical Control Point certified in the Netherlands and manages a fully computerized system that guarantees the traceability of each product. In addition, TOC also considers and abides by EU and local legislation with regard to packaging and packaging waste. TOC is also subject to the regulations and policies of the countries outside of the EU in which it operates, including China and Ethiopia.

Research and Development—SunOpta Foods

Research and development and new product and process innovation are key priorities of SunOpta Foods and initiatives are focused on continuous improvement of our existing product portfolios and production processes, as well as the development of innovative new products. Innovation is a key pillar for us and a necessity in the natural and organic foods categories.

SunOpta Food’s extensive applications and research and development expertise is organized around four key product categories:

• Grains and grain-based ingredients through finished packaged products;

• Value-added ingredients focused on fiber and fruit based applications;

• Fruit-based consumer packaged products; and

• Value-added nutritious healthy snacks and portable foods.

Our product development teams include highly trained and experienced food scientists and technologists that are dedicated to both the development of unique new product offerings plus addressing product development opportunities for our customers including new and custom formulations, innovations in packaging formats, and new production processes and applications. Applications and technical support provided by each of our operating groups to our customers include all aspects of product development from concept to commercial launch, as well as ongoing manufacturing and processing support. Representatives from our operating groups also meet regularly to coordinate efforts to develop products which leverage the talents and product capabilities from across our organization.

SunOpta Foods continues to develop new products to maximize the capabilities of our aseptic packaging facilities in Modesto, California and Alexandria, Minnesota, including the development of non-dairy based beverages that address the growing consumer demand for beverages that address allergy concerns and provide a unique nutritional portfolio. The expanding interest to incorporate grain-based foods in consumers’ diets also creates numerous opportunities to develop ingredients that can be incorporated into food developers’ menu items.

In addition, SunOpta Foods continues to expand its product portfolio via the addition of new fiber and ingredient offerings that can be used to improve the nutritional content and functionality of a variety of foods. Demand for food fibers has continued to grow and we believe that this is a long-term trend due to an increased focus on healthy foods. Many of our ingredient solutions can be used in products that aid in satiety to respond to the growing epidemic of obesity in North America and elsewhere. Many of our ingredients can also be used in products which qualify for a “whole grain” claim by augmenting the insoluble and soluble fiber content of foods.

SunOpta Foods also continues to develop new fruit-based beverages, healthy fruit snacks, nutrition bars and fruit based resealable pouch products, as well as innovative fruit ingredient systems for the dairy, food service and beverage industries. We are also looking at using fiber and other ingredients in these fruit products to improve their ability to address satiety and lower glycemic indices.

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Intellectual Property—SunOpta Foods

The nature of a number of SunOpta Food’s products and processes requires that we create and maintain patents, trade secrets and trademarks. Our policy is to protect our technology, brands and trade names by, among other things, filing patent applications for technology relating to the development of our business in the U.S. and in selected foreign jurisdictions, registering trademarks in the U.S., Canada and selected foreign jurisdictions where we sell products, and maintenance of confidentiality agreements with outside parties and employees.

SunOpta Food’s success will depend, in part, on our ability to protect our products, trade names and technology under U.S. and international patent laws and other intellectual property laws. We believe that we own or have sufficient rights to use all of the proprietary technology, information and trademarks necessary to manufacture and market our products; however, there is always a risk that patent applications relating to our products or technologies will not result in patents being issued, or, if issued, will be later challenged by a third party, or that current or additional patents will not afford protection against competitors with similar technology.

We also rely on trade secrets and proprietary know-how and confidentiality agreements to protect certain technologies and processes. Even with these steps taken, our outside partners and contract manufacturers could gain access to our proprietary technology and confidential information. All employees are required to adhere to internal policies which are intended to further protect our technologies, processes and trade secrets.

Properties—SunOpta Foods

As at December 29, 2012, SunOpta Foods operated 27 processing facilities in 11 U.S. states, as well as China and Ethiopia. SunOpta Foods also owns and leases a number of office and distribution locations in the U.S., Canada, the Netherlands, Ethiopia and China, and leases and utilizes public warehouses to satisfy its storage needs. For more details see Item 2. Properties, elsewhere in this report.

OPTA MINERALS

Introduction

Opta Minerals, a majority-owned subsidiary, is a vertically integrated provider of custom process solutions and industrial minerals products. We acquired Opta Minerals (formerly known as Barnes Environmental and Industrial) in 1995. Since then, Opta Minerals has grown steadily through a combination of internal growth and strategic acquisitions in Canada, the U.S., and Europe. In February 2005, we sold approximately 29% of the outstanding common shares of Opta Minerals as part of an initial public offering. As at December 29, 2012, our ownership position in Opta Minerals was 66.1% . The common shares of Opta Minerals are traded on the Toronto Stock Exchange (“TSX”), under the symbol “OPM”.

Business Development

Opta Minerals has completed the following acquisitions over the last three fiscal years:

• In August 2012, Opta Minerals acquired approximately 94% of the outstanding common shares of WGI Heavy Metals, Incorporated (“WGI”). In November 2012, Opta Minerals completed the acquisition of the remaining outstanding common shares of WGI. Opta Minerals paid total cash consideration of $14,968. WGI’s principal business is the processing and sale of industrial abrasive minerals, and the sourcing, assembly and sale of ultra-high pressure waterjet cutting machine replacement parts and components. This acquisition complemented Opta Minerals’ existing product portfolio and expands product line offerings to new and existing customers.

• In February 2012, Opta Minerals acquired all of the outstanding common shares of Babco Industrial Corp. (“Babco”) located in Regina, Saskatchewan for cash at closing of $17,530, subject to customary post-closing purchase price adjustments, plus contingent consideration based on the achievement of certain earnings targets over the next five years. Babco is an industrial processor and supplier of petroleum coke, synthetic slag, ladle sand and crushed graphite. This acquisition complemented Opta Minerals’ existing product portfolio and provides for additional product line offerings to new and existing customers in the region.

• In November 2011, Opta Minerals acquired the members’ interest in Inland RC, LLC, (“Inland”) a manufacturer of pre-cast refractory shapes, injection lances and electric furnace deltas for cash consideration of $658 plus contingent consideration based on the achievement of certain financial targets. Inland’s business is complementary with current Opta Minerals product offerings and has capacity for growth and significant synergy opportunities.

SUNOPTA INC. 19 December 29, 2012 10-K

Operations and Product Offerings—Opta Minerals

Opta Minerals competes primarily in the industrial minerals and silica-free abrasives markets, focusing to date on select markets in North America and in Europe. Opta Minerals currently has offices and production and distribution facilities in Ontario, Québec, Saskatchewan, Florida, Idaho, Indiana, Louisiana, Maryland, Michigan, New York, Ohio, South Carolina, Texas, Virginia and production locations in Europe in Kosice, Slovakia; Romans, France; and Ermsleben and Rodermark, Germany. Opta Minerals successful integration of its business acquisitions into its existing operations and financial management systems has created synergies that have increased revenues and profit margins. It has invested in improving plant equipment and infrastructure and has been able to reduce costs while growing production capabilities. We believe that Opta Minerals is currently well-positioned to expand current operations with modest capital expenditures.

Opta Minerals produces, manufactures, distributes and recycles industrial minerals, silica-free abrasives and specialty sands and other products and services to the foundry, steel, loose abrasive cleaning, roofing granule, marine/bridge cleaning, waterjet cutting, and municipal, recreational and industrial water filtration industries. Its principal product lines include: (i) blends of industrial minerals used primarily in heavy industrial applications; (ii) silica-free abrasives; and (iii) specialty sands, filtration media and other products and services.

Industrial Minerals

Opta Minerals sells industrial mineral products primarily to the foundry and steel industries. Significant industrial minerals products produced by Opta Minerals include chromites, magnesium blends, lime, nozzle sands, clays, coated sands, petroleum coke, crushed graphite, pre-cast refractory shapes, injection lances, and a wide range of foundry pre-mixes.

Silica-Free Abrasives

Opta Minerals abrasive products are primarily sold into shipbuilding, ship repair, bridge cleaning, waterjet cutting and roofing granule markets. The abrasives produced are free of silica, making them a clean, efficient and recyclable alternative to traditional abrasives. Recycling operations are conducted at Waterdown, Ontario, Norfolk, Virginia and Ermsleben, Germany. This is an important service that Opta Minerals provides to its customers which results in the reuse of materials that would otherwise be sent directly to landfills. Significant silica-free abrasive products produced by Opta Minerals include BlackBlast, Ultra Blast, EconoBlast, EbonyGrit, Powerblast, Galaxy Garnet, Emerald Creek Garnet, Bengal Bay Garnet and other specialty abrasives.

Specialty Sands and Other Products and Services

Opta Minerals also generates revenues from the sale of specialty sands, filtration media and other products and technical services. The silica sands are not sold for use as an abrasive material. Significant specialty sands and other products and services of Opta Minerals include filtration and industrial sands, garnets for filtration and waterjet cutting, construction sands, golf bunker sand, silica (not sold for loose abrasive applications), colored sand, waterjet cutting replacement parts and components, and technical services.

Properties—Opta Minerals

Opta Minerals’ operations encompass and service much of North America. Opta Minerals has built or acquired facilities at locations along the east and southern coasts of the U.S. where major shipbuilding, ship repair, bridge cleaning and roofing shingle production activities are concentrated. Multiple facilities allow for fast and economic service and have enabled Opta Minerals to broaden its product lines to supply wider markets and applications from these facilities.

Opta Minerals’ operations in Europe service major integrated steel mill customers, as well as a variety of other industries in Europe and represents a platform for continued growth in European markets.

For more details, see Item 2. Properties, elsewhere in this report.

SUNOPTA INC. 20 December 29, 2012 10-K

Competition—Opta Minerals

In both industrial minerals and abrasive markets, Opta Minerals competes through a combination of product quality and customer service combined with competitive pricing.

Industrial Minerals

The industrial minerals industry is characterized by a number of large public and private companies that service the bulk of requirements for both the foundry and steel industry. These companies include Vesuvius Group S.A./N.V., Stollberg Group, SKW Mettalurgie Gmbh, Magnesium Elektron and Prince Minerals which tend to have broad product offerings that service a range of customer requirements. The remaining market requirements are fulfilled by small regionally based companies with limited product lines that generally focus on local markets.

Silica-Free Abrasives

The silica-free abrasives industry is characterized by a number of regionally-based companies with limited product lines tending to focus on geographically adjacent markets. Their competition varies by product line, customer classification and geographic market. Opta Minerals conducts business throughout North America with a focus on key regions including the Quebec-Detroit corridor, New York, Maryland, Virginia, Georgia, Florida, Louisiana and Texas, all of which are areas of high volume ship repairs and bridge cleaning activities.

Specialty Sands and Other Products and Services

Competition within the specialty sand and other niche markets serviced by Opta Minerals is characterized by a number of small, regionally-based competitors. Competition varies by product line, customer classification and geographic market.

Distribution, Marketing and Sales—Opta Minerals

Opta Minerals has an active program to develop and acquire new products and services that expand their target markets while leveraging their existing infrastructure and expertise. Opta Minerals offers one of the broadest ranges of industrial minerals and abrasives in the industry and can provide customer product configuration solutions for almost every type of application. Opta Minerals conducts business throughout North America and key areas of Europe, via a direct sales force supported by strong technical and operational resources, with a focus on high volume industrial mineral consumption regions. Opta Minerals’ facilities are strategically located near customers or raw material supplies to economically and efficiently distribute products.

Suppliers—Opta Minerals

As is customary in the industry, Opta Minerals generally does not have long-term contracts with its major suppliers. Although we believe that Opta Minerals have access to similar products from competing suppliers, any disruption in the source of supply, particularly of the most commonly used or exclusively sourced items, or any material fluctuation in the quality, quantity or cost of such supply, could have a material adverse effect on our results of operations and financial condition.

Opta Minerals obtains key raw materials such as magnesium, lime, coal slag, copper slag, nickel slag, petroleum coke and garnet from a wide variety of global sources. Copper slag is supplied by both domestic and foreign mining and refining companies. Coal slag is supplied on an exclusive basis from U.S. power plants and other suppliers. Petroleum coke is supplied primarily by a Canadian petroleum refiner. Opta Minerals produces industrial garnet derived from a waste mining stream at its Keeseville, New York facility. In addition, it has agreements with multiple mines in China and suppliers in India to market their garnet in North America, South America and Europe. Opta Minerals also purchases significant quantities of magnesium for its mill and foundry services operations from manufacturers located primarily in China, Eastern Europe and the Middle East.

SUNOPTA INC. 21 December 29, 2012 10-K

Regulation—Opta Minerals

Opta Minerals’ business primarily involves the handling of inorganic and mineral-based materials. These types of materials are generally benign and are not expected to give rise to environmental issues. Almost all of their environmental regulation is standard to the industry with the exception of certain permits required in Ontario and Virginia to recycle various types of solid waste, and in Idaho for the protection of wetlands and reclamation of land. The Ontario Ministry of Environment has the right to inspect the Waterdown, Ontario site and review the results of third party monitoring and perform its own testing. Similar rights of inspection by the EPA and state regulators exist at the facility in Norfolk, Virginia. At both locations, they are subject to monthly reporting and periodic audits as well as having a financial bond in place with the respective governments should there be a contamination.

Since we acquired Opta Minerals in 1995, we believe it has been in material compliance with all applicable environmental legislation and has not been subject to any actions by regulatory authorities. Based on known existing conditions, all facilities are currently in material compliance with all environmental permitting requirements of the local authorities and are reviewed on an annual basis. These permits generally cover air and ground water at those facilities where applicable. Absent any currently unforeseen changes to applicable legislation, we anticipate that future costs relating to environmental compliance will not have a material adverse effect on our financial position.

CORPORATE SERVICES GROUP

The corporate office of SunOpta is located in Brampton, Ontario. In addition, centralized information technology and financial shared services groups are located in Edina, Minnesota. Employees of the Corporate Services Group perform a variety of management, financial, information technology and administration roles.

ENVIRONMENTAL HAZARDS

We believe that, with respect to both our operations and real property, we are in material compliance with environmental laws at all of our locations.

EMPLOYEES

As of December 29, 2012, we had a total of 1,830 (December 31, 2011 – 1,889) employees as follows:

Segment	Employees
SunOpta Foods	1,426
Opta Minerals	347
Corporate Services	57
Total	1,830

We believe that our relations with both union and non-union employees are good.

AVAILABLE INFORMATION

Our annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (the “Exchange Act”), are available free of charge on our website at www.sunopta.com as soon as reasonably practicable after we file such information electronically with, or furnish it to, the U.S. Securities and Exchange Commission (the “SEC”) and applicable Canadian Securities Administrators (the “CSA”).

Item 1A. Risk Factors

Our business, operations and financial condition are subject to various risks and uncertainties, including those described below and elsewhere in this report. We believe the most significant of these risks and uncertainties are described below, any of which could adversely affect our business, financial condition and results of operations and could cause actual results to differ materially from the results contemplated by the forward-looking statements contained in this report. In such case, the trading price of our common stock could decline, and you may lose all or part of your investment. There may be additional risks and uncertainties not presently known to us or that we currently consider immaterial. Consequently, you should not consider the following to be a complete discussion of all possible risks or uncertainties applicable to our business. These risk factors should be read in conjunction with the other information in this report and in the other documents that we file from time to time with the SEC and the CSA.

SUNOPTA INC. 22 December 29, 2012 10-K

Our business may be materially and adversely affected by our ability to renew our North American syndicated credit facilities when they become due on July 27, 2016

Our North American syndicated credit facilities mature on July 27, 2016. We may not be able to renew these facilities to the same level, or on terms as favorable as in previous years. A reduced facility may impact our ability to finance our business, requiring us to scale back our operations and our use of working capital. Alternatively, obtaining credit on less favorable terms would have a direct impact on our profitability and operating flexibility.

Our credit agreements restrict how we may operate our business, and our business may be materially and adversely affected if these restrictions prevent us from implementing our business plan

We have a number of credit agreements providing for various credit facilities including a primary facility with a syndicate of lenders. Our credit agreements contain covenants that limit the discretion of our management with respect to certain business matters. These covenants place restrictions on, among other things, our ability to incur additional indebtedness, to create other liens, to complete a merger, amalgamation or consolidation, to make certain distributions or make certain payments, investments and guarantees and to sell or otherwise dispose of certain assets. These restrictions may hinder our ability to execute on our growth strategy or prevent us from implementing parts of our business plan.

Our business could be materially and adversely affected if we are unable to meet the covenants of our credit facilities

Although we are currently in compliance with the financial covenants under our credit agreements and we believe that we are well positioned to comply with the financial covenants under our credit agreements in the future, compliance with these financial covenants will depend on the success of our business, our operating results, and our ability to achieve our financial forecasts. Various risks uncertainties and events beyond our control could affect our ability to comply with the financial covenants and terms of the credit agreements. Failure to comply with our financial covenants and other terms could result in an event of default and the acceleration of amounts owing under the credit agreements, unless we were able to negotiate a waiver. The lenders could condition any such waiver on an amendment to the credit agreements on terms that may be unfavorable to us. If we are unable to negotiate a covenant waiver or replace or refinance our credit agreements on favorable terms or at all, our business will be adversely impacted.

We may require additional capital to maintain current growth rates, which may not be available on favorable terms or at all

We have grown via a combination of internal growth and acquisitions requiring available financial resources. Our ability to raise capital, through equity or debt financing, is directly related to our ability to both continue to grow and improve returns from our operations. Debt or equity financing may not be available to us on favorable terms or at all. In addition, an equity financing would dilute our current shareholders and may result in a decrease in our share price if we are unable to realize returns equal to or above our current rate of return. We will not be able to maintain our growth rate and our strategy as a consolidator within the natural and organic food industries without continued access to capital resources.

Our customers generally are not obligated to continue purchasing products from us

Many of our customers buy from us under purchase orders, and we generally do not have long-term agreements with or commitments from these customers for the purchase of products. We cannot provide assurance that our customers will maintain or increase their sales volumes or orders for the products supplied by us or that we will be able to maintain or add to our existing customer base. Decreases in our customers’ sales volumes or orders for products supplied by us may have a material adverse effect on our business, financial condition or results of operations.

Loss of a key customer could materially reduce revenues and earnings

Although we had no customers that represented over 10% of revenues for the year ended December 29, 2012, the loss or cancellation of business with any of our larger customers could materially and adversely affect our business, financial condition or results of operations.

SUNOPTA INC. 23 December 29, 2012 10-K

Consumer preferences for natural and organic food products are difficult to predict and may change

Approximately 88% of our fiscal 2012 revenues were derived from SunOpta Foods. Our success depends, in part, on our ability and our customers' ability to offer products that anticipate the tastes and dietary habits of consumers and appeal to their preferences on a timely and affordable basis. A significant shift in consumer demand away from our products or products that utilize our integrated grains, ingredients and fruits, or our failure to maintain our current market position, could reduce our sales and harm our business. Consumer trends change based on a number of possible factors, including nutritional values, a change in consumer preferences or general economic conditions. Additionally, there is a growing focus among some consumers to buy local food products in an attempt to reduce the carbon footprint associated with transporting food products from longer distances, which could result in a decrease in the demand for food products and ingredients that we import from other countries or transport from remote processing locations or growing regions. These changes could lead to, among other things, reduced demand and price decreases, which could have a material adverse effect on our business.

We operate in a highly competitive industry

We operate businesses in highly competitive product and geographic markets in the U.S., Canada, Europe and various international markets. The Grains and Foods Group, Ingredients Group, Consumer Products Group and International Foods Group compete with various U.S. and international commercial grain procurement marketers, major companies with food ingredient divisions, other food ingredient companies, stabilizer companies, trading companies, and consumer-packaged food companies that also engage in the development and sale of food ingredients and other food companies involved in natural and organic fruits. These competitors may have financial resources and staff larger than ours and may be able to benefit from economies of scale, pricing advantages and greater resources to launch new products that compete with our offerings. We have little control over and cannot otherwise affect these competitive factors. If we are unable to effectively respond to these competitive factors or if the competition in any of our product markets results in price reductions or decreased demand for our products, our business, results of operations and financial condition may be materially impacted.

An interruption at one or more of our manufacturing facilities could negatively affect our business

We own or lease, manage and operate a number of manufacturing, processing, packaging, storage and office facilities (see Item 2. Properties, elsewhere in this report). An interruption in or the loss of operations at one or more of these facilities, or the failure to maintain our labor force at one or more of these facilities, could delay or postpone production of our products or our ability to deliver such products, which could have a material adverse effect on our business, results of operations and financial condition until we could secure an alternate source of supply.

If we lose the services of our key management, our business could suffer

Our prospects depend to a significant extent on the continued service of our key executives, and our continued growth depends on our ability to identify, recruit and retain key management personnel. We are also dependent on our ability to continue to attract, retain and motivate our personnel. We do not carry key person life insurance on any of our executive officers, with the exception of the President and Chief Executive Officer of Opta Minerals. If we lose the services of our key management or fail to identify, recruit and retain key personnel, our business, results of operations and financial condition may be materially and adversely impacted.

If we do not manage our supply chain effectively, our operating results may be adversely affected

Our supply chain is complex. We rely on suppliers for our raw materials and for the manufacturing, processing, packaging and distribution of many of our products. The inability of any of these suppliers to deliver or perform for us in a timely or cost-effective manner could cause our operating costs to rise and our margins to fall. Many of our products are perishable and require timely processing and transportation to our customers. Many of our products can only be stored for a limited amount of time before they spoil and cannot be sold. We must continuously monitor our inventory and product mix against forecasted demand or risk having inadequate supplies to meet consumer demand as well as having too much inventory that may reach its expiration date. If we are unable to manage our supply chain efficiently and ensure that our products are available to meet consumer demand, our operating costs could increase and our margins could fall.

Volatility in the prices of raw materials and energy could increase our cost of sales and reduce our gross margins

Raw materials used by SunOpta Foods and Opta Minerals represent a significant portion of our cost of sales. Our cost to purchase services and materials, such as grains, fruits and other commodities, processing aids, industrial minerals and natural gas, can fluctuate depending on many factors, including weather patterns, economic and political conditions and pricing volatility. In addition, we must compete for limited supplies of these raw materials and services with competitors having greater resources than us. If our cost of materials and services increases due to any of the above factors, we may not be able to pass along the increased costs to our customers.

SUNOPTA INC. 24 December 29, 2012 10-K

SunOpta Foods enters into a number of exchange-traded commodity futures and options contracts to partially hedge its exposure to price fluctuations on transactions to the extent considered practicable for minimizing risk from market price fluctuations. Futures contracts used for hedging purposes are purchased and sold through regulated commodity exchanges. Inventories, however, may not be completely hedged, due in part to our assessment of exposure from expected price fluctuations and an inability to hedge a number of raw materials.

Exchange purchase and sales contracts may expose us to risks that a counterparty to a transaction is unable to fulfill its contractual obligation. We may be unable to hedge 100% of the price risk of each transaction due to timing and availability of hedge contracts and third party credit risk. In addition, we have a risk of loss from hedge activity if a grower does not deliver the commodity as scheduled. We also monitor the prices of natural gas and will from time to time lock in a percentage of our natural gas needs based on current prices and expected trends.

An increase in our cost of sales resulting from an increase in the price of raw materials and energy would have an adverse impact on our financial condition and results of operations.

Climate change legislation could have an impact on our financial condition and consolidated results of operations

Legislative and regulatory authorities in the U.S., Canada and internationally will likely continue to consider numerous measures related to climate change and greenhouse gas emissions. In order to produce, manufacture and distribute our products, we and our suppliers, use fuels, electricity and various other inputs that result in the release of greenhouse gas emissions Concerns about the environmental impacts of greenhouse gas emissions and global climate change may result in environmental taxes, charges, regulatory schemes, assessments or penalties, which could restrict or negatively impact our operations, as well as our suppliers, who would likely pass all or a portion of their costs along to us. We may not be able to pass any resulting cost increases along to our customers. Any enactment of laws or passage of regulations regarding greenhouse gas emissions or other climate change legislation by the U.S., Canada or any other international jurisdiction where we conduct business could adversely affect our financial condition and results of operations.

Adverse weather conditions could impose costs on our business

Our various food products, from seeds and grains to ingredients, fruits, vegetables and other inputs, are vulnerable to adverse weather conditions, including windstorms, floods, droughts, fires and temperature extremes, which are quite common but difficult to predict. Additionally, severe weather conditions may occur with higher frequency or may be less predictable in the future due to the effects of climate change. Unfavorable growing conditions can reduce both crop size and crop quality. In extreme cases, entire harvests may be lost in some geographic areas. These factors can increase costs, decrease revenues and lead to additional charges to earnings, which may have a material adverse effect on our business, results of operations and financial condition.

The exercise of stock options, participation in our employee stock purchase plan and issuance of additional securities could dilute the value of our common shares

As of December 29, 2012, there were outstanding stock options to purchase 3,687,500 of our common shares, with exercise prices ranging from $0.91 to $13.75 per common share. The exercise of these stock options could result in dilution in the value of our common shares and the voting power represented thereby. Furthermore, to the extent common shares are issued pursuant to the exercise of stock options, the employee stock purchase plan or other issuances of common shares, our share price may decrease due to the additional amount of common shares available in the market. The subsequent sales of these shares could encourage short sales by our shareholders and others, which could place further downward pressure on our share price. Moreover, the holders of our stock options may hedge their positions in our common shares by short selling our common shares, which could further adversely affect our stock price.

SUNOPTA INC. 25 December 29, 2012 10-K

Impairment charges in goodwill or other intangible assets could adversely impact our financial condition and consolidated results of operations

As a result of our acquisitions, a portion of our total assets is comprised of intangible assets and goodwill. We are required to perform impairment tests of our goodwill and other intangible assets annually, or at any time when events occur that could affect the value of our intangible assets and/or goodwill. We have previously recorded impairment charges to our consolidated statements of operations. We expect to engage in additional acquisitions, which may result in our recognition of additional intangible assets and goodwill. A determination that impairment has occurred would require us to write-off the impaired portion of our goodwill or other intangible assets, resulting in a charge to our earnings. Such a write-off could adversely impact our financial condition and results of operations.

Technological innovation by our competitors could make our food products less competitive

Our competitors include major food ingredient and consumer-packaged food companies that also engage in the development and sale of food and food ingredients. Many of these companies are engaged in the development of food ingredients and other packaged food products and frequently introduce new products into the market. Existing products or products under development by our competitors could prove to be more effective or less costly than our products.

We rely on protection of our intellectual property and proprietary rights

The success of SunOpta Foods depends in part on our ability to protect our intellectual property rights. We rely primarily on patent, copyright, trademark and trade secret laws to protect our proprietary technologies. Our policy is to protect our technology by, among other things, filing patent applications for technology relating to the development of our business in the U.S. and in selected foreign jurisdictions.

Our trademarks and brand names are registered in the U.S., Canada and other jurisdictions. We intend to keep these filings current and seek protection for new trademarks to the extent consistent with business needs. We also rely on trade secrets and proprietary know-how and confidentiality agreements to protect certain of the technologies and processes used by SunOpta Foods.

The failure of any patents, trademarks, trade secrets or other intellectual property rights to provide protection to our technologies would make it easier for our competitors to offer similar products, which could result in lower sales or gross margins.

We are subject to substantial environmental regulation and policies

We are, and expect to continue to be, subject to substantial federal, state, provincial and local environmental regulation. Some of the key environmental regulations to which we are subject include air quality regulations of the EPA and certain city/state air pollution control groups, waste treatment/disposal regulations, including but not limited to specific regulations of the Ontario Ministry of Environment and Energy and the Commonwealth of Virginia, Department of Environmental Quality, sewer regulations under agreements with local city sewer districts, regulations governing hazardous substances, storm water regulations and bioterrorism regulations. For a more detailed summary of the environmental regulations and policies to which we are subject, see “Business – Regulation – SunOpta Foods” and “Business – Regulation – Opta Minerals” in Item 1 of this report. Our business also requires that we have certain permits from various state, provincial and local authorities related to air quality, storm water discharge, solid waste, land spreading and hazardous waste.

In the event that our safety procedures for handling and disposing of potentially hazardous materials in certain of our businesses were to fail, we could be held liable for any damages that result and any such liability could exceed our resources. We may be required to incur significant costs to comply with environmental laws and regulations in the future. In addition, changes to environmental regulations may require us to modify our existing plant and processing facilities and could significantly increase the cost of those operations.

The foregoing environmental regulations, as well as others common to the industries in which we participate, can present delays and costs that can adversely affect business development and growth. If we fail to comply with applicable laws and regulations, we may be subject to civil remedies, including fines, injunctions, recalls or seizures, as well as potential criminal sanctions, which could have a material adverse effect on our business, results of operations and financial condition. In addition, any changes to current regulations may impact the development, manufacturing and marketing of our products, and may have a negative impact on our future results.

SUNOPTA INC. 26 December 29, 2012 10-K

SunOpta Foods is subject to significant food and health regulations

SunOpta Foods is affected by a wide range of governmental regulations in Canada, the U.S., and several countries in Europe, among others. These laws and regulations are implemented at the national level (including, among others, federal laws and regulation in Canada and the U.S.) and by local subdivisions (including, among others, state laws in the U.S. and provincial laws in Canada). We are also subject to regulations of the EU and the regulatory authority of regulatory agencies in several different countries. Examples of regulatory agencies influencing our operations include: the USDA, the FDA, the DHS, the EPA, the CFIA, and Skal, among others.

Examples of laws and regulations that affect SunOpta Foods include laws and regulations applicable to:

• the use of seed, fertilizer and pesticides;

• the purchasing, harvesting, transportation and warehousing of grain and other products;

• the processing and sale of food, including wholesale operations; and

• the product labeling and marketing of food and food products, food safety and food defense.

These laws and regulations affect various aspects of our business. For example, as described in more detail under “Business – Regulation – SunOpta Foods” in Item 1 of this report, certain food ingredient products manufactured by SunOpta Foods are regulated under the 1958 Food Additive Amendments of FDCA, as administered by the FDA. Under the FDCA, pre-marketing approval by the FDA is required for the sale of a food ingredient which is a food additive unless the substance is generally regarded as safe, or GRAS, under the conditions of its intended use by qualified experts in food safety. We believe that most products for which we have retained commercial rights are GRAS. However, such status cannot be determined until actual formulations and uses are finalized. As a result, we may be adversely impacted if the FDA determines that our food ingredient products do not meet the criteria for GRAS. In addition, certain USDA regulations set forth the minimum standards producers must meet in order to have their products labeled as “certified organic” and we currently manufacture a number of organic products that are covered by these regulations. While we believe our products and our supply chain are in compliance with these regulations, changes to food regulations may increase our costs to remain in compliance. We could lose our “organic” certification if a facility becomes contaminated with non-organic materials or if we do not use raw materials that are certified organic. The loss of our “organic” certifications could materially harm our business, results of operations and financial condition.

Changes in any government laws and regulations applicable to our operations could increase our compliance costs, negatively affect our ability to sell certain products or otherwise adversely affect our results of operations. In addition, while we believe SunOpta Foods is in material compliance with all laws and regulations applicable to our operations, we cannot assure you that we have been, or will at all times be, in compliance with all food production and health requirements, or that we will not incur material costs or liabilities in connection with these requirements. Our failure to comply with any laws, regulations or policies applicable to our business could result in fines, lawsuits, enforcement actions, penalties or loss in the ability to sell certain products, any of which could adversely affect our business, results of operations and financial condition.

Our operations are influenced by agricultural policies

SunOpta Foods is affected by governmental agricultural policies such as price supports and acreage set aside programs and these types of policies may affect our business. The production levels, markets and prices of the grains and other raw products that we use in our business are materially affected by government programs, which include acreage control and price support programs of the USDA. Revisions in these programs, in the U.S. and elsewhere, could have an adverse effect on the results of our operations.

Product liability suits, recalls and threatened market withdrawals, could have a material adverse effect on our business

The sale of food products for human consumption involves the risk of injury or illness to consumers. Such injuries may result from inadvertent mislabeling, tampering by unauthorized third parties or product contamination or spoilage. Under certain circumstances, we may be required to recall or withdraw products, which may lead to a material adverse effect on our business. Even if a situation does not necessitate a recall or market withdrawal, product liability claims might be asserted against us. While we are subject to governmental inspection and regulations and believe our facilities and those of our co-packers comply in all material respects with all applicable laws and regulations, if the consumption of any of our products causes, or is alleged to have caused, a health-related illness in the future we may become subject to claims or lawsuits relating to such matters. Even if a product liability claim is unsuccessful or is not fully pursued, the negative publicity surrounding any assertion that our products caused illness or physical harm could adversely affect our reputation with existing and potential customers and consumers and our corporate and brand image. Moreover, claims or liabilities of this sort might not be covered by our insurance or by any rights of indemnity or contribution that we may have against others. We maintain product liability insurance in an amount that we believe to be adequate. However, we cannot be sure that we will not incur claims or liabilities for which we are not insured or that exceed the amount of our insurance coverage. A product liability judgment against us or a product recall could have a material adverse effect on our business, consolidated financial condition, results of operations or liquidity.

SUNOPTA INC. 27 December 29, 2012 10-K

Litigation and regulatory enforcement concerning marketing and labeling of food products

The marketing and labeling of any food product in recent years has brought increased risk that consumers will bring putative class action lawsuits and that the FTC and/or state attorneys general will bring legal action concerning the truth and accuracy of the marketing and labeling of the product. Examples of causes of action that may be asserted in a putative consumer class action lawsuit include fraud, unfair trade practices, recession, and breach of state consumer protection statutes (such as Proposition 65 in California). FTC and/or state attorneys general may bring legal action that seeks removal of a product from the marketplace, fines and penalties. Even when not merited, putative class claims, action by the FTC or state attorneys general enforcement actions can be expensive to defend and adversely affect our reputation with existing and potential customers and consumers and our corporate and brand image.

The value of our ownership position in Opta Minerals is dependent on the ability of Opta Minerals’ management to enhance shareholder value within Opta Minerals

We have identified our investment in Opta Minerals as a non-core holding. The value of our ownership position in Opta Minerals is dependent on the ability of Opta Minerals’ management to enhance shareholder value within Opta Minerals by executing on growth opportunities that may be identified and pursued, including the effective integration of acquisitions, if any, in order to capitalize on synergy opportunities. Our ability to realize the value of our investment in Opta Minerals is dependent on our ability to identify and act on strategic alternatives, including a possible sale of Opta Minerals or our majority ownership interest in Opta Minerals in the future. However, available strategic alternatives, if any, will depend on market conditions from time to time, and there can be no assurance that any viable strategic alternatives will be identified or pursued.

Our lack of management and operational control over Mascoma may limit our ability to protect or increase the value of our interest in Mascoma

We have an 18.7% ownership interest in Mascoma, through a combination of preferred and common shares. We do not have the ability to exercise day-to-day control over Mascoma. The management team of Mascoma could make business decisions that could impair the economic value of our interest in Mascoma. In addition, we have no ability to cause Mascoma to take actions that might be to our benefit, including but not limited to actions relating to a change of control of Mascoma and declarations of dividends to Mascoma’s stockholders. For the foregoing reasons, we may be unable to prevent actions that could have an adverse impact on our investment in Mascoma.

Fluctuations in exchange rates, interest rates and certain commodities could adversely affect our results of operations, financial condition and liquidity

We are exposed to foreign exchange rate fluctuations as our non-U.S.-based operations are translated into U.S. dollars for financial reporting purposes. We are exposed to changes in interest rates as a significant portion of our debt bears interest at variable rates. We are exposed to price fluctuations on a number of commodities as we hold inventory and enter into transactions to buy and sell products in a number of markets. Additional qualitative and quantitative disclosures about these risks can be found in Item 7A of this report. As a result of these exposures, fluctuations in exchange rates, interest rates and certain commodities could adversely affect our liquidity, financial condition and results of operations.

SUNOPTA INC. 28 December 29, 2012 10-K

We may not be able to effectively manage our growth and integrate acquired companies

From time to time we may pursue acquisition opportunities that are consistent with our overall growth strategy. Our ability to effectively integrate acquisitions, including our ability to realize potentially available marketing opportunities and cost savings in a timely and efficient manner will have a direct impact on our future results. We may encounter problems in connection with the integration of any new businesses, such as challenges relating to the following:

• integration of an acquired company’s products into our product mix;

• the amount of cost savings that may be realized as a result of our integration of an acquired product or business;

• unanticipated quality and production issues with acquired products;

• adverse effects on business relationships with suppliers and customers;

• diversion of management attention;

• difficulty with personnel and loss of key employees;

• implementation of an integrated enterprise wide accounting and information system and consolidation of back office accounting;

• compatibility of financial control and information systems;

• exchange rate risk with respect to acquisitions outside the U.S.;

• potential for patent and trademark claims or other litigation against or involving the acquired company; and

• in the case of foreign acquisitions, uncertainty regarding foreign laws and regulations and difficulty integrating operations and systems as a result of cultural, systems and operational differences.

Our operating results and share price are subject to significant volatility

Our net sales and operating results may vary significantly from period to period due to:

• changes in our customers and/or their demand;

• changes in our operating expenses;

• management’s ability to execute our business strategies focused on improved operating earnings;

• personnel changes;

• legal and administrative cases (whether civil, such as environmental or product related, or criminal), settlements, judgments and investigations;

• foreign currency fluctuations;

• supply shortages or commodity price fluctuations; and

• general economic conditions.

In addition, our share price may be highly volatile compared to larger public companies. Certain announcements could have a significant effect on our share price, including announcements regarding:

• fluctuations in financial performance from period to period;

• mergers, acquisitions and/or divestitures;

• changes in key personnel;

• strategic partnerships or arrangements;

• litigation and governmental inquiries;

• changes in governmental regulation and policy;

• patents or proprietary rights;

• changes in consumer preferences and demand;

• new financings; and

• general market conditions.

SUNOPTA INC. 29 December 29, 2012 10-K

Higher volatility increases the chance of larger than normal price swings which reduces predictability in the share value of our stock and could impair investment decisions. In addition, price and volume trading volatility in the stock markets can have a substantial effect on our share price, frequently for reasons other than our operating performance. These broad market fluctuations could adversely affect the market price of our common shares.

A substantial portion of our assets and certain of our executive officers and directors are located outside of the U.S.; it may be difficult to effect service of process and enforce legal judgments upon us and certain of our executive officers and directors

A substantial portion of our assets and certain of our executive officers and directors are located outside of the U.S. As a result, it may be difficult to effect service of process within the U.S. and enforce judgment of a U.S. court obtained against us or our executive officers and directors. Particularly, our stockholders may not be able to:

• effect service of process within the U.S. on us or certain of our executive officers and directors;

• enforce judgments obtained in U.S. courts against us or certain of our executive officers and directors based upon the civil liability provisions of the U.S. federal securities laws;

• enforce, in a court outside of the U.S., judgments of U.S. courts based on the civil liability provisions of the U.S. federal securities laws; or

• bring an original action in a court outside of the U.S. to enforce liabilities against us or any of our executive officers and directors based upon the U.S. federal securities laws.

Item 1B. Unresolved Staff Comments

None.

SUNOPTA INC. 30 December 29, 2012 10-K

Item 2. Properties

Our primary facilities in each of our segments are as follows:

SunOpta Foods

SunOpta Foods operates from the following locations, which are owned unless otherwise noted.

Location	State/Province/ Country	Group/Sub Group	Facility Description
Brampton	Ontario	Corporate Head Office	Corporate head office
Edina (Lease)(1)	Minnesota	Corporate Services	Corporate, IT, Shared Services, Grains and Foods Group and Ingredients Group head office
Hope	Minnesota	Grains and Foods Group	Grain processing
Alexandria	Minnesota	Grains and Foods Group	Aseptic packaging
Alexandria	Minnesota	Grains and Foods Group	Ingredient processing
Alexandria	Minnesota	Grains and Foods Group	Storage
Modesto (Lease)(2)	California	Grains and Foods Group	Aseptic processing and packaging
Wahpeton	North Dakota	Grains and Foods Group	Grain processing, warehouse and distribution
Wahpeton	North Dakota	Grains and Foods Group	Grain storage
Huevelton	New York	Grains and Foods Group	Ingredient processing
Blooming Prairie	Minnesota	Grains and Foods Group	Grain storage
Ellendale	Minnesota	Grains and Foods Group	Grain storage
Sandusky (Monthly Rent)	Michigan	Grains and Foods Group	Grain sales office
Cresco	Iowa	Grains and Foods Group	Grain milling
Breckenridge	Minnesota	Grains and Foods Group	Grain processing and distribution
Breckenridge (Lease)(3)	Minnesota	Grains and Foods Group	Grain sales office
Goodland	Kansas	Grains and Foods Group	Grain processing and distribution
Edson (Land Lease)(4)	Kansas	Grains and Foods Group	Grain processing and distribution
Moorhead	Minnesota	Grains and Foods Group	Grain processing and distribution
Crookston	Minnesota	Grains and Foods Group	Grain processing, warehouse and distribution
Fargo	North Dakota	Grains and Foods Group	Grain processing, warehouse and distribution
Grace City	North Dakota	Grains and Foods Group	Grain processing, warehouse and distribution
Ipswich (Lease)(5)	South Dakota	Grains and Foods Group	Grain storage
Chelmsford (Lease)(6)	Massachusetts	Ingredients Group	Ingredients Group former head office and development center
Louisville (Lease)(7)	Kentucky	Ingredients Group	Fiber processing
Cedar Rapids	Iowa	Ingredients Group	Fiber processing
Cambridge	Minnesota	Ingredients Group	Fiber processing
Cambridge (Lease)(8)	Minnesota	Ingredients Group	Storage
Fosston	Minnesota	Ingredients Group	Ingredient processing
Galesburg	Illinois	Ingredients Group	Ingredient processing
South Gate (Lease)(9)	California	Ingredients Group	Fruit ingredient processing, warehouse and distribution
Santa Cruz (Lease)(10)	California	Consumer Products Group/International Foods Group	Sales and administrative office
San Bernardino (Lease)(11)	California	Consumer Products Group	Beverage processing, warehouse and distribution
Allentown (Lease)(12)	Pennsylvania	Consumer Products Group	Flexible re-sealable pouch processing and distribution
Brampton (Lease)(13)	Ontario	Consumer Products Group	Fruit snack sales and administrative office
Omak (Lease)(14)	Washington	Consumer Products Group	Fruit snack processing, warehouse and distribution
Carson City (Lease)(15)	Nevada	Consumer Products Group	Nutrition bar processing, warehouse and distribution

SUNOPTA INC. 31 December 29, 2012 10-K

Location	State/Province/ Country	Group/Sub Group	Facility Description
Summerland (Lease)(16)	British Columbia	Consumer Products Group	Administrative office
Buena Park (Lease)(17)	California	Consumer Products Group	Frozen fruit processing, warehouse and distribution
Cerritos (lease)(18)	California	Consumer Products Group	Sales and administration office
Amsterdam (Lease)(19)	The Netherlands	International Foods Group	Sales and administrative office
Dalian (Lease)(20)	China	International Foods Group	Grain processing
Shanghai (Lease)(21)	China	International Foods Group	Sales office
Addis Ababa (Monthly)	Ethiopia	International Foods Group	Coffee processing and warehouse
Humera (Lease)(22)	Ethiopia	International Foods Group	Grain processing, warehouse and storage
Middenmeer (Lease)(23)	The Netherlands	International Foods Group	Cocoa processing (under construction)
Silistra	Bulgaria	International Foods Group	Grain processing (acquired December 31, 2012)

1	Leases have an expiry date of December 2020.	2	Lease has an expiry date of May 2019.
3	Lease has an expiry date of October 2017.	4	Lease has an expiry date of November 2023.
5	Lease has an expiry date of October 2015.	6	Lease has an expiry date of September 2013.
7	Lease has an expiry date of December 2019.	8	Lease has expiry date of January 2015.
9	Lease has an expiry date of June 2015.	10	Lease has an expiry date of December 2016.
11	Lease has an expiry date of February 2015.	12	Lease has an expiry date of April 2016.
13	Lease has an expiry date of November 2017.	14	Lease has an expiry date of May 2017.
15	Lease has an expiry date of December 2015.	16	Lease has an expiry date of December 2016.
17	Lease has an expiry date of May 2015.	18	Lease has an expiry date of August 2015.
19	Lease has an expiry date of October 2022.	20	Lease has an expiry date of August 2013.
21	Lease has an expiry date of August 2013.	22	Lease has an expiry date of November 2013.
23	Lease has an expiry date of December 2017.

Opta Minerals

Opta Minerals operates from the following major locations, which are owned unless otherwise noted.

Location	State/Province/ Country	Group	Description
Waterdown	Ontario	Opta Minerals	Group head office, processing and distribution
Brantford (Lease)(1)	Ontario	Opta Minerals	Distribution and packing center
Bruno de Guigues	Quebec	Opta Minerals	Specialty sands processing
New Orleans (Lease)(2)	Louisiana	Opta Minerals	Abrasives processing and distribution
Norfolk	Virginia	Opta Minerals	Abrasives processing and distribution
Keeseville	New York	Opta Minerals	Garnet processing and distribution
Baltimore (Lease)(3)	Maryland	Opta Minerals	Abrasives processing
Hardeeville	South Carolina	Opta Minerals	Abrasives processing
Laval (Lease)(4)	Quebec	Opta Minerals	Minerals processing
Walkerton	Indiana	Opta Minerals	Minerals processing
Kosice (Lease)(5)	Slovakia	Opta Minerals	Minerals processing
Milan	Michigan	Opta Minerals	Minerals processing
Freeport (Lease)(6)	Texas	Opta Minerals	Abrasives processing
Tampa (Lease)(7)	Florida	Opta Minerals	Abrasives processing
Romans-sur-Isere	France	Opta Minerals	Minerals processing
Elyria (Lease)(8)	Ohio	Opta Minerals	Minerals processing
Regina	Saskatchewan	Opta Minerals	Minerals processing
Fernwood	Idaho	Opta Minerals	Mining and abrasives processing
Coeur d’Alene (Lease)(9)	Idaho	Opta Minerals	Manufacturing, assembly, distribution and offices

SUNOPTA INC. 32 December 29, 2012 10-K

Location	State/Province/ Country	Group	Description
Ermsleben	Germany	Opta Minerals	Abrasives processing
Rodermark (Lease)(10)	Germany	Opta Minerals	Offices

1	Lease has an expiry date of April 2015.	2	Lease has an expiry date of December 2013.
3	Lease has an expiry date of December 2013.	4	Lease has an expiry date of February 2017.
5	Lease is month to month.	6	Lease has an expiry date of March 2014.
7	Lease has an expiry date of January 2014.	8	Lease has an expiry date of January 2014.
9	Lease has an expiry date of September 2018.	10	Lease has an expiry date of September 2013.

Executive Offices

Our executive head office is located at 2838 Bovaird Drive West, Brampton, Ontario, a property we own.

Item 3. Legal Proceedings

Colorado Sun Oil Processors, LLC Dispute

Colorado Mills, LLC (“Colorado Mills”) and SunOpta Grains and Foods Inc. (formally Sunrich LLC, herein “Grains and Foods”), a wholly-owned subsidiary of the Company, organized a joint venture through Colorado Sun Oil Processing LLC. The purpose of the joint venture was to construct and operate a vegetable oil refinery adjacent to Colorado Mills’ sunflower seed crush plant located in Lamar, Colorado. During the relationship, disputes arose between the parties concerning management of the joint venture, record-keeping practices, certain unauthorized expenses incurred on behalf of the joint venture by Colorado Mills, procurement of crude oil by Sunrich from Colorado Mills for processing at the joint venture refinery, and the contract price of crude oil offered for sale under an output term of the joint venture agreement.

The parties initiated a dispute resolution process as set forth in the joint venture agreement, which Colorado Mills aborted prematurely through the initiation of suit in Prowers County District Court, Colorado on March 16, 2010. Subsequent to the filing of that suit, Colorado Mills acted with an outside creditor of the joint venture to involuntarily place the joint venture into bankruptcy. In August 2011, as part of the bankruptcy proceeding initiated in June 2010 in the U.S. Bankruptcy Court, District of Colorado, Colorado Mills purchased substantially all of the assets of the joint venture.

A separate arbitration proceeding occurred between Grains and Foods and Colorado Mills to resolve direct claims each party asserted against the other. The case was arbitrated during the week of August 8, 2011 and proposed findings were filed on September 13, 2011. On January 4, 2012 the arbitrator entered an award denying Grains and Foods’ claims and awarding Colorado Mills $4,816 for its breach of contract claim and $430 for accrued interest. The Company subsequently filed a motion to vacate the arbitration award on March 30, 2012 in Prowers County District Court. Colorado Mills filed a response on April 20, 2012. The Company filed a reply on April 27, 2012. The Prowers County District Court denied the Company’s motion and entered judgment on the arbitration award on July 6, 2012 in the amount of $4,816. On July 13, 2012, the Company bonded the judgment in the amount of $6,875, or approximately 125% of the judgment amount, to stay execution of the judgment pending the Company’s filing of an appeal to the Colorado Court of Appeals. On August 20, 2012, the Company appealed the judgment to the Colorado Court of Appeals. Oral Argument for the appeal has not yet been scheduled. Although management believes the claims asserted by Colorado Mills are baseless, that the arbitrator committed prejudicial error, and that vacatur of the award is warranted, management cannot predict whether the prospect of an unfavorable outcome in this matter is probable. As of December 29, 2012 and December 31, 2011, the Company accrued the full value of the award, together with accrued interest, pending the outcome of post-arbitration judicial proceedings.

From time to time, we are involved in litigation incident to the ordinary conduct of our business. For a discussion of certain other legal proceedings, see Note 20 of our Consolidated Financial Statements included elsewhere in this report.

Item 4. Mine Safety Disclosures

None.

SUNOPTA INC. 33 December 29, 2012 10-K

Executive Officers of the Registrant

The following is information concerning our executive officers and other significant officers as of the date of this report:

Name	Position with Company
Steven Bromley	Director and Chief Executive Officer
Robert McKeracher	Vice President and Chief Financial Officer
Hendrik Jacobs	President and Chief Operating Officer
John Ruelle	Chief Administrative Officer and Senior Vice President of Corporate Development and Secretary
Allan Routh	Director, SunOpta Inc. and President, Grains and Foods Group

Steven Bromley (Age 53) serves as Chief Executive Officer and a Director of the Company. Mr. Bromley joined the Company in June 2001, was appointed President in January 2005, and subsequently Chief Executive Officer in February 2007. Mr. Bromley was appointed to the Board of Directors of SunOpta on January 26, 2007. From June 2001 through September 2003, Mr. Bromley served as the Company’s Executive Vice President and Chief Financial Officer. Mr. Bromley was subsequently appointed as Chief Operating Officer and held this role until his appointment as Chief Executive Officer. In August 2012, Mr. Bromley relinquished the Presidency to Hendrik Jacobs, who joined SunOpta as President and Chief Operating Officer. Prior to joining the Company, Mr. Bromley spent over 13 years in the Canadian dairy industry in a wide range of financial and operational roles with both Natrel Inc. and Ault Foods Limited. From 1997 to 1999 he served on the Board of Directors of Natrel Inc. Mr. Bromley is a Director of most of the Company’s subsidiaries, and since July 2004 has served on the Board of Directors of Opta Minerals which is approximately 66.1% owned by SunOpta.

Robert McKeracher (Age 36) serves as Vice President and Chief Financial Officer of the Company overseeing all financial reporting, compliance and corporate treasury activities. He previously served as Vice President of Financial Reporting for SunOpta from June 2008 until October 2011, and as Director of Financial Reporting from August 2007 to June 2008. Prior to joining the Company, Mr. McKeracher was the Manager of Business Planning and Treasury at Magna Entertainment Corp. from May 2003 to August 2007, after spending four years in public accounting in the assurance and business advisory practice at PriceWaterhouseCoopers LLP. Mr. McKeracher is a Chartered Accountant and holds a Bachelor of Commerce degree from The University of Toronto. In the past five years, Mr. McKeracher has not served on any reporting issuer’s Board of Directors.

Hendrik Jacobs (Age 52) joined the Company in August 2012 as President and Chief Operating Officer. Mr. Jacobs brings over 20 years of international sales, marketing, innovation, strategic development and general management experience to this role. Over the previous 11 years Mr. Jacobs held a number of progressively responsible positions with Tetra Pak, the world’s leading supplier of equipment and materials for the processing and packaging of liquid food products, with revenues of approximately $12 billion in 165 markets worldwide. In his last position with Tetra Pak, Mr. Jacobs served as Cluster Vice President for North Europe with responsibility for the United Kingdom, Ireland, Scandinavia and the Baltic States. Prior to this role, he served as Managing Director Benelux with responsibility for the Netherlands, Belgium and Luxemburg, as Vice President of Strategy and Planning with responsibility for setting long term technology and product development strategies, and as Vice President of Sales for TetraPak USA. Prior to joining Tetra Pak Mr. Jacobs held a number of international sales, marketing and general management positions with PepsiCo, Royal Dutch Ahold and the Coca-Cola Company. Mr. Jacobs holds a Masters of Business Administration degree from the American Graduate School of International Management and a Bachelor of Business Administration from Oregon State University. In the past five years, Mr. Jacobs has not served on any reporting issuer’s Board of Directors.

John Ruelle (Age 43) serves as Chief Administrative Officer and Senior Vice President of Corporate Development and Secretary. Mr. Ruelle was appointed to this position in January 2013. From October 2011 to January 2013, Mr. Ruelle served as Vice President and Chief Administrative Officer. Mr. Ruelle joined SunOpta in November 2007 as Vice President of Finance and Administration and Chief Financial Officer of the SunOpta Grains and Foods Group, the largest operating division of SunOpta. Mr. Ruelle brought over 15 years of progressive food industry senior leadership experience with a focus on building foundational structures to achieve aggressive revenue and profitably growth through driving talent management, business processes and strategy linkage. Prior to joining SunOpta, Mr. Ruelle was Vice President of Finance and Administration, Chief Financial Officer, Treasurer and Corporate Secretary for Restaurant Technologies, Inc. where he was co-founder and managed over 30 Greenfield start-ups. Earlier in his career he held various financial and operational roles with LaserMaster Technologies and was a Certified Public Accountant with Larson Allen, LLP. Mr. Ruelle has a Bachelor of Science degree from St. John’s University. In the past five years, Mr. Ruelle has not served on any reporting issuer’s Board of Directors.

SUNOPTA INC. 34 December 29, 2012 10-K

Allan Routh (Age 62) was elected to the Board of Directors in September 1999. Mr. Routh is President of the Company’s Grains and Foods Group and prior to March 2003 was President and Chief Executive Officer of the SunRich Food Group, Inc., a wholly-owned subsidiary of the Company. Mr. Routh has been involved in the natural and organic food industry and soy industry organizations since 1984. In the past five years, Mr. Routh has not served on any other reporting issuer’s Board of Directors.

PART II

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases Equity Securities

Our common shares trade in U.S. dollars on The NASDAQ Global Select Market under the symbol “STKL”, and in Canadian dollars on the TSX under the symbol “SOY”.

The following table indicates the high and low sales prices for our common shares for each quarterly period during the past two fiscal years on the NASDAQ and TSX. The prices shown are representative inter-dealer prices, do not include retail mark-ups, markdowns or commissions and do not necessarily reflect actual transactions.

	NASDAQ		TSX
	High	Low	High	Low
	($)	($)	(Cdn $)	(Cdn $)
Fiscal 2012
First Quarter	5.56	4.13	5.52	4.21
Second Quarter	6.20	5.32	6.30	5.32
Third Quarter	6.71	4.86	6.55	4.92
Fourth Quarter	6.60	5.27	6.50	5.35
Fiscal 2011
First Quarter	8.53	6.20	8.44	6.10
Second Quarter	8.58	6.50	8.39	6.37
Third Quarter	7.12	4.63	6.85	4.51
Fourth Quarter	5.80	4.40	5.95	4.70

As of December 29, 2012, we had approximately 639 shareholders of record. We have never paid cash dividends on our common stock and do not anticipate paying dividends in the foreseeable future. Our future dividend policy will depend on our earnings, capital requirements and financial condition, requirements of the financial agreements to which we are then a party and other factors considered relevant by our Board of Directors. Additionally, the terms of our existing credit facilities restrict our ability to pay dividends to shareholders. The receipt of cash dividends by U.S. shareholders from a Canadian corporation, such as we are, may be subject to Canadian withholding tax.

SUNOPTA INC. 35 December 29, 2012 10-K

Equity Compensation Plan Information

The following table provides information as of December 29, 2012 with respect to our common shares that may be issued under existing equity compensation plans.

				Number of
				Securities
				Remaining
	Number of			Available for
	Securities to be		Weighted-	Future Issuance
	Issued Upon		Average Exercise	Under Equity
	Exercise of		Price of	Compensation
	Outstanding		Outstanding	Plan (Excluding
	Options,		Options,	Securities
	Warrants, and		Warrants and	Reflected in
	Rights		Rights	Column (a))
Plan Category	(a)		(b)	(c)
Equity compensation plans approved by security holders:
Stock option plan	3,687,500	$	5.46	1,704,541
Employee stock purchase plan	N/A		N/A	1,443,986
Warrants(1)	850,000		4.56	-
Total	4,537,500	$	5.29	3,148,527

(1) Effective August 7, 2012, we registered 850,000 of our common shares for issuance upon the exercise of outstanding warrants that were previously issued in connection with services provided under the terms of an advisory services agreement dated January 22, 2010.

SUNOPTA INC. 36 December 29, 2012 10-K

Shareholder Return Performance Graph

This performance graph shall not be deemed “filed” for purposes of Section 18 of the Exchange Act or incorporated by reference into any filing of SunOpta under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

The following graph compares the five-year cumulative shareholder return on our common shares to the cumulative total return of the S&P/TSX Composite and the NASDAQ Industrial Indices for the period which commenced December 31, 2007.

	2007	2008	2009	2010	2011	2012
SunOpta Inc.	100.00	11.76	25.17	58.58	36.10	41.87
Nasdaq Industrial Index	100.00	54.62	80.21	100.25	99.52	116.71
S&P/TSX Composite	100.00	64.97	84.91	97.18	86.42	89.03

Assumes that $100.00 was invested in our common shares and in each Index on December 31, 2007.

SUNOPTA INC. 37 December 29, 2012 10-K

Item 6. Selected Financial Data

We have completed a number of acquisitions and divestitures over the five fiscal periods presented below. For a listing of the acquisitions completed by SunOpta Foods and Opta Minerals, refer to Part I, Item 1 of this report entitled “Business”. In addition, the pro forma revenues, pro forma earnings (loss) attributable to SunOpta Inc., and pro forma basic and diluted earnings (loss) per share are presented in Note 2 of the Consolidated Financial Statements contained in Item 8 of this report.

The following information for fiscal years 2012, 2011 and 2010 has been summarized from our Consolidated Financial Statements. The information set forth below is not necessarily indicative of results of future operations, and should be read in conjunction with Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and the Consolidated Financial Statements and related notes to fully understand the factors that may affect the comparability of the information presented below.

	2012(1), (2)	2011(1), (3)	2010(1),(4)	2009(1)		2008(1),(5)
	$	$	$	$		$
Revenues	1,091,064	1,019,871	831,677	753,224		796,774
Earnings (loss) from continuing operations	22,968	16,230(6)	16,635(7)	(4,308)(8)		(15,099)(9)
Basic earnings (loss) per share from continuing operations	0.35	0.25	0.26	(0.07	)	(0.23	)
Diluted earnings (loss) per share from continuing operations	0.34	0.24	0.25	(0.07	)	(0.23	)
Total assets	707,310	631,503	609,300	551,290		581,047
Bank indebtedness	131,061	109,718	75,910	63,481		67,164
Long-term debt (including current portion)	58,198	52,264	64,732	87,189		111,527
Long-term liabilities (including current portion)	7,015	6,581	7,089	3,443		6,379
Exchange rates(10)
Closing	0.9965	1.0170	0.9946	1.0510		1.2180
Average	1.0000	0.9900	1.0300	1.1415		1.0660

(1)	Reflects the reclassification of the revenues and expenses of Purity Life Natural Health Products (sold June 2012) to discontinued operations.
(2)	Includes the results of operations of WGI Heavy Metals, Incorporated (acquired August 2012) and Babco Industrial Corp. (acquired February 2012) from the respective dates of acquisition.
(3)	Includes the results of operations of Inland RC, LLC (acquired November 2011) and Lorton’s Fresh Squeezed Juices, Inc. (acquired August 2011) from the respective dates of acquisition.
(4)	Includes the results of operations of Edner of Nevada, Inc. (acquired December 2010) and Dahlgren & Company, Inc. (acquired November 2010) from the respective dates of acquisition.
(5)	Includes the results of operations of The Organic Corporation B.V. (acquired April 2008) from the date of acquisition.
(6)	Includes a charge for the impairment of long-lived assets of $358 and a gain on sale of assets of $2,872.
(7)	Includes a charge for the impairment of long-lived assets of $7,549.
(8)	Includes a charge for the impairment of goodwill of $8,841.
(9)	Includes a charge for the impairment of goodwill of $10,154.
(10)	Represents the rate of exchange for the U.S. dollar, expressed in Canadian dollars, based on the Bank of Canada exchange rates.

SUNOPTA INC. 38 December 29, 2012 10-K

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Forward-Looking Financial Information

This Management’s Discussion and Analysis of Financial Condition and Results of Operations (“MD&A”) section provides analysis of our operations and financial position for the fiscal period ended December 29, 2012 and includes information available to March 6, 2013, unless otherwise indicated herein. It is supplementary information and should be read in conjunction with the Consolidated Financial Statements included elsewhere in this report.

Certain statements contained in this MD&A may constitute forward-looking statements as defined under securities laws. Forward-looking statements may relate to our future outlook and anticipated events or results and may include statements regarding our future financial position, business strategy, budgets, litigation, projected costs, capital expenditures, financial results, taxes, plans and objectives. In some cases, forward-looking statements can be identified by terms such as “anticipate”, “estimate”, “intend”, “project”, “potential”, “continue”, “believe”, “expect”, “could”, “would”, “should”, “might”, “plan”, “will”, “may”, “predict”, or other similar expressions concerning matters that are not historical facts. To the extent any forward-looking statements contain future-oriented financial information or financial outlooks, such information is being provided to enable a reader to assess our financial condition, material changes in our financial condition, our results of operations, and our liquidity and capital resources. Readers are cautioned that this information may not be appropriate for any other purpose, including investment decisions.

Forward-looking statements contained in this MD&A are based on certain factors and assumptions regarding expected growth, results of operations, performance, and business prospects and opportunities. While we consider these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Forward-looking statements are also subject to certain factors, including risks and uncertainties that could cause actual results to differ materially from what we currently expect. These factors are more fully described in the “Risk Factors” section at Item 1A of this Form 10-K.

Forward-looking statements contained in this commentary are based on our current estimates, expectations and projections, which we believe are reasonable as of the current date. You should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. Other than as required under securities laws, we do not undertake to update any forward-looking information at any particular time.

Unless otherwise noted herein, all dollar amounts in this MD&A are expressed in thousands of U.S. dollars, except per share amounts.

Overview

We operate in the following two industry segments:

• SunOpta Foods, which accounted for approximately 88% of fiscal 2012 revenues, sources, processes, packages and markets a wide range of natural, organic and specialty raw materials, ingredients and packaged food products, with a focus on soy, corn, sunflower, fruit, fiber and other natural and organic food products; and

• Opta Minerals, which accounted for approximately 12% of fiscal 2012 revenues,processes, distributes and recycles industrial minerals, silica-free abrasives, and specialty sands for use in the steel, foundry, loose abrasive cleaning, and municipal water filtration industries.

For a more detailed description of our operating groups and their businesses, please see the “Business” section at Item 1 of the Form 10-K.

Segment Realignment and Rationalization Efforts

In February 2012, we undertook a process to streamline the operations and organizational structure of SunOpta Foods in order to drive efficiencies and better align product innovation and commercial activities. During the first quarter of 2012, operating segments within SunOpta Foods were re-aligned according to the type of customers and markets served, rather than by product groupings. As a result, the former Fruit Group was eliminated and a new Consumer Products Group was created to focus on non-grains based consumer packaged goods. The Consumer Products Group is comprised of the Frozen Foods and Healthy Snacks operations which were part of the former Fruit Group, and the Food Solutions operations which were formerly part of the International Foods Group. The Fruit Ingredient operation of the former Fruit Group was merged with the existing Ingredients Group. Following this realignment and the divestiture of Purity Life Natural Health Products (“Purity”) (as described below under “Business Development”), the International Foods Group comprises solely our international sourcing and supply operations (Tradin Organic). The Grains and Foods Group remained unchanged.

SUNOPTA INC. 39 December 29, 2012 10-K

SunOpta Foods currently consists of four operating segments: the Grains and Foods Group, the Ingredients Group, the Consumer Products Group, and the International Foods Group. The segmented operations information provided in this MD&A for the current and comparative periods reflects these realigned operating segments.

In hand with these efforts, we also announced the rationalization of a number of operations and functions which resulted in a reduction of approximately 6% of our salaried workforce. Once fully implemented, and after approximately $500 in severance charges, this rationalization reduced annual costs by approximately $3,000 before tax. In addition, we have recently taken steps towards the closure of the Chelmsford, Massachusetts office of the Ingredients Group, which involves the relocation of certain back-office functions to our U.S. corporate office located in Edina, Minnesota. We expect that this office closure will result in annualized savings of approximately $1,200 once fully implemented. The costs associated with the closure and relocation are not expected to be material.

Business Development

Cocoa Processing Facility

The International Foods Group is constructing a cocoa processing facility in Middenmeer, the Netherlands, which will specialize in the processing of organic and fair trade certified cocoa beans into derivatives, such as organic cocoa powder, butter, and liquor. All cocoa beans processed at this facility are expected to be sourced internally through Tradin Organic. The facility will provide needed capacity to accommodate our organic and specialty cocoa business that is currently processed by third parties. We expect the facility will be operational in the third quarter of 2013. Once fully commissioned, it will employ approximately 30 personnel and have an annual processing capacity of approximately 9,000 metric tons of raw cocoa.

Bulgarian Processing Operation

On December 31, 2012, we acquired a grains handling and processing facility operated as the Organic Land Corporation OOD (“OLC”) and located in Silistra, Bulgaria. The purchase price was €3,200, plus an earn-out based on pre-determined earnings targets over a three-year period. We have been sourcing non-genetically modified (“non-GMO”) sunflower kernel from OLC since late 2011. The facility is located near a protected and chemical free agricultural area, which produces organic products including sunflower, flax seed, corn, barley, and soybeans. This acquisition diversifies our non-GMO and organic sunflower processing operations and should allow us to expand our capabilities into other organic products grown in the region. The Bulgarian processing operation is included in the International Foods Group.

Pouch Filling Operation

In September 2012, we completed the commissioning of two flexible re-sealable pouch filling lines at a new facility located in Allentown, Pennsylvania. As the first two lines are expected to reach capacity through committed long-term contracts, we have initiated expansion plans to install an additional two pouch filling lines at the Allentown facility, which we expect to be operational in the third quarter of 2013. We entered the flexible, re-sealable pouch business in late 2011 with the installation of two pouch filling lines at a third-party production facility in California. The flexible re-sealable pouch is applicable to a wide range of product categories including natural and organic fruit and vegetable snacks, apple sauces, tomato products, baby food, yogurts, toppings and beverages.

WGI Heavy Minerals, Incorporated

In August 2012, Opta Minerals paid $14,098 in cash to acquire approximately 94% of the outstanding common shares of WGI Heavy Metals, Incorporated (“WGI”). In November 2012, Opta Minerals completed the acquisition of the remaining outstanding common shares of WGI for cash consideration of $870. WGI’s principal business is the processing and sale of industrial abrasive minerals, and the sourcing, assembly and sale of ultra-high pressure water jet cutting machine replacement parts and components. This acquisition complemented Opta Minerals’ existing product portfolio and expands product line offerings to new and existing customers.

SUNOPTA INC. 40 December 29, 2012 10-K

Babco Industrial Corp.

In February 2012, Opta Minerals acquired all of the outstanding common shares of Babco Industrial Corp. (“Babco”) located in Regina, Saskatchewan for cash at closing of $17,530 plus contingent consideration based on the achievement of certain earnings targets over the next five years. Babco is an industrial processor of petroleum coke. This acquisition complemented Opta Minerals’ existing product portfolio and provides for additional product line offerings to new and existing customers in the region.

Inland RC, LLC

In November 2011, Opta Minerals acquired the members’ interest in Inland RC, LLC, (“Inland”) a manufacturer of pre-cast refractory shapes, injection lances and electric furnace deltas for cash consideration of $658 plus contingent consideration based on the achievement of certain financial targets. Inland’s business is complementary with current Opta Minerals product offerings and has capacity for growth and significant synergy opportunities.

Lorton’s Fresh Squeezed Juices, Inc.

In August 2011, we completed the acquisition of the assets and business of Lorton’s Fresh Squeezed Juices, Inc. (“Lorton’s”) for cash consideration of $2,500, plus potential additional consideration pursuant to an earn-out based on pre-determined earnings targets over a four-year period. Lorton’s is an integrated producer of a variety of citrus based products in both industrial and packaged formats. This acquisition expanded our integrated operations into the extracting, processing and packaging of citrus-based ingredients through consumer packaged products, and provided increased capacity for future growth and expansion. Lorton’s operations are included in the Consumer Products Group.

Edner of Nevada, Inc.

In December 2010, we completed the acquisition of the assets and business of Edner of Nevada, Inc. (“Edner”) for cash consideration of $4,000, plus an earn-out based on pre-determined revenue targets over a five-year period. Edner produces a wide variety of nutritious portable foods such as nutrition bars and grains-based snack bars serving the fast growing wholesome and convenient healthy snacks category from its 104,000 square foot facility, located in Carson City, Nevada. Edner’s operations are included in the Consumer Products Group.

Dahlgren & Company Inc.

In November 2010, we completed the acquisition of Dahlgren & Company Inc. (“Dahlgren”) for cash consideration of $46,303, plus an earn-out based on pre-determined earnings targets over a two-year period. Dahlgren is an integrated processor and global supplier of confection sunflower seed products including in-shell and kernel products, roasted sunflower and soy nuts, bird food, hybrid seed and other products. Dahlgren serves customers in the U.S. and Canada, as well as Europe, Asia, Australia and South America. Dahlgren’s operations are included in the Grains and Foods Group.

Strategic Divestitures

Purity Life Natural Health Products

On June 5, 2012, we completed the sale of Purity, our Canadian natural health products distribution business, for cash consideration of $13,443 (Cdn $14,000) at closing, plus up to approximately $672 (Cdn $700) if Purity achieves certain earnings targets during the one-year period following the closing date. We will not recognize the contingent consideration until realized. The divestiture of Purity completed our exit from all non-core distribution businesses. The operating results of Purity have been reclassified to discontinued operations. Purity was formerly part of the International Foods Group.

Colorado Sun Oil Processing LLC

In August 2011, we disposed of our interest in the Colorado Sun Oil Processing LLC (“CSOP”) joint venture to Colorado Mills, LLC (“Colorado Mills”) pursuant to the outcome of related bankruptcy proceedings. The operating results of CSOP have been reclassified to discontinued operations, which included a pre-tax charge of $5,246 in the fourth quarter of 2011 related to an arbitration ruling in favor of Colorado Mills in respect of the joint venture agreement, as well as legal fees and interest costs incurred in connection with the ongoing arbitration proceedings (see note 20 to the interim consolidated financial statements). CSOP was part of the Grains and Foods Group.

SUNOPTA INC. 41 December 29, 2012 10-K

Frozen Fruit Processing Assets

In June 2011, we completed the sale of land and buildings in Irapuato, Mexico to parties related to Fruvemex Mexicali, S.A. de C.V. (“Fruvemex”). In addition, in April 2011, we sold our frozen fruit processing assets in Rosarito and Irapuato, Mexico to Fruvemex. As part of this transaction we entered into a strategic raw material supply agreement with Fruvemex. These assets were included in the former Fruit Group. Aggregate consideration related to these transactions amounted to $5,650. In May 2011, the former Fruit Group also completed the sale of frozen fruit processing equipment located in Salinas, California for cash consideration of $1,773.

SunOpta BioProcess Inc.

In August 2010, we completed the sale of SunOpta BioProcess Inc. (“SunOpta BioProcess”) to Mascoma Canada Inc., a wholly owned subsidiary of Mascoma Corporation (“Mascoma”), in exchange for a combination of preferred shares, common shares and warrants of Mascoma valued at $50,925, with a net value of $33,345 after settling the preferred share liability with former SunOpta BioProcess shareholders. The combination of the two companies brought together SunOpta BioProcess’ fiber preparation and pretreatment technology with Mascoma’s consolidated bioprocessing technology, to create a company with comprehensive capabilities for converting non-food cellulose (wood chips, energy crops and organic solid waste) into ethanol and high value co-products. SunOpta BioProcess represented the former SunOpta BioProcess operating segment, which was eliminated with this sale.

Canadian Food Distribution

In June 2010, we completed the sale of our Canadian Food Distribution assets to UNFI Canada, Inc., a wholly-owned subsidiary of United Natural Foods, Inc., for cash consideration of $65,809 (Cdn $68,000). The divestiture of the Canadian Food Distribution assets was an important step in our strategy to focus on our core food manufacturing platform. The Canadian Food Distribution assets formed part of the former Distribution Group operating segment, which was eliminated with this sale.

Commodity Prices

Commodity prices for corn and soybeans rose significantly over the course of fiscal 2012, as a consequence of supply shortfalls due to crop failures following the worst drought conditions experienced in North America in many years. Although the overall 2012 crop is of fair to average yield and quality, we anticipate that we will be able to maintain adequate supply for our value-added consumer packaged and ingredients businesses, as we source primarily from northern growing regions that were not as severely impacted by the extreme heat and lack of rain experienced in the southern regions of the U.S. In addition, through our global sourcing platform we expect to minimize any shortfalls in supply for our lower-margin commodity grain and feed sales. With respect to pricing, our contractual relationships with customers for consumer packaged and ingredients products, as well as commodity grain and feed sales, typically allow us to increase our prices to recover increased costs of supply. As a result, we do not anticipate that fiscal 2012 weather-related supply shortfalls and commodity price inflation will have a material negative impact to our results of operations for fiscal 2013.

Critical Accounting Estimates

The preparation of financial statements in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”) requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities, related revenues and expenses, and disclosure of gain and loss contingencies at the date of the financial statements. The estimates and assumptions made require us to exercise our judgment and are based on historical experience and various other factors that we believe to be reasonable under the circumstances. We continually evaluate the information that forms the basis of our estimates and assumptions as our business and the business environment generally changes. The use of estimates is pervasive throughout our financial statements. The following are the accounting estimates which we believe to be most important to our business.

Revenue Recognition

We recognize revenue at the time of delivery of the product or service and when all of the following have occurred: a sales agreement is in place; price is fixed or determinable; and collection is reasonably assured. Consideration given to customers such as value incentives, rebates, early payment discounts and other discounts are recorded as reductions to revenues at the time of sale.

SUNOPTA INC. 42 December 29, 2012 10-K

Accounts Receivable

Our accounts receivable primarily includes amounts due from our customers. The carrying value of each account is carefully monitored with a view to assessing the likelihood of collection. An allowance for doubtful accounts is provided for as an estimate of losses that could result from customers defaulting on their obligation to us. In assessing the amount of reserve required, a number of factors are considered including the age of the account, the credit-worthiness of the customer, payment terms, the customer’s historical payment history and general economic conditions. Because the amount of the reserve is an estimate, the actual amount collected could differ from the carrying value of the amount receivable. Note 5 of the Consolidated Financial Statements provides an analysis of the changes in the allowance for doubtful accounts.

Inventory

Inventory is our largest current asset and consists primarily of raw materials and finished goods held for sale. Inventories are valued at the lower of cost, valued on a weighted-average cost basis, or estimated net realizable value except for certain grain inventories that are carried at market value. In order to determine the value of inventory at the balance sheet date, we evaluate a number of factors to determine the adequacy of provisions for inventory. These factors include the age of inventory, the amount of inventory held by type, future demand for products, and the expected future selling price we expect to realize by selling the inventory. Our estimates are judgmental in nature and are made at a point in time, using available information, expected business plans, and expected market conditions. As a result, the actual amount received on sale could differ from our estimated value of inventory. We perform a review of our inventory by reporting unit and product line on a quarterly basis. Note 6 of the Consolidated Financial Statements provides an analysis of the movements in the inventory reserve.

Grower Advances

Prepaid and other current assets include advances to growers required to secure future delivery of product. An allowance against realizing these advances is recorded when it is determined that we will not recover the advances, due to default on scheduled repayment terms, or general economic and market conditions. Advances to growers are typically made at the start of the growing season. We monitor these advances for adherence to agreed upon terms, assess the status of the crops being grown, and evaluate general economic and market conditions in order to determine if the collection of the advance is at risk.

Intangible Assets

We evaluate amortizable intangible assets acquired through business combinations for impairment annually, and more frequently if events or changes in circumstances indicate that the carrying amounts of these assets may not be recoverable. Our evaluation is based on an assessment of potential indicators of impairment, such as an adverse change in the business climate that could affect the value of an asset, such as the loss of a significant customer; current or forecasted operating or cash flow losses that demonstrate continuing losses associated with the use of an asset, such as the introduction of a competing product that results in a significant loss of market share; and a current expectation that, more likely than not, an intangible asset will be disposed of before the end of its previously estimated useful life, such as a plan to exit a product line or business in the near term.

Impairment exists when the carrying amount of an amortizable intangible asset is not recoverable and its carrying value exceeds its estimated fair value. A discounted cash flow analysis is typically used to determine fair value using estimates and assumptions that market participants would apply. Some of the estimates and assumptions inherent in a discounted cash flow model include the amount and timing of the projected future cash flows, and the discount rate used to reflect the risks inherent in the future cash flows. A change in any of these estimates and assumptions could produce a different fair value, which could have a material impact on our results of operations. In addition, an intangible asset's expected useful life can increase estimation risk, as longer-lived assets necessarily require longer-term cash flow forecasts, which for some of our intangible assets can be in excess of 20 years. In connection with an impairment evaluation, we also reassess the remaining useful life of the intangible asset and modify it, as appropriate.

There was no indication of impairment of intangible assets based on the evaluation done for fiscal 2012. In fiscal 2011, we recorded an impairment charge of $6,025 related to write-down of intangible assets of Purity, which amount has been reclassified to discontinued operations as a result of the divestiture of Purity, and $270 related to intangible assets of our frozen foods operation. In fiscal 2010, we recorded an intangible asset impairment charge of $454 related to sale of our fruit processing operations in Mexico and California, as well as a charge of $2,355 in connection with the closure of our brokerage operation in Chicago Illinois.

SUNOPTA INC. 43 December 29, 2012 10-K

Goodwill

Goodwill represents the excess of the purchase price of acquired businesses over the estimated fair value of the identifiable net assets acquired. Goodwill is not amortized but is tested at least annually for impairment at the reporting unit level.

Reporting units are operating segments or components of operating segments for which discrete financial information is available. To evaluate goodwill, the fair value of each reporting unit is compared to its carrying value. Where the carrying value is greater than the fair value, the implied fair value of the reporting unit goodwill is determined by allocating the fair value of the reporting unit to all the assets and liabilities of the reporting unit with any remainder being allocated to goodwill. The implied fair value of the reporting unit goodwill is then compared to the carrying value of that goodwill to determine whether an impairment loss exists. Any impairment loss is recognized in earnings.

We measure the fair value of reporting units using discounted cash flows. Because the business is assumed to continue in perpetuity, the discounted cash flows include a terminal value. The first year or base year in the calculation of the discounted cash flow model is based on actual results in each component, adjusted for unusual and non-recurring items. Future years’ cash flows to perpetuity are forecasted based on projected revenue growth, and our planned business strategies in future periods that would impact actual cash flows reported in the base year. Examples of planned strategies would include a plant or line expansion at an existing facility, a reduction of working capital at a specific location, and price increases or cost reductions within the reporting unit. The revenue growth and planned business strategies for future periods incorporated into the discounted cash flow model reflect our long-term view of the market. The discount rate is based on a reporting unit’s targeted weighted-average cost of capital, which is not necessarily the same as our weighted-average cost of capital. These assumptions are subject to change and are impacted by our ability to achieve our forecasts and by economic conditions that may impact future results and result in projections not being attained. Each year we re-evaluate the assumptions used to reflect changes in the business environment.

There was no indication of goodwill impairment based on the testing done for fiscal years 2012 and 2011. In fiscal 2010, we recorded an impairment charge of $1,654 related to goodwill of the former Natural Health Products reporting unit, which amount has been reclassified to discontinued operations as a result of the divestiture of Purity. Note 9 of the Consolidated Financial Statements provides a summary of the critical assumptions used in the fiscal 2010 annual impairment test.

Acquisitions

Business acquisitions are accounted for by the acquisition method of accounting. Under this method, the purchase price is allocated to the assets acquired and the liabilities assumed based on the fair value at the time of the acquisition. Any excess purchase price over the fair value of identifiable assets acquired and liabilities assumed is recorded as goodwill. The assumptions and estimates with respect to determining the fair value of intangible assets acquired generally requires the most judgment, and include estimates of future profitability, and/or customer and supplier based attrition, income tax rates and discount rates. Changes in any of the assumptions or estimates used in determining the fair value of the acquired assets and liabilities assumed could impact the amounts assigned to assets, liabilities and goodwill in the purchase price allocation. Future net earnings can be affected as a result of changes in these estimates resulting in an asset or goodwill impairment. In addition, amortization periods are subjective based on expected useful lives and chosen rates. We determine the useful lives of intangible assets based on a number of factors, such as legal, regulatory, or contractual provisions that may limit useful life, and we consider the effects of obsolescence, anticipated demand, existence or absence of competition, and other economic factors on useful life. Note 2 of the Consolidated Financial Statements provide information with respect to businesses acquired and note 9 outlines annual amortization expense relating to these intangibles.

Some acquisitions involve contingent consideration to be potentially paid based on the achievement of specified future financial targets by the acquiree. Acquisition-related contingent consideration is initially recognized as a liability at estimated fair value and re-measured each reporting period with changes in the estimated fair value recognized in earnings. These estimates of fair value involve uncertainties as they include assumptions about the likelihood of achieving the specified financial targets, projections of future financial performance, and assumed discount rates. A change in any of these assumptions could produce a different fair value, which could impact the amounts assigned to assets and liabilities in the purchase price allocation, or the amounts recognized in earnings to reflect subsequent changes in the carrying value of the liability. Note 4 of the Consolidated Financial Statements includes disclosures regarding the estimated fair value of contingent consideration.

SUNOPTA INC. 44 December 29, 2012 10-K

Contingencies

We make estimates for payments that are contingent on the outcome of uncertain future events. These contingencies include accrued but unpaid bonuses, tax-related matters, and claims arising in connection with legal proceedings. In establishing our estimates, we consider historical experience with similar contingencies and the progress of each contingency, as well as the recommendations of internal and external advisors and legal counsel. We re-evaluate all contingencies as additional information becomes available; however, given the inherent uncertainties, the ultimate amount paid could differ from our estimates.

Income Taxes

We are liable for income taxes in the U.S., Canada, and other jurisdictions where we operate. Our effective tax rate differs from the statutory tax rate and will vary from year to year primarily as a result of numerous permanent differences, investment and other tax credits, the provision for income taxes at different rates in foreign and other provincial jurisdictions, enacted statutory tax rate increases or reductions in the year, the benefit of cross-jurisdictional financing structures, changes due to foreign exchange, changes in valuation allowance based on our recoverability assessments of deferred tax assets, and favorable or unfavorable resolution of various tax examinations.

In making an estimate of our income tax liability, we first assess which items of income and expense are taxable in a particular jurisdiction. This process involves a determination of the amount of taxes currently payable as well as the assessment of the effect of temporary timing differences resulting from different treatment of items for accounting and tax purposes. These differences in the timing of the recognition of income or the deductibility of expenses result in deferred income tax balances that are recorded as assets or liabilities as the case may be on our balance sheet. We also estimate the amount of valuation allowance to maintain relating to loss carry forwards and other balances that can be used to reduce future taxes payable. This judgment is based on forecasted results in the jurisdiction and certain tax planning strategies and as a result actual results may differ from forecasts. We assess the likelihood of the ultimate realization of these tax assets by looking at the relative size of the tax assets in relation to the profitability of the businesses and the jurisdiction to which they can be applied, the number of years based on management’s estimate it will take to use the tax assets and any other special circumstances. If different judgments had been used, our income tax liability could have been different from the amount recorded. In addition, the taxing authorities of those jurisdictions upon audit may not agree with our assessment. Note 15 of the Consolidated Financial Statements provides an analysis of the changes in the valuation allowance and the components of our deferred tax assets.

While we believe we have adequately provided for all tax positions, amounts asserted by taxing authorities could differ from our accrued position. Accordingly, additional provisions on federal, provincial, state and foreign tax-related matters could be recorded in the future as revised estimates are made or the underlying matters are settled or otherwise resolved.

Stock-Based Compensation

We maintain a stock option plan under which incentive stock options may be granted to employees and non-employee directors. At each grant date, we are required to estimate a number of inputs, such as the estimated life of the option, future stock price volatility, and the forfeiture rate used in the Black-Scholes option-pricing model to determine a fair value for the options granted to employees or non-employee directors. Prior to fiscal 2012, the expected life and forfeiture rate of a stock option was based on historical exercise and forfeiture patterns; however, the expected life of stock options granted in fiscal 2012 was determined using the simplified method, as we changed the term of our stock option grants from six years to 10 years and, as a result, our historical exercise data no longer provided a reasonable basis upon which to estimate expected life. Future stock price volatility is based on historical volatility of our common shares over the expected life of the stock option. Once determined at the grant date, the fair value of the stock option award is recorded over the vesting period of the options granted. Refer to note 13 of the Consolidated Financial Statements for disclosure of the inputs used to determine the fair value of stock-based compensation.

SUNOPTA INC. 45 December 29, 2012 10-K

Results of Fiscal 2012 Operations Compared With Results of Fiscal 2011 Operations

	December 29, 2012		December 31, 2011		Change		Change
	$		$		$		%
Revenue
SunOpta Foods	964,413		926,751		37,662		4.1%
Opta Minerals	126,651		93,120		33,531		36.0%
Total Revenue	1,091,064		1,019,871		71,193		7.0%
Gross Profit
SunOpta Foods	107,032		100,498		6,534		6.5%
Opta Minerals	26,705		20,746		5,959		28.7%
Total Gross Profit	133,737		121,244		12,493		10.3%
Segment Operating Income (Loss)(1)
SunOpta Foods	42,911		34,958		7,953		22.8%
Opta Minerals	10,062		7,577		2,485		32.8%
Corporate Services	(6,001	)	(8,766	)	2,765		31.5%
Total Segment Operating Income	46,972		33,769		13,203		39.1%
Other expense (income), net	2,194		(2,832	)	5,026		177.5%
Earnings from continuing operations before the following	44,778		36,601		8,177		22.3%
Interest expense, net	9,333		8,839		494		5.6%
Provision for income taxes	10,934		9,896		1,038		10.5%
Earnings from continuing operations	24,511		17,866		6,645		37.2%
Earnings attributable to non-controlling interests	1,543		1,636		(93	)	-5.7%
Earnings (loss) from discontinued operations, net of taxes	448		(11,005	)	11,453		104.1%
Gain on sale of discontinued operations, net of taxes	808		71		737		1038.0%
Earnings attributable to SunOpta Inc.	24,224		5,296		18,928		357.4%

(1) When assessing the financial performance of our operating segments, we use an internal measure of operating income that excludes other income/expense items determined in accordance with U.S. GAAP. This measure is the basis on which management, including the Chief Executive Officer, assesses the underlying performance of our operating segments. We believe that disclosing this non-GAAP measure assists investors in comparing financial performance across reporting periods on a consistent basis by excluding items that are not indicative of our core operating performance. However, the non-GAAP measure of operating income should not be considered in isolation or as a substitute for performance measures calculated in accordance with U.S. GAAP. The following table presents a reconciliation of segment operating income (loss) to “earnings (loss) from continuing operations before the following”, which we consider to be the most directly comparable U.S. GAAP financial measure.

SUNOPTA INC. 46 December 29, 2012 10-K

	Grains			Consumer		International
	and Foods	Ingredients		Products		Foods	SunOpta		Opta		Corporate		Consol-
	Group	Group		Group		Group	Foods		Minerals		Services		idated
December 29, 2012	$	$		$		$	$		$		$		$
Segment operating income (loss)	32,796	3,464		(982	)	7,633	42,911		10,062		(6,001	)	46,972
Other income (expense), net	348	(248	)	(131	)	-	(31	)	(1,175	)	(988	)	(2,194	)
Earnings (loss) from continuing operations before the following	33,144	3,216		(1,113	)	7,633	42,880		8,887		(6,989	)	44,778
December 31, 2011
Segment operating income (loss)	22,813	7,083		(3,978	)	9,040	34,958		7,577		(8,766	)	33,769
Other income (expense), net	114	(54	)	2,887		-	2,947		-		(115	)	2,832
Earnings (loss) from continuing operations before the following	22,927	7,029		(1,091	)	9,040	37,905		7,577		(8,881	)	36,601

We believe that investors’ understanding of our financial performance is enhanced by disclosing the specific items that we exclude from segment operating income. However, any measure of operating income excluding any or all of these items is not, and should not be viewed as, a substitute for operating income prepared under U.S. GAAP. These items are presented solely to allow investors to more fully understand how we assess financial performance.

Revenues for the year ended December 29, 2012 increased by 7.0% to $1,091,064 from $1,019,871 for the year ended December 31, 2011. Revenues in SunOpta Foods increased by 4.1% to $964,413 and revenues in Opta Minerals increased by 36.0% to $126,651. Excluding the impact of changes including foreign exchange rates, commodity-related pricing, acquisitions and rationalized product lines, revenues increased approximately 6% on a consolidated basis. Contributing to the increase in revenues within SunOpta Foods were higher sales volumes of value-added aseptic beverages and other consumer packaged goods, and strong demand and higher pricing for corn and organic feed products due to the effects of the North American drought. Those factors were partially offset by lower revenues in our European ingredients operation due to economic uncertainty and a weaker euro relative to the U.S. dollar, as well as lower volumes and pricing for fiber and fruit ingredient products. At Opta Minerals, the increase in revenues primarily reflected the incremental revenues of Babco and WGI, which were acquired in fiscal 2012.

Gross profit increased $12,493, or 10.3%, to $133,737 for the year ended December 29, 2012, compared with $121,244 for the year ended December 31, 2011. As a percentage of revenues, gross profit for the year ended December 29, 2012 was 12.3% compared to 11.9% for the year ended December 31, 2011, an increase of 0.4% . The increase in gross profit percentage reflected the strong growth in higher-margin aseptic and consumer packaged goods categories and reduced losses on export sales of sunflower kernels, as well as the positive impact of product rationalization efforts at our frozen foods operation. In addition, we generated stronger margins on sales of corn and organic feedstuffs as a result of higher pricing and favorable costing relating to inventory carried over from 2011. Negatively impacting gross profit percentage for the year ended December 29, 2012 were reduced efficiencies in the Ingredients Group due to lower production volumes; unfavorable product mix and higher production costs at our healthy snacks operation; and operating losses at our juice extraction and packaging operation. In addition, we incurred pre-production costs of $1,270 in fiscal 2012, related to the new Allentown pouch filling operation that was fully commissioned in September 2012.

Total segment operating income for the year ended December 29, 2012 increased by $13,203, or 39.1%, to $46,972, compared with $33,769 for the year ended December 31, 2011. As a percentage of revenue, segment operating income was 4.3% for the year ended December 29, 2012, compared with 3.3% for the year ended December 31, 2011. The increase in segment operating income at SunOpta Foods reflected the improved performance of the aseptic beverages and grains-based businesses including sunflower, and gross margin and cost structure improvements at our frozen foods operation, partially offset by declines in the Ingredients Group and healthy snacks operation. The increase in segment operating income at Opta Minerals primarily reflected the incremental contribution from Babco and WGI, partially offset by a $945 bad debt provision recorded in the second quarter of 2012, related to the bankruptcy filing of a large steel products customer. Also contributing to the increase in segment operating income were lower employee compensation-related costs, as a result of rationalization efforts undertaken in the first quarter of 2012 to streamline operations and improve efficiencies within SunOpta Foods, and the favorable impact of foreign exchange movements for the Canadian dollar and euro relative to the U.S. dollar.

Further details on revenue, gross margin and segment operating income variances are provided below under “Segmented Operations Information”.

SUNOPTA INC. 47 December 29, 2012 10-K

Other expense for the year ended December 29, 2012 of $2,194 included accrued severance of $795 payable to a former executive officer and other employee severances of $500 related to our rationalization efforts, as well as transaction and rationalization costs incurred by Opta Minerals in connection with the acquisitions of WGI and Babco. Other income of $2,832 for the year ended December 31, 2011 included a $2,872 gain on the sale of frozen food assets located in Mexico.

The increase in interest expense of $494 to $9,333 for the year ended December 29, 2012, compared with $8,839 for the year ended December 31, 2011, reflected an increase in long-term debt at Opta Minerals in connection with the WGI and Babco acquisitions.

The provision for income tax for the year ended December 29, 2012 was $10,934, or 30.8% of earnings before taxes, compared with $9,896, or 35.6% of earnings before taxes, for the year ended December 31, 2011. The reduction in the effective tax rate reflected the impacts of changes in enacted tax rates and the realizability of deferred tax assets recognized in fiscal 2012.

Earnings from continuing operations for the year ended December 29, 2012 were $24,511, as compared to $17,866 for the year ended December 31, 2011, an increase of $6,645 or 37.2% . Diluted earnings per share from continuing operations were $0.34 for the year ended December 29, 2012, compared with $0.24 for the year ended December 31, 2011.

Earnings attributable to non-controlling interests for the year ended December 29, 2012 were $1,543, compared with earnings of $1,636 for the year ended December 31, 2011. The $93 decrease reflected lower earnings in the speciality coffee operation of a less-than-wholly-owned subsidiary, partially offset by an increase in earnings at Opta Minerals, including the incremental contribution from Babco.

Earnings from discontinued operations, net of income taxes, of $448 for the year ended December 29, 2012 reflected the results of operations of Purity, as well as proceeds of $333 received on final settlement of the CSOP bankruptcy proceedings with Colorado Mills, partially offset by legal fees and interest costs incurred relating to the CSOP arbitration proceedings. In addition, we recognized a gain on sale of Purity of $808 in fiscal 2012. Loss from discontinued operations, net of income taxes, of $11,005 for the year ended December 31, 2011 reflected losses from the operations of Purity and CSOP, including the $5,246 pre-tax charge related to the arbitration ruling in favor of Colorado Mills, partially offset by a gain on sale of CSOP to Colorado Mills of $71.

On a consolidated basis, we realized earnings of $24,224 (diluted earnings per share of $0.36) for the year ended December 29, 2012, compared with earnings of $5,296 (diluted earnings per share of $0.08) for the year ended December 31, 2011.

SUNOPTA INC. 48 December 29, 2012 10-K

Segmented Operations Information

SunOpta Foods
For the year ended	December 29, 2012	December 31, 2011	Change	% Change
Revenue	964,413	926,751	37,662	4.1%
Gross Margin	107,032	100,498	6,534	6.5%
Gross Margin %	11.1%	10.8%		0.3%
Operating Income	42,911	34,958	7,953	22.8%
Operating Income %	4.4%	3.8%		0.6%

SunOpta Foods contributed $964,413 or 88.4% of consolidated revenue for the year ended December 29, 2012 compared to $926,751 or 90.9% of consolidated revenues for the year ended December 31, 2011, an increase of $37,662. Revenues in SunOpta Foods increased 4.1% compared to the year ended December 29, 2012. Excluding the impact of changes including foreign exchange rates, commodity-related pricing, acquisitions and rationalized product lines, revenues increased approximately 5% in SunOpta Foods, driven by strong growth in consumer packaged food product categories, offset by decreased volumes of fiber and fruit ingredients, and lower demand in Europe. The table below explains the increase in revenue by group for SunOpta Foods:

SunOpta Foods Revenue Changes
Revenue for the year ended December 31, 2011	$926,751
Increase in the Grains and Foods Group	45,464
Decrease in the Ingredients Group	(8,530)
Increase in the Consumer Products Group	15,783
Decrease in the International Foods Group	(15,055)
Revenue for the year ended December 29, 2012	$964,413

Gross margin in SunOpta Foods increased by $6,534 for the year ended December 29, 2012 to $107,032, or 11.1% of revenues, compared to $100,498, or 10.8% of revenues for the year ended December 31, 2011. The table below explains the increase in gross margin by group:

SunOpta Foods Gross Margin Changes
Gross Margin for the year ended December 31, 2011	$100,498
Increase in the Grains and Foods Group	10,643
Decrease in the Ingredients Group	(4,353)
Increase in the Consumer Products Group	2,948
Decrease in the International Foods Group	(2,704)
Gross Margin for the year ended December 29, 2012	$107,032

SUNOPTA INC. 49 December 29, 2012 10-K

Operating income in SunOpta Foods increased by $7,953 for the year ended December 29, 2012 to $42,911 or 4.4% of revenues, compared to $34,958 or 3.8% of revenues for the year ended December 31, 2011. The table below explains the increase in operating income:

SunOpta Foods Operating Income Changes
Operating Income for the year ended December 31, 2011	$34,958
Increase in gross margin, as noted above	6,534
Increase in foreign exchange gains	8
Decrease in selling, general and administrative (“SG&A”) costs	1,411
Operating Income for the year ended December 29, 2012	$42,911

Further details on revenue, gross margin and operating income variances within SunOpta Foods are provided in the segmented operations information that follows.

Grains and Foods Group	December 29, 2012	December 31, 2011	Change	% Change
Revenue	524,659	479,195	45,464	9.5%
Gross Margin	56,642	45,999	10,643	23.1%
Gross Margin %	10.8%	9.6%		1.2%
Operating Income	32,796	22,813	9,983	43.8%
Operating Income %	6.3%	4.8%		1.5%

The Grains and Foods Group contributed $524,659 in revenues for the year ended December 29, 2012, compared to $479,195 for the year ended December 31, 2011, a $45,464 or 9.5% increase. The table below explains the increase in revenue:

Grains and Foods Group Revenue Changes
Revenue for the year ended December 31, 2011	$479,195
Increased volume and improved pricing for organic grains and commodity corn, as well as improved pricing on commodity soy, partially offset by lower volume of commodity soy	25,610
Increased volume and higher pricing on aseptically packaged beverages	22,149
Transfer of dairy blended food ingredient business from the Ingredients Group	5,036
Increased volume for sunflower kernel products, partially offset by lower pricing	4,594
Increased pricing of sunflower planting seeds sold into international markets, partially offset by lower volume	1,120
Lower volume of grain-based food ingredients, partially offset by improved pricing	(6,989)
Lower volume of in-shell sunflower products due to softness in international markets, as well as reduced pricing on bird feed, partially offset by improved in-shell pricing and an increase in bird feed volume	(6,056)
Revenue for the year ended December 29, 2012	$524,659

Gross margin in the Grains and Foods Group increased by $10,643 to $56,642 for the year ended December 29, 2012 compared to $45,999 for the year ended December 31, 2011, and the gross margin percentage increased by 1.2% to 10.8% . The increase in gross margin as a percentage of revenue was primarily due to increased production efficiencies at our aseptic processing and packaging facilities, higher volume and improved pricing on organic grains and commodity corn, improved pricing on commodity soy and sunflower kernel, as well as improved margins on specialty oil contracts that negatively impacted margins in the prior year. The table below explains the increase in gross margin:

SUNOPTA INC. 50 December 29, 2012 10-K

Grains and Foods Group Gross Margin Changes
Gross Margin for the year ended December 31, 2011	$45,999
Higher volume and improved pricing on aseptically packaged beverages combined with plant efficiencies due to increased volumes	4,429
Higher volume and improved pricing on organic grains and commodity corn, partially offset by lower volume and compressed margins due to higher cost commodity soy	4,350
Improved pricing on sunflower kernel and lower volume of export bakery kernel products that were sold at a loss in the prior year, partially offset by lower by-product contribution due to lower pricing and higher costs	1,115
Lower volume of specialty oils that were sold at a loss in the prior year, combined with improved pricing on other food ingredients, partially offset by lower food ingredient volume	749
Gross Margin for the year ended December 29, 2012	$56,642

Operating income in the Grains and Foods Group increased by $9,983 or 43.8% to $32,796 for the year ended December 29, 2012, compared to $22,813 for the year ended December 31, 2011. The table below explains the increase in operating income:

Grains and Foods Group Operating Income Changes
Operating Income for the year ended December 31, 2011	$22,813
Increase in gross margin, as explained above	10,643
Lower spending on professional fees, and consulting, utility and insurance costs, partially offset by increased compensation costs	422
Decrease in foreign exchange gains	(610)
Increase in corporate cost allocations	(472)
Operating Income for the year ended December 29, 2012	$32,796

Looking forward, we believe the Grains and Foods Group is well positioned in growing natural and organic food categories. We expect the aseptic processing and packaging expansion at our U.S. west coast facility to continue to enhance our capacity to manufacture aseptic soy and alternative beverages. We also intend to focus our efforts on growing our identity preserved, non-genetically modified (“non-GMO”) and organic grains business, expanding revenues from natural and organic grains based ingredients and continuing to focus on value-added ingredient and packaged product offerings. We intend to pursue internal growth and acquisition opportunities that are aligned with the Group’s core vertically integrated grain business model. Additionally, the international expansion of our sales base via strategic relationships for procurement of product is expected to drive incremental sales volume. Our long-term target for the Grains and Foods Group is to achieve a segment operating margin of 6% to 8% which assumes we are able to secure a consistent quantity and quality of grains and sunflower stocks, improve product mix, and control costs. The statements in this paragraph are forward-looking statements. See “Forward-Looking Statements” above. Increased supply pressure in the commodity-based markets in which we operate, increased competition, volume decreases or loss of customers, unexpected delays in our expansion plans, or our inability to secure quality inputs or achieve our product mix or cost reduction goals, along with the other factors described above under “Forward-Looking Statements”, could adversely impact our ability to meet these forward-looking expectations.

SUNOPTA INC. 51 December 29, 2012 10-K

Ingredients Group	December 29, 2012	December 31, 2011	Change	% Change
Revenue	82,544	91,074	(8,530)	-9.4%
Gross Margin	13,098	17,451	(4,353)	-24.9%
Gross Margin %	15.9%	19.2%		-3.3%
Operating Income	3,464	7,083	(3,619)	-51.1%
Operating Income %	4.2%	7.8%		-3.6%

The Ingredients Group contributed $82,544 in revenues for the year ended December 29, 2012, compared to $91,074 for the year ended December 31, 2011, an $8,530 or 9.4% decrease. The table below explains the decrease in revenue:

Ingredients Group Revenue Changes
Revenue for the year ended December 31, 2011	$91,074
Decrease in customer demand for oat and soy fiber ingredients, as well as fruit ingredient products to the food service and industrial channels	(5,528)
Transfer of non-dairy blended food ingredient business to the Grains and Foods Group	(5,036)
Decrease in fiber volumes due to a loss of a significant customer in the first quarter of 2011	(1,160)
Improved pricing for industrial and food service fruit ingredients, partially offset by reduced fiber pricing due to competitive pressures	1,777
Increase in customer demand for starches and other blended food ingredients	1,417
Revenue for the year ended December 29, 2012	$82,544

Gross margin in the Ingredients Group decreased by $4,353 to $13,098 for the year ended December 29, 2012 compared to $17,451 for the year ended December 31, 2011, and the gross margin percentage decreased by 3.3% to 15.9% . The decrease in gross margin as a percentage of revenue was due to higher raw material input costs, pricing pressures, and fiber plant inefficiencies due to lower utilization. Partially offsetting these margin rate decreases were improved efficiencies on higher production levels of starches and other blended food ingredients, as certain facilities were idled in the prior year. The table below explains the decrease in gross margin:

Ingredients Group Gross Margin Changes
Gross Margin for the year ended December 31, 2011	$17,451
Lower volume of fiber and fruit ingredient offerings and reduced efficiencies resulting from lower production volumes, combined with an increase in input costs including organic sugar and oat and soy hulls	(4,357)
Loss of a significant customer in the first quarter of 2011 and reduced fiber pricing	(700)
Increased customer demand for starches and improved efficiencies on higher production of starches and other blended food ingredients, partially offset by lower pricing on other blended food ingredients	704
Gross Margin for the year ended December 29, 2012	$13,098

SUNOPTA INC. 52 December 29, 2012 10-K

Operating income in the Ingredients Group decreased by $3,619, or 51.1%, to $3,464 for the year ended December 29, 2012, compared to $7,083 for the year ended December 31, 2011. The table below explains the decrease in operating income:

Ingredients Group Operating Income Changes
Operating Income for the year ended December 31, 2011	$7,083
Decrease in gross margin, as explained above	(4,353)
Increase in selling costs related to the exploration of sales opportunities in international markets, partially offset by a decrease in research and development costs related to new product offerings combined with a decrease in general office spending	(110)
Decrease in compensation costs, primarily due to headcount rationalization that occurred in the first quarter of 2012	564
Decrease in corporate cost allocations	280
Operating Income for the year ended December 29, 2012	$3,464

Looking forward, we intend to concentrate on growing the Ingredients Group’s fiber, fruit and specialty ingredients portfolio and customer base through product and process innovation and diversification. We are focused on replacing the volume lost early in 2011 as a result of a significant customer changing to an alternative fiber product. We intend to continue to introduce alternative fiber offerings of our own and have recently introduced both rice and cellulose fibers. We also expect our new aseptic fruit ingredient line at our Southgate, California facility to expand our packaging capabilities and drive incremental volumes and cost savings. The focus of the Ingredients Group continues to revolve around a culture of innovation and continuous improvement, to further increase capacity utilization, reduce costs, and sustain margins. Our long-term target for the Ingredients Group is to realize segment operating margins of 12% to 15%. The statements in this paragraph are forward-looking statements. See “Forward-Looking Statements” above. An unexpected increase in input costs, increased competition, loss of key customers, an inability to introduce new products to the market, or implement our strategies and goals relating to pricing, capacity utilization or cost reductions, along with the other factors described above under “Forward-Looking Statements”, could adversely impact our ability to meet these forward-looking expectations.

SUNOPTA INC. 53 December 29, 2012 10-K

Consumer Products Group	December 29, 2012	December 31, 2011	Change	% Change
Revenue	181,022	165,239	15,783	9.6%
Gross Margin	14,284	11,336	2,948	26.0%
Gross Margin %	7.9%	6.9%		1.0%
Operating Loss	(982)	(3,978)	2,996	75.3%
Operating Loss %	-0.5%	-2.4%		1.9%

The Consumer Products Group contributed $181,022 in revenues for the year ended December 29, 2012, compared to $165,239 for the year ended December 31, 2011, a $15,783 or 9.6% increase. The table below explains the increase in revenue:

Consumer Products Group Revenue Changes
Revenue for the year ended December 31, 2011	$165,239
Increased sales primarily from the launch of our flexible pouch filling lines on the U.S. west coast in the fourth quarter of 2011, as well as on the U.S. east coast in the third quarter of 2012	17,529
Higher sales of healthy snacks led by increased demand for nutrition bar offerings	7,162
Incremental revenue due to the acquisition of Lorton’s on August 8, 2011	2,675
Decreased volume due to rationalization of industrial and food service product lines in our frozen foods operation, partially offset by higher volumes on retail offerings	(11,583)
Revenue for the year ended December 29, 2012	$181,022

Gross margins in the Consumer Products Group increased by $2,948 to $14,284 for the year ended December 29, 2012 compared to $11,336 for the year ended December 31, 2011, and the gross margin percentage increased by 1.0% to 7.9% . The increase in gross margin as a percentage of revenue was due to decreased storage and inventory rationalization costs at Frozen Foods, offset by negative contributions from Lorton’s, pre-production costs related to our Allentown pouch filling operation, and higher production costs at our healthy snacks facilities. The table below explains the increase in gross margin:

Consumer Products Group Gross Margin Changes
Gross Margin for the year ended December 31, 2011	$11,336
Higher volume and margin realized on retail format frozen food sales and decreased inventory rationalization and storage costs as a result of lower inventory levels	8,509
Increased margin due primarily to sales of flexible pouch offerings, offset partially by margin declines in other consumer packaged categories	1,047
Higher production costs as a result of plant inefficiencies and increased raw material costs at our healthy snacks	(3,182)
Incremental gross margin loss at Lorton’s due to plant inefficiencies, transition costs and a product withdrawal	(2,156)
Facility start-up costs related to the expansion of consumer packaged processing capabilities on the U.S. east coast	(1,270)
Gross Margin for the year ended December 29, 2012	$14,284

SUNOPTA INC. 54 December 29, 2012 10-K

Operating loss in the Consumer Products Group decreased by $2,996, or 75.3%, to a loss of $982 for the year ended December 29, 2012, compared to a loss of $3,978 for the year ended December 31, 2011. The table below explains the decrease in operating loss:

Consumer Products Group Operating Loss Changes
Operating Loss for the year ended December 31, 2011	($3,978)
Increase in gross margin, as explained above	2,948
SG&A savings primarily due to reduced headcount at Frozen Foods and lower short-term incentives	825
Lower professional fees, travel and other office expenses	479
Incremental SG&A expenses from the acquisition of Lorton’s	(674)
Increase in corporate cost allocations	(582)
Operating Loss for the year ended December 29, 2012	($982)

Looking forward, we expect improvements in margins and operating income from the Consumer Products Group through the growth of our Food Solutions and Healthy Snacks operations, and from a streamlined and focused Frozen Foods operation. We remain customer focused and continue to explore new ways to bring value-added product offerings and processes to market. We intend to continue to expand our operating platform into the processing and manufacturing of products in order to enhance value to our customer base, while at the same time improving efficiencies and throughput at existing operations. Recently, these efforts have included the installation of two flexible re-sealable pouch filling lines on the U.S. west coast, which commenced operations during 2011, and the installation of two more flexible pouch filling lines at Allentown, which commenced operations in September 2012. We intend to continue to expand these capabilities with two more flexible pouch filling lines at Allentown, increasing our total filling capacity to approximately 150 million pouches by the third quarter of 2013. Continued new product development and innovation in Healthy Snacks combined with increasing demand for portable nutritious fruit offerings are expected to drive growth in this business. Long term we are targeting 8% to 10% operating margins from the Consumer Products Group. The statements in this paragraph are forward-looking statements. See “Forward-Looking Statements” above. Unexpected declines in volumes, shifts in consumer preferences, inefficiencies in our manufacturing processes, lack of consumer product acceptance, or our inability to successfully implement the particular goals and strategies indicated above, along with the other factors described above under “Forward-Looking Statements”, could have an adverse impact on these forward-looking expectations.

SUNOPTA INC. 55 December 29, 2012 10-K

International Foods Group

For the year ended	December 29, 2012	December 31, 2011	Change	% Change
Revenue	176,188	191,243	(15,055)	-7.9%
Gross Margin	23,008	25,712	(2,704)	-10.5%
Gross Margin %	13.1%	13.4%		-0.3%
Operating Income	7,633	9,040	(1,407)	-15.6%
Operating Income %	4.3%	4.7%		-0.4%

The International Foods Group contributed $176,188 in revenues for the year ended December 29, 2012, compared to $191,243 for the year ended December 31, 2011, a $15,055 or a 7.9% decrease. The table below explains the decrease in revenue:

International Foods Group Revenue Changes
Revenue for the year ended December 31, 2011	$191,243
Unfavorable impact on revenues due to the weaker euro relative to the U.S. dollar	(15,015)
Lower volumes of organic commodities including coffee, cocoa, fruits, seeds, sesame and feed ingredients, primarily due to a weaker European economy	(5,643)
Increased commodity prices for organic commodities including sweeteners, nuts and fruits	5,603
Revenue for the year ended December 29, 2012	$176,188

Gross margins in the International Foods Group decreased by $2,704 to $23,008 for the year ended December 29, 2012 compared to $25,712 for the year ended December 31, 2011, and the gross margin percentage decreased by 0.3% to 13.1% . Gross margin as a percentage of revenues was lower due to unfavorable margins realized on coffee, partially offset by improved margins on sweeteners. The table below explains the decrease in gross margin:

International Foods Group Gross Margin Changes
Gross Margin for the year ended December 31, 2011	$25,712
Unfavorable impact on gross margin due to the weaker euro relative to the U.S. dollar	(1,951)
Lower margins realized on coffee due to declining market prices combined with reduced sales volumes of other organic ingredients, partially offset by favorable margins on sweeteners due to a carryover of inventory from 2011 at favorable prices	(753)
Gross Margin for the year ended December 29, 2012	$23,008

SUNOPTA INC. 56 December 29, 2012 10-K

Operating income in the International Foods Group decreased by $1,407, or 15.6%, to $7,633 for the year ended December 29, 2012, compared to earnings of $9,040 for the year ended December 31, 2011. The table below explains the decrease in operating income:

International Foods Group Operating Income Changes
Operating Income for the year ended December 31, 2011	$9,040
Decrease in gross margin, as explained above	(2,704)
Increase in corporate cost allocations	(430)
Favorable impact on euro borne SG&A spending due to the weaker euro relative to the U.S. dollar	1,152
Increased foreign exchange gains	503
Reduced SG&A expenses primarily due to lower short-term incentive, partially offset by higher headcount	72
Operating Income for the year ended December 29, 2012	$7,633

Looking forward, the International Foods Group is focused on leveraging its sourcing, supply and processing expertise to grow its portfolio of organic ingredients. Long-term group operating margins are targeted at 5% to 6% of revenues, which are expected to be achieved through a combination of strategic sourcing, pricing and product development strategies. We intend to leverage the Group’s sourcing and supply capabilities and forward and backward integrate where opportunities exist, expanding our processing expertise and increasing our value-added capabilities. In addition, we expect our new cocoa processing facility to be located in the Netherlands will increase our ability to grow our organic and specialty cocoa business, once commissioned in the third quarter of 2013. The Group also added an integrated grains handling and processing facility in Bulgaria in early fiscal 2013, which is expected to diversify and expand our sourcing and processing capabilities in this region. The statements in this paragraph are forward-looking statements. See “Forward-Looking Statements” above. Unfavorable fluctuations in foreign exchange, reduced demand for natural and organic ingredients, increased competition, delayed synergies, as well as our inability to realize our particular strategic expansion goals, along with the other factors described above under “Forward-Looking Statements”, could have an adverse impact on these forward-looking expectations.

SUNOPTA INC. 57 December 29, 2012 10-K

Opta Minerals	December 29, 2012	December 31, 2011	Change	% Change
Revenue	126,651	93,120	33,531	36.0%
Gross Margin	26,705	20,746	5,959	28.7%
Gross Margin %	21.1%	22.3%		-1.2%
Operating Income	10,062	7,577	2,485	32.8%
Operating Income %	7.9%	8.1%		-0.2%

Opta Minerals contributed $126,651 in revenues for the year ended December 29, 2012, compared to $93,120 for the year ended December 31, 2011, a $33,531 or 36.0% increase. The table below explains the increase in revenue:

Opta Minerals Revenue Changes
Revenue for the year ended December 31, 2011	$93,120
Incremental revenue due to the acquisitions of WGI on August 29, 2012, Babco on February 10, 2012 and Inland on November 10, 2011	23,680
Increased volumes of mill and foundry products as a result of increased demand for magnesium, chromite and lime blends, partially offset by a slowdown in the steel industry	6,132
Increased volumes of abrasive and other industrial mineral products and services	3,719
Revenue for the year ended December 29, 2012	$126,651

Gross margin for Opta Minerals increased by $5,959 to $26,705 for the year ended December 29, 2012 compared to $20,746 for the year ended December 31, 2011, and the gross margin percentage decreased by 1.2% to 21.1% . The decrease in gross margin as a percentage of revenue was driven by changes to product mix, an increase in plant costs and higher labor costs related to higher sales volume. The table below explains the increase in gross margin:

Opta Minerals Gross Margin Changes
Gross Margin for the year ended December 31, 2011	$20,746
Incremental gross margin due to the acquisitions of WGI, Babco and Inland	6,400
Margin impact of higher sales volume of abrasive and other industrial mineral products combined with lower plant costs	632
Unfavourable gross margin impact due to the sales mix of mill and foundry products	(1,073)
Gross Margin for the year ended December 29, 2012	$26,705

SUNOPTA INC. 58 December 29, 2012 10-K

Operating income for Opta Minerals increased by $2,485, or 32.8%, to $10,062 for the year ended December 29, 2012, compared to $7,577 for the year ended December 31, 2011. The table below explains the increase in operating income:

Opta Minerals Operating Income Changes
Operating Income for the year ended December 31, 2011	$7,577
Increase in gross margin, as explained above	5,959
Increase in foreign exchange gains	490
Incremental SG&A due to the acquisitions of WGI, Babco and Inland	(2,703)
Increased bad debt expense due mainly to the bankruptcy of a steel products customer in the second quarter of 2012	(979)
Increase in professional fees and other SG&A expenses, to support continued growth of the business	(282)
Operating Income for the year ended December 29, 2012	$10,062

Opta Minerals continues to develop and introduce new products into the marketplace, and is focused on leveraging the global platform that has been put in place both to drive these new products and to improve efficiencies. Opta Minerals continues to expand in core North American and European markets through a combination of internal growth and successfully integrating strategic acquisitions. We own 66.1% of Opta Minerals and segment operating income is presented prior to non-controlling interest expense. The statements in this paragraph are forward-looking statements. See “Forward-Looking Statements” above. An extended period of softness in the steel and foundry industries, slowdowns in the economy, or delays in bringing new products and operations completely online, along with the other factors described above under “Forward-Looking Statements,” could have an adverse impact on these forward-looking expectations.

Corporate Services	December 29, 2012	December 31, 2011	Change	% Change
Operating Loss	(6,001)	(8,766)	2,765	31.5%

Operating loss at Corporate Services decreased by $2,765 to $6,001 for the year ended December 29, 2012, from a loss of $8,766 for the year ended December 31, 2011. The table below explains the decrease in operating loss:

Corporate Services Operating Loss Changes
Operating Loss for the year ended December 31, 2011	($8,766)
Increase in foreign exchange gains	1,798
Increase in corporate management fees that are allocated to SunOpta operating groups	1,214
Decrease in SG&A costs due to the weakened Canadian dollar causing Canadian borne expenses to be less costly when translated to U.S. dollar, as well as lower general office spending	161
Increase in stock based compensation , partially offset by headcount rationalizations that occurred in the first quarter of 2012 and lower short-term incentive accruals	(408)
Operating Loss for the year ended December 29, 2012	($6,001)

Management fees mainly consist of salaries of corporate personnel who perform back office functions for divisions, as well as costs related to the enterprise resource management system used within several of the divisions. These expenses are allocated to the groups based on (1) specific identification of allocable costs that represent a service provided to each division and (2) a proportionate distribution of costs based on a weighting of factors such as revenue contribution and number of people employed within each division.

SUNOPTA INC. 59 December 29, 2012 10-K

Results of Fiscal 2011 Operations Compared With Results of Fiscal 2010 Operations

	December 31, 2011		January 1, 2011		Change		Change
	$		$		$		%
Revenue
SunOpta Foods	926,751		750,809		175,942		23.4%
Opta Minerals	93,120		80,868		12,252		15.2%
Total Revenue	1,019,871		831,677		188,194		22.6%
Gross Profit
SunOpta Foods	100,498		109,465		(8,967	)	-8.2%
Opta Minerals	20,746		20,037		709		3.5%
Total Gross Profit	121,244		129,502		(8,258	)	-6.4%
Segment Operating Income (Loss)(1)
SunOpta Foods	34,958		49,549		(14,591	)	-29.4%
Opta Minerals	7,577		7,753		(176	)	-2.3%
Corporate Services	(8,766	)	(12,118	)	3,352		27.7%
Total Segment Operating Income	33,769		45,184		(11,415	)	-25.3%
Other (income) expense, net	(2,832	)	10,309		(13,141	)	-127.5%
Earnings from continuing operations before the following	36,601		34,875		1,726		4.9%
Interest expense, net	8,839		9,749		(910	)	-9.3%
Provision for income taxes	9,896		7,123		2,773		38.9%
Earnings from continuing operations	17,866		18,003		(137	)	-0.8%
Earnings attributable to non-controlling interests	1,636		1,368		268		19.6%
Loss from discontinued operations, net of taxes	(11,005	)	(18,519	)	7,514		40.6%
Gain on sale of discontinued operations, net of taxes	71		62,950		(62,879	)	-99.9%
Earnings attributable to SunOpta Inc.	5,296		61,066		(55,770	)	-91.3%

(1) The following table presents a reconciliation of segment operating income (loss) to “earnings (loss) from continuing operations before the following”, which we consider to be the most directly comparable U.S. GAAP financial measure (refer to note (1) to the “Results of Fiscal 2012 Operations Compared With Results of Fiscal 2011 Operations” table regarding the use of non-GAAP measures).

SUNOPTA INC. 60 December 29, 2012 10-K

	Grains				Consumer		International
	and Foods		Ingredients		Products		Foods	SunOpta		Opta		Corporate		Consol-
	Group		Group		Group		Group	Foods		Minerals		Services		idated
	$		$		$		$	$		$		$		$
December 31, 2011
Segment operating income (loss)	22,813		7,083		(3,978	)	9,040	34,958		7,577		(8,766	)	33,769
Other income (expense), net	114		(54	)	2,887		-	2,947		-		(115	)	2,832
Earnings (loss) from continuing operations before the following	22,927		7,029		(1,091	)	9,040	37,905		7,577		(8,881	)	36,601
January 1, 2011
Segment operating income (loss)	28,003		18,870		(1,302	)	3,978	49,549		7,753		(12,118	)	45,184
Other expense, net	(118	)	(163	)	(9,153	)	-	(9,434	)	(435	)	(440	)	(10,309	)
Earnings (loss) from continuing operations before the following	27,885		18,707		(10,455	)	3,978	40,115		7,318		(12,558	)	34,875

Revenues for the year ended December 31, 2011 increased by 22.6% to $1,019,871 from $831,677 for the year ended January 1, 2011. Revenues in SunOpta Foods increased by 23.4% to $926,751 and revenues in Opta Minerals increased by 15.2% to $93,120. Excluding the impact of acquisitions made late in fiscal 2010 and in the third quarter of 2011, revenues increased 13.1% compared to the prior year. The acquisitions of Dahlgren, Edner and Lorton’s added incremental revenues of $80,921. The underlying base growth rate for the business was approximately 8% after accounting for changes including movements in foreign exchange and commodity prices. The increase in revenue was due primarily to the changes in sales volume and pricing described below in “Segmented Operations Information”.

Gross profit decreased $8,258, or 6.4%, for the year ended December 31, 2011 to $121,244 from $129,502 for the year ended January 1, 2011. As a percentage of revenues, gross profit for the year ended December 31, 2011 was 11.9% compared to 15.6% for the year ended January 1, 2011, a decrease of 3.7% . Within SunOpta Foods, gross profit was negatively impacted by decreased demand and unfavorable commodity prices in our sunflower operations, due mainly to competition in the international marketplace. In addition, volume declines at our frozen foods operation, and fiber and fruit ingredients operations all contributed to the decline in gross profit compared to the prior year. Partially offsetting these negative impacts were a combination of higher volumes and improved efficiencies at our aseptic, healthy snacks and international foods operations. In addition, the acquisitions of Dahlgren, Edner and Lorton’s contributed incremental gross profit of $3,280.

SG&A costs including intangible asset amortization decreased $354 to $86,237 for the year ended December 31, 2011 compared to $85,883 for the year ended January 1, 2011. The acquisitions of Dahlgren, Edner and Lorton’s added an incremental $4,176 of SG&A costs, and the stronger Canadian dollar and euro relatively to the U.S. dollar led to a $1,328 increase in foreign denominated SG&A costs compared to the prior year. Excluding these impacts, SG&A spending within our base business decreased $5,150, reflecting lower overall compensation costs due in part to headcount reductions at our frozen foods operation in 2010 and reductions in stock-based compensation, bonuses and professional fees. Offsetting these decreases were headcount increases in our international foods and healthy snacks operations in support of business growth. As a percentage of revenues, SG&A costs and intangible asset amortization costs were 8.5% for the year ended December 31, 2011 compared to 10.3% for the year ended January 1, 2011.

Foreign exchange losses were $1,238 for the year ended December 31, 2011 as compared to gains of $1,565 for the year ended January 1, 2011. The decrease was primarily due to unfavorable exchange rate movements for the Canadian dollar and euro relative to the U.S. dollar.

Total segment operating income for the year ended December 31, 2011 decreased by $11,415 to $33,769 compared to total segment operating income of $45,184 for the year ended January 1, 2011 due to the factors noted above. As a percentage of revenue, total segment operating income was 3.3% for the year ended December 31, 2011, compared to 5.4% for the year ended January 1, 2011. Further details on revenue, gross margins and segment operating income variances are provided below under “Segmented Operations Information”.

Other income for the year ended December 31, 2011 of $2,832 reflected a gain recognized on the sale of frozen foods assets located in Mexico, and a reduction in accrued contingent consideration relating to the acquisition of Dahlgren. Other expense for the year ended January 1, 2011 of $10,309 included long-lived asset impairment and severance charges of $7,549 and $1,169, respectively, primarily related to rationalization efforts at our frozen food operations.

SUNOPTA INC. 61 December 29, 2012 10-K

Interest expense for the year ended December 31, 2011 was $8,839 compared to $9,749 for the year ended January 1, 2011, a $910 decrease. Borrowing costs were lower for the year ended December 31, 2011 due to lower debt levels outstanding on our former real estate and machinery and equipment term loan facilities, a lower base interest rate on borrowed funds as compared to the prior year, and a reduction of non-cash amortization of deferred financing fees, partially offset by higher borrowings on our other credit lines.

Income tax provision for the year ended December 31, 2011 was $9,896 compared to a provision of $7,123 for the year ended January 1, 2011. The increase in income taxes was due to an increase in the valuation allowance in the year ended December 31, 2011 against current year losses that may not be realized in the future, as compared to a decrease in the valuation allowance in the year ended January 1, 2011 due to the Canadian Food Distribution asset sale and the disposition of SunOpta BioProcess. We also recognized the benefit of certain state and federal tax credits in the U.S. in the year ended December 31, 2011, which reduced the income tax provision.

Earnings from continuing operations decreased $137 to $17,866 for the year ended December 31, 2011, compared to $18,003 for the year ended January 1, 2011. Basic and diluted earnings per share from continuing operations were $0.25 and $0.24, respectively, for the year ended December 31, 2011, compared to $0.26 and $0.25, respectively, for the year ended January 1, 2011.

Earnings attributable to non-controlling interest for the year ended December 31, 2011 were $1,636 compared to earnings of $1,368 for the year ended January 1, 2011. The $268 increase is due to higher net earnings in our less than wholly-owned subsidiaries.

Losses from discontinued operations, net of income taxes of $11,005 for the year ended December 31, 2011 reflects the results of operations from Purity and CSOP, including the pre-tax arbitration charge of $5,246. Loss from discontinued operations, net of income taxes for the year ended January 1, 2011, reflect the results of operations from the Canadian Food Distribution business and SunOpta BioProcess.

A gain on the sale of discontinued operations of $71 was realized on the disposal of our interest in CSOP. Gain on sale of discontinued operations, net of taxes of $62,950 for the year ended January 1, 2011 represented the gains realized on the sale of the Canadian Food Distribution assets and the disposition of SunOpta BioProcess.

On a consolidated basis, earnings and basic and diluted earnings per share were $5,296, $0.08 and $0.08, respectively, for the year ended December 31, 2011, compared to $61,066, $0.94 and $0.92, respectively, for the year ended January 1, 2011.

SUNOPTA INC. 62 December 29, 2012 10-K

Adjusted Earnings from Continuing Operations

During the year ended December 31, 2011, we recognized certain charges and gains against earnings that we do not believe are reflective of normal business operations. As a result, we believe it is useful to eliminate these charges and gains to compute an Adjusted earnings from continuing operations⁽¹⁾ amount for the year ended December 31, 2011, which we believe is more reflective of normal business operations.

Following is a calculation of our Adjusted earnings from continuing operations ⁽¹⁾ and Adjusted earnings from continuing operations per diluted share ⁽¹⁾ for the year ended December 31, 2011:

					Per Diluted
					Share(2	)
Earnings attributable to SunOpta Inc.	$	5,296		$	0.08
Loss from discontinued operations, net of taxes		10,934			0.16
Earnings from continuing operations attributable to SunOpta Inc.	$	16,230		$	0.24
Adjusted for:
Other severance, rationalization and acquisition-related costs, net of taxes of $424		1,179			0.02
Costs to curtail and retrofit facilities in the Ingredients Group, as well as integration costs at Lorton’s, net of taxes of $1,103		1,952			0.03
Write-down of certain inventory and long-lived assets at our frozen foods operation, offset by gains on sale of Mexican processing assets, net of taxes of $859		1,235			0.02
Costs to fill expeller pressed oil contracts at a loss due to dispute with Colorado Mills, net of taxes of $486		861			0.01
Reduction of fair value of contingent consideration liability for Dahlgren and Edner		(1,235	)		(0.02	)
Adjusted earnings from continuing operations(1)	$	20,222		$	0.30

During the year ended December 31, 2011, we incurred severance and rationalization costs as we reduced headcount at certain operations as well as professional, legal and other costs related to our acquisition of Lorton’s and Inland. Due to the loss of a significant customer and new product development efforts in the Ingredients Group, we incurred costs to curtail and retrofit certain of our manufacturing facilities throughout 2011. In addition, we incurred business integration costs related to our acquisition of Lorton’s. As part of our rationalization of our frozen foods operation, we recorded a non-cash write-down on certain inventories where the carrying value was less than net realizable value, and wrote off long-lived assets that could not be recovered through future cash flows. Partially offsetting these rationalization charges was a gain realized on the sale of land, building and processing assets located in Mexico. We also incurred excessive raw material and crushing costs in order to fulfil expeller pressed oil contracts at negative gross margins. Non-cash gains were recorded due to a decrease in the estimated fair value of contingent consideration liabilities owing to the former owners of Dahlgren and Edner, as predetermined targets to achieve the contingent consideration were not attained. We believe that Earnings from continuing operations attributable to SunOpta Inc. is the performance measure calculated and presented in accordance with U.S. GAAP that is most directly comparable to Adjusted earnings from continuing operations⁽¹⁾, and that Earnings per share from continuing operations attributable to SunOpta Inc. is the performance measure calculated and presented in accordance with U.S. GAAP that is most directly comparable to Adjusted earnings per share from continuing operations⁽¹⁾.

The table above reconciles Earnings from continuing operations attributable to SunOpta Inc. to Adjusted earnings from continuing operations⁽¹⁾ and reconciles Earnings per share from continuing operations attributable to SunOpta Inc. to Adjusted earnings per share from continuing operations⁽¹⁾, in each case for the year ended December 31, 2011.

(1)

Adjusted earnings from continuing operations and Adjusted earnings per share from continuing operations are non-GAAP financial measures. We believe these non-GAAP measures, which have been adjusted for the impact of the items listed in the table above, assist investors and analysts in comparing our performance across reporting periods on a consistent basis by excluding items that we do not believe are indicative of our core operating performance. Adjusted earnings from continuing operations and Adjusted earnings per share from continuing operations should not be considered in isolation or as a substitute for performance measures calculated in accordance with U.S. GAAP.

(2)

The diluted weighted-average number of shares outstanding for the year ended December 31, 2011 is 66,583,149 (see Note 16 of the Consolidated Financial Statements).

SUNOPTA INC. 63 December 29, 2012 10-K

Segmented Operations Information

SunOpta Foods
For the year ended	December 31, 2011	January 1, 2011	Change	% Change
Revenue	926,751	750,809	175,942	23.4%
Gross Margin	100,498	109,465	(8,967)	-8.2%
Gross Margin %	10.8%	14.6%		-3.8%
Operating Income	34,958	49,549	(14,591)	-29.4%
Operating Income %	3.8%	6.6%		-2.8%

SunOpta Foods contributed $926,751 or 90.9% of consolidated revenue for the year ended December 31, 2011 compared to $750,809 or 90.3% of consolidated revenues for the year ended January 1, 2011, an increase of $175,942. The increase in revenue reflects internal growth of 14.9% and acquisition related revenues of $80,921. Internal growth includes growth on the base business plus growth on acquisitions from the date of acquisition over the previous year in addition to the impact of foreign exchange movements on the translation of foreign denominated revenues to U.S. dollars and commodity related price movements. Excluding the impact of foreign exchange and commodity related price movements, revenue in SunOpta Foods increased approximately 8% over the prior year. The table below explains the increase in revenue by group:

SunOpta Foods Revenue Changes
Revenue for the year ended January 1, 2011	$750,809
Increase in the Grains and Foods Group	114,290
Decrease in the Ingredients Group	(25,455)
Increase in the Consumer Products Group	30,471
Increase in the International Foods Group	56,636
Revenue for the year ended December 31, 2011	$926,751

Gross margin in SunOpta Foods decreased by $8,967 for the year ended December 31, 2011 to $100,498, or 10.8% of revenues, compared to $109,465, or 14.6% of revenues for the year ended January 1, 2011. The table below explains the decrease in gross margin by group:

SunOpta Foods Gross Margin Changes
Gross Margin for the year ended January 1, 2011	$109,465
Decrease in the Grains and Foods Group	(1,102)
Decrease in the Ingredients Group	(13,170)
Decrease in the Consumer Products Group	(3,623)
Increase in the International Foods Group	8,928
Gross Margin for the year ended December 31, 2011	$100,498

SUNOPTA INC. 64 December 29, 2012 10-K

Operating income in SunOpta Foods decreased by $14,591 for the year ended December 31, 2011 to $34,958 or 3.8% of revenues, compared to $49,549 or 6.6% of revenues for the year ended January 1, 2011. The table below explains the decrease in operating income:

SunOpta Foods Operating Income Changes
Operating Income for the year ended January 1, 2011	$49,549
Decrease in gross margin, as noted above	($8,967)
Decrease in foreign exchange gains	(498)
Increase in SG&A costs	(5,126)
Operating Income for the year ended December 31, 2011	$34,958

Further details on revenue, gross margin and operating income variances within SunOpta Foods are provided in the segmented operations information that follows.

Grains and Foods Group	December 31, 2011	January 1, 2011	Change	% Change
Revenue	479,195	364,905	114,290	31.3%
Gross Margin	45,999	47,101	(1,102)	-2.3%
Gross Margin %	9.6%	12.9%		-3.3%
Operating Income	22,813	28,003	(5,190)	-18.5%
Operating Income %	4.8%	7.7%		-2.9%

The Grains and Foods Group contributed $479,195 in revenues for the year ended December 31, 2011, compared to $364,905 for the year ended January 1, 2011, an $114,290 or 31.3% increase. The table below explains the increase in revenue:

Grains and Foods Group Revenue Changes
Revenue for the year ended January 1, 2011	$364,905
Incremental revenue from the acquisition of Dahlgren on November 8, 2010	65,052
Increase in price for commodity corn and soy, as well as organic grains, partially offset by lower price for grain-based food ingredients	35,397
Increased volume and pricing from aseptically packaged soymilk and alternative beverages due to new product launches, new customer contracts and continued growth from existing customers	11,796
Higher volume due primarily to commodity corn, grain-based food ingredients and organic grains, partially offset by lower volumes of commodity soy	10,690
Incremental revenue generated from our South African soy base operation	395
Decrease in volume and price for in-shell sunflower products, combined with lower demand for bakery kernel and other sunflower based products, partially offset by higher pricing for bakery kernel and bird seed	(9,040)
Revenue for the year ended December 31, 2011	$479,195

Gross margin in the Grains and Foods Group decreased by $1,102 to $45,999 for the year ended December 31, 2011 compared to $47,101 for the year ended January 1, 2011, and the gross margin percentage decreased by 3.3% to 9.6% .. The decrease in gross margin as a percentage of revenue is primarily due to unfavorable pricing in the sunflower market caused by increasing commodity costs and a large, low-cost supply of sunflower coming out of South America and decreased plant efficiencies due to lower bakery kernel and in-shell volumes, partially offset by efficiencies at our aseptic processing and packaging facilities and roasted grains operation due in part to increased volumes. The table below explains the decrease in gross margin:

SUNOPTA INC. 65 December 29, 2012 10-K

Grains and Foods Group Gross Margin Changes
Gross Margin for the year ended January 1, 2011	$47,101
Decreased demand for in-shell, bakery kernel and other sunflower products, combined with decreased plant efficiencies and pricing pressure for in-shell and kernel products in international markets, partially offset by improved pricing on bird seed	(6,612)
Increased raw material and crushing costs for specialty sunflower oils	(958)
Incremental gross margin from the acquisition of Dahlgren on November 8, 2010, partially offset by higher cost of raw materials	3,043
Increased customer demand for aseptically packaged soymilk and alternative beverage products, as well as improved plant efficiencies	2,861
Increased volumes of grain-based food ingredients and organic grains, higher margins in our south African operation and improved efficiencies in our roasted grain operation	564
Gross Margin for the year ended December 31, 2011	$45,999

Operating income in the Grains and Foods Group decreased by $5,190 or 18.5% to $22,813 for the year ended December 31, 2011, compared to $28,003 for the year ended January 1, 2011. The table below explains the decrease in operating income:

Grains and Foods Group Operating Income Changes
Operating Income for the year ended January 1, 2011	$28,003
Decrease in gross margin, as explained above	(1,102)
Incremental SG&A from the acquisition of Dahlgren on November 8, 2010	(2,980)
Increased corporate allocations due primarily to Dahlgren acquisition	(1,924)
Decrease in compensation costs, primarily due to lower bonus and benefit costs, combined with lower professional fees, partially offset by higher spending on utilities, insurance and general office costs	377
Higher foreign exchange gains	439
Operating Income for the year ended December 31, 2011	$22,813

SUNOPTA INC. 66 December 29, 2012 10-K

Ingredients Group	December 31, 2011	January 1, 2011	Change	% Change
Revenue	91,074	116,529	(25,455)	-21.8%
Gross Margin	17,451	30,621	(13,170)	-43.0%
Gross Margin %	19.2%	26.3%		-7.1%
Operating Income	7,083	18,870	(11,787)	-62.5%
Operating Income %	7.8%	16.2%		-8.4%

The Ingredients Group contributed $91,074 in revenues for the year ended December 31, 2011, compared to $116,529 for the year ended January 1, 2011, a $25,455 or 21.8% decrease. The table below explains the decrease in revenue:

Ingredients Group Revenue Changes
Revenue for the year ended January 1, 2011	$116,529
Lower volume of industrial fruit ingredients due primarily to decreased demand and the loss of a significant customer	(13,448)
Lower customer demand for oat and soy fiber, primarily due to the loss of a significant customer in the first quarter of 2011, as well as pricing reductions due to competitive pressures	(11,541)
Lower customer demand for blended food ingredients, partially offset by improved pricing on dairy blends and bran products, as well as increased customer demand for starches and brans	(346)
Lower volume in contract manufacturing, partially offset by higher pricing	(120)
Revenue for the year ended December 31, 2011	$91,074

Gross margin in the Ingredients Group decreased by $13,170 to $17,451 for the year ended December 31, 2011 compared to $30,621 for the year ended January 1, 2011, and the gross margin percentage decreased by 7.1% to 19.2% . The decrease in gross margin as a percentage of revenue was due to lower customer demand, primarily as a result of the loss of two significant customers, and the resultant decrease in efficiencies from lower production levels. The table below explains the decrease in gross margin:

Ingredients Group Gross Margin Changes
Gross Margin for the year ended January 1, 2011	$30,621
Lower customer demand for oat and soy fiber products and reduced selling prices in response to market pressures, combined with plant inefficiencies due to lower production volumes, increased raw materials and input costs	(7,557)
Reduced volume at our fruit ingredients operation due in part to the loss of a significant customer	(3,765)
Costs associated with the idling of fiber manufacturing facilities during 2011	(1,199)
Decrease in customer demand for blended food ingredients, as well as an increase in raw material costs and lower manufacturing costs absorbed	(522)
Lower contribution due to lower sales volumes on contract manufacturing, partially offset by higher production volumes and costs absorbed	(127)
Gross Margin for the year ended December 31, 2011	$17,451

SUNOPTA INC. 67 December 29, 2012 10-K

Operating income in the Ingredients Group decreased by $11,787, or 62.5%, to $7,083 for the year ended December 31, 2011, compared to $18,870 for the year ended January 1, 2011. The table below explains the decrease in operating income:

Ingredients Group Operating Income Changes
Operating Income for the year ended January 1, 2011	$18,870
Decrease in gross margin, as explained above	(13,170)
Increased spending on research and development projects and higher bad debt expense on a customer bankruptcy, partially offset by lower spending on professional fees	(318)
Decrease in compensation costs, primarily bonus expense	1,165
Reduced consulting and product development costs in our fruit ingredients operation	536
Operating Income for the year ended December 31, 2011	$7,083

Consumer Products Group	December 31, 2011	January 1, 2011	Change	% Change
Revenue	165,239	134,768	30,471	22.6%
Gross Margin	11,336	14,959	(3,623)	-24.2%
Gross Margin %	6.9%	11.1%		-4.2%
Operating Income	(3,978)	(1,302)	(2,676)	-205.5%
Operating Income %	-2.4%	-1.0%		-1.4%

The Consumer Products Group contributed $165,239 in revenues for the year ended December 31, 2011, compared to $134,768 for the year ended January 1, 2011, a $30,471 or 22.6% increase. The table below explains the increase in revenue:

Consumer Products Group Revenue Changes
Revenue for the year ended January 1, 2011	$134,768
Incremental revenue from the acquisition of Edner on December 14, 2010	13,419
Increased volume of consumer packaged products driven primarily by our beverage category including low-calorie lemonade, electrolyte water and orange juice	11,232
Higher volume as a result of new customers, increased demand and improved sales efforts in our healthy snacks operation, partially offset by reduced pricing to drive volume gains	8,128
Incremental revenue due to the acquisition of Lorton’s on August 8, 2011	2,450
Lower volumes of retail, industrial and food service offerings in our frozen foods operation, partially offset by improved pricing on retail offerings	(4,389)
Decrease in brokerage commissions due to lower volume	(369)
Revenue for the year ended December 31, 2011	$165,239

Gross margins in the Consumer Products Group decreased by $3,623 to $11,336 for the year ended December 31, 2011 compared to $14,959 for the year ended January 1, 2011, and the gross margin percentage decreased by 4.2% to 6.9% . The decrease in gross margin as a percentage of revenue was due to the rationalization of legacy industrial format inventory in our frozen foods operation, higher raw material and labor costs in our healthy snacks operation, higher material costs for consumer packaged products, and negative contribution from Lorton’s, slightly offset by lower storage costs from lower inventory levels of frozen product. The table below explains the decrease in gross margin:

SUNOPTA INC. 68 December 29, 2012 10-K

Consumer Products Group Gross Margin Changes
Gross Margin for the year ended January 1, 2011	$14,959
Lower volumes, reduced plant efficiencies, and increased inventory rationalization costs, partially offset by lower storage, freight, and brokerage costs in our frozen foods operation	(6,737)
Lower brokerage volumes and commissions	(413)
Incremental gross margin losses due to the acquisition of Lorton’s on August 8, 2011	(317)
Higher contribution due to increased volumes in our healthy snacks operations	2,051
Increased volume of consumer packaged products primarily in our beverage category	1,239
Incremental gross margin from acquisition of Edner on December 14, 2010	554
Gross Margin for the year ended December 31, 2011	$11,336

Operating loss in the Consumer Products Group increased by $2,676, or 205.5%, to $3,978 for the year ended December 31, 2011, compared to $1,302 for the year ended January 1, 2011. The table below explains the increase in operating loss:

Consumer Products Group Operating Loss Changes
Operating Loss for the year ended January 1, 2011	($1,302)
Decrease in gross margin, as explained above	(3,623)
Incremental SG&A expense from the acquisition of Edner on December 14, 2010	(747)
Incremental SG&A expense from the acquisition of Lorton’s on August 8, 2011	(449)
Decrease in SG&A due to the closure of the brokerage office located in Chicago, Illinois	1,087
Lower compensation costs due to staff reductions in our frozen foods operation, partially offset by increased headcount and bonuses in our healthy snacks operations	1,003
Decrease in other SG&A spending	53
Operating Loss for the year ended December 31, 2011	($3,978)

SUNOPTA INC. 69 December 29, 2012 10-K

International Foods Group

For the year ended	December 31, 2011	January 1, 2011	Change	% Change
Revenue	191,243	134,607	56,636	42.1%
Gross Margin	25,712	16,784	8,928	53.2%
Gross Margin %	13.4%	12.5%		0.9%
Operating Income	9,040	3,978	5,062	127.2%
Operating Income %	4.7%	3.0%		1.7%

The International Foods Group contributed $191,243 in revenues for the year ended December 31, 2011, compared to $134,607 for the year ended January 1, 2011, a $56,636 or a 42.1% increase. The table below explains the increase in revenue:

International Foods Group Revenue Changes
Revenue for the year ended January 1, 2011	$134,607
Higher customer demand for natural and organic commodities such as fruits, vegetables, sweeteners, nuts and coffee beans	39,965
Favorable impact on revenues due to the stronger euro relative to the U.S. dollar	9,774
Increased commodity prices for sweeteners, coffee beans, cocoa, seeds, nuts, fruits and vegetables	6,897
Revenue for the year ended December 31, 2011	$191,243

Gross margins in the International Foods Group increased by $8,928 to $25,712 for the year ended December 31, 2011 compared to $16,784 for the year ended January 1, 2011, and the percentage increased by 0.9% to 13.4% . The margin rate reflected improved commodity pricing for organic ingredients. The table below explains the increase in gross margin:

International Foods Group Gross Margin Changes
Gross Margin for the year ended January 1, 2011	$16,784
Higher volumes and pricing for natural and organic commodities such as fruits, vegetables, sweeteners, nuts and coffee beans	7,446
Favorable impact on margin due to the stronger euro relative to the U.S. dollar	1,482
Gross Margin for the year ended December 31, 2011	$25,712

SUNOPTA INC. 70 December 29, 2012 10-K

Operating income in the International Foods Group increased by $5,062, or 127.2%, to $9,040 for the year ended December 31, 2011, compared to $3,978 for the year ended January 1, 2011. The table below explains the increase in operating income:

International Foods Group Operating Income Changes
Operating Income for the year ended January 1, 2011	$3,978
Increase in gross margin, as explained above	8,928
Higher compensation expense primarily in our European operations	(1,604)
Increased foreign exchange losses	(763)
Unfavorable impact of a stronger euro relative to the U.S. dollar, on foreign denominated SG&A	(759)
Increase in corporate allocations	(740)
Operating Income for the year ended December 31, 2011	$9,040

Opta Minerals	December 31, 2011	January 1, 2011	Change	% Change
Revenue	93,120	80,868	12,252	15.2%
Gross Margin	20,746	20,037	709	3.5%
Gross Margin %	22.3%	24.8%		-2.5%
Operating Income	7,577	7,753	(176)	-2.3%
Operating Income %	8.1%	9.6%		-1.5%

Opta Minerals contributed $93,120 in revenues for the year ended December 31, 2011, compared to $80,868 for the year ended January 1, 2011, a $12,252 or 15.2% increase. The table below explains the increase in revenue:

Opta Minerals Revenue Changes
Revenue for the year ended January 1, 2011	$80,868
Increased volume of mill and foundry products as a result of global increase in demand for steel and new customers and applications	14,994
Decreased volumes of abrasive products and other industrial mineral products and services	(2,742)
Revenue for the year ended December 31, 2011	$93,120

Gross margin for Opta Minerals increased by $709 to $20,746 for the year ended December 31, 2011 compared to $20,037 for the year ended January 1, 2011, and the gross margin percentage decreased by 2.5% to 22.3% . The decrease in gross margin as a percentage of revenue was driven by changes to product mix, an increase in plant costs and higher labor costs related to higher sales volume. The table below explains the increase in gross margin:

Opta Minerals Gross Margin Changes
Gross Margin for the year ended January 1, 2011	$20,037
Increased contribution from steel and related products due to higher demand, partially offset by higher labor costs due to the increased volume	2,788
Impact of reduced volume and increased raw material and plant costs in abrasive products	(2,079)
Gross Margin for the year ended December 31, 2011	$20,746

SUNOPTA INC. 71 December 29, 2012 10-K

Operating income for Opta Minerals decreased by $176, or 2.3%, to $7,577 for the year ended December 31, 2011, compared to $7,753 for the year ended January 1, 2011. The table below explains the decrease in operating income:

Opta Minerals Operating Income Changes
Operating Income for the year ended January 1, 2011	$7,753
Increase in gross margin, as explained above	709
Decrease in foreign exchange gains	(698)
Increase in general office costs	(187)
Operating Income for the year ended December 31, 2011	$7,577

Corporate Services	December 31, 2011	January 1, 2011	Change	% Change
Operating Loss	(8,766)	(12,118)	3,352	27.7%

Operating loss at Corporate Services decreased by $3,352 to $8,766 for the year ended December 31, 2011, from a loss of $12,118 for the year ended January 1, 2011. The table below explains the decrease in operating loss:

Corporate Services Operating Loss Changes
Operating Loss for the year ended January 1, 2011	($12,118)
Increase in corporate management fees that are allocated to SunOpta operating groups	2,662
Decrease in compensation expense, primarily due to lower bonus expense and stock- based compensation	1,226
Decreased legal fees primarily due to a reduction in legal costs related to the restatement of financial statements included in the quarterly reports for the first three quarters of 2007	1,167
Lower workers compensation costs due to expectation of claims to be settled	598
Lower depreciation expense due to certain corporate assets reaching the end of their estimated useful lives	319
Decrease in foreign exchange gains	(1,616)
Increase in SG&A costs due to the impact of a stronger Canadian dollar relative to the U.S. dollar	(569)
Increase in professional fees, primarily due to increased tax and information technology consulting, and higher recruitment fees, partially offset by reduction in general office costs	(435)
Operating Loss for the year ended December 31, 2011	($8,766)

Management fees mainly consist of salaries of corporate personnel who perform back office functions for divisions, as well as costs related to the enterprise resource management system used within several of the divisions. These expenses are allocated to the groups based on (1) specific identification of allocable costs that represent a service provided to each division and (2) a proportionate distribution of costs based on a weighting of factors such as revenue contribution and number of people employed within each division.

SUNOPTA INC. 72 December 29, 2012 10-K

Liquidity and Capital Resources

We have the following sources from which we can fund our operating cash requirements:

• Existing cash and cash equivalents;

• Available operating lines of credit;

• Cash flows generated from operating activities;

• Cash flows generated from the exercise, if any, of stock options or warrants during the year;

• Additional long-term financing; and

• Sale of non-core divisions, or assets.

On September 25, 2012, The Organic Corporation (“TOC”) and certain of its subsidiaries entered into a credit facilities agreement with two lenders, which provides for a €45,000 revolving credit facility covering working capital needs and a €3,000 pre-settlement facility covering currency hedging requirements. A portion of the new revolving credit facility was used to repay an existing €35,000 line of credit facility of TOC. The revolving credit facility and pre-settlement facility are due on demand with no set maturity date, and the credit limit can be extended or adjusted based on the needs of the business and upon approval of the lenders. These facilities support the global sourcing, supply and processing capabilities of the International Foods Group.

On July 27, 2012, we entered into an amended and restated credit agreement with a syndicate of lenders. The amended agreement provides secured revolving credit facilities of Cdn $10,000 and $165,000, as well as an additional $50,000 in availability upon the exercise of an uncommitted accordion feature. These facilities mature on July 27, 2016, with the outstanding principal amount repayable in full on the maturity date. These facilities replaced our previous line of credit facilities of Cdn $10,000 and $115,000, and refinanced non-revolving term facilities totaling approximately $21,000, which were due to mature on October 30, 2012. These facilities support our core North American food operations.

On July 24, 2012, Opta Minerals amended and restated its credit agreement to include a Cdn $15,000 revolving term credit facility and a Cdn $52,500 non-revolving term credit facility. The first tranche of the non-revolving term credit facility is for an amount of Cdn $37,500, which was used by Opta Minerals to refinance its existing borrowings, with the principal repayable in equal quarterly installments of approximately Cdn $938. The second tranche is for an amount of Cdn $15,000 and was primarily used to fund the acquisition of WGI, with the principal repayable in equal quarterly installments of approximately Cdn $375. The revolving term credit facility matures on August 14, 2013, with the outstanding principal amount repayable in full on the maturity date, and the non-revolving term credit facility matures on May 18, 2017, with the remaining outstanding principal amount repayable in full on the maturity date. These facilities are specific to the operations of Opta Minerals, are standalone and separate from facilities used to finance our core food operations, and carry no cross default or other provisions.

In order to finance significant acquisitions that may arise in the future, we may need additional sources of cash that we could attempt to obtain through a combination of additional bank or subordinated financing, a private or public offering, or the issuance of common stock as consideration in an acquisition. There can be no assurance that these types of financing would be available or, if so, on terms that are acceptable to us.

In the event that we require additional liquidity due to market conditions, unexpected actions by our lenders, changes to our growth strategy, or other factors, our ability to obtain any additional financing on favorable terms, if at all, could be limited.

Our preference is to maintain a total debt to equity ratio of 0.50 - 0.70 to 1.00. As at December 29, 2012, our total debt to equity ratio was 0.58 to 1.00 (December 31, 2011 – 0.54 to 1.00).

SUNOPTA INC. 73 December 29, 2012 10-K

Cash Flows – Fiscal 2012 Compared to Fiscal 2011

Net cash and cash equivalents increased $4,462 to $6,840 as at December 29, 2012, compared with $2,378 at December 31, 2011, which reflected the following sources of cash:

• long-term debt borrowings of $41,180, mainly relating to the acquisitions of WGI and Babco by Opta Minerals, and financing on equipment for the cocoa processing facility under construction in the Netherlands;

• cash provided by continuing operating activities of $31,035; and

• net proceeds from the sale of Purity of $12,189.

Mostly offset by the following uses of cash:

• net cash consideration paid by Opta Minerals to acquire WGI and Babco of $30,044 in the aggregate;

• capital expenditures of $24,251, with significant spending related to the expansion of our aseptic beverage processing and packaging capacity and other manufacturing capabilities, including construction of the cocoa processing facility; and

• net repayments of borrowings under our credit facilities of $16,155.

Cash provided by operating activities from continuing operations was $31,035 in fiscal 2012, compared with cash used of $3,990 in fiscal 2011, an increase of $35,025, reflecting the improved operating performance in SunOpta Foods, and a decrease in cash used to fund working capital, in particular inventories. The reduction in cash used to fund inventory reflects a decision to carry over greater quantities of certain grains from 2011 into 2012, and contract less acres in 2012 in order to realize the benefit from rising commodity prices. In addition, this reduction reflected reduced purchases of fruit-based commodities due to product rationalization efforts at our frozen foods operation. Those increases were partially offset by a decrease related to changes in accounts receivable reflecting higher sales in the fourth quarter of 2012, compared with the corresponding period of 2011.

Cash used in investing activities of continuing operations was $61,881 in fiscal 2012, compared with $19,393 in fiscal 2011, an increase of $42,488, reflecting net cash paid by Opta Minerals to acquire WGI and Babco of $30,044 in the aggregate, and an increase in capital expenditures of $7,031 in fiscal 2012, compared with cash paid of $5,461 related to the purchase of businesses and proceeds of $4,528 from the sale of frozen food assets in Mexico in fiscal 2011. Cash provided by investing activities relating to discontinued operations of $12,134 in fiscal 2012, primarily reflected the net proceeds from the sale of Purity of $12,189.

Cash provided by financing activities of continuing operations was $23,167 in fiscal 2012, compared with cash provided by financing activities of $25,245 in fiscal 2011, a decrease of $2,078, primarily due to a $41,180 increase in long-term debt mainly related to the WGI and Babco acquisitions by Opta Minerals, and financing fees paid of $2,564 related to the amendments to our various credit facilities, partially offset by net repayments of borrowings under our credit facilities of $16,155 in fiscal 2012, reflecting higher operating cash flows and proceeds from the sale of Purity, compared with net borrowings of $23,360 in fiscal 2011, mainly to fund working capital, capital expenditures and business acquisitions.

Cash Flows – Fiscal 2011 Compared to Fiscal 2010

Net cash and cash equivalents increased $43 to $2,378 as at December 29, 2012, compared with $2,335 at December 31, 2011, which reflected the following sources of cash:

• net borrowings of $23,360, under our credit facilities; and

• net proceeds from the sale of frozen food assets in Mexico of $4,528.

Mostly offset by the following uses of cash:

• capital expenditures of $17,220, including expansion of our aseptic and ingredients facilities and frozen foods packaging capabilities;

• cash paid related to business acquisitions of $5,461, including the purchases of Lorton’s and Inland; and

• cash used in continuing operating activities of $3,990.

SUNOPTA INC. 74 December 29, 2012 10-K

Cash used in operating activities from continuing operations was $3,990 in fiscal 2011, a decrease of $13,978 compared with cash provided by operating activities from continuing operations of $9,988 in fiscal 2010,reflecting an increase related to the timing and higher volume of purchases of crop inventories in fiscal 2011, and lower earnings from continuing operations compared with fiscal 2010.

Cash used in investing activities of continuing operations was $19,393 in fiscal 2011, compared with $64,529 in fiscal 2010, a decrease of $45,136, reflecting net cash paid of $5,461 in the aggregate to acquire businesses, including Lorton’s and Inland, and proceeds of $4,528 from the sale of the Mexican frozen food assets in fiscal 2011, compared with cash paid of $43,671 to acquire Dahlgren and Edner in fiscal 2010. Cash provided by investing activities relating to discontinued operations of $51,682 in fiscal 2010, reflected $65,809 received on the sale of the Canadian Food Distribution assets, offset by $12,142 of cash sold in the divesture of SunOpta BioProcess.

Cash provided by financing activities of continuing operations was $25,245 in fiscal 2011, compared with cash used in financing activities of $6,806 in fiscal 2010, an increase of $32,051, primarily due to net borrowings of $23,360 to fund working capital, capital expenditures and business acquisitions in fiscal 2011, compared to net repayments of borrowings of $7,878 in fiscal 2010, primarily from the proceeds received on the sale of the Canadian Food Distribution assets.

Business and Financial Outlook

The purpose of this Business and Financial Outlook section is to provide shareholders, prospective investors and other readers of the Form 10-K with information regarding management's current plans and expectations including expectations regarding future revenues and earnings. This Outlook has been prepared for this purpose only and readers are cautioned that it may not be appropriate for any other purpose. Readers are also cautioned that this Outlook is subject to the assumptions, risks and uncertainties discussed below and elsewhere in the Form 10-K, that actual results may vary from those presented and therefore they should not place undue reliance on it. This Outlook reflects our current expectations and judgments based on circumstances existing as of March 6, 2013. We disclaim any intention or obligation to update or revise this Business and Financial Outlook, whether as a result of new information, future events or otherwise, except as required by law. The statements in this Outlook are forward-looking statements. See “Forward-Looking Statements”.

Management believes that consumer demand for high quality natural, organic and specialty foods has grown rapidly over the past decade as global awareness of the benefits of healthy eating continues to proliferate. The global market for organic products was valued at $59 billion in 2010 according to the Organic Monitor, a specialist research firm focusing on the organic industry, with historical growth rates between 10% and 20% depending on product line and country. We believe long-term trends for growth remain in place. While a large number of companies compete within specific segments of the market, we believe there are relatively few companies as well positioned as SunOpta to take advantage of this growing market. We believe that our integrated ‘field to table’ business model built over the past 13 years has positioned SunOpta as a global leader in the natural and organic foods and natural health products markets.

For 2013, we believe we will realize revenue and unit growth compared to 2012, resulting from new product offerings, new and expanding customer relationships and incremental sales of natural and organic raw materials, ingredients and nutritious portable consumer packaged products in a variety of formats including flexible resealable pouch and aseptically packaged beverages. We believe that consumers will continue to focus on health conscious natural, organic and specialty foods as concerns over disease, obesity and well-being are center of mind and we feel SunOpta is well positioned to meet the needs of these growing markets.

We believe that our net earnings for 2013 should improve versus 2012 as a result of improved volumes, pricing and product mix; increased capacity and capabilities, cost reduction and streamlining initiatives; and fixed cost leverage both in our plants and back office. Our primary focus for 2013 remains the improvement of operating margins and returns on assets employed towards our established goals of 8% operating income as a percentage of revenues and 15% return on net assets, within three years’ time. Consistent with 2012, we have decided to take a cautious and responsible approach with regard to providing guidance, and in doing so, will not provide specific revenue and earnings guidance for 2013 at this time.

SUNOPTA INC. 75 December 29, 2012 10-K

We have defined a three-pronged strategic framework from which key initiatives and near-term action plans are developed, helping to create focus and a high degree of accountability for our businesses and employees. The framework is as follows:

• Become a pure play natural and organic foods company. This includes evaluating our existing product portfolio, integrating strategically-aligned acquisitions, and divesting non-core assets to focus on key market categories and geographies.

• Aggressively grow our value-added packaged foods and ingredients portfolios. This includes enhancing innovation through shared research and development capabilities, and the addition of new sourcing and processing capabilities to achieve higher gross margins from the introduction of new products, packaging and processes to the market.

• Leverage the integrated platform we have built. This includes optimizing our supply chain capabilities, available production capacity, and consolidated back-office functions to achieve synergies and cost improvements.

Our overall objective of realizing profitable growth through an effective balance of internal growth and acquisitions in support of our integrated ‘field to table’ strategy remains unchanged. Growth via existing customers, and the addition of new customers, is a fundamental objective and we are enhancing our key account and customer loyalty activities to support this. In addition, we continue to look for ways to exploit strategic synergies across SunOpta Foods, integrating wherever possible. Initiatives to improve the productivity of operations include our continuous improvement programs, product rationalization, plant and warehouse rationalization programs, continued training and development of employees, consolidated procurement, supply chain and internal services programs and consolidated information and accounting systems to provide better analysis and timely decision-making. A more fulsome discussion of key strategies is included in Item 1 of the Form 10-K.

Maintaining liquidity and having available sources of cash will be imperative to continue our growth. As at December 29, 2012, we had $6,840 in cash, of which $3,966 may only be used by the operations of Opta Minerals. We also had approximately $67,191 in unused bank lines for a total of $74,031 in cash and borrowings available. Our remaining cash and unused lines plus cash generated from operations are expected to be sufficient to finance 2013 capital spending estimated to be $30,000 to $35,000, and payment of the current portion of long-term liabilities of $1,471. We believe additional sources of cash could be obtained through a combination of additional bank or subordinated financing, a private or public offering, the issuance of shares or through a divestiture. However, there can be no assurance that such financing or transactions would be available or, if so, on terms that are acceptable to us.

Off – Balance Sheet Arrangements

There are currently no off-balance sheet arrangements that have or are reasonably likely to have a current or future material effect on our financial condition.

Contractual Obligations

The table below sets out our contractual obligations as at December 29, 2012:

		Payments due by Period
	Total	2013	2014-2015	2016-2017	Thereafter
	$	$	$	$	$
Bank indebtedness	131,061	131,061	-	-	-
Long-term debt obligations	58,198	6,925	12,798	12,534	25,941
Interest on bank indebtedness and long-term debt(b)	14,496	3,182	5,497	3,977	1,840
Grain purchase commitments	70,295	70,295	-	-	-
Other purchase commitments	12,384	12,384	-	-	-
Operating leases	58,447	12,996	21,374	13,402	10,675
Long-term liabilities	7,015	1,471	5,544	-	-
Commodity and foreign exchange contracts	1,993	1,950	43	-	-
Interest rate swaps	396	396	-	-	-
	354,285	240,660	45,256	29,913	38,456

SUNOPTA INC. 76 December 29, 2012 10-K

(a)	This table does not include certain contingent consideration related to acquisitions completed prior to December 31, 2008 that may become payable if predetermined financial targets are achieved. The estimated fair value of contingent consideration liabilities related to acquisitions completed after January 1, 2009 is reflected in long-term liabilities in the table above.
(b)	Interest is calculated based on scheduled repayments over the periods as indicated, using existing interest rates at December 29, 2012, as disclosed in notes 11 to the Consolidated Financial Statements.

Item 7A. Quantitative and Qualitative Disclosures about Market Risk

All financial numbers presented in this “Item 7A. Quantitative and Qualitative Disclosures about Market Risk” are expressed in thousands of U.S. dollars, unless otherwise noted.

Interest rate risk

Variable and fixed rate borrowings carry different types of interest rate risk. Variable rate debt gives less predictability to earnings and cash flows as interest rates change, while the fair value of fixed rate debt is affected by changes in interest rates. As at December 29, 2012, we had $181,336 and $7,923 principal amount of variable and fixed rate debt, respectively, with weighted-average interest rates of 3.4% and 6.1%, respectively. Opta Minerals utilizes interest rate swaps to manage its exposure to changes in interest rates on a portion of its variable rate debt. As at December 29, 2012, it held an interest rate swap with a notional amount of Cdn $32,200 to fix its effective interest rate on this amount at 1.85% plus a margin based on certain financial ratios, until February 2017. A 100 basis-point change in interest rates would have an after-tax effect of $925 on our earnings and cash flows, based on current outstanding borrowings and effective interest rates on our variable rate debt, taking into account interest rate hedging activities. A 100 basis-point change in interest rates would not have material effect on the fair value of our fixed rate debt, based on the amount currently borrowed.

Foreign currency risk

All of our U.S. subsidiaries use the U.S. dollar as their functional currency, and the U.S. dollar is also our reporting currency. In addition, the functional currency of the Canadian corporate office is the U.S. dollar. The functional currency of our operations located in Europe is principally the euro. For these operations, gains (losses) on translation of net assets to U.S. dollars on consolidation are recorded in accumulated other comprehensive income within shareholders’ equity. We are exposed to foreign exchange rate fluctuations as the financial results of our European subsidiaries are translated into U.S. dollars on consolidation. A 10% change in the exchange rates for the euro would affect the fair value of our net assets by $2,597, with a corresponding impact to accumulated other comprehensive income.

The reporting currency of Opta Minerals is the U.S. dollar. Opta Minerals operates on an international basis. The functional currencies of its Canadian and European subsidiaries are the Canadian dollar and euro, respectively. For these operations, all transaction gains or losses in relation to the U.S. dollar are recorded as foreign exchange gain (loss) in the consolidated statements of operations, while gains (losses) on translation of net assets to U.S. dollars on consolidation are recorded in accumulated other comprehensive income within shareholders’ equity. A 10% movement in foreign currency exchange rates would affect the fair value of our net assets by $2,508 as at December 29, 2012, with a corresponding impact to accumulated other comprehensive income.

The euro appreciated against the U.S. dollar during 2012, with closing rates moving from $1.2972 at December 31, 2011 to $1.3216 at December 29, 2012. The Canadian dollar appreciated relative to the U.S. dollar in 2011, with closing rates moving from Cdn $1.0170 at December 31, 2011 to Cdn $0.9965 at December 29, 2012 for each U.S. dollar.

SunOpta Foods’ operations based in the U.S. have limited exposure to other currencies since almost all sales and purchases are made in U.S. dollars. The European operations are exposed to various currencies as they purchase product from a wide variety of countries in several currencies and primarily sell into the European market. It is our intention to hold excess funds in the currency in which the funds are likely to be used, which will from time to time potentially expose us to exchange rate fluctuations when converted into U.S. dollars. In addition, we enter into forward foreign exchange contracts to reduce exposure to fluctuations in foreign currency exchange rates. Open forward foreign exchange contracts were marked-to-market at December 29, 2012, resulting in a loss of $327 (December 31, 2011 - loss of $149), which is included in foreign exchange on the consolidated statements of operations. We attempt to reduce exposure to foreign currency exchange rates by entering into forward foreign exchange contracts. The net effect of all exchange-based transactions including realized foreign exchange contracts, unrealized open contracts and all other foreign exchange transactions are recorded in foreign exchange on our consolidated statements of operations. For the year ended December 29, 2012, we recorded a gain of $1,046 (December 31, 2011 – a loss of $1,238).

SUNOPTA INC. 77 December 29, 2012 10-K

Commodity risk

SunOpta Foods enters into exchange-traded commodity futures and options contracts to hedge its exposure to price fluctuations on grain and certain other commodity transactions to the extent considered practicable for minimizing risk from market price fluctuations. Futures contracts used for hedging purposes are purchased and sold through regulated commodity exchanges. Inventories, however, may not be completely hedged, due in part to our assessment of our exposure from expected price fluctuations. Exchange purchase and sales contracts may expose us to risk in the event that the counterparty to a transaction is unable to fulfill its contractual obligation. We manage our risk by entering into purchase contracts with pre-approved growers.

We have a risk of loss from hedging activities if a grower does not deliver as scheduled. Sales contracts are entered into with organizations of acceptable creditworthiness, as internally evaluated. All futures transactions are marked to market. Gains and losses on futures transactions related to grain inventories are included in cost of goods sold. As at December 29, 2012, we owned 290,028 (December 31, 2011 - 230,737) bushels of corn with a weighted-average price of $6.85 (December 31, 2011 - $6.11) and 502,256 (December 31, 2011 - 678,100) bushels of soy beans with a weighted-average price of $17.36 (December 31, 2011 - $12.85) . As at December 29, 2012, we had a net short position on corn of 14,340 (December 31, 2011 - long position of 57,701) bushels and a net long position on soybeans of 18,677 (December 31, 2011 - 794). An increase or decrease in commodity prices of either soy or corn of 10% would result in an increase (decrease) in carrying value of these commodities by $23 (December 31, 2011 - $36). In addition, the International Foods Group hedges its purchases of cocoa to minimize price fluctuations.

Item 8. Financial Statements and Supplementary Data

Our Consolidated Financial Statements required by this item are set forth immediately following the signature page to this Form 10-K beginning on page F1 and are incorporated herein by reference.

Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure

None.

Item 9A - Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Our management has established disclosure controls and procedures designed to ensure that information required to be disclosed by the Company in the reports that it files or submits under the Securities Exchange Act of 1934, as amended (the “Exchange Act”) is recorded, processed, summarized and reported within time periods specified in the Securities and Exchange Commission’s rules and forms. Such disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by the Company in the reports that it files or submits under the Exchange Act is accumulated and communicated to its management to allow timely decisions regarding required disclosure.

Under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, we conducted an evaluation of our disclosure controls and procedures (as such term is defined under Rule 13a-15(e) promulgated under the Exchange Act) as of the end of the period covered by this annual report. Based on this evaluation, our Chief Executive Officer and our Chief Financial Officer concluded that our disclosure controls and procedures were effective as of December 29, 2012.

SUNOPTA INC. 78 December 29, 2012 10-K

Management’s Annual Report on Internal Control Over Financial Reporting

Our management is responsible for establishing and maintaining adequate internal control over financial reporting, as defined in Rule 13a-15(f) under the Exchange Act.

Our internal control framework and processes are designed to provide reasonable assurance to management and our Board of Directors regarding the reliability of financial reporting and the preparation of our Consolidated Financial Statements in accordance with accounting principles generally accepted in the United States of America.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

Management assessed the effectiveness of our internal control over financial reporting as of December 29, 2012. In making this assessment, management used the criteria set forth by the Committee on Sponsoring Organizations of the Treadway Commission in Internal Control—Integrated Framework.

Based on its assessment, our management concluded that, as of December 29, 2012, our internal control over financial reporting is effective based on those criteria.

The effectiveness of our internal control over financial reporting as of December 29, 2012 has been audited by Deloitte LLP, Independent Registered Chartered Accountants that also audited the Company’s Consolidated Financial Statements for the year ended December 29, 2012, as stated in their report which appears herein.

Changes in Internal Control Over Financial Reporting

There were no changes in our internal control over financial reporting during the fourth quarter of 2012 that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

SUNOPTA INC. 79 December 29, 2012 10-K

Report of Independent Registered Chartered Accountants

To the Board of Directors and Shareholders of SunOpta Inc.:

We have audited the internal control over financial reporting of SunOpta Inc. and subsidiaries (the “Company”) as of December 29, 2012, based on criteria established in Internal Control — Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission. The Company’s management is responsible for maintaining effective internal control over financial reporting and for its assessment of the effectiveness of internal control over financial reporting, included in the accompanying “Management’s Annual Report on Internal Control Over Financial Reporting”. Our responsibility is to express an opinion on the Company’s internal control over financial reporting based on our audit.

We conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether effective internal control over financial reporting was maintained in all material respects. Our audit included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, testing and evaluating the design and operating effectiveness of internal control based on the assessed risk, and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion.

A company’s internal control over financial reporting is a process designed by, or under the supervision of, the company’s principal executive and principal financial officers, or persons performing similar functions, and effected by the company's board of directors, management, and other personnel to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company's assets that could have a material effect on the financial statements.

Because of the inherent limitations of internal control over financial reporting, including the possibility of collusion or improper management override of controls, material misstatements due to error or fraud may not be prevented or detected on a timely basis. Also, projections of any evaluation of the effectiveness of the internal control over financial reporting to future periods are subject to the risk that the controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

In our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of December 29, 2012, based on the criteria established in Internal Control — Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission.

We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the Consolidated Financial Statements as of and for the year ended December 29, 2012 of the Company and our report dated March 6, 2013 expressed an unqualified opinion on those financial statements.

/s/ Deloitte LLP

Independent Registered Chartered Accountants
Licensed Public Accountants
Toronto, Canada
March 6, 2013

SUNOPTA INC. 80 December 29, 2012 10-K

Item 9B. Other Information

None.

PART III

Item 10. Directors, Executive Officers and Corporate Governance

The information required under this item is incorporated herein by reference to our Definitive Proxy Statement for the Annual Meeting of Shareholders to be filed with the Securities and Exchange Commission not later than 120 days after December 29, 2012 (the “2013 Proxy Statement”).

Item 11. Executive Compensation

The information required under this item is incorporated herein by reference from the 2013 Proxy Statement.

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

The information required under this item is incorporated herein by reference from the 2013 Proxy Statement.

Item 13. Certain Relationships and Related Transactions, and Director Independence

The information required under this item is incorporated herein by reference from the 2013 Proxy Statement.

Item 14. Principal Accounting Fees and Services

The information required under this item is incorporated herein by reference from the 2013 Proxy Statement.

SUNOPTA INC. 81 December 29, 2012 10-K

PART IV

Item 15. Exhibits and Financial Statement Schedules

The following documents are being filed as part of this annual report.

1.	Financial Statements. See “Index to Consolidated Financial Statements” set forth on page F1.
2.	Financial Statement Schedules. All schedules for which provision is made in the applicable accounting requirements of the Securities and Exchange Commission are not required or the required information has been included within the financial statements or the notes thereto.
3.	Exhibits. The list of exhibits in the Exhibit Index included in this annual report is incorporated herein by reference.

EXHIBIT INDEX

Exhibits	Description
2.1+	Asset Purchase Agreement, dated as of May 10, 2010, by and among United Natural Foods, Inc., UNFI Canada, Inc., SunOpta Inc. and Drive Organics Corp. (incorporated by reference to Exhibit 2.1 to the Company’s Current Report on Form 8-K filed on May 12, 2010).
2.2+	Amendment No. 1 to Asset Purchase Agreement, dated as of June 4, 2010, by and among United Natural Foods, Inc., UNFI Canada, Inc., SunOpta Inc. and Drive Organics Corp. (incorporated by reference to Exhibit 2.1 to the Company’s Current Report on Form 8-K filed on June 10, 2010).
2.3+	Share Purchase Agreement, dated as of August 31, 2010, among SunOpta Inc., SunOpta BioProcess Inc., the Vendors (as defined therein), Mascoma Corporation, and Mascoma Canada, Inc. (incorporated by reference to Exhibit 2.1 to the Company’s Current Report on Form 8-K filed on September 7, 2010).
2.4+	Purchase Agreement, dated as of November 8, 2010, by and among Sunrich LLC, Thomas Miller, Charles Considine and Timothy Egeland (incorporated by reference to Exhibit 2.1 to the Company’s Current Report on Form 8-K filed on November 10, 2010).
2.5+	Asset Purchase Agreement, dated as of May 24, 2012, between SunOpta Inc. and Purity Life Health Products LP. (incorporated by reference to Exhibit 2.1 to the Company’s Current Report on Form 8-K filed on May 30, 2012).
3.1	Amalgamation of Stake Technology Ltd. and 3754481 Canada Ltd. (formerly George F. Pettinos (Canada) Limited) (incorporated by reference to Exhibit 3.1 to the Company’s Annual Report on Form 10-KSB for the year ended December 31, 2000).
3.2	Certificate of Amendment, dated October 31, 2003, to change the Company’s name from Stake Technology Ltd. to SunOpta Inc. (incorporated by reference to Exhibit 3i(b) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2003).
3.3	Articles of Amalgamation of SunOpta Inc. and Sunrich Valley Inc., Integrated Drying Systems Inc., Kettle Valley Dried Fruits Ltd., Pro Organics Marketing Inc., Pro Organics Marketing (East) Inc., 4157648 Canada Inc. and 4198000 Canada Ltd., dated January 1, 2004 (incorporated by reference to Exhibit 3i(c) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2003).
3.4	Articles of Amalgamation of SunOpta Inc. and 6319734 Canada Inc., 4157656 Canada Inc. Kofman-Barenholtz Foods Limited, dated January 1, 2005 (incorporated by reference to Exhibit 3i(d) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2004).

SUNOPTA INC. 82 December 29, 2012 10-K

Exhibits	Description
3.5	Articles of Amalgamation of SunOpta Inc. and 4307623 Canada Inc., dated January 1, 2006 (incorporated by reference to Exhibit 3i(e) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2005).
3.6	Articles of Amalgamation of SunOpta Inc., 4208862 SunOpta Food Ingredients Canada Ltd., 4406150 Canada Inc. and 4406168 Canada Inc., dated January 1, 2007 (incorporated by reference to Exhibit 3i(f) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2007).
3.7	Articles of Amalgamation of SunOpta Inc. and 4460596 Canada Inc., dated January 1, 2008 (incorporated by reference to Exhibit 3i(g) to the Company’s Annual Report on Form 10-K for the year ended December 31, 2007).
3.8	Amended and Restated By-law No. 14, dated May 27, 2010 (incorporated by reference to Exhibit A to the Company’s Definitive Proxy Statement on Schedule 14A filed on April 29, 2010).
4.1	Form of Certificate representing Common Shares, no par value (incorporated by reference to Exhibit 4.9 to the Company’s Registration Statement on Form 5-8 filed on September 2, 2011).
10.1**	Employee Stock Purchase Plan amended March 4, 2013.
10.2*	Retiring Allowance Agreement, dated March 8, 2011, between the Company and Jeremy Kendall which terminates and supersedes the Employment Agreement dated October 1, 2001 between the Company and Mr. Jeremy Kendall, as amended (incorporated by reference to Exhibit 10.3 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2010).
10.3*	Employment Agreement, dated February 1, 2007, between the Company and Mr. Steven Bromley (incorporated by reference to Exhibit 10.5 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2007).
10.4*	SunOpta Inc. 2002 Stock Option Plan, Amended and Restated May 2011 (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed on May 24, 2011).
10.5*	Letter Agreement, dated October 10, 2011, by and between SunOpta Inc. and Robert McKeracher (incorporated by reference to Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the quarter ended October 1, 2011).
10.6*	Amendment to Employment Agreement, dated May 6, 2012, between SunOpta Inc. and Steven R. Bromley (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8- K filed on May 11, 2012).
10.7*	Letter Agreement, dated June 30, 2012, by and between SunOpta Inc. and Hendrik (Rik) Jacobs (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed on July 6, 2012).
10.8	Seventh Amended and Restated Credit Agreement, dated as of July 27, 2012, among SunOpta, Inc. and SunOpta Foods Inc., as Borrowers, and Each of the Financial Institutions and Other Entities from Time to Time Parties Thereto, as Lenders, and Certain Affiliates of the Borrowers, as Obligors, and Bank of Montreal, as Agent (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed on August 1, 2012).

SUNOPTA INC. 83 December 29, 2012 10-K

Exhibits	Description
10.9	Multipurpose Facilities Agreement, dated as of September 25, 2012, among The Organic Corporation B.V., Tradin Organic Agriculture B.V., SunOpta Foods Europe B.V., Tradin Organics USA Inc. and Trabocca B.V., as Borrowers, and ING Bank N.V. and ABN AMRO Bank N.V., as Lenders (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed on October 1, 2012).
10.10*	Letter Agreement, dated January 10, 2013, by and between SunOpta Inc. and John Dietrich (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed on January 15, 2013).
21**	List of subsidiaries.
23.1**	Consent of Deloitte LLP, Independent Registered Chartered Accountants.
31.1**	Certification by Steven Bromley, Chief Executive Officer, pursuant to Rule 13a – 14(a) under the Securities Exchange Act of 1934, as amended.
31.2**	Certification by Robert McKeracher, Vice President and Chief Financial Officer, pursuant to Rule  13a – 14(a) under the Securities Exchange Act of 1934, as amended.
32**	Certifications by Steven Bromley, Chief Executive Officer, and Robert McKeracher, Vice President and Chief Financial Officer, pursuant to 18 U.S.C. Section 1350.
101.INS†	XBRL Instance Document
101.SCH†	XBRL Taxonomy Extension Schema Document
101.CAL†	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF†	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB†	XBRL Taxonomy Extension Label Linkbase Document
101.PRE†	XBRL Taxonomy Extension Presentation Linkbase Document

+	Exhibits and schedules to this exhibit have been omitted pursuant to Item 601(b)(2) of Regulation S-K. SunOpta will furnish copies of the omitted exhibits and schedules to the Securities and Exchange Commission upon its request.
*	Indicates management contract or compensatory plan or arrangement.
**	Filed herewith.
†	Pursuant to Rule 406T of Regulation S-T, the Interactive Data Files on Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.

SUNOPTA INC. 84 December 29, 2012 10-K

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

SUNOPTA INC.

/s/ Robert McKeracher
Robert McKeracher
Vice President and Chief Financial Officer

Date: March 6, 2013

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

Signature	Title	Date
/s/ Steven R. Bromley Steven R. Bromley	Chief Executive Officer and Director (Principal Executive Officer)	March 5, 2013
/s/ Robert McKeracher Robert McKeracher	Vice President and Chief Financial Officer (Principal Financial and Accounting Officer)	March 5, 2013
/s/ Jeremy N. Kendall Jeremy N. Kendall	Chairman and Director	March 5, 2013
/s/ Cyril A. Ing Cyril A. Ing	Director	March 5, 2013
/s/ Allan Routh Allan Routh	Director; President, Grains and Foods Group	March 5, 2013
/s/ Katrina Houde Katrina Houde	Director	March 5, 2013
/s/ Douglas Greene Douglas Greene	Director	March 5, 2013
/s/ Victor Hepburn Victor Hepburn	Director	March 5, 2013
/s/ Jay Amato Jay Amato	Director	March 5, 2013
/s/ Alan Murray Alan Murray	Director	March 5, 2013
/s/ Peter Fraser Peter Fraser	Director	March 5, 2013

SUNOPTA INC. 85 December 29, 2012 10-K

SunOpta Inc.

Index to Consolidated Financial Statements

(expressed in thousands of U.S. dollars, unless otherwise noted)

	Page
Report of Independent Registered Chartered Accountants	F2
Consolidated Statements of Operations             For the Years ended December 29, 2012, December 31, 2011 and January 1, 2011	F3
Consolidated Statements of Comprehensive Earnings             For the Years ended December 29, 2012, December 31, 2011 and January 1, 2011	F4
Consolidated Balance Sheets             As at December 29, 2012 and December 31, 2011	F5
Consolidated Statements of Shareholders’ Equity             For the Years ended December 29, 2012, December 31, 2011 and January 1, 2011	F6
Consolidated Statements of Cash Flows             For the Years ended December 29, 2012, December 31, 2011 and January 1, 2011	F7
Notes to Consolidated Financial Statements             For the Years ended December 29, 2012, December 31, 2011 and January 1, 2011	F8

SUNOPTA INC. -F1- December 29, 2012 10-K

Report of Independent Registered Chartered Accountants

To the Board of Directors and Shareholders of SunOpta Inc.:

We have audited the accompanying consolidated balance sheets of SunOpta Inc. and subsidiaries (the "Company") as of December 29, 2012 and December 31, 2011, and the related consolidated statements of operations, comprehensive earnings, shareholders' equity, and cash flows for each of the three years in the period ended December 29, 2012. These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, such consolidated financial statements present fairly, in all material respects, the financial position of SunOpta Inc. and subsidiaries as of December 29, 2012 and December 31, 2011, and the results of their operations and their cash flows for each of the three years in the period ended December 29, 2012, in conformity with accounting principles generally accepted in the United States of America.

We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the Company's internal control over financial reporting as of December 29, 2012, based on the criteria established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission and our report dated March 6, 2013 expressed an unqualified opinion on the Company's internal control over financial reporting.

/s/ Deloitte LLP

Independent Registered Chartered Accountants
Licensed Public Accountants
Toronto, Canada
March 6, 2013

SUNOPTA INC. -F2- December 29, 2012 10-K

SunOpta Inc.

Consolidated Statements of Operations

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

	December 29, 2012		December 31, 2011		January 1, 2011
	$		$		$
			(see note 1	)	(see note 1	)
Revenues	1,091,064		1,019,871		831,677
Cost of goods sold	957,327		898,627		702,175
Gross profit	133,737		121,244		129,502
Selling, general and administrative expenses	82,878		82,176		82,407
Intangible asset amortization	4,933		4,061		3,476
Other expense (income), net (note 14)	2,194		(2,832	)	10,309
Foreign exchange (gain) loss	(1,046	)	1,238		(1,565	)
Earnings from continuing operations before the following	44,778		36,601		34,875
Interest expense, net (note 11)	9,333		8,839		9,749
Earnings from continuing operations before income taxes	35,445		27,762		25,126
Provision for income taxes (note 15)	10,934		9,896		7,123
Earnings from continuing operations	24,511		17,866		18,003
Discontinued operations (note 3)
Earnings (loss) from discontinued operations, net of income taxes	448		(11,005	)	(18,519	)
Gain on sale of discontinued operations, net of income taxes	808		71		62,950
Earnings (loss) from discontinued operations, net of income taxes	1,256		(10,934	)	44,431
Earnings	25,767		6,932		62,434
Earnings attributable to non-controlling interests	1,543		1,636		1,368
Earnings attributable to SunOpta Inc.	24,224		5,296		61,066
Earnings (loss) per share – basic (note 16)
-from continuing operations	0.35		0.25		0.26
-from discontinued operations	0.02		(0.17	)	0.68
	0.37		0.08		0.94
Earnings (loss) per share – diluted (note 16)
-from continuing operations	0.34		0.24		0.25
-from discontinued operations	0.02		(0.16	)	0.67
	0.36		0.08		0.92

(See accompanying notes to consolidated financial statements)

SUNOPTA INC. -F3- December 29, 2012 10-K

SunOpta Inc.

Consolidated Statements of Comprehensive Earnings

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

	December 29, 2012		December 31, 2011		January 1, 2011
	$		$		$
			(see note 1	)	(see note 1	)
Earnings from continuing operations	24,511		17,866		18,003
Earnings (loss) from discontinued operations, net of income taxes	1,256		(10,934	)	44,431
Earnings	25,767		6,932		62,434
Currency translation adjustment	741		(796	)	(3,002	)
Change in fair value of interest rate swap, net of income taxes (note 4)	(87	)	440		351
Adjustments due to pensions	-		-		588
Other comprehensive earnings (loss), net of income taxes	654		(356	)	(2,063	)
Comprehensive earnings	26,421		6,576		60,371
Comprehensive earnings attributable to non-controlling interests	1,683		1,731		779
Comprehensive earnings attributable to SunOpta Inc.	24,738		4,845		59,592

(See accompanying notes to consolidated financial statements)

SUNOPTA INC. -F4- December 29, 2012 10-K

SunOpta Inc.

Consolidated Balance Sheets

As at December 29, 2012 and December 31, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

	December 29, 2012	December 31, 2011
	$	$
		(see note 1	)
ASSETS
Current assets
Cash and cash equivalents (note 17)	6,840	2,378
Restricted cash (note 11)	6,595	-
Accounts receivable (note 5)	113,314	88,898
Inventories (note 6)	255,738	228,455
Prepaid expenses and other current assets (note 4)	20,538	21,378
Current income taxes recoverable	1,814	1,503
Deferred income taxes (note 15)	2,653	4,773
Current assets held for sale (note 1)	-	17,923
	407,492	365,308
Investments (note 7)	33,845	33,845
Property, plant and equipment (note 8)	140,579	120,584
Goodwill (note 9)	57,414	49,387
Intangible assets (note 9)	52,885	48,035
Deferred income taxes (note 15)	12,879	11,751
Other assets (note 4)	2,216	1,854
Non-current assets held for sale (note 1)	-	739
	707,310	631,503
LIABILITIES
Current liabilities
Bank indebtedness (note 11)	131,061	109,718
Accounts payable and accrued liabilities (note 10)	128,544	114,308
Customer and other deposits	4,734	843
Income taxes payable	4,125	1,229
Other current liabilities (note 4)	2,660	1,419
Current portion of long-term debt (note 11)	6,925	35,198
Current portion of long-term liabilities	1,471	995
Current liabilities held for sale (note 1)	-	5,920
	279,520	269,630
Long-term debt (note 11)	51,273	17,066
Long-term liabilities (note 4)	5,544	5,586
Deferred income taxes (note 15)	27,438	24,273
	363,775	316,555
EQUITY
SunOpta Inc. shareholders’ equity
Common shares, no par value, unlimited shares authorized,
66,007,236 shares issued (December 31, 2011 - 65,796,398) (note 13)	183,027	182,108
Additional paid-in capital (note 13)	16,855	14,134
Retained earnings	124,732	100,508
Accumulated other comprehensive income	1,537	2,382
	326,151	299,132
Non-controlling interest	17,384	15,816
Total equity	343,535	314,948
	707,310	631,503

Commitments and contingencies (note 20)

(See accompanying notes to consolidated financial statements)

SUNOPTA INC. -F5- December 29, 2012 10-K

SunOpta Inc.

Consolidated Statements of Shareholders’ Equity

As at and for the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

							Accumulated
			Additional				other com-		Non-
			paid-in		Retained		prehensive		controlling
	Common shares		capital		earnings		income		interest		Total
	000s	$	$		$		$		$		$
Balance at December 31, 2009	64,983	178,694	7,934		34,146		12,079		13,658		246,511
Employee share purchase plan and compensation grants	201	760	-		-		-		-		760
Exercise of options	316	1,207	(84	)	-		-		-		1,123
Issuance of warrants (note 13)	-	-	2,163		-		-		-		2,163
Stock-based compensation	-	-	2,323		-		-		-		2,323
Earnings from continuing operations	-	-	-		16,635		-		1,368		18,003
Earnings from discontinued operations net of income taxes	-	-	-		44,431		(7,772	)	(487	)	36,172
Currency translation adjustment	-	-	-		-		(2,295	)	(707	)	(3,002	)
Non-controlling interest contributions	-	-	-		-		-		243		243
Change in fair value of interest rate swap, net of income taxes	-	-	-		-		233		118		351
Non-current liabilities held for sale	-	-	-		-		-		(108	)	(108	)
Adjustment due to pensions	-	-	-		-		588		-		588
Balance at January 1, 2011	65,500	180,661	12,336		95,212		2,833		14,085		305,127
Employee stock purchase plan and compensation grants	119	626	-		-		-		-		626
Exercise of options	177	821	(292	)	-		-		-		529
Stock-based compensation	-	-	2,090		-		-		-		2,090
Earnings from continuing operations	-	-	-		16,230		-		1,636		17,866
Loss from discontinued operations, net of income taxes	-	-	-		(10,934	)	-		-		(10,934	)
Currency translation adjustment	-	-	-		-		(743	)	(53	)	(796	)
Change in fair value of interest rate swap, net of income taxes	-	-	-		-		292		148		440
Balance at December 31, 2011	65,796	182,108	14,134		100,508		2,382		15,816		314,948
Employee stock purchase plan and compensation grants	111	546	-		-		-		-		546
Exercise of options	100	373	(132	)	-		-		-		241
Stock-based compensation	-	-	2,853		-		-		-		2,853
Earnings from continuing operations	-	-	-		22,968		-		1,543		24,511
Earnings from discontinued operations, net of income taxes	-	-	-		1,256		(1,359	)	-		(103	)
Currency translation adjustment	-	-	-		-		572		169		741
Change in fair value of interest rate swap, net of income taxes	-	-	-		-		(58	)	(29	)	(87	)
Payment to non-controlling interests	-	-	-		-		-		(115	)	(115	)
Balance at December 29, 2012	66,007	183,027	16,855		124,732		1,537		17,384		343,535

(See accompanying notes to consolidated financial statements)

SUNOPTA INC. -F6- December 29, 2012 10-K

SunOpta Inc.

Consolidated Statements of Cash Flows

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

	December 29, 2012		December 31, 2011		January 1, 2011
	$		$		$
			(see note 1	)	(see note 1	)
CASH PROVIDED BY (USED IN)
Operating activities
Earnings	25,767		6,932		62,434
Earnings (loss) from discontinued operations	1,256		(10,934	)	44,431
Earnings from continuing operations	24,511		17,866		18,003
Items not affecting cash:
Depreciation and amortization	20,226		17,809		16,471
Unrealized gain on foreign exchange	(169	)	(268	)	(977	)
Deferred income taxes	1,981		3,993		3,513
Stock-based compensation	2,753		2,090		2,764
Impairment of long-lived assets (note 14)	-		358		7,984
Unrealized (gain) loss on derivative instruments (note 4)	(695	)	839		(1,503	)
Loss (gain) on sale of property, plant and equipment	51		(3,201	)	59
Other	1,215		693		24
Changes in non-cash working capital, net of businesses acquired (note 17)	(18,838	)	(44,169	)	(36,350	)
Net cash flows from operating activities - continuing operations	31,035		(3,990	)	9,988
Net cash flows from operating activities - discontinued operations	(58	)	(1,602	)	(8,680	)
	30,977		(5,592	)	1,308
Investing activities
Acquisitions of businesses, net of cash acquired (note 2)	(30,044	)	(5,461	)	(43,761	)
Purchases of property, plant and equipment	(24,251	)	(17,220	)	(19,183	)
Increase in restricted cash (note 11)	(6,595	)	-		-
Proceeds from the sale of property, plant and equipment	50		4,528		36
Purchases of intangible assets	(128	)	(58	)	(561	)
Payment of contingent consideration (note 4)	(477	)	(233	)	(1,388	)
Other	(436	)	(949	)	328
Net cash flows from investing activities - continuing operations	(61,881	)	(19,393	)	(64,529	)
Net cash flows from investing activities - discontinued operations	12,134		(423	)	51,682
	(49,747	)	(19,816	)	(12,847	)
Financing activities
Increase under line of credit facilities (note 11)	65,813		36,503		14,328
Repayment of line of credit facilities (note 11)	(45,296	)	-		-
Borrowings under long-term debt (note 11)	59,992		4,825		30,217
Repayment of long-term debt (note 11)	(55,484	)	(17,968	)	(52,423	)
Financing costs	(2,564	)	(186	)	(642	)
Proceeds from the issuance of common shares	787		1,155		1,883
Other	(81	)	916		(169	)
Net cash flows from financing activities - continuing operations	23,167		25,245		(6,806	)
Foreign exchange gain (loss) on cash held in a foreign currency	65		(102	)	265
Increase in cash and cash equivalents during the year	4,462		(265	)	(18,080	)
Discontinued operations cash activity included above:
Add: Balance included at beginning of year	-		308		18,971
Less: Balance included at end of year	-		-		(308	)
Cash and cash equivalents - beginning of the year	2,378		2,335		1,752
Cash and cash equivalents - end of the year	6,840		2,378		2,335

Supplemental cash flow information (notes 17)

(See accompanying notes to consolidated financial statements)

SUNOPTA INC. -F7- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

1. Description of Business and Significant Accounting Policies

SunOpta Inc. (the “Company” or “SunOpta”) was incorporated under the laws of Canada on November 13, 1973. The Company operates businesses focused on a healthy products portfolio that promotes sustainable well-being. The Company has two industry groups, the largest being SunOpta Foods, which consists of four operating segments that operate in the natural, organic and specialty food sectors and utilizes a number of integrated business models to bring cost-effective and quality products to market. In addition to SunOpta Foods, the Company owned approximately 66.1% of Opta Minerals Inc. (“Opta Minerals”) as at December 29, 2012 (December 31, 2011 - 66.2%) . Opta Minerals is a vertically integrated provider of custom process solutions and industrial mineral products for use primarily in the steel, foundry, loose abrasive cleaning, and municipal water filtration industries. As at December 29, 2012 and December 31, 2011, the Company also had an 18.7% equity ownership position in Mascoma Corporation (“Mascoma”), an innovative biofuels company.

Basis of Presentation

These consolidated financial statements have been prepared by the Company in United States (“U.S.”) dollars and in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). The consolidated financial statements include the accounts of the Company and those of its wholly-owned and majority-owned subsidiaries, including Opta Minerals. In addition, the accounts of all variable interest entities (“VIEs”) for which the Company has been determined to be the primary beneficiary are included in these consolidated financial statements. All intercompany accounts and transactions have been eliminated on consolidation.

The Company’s investment in Mascoma is being accounted for under the cost method of accounting, as the Company does not have the ability to exercise significant influence over the operating and financial policies of Mascoma.

Comparative Balances

As a result of the divestiture of the Company’s interest in Purity Life Natural Health Products (“Purity”) on June 5, 2012 (see note 3), the operating results and cash flows of Purity for the years ended December 31, 2011 and January 1, 2011 have been reclassified to discontinued operations. In addition, the net assets of Purity have been reclassified and reported as held for sale on the consolidated balance sheet as at December 31, 2011.

Fiscal Year-End

The fiscal year of the Company ends on the Saturday closest to December 31, based on a 52 week calendar, wherein every fiscal quarter is comprised of 13 weeks or 91 days. The fiscal year of Opta Minerals ends on December 31, and its quarterly periods end on March 31, June 30 and September 30.

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires management to make certain estimates and assumptions that affect the reported amounts in the consolidated financial statements and accompanying notes. Areas involving significant estimates and assumptions include: inventory valuation reserves; income tax liabilities and assets, and related valuation allowances; allocation of the purchase price of acquired businesses; fair value of contingent consideration; useful lives of property, plant and equipment and intangible assets; expected future cash flows used in evaluating intangible assets for impairment; evaluating recoverability of investments; and reporting unit fair values in testing goodwill for impairment. The estimates and assumptions made require judgment on the part of management and are based on the Company’s historical experience and various other factors that are believed to be reasonable in the circumstances. Management continually evaluates the information that forms the basis of its estimates and assumptions as the business of the Company and the general business environment changes.

SUNOPTA INC. -F8- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

Business Acquisitions

Acquired businesses are accounted for using the acquisition method of accounting, which requires that assets acquired and liabilities assumed be recorded at fair value, with limited exceptions. Any excess of the purchase price over the fair value of the net assets acquired is recorded as goodwill. Acquisition-related transaction costs are accounted for as an expense in the period in which the costs are incurred. Contingent consideration is measured at fair value and recognized as part of the consideration transferred in exchange for the acquired businesses. Contingent consideration liabilities are remeasured to fair value at each reporting date with the changes in fair value recognized in other expense (income) on the consolidated statements of operations.

Variable Interest Entities

The Company consolidates the financial results of VIEs in which it holds a controlling financial interest. The Company performs a qualitative analysis to determine whether it holds a controlling financial interest (i.e., is the primary beneficiary) in the VIE. The analysis identifies the primary beneficiary of a VIE as the entity that has both the power to direct the activities of the VIE that most significantly impact the economic performance of the VIE and the obligation to absorb losses, or the right to receive benefits, that could potentially be significant to the VIE.

Financial Instruments

The Company’s financial instruments recognized in the consolidated balance sheets and included in working capital consist of cash and cash equivalents, accounts receivable, inventories carried at market, derivative instruments, accounts payable and accrued liabilities, and customer and other deposits. The fair values of these instruments approximate their carrying values due to their short-term maturities. The fair values of long-term debt and long-term liabilities as at December 29, 2012 are considered not to be materially different from the carrying amounts.

The Company’s financial instruments exposed to credit risk include cash equivalents and accounts receivable. The Company places its cash and cash equivalents with institutions of high creditworthiness. The Company’s trade accounts receivable are not subject to a high concentration of credit risk. The Company routinely assesses the financial strength of its customers and believes that its accounts receivable credit risk exposure is limited. The Company maintains an allowance for losses based on the expected collectibility of the accounts receivable.

Fair Value Measurements

The Company has various financial assets and liabilities that are measured at fair value on a recurring basis, including certain inventories and derivatives, as well as contingent consideration. The Company also applies the provisions of fair value measurement to various non-recurring measurements for financial and non-financial assets and liabilities measured at fair value on a non-recurring basis.

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., an exit price). Fair value measurements are estimated based on inputs categorized as follows:

• Level 1 inputs include quoted prices (unadjusted) for identical assets or liabilities in active markets that are observable.

• Level 2 inputs include quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data by correlation or other means.

• Level 3 includes unobservable inputs that reflect the Company’s own assumptions about what factors market participants would use in pricing the asset or liability.

SUNOPTA INC. -F9- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

When measuring fair value, the Company maximizes the use of observable inputs and minimizes the use of unobservable inputs.

Foreign Currency Translation

The assets and liabilities of the Company’s operations having a functional currency other than the U.S. dollar are translated into U.S. dollars at the exchange rate prevailing at the balance sheet date, and at the average rate for the reporting period for revenue and expense items. The cumulative currency translation adjustment is recorded as a component of accumulated other comprehensive income in shareholders’ equity. Exchange gains and losses arising from foreign currency transactions are included in earnings.

Cash and Cash Equivalents

Cash and cash equivalents consist of cash and short-term deposits with an original maturity of 90 days or less. Certain cash and cash equivalents can only be used by subsidiaries and are consolidated for financial reporting purposes due to the Company’s ownership (see note 17).

Accounts Receivable

Accounts receivable comprise trade receivables that are recorded at the invoiced amount and do not bear interest. The allowance for doubtful accounts is an estimate of the amount of probable credit losses in existing accounts receivable. Account balances are charged off against the allowance when the Company believes it is probable the receivable will not be recovered. As at December 29, 2012 and December 31, 2011, no customer’s balance represented 10% or more of the Company’s consolidated trade receivables balance.

Inventories

Inventories (excluding commodity grains) are valued at the lower of cost and market. Cost is principally determined on a weighted-average cost basis. Shipping and handling costs are included in cost of goods sold on the consolidated statements of operations.

Inventories of commodity grains, which include amounts acquired under deferred pricing contracts traded on the Chicago Board of Trade (“CBoT”), are valued at market. Grain inventory quantities at year-end are multiplied by the quoted price on the CBoT to reflect the market value of the inventory. This market value is then adjusted for a basis factor that represents differences in local markets, and broker and dealer quotes to arrive at market. Changes in CBoT prices or the basis factor are included in cost of goods sold on the consolidated statements of operations and comprehensive earnings.

SunOpta Foods economically hedges its commodity grain positions to protect gains and minimize losses due to market fluctuations. Futures contracts and purchase and sale contracts are adjusted to market price and resulting gains and losses from these transactions are included in cost of goods sold. As the Company has a risk of loss from hedge activity if the grower does not deliver the grain as scheduled, these transactions do not qualify as hedges under U.S. GAAP and, therefore, changes in market value are recorded in cost of goods sold on the consolidated statements of operations.

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets include amounts paid in cash and recorded by the Company as a current asset prior to consumption.

Property, Plant and Equipment

Property, plant and equipment are stated at cost, less accumulated depreciation. Depreciation is provided using the straight-line basis at rates reflecting the estimated useful lives of the assets.

SUNOPTA INC. -F10- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

Buildings	20 - 40 years
Machinery and equipment	10 - 20 years
Enterprise software	5 years
Office furniture and equipment	3 - 7 years
Vehicles	5 years

Goodwill

Goodwill represents the excess of the purchase price over the estimated fair value of the identifiable net assets acquired. Goodwill is not amortized but is instead tested for impairment at least annually at the beginning of the fourth quarter, or whenever events or circumstances change between the annual impairment tests that would indicate the carrying amount of goodwill may be impaired. The Company performs a quantitative test for goodwill impairment by comparing the carrying amount of each reporting unit to its estimated fair value. If the carrying amount exceeds the reporting unit’s fair value, there is a potential impairment in goodwill. Any impairment in goodwill is measured by allocating the fair value of the reporting unit in a manner similar to a purchase price allocation and comparing the notional goodwill from the fair value allocation to the carrying value of the goodwill.

Intangible Assets

The Company’s finite-lived intangible assets consist of customer and other relationships, patents and trademarks and other intangible assets. These intangible assets are amortized on a straight-line basis over their estimated useful lives as follows:

Customer and other relationships	2 - 25 years
Patents and trademarks	7 - 15 years
Other	3 - 15 years

Impairment of Long-Lived Assets

The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amounts of the assets may not be recoverable through undiscounted future cash flows. If impairment exists based on expected future undiscounted cash flows, a loss is recognized in income. The amount of the impairment loss is the excess of the carrying amount of the impaired asset over the fair value of the asset, typically based on discounted future cash flows.

Other Assets

Costs incurred in connection with obtaining financing are deferred and amortized over the term of the financing agreement, using the effective interest method.

Derivative Instruments

The Company is exposed to fluctuations in interest rates, commodities and foreign currency exchange. The Company utilizes certain derivative financial instruments to enhance its ability to manage these risks, including interest rate swaps, exchange-traded commodity futures, commodity forward purchase and sale contracts and forward foreign exchange contracts. Derivative instruments are entered into for periods consistent with related underlying exposures and do not constitute positions independent of those exposures. The Company does not enter into contracts for speculative purposes.

All derivative instruments are recognized on the consolidated balance sheets at fair value. Changes in the fair value of derivative instruments are recorded in earnings or other comprehensive earnings, based on whether the instrument is designated as part of a hedge transaction. Gains or losses on derivative instruments reported in accumulated other comprehensive income are reclassified to earnings in the period in which earnings are affected by the underlying hedged item. The ineffective portion of all hedges is recognized in earnings in the current period. As at December 29, 2012, the Company utilized the following derivative instruments:

SUNOPTA INC. -F11- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

(a)	Interest rate swaps
	Opta Minerals utilizes interest rate swaps to manage its exposure to interest rate risks. The fair value of the interest rate swaps is included in accounts payable and accrued liabilities, with changes in the fair value included in accumulated other comprehensive income to the extent that the cash flow hedge continues to be effective. The amounts included in accumulated other comprehensive income are allocated to earnings in the same period in which the hedged item affects earnings. To the extent that the cash flow hedge is not considered to be effective by completely offsetting the change in fair value of the hedged item, the ineffective portion of the hedging relationship is recorded immediately in earnings and is classified as interest expense on the consolidated statements of operations.
(b)	Exchange-traded commodity futures and forward contracts
	SunOpta Foods enters into exchange-traded commodity futures contracts to economically hedge its exposure to price fluctuations on grain and cocoa transactions to the extent considered practicable for minimizing risk from market price fluctuations. Futures contracts used for economical hedging purposes are purchased and sold through regulated commodity exchanges in the U.S. However, inventories may not be completely hedged, due in part to the Company’s assessment of its exposure from expected price fluctuations. Forward purchase and sale contracts may expose the Company to risk in the event that a counterparty to a transaction is unable to fulfill its contractual obligation or if a grower does not deliver grain as scheduled. The Company manages its risk by entering into purchase contracts with pre- approved growers and sale contracts are entered into with organizations of acceptable creditworthiness, as internally evaluated. All futures and forward purchase and sale contracts are marked-to-market. Gains and losses on these transactions are included in cost of goods sold on the consolidated statements of operations.
(c)	Forward foreign exchange contracts
	The Company enters into forward foreign exchange contracts to minimize exchange rate fluctuations relating to foreign currency denominated sales contracts and accounts receivable. Forward foreign exchange contracts designated as hedges are marked-to-market with the effective portion of the gain or loss recognized in other comprehensive earnings and subsequently recognized in earnings in the same period the hedged item affects earnings. Gains and losses on forward exchange contracts not specifically designated as hedging instruments are included in foreign exchange (gain) loss on the consolidated statements of operations.

Customer and Other Deposits

Customer and other deposits include prepayments by customers of the Grains and Foods Group and the International Foods Group for merchandise inventory to be purchased at a future date.

Income Taxes

The Company follows the asset and liability method of accounting for income taxes whereby deferred income tax assets are recognized for deductible temporary differences and operating loss carry-forwards, and deferred income tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the amounts of assets and liabilities recorded for income tax and financial reporting purposes.

Deferred income tax assets are recognized only to the extent that management determines that it is more likely than not that the deferred income tax assets will be realized. Deferred income tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. The income tax expense or benefit is the income tax payable or recoverable for the year plus or minus the change in deferred income tax assets and liabilities during the year.

The Company is subject to ongoing tax exposures, examinations and assessments in various jurisdictions. Accordingly, the Company may incur additional income tax expense based upon the outcomes of such matters. In addition, when applicable, the Company adjusts income tax expense to reflect the Company’s ongoing assessments of such matters, which requires

SUNOPTA INC. -F12- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

judgment and can materially increase or decrease its effective rate as well as impact operating results. The evaluation of tax positions taken or expected to be taken in a tax return is a two-step process, whereby (1) the Company determines whether it is more likely than not that the tax positions will be sustained based on the technical merits of the position, and (2) for those tax positions that meet the more-likely-than-not recognition threshold, the Company recognizes the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the related tax authority.

Defined Benefit Pension Plan

The Company has a defined benefit pension plan covering certain European-based employees. The net periodic benefit cost, which is included in selling, general and administrative expenses on the consolidated statements of operations, represents the cost of benefits earned by employees as services are rendered. The cost reflects management’s best estimates of the pension plan’s expected investment returns, wage and salary escalation, mortality of members, terminations and the ages at which members will retire. Changes in these assumptions could impact future pension expense. The excess of the net actuarial gain (loss) over 10% of the greater of the benefit obligation and the fair value of plan assets at the beginning of the year is amortized over the average remaining service lives of the members.

Stock Option Plan

The Company maintains a stock option plan under which incentive stock options may be granted to employees and non-employee directors. The Company recognizes stock-based compensation at fair value. The grant-date fair value of stock options is estimated using the Black-Scholes option-pricing model. Compensation expense is recognized on a straight-line basis over the stock option vesting period of the entire award based on the estimated number of stock options that are expected to vest. When exercised, stock options are settled through the issuance of shares and are therefore treated as equity awards.

Revenue Recognition

The Company recognizes revenue at the time of delivery of the product or service and when all of the following have occurred: a sales agreement is in place, the price is fixed or determinable, and collection is reasonably assured. Details of specific recognition by industry group are as follows:

(a)	SunOpta Foods
	Grain revenues are recorded when title and possession of the product is transferred to the customer. Possession is transferred to the customer at the time of shipment from the Company’s facility or at the time of delivery to a specified destination depending on the terms of the sale. All other SunOpta Foods revenues are recognized when title is transferred upon the shipment of product or at the time the service is provided to the customer. Consideration given to customers such as value incentives, rebates, early payment discounts and other discounts are recorded as reductions to revenues at the time of sale.
(b)	Opta Minerals
	Revenues from the sale of silica-free loose abrasives, industrial minerals, specialty sands and related products are recognized on transfer of title upon delivery of goods to the customer or when goods are picked up by the customer. Revenue is measured net of returns, discounts and allowances.

Earnings Per Share

Basic earnings per share is computed by dividing the earnings available for common shareholders by the weighted-average number of common shares outstanding during the year. Diluted earnings per share is computed using the treasury stock method whereby the weighted-average number of common shares used in the basic earnings per share calculation is increased to include the number of additional common shares that would have been outstanding if the potential dilutive common shares had been issued at the beginning of the year.

SUNOPTA INC. -F13- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

Recent Accounting Pronouncements

Effective January 1, 2012, the Company adopted on a prospective basis the provisions of the following new accounting standards:

• Amendments to fair value measurement and disclosure requirements.

• Guidance related to the presentation of net income and other comprehensive income in either a single continuous statement or in two separate, but consecutive statements. The amendments did not change the components of other comprehensive income as reported in the Company’s separate statement of comprehensive earnings.

• Guidance on the accounting for goodwill that provides the option of performing a qualitative assessment to determine the likelihood of a goodwill impairment charge. For purposes of its fiscal 2012 goodwill impairment testing, the Company opted to bypass the qualitative assessment and perform a quantitative test.

The adoption of these new standards did not have a significant impact on the Company’s consolidated financial statements.

2. Business Acquisitions

Acquisitions in Fiscal 2012

WGI Heavy Metals, Incorporated

On August 29, 2012, Opta Minerals paid $14,098 in cash to acquire approximately 94% of the outstanding common shares of WGI Heavy Metals, Incorporated (“WGI”), pursuant to an offer by Opta Minerals to acquire all of the outstanding common shares of WGI for Cdn $0.60 cash per share. The fair value of the remaining outstanding common shares of WGI amounted to $870 based on the terms of the offer. The fair value of the remaining outstanding common shares was included in accrued liabilities at the acquisition date, as Opta Minerals had commenced a compulsory acquisition of the outstanding common shares of WGI not tendered to the offer. The compulsory acquisition was completed on November 8, 2012, following which Opta Minerals owned 100% of WGI. WGI’s principal business is the processing and sale of industrial abrasive minerals, and the sourcing, assembly and sale of ultra-high pressure water jet cutting machine replacement parts and components. This acquisition complements Opta Minerals’ existing product portfolio and expands product line offerings to new and existing customers.

The acquisition of WGI has been accounted for as a business combination under the acquisition method of accounting. The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the acquisition date. The amounts recognized for current assets acquired and current liabilities assumed are provisional and adjustments may occur as a result of obtaining more information regarding the valuation of these items. The Company expects to finalize these amounts no later than one year from the acquisition date.

SUNOPTA INC. -F14- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

	Provisional(1	)	Adjusted(2	)
	$		$
Cash and cash equivalents	2,454		2,454
Accounts and other receivables(3)	4,922		4,922
Inventories	7,404		7,329
Other current assets	111		111
Property, plant and equipment	4,991		5,386
Intangible assets	630		-
Goodwill(4)	-		217
Deferred income tax	290		383
Accounts payable and accrued liabilities	(5,056	)	(5,056	)
Bank indebtedness and long-term debt	(551	)	(551	)
Other long-term liabilities	(227	)	(227	)
Total consideration	14,968		14,968

(1)	Reflects the provisional amounts previously reported by the Company in its consolidated financial statements for the quarter ended September 29, 2012.
(2)	Adjustments reflect additional information obtained in connection with the valuation of intangible assets and property, plant and equipment, as well as the consequential tax effects, as of the acquisition date. As these adjustments were not considered material to the Company’s previously reported consolidated financial statements for the quarter ended September 29, 2012, the Company has not retrospectively adjusted those financial statements.
(3)	Includes trade accounts receivable with a fair value of $4,365. The gross contractual amount of trade accounts receivable was $5,097, of which $732 is expected to be uncollectible.
(4)	Goodwill is calculated as the difference between the acquisition-date fair value of the consideration transferred and the values assigned to the assets acquired and liabilities assumed. None of the goodwill is expected to be deductible for tax purposes. The goodwill recorded represents (i) synergies and economies of scale expected to result from combining the operations of Opta Minerals and WGI, (ii) the value of the going-concern element of WGI’s existing business (that is, the higher rate of return on the assembled net assets versus if Opta Minerals had acquired all of the net assets separately), and (iii) the value of WGI’s assembled workforce that does not qualify for separate recognition as an intangible asset.

The acquired assets, assumed liabilities and results of operations of WGI have been included in the Opta Minerals operating segment since the date of acquisition. The revenues and earnings of WGI attributable to SunOpta Inc. that are included in the consolidated statement of operations for the period from the acquisition date to December 29, 2012 were $10,225 and $32, respectively.

Babco Industrial Corp.

On February 10, 2012, Opta Minerals acquired all of the outstanding common shares of Babco Industrial Corp. (“Babco”), located in Regina, Saskatchewan. Babco is an industrial processor of petroleum coke. This acquisition complements Opta Minerals’ existing product portfolio and provides for additional product line offerings to new and existing customers in the region.

This transaction has been accounted for as a business combination under the acquisition method of accounting. The following table summarizes the estimated fair values of the assets acquired and liabilities assumed, as well as the consideration transferred to effect the acquisition of Babco as of the acquisition date.

SUNOPTA INC. -F15- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

	$
Net assets acquired:
Accounts receivable(1)	467
Inventories	372
Other current assets	20
Property, plant and equipment	4,909
Goodwill(2)	7,675
Intangible assets(3)	9,347
Accounts payable and accrued liabilities	(692	)
Deferred income taxes	(2,808	)
Long-term debt(4)	(1,145	)
	18,145
Consideration:
Cash consideration	17,530
Contingent consideration(5)	615
	18,145

(1)	The fair value of accounts receivable acquired is equal to the gross contractual amount receivable.
(2)	Goodwill is calculated as the difference between the acquisition-date fair value of the consideration transferred and the values assigned to the assets acquired and liabilities assumed. None of the goodwill is expected to be deductible for tax purposes. The goodwill recorded represents (i) synergies and economies of scale expected to result from combining the operations of Opta Minerals and Babco, (ii) the value of the going-concern element of Babco’s existing business (that is, the higher rate of return on the assembled net assets versus if Opta Minerals had acquired all of the net assets separately), and (iii) the value of Babco’s assembled workforce that does not qualify for separate recognition as an intangible asset.
(3)	Intangible assets consist of acquired customer relationships, which are being amortized over their estimated useful lives of approximately 15 years.
(4)	In conjunction with the acquisition, Opta Minerals fully repaid Babco’s existing banking facilities.
(5)	Represents the fair value of contingent consideration payments of up to approximately $1,300 if Babco achieves certain earnings before interest, taxes, depreciation and amortization (“EBITDA”) targets over the next five years. The fair value of the contingent consideration was measured using a discounted cash flow analysis based on level 3 inputs, which included a forecasted EBITDA growth rate of 2.5% and a risk-adjusted discount rate of 18.0%.

In addition to the recognition of the fair values of the assets acquired and liabilities assumed at the acquisition date, Opta Minerals determined that in connection with its subsequent amalgamation with Babco, it was more likely than not that the combined company would be able to realize a portion of Opta Minerals’ pre-existing non-capital loss carryforwards. As a result, Opta Minerals released $990 of a valuation allowance against its deferred tax assets, resulting in a corresponding deferred tax benefit (before non-controlling interest) recognized in the provision for income taxes for the year ended December 29, 2012.

The acquired assets (including goodwill), assumed liabilities and results of operations of Babco have been included in the Opta Minerals operating segment since the date of acquisition. The revenues and earnings of Babco attributable to SunOpta Inc. that are included in the consolidated statement of operations for the period from the acquisition date to December 29, 2012 were $12,082 and $2,223, respectively.

SUNOPTA INC. -F16- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

Acquisitions in Fiscal 2011

On November 10, 2011, Opta Minerals acquired the outstanding members’ interest of Inland RC, LLC (“Inland”), a manufacturer of pre-cast refractory shapes, injection lances, stirring lances and electric furnace deltas. Inland’s results of operations have been included in the Opta Minerals operating segment since the date of acquisition. During fiscal 2012, Opta Minerals finalized the acquisition accounting for Inland. As the adjustments to the provisional amounts recorded as of the acquisition date were not considered material to the Company’s previously reported consolidated financial statements, the Company has not retrospectively adjusted those financial statements.

On August 5, 2011, the Company acquired the assets and business of Lorton’s Fresh Squeezed Juices, Inc. (“Lorton’s”), an integrated producer of a variety of citrus-based products in both industrial and packaged formats. Lorton’s results of operations have been included in the Consumer Products Group since the date of acquisition.

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed, as well as the consideration transferred to effect the acquisitions of Inland and Lorton’s, as of the respective acquisition dates.

			Inland		Lorton’s
	Provisional		Final
	$		$		$
Net assets acquired:
Current assets	470		470		1,672
Property, plant and equipment	508		508		1,221
Goodwill(1)	661		410		572
Intangible assets(2)	249		249		469
Current liabilities	(560	)	(635	)	(923	)
Deferred income tax liability	(130	)	-		-
	1,198		1,002		3,011
Consideration:
Cash consideration	658		658		2,500
Contingent consideration	540		344		511
	1,198		1,002		3,011

(1)	The goodwill recognized is attributable primarily to expected synergies and assembled workforces of Inland and Lorton’s. None of the goodwill is expected to be deductible for tax purposes.
(2)	Intangible assets consist of acquired customer relationships of Inland and Lorton’s, which are being amortized over their estimated useful lives of approximately 15 years and seven years, respectively.

Acquisitions in Fiscal 2010

On December 14, 2010, the Company acquired the operating assets of Edner of Nevada, Inc. (“Edner”), a producer of nutritious portable foods such as nutrition bars and grains-based snack bars. Edner’s results of operations have been included in the Consumer Products Group since the acquisition date.

On November 8, 2010, the Company acquired 100% of the outstanding shares of Dahlgren & Company, Inc. (“Dahlgren”), an integrated processor and global supplier of confection sunflower seed products including in-shell and kernel products, roasted sunflower and soy seeds, bird food, hybrid seed and other products. Dahlgren’s results of operations have been included in the Grains and Foods Group since the acquisition date.

SUNOPTA INC. -F17- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed, as well as the consideration transferred to effect the acquisitions of Edner and Dahlgren, as of the respective acquisition dates.

	Edner		Dahlgren
	$		$
Net assets acquired:
Cash and cash equivalents	-		4,239
Current assets	2,376		23,231
Property, plant and equipment	1,418		12,402
Goodwill(1)	2,346		15,940
Intangible assets(2)	1,823		11,013
Other long-term assets	-		624
Current liabilities	(647	)	(12,288	)
Deferred income tax liability	-		(7,670	)
	7,316		47,491
Consideration:
Cash consideration	4,000		46,303
Contingent consideration	3,316		1,188
	7,316		47,491

(1)	The goodwill recognized is attributable primarily to expected synergies and assembled workforces of Edner and Dahlgren. None of the goodwill is expected to be deductible for tax purposes.
(2)	Intangible assets of consist principally of acquired customer relationships of Edner and Dahlgren, which are being amortized over their estimated useful lives of approximately seven years and 12 years, respectively.

Pro Forma Consolidated Results of Operations (Unaudited)

The following table presents unaudited pro forma consolidated results of operations for the years ended December 29, 2012 and December 31, 2011, as if the acquisitions of WGI and Babco had occurred as of January 2, 2011, and the Inland and Lorton’s acquisitions had occurred as of January 1, 2010.

	December 29, 2012	December 31, 2011
	$	$
Pro forma revenue	1,113,598	1,078,574
Pro forma earnings attributable to SunOpta Inc.	22,667	5,584
Pro forma earnings per share
Basic	0.34	0.09
Diluted	0.34	0.08

The pro forma consolidated results of operations were prepared using the acquisition method of accounting and are based on unaudited historical financial information of the Company and the respective acquired businesses. The pro forma information reflects primarily the following pro forma adjustments:

• incremental amortization expense related to the fair value of the identifiable intangible assets acquired;

• additional depreciation expense related to the fair value adjustment to property, plant and equipment acquired;

• additional interest costs associated with an increase in borrowings directly used to finance the acquisitions; and

• consequential tax effects of the preceding adjustments.

SUNOPTA INC. -F18- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

The pro forma information is not necessarily indicative of what the Company’s consolidated results of operations actually would have been had the WGI and Babco acquisitions and the Inland and Lorton’s acquisitions been completed on January 2, 2011 and January 1, 2010, respectively, nor does it purport to project the future results of operations of the Company.

3. Discontinued Operations

Divestiture in Fiscal 2012

Purity Life Natural Health Products

On June 5, 2012, the Company completed the sale of Purity, its Canadian natural health products distribution business, for consideration of $13,443 (Cdn $14,000) in cash at closing, plus up to approximately $672 (Cdn $700) if Purity achieves certain earnings targets during the one-year period following the closing date. The contingent consideration will not be recognized by the Company until realized. The divestiture of Purity is consistent with the Company’s strategy to focus on its core natural and organic foods sourcing and processing business. Purity was formerly part of the Company’s International Foods Group operating segment.

The Company recognized the following gain on sale of Purity in discontinued operations:

Cash consideration	$	13,443
Transaction and related costs		(1,254	)
Net proceeds		12,189
Net assets sold		12,939
Accumulated currency translation adjustment related to net assets sold		(1,359	)
Pre-tax gain on sale		609
Recovery of income taxes(1)		199
Gain on sale of discontinued operations, net of income taxes	$	808

(1) The divestiture resulted in a pre-tax accounting loss on sale of $750 (before giving effect to the accumulated currency translation adjustment). The Company recognized a recovery of income taxes for the associated loss for Canadian tax purposes.

Included in the loss before income taxes from discontinued operations for the year ended December 31, 2011, are impairment charges of $6,025 and $1,485 related to the write-down of intangible assets and property, plant and equipment, respectively, of Purity.

Divestiture in Fiscal 2011

Colorado Sun Oil Processing LLC

Colorado Sun Oil Processing LLC (“CSOP”) was organized in 2008 under the terms of a joint venture agreement with Colorado Mills, LLC (“Colorado Mills”) to construct and operate a vegetable oil refinery adjacent to Colorado Mills’ sunflower crush plant. On August 12, 2011, the U.S. Bankruptcy Court, District of Colorado, accepted an asset purchase agreement submitted by Colorado Mills for CSOP and rejected an asset purchase agreement submitted by the Company. Based on the bankruptcy court ruling, the Company disposed of its interest in the CSOP joint venture, which was previously consolidated as a VIE as part of the Grains and Foods Group, and recognized a gain on sale of discontinued operations of $71. The operating results of CSOP for the years ended December 29, 2012 and December 31, 2011, include legal fees and interest costs incurred in connection with arbitration proceedings related to the joint venture agreement, which are included within earnings (loss) from discontinued operations, net of income taxes. In addition, included in the loss before income taxes from discontinued operations for the year ended December 31, 2011, is a pre-tax charge of $5,246 related to an arbitration ruling against the Company in favor of Colorado Mills (see note 20).

SUNOPTA INC. -F19- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

Divestitures in Fiscal 2010

SunOpta BioProcess Inc.

On August 31, 2010, the Company sold 100% of its ownership interest in SunOpta BioProcess Inc. (“SunOpta BioProcess”) to Mascoma in exchange for an equity ownership position in Mascoma, consisting of preferred stock, common stock and warrants to purchase common stock of Mascoma. The fair value of the non-cash consideration received was estimated to be $33,345 as of the date of sale. The Company recognized a gain on sale, net of income taxes, of $50,154 in discontinued operations, after taking account of the net liabilities of SunOpta BioProcess transferred to Mascoma and the release of additional paid-in capital in connection with the accelerated vesting of stock options related to certain SunOpta BioProcess employees. In addition, included in loss before income taxes from discontinued operations for the year ended January 1, 2011 is $15,280, of stock-based and other compensation awards that were triggered upon the change in control of SunOpta BioProcess. SunOpta BioProcess represented the Company’s former SunOpta BioProcess operating segment.

Canadian Food Distribution

On June 11, 2010, the Company sold its Canadian Food Distribution assets for cash consideration of $65,809, and recognized a gain on sale, net of income taxes, of $12,796 in discontinued operations. Canadian Food Distribution was formerly part of the Company’s former Distribution Group operating segment.

Operating Results Reported in Discontinued Operations

The following table presents the aggregate operating results of Purity, CSOP, Canadian Food Distribution and SunOpta BioProcess reported in earnings (loss) from discontinued operations:

	December 29, 2012		December 31, 2011		January 1, 2011
	$		$		$
Revenues	26,914		62,205		154,118
Earnings (loss) before income taxes	528		(15,724	)	(20,401	)
Recovery of (provision for) income taxes	(80	)	4,465		1,395
Loss allocated to non-controlling interests	-		254		487
Earnings (loss) from discontinued operations, net of income taxes	448		(11,005	)	(18,519	)

SUNOPTA INC. -F20- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

4. Derivative Financial Instruments and Fair Value Measurements

The following table presents for each of the fair value hierarchies, the assets and liabilities that are measured at fair value on a recurring basis as of December 29, 2012 and December 31, 2011:

		December 29, 2012
		Fair value
		asset
		(liability)		Level 1	Level 2		Level 3
		$		$	$		$
(a)	Commodity futures and forward contracts(1)
	Unrealized short-term derivative asset	3,184		690	2,494		-
	Unrealized long-term derivative asset	93		-	93		-
	Unrealized short-term derivative liability	(1,623	)	-	(1,623	)	-
	Unrealized long-term derivative liability	(43	)	-	(43	)	-
(b)	Inventories carried at market(2)	15,426		-	15,426		-
(c)	Interest rate swap(3)	(396	)	-	(396	)	-
(d)	Forward foreign currency contracts(4)	(327	)	-	(327	)	-
(e)	Contingent consideration(5)	(4,398	)	-	-		(4,398	)

		December 31, 2011
		Fair value
		asset
		(liability)		Level 1	Level 2		Level 3
		$		$	$		$
(a)	Commodity futures and forward contracts(1)
	Unrealized short-term derivative asset	2,125		34	2,091		-
	Unrealized long-term derivative asset	271		-	271		-
	Unrealized short-term derivative liability	(1,410	)	-	(1,410	)	-
	Unrealized long-term derivative liability	(70	)	-	(70	)	-
(b)	Inventories carried at market(2)	12,685		-	12,685		-
(c)	Interest rate swap(3)	(256	)	-	(256	)	-
(d)	Forward foreign currency contracts(4)	(149	)	-	(149	)	-
(e)	Contingent consideration(5)	(4,456	)	-	-		(4,456	)

(1)	Unrealized short-term derivative asset is included in prepaid expenses and other current assets, unrealized long-term derivative asset is included in other assets, unrealized short-term derivative liability is included in other current liabilities and unrealized long-term derivative liability is included in long-term liabilities on the consolidated balance sheets.
(2)	Inventories carried at market are included in inventories on the consolidated balance sheets.
(3)	The interest rate swap is included in long-term liabilities on the consolidated balance sheets.
(4)	The forward foreign currency contracts are included in accounts receivable on the consolidated balance sheets.
(5)	Contingent consideration obligations are included in long-term liabilities (including the current portion thereof) on the consolidated balance sheets.

(a)

Commodity futures and forward contracts

The Company’s derivative contracts that are measured at fair value include exchange-traded commodity futures and forward commodity purchase and sale contracts. Exchange-traded futures are valued based on unadjusted quotes for identical assets priced in active markets and are classified as level 1. Fair value for forward commodity purchase and sale contracts is estimated based on exchange-quoted prices adjusted for differences in local markets. Local market adjustments use observable inputs or market transactions for similar assets or liabilities, and, as a result, are classified as level 2. Based on historical experience with the Company’s suppliers and customers, the Company’s own credit risk, and the Company’s knowledge of current market conditions, the Company does not view non-performance risk to be a significant input to fair value for the majority of its forward commodity purchase and sale contracts.

SUNOPTA INC. -F21- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

These exchange-traded commodity futures and forward commodity purchase and sale contracts are used as part of the Company’s risk management strategy, and represent economic hedges to limit risk related to fluctuations in the price of certain commodity grains, as well as the price of cocoa. These derivative instruments are not designated as hedges for accounting purposes. A $695 gain for the year ended December 29, 2012 and a loss of $839 for the year ended December 31, 2011 were recorded in cost of goods sold on the consolidated statements of operations related to changes in the fair value of these derivatives.

At December 29, 2012, the notional amounts of open corn and soybean commodity futures and forward purchase and sale contracts were as follows (in thousands of bushels):

	Number of bushels
	purchase (sale)
	Corn		Soybeans
Forward commodity purchase contracts	886		448
Forward commodity sale contracts	(709	)	(675	)
Commodity futures contracts	(481	)	(256	)

	In addition, as at December 29, 2012, the Company had open forward contracts to sell 64 lots of cocoa.
(b)	Inventories carried at market
	Grains inventory carried at fair value is determined using quoted market prices from the CBoT. Estimated fair market values for grains inventory quantities at period end are valued using the quoted price on the CBoT adjusted for differences in local markets, and broker or dealer quotes. These assets are placed in level 2 of the fair value hierarchy, as there are observable quoted prices for similar assets in active markets. Gains and losses on commodity grains inventory are included in cost of sales on the consolidated statements of operations. At December 29, 2012, the Company had 290,028 bushels of commodity corn and 502,256 bushels of commodity soybeans in inventories carried at market.
(c)	Interest rate swap
	As at December 29, 2012, Opta Minerals held an interest rate swap with a notional value of Cdn $32,200 to pay a fixed rate of 1.85%, plus a margin of 2.0% to 3.5% based on certain financial ratios of Opta Minerals, and receive a variable rate based on various reference rates including prime, bankers’ acceptances or LIBOR, plus the same margin, until February 2017. The net notional value decreases in accordance with the quarterly principal repayments on the Opta Minerals’ non-revolving term credit facility (see note 11).
	At each period end, the Company calculates the mark-to-market fair value of the interest rate swap using a valuation technique using quoted observable prices for similar instruments as the primary input. Based on this valuation, the previously recorded fair value is adjusted to the current marked-to-market position. The marked-to-market gain or loss is placed in level 2 of the fair value hierarchy. As the interest rate swap is designated as a cash flow hedge for accounting purposes, gains and losses on changes in the fair value of this derivative instrument is included on the consolidated statements of comprehensive earnings. For the year ended December 29, 2012, a $140 loss (December 31, 2011 – gain of $635; January 1, 2011 – gain of $496), net of income tax benefits of $53 (December 31, 2011 – income tax expense of $195; January 1, 2011 – income tax expense of $145), was recorded in other comprehensive earnings.
(d)	Foreign forward currency contracts
	As part of its risk management strategy, the Company enters into forward foreign exchange contracts to reduce its exposure to fluctuations in foreign currency exchange rates. For any open forward foreign exchange contracts at period end, the contract rate is compared to the forward rate, and a gain or loss is recorded. These contracts are placed in level 2 of the fair value hierarchy, as the inputs used in making the fair value determination are derived from and are corroborated by observable market data. While these forward foreign exchange contracts typically represent economic hedges that are not designated as hedging instruments, certain of these contracts may be designated as hedges. At December 29, 2012 the Company had open forward foreign exchange contracts with a notional value of €5,197 and $7,116 that resulted in an unrealized loss of $327, which is included in foreign exchange gain on the consolidated statements of operations.

SUNOPTA INC. -F22- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

(e) Contingent consideration

The fair value measurement of contingent consideration arising from business acquisitions (see note 2) is determined using unobservable (level 3) inputs. These inputs include (i) the estimated amount and timing of the projected cash flows on which the contingency is based; and (ii) the risk-adjusted discount rate used to present value those cash flows.

For the year ended December 29, 2012, the change in the fair value of the contingent consideration liability reflected the net addition related to the acquisition-date fair values of the contingent consideration arising from the acquisitions of Babco and Inland of $421 in the aggregate (see note 2) and the payment of $477 in the aggregate to the former owners of Edner and Dahlgren.

5. Accounts Receivable

	December 29, 2012		December 31, 2011
	$		$
Trade receivables	115,737		90,494
Allowance for doubtful accounts	(2,423	)	(1,596	)
	113,314		88,898

The change in the allowance for doubtful accounts provision for the years ended December 29, 2012 and December 31, 2011 is comprised as follows:

	December 29, 2012		December 31, 2011
	$		$
Balance, beginning of year	1,596		1,449
Net additions to provision	1,639		870
Accounts receivable written off, net of recoveries	(844	)	(629	)
Effects of foreign exchange rate differences	32		(94	)
Balance, end of year	2,423		1,596

SUNOPTA INC. -F23- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

6. Inventories

	December 29, 2012		December 31, 2011
	$		$
Raw materials and work-in-process	169,269		147,051
Finished goods	63,621		70,358
Company-owned grain	27,335		17,351
Inventory reserve	(4,487	)	(6,305	)
	255,738		228,455

The change in the inventory reserve for the years ended December 29, 2012 and December 31, 2011 is comprised as follows:

	December 29, 2012		December 31, 2011
	$		$
Balance, beginning of year	6,305		3,764
Additions to reserve during the year	3,458		6,905
Reserves applied and inventories written off during the year	(5,268	)	(4,338	)
Effect of foreign exchange rate differences	(8	)	(26	)
Balance, end of year	4,487		6,305

7. Investments

Mascoma Corporation

As at December 29, 2012 and December 31, 2011, the Company held an 18.7% equity ownership position in Mascoma. Mascoma is a privately-held renewable fuels company headquartered in the U.S. that has developed innovative technology for the low-cost conversion of abundant biomass. On August 31, 2010, the Company sold 100% of its ownership interest in SunOpta BioProcess to Mascoma in exchange for its equity ownership position in Mascoma (see note 3), with a carrying value of $33,345. In addition, on August 3, 2011, the Company purchased a $500 convertible subordinated note issued by Mascoma. The Company is accounting for its total investment in Mascoma using the cost method, as the Company does not have the ability to exercise significant influence over the operating and financial policies of Mascoma.

Although Mascoma has a history of recurring operating losses and negative cash flows, the Company considers the value of its investment to be predicated on the future prospects for Mascoma’s products and technologies. Mascoma’s ability to continue as a going concern is dependent on a number of factors, including its ability to raise additional capital to fund its operational, capital expenditure and debt service requirements, as well as to support its product-development activities. Each reporting period, the Company evaluates whether events or changes in circumstances have occurred that may have a significant adverse effect on its ability to recover the carrying value of its investment. The Company considers the pricing of recent arms-length private offerings of Mascoma’s equity securities, as well as other available information relating to Mascoma to assess the commercial viability and future earnings potential of its products and technologies and its ability to secure additional sources of funding as required. On the basis of its overall assessment, the Company has not estimated the fair value of its investment in Mascoma as at December 29, 2012, as no events or changes in circumstances were identified that may have a significant adverse effect on fair value of the investment.

SUNOPTA INC. -F24- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

8. Property, Plant and Equipment

	December 29, 2012
		Accumulated
	Cost	depreciation	Net book value
	$	$	$
Land	7,659	-	7,659
Buildings	59,388	15,793	43,595
Machinery and equipment	153,204	69,841	83,363
Enterprise software	7,164	5,878	1,286
Office furniture and equipment	7,581	4,897	2,684
Vehicles	6,028	4,036	1,992
	241,024	100,445	140,579

	December 31, 2011
		Accumulated
	Cost	depreciation	Net book value
	$	$	$
Land	6,256	-	6,256
Buildings	47,498	13,044	34,454
Machinery and equipment	135,542	61,325	74,217
Enterprise software	6,818	5,220	1,598
Office furniture and equipment	6,238	4,163	2,075
Vehicles	5,352	3,368	1,984
	207,704	87,120	120,584

Included in machinery and equipment as at December 29, 2012 is $13,475 (December 31, 2011 - $8,016) representing construction in process assets which were not being depreciated as they had not yet reached the stage of commercial viability. Also included in machinery and equipment as at December 29, 2012 is equipment under capital leases with a cost of $1,132 (December 31, 2011 - $1,266) and a net book value of $994 (December 31, 2011 - $956). In addition, machinery and equipment includes $2,913 (December 31, 2011 - $2,618) of spare parts inventory.

Total depreciation expense included in cost of goods sold and selling, general and administrative expense on the consolidated statements of operations related to property, plant and equipment for the year ended December 29, 2012 was $15,293 (December 31, 2011 - $13,935; January 1, 2011 - $13,167).

SUNOPTA INC. -F25- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

9. Goodwill and Intangible Assets

	December 29, 2012	December 31, 2011
	$	$
Goodwill	57,414	49,387
Intangible assets with a finite life at cost, less accumulated amortization of $24,300 (December 31, 2011 - $19,198)	52,885	48,035

The following is a summary of changes in goodwill:

	$
Balance at January 1, 2011	48,174
Acquisitions during the year	1,233
Additions during the year(1)	249
Impact of foreign exchange	(269	)
Balance at December 31, 2011	49,387
Acquisitions during the year	7,892
Additions during the year(1)	250
Reduction during the year(2)	(251	)
Impact of foreign exchange	136
Balance at December 29, 2012	57,414

(1)	During the years ended December 29, 2012 and December 31, 2011, the Company recorded contingent consideration payments of $250 and $249, respectively, as an increase to goodwill relating to business combinations that occurred prior to January 1, 2009.
(2)	Reduction during the year ended December 29, 2012 related to an adjustment to the final purchase price allocation in connection with the acquisition of Inland (see note 2).

There was no indication of goodwill impairment based on the testing done for the years ended December 29, 2012 and December 31, 2011.

For the year ended January 1, 2011, the Company determined that the carrying value of goodwill in the former Natural Health Products reporting unit exceeded its fair value. As a result, the Company recorded a non-cash goodwill impairment charge of $1,654, which has been reclassified to discontinued operations as a result of the divestiture of Purity (see note 3). The following table summarizes the critical assumptions that were used in estimating fair value of the former Natural Health Products reporting unit:

Estimated cumulative average operating income growth (2011 - 2015)	47.4%
Projected long-term annual operating income growth(1)	2.5%
Weighted-average discount rate(2)	15.0%

(1)	Represents the operating income growth rate used to determine terminal value.
(2)	Represents the targeted weighted-average discount rate of 11% plus the impact of a specific reporting unit risk premium to account for the estimated additional uncertainty associated with future cash flows.

SUNOPTA INC. -F26- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

The following is a summary of changes in intangible assets:

	Customer and other		Patents and
	relationships		trademarks		Other		Total
	$		$		$		$
Balance at January 1, 2011	48,763		649		2,999		52,411
Acquisitions (see note 2)	718		-		-		718
Additions	-		-		81		81
Impairments (see note 14)	-		-		(270	)	(270	)
Amortization	(3,674	)	(103	)	(679	)	(4,456	)
Impact of foreign exchange	(438	)	-		(11	)	(449	)
Balance at December 31, 2011	45,369		546		2,120		48,035
Acquisitions (see note 2)	9,347		-		-		9,347
Additions	-		-		128		128
Amortization	(4,163	)	(101	)	(669	)	(4,933	)
Impact of foreign exchange	295		-		13		308
Balance at December 29, 2012	50,848		445		1,592		52,885

The Company estimates that the aggregate future amortization expense associated with finite-life intangible assets in each of the next five fiscal years and thereafter will be as follows:

	$
2013	4,980
2014	4,851
2015	4,630
2016	4,354
2017	4,354
Thereafter	29,716
	52,885

10. Accounts Payable and Accrued Liabilities

	December 29, 2012	December 31, 2011
	$	$
Accounts payable	86,297	78,151
Payroll and commissions	10,389	9,362
Accrued grain liabilities	20,931	14,616
Other accruals	10,927	12,179
	128,544	114,308

SUNOPTA INC. -F27- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

11. Bank Indebtedness and Long-Term Debt

	December 29, 2012	December 31, 2011
	$	$
Bank indebtedness:
Canadian line of credit facility(1)	-	26
U.S. line of credit facility(1)	75,700	51,617
European credit facilities(2)	44,611	-
TOC line of credit facilities(2)	-	50,310
Opta Minerals revolving term credit facility(3)	10,750	-
Opta Minerals Canadian line of credit facility(3)	-	7,765
	131,061	109,718
Long-term debt:
Non-revolving real estate term facility(1)	-	12,133
Non-revolving machinery and equipment term facility(1)	-	11,078
Opta Minerals non-revolving term credit facility(3)	50,315	-
Opta Minerals term loan facility(3)	-	6,392
Opta Minerals revolving acquisition facility(3)	-	12,420
Lease obligations(4)	7,219	786
Promissory notes(5)	-	8,744
Other	664	711
	58,198	52,264
Less: current portion	6,925	35,198
	51,273	17,066

(1)	Syndicated credit facilities
	The syndicated credit facilities support the core North American food operations of the Company.
	On July 27, 2012, the Company entered into an amended and restated credit agreement with a syndicate of lenders. The amended agreement provides secured revolving credit facilities of Cdn $10,000 (or the equivalent U.S. dollar amount) and $165,000, as well as an additional $50,000 in availability upon the exercise of an uncommitted accordion feature. The maximum availability on these facilities is based on a borrowing base that includes certain accounts receivable and inventories of the Company’s North American businesses as defined in the credit agreement. These facilities mature on July 27, 2016, with the outstanding principal amount repayable in full on the maturity date. The facilities replaced the Company’s previous line of credit facilities of Cdn $10,000 and $115,000, and refinanced non-revolving term facilities totalling approximately $21,000, which were due to mature on October 30, 2012.
	Interest on borrowings under these facilities accrues based on various reference rates including LIBOR, plus an applicable margin of 1.75% to 2.50%, which is set quarterly based on average borrowing availability. As at December 29, 2012, the weighted-average interest rate on the facilities was 2.46%.
	These facilities are collateralized by substantially all of the assets of the Company and its subsidiaries, excluding Opta Minerals and The Organic Corporation (“TOC”).

SUNOPTA INC. -F28- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

(2)	European credit facilities
	The European credit facilities support the global sourcing, supply and processing capabilities of the International Foods Group.
	On September 25, 2012, TOC and certain of its subsidiaries entered into a credit facilities agreement with two lenders, which provides for a €45,000 revolving credit facility covering working capital needs and a €3,000 pre-settlement facility covering currency hedging requirements. The revolving credit facility is secured by the working capital of TOC and certain of its subsidiaries. A portion of the revolving credit facility was used to repay an existing €35,000 line of credit facility of TOC, as well as an additional €5,000 in borrowings that were secured by a letter of credit drawn on the Company’s syndicated credit facilities. The revolving credit facility and pre-settlement facility are due on demand with no set maturity date, and the credit limit may be extended or adjusted upon approval of the lenders. Interest costs under the facilities accrue based on either a loan margin of 1.75% or an overdraft margin of 1.85% plus the cost of funds as set by each of the lenders on a periodic basis. The cost of funds as set by the lenders was 0.11% at December 29, 2012.
	On March 26, 2012, TOC entered into a €4,990 credit facility to pre-finance the construction of equipment for a cocoa processing facility to be located in Middenmeer, the Netherlands. As of December 29, 2012, €3,493 of this facility had been utilized to fund the construction in process. Interest on borrowings under this facility accrues at 3.8%. Upon completion of the assets under construction, borrowings under this facility will be repaid through a long-term lease facility (as described below under (4)).
(3)	Opta Minerals credit facilities
	These credit facilities are specific to the operations of Opta Minerals.
	On July 24, 2012, Opta Minerals amended its credit agreement dated May 18, 2012, to provide for a Cdn $20,000 revolving term credit facility (reducing to Cdn $15,000 on January 1, 2013) and a Cdn $52,500 non-revolving term credit facility. The revolving term credit facility matures on August 14, 2013, with the outstanding principal amount repayable in full on the maturity date. The first tranche of the non-revolving term credit facility, in the amount of Cdn $37,500, was used by Opta Minerals to refinance borrowings under its existing term loan and revolving acquisition facilities. The principal is repayable in equal quarterly installments of approximately Cdn $938. The second tranche of Cdn $15,000 was primarily used to fund the acquisition of WGI (see note 2), with the principal being repayable in equal quarterly installments of Cdn $375. Opta Minerals may be required to make additional repayments on the non- revolving term credit facility if certain financial ratios are not met. The non-revolving term credit facility matures on May 18, 2017, with the remaining outstanding principal amount repayable in full on the maturity date.
	Interest on the borrowings under these facilities accrue at the borrower’s option based on various reference rates including LIBOR, plus an applicable margin of 2.00% to 3.50% based on certain financial ratios of Opta Minerals. Opta Minerals utilizes an interest rate swap to hedge the interest payments on a portion of the borrowings under the non- revolving term credit facility (see note 4). As at December 29, 2012, the weighted-average interest rate on the amended credit facilities was 5.5%, after taking into account the related interest rate hedging activities.
	The credit facilities are collateralized by a first priority security interest on substantially all of the assets of Opta Minerals.
(4)	Lease obligations
	On October 1, 2012, TOC entered into a €4,990 ($6,595) lease facility to provide for long-term financing on equipment for the cocoa processing facility in the Netherlands. Interest on this facility accrues at an effective rate of 5.9% and the facility matures on October 1, 2019. Principal and accrued interest is repayable in equal monthly installments of €73. Borrowings under this facility are recorded as restricted cash on the consolidated balance sheet at December 29, 2012, as this amount will be applied to the repayment of the credit facility used to pre-finance the construction of the equipment (as described above under (2)).

SUNOPTA INC. -F29- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

	The Company has other obligations under capital leases that are repayable over a weighted-average term of 3.5 years, with a weighted-average interest rate of 5.1%.
(5)	Promissory notes
	The promissory notes were issued principally in connection with the Company’s acquisition of TOC in April 2008. As at December 31, 2011, the weighted-average interest rate on the promissory notes was 5.4%. During the year ended December 29, 2012, the remaining balance owing on these notes, including accrued interest, was paid to the former shareholders of TOC.

Principal repayments of long-term debt are as follows:

	$
2013	6,925
2014	6,557
2015	6,241
2016	6,251
2017	6,283
Thereafter	25,941
	58,198

Interest expense (including standby fees and the amortization of deferred financing costs) and interest income are as follows:

	December 29, 2012		December 31, 2011		January 1, 2011
	$		$		$
Interest expense	9,602		9,086		9,950
Interest income	(269	)	(247	)	(201	)
Interest expense, net	9,333		8,839		9,749

12. Employee Future Benefits

TOC maintains a defined benefit pension plan for its employees. Contributions made to the plan by TOC and its employees totaled $327 and $302 for the years ended December 29, 2012 and December 31, 2011, respectively. As at December 29, 2012, the fair value of the plan assets amounted to $1,612 (December 31, 2011 - $761) and the projected benefit obligation of the plan totaled $2,136 (December 31, 2011 - $1,267). As at December 29, 2012, the future service lives of plan participants was estimated to be 31 years. The net pension liabilities of $524 and $506 as of December 29, 2012 and December 31, 2011, respectively, are included in long-term liabilities on the consolidated balance sheets. The net periodic benefit cost of the plan amounted to $289, $217 and $173 in the years ended December 29, 2012, December 31, 2011 and January 1, 2011, respectively.

SUNOPTA INC. -F30- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

13. Capital Stock

The Company is authorized to issue an unlimited number of common shares without par value and an unlimited number of special shares without par value (of which none are outstanding).

Stock Option Plans

Under the Company’s 2002 Amended and Restated Stock Option Plan, the Company may issue up to 7,500,000 common shares on the exercise of stock options granted to employees and directors. As at December 29, 2012, 1,704,541 (December 31, 2011 - 2,838,241) options are remaining to be granted under this plan. Options granted in the year ended December 29, 2012 vest ratably on each of the first through fifth anniversaries of the grant date and expire on the tenth anniversary of the grant date. Options granted prior to January 1, 2012 generally vest ratably on each of the first through fifth anniversaries from the date of grant and expire on the sixth anniversary of the grant date.

Employee/director stock options granted by the Company contain an exercise price, which is equal to the closing market price of the shares on the day prior to the grant date. The Company uses reserved and unissued common shares to satisfy option exercises under the plan. Any consideration paid by employees/directors on exercise of stock options or purchase of stock is credited to capital stock.

Details of changes in employee/director stock options are as follows:

					Weighted-
					average
				Weighted-	remaining
				average	contractual		Aggregate
	Options			exercise price	term (years)		intrinsic value
Outstanding at beginning of year	2,656,060		$	5.51
Granted	1,375,500			5.56
Exercised	(99,760	)		2.42
Forfeited or expired	(244,300	)		7.89
Outstanding at end of year	3,687,500		$	5.46	4.5	$	3,036
Exercisable at end of year	1,028,740		$	5.55	3.0	$	1,414

The weighted-average grant-date fair values of all stock options granted in the years ended December 29, 2012, December 31, 2011 and January 1, 2011 were $3.41, $4.36 and $2.79, respectively. The weighted-average assumptions used in the Black-Scholes option pricing model to determine the fair value of the options granted in those years were as follows:

	December 29, 2012	December 31, 2011	January 1, 2011
Dividend yield(1)	0%	0%	0%
Expected volatility(2)	65.8%	68.0%	68.2%
Risk-free interest rate(3)	1.2%	1.8%	2.3%
Expected life of options (years)(4)	6.5	6.0	6.0

(1)	Determined based on expected annual dividend yield at the time of grant.
(2)	Determined based on historical volatility of the Company’s common shares over the expected life of the option.
(3)	Determined based on the yield on U.S. Treasury zero-coupon issues with maturity dates equal to the expected life of the option.
(4)	For the year ended December 29, 2012, determined using simplified method, as the Company changed the term of its stock option grants from six years to 10 years and, as a result, historical exercise data may no longer provide a reasonable basis upon which to estimate expected life. For the years ended December 31, 2011 and January 1, 2011, determined based on historical exercise and forfeiture patterns.

SUNOPTA INC. -F31- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

The fair value of the options is based on estimates of the number of options that management expects to vest, which is estimated to be 85% of the granted amounts.

Details of employee/director stock options outstanding as at December 29, 2012 are as follows:

					Vested		Weighted-	Total		Weighted-
		Exercise price range			outstanding		average price	outstanding		average price
Expiry date		Low		High	options		(vested)	options		(total)
2013	$	12.31	$	13.75	155,500	$	12.57	155,500	$	12.57
2014		4.06		13.35	228,800		5.59	292,100		5.59
2015		0.91		1.92	297,940		1.65	564,900		1.66
2016		4.45		5.62	182,900		4.49	485,000		4.49
2017		4.88		7.72	163,600		7.07	818,000		7.07
2022		5.14		5.73	-		-	1,372,000		5.56
					1,028,740	$	5.55	3,687,500	$	5.46

Earnings from continuing operations for the year ended December 29, 2012 included $2,753 (December 31, 2011 - $2,090; January 1, 2011 - $2,136) of stock compensation expense related to the Company’s stock-based compensation arrangements, including $501 (December 31, 2011 - $354; January 1, 2011- $777) in stock-based compensation for the options issued by Opta Minerals to its employees. In addition, the Company realized a cash tax benefit of $12 (December 31, 2011 - $86; January 1, 2011 - $42) relating to options granted in prior years and exercised in the current year, which was recorded as an increase in additional paid-in capital. Total compensation costs related to non-vested awards not yet recognized as an expense is $6,827 as at December 29, 2012, which will be amortized over a weighted-average remaining vesting period of 2.3 years.

Employee Share Purchase Plan

The Company maintains an employee share purchase plan whereby employees can purchase common shares through payroll deductions. In the year ended December 29, 2012, the Company’s employees purchased 111,078 common shares (December 31, 2011 - 119,028; January 1, 2011 - 198,903) for total proceeds of $546 (December 31, 2011 - $626; January 1, 2011 - $760). As at December 29, 2012, 1,443,986 (December 31, 2011 - 1,555,064) common shares are remaining to be granted under this plan.

Warrants

On February 5, 2010, the Company issued warrants exercisable for up to 250,000 common shares at an exercise price of $3.25 per share as partial payment for general investment banking financial advisory services. On June 11, 2010, the Company issued warrants exercisable for up to 600,000 common shares at an exercise price of $5.11 per share as partial payment for advisory services in connection with the sale of the Canadian Food Distribution assets (see note 3). A fair value of $2,163 was assigned to these warrants, determined using the Black-Scholes option pricing model. The fair value of the warrants was expensed in full as of the dates of issuance, with the offset recorded as an increase to additional paid-in capital. As at December 29, 2012, none of the warrants have been exercised.

SUNOPTA INC. -F32- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

14. Other Expense (Income), Net

		December 29, 2012		December 31, 2011		January 1, 2011
		$		$		$
(a)	Severance and other rationalization costs	1,705		505		1,169
(b)	Acquisition-related transaction costs	671		467		547
(c)	Long-lived asset impairment charges	-		358		7,549
(d)	Gain on sale of assets	(376	)	(2,872	)	-
(e)	Fair value of contingent consideration	-		(1,235	)	-
(f)	Legal settlements	-		(512	)	-
(g)	Wind-up of defined benefit pension plan	-		-		588
	Other	194		457		456
		2,194		(2,832	)	10,309

(a)	Severance and other rationalization costs
	For the year ended December 29, 2012, the Company recorded employee severance and other costs in connection with the rationalization of a number of operations and functions in an effort to streamline operations. The Company incurred severance costs of $500 in total as a result of a reduction in its salaried workforce of approximately 6%, and the Company accrued $795 of severance payable to a former executive officer over a period of 15 months. In addition, Opta Minerals recorded severance costs of $410 in connection with the acquisition of WGI.
	For the year ended December 31, 2011, the Company recorded employee severance and other rationalization costs mainly in connection with the divestiture of fruit processing operations in Mexico and California. For the year ended January 1, 2011, these costs were related to the rationalization of operations at the Frozen Foods operations and the closure of the Company’s brokerage operation in Chicago, Illinois.
(b)	Acquisition-related transaction costs
	Represents transaction costs incurred in connection with the fiscal 2012 acquisitions of WGI and Babco, the fiscal 2011 acquisitions of Inland and Lorton’s, and the fiscal 2010 acquisitions of Edner and Dahlgren (see note 2).
(c)	Long-lived asset impairment charges
	For the year ended December 31, 2011, the Company wrote off certain long-lived tangible and intangible assets of the frozen food operation of the Consumer Products Group in the amounts of $88 and $270, respectively.
	For the year ended January 1, 2011, the Company recorded an asset impairment charge of $4,224 against the carrying value of property, plant and equipment within the Mexican and California fruit processing operations. Following management’s decision to rationalize these operations, the carrying value of the property, plant and equipment was written down to its fair value. A supplier relationship intangible asset in the amount of $454 was also written off, as the rationalization plan impaired all future value of the relationship. In addition, the Company identified and wrote off $516 of obsolete equipment at its healthy snacks operation. The Company also recorded an intangible assets impairment charge of $2,355 in connection with the closure of its Chicago-based brokerage operation. All of these impairments charges were related to the Consumer Products Group and totaled $7,549.
(d)	Gain on sale of assets
	For the year ended December 29, 2012, the gain on sale of assets comprises an insurance recovery that was in excess of the carrying amount of the insured assets.

SUNOPTA INC. -F33- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

	For the year ended December 31, 2011, the Company completed the sale of land, buildings and processing equipment located in Mexico for proceeds of $5,650. The Company recorded a gain on sale of $2,872, after deducting the carrying value of the assets and related transaction costs.
(e)	Fair value of contingent consideration
	For the year ended December 31, 2011, the Company remeasured the fair value of the contingent consideration related to the acquisitions of Edner and Dahlgren, which resulted in a $1,235 reduction in the related contingent consideration liabilities.
(f)	Legal settlements
	For the year ended December 31, 2011, the Company recorded a recovery of $512 in connection with the settlement of a class action lawsuit with a former employee. In fiscal 2009, the Company had accrued $1,200 related to the tentative settlement of this matter.
(g)	Wind-up of defined benefit pension plan
	As a result of the wind-up of a defined benefit plan of its former Mexican operations in fiscal 2010, the Company recognized a non-cash charge of $588 that was previously recorded in accumulated other comprehensive income on the consolidated balance sheet.

SUNOPTA INC. -F34- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

15. Income Taxes

The provision for income taxes from continuing operations differs from the amount that would have resulted by applying the combined Canadian federal and provincial statutory income tax rate to earnings before income taxes due to the following:

	December 29, 2012		December 31, 2011		January 1, 2011
	$		$		$
Income tax provision at combined statutory rate	9,392		7,773		7,925
Income (decrease) by the effects of:
Impact of foreign exchange	18		194		(138	)
Change in valuation allowance	(1,354	)	(1,054	)	(3,708	)
Foreign tax rate differential	2,820		824		849
Impact of substantively enacted tax rates	(406	)	1,036		(298	)
Benefits of intercompany financing structures	(210	)	(1,231	)	(1,483	)
Impact of capital gains and losses	-		-		2,227
Impact of goodwill and intangible asset impairments	-		109		(8	)
Change in unrecognized tax benefits	180		-		(549	)
SRED and other ITCs carried forward in the year	-		606		264
Expiring non-capital losses and R&D credits plus a change in Canadian        capital losses	-		2,002		-
Other	494		(363	)	2,042
Provision for income taxes	10,934		9,896		7,123

The components of earnings (loss) from continuing operations before income taxes are shown below:

	December 29, 2012	December 31, 2011		January 1, 2011
	$	$		$
Canada	9,070	(1,559	)	(5,013	)
U.S.	15,416	17,136		24,645
Other	10,959	12,185		5,494
	35,445	27,762		25,126

SUNOPTA INC. -F35- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

The components of the provision (recovery) of income taxes are shown below:

	December 29, 2012		December 31, 2011		January 1, 2011
	$		$		$
Current income tax provision (recovery):
Canada	250		(468	)	2,546
U.S.	3,123		3,534		1
Other	3,041		2,724		1,103
	6,414		5,790		3,650
Deferred income tax provision (recovery):
Canada	889		613		(3,070	)
U.S.	3,648		3,121		7,802
Other	(17	)	372		(1,259	)
	4,520		4,106		3,473
Provision for income taxes	10,934		9,896		7,123

Deferred income taxes of the Company are comprised of the following:

	December 29, 2012		December 31, 2011		January 1, 2011
	$		$		$
Differences in property, plant and equipment and intangible assets	(33,476	)	(29,088	)	(30,998	)
Capital and non-capital losses	16,076		16,240		26,651
Tax benefit of scientific research expenditures	5,086		4,908		3,513
Tax benefit of costs incurred during share issuances	368		191		(2,072	)
Inventory basis differences	1,944		2,423		3,020
Other accrued reserves	1,241		2,124		(2,283	)
	(8,761	)	(3,202	)	(2,169	)
Less: valuation allowance	3,145		4,547		5,880
Net deferred income tax liability	(11,906	)	(7,749	)	(8,049	)

The components of the deferred income tax asset (liability) are shown below:

	December 29, 2012		December 31, 2011		January 1, 2011
	$		$		$
Canada	7,848		11,278		10,451
U.S.	(16,721	)	(16,009	)	(16,136	)
Other	(3,033	)	(3,018	)	(2,364	)
	(11,906	)	(7,749	)	(8,049	)

SUNOPTA INC. -F36- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

The components of the deferred income tax valuation allowance are as follows:

	December 29, 2012		December 31, 2011		January 1, 2011
	$		$		$
Balance, beginning of year	4,547		5,880		7,178
Decrease in valuation allowance	(1,354	)	(1,054	)	(3,708	)
Adjustments to valuation allowance as a result of acquisitions and foreign exchange	(48	)	(279	)	2,410
Balance, end of year	3,145		4,547		5,880

The Company has approximately $10,847 (December 31, 2011 - $10,628) in Canadian scientific expenditures, which can be carried forward indefinitely to reduce future years’ taxable income. The Company also has approximately $958 and $71 (December 31, 2011 – $1,003 and $390) in Canadian and U.S. scientific research investment tax credits and $166 (December 31, 2011 - $166) in Massachusetts research and development tax credits, which will expire in varying amounts up to 2029.

The Company has Canadian and U.S. federal non-capital loss carry-forwards of approximately $28,821 and $11,517, respectively, as at December 29, 2012 (December 31, 2011 - $25,790 and $7,743, respectively). The Company also has state loss carry-forwards of approximately $11,311 as at December 29, 2012 (December 31, 2011 - $8,842). The amounts are available to reduce future federal and provincial/state income taxes. Non-capital loss carry-forwards attributable to Canada and the U.S. expire in varying amounts over the next 20 years.

The Company has Canadian capital losses of approximately $845 as at December 29, 2012 (December 31, 2011 - $655) for which a full valuation allowance exists. These amounts are available to reduce future capital gains and do not expire.

The Company records net deferred tax assets to the extent it believes these assets will more likely than not be realized. In making such determinations, the Company considers all available positive and negative evidence, including future reversals of existing temporary differences, projected future taxable income, tax planning strategies and recent financial operations. Based on this evaluation, a valuation allowance of $3,145 (December 31, 2011 - $4,547) has been recorded against certain assets to reduce the net benefit recorded in the consolidated financial statements.

The Company has not provided Canadian deferred taxes on cumulative earnings of non-Canadian affiliates and associated companies that have been reinvested indefinitely. Deferred taxes are provided for earnings of non-Canadian affiliates and associated companies when the Company determines that such earnings are no longer indefinitely reinvested.

The Company believes it has adequately examined its tax positions taken or expected to be taken in a tax return; however, amounts asserted by taxing authorities could differ from the Company’s positions. Accordingly, additional provisions on federal, provincial, state and foreign tax-related matters could be recorded in the future as revised estimates are made or the underlying matters are settled or otherwise resolved. A reconciliation of the beginning and ending amount of unrecognized tax benefits (excluding interest and penalties) is presented below.

	December 29, 2012	December 31, 2011
	$	$
Balance, beginning of year	2,568	2,568
Additions based on tax positions related to the current year	189	-
Balance, end of year	2,757	2,568

The Company’s unrecognized tax benefits largely include a possible reduction to prior year losses for U.S. exposures relating to the deductibility of certain interest amount accrued. The Company believes that it is reasonably possible that a decrease in unrecognized tax benefits related to tax exposures in the U.S. may be necessary as statute limitations lapse beginning in 2015.

SUNOPTA INC. -F37- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

Consistent with its historical financial reporting, the Company has classified interest and penalties related to income tax liabilities, when applicable, as part of interest expense in its consolidated statements of operations. The Company recognized $nil in potential interest and penalties associated with unrecognized tax benefits for the year ended December 29, 2012 (December 31, 2011 - $nil). The unrecognized tax benefits have been recorded as a reduction of long-term deferred tax assets. All of the unrecognized tax benefits could impact the Company's effective tax rate if recognized.

The number of years with open tax audits varies depending on the tax jurisdiction. The Company’s major taxing jurisdictions include Canada, Ontario, the U.S. (including multiple states), and the Netherlands. The Company’s 2007 through 2011 tax years (and any tax year for which available non-capital loss carry-forwards were generated up to the amount of non-capital loss carry-forward) remain subject to examination by the Internal Revenue Service for U.S. federal tax purposes, and the 2005 through 2011 tax years remain subject to examination by the appropriate governmental agencies for Canadian federal tax purposes. There are other ongoing audits in various other jurisdictions that are not considered material to the Company’s consolidated financial statements.

16. Earnings (Loss) Per Share

Earnings (loss) per share were calculated as follows:

		December 29, 2012		December 31, 2011			January 1, 2011
Earnings from continuing operations attributable to SunOpta Inc.	$	22,968	$	16,230		$	16,635
Earnings (loss) from discontinued operations, net of taxes		1,256		(10,934	)		44,431
Earnings attributable to SunOpta Inc.	$	24,224	$	5,296		$	61,066
Basic weighted-average number of shares outstanding		65,897,969		65,644,372			65,179,067
Dilutive potential of the following:
Employee/director stock options		551,723		705,332			663,506
Warrants		161,705		233,445			185,705
Diluted weighted-average number of shares outstanding		66,611,397		66,583,149			66,028,278
Earnings (loss) per share - basic:
- from continuing operations	$	0.35	$	0.25		$	0.26
- from discontinued operations		0.02		(0.17	)		0.68
	$	0.37	$	0.08		$	0.94
Earnings (loss) per share - diluted:
- from continuing operations	$	0.34	$	0.24		$	0.25
- from discontinued operations		0.02		(0.16	)		0.67
	$	0.36	$	0.08		$	0.92

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011, options to purchase 2,045,200, 1,355,700 and 837,900 common shares, respectively, have been excluded from the calculations of diluted earnings per share due to their anti-dilutive effect.

SUNOPTA INC. -F38- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

17. Supplemental Cash Flow Information

	December 29, 2012		December 31, 2011		January 1, 2011
	$		$		$
Changes in non-cash working capital, net of businesses acquired:
Accounts receivable	(18,904	)	4,632		(9,303	)
Inventories	(19,180	)	(39,687	)	(38,334	)
Income tax recoverable	2,395		(1,249	)	1,201
Prepaid expenses and other current assets	3,409		4,532		(10,456	)
Accounts payable and accrued liabilities	9,541		(10,254	)	18,726
Customer and other deposits	3,901		(2,143	)	1,816
	(18,838	)	(44,169	)	(36,350	)
Cash paid for:
Interest	8,541		7,632		8,993
Income taxes	6,304		7,256		2,105

As at December 29, 2012, cash and cash equivalents included $3,966 (December 31, 2011 - $698) that is specific to Opta Minerals and cannot be utilized by the Company for general corporate purposes.

18. Related Party Transactions and Balances

The following table summarizes related party transactions and balances not disclosed elsewhere in these consolidated financial statements:

		December 29, 2012	December 31, 2011	January 1, 2011
		$	$	$
Transactions:
(a)	Purchases and sales at market prices:
	President of Grains and Foods Group - purchases	172	469	502
	President of Grains and Foods Group - sales	316	174	104
	Employees of Grains and Foods Group - purchases	365	1,352	823
	Employees of Grains and Foods Group - sales	1,170	335	217
(b)	Sales of coffee beans at market prices	871	700	381
(c)	Rent paid at market rates	498	512	430
(d)	Interest paid on promissory notes	112	225	320
Balances:
(e)	Amount due under employment contract	215	248	380
(f)	Contingent consideration obligations	62	233	447

(a) Represents purchases of agronomy products from the Company at market prices, as well as the sale of organic corn and soybeans at market prices to the Company, which are included in revenues and cost of goods sold, respectively, on the consolidated statements of operations.

SUNOPTA INC. -F39- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

(b)	Represents the sale of coffee beans at market prices from TOC to a company that is owned by the non-controlling shareholder of Trabocca B.V., a less-than-wholly-owned subsidiary of TOC. These sales are included in revenues on the consolidated statement of operations.
(c)	Represents rental payments at market rates for the lease of production, warehouse and/or office facilities from former owners or shareholders of acquired businesses who remain employed by the Company. These payments are included in selling, general and administrative expenses on the consolidated statements of operations.
(d)	Represents interest payments on promissory notes issued to former shareholders of TOC (see note 11), who remained in senior management positions with TOC. These payments are included in interest expense, net on the consolidated statements of operations.
(e)	Represents the amount owed under an employment contract with the Company’s former Chief Executive Officer (“CEO”), who remains Chairman of the Board. This contract provides for annual consulting fees to be paid until 2020, regardless of whether the former CEO continues to provide services to the Company. The remaining amount due is included in long- term liabilities on the consolidated balance sheets.
(f)	Represents contingent consideration obligations payable by Opta Minerals to former owners or shareholders of acquired businesses who remain employed by, or have been appointed directors of Opta Minerals. These obligations are included in long-term liabilities on the consolidated balance sheets.

19. Variable Interest Entity

TOC holds an investment in a joint venture in Ethiopia related to hulling of organic sesame seeds. TOC purchases all of the output from the joint venture, and sells the product through its existing sales and marketing channels. TOC holds 35% of the voting common shares and consolidates its variable interest in the joint venture, as it has been determined to be the primary beneficiary.

The liabilities of the VIE consolidated by the Company represent claims against the specific assets of the VIE, and not additional claims on the Company’s general assets. There is no recourse available to the creditors of the VIE against the Company. The impact of consolidating the investment in the joint venture on the consolidated balance sheet is as follows:

	December 29, 2012		December 31, 2011
	$		$
Current assets	1,330		718
Property, plant and equipment	1,320		1,361
Current liabilities	(482	)	(414	)
Long-term debt	(664	)	(711	)
Long-term liabilities	(271	)	(330	)
Non-controlling interest	429		36
Net investment by the Company	1,662		660

SUNOPTA INC. -F40- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

20. Commitments and contingencies

(a)	Colorado Sun Oil Processors, LLC dispute
	Colorado Mills and SunOpta Grains and Foods Inc. (formally Sunrich LLC, herein “Grains and Foods”), a wholly– owned subsidiary of the Company, organized a joint venture through CSOP. The purpose of the joint venture was to construct and operate a vegetable oil refinery adjacent to Colorado Mills’ sunflower seed crush plant located in Lamar, Colorado. During the relationship, disputes arose between the parties concerning management of the joint venture, record-keeping practices, certain unauthorized expenses incurred on behalf of the joint venture by Colorado Mills, procurement of crude oil by Sunrich from Colorado Mills for processing at the joint venture refinery, and the contract price of crude oil offered for sale under an output term of the joint venture agreement.
	The parties initiated a dispute resolution process as set forth in the joint venture agreement, which Colorado Mills aborted prematurely through the initiation of suit in Prowers County District Court, Colorado on March 16, 2010. Subsequent to the filing of that suit, Colorado Mills acted with an outside creditor of the joint venture to involuntarily place the joint venture into bankruptcy. In August 2011, as part of the bankruptcy proceeding initiated in June 2010 in the U.S. Bankruptcy Court, District of Colorado, Colorado Mills purchased substantially all of the assets of the joint venture (see note 3).
	A separate arbitration proceeding occurred between Grains and Foods and Colorado Mills to resolve direct claims each party asserted against the other. The case was arbitrated during the week of August 8, 2011 and proposed findings were filed on September 13, 2011. On January 4, 2012 the arbitrator entered an award denying Grains and Foods’ claims and awarding Colorado Mills $4,816 for its breach of contract claim and $430 for accrued interest. The Company subsequently filed a motion to vacate the arbitration award on March 30, 2012 in Prowers County District Court. Colorado Mills filed a response on April 20, 2012. The Company filed a reply on April 27, 2012. The Prowers County District Court denied the Company’s motion and entered judgment on the arbitration award on July 6, 2012 in the amount of $4,816. On July 13, 2012, the Company bonded the judgment in the amount of $6,875, or approximately 125% of the judgment amount, to stay execution of the judgment pending the Company’s filing of an appeal to the Colorado Court of Appeals. On August 20, 2012, the Company appealed the judgment to the Colorado Court of Appeals. Oral Argument for the appeal has not yet been scheduled. Although management believes the claims asserted by Colorado Mills are baseless, that the arbitrator committed prejudicial error, and that vacatur of the award is warranted, management cannot predict whether the prospect of an unfavorable outcome in this matter is probable. As of December 29, 2012 and December 31, 2011, the Company accrued the full value of the award, together with accrued interest, pending the outcome of post-arbitration judicial proceedings.
(b)	Other claims
	In addition, various claims and potential claims arising in the normal course of business are pending against the Company. It is the opinion of management that these claims or potential claims are without merit and the amount of potential liability, if any, to the Company is not determinable. Management believes the final determination of these claims or potential claims will not materially affect the financial position or results of the Company.
(c)	Environmental laws
	The Company believes that, with respect to both its operations and real property, it is in material compliance with current environmental laws. Based on known existing conditions and the Company’s experience in complying with emerging environmental issues, the Company is of the view that future costs relating to environmental compliance will not have a material adverse effect on its consolidated financial position, but there can be no assurance that unforeseen changes in the laws or enforcement policies of relevant governmental bodies, the discovery of changed conditions on the Company’s real property or in its operations, or changes in the use of such properties and any related site restoration requirements, will not result in the incurrence of significant costs.

SUNOPTA INC. -F41- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

(d)	Grain, sunflower and other commitments
	As at December 29, 2012, the Company held grain for the benefit of others in the amount of $6,879 (December 31, 2011 - $5,306). The Company is liable for any deficiencies of grade or shortage of quantity that may arise in connection with such grain. As at December 29, 2012, the Company also has commitments to purchase $70,295 (December 31, 2011 - $46,190) of grains and sunflowers in the normal course of business. In addition, the Company has other supplier and purchase commitments in the amount of $12,384 as at December 29, 2012 (December 31, 2011 - $2,720).
(e)	Letters of credit
	The Company has outstanding letters of credit at December 29, 2012 totaling $4,998 (December 31, 2011 - $15,189).
(f)	Real property lease commitments
	The Company has entered into various leasing arrangements, which have fixed monthly rents that are adjusted annually each year for inflation.
	Minimum commitments under operating leases, principally for processing facilities, warehouse and distribution facilities, and equipment for the next five fiscal years and thereafter are as follows:

	$
2013	12,996
2014	11,583
2015	9,791
2016	7,427
2017	5,975
Thereafter	10,675
	58,447

In the years ended December 29, 2012, December 31, 2011 and January 1, 2011, net minimum rents, including contingent rents and sublease rental income, were $10,704, $10,211 and $9,102, respectively.

SUNOPTA INC. -F42- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

21. Segmented Information

In the first quarter of 2012, the Company implemented changes to its organizational structure to align the operations of SunOpta Foods according to the type of customers and markets served, rather than by product groupings. Consequently, the Company has realigned its reportable operating segments to reflect the resulting changes in management reporting and accountability to the Company’s Chief Executive Officer. With this realignment, SunOpta Foods consists of the following four operating segments: Grains and Foods Group, Ingredients Group, Consumer Products Group and International Foods Group. This new structure is more closely aligned with the Company’s integrated business models that specialize in the sourcing, processing and packaging of natural, organic and specialty food products.

As a result of this realignment, the former Fruit Group was eliminated and the new Consumer Products Group was created to focus on non-grains based consumer packaged goods and is comprised of the Frozen Foods and Healthy Snacks operations which were part of the former Fruit Group, and the Food Solutions operations which were formerly part of the International Foods Group. The Fruit Ingredient operation of the former Fruit Group was merged with the existing Ingredients Group. The Grains and Foods Group remained unchanged.

Effective with the realignment, the Company operates in the following business segments:

(a) SunOpta Foods sources, processes, packages and markets a wide range of natural, organic and specialty raw materials, ingredients and packaged food products, with a focus on soy, corn, sunflower, fruit, fiber and other natural and organic food products. There are four operating segments within SunOpta Foods:

i.	Grains and Foods Group is focused on vertically integrated sourcing, processing, packaging and marketing of grains, grain-based ingredients and packaged products;
ii.	Ingredients Group is focused primarily on insoluble oat and soy fiber products, and specialty fruit ingredients, and works closely with its customers to identify product formulation, cost and productivity opportunities aimed at transforming raw materials into value-added food ingredient solutions;
iii.	Consumer Products Group provides natural and organic consumer packaged food products to major global food manufacturers, distributors and supermarket chains with a variety of branded and private label products; and
iv.	International Foods Group includes European and North American based operations that source and supply raw material ingredients and trade organic commodities.

(b)	Opta Minerals processes, distributes and recycles industrial minerals, silica-free abrasives, and specialty sands for use in the steel, foundry, loose abrasive cleaning, and municipal water filtration industries.
(c)	Corporate Services provide a variety of management, financial, information technology, treasury and administration services to the operating segments from the head office in Brampton, Ontario, and information technology and shared services from its office in Edina, Minnesota.

The Company’s assets, operations and employees are principally located in the U.S., Canada, Europe, China and Ethiopia. Revenues are allocated based on the location of the customer.

Other expense (income), interest expense (income), and provision for income taxes are not allocated to operating segments.

SUNOPTA INC. -F43- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

The following segmented information for the years ended December 29, 2012, December 31, 2011 and January 1, 2011 is provided on the basis of the Company’s new operating segments alignment and the divestiture of Purity (see note 3):

	December 29, 2012
	SunOpta	Opta	Corporate
	Foods	Minerals	Services		Consolidated
	$	$	$		$
External revenues by market:
U.S.	775,373	75,799	-		851,172
Canada	30,370	29,243	-		59,613
Europe and other	158,670	21,609	-		180,279
Total revenues from external customers	964,413	126,651	-		1,091,064
Segment operating income (loss)	42,911	10,062	(6,001	)	46,972
Other expense, net					2,194
Interest expense, net					9,333
Provision for income taxes					10,934
Earnings from continuing operations					24,511
Identifiable assets	515,175	141,418	50,717		707,310
Depreciation and amortization	13,677	5,731	818		20,226
Goodwill	42,497	14,917	-		57,414
Expenditures on property, plant and equipment	21,232	2,504	812		24,548

	December 29, 2012
	Grains and		Consumer		International
	Foods	Ingredients	Products		Foods	SunOpta
	Group	Group	Group		Group	Foods
	$	$	$		$	$
External revenues by market:
U.S.	456,804	74,176	178,121		66,272	775,373
Canada	14,695	5,325	1,579		8,771	30,370
Europe and other	53,160	3,043	1,322		101,145	158,670
Total revenues from external customers	524,659	82,544	181,022		176,188	964,413
Segment operating income (loss)	32,796	3,464	(982	)	7,633	42,911
Identifiable assets	253,624	54,198	80,097		127,256	515,175
Depreciation and amortization	7,283	2,613	2,744		1,037	13,677
Goodwill	19,066	12,030	2,934		8,467	42,497
Expenditures on property, plant and equipment	7,755	2,114	4,033		7,330	21,232

SUNOPTA INC. -F44- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

	December 31, 2011
	SunOpta	Opta	Corporate
	Foods	Minerals	Services		Consolidated
	$	$	$		$
External revenues by market:
U.S.	704,179	63,708	-		767,887
Canada	33,494	15,277	-		48,771
Europe and other	189,078	14,135	-		203,213
Total revenues from external customers	926,751	93,120	-		1,019,871
Segment operating income (loss)	34,958	7,577	(8,766	)	33,769
Other income, net					(2,832	)
Interest expense, net					8,839
Provision for income taxes					9,896
Earnings from continuing operations					17,866
Identifiable assets	465,523	92,812	54,506		612,841
Depreciation and amortization	12,827	4,207	775		17,809
Goodwill	42,161	7,226	-		49,387
Expenditures on property, plant and equipment	14,377	4,901	636		19,914

Other expense for the year ended December 31, 2011 includes impairments of long-lived assets in the Consumer Products Group of $358 (see note 14).

	December 31, 2011
	Grains and		Consumer		International
	Foods	Ingredients	Products		Foods	SunOpta
	Group	Group	Group		Group	Foods
	$	$	$		$	$
External revenues by market:
U.S.	396,279	80,861	161,339		65,700	704,179
Canada	14,167	6,957	3,057		9,313	33,494
Europe and other	68,749	3,256	843		116,230	189,078
Total revenues from external customers	479,195	91,074	165,239		191,243	926,751
Segment operating income (loss)	22,813	7,083	(3,978	)	9,040	34,958
Identifiable assets	235,563	61,426	64,818		103,716	465,523
Depreciation and amortization	6,894	2,454	2,478		1,001	12,827
Goodwill	19,066	12,030	2,934		8,131	42,161
Expenditures on property, plant and equipment	9,182	1,985	2,940		270	14,377

SUNOPTA INC. -F45- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

	January 1, 2011
	SunOpta	Opta	Corporate
	Foods	Minerals	Services		Consolidated
	$	$	$		$
External revenues by market:
U.S.	582,945	54,713	-		637,658
Canada	21,557	14,867	-		36,424
Europe and other	146,307	11,288	-		157,595
Total revenues from external customers	750,809	80,868	-		831,677
Segment operating income (loss)	49,549	7,753	(12,118	)	45,184
Other expense, net					10,309
Interest expense, net					9,749
Provision for income taxes					7,123
Earnings from continuing operations					18,003
Identifiable assets	449,884	87,853	48,974		586,711
Depreciation and amortization	11,271	4,099	1,101		16,471
Goodwill	41,842	6,332	-		48,174
Expenditures on property, plant and equipment	15,025	1,580	856		17,461

Other expense for the year ended January 1, 2011 includes impairment of long-lived assets in the Consumer Products Group of $7,549 (see note 14).

	January 1, 2011
	Grains and		Consumer		International
	Foods	Ingredients	Products		Foods	SunOpta
	Group	Group	Group		Group	Foods
	$	$	$		$	$
External revenues by market:
U.S.	302,073	104,745	129,240		46,887	582,945
Canada	6,474	8,492	4,551		2,040	21,557
Europe and other	56,358	3,292	977		85,680	146,307
Total revenues from external customers	364,905	116,529	134,768		134,607	750,809
Segment operating income (loss)	28,003	18,870	(1,302	)	3,978	49,549
Identifiable assets	234,522	59,846	71,307		84,209	449,884
Depreciation and amortization	4,894	2,159	3,291		927	11,271
Goodwill	19,066	12,030	2,346		8,400	41,842
Expenditures on property, plant and equipment	6,038	7,754	939		294	15,025

SUNOPTA INC. -F46- December 29, 2012 10-K

SunOpta Inc.

Notes to Consolidated Financial Statements

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011

(Expressed in thousands of U.S. dollars, except per share amounts)

Geographic Segments

	December 29, 2012
	U.S.	Canada	Europe and Other(1	)	Total
	$	$	$		$
Property, plant and equipment	114,614	13,326	12,639		140,579
Goodwill	41,281	7,666	8,467		57,414
Total assets	285,017	250,501	171,792		707,310

	December 31, 2011
	U.S.	Canada	Europe and Other(1	)	Total
	$	$	$		$
Property, plant and equipment	108,326	8,767	3,491		120,584
Goodwill	41,256	-	8,131		49,387
Total assets	288,767	227,380	115,356		631,503

(1) Other includes operations in China and Ethiopia as part of the International Foods Group.

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011, the Company did not have any customers that exceeded 10% of total revenues.

22. Subsequent event

Bulgarian Processing Operation

On December 31, 2012, the Company acquired a grains handling and processing facility operated as the Organic Land Corporation OOD (“OLC”) and located in Silistra, Bulgaria. The purchase price was €3,200, plus an earn-out based on predetermined earnings targets over a three-year period. The facility is located near a protected and chemical free agricultural area, which produces organic products including sunflower, flax seed, corn, barley, and soybeans. This acquisition diversifies the Company’s organic sunflower processing operations and should allow it to expand its capabilities into other organic products grown in the region. The Bulgarian processing operation is included in the International Foods Group.

This transaction will be accounted for as a business combination under the acquisition method of accounting. The acquired assets of OLC consist primarily of property, plant and equipment. The purchase price will be allocated to the identifiable net assets based on their estimated fair values as of the acquisition date. Due to the limited time since the closing of the transaction, the valuation efforts and related acquisition accounting are incomplete at the time of filing of these consolidated financial statements. As a result, the Company is unable to provide amounts recognized as of the acquisition date for the major classes of assets acquired and liabilities assumed, including any resulting goodwill.

SUNOPTA INC. -F47- December 29, 2012 10-K

Supplemental financial information (unaudited)

Summarized below is the Consolidated Statement of Operations for the quarters ended December 29, 2012, September 29, 2012, June 30, 2012 and March 31, 2012, as well as the fiscal 2011 quarterly comparatives.

	Quarter ended
	December 29, 2012(1)		December 31, 2011(2),(3)
	$		$
Revenues	270,089		242,322
Cost of goods sold	241,107		215,711
Gross profit	28,982		26,611
Selling, general and administrative expenses	20,967		20,679
Intangible asset amortization	1,280		983
Other expense, net	188		55
Foreign exchange (gain) loss	(417	)	62
Earnings from continuing operations before the following	6,964		4,832
Interest expense, net	1,853		2,302
Earnings from continuing operations before income taxes	5,111		2,530
Provision for income taxes	632		1,021
Earnings from continuing operations	4,479		1,509
Discontinued operations
Loss from discontinued operations, net of income taxes(4)	(69	)	(8,948	)
Gain on sale of discontinued operations, net of income taxes(5)	132		-
Earnings (loss) from discontinued operations, net of income taxes	63		(8,948	)
Earnings (loss)	4,542		(7,439	)
Earnings attributable to non-controlling interests	159		113
Earnings (loss) attributable to SunOpta Inc.	4,383		(7,552	)
Earnings (loss) per share - basic
-from continuing operations	0.07		0.02
-from discontinued operations	-		(0.14	)
	0.07		(0.11	)
Earnings (loss) per share - diluted
-from continuing operations	0.06		0.02
-from discontinued operations	-		(0.13	)
	0.07		(0.11	)

(1)	Includes the results of operations of Babco Industrial Corp. (“Babco”), acquired February 2012, and WGI Heavy Metals, Inc. (“WGI”), acquired August 2012.
(2)	Includes the results of operations of Inland RC, LLC from November 2011 date of acquisition, and Lorton’s Fresh Squeezed Juices, Inc. (“Lorton’s”) acquired August 2011.
(3)	Reflects the reclassification of revenues and expenses of Purity Life Natural Health Products (“Purity”) (sold June 2012) to discontinued operations.
(4)	Fourth quarter of 2011 reflects results of operations of Purity, including a pre-tax charge of $7,510 for the impairment of long-lived assets, and results of operations of Colorado Sun Oil Processing LLC (“CSOP”), sold August 2011, including a pre-tax charge of $5,246 in connection with an arbitration ruling.
(5)	Fourth quarter of 2012 reflects results of operations and final recognition of gain on sale of Purity Life Natural Health Products (“Purity”), sold June 2012.

SUNOPTA INC. -F48- December 29, 2012 10-K

	Quarter ended
	September 29, 2012(1)		October 1, 2011(2),(3)
	$		$
Revenues	279,339		257,011
Cost of goods sold	246,158		226,990
Gross profit	33,181		30,021
Selling, general and administrative expenses	19,395		20,591
Intangible asset amortization	1,225		1,045
Other expense, net	264		7
Foreign exchange (gain) loss	(130	)	1,022
Earnings from continuing operations before the following	12,427		7,356
Interest expense, net	2,339		2,033
Earnings from continuing operations before income taxes	10,088		5,323
Provision for income taxes	3,947		1,451
Earnings from continuing operations	6,141		3,872
Discontinued operations
Earnings (loss) from discontinued operations, net of taxes	112		(433	)
Gain on sale of discontinued operations, net of taxes(4)	-		71
Earnings (loss) from discontinued operations, net of taxes	112		(362	)
Earnings	6,253		3,510
Earnings attributable to non-controlling interests	449		144
Earnings attributable to SunOpta Inc.	5,804		3,366
Earnings (loss) per share - basic
-from continuing operations	0.09		0.06
-from discontinued operations	-		(0.01	)
	0.09		0.05
Earnings (loss) per share - diluted
-from continuing operations	0.09		0.06
-from discontinued operations	-		(0.01	)
	0.09		0.05

(1)	Includes the results of operations of Babco, acquired February 2012, and WGI from August 2012 date of acquisition.
(2)	Includes the results of operations of Lorton’s from August 2011 date of acquisition.
(3)	Reflects the reclassification of revenues and expenses of Purity (sold June 2012) to discontinued operations.
(4)	Third quarter of 2011 reflects gain on sale of CSOP in August 2011.

SUNOPTA INC. -F49- December 29, 2012 10-K

	Quarter ended
	June 30, 2012(1)		July 2, 2011(2)
	$		$
Revenues	282,308		275,188
Cost of goods sold	245,220		243,209
Gross profit	37,088		31,979
Selling, general and administrative expenses	22,086		21,163
Intangible asset amortization	1,235		1,017
Other expense (income), net	1,378		(3,256	)
Foreign exchange (gain) loss	(581	)	19
Earnings from continuing operations before the following	12,970		13,036
Interest expense, net	2,558		2,520
Earnings from continuing operations before income taxes	10,412		10,516
Provision for income taxes	2,769		4,170
Earnings from continuing operations	7,643		6,346
Discontinued operations
Earnings (loss) from discontinued operations, net of taxes	214		(1,233	)
Gain on sale of discontinued operations, net of taxes(3)	676		-
Earnings (loss) from discontinued operations, net of taxes	890		(1,233	)
Earnings	8,533		5,113
Earnings attributable to non-controlling interests	388		712
Earnings attributable to SunOpta Inc.	8,145		4,401
Earnings (loss) per share - basic
-from continuing operations	0.11		0.09
-from discontinued operations	0.01		(0.02	)
	0.12		0.07
Earnings (loss) per share - diluted
-from continuing operations	0.11		0.08
-from discontinued operations	0.01		(0.02	)
	0.12		0.07

(1)	Includes the results of operations of Babco, acquired February 2012.
(2)	Reflects the reclassification of revenues and expenses of Purity (sold June 2012) to discontinued operations.
(3)	Second quarter of 2012 reflects recognition of preliminary gain on the sale of Purity in June 2012.

SUNOPTA INC. -F50- December 29, 2012 10-K

	Quarter ended
	March 31, 2012(1),(2)	April 2, 2011(2)
	$	$
Revenues	259,328	245,350
Cost of goods sold	224,842	212,717
Gross profit	34,486	32,633
Selling, general and administrative expenses	20,430	19,743
Intangible asset amortization	1,193	1,016
Other expense, net	364	362
Foreign exchange loss	82	135
Earnings from continuing operations before the following	12,417	11,377
Interest expense, net	2,583	1,984
Earnings from continuing operations before income taxes	9,834	9,393
Provision for income taxes	3,586	3,253
Earnings from continuing operations	6,248	6,140
Earnings (loss) from discontinued operations, net of taxes	191	(392	)
Earnings	6,439	5,748
Earnings attributable to non-controlling interests	547	667
Earnings attributable to SunOpta Inc.	5,892	5,081
Earnings (loss) per share - basic
-from continuing operations	0.09	0.08
-from discontinued operations	-	(0.01	)
	0.09	0.08
Earnings (loss) per share - diluted
-from continuing operations	0.09	0.08
-from discontinued operations	-	(0.01	)
	0.09	0.08

(1)	Includes the results of operations of Babco from February 2012 date of acquisition.
(2)	Reflects the reclassification of revenues and expenses of Purity (sold June 2012) to discontinued operations.

SUNOPTA INC. -F51- December 29, 2012 10-K

EX-10.1

Exhibit 10.1

SUNOPTA INC.

EMPLOYEE STOCK PURCHASE PLAN
Revised March 4, 2013

The Employee Stock Purchase Plan (the “Plan”) was approved by the Board of Directors (the “Board”) of SunOpta Inc. (the “Company”) on May 7, 2003 and by shareholders on June 18, 2003, at which time 1,000,000 common shares, without par value, in the capital of the Company (“Common Stock”) were reserved for the grant of options under the Plan. The addition of 2,000,000 common shares was approved by the Board of Directors on March 5, 2009 revising the plan to 3,000,000 common shares and by shareholders on May 14, 2009. The Plan was subsequently amended on March 4, 2013 in order to better align the Plan with actual or proposed practices and to streamline and simplify the administration of the Plan.

1. Purpose. The purpose of the Plan is to provide Employees of the Company and its Designated Subsidiaries with an opportunity to purchase Common Stock of the Company. It is the intention of the Company to have the Plan qualify as an “Employee Stock Purchase Plan” under Section 423 of the Code. The provisions of the Plan shall, accordingly, be construed so as to extend and limit participation in a manner consistent with the requirements of that section of the Code.

2. Definitions.

(a) “Board” shall mean the Board of Directors of the Company, or a committee of the Board of Directors designated by the Board to administer the Plan.

(b) “Code” shall mean the United States Internal Revenue Code of 1986, as amended.

(c) “Common Stock” shall mean common shares without par value of the Company.

(d) “Company” shall mean SunOpta Inc.

(e) “Compensation” shall mean all base compensation that is taxable income for federal income tax purposes, including payments for overtime, shift premium, commissions and other compensation received from the Company or a Designated Subsidiary, but specifically excluding short term incentive payments or bonuses, relocation expense reimbursements, tuition or other reimbursements and income realized as a result of participation in any stock option, stock purchase or similar plan of the Company or a Designated Subsidiary.

(f) “Continuous Status as an Employee” shall mean the absence of any interruption or termination of service as an Employee. Continuous Status as an Employee shall not be considered interrupted in the case of a leave of absence agreed to in writing by the Company, provided that such leave is for a period of not more than 90 days or reemployment upon the expiration of such leave is guaranteed by contract or statute.

(g) “Contributions” shall mean all amounts credited to the account of a participant pursuant to the Plan.

(h) “Discount Factor” shall mean between 0% to 15% as determined by the Board (as defined in paragraph 18(b)) provided that such change is announced at least 15 days prior to the scheduled beginning of an Offering Period.

(i) “Designated Subsidiaries” shall mean the Subsidiaries which have been designated by the Board from time to time in its sole discretion as eligible to participate in the Plan.

(j) “Employee” shall mean any person who is customarily employed with the Company, or one of its Designated Subsidiaries for six months and work at least 20 hours per week.

(k) “Exercise Date” shall mean the last business day of each Offering Period of the Plan.

(l) “Exercise Price” shall mean with respect to an Offering Period, an amount equal to the average of the closing price of the Common Stock (determined in accordance with paragraph 7(b)) for the period of five consecutive trading days ending on the last trading day of such Offering Period multiplied by 100% minus the Discount Factor.

(m) “National Securities Exchange” shall mean the NASDAQ National Market for all participants, unless changed by the Board.

(n) “Offering Date” shall mean the first business day of each Offering Period of the Plan.

(o) “Offering Period” shall mean a period of either twelve or fourteen weeks commencing on February 23, June 1, August 24 and November 30 of 2013 and thereafter commencing on the dates of the corresponding pay periods in each of the following years, as determined at the discretion of the Company.

(p) “Plan” shall mean this Employee Stock Purchase Plan.

(q) “Subsidiary” shall mean a the Company, domestic or foreign, of which not less than 50% of the voting shares are held by the Company or a Subsidiary, whether or not such the Company now exists or is hereafter organized or acquired by the Company or a Subsidiary.

3. Eligibility.

(a) Any person who has been continuously employed as an Employee for six months as of the Offering Date of a given Offering Period shall be eligible to participate in such Offering Period under the Plan, subject to the requirements of paragraph 5(a) and the limitations imposed by Section 423(b) of the Code.

(b) Any provisions of the Plan to the contrary notwithstanding, no Employee shall be granted an option under the Plan (i) if, immediately after the grant, such Employee (or any other person whose Common Stock would be attributed to such Employee pursuant to Section 424(d) of the Code) would own Common Stock and/or hold outstanding options to purchase Common Stock possessing five percent or more of the total combined voting power or value of all classes of stock of the Company or of any Subsidiary of the Company, or (ii) which permits his or her rights to purchase stock under all employee stock purchase plans (described in Section 423 of the Code) of the Company and its Subsidiaries to accrue at a rate which exceeds USD $25,000 or the Canadian equivalent based on the exchange rate on the previous December 31 (determined at the time such option is granted) for each calendar year in which such option is outstanding at any time. Any option granted under the Plan shall be deemed to be modified to the extent necessary to satisfy this paragraph 3(b).

4. Offering Periods. The Plan shall be implemented by a series of Offering Periods, with a new Offering Period commencing on March 1, June 1, September 1 and December 1 of each year (or at such other time or times as may be determined by the Board of Directors). The Plan shall continue until terminated in accordance with paragraph 19 hereof. The Board of Directors shall have the power to change the duration and/or the frequency of Offering Periods with respect to future offerings without stockholder approval if such change is announced at least 15 days prior to the scheduled beginning of the first Offering Period to be affected.

5. Participation.

(a) An eligible Employee may become a participant in the Plan by completing an Enrollment Form provided by the Company and filing it with the Company or its designee prior to the applicable Offering Date. The enrollment form and its submission may be electronic as directed by the Company. The enrollment form shall set forth the percentage of the participant’s Compensation (which shall be not less than 1% and not more than 10%) to be paid as Contributions pursuant to the Plan.

(b) Payroll deductions shall commence with the first payroll following the Offering Date and shall end on the last payroll paid on or prior to the Exercise Date of the Offering Period to which the Enrollment Form is applicable, unless sooner terminated as provided in paragraph 10.

6. Method of Payment of Contributions.

(a) Each participant shall elect to have payroll deductions made on each payroll during the Offering Period in an amount not less than 1% and not more than 10% of such participant’s Compensation on each such payroll. All payroll deductions made by a participant shall be credited to his or her account under the Plan. A participant may not make any additional payments into such account.

(b) A participant may discontinue his or her participation in the Plan as provided in paragraph 10, or, on one occasion only during the Offering Period, may decrease, but may not increase, the rate of his or her Contributions during the Offering Period by completing and filing with the Company a new Enrollment Form authorizing a change in the deduction rate. The change in rate shall be effective as of the beginning of the next payroll period following the date of filing of the new Enrollment Form, if the Enrollment Form is completed at least ten days prior to such date, and, if not, as of the beginning of the next succeeding payroll period.

(c) Notwithstanding the foregoing, to the extent necessary to comply with Section 423(b)(8) of the Code and paragraph 3(b), a participant’s payroll deductions may be decreased to zero at such time and for so long as the aggregate of all payroll deductions accumulated with respect to the current Offering Period and any other Offering Period ending within the current calendar year equals USD $25,000 or the Canadian equivalent based on the exchange rate on the previous December 31.

7. Grant of Option.

(a) On the Offering Date of each Offering Period, each eligible Employee participating in such Offering Period shall be granted the option to purchase on the Exercise Date of such Offering Period a number of shares of the Common Stock determined by dividing such Employee’s Contributions accumulated prior to such Exercise Date and retained in the participant’s account as of the Exercise Date by the applicable Exercise Price; provided however, that such Exercise Price shall be subject to the limitations set forth in paragraphs 3(b) and 12. The fair market value of a share of the Common Stock shall be determined as provided in paragraph 7(b).

(b) The Exercise Price shall be determined by the Board based on (i) if the Common Stock is listed or quoted for trading on a National Securities Exchange, the closing or last sale price of the Common Stock for such date (or, in the event that the Common Stock is not traded on such date, on the immediately preceding trading date) on the composite tape or other comparable reporting system for such National Securities Exchange; (ii) if the Common Stock is not listed on or quoted for trading on a National Securities Exchange but is listed for trading on the Toronto Stock Exchange, the closing or last sale price of the Common Stock for such date (or, in the event that the Common Stock is not traded on such date, on the immediately preceding trading date) on the composite tape or other comparable reporting system for such exchange or market; or (iii) if the Common Stock is not listed on a National Securities Exchange or the Toronto Stock Exchange but trades in the over-the-counter market, the mean between the bid and asked prices per share of the Common Stock at the close of trading in the over-the-counter market.

8. Exercise of Option. Unless a participant withdraws from the Plan as provided in paragraph 10, his or her option for the purchase of Common Stock will be exercised automatically on the Exercise Date of the Offering Period, and the maximum number of full shares of Common Stock subject to the option will be purchased for him or her at the applicable Exercise Price with the accumulated Contributions in his or her account. If a fractional number of shares results, then such number shall be rounded down to the next whole number and any unapplied cash shall be carried forward to the next Exercise Date, unless the participant requests a cash payment. The Common Stock purchased upon exercise of an option hereunder shall be deemed to be transferred to the participant on the Exercise Date. During a participant’s lifetime, a participant's option to purchase Common Stock hereunder is exercisable only by him or her.

9. Delivery. Upon the written request of a participant, certificates representing the Common Stock purchased upon exercise of an option will be issued as promptly as practicable after the Exercise Date of each Offering Period to participants who wish to hold their shares in certificate form. Any cash remaining in a participant's account under the Plan after a purchase by him or her of Common Stock at the termination of each Offering Period shall be carried forward to the next Exercise Date unless the participant requests a cash payment.

10. Withdrawal from Plan; Termination of Employment.

(a) A participant may withdraw all but not less than all the Contributions credited to his or her account under the Plan at any time prior to the Exercise Date of the Offering Period by giving written notice to the Company or its designee. All of the participant’s Contributions credited to his or her account will be paid to him or her promptly after receipt of his or her notice of withdrawal and his or her option for the current period will be automatically terminated, and no further Contributions for the purchase of Common Stock will be made during the Offering Period. A participant’s withdrawal from an Offering Period will not have any effect upon his or her eligibility to participate in a succeeding Offering Period or in any similar plan which may hereafter be adopted by the Company.

(b) Upon termination of the participant’s Continuous Status as an Employee prior to the Exercise Date of the Offering Period for any reason, including retirement or death, the Contributions credited to his or her account will be returned to him or her or, in the case of his or her death, to the person or persons entitled thereto under paragraph 14, and his or her option will be automatically terminated.

(c) In the event an Employee fails to remain in Continuous Status as an Employee for at least 20 hours per week during the Offering Period in which the Employee is a participant, he or she will be deemed to have elected to withdraw from the Plan and the Contributions credited to his or her account will be returned to him or her and his or her option terminated.

11. Interest. No interest shall accrue on the Contributions of a participant in the Plan.

12. Stock.

(a) The maximum number of shares of Common Stock which shall be made available for sale under the Plan shall be 3,000,000 shares, subject to adjustment upon changes in capitalization of the Company as provided in paragraph 18. If the total amount of Common Stock which would otherwise be subject to options granted pursuant to paragraph 7(a) on the Offering Date of an Offering Period exceeds the amount of Common Stock then available under the Plan (after deduction of all shares for which options have been exercised or are then outstanding), the Company shall make a pro rata allocation of the Common Stock remaining available for option grants in as uniform a manner as shall be practicable and as it shall determine to be equitable. Any amounts remaining in an Employee’s account not applied to the purchase of Common Stock pursuant to this paragraph 12 shall be refunded on or promptly after the Exercise Date. In such event, the Company shall give written notice of such reduction of the amount of Common Stock subject to the option to each Employee affected thereby and shall similarly reduce the rate of Contributions, if necessary.

(b) The participant will have no interest or voting right in Common Stock covered by his or her option until such option has been exercised.

13. Administration. The Board shall supervise and administer the Plan and shall have full power to adopt, amend and rescind any rules deemed desirable and appropriate for the administration of the Plan and not inconsistent with the Plan, to construe and interpret the Plan, and to make all other determinations necessary or advisable for the administration of the Plan.

14. Designation of Beneficiary.

(a) A participant may designate a beneficiary who is to receive any Common Stock and cash, if any, from the participant’s account under the Plan in the event of such participant’s death subsequent to the end of the Offering Period but prior to delivery to him or her of such Common Stock and cash. In addition, a participant may designate a beneficiary who is to receive any cash from the participant’s account under the Plan in the event of such participant’s death prior to the Exercise Date of the Offering Period. If a participant is married and the designated beneficiary is not the spouse, spousal consent shall be required for such designation to be effective. Beneficiary designations shall be made either in writing or by electronic delivery as directed by the Company.

(b) Such designation of beneficiary may be changed by the participant (and his or her spouse, if any) at any time by submission of the required notice, which may be electronic. In the event of the death of a participant and in the absence of a beneficiary validly designated under the Plan who is living at the time of such participant’s death, the Company shall deliver such Common Stock and/or cash to the executor or administrator of the estate of the participant, or if no such executor or administrator has been appointed (to the knowledge of the Company), the Company, in its discretion, may deliver such Common Stock and/or cash to the spouse or to any one or more dependents or relatives of the participant, or if no spouse, dependent or relative is known to the Company, then to such other person as the Company may designate.

15. Transferability. Neither Contributions credited to a participant’s account nor any rights with regard to the exercise of an option or to receive Common Stock under the Plan may be assigned, transferred, pledged or otherwise disposed of in any way (other than by will, the laws of descent and distribution or as provided in paragraph 14) by the participant. Any such attempt at assignment, transfer, pledge or other disposition shall be without effect, except that the Company may treat such act as an election to withdraw funds in accordance with paragraph 10.

16. Reports. Individual accounts will be maintained for each participant in the Plan. Statements of account will be given to participating Employees promptly following the Exercise Date, which statements will set forth the amounts of Contributions, the per share purchase price, the number of shares purchased and the remaining cash balance, if any.

17. Adjustments Upon Changes in Capitalization. Subject to any required action by the stockholders of the Company, the number of shares of Common Stock covered by unexercised options under the Plan and the number of shares of Common Stock which have been authorized for issuance under the Plan but are not yet subject to options (collectively, the “Reserves”), as well as the price per share of Common Stock covered by each unexercised option under the Plan, shall be proportionately adjusted for any increase or decrease in the number of issued shares of Common Stock resulting from a stock split, reverse stock split, stock dividend, combination or reclassification of the Common Stock, or any other increase or decrease in the number of shares of Common Stock effected without receipt of consideration by the Company; provided, however, that conversion of any convertible securities of the Company shall not be deemed to have been “effected without receipt of consideration.” Such adjustment shall be made by the Board, whose determination in that respect shall be final, binding and conclusive. Except as expressly provided herein, no issue by the Company of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number or price of shares of Common Stock subject to an option.

In the event of the proposed dissolution or liquidation of the Company, an Offering Period then in progress will terminate immediately prior to the consummation of such proposed action, unless otherwise provided by the Board. In the event of a proposed sale of all or substantially all of the assets of the Company, or the merger, consolidation or other capital reorganization of the Company with or into another the Company, each option outstanding under the Plan shall be assumed or an equivalent option shall be substituted by such successor company or a parent or subsidiary of such successor company, unless the Board determines, in the exercise of its sole discretion and in lieu of such assumption or substitution, to shorten the Offering Period then in progress by setting a new Exercise Date (the “New Exercise Date”). If the Board shortens the Offering Period then in progress in lieu of assumption or substitution in the event of a merger or sale of assets, the Board shall notify each participant in writing, at least ten days prior to the New Exercise Date, that the Exercise Date for his or her option has been changed to the New Exercise Date and that his or her option will be exercised automatically on the New Exercise Date, unless prior to such date he or she has withdrawn from the Offering Period as provided in paragraph 10. For purposes of this paragraph, an option granted under the Plan shall be deemed to be assumed if, following the sale of assets, merger or other reorganization, the option confers the right to purchase, for each share of Common Stock subject to the option immediately prior to the sale of assets, merger or other reorganization, the consideration (whether stock, cash or other securities or property) received in the sale of assets, merger or other reorganization by holders of Common Stock for each share of Common Stock held on the effective date of such transaction (and if such holders were offered a choice of consideration, the type of consideration chosen by the holders of a majority of the outstanding shares of Common Stock); provided, however, that if such consideration received in such transaction was not solely common stock of the successor the Company or its parent (as defined in Section 424(e) of the Code), the Board may, with the consent of the successor the Company, provide for the consideration to be received upon exercise of the option to be solely common stock of the successor the Company or its parent equal in fair market value to the per share consideration received by holders of Common Stock in the sale of assets, merger or other reorganization.

The Board may, if it so determines in the exercise of its sole discretion, also make provision for adjusting the reserves, as well as the price per share of Common Stock covered by each outstanding option, in the event that the Company effects one or more reorganizations, recapitalizations, rights offerings or other increases or reductions of shares of its outstanding Common Stock, and in the event of the Company being consolidated with or merged into any other the Company.

18. Amendment or Termination.

(a) The Board may at any time terminate or amend the Plan. Except as provided in paragraph 18, no such termination may affect options previously granted, nor may an amendment make any change in any option theretofore granted which adversely affects the rights of any participant provided that an Offering Period may be terminated by the Board on an Exercise Date or by the Board’s setting a new Exercise Date with respect to an Offering Period then in progress if the Board determines that termination of the Offering Period is in the best interests of the Company and the stockholders or if continuation of the Offering Period would cause the Company to incur adverse accounting charges in the generally-accepted accounting rules applicable to the Plan. In addition, to the extent necessary to comply with Section 423 of the Code (or any successor rule or provision or any applicable law or regulation), the Company shall obtain stockholder approval in such a manner and to such a degree as so required.

(b) Without stockholder consent and without regard to whether any participant rights may be considered to have been adversely affected, the Board shall be entitled to change the Offering Periods, change the Discount Factor between 0 and 15%, limit the frequency and/or number of changes in the amount withheld during an Offering Period, establish the exchange ratio applicable to amounts withheld in a currency other than Canadian or United States dollars, permit payroll withholding in excess of the amount designated by a participant in order to adjust for delays or mistakes in the Company’s processing of properly completed withholding elections, establish reasonable waiting and adjustment periods and/or accounting and crediting procedures to ensure that amounts applied toward the purchase of Common Stock for each participant properly correspond with amounts withheld from the participant’s Compensation, and establish such other limitations or procedures as the Board determines in its sole discretion advisable that are consistent with the Plan.

19. Notices. All notices or other communications by a participant to the Company under or in connection with the Plan shall be deemed to have been duly given when received in the form specified by the Company at the location, or by the person, designated by the Company for the receipt thereof.

20. Conditions Upon Issuance of Shares. Shares of Common Stock shall not be issued with respect to an option unless the exercise of such option and the issuance and delivery of such shares of Common Stock pursuant thereto shall comply with all applicable provisions of law, domestic or foreign, including, without limitation, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, the rules and regulations promulgated thereunder, and the requirements of any stock exchange upon which the shares of Common Stock may then be listed, and shall be further subject to the approval of counsel for the Company with respect to such compliance.

As a condition to the exercise of an option, the Company may require the person exercising such option to represent and warrant at the time of any such exercise that the shares of Common Stock are being purchased only for investment and without any present intention to sell or distribute such shares if, in the opinion of counsel for the Company, such a representation is required by any of the aforementioned applicable provisions of law.

21. Right to Terminate Employment. Nothing in the Plan or in any agreement entered into pursuant to the Plan shall confer upon any Employee or other optionee the right to continue in the employment of the Company or any Subsidiary, or affect any right which the Company or any Subsidiary may have to terminate the employment of such Employee or other optionee.

22. Rights as a Stockholder. Neither the granting of an option nor a deduction from payroll shall constitute an Employee the owner of shares covered by an option. No optionee shall have any right as a stockholder unless and until an option has been exercised, and the shares of Common Stock underlying the option have been registered in the Company’s share register.

23. Term of Plan. The Plan became effective upon its adoption by the Board in May 2003 as revised on March 5, 2009 and on March 4, 2013 and shall continue in effect until June 30, 2025 unless sooner terminated under paragraph 19.

24. Applicable Law. This Plan shall be governed in accordance with the laws of the Province of Ontario, applied without giving effect to any conflict-of-law

EX-21

Exhibit 21

LIST OF SUBSIDIARIES

Name of Company	Year of Incorporation, Amalgamation or Acquisition	Jurisdiction of Incorporation	Ownership
Organic Land Corporation OOD	2012	Bulgaria	100%
SunOpta Foods Bulgaria EOOD	2012	Bulgaria	100%
WGI Heavy Metals, Incorporated	2012	British Columbia	66.1%
Crown of Holland B.V.	2012	The Netherlands	100%
Babco Industrial Corp.	2012	Saskatchewan	66.1%
Inland RC, LLC	2011	Ohio	66.1%
SunOpta Foods Inc.	2010	Delaware	100%
SunOpta Grains and Foods Inc.	2010	Minnesota	100%
Mascoma Corporation	2010	Delaware	18.7%
SunOpta Africa (Proprietary) Limited	2009	South Africa	100%
Opta Minerals (Europe) SAS	2009	France	66.1%
Cooperatie SunOpta U.A.	2008	The Netherlands	100%
The Organic Corporation B.V.	2008	The Netherlands	100%
SunOpta Food (Dalian) Co., Ltd.	2008	China	100%
Trabocca B.V.	2008	The Netherlands	65%
Supreme Small Holders Coffee PLC	2008	Ethiopia	52%
SunOpta Foods Europe B.V. (formerly Internamtrade B.V.)	2008	The Netherlands	100%
Tradin Organics USA, Inc.	2008	Delaware	100%
Tradin Organic Agriculture B.V.	2008	The Netherlands	100%
Opta Minerals A.B.	2008	Sweden	66.1%
Opta Minerals A.S.	2008	Slovakia	66.1%
Colorado Sun Oil Processing LLC	2008	Colorado	50%
Servicios SunOpta, S. De R. L.De C.V.	2007	Mexico	100%
SunOpta de Mexico, S. De R. L.De C.V.	2007	Mexico	100%
SunOpta Fruit Group Inc.	2007	California	100%

Name of Company	Year of Incorporation, Amalgamation or Acquisition	Jurisdiction of Incorporation	Ownership
SunOpta Global Organic Ingredients, Inc.	2007	California	100%
Newco a.s.	2007	Slovakia	66.1%
Sellet Hulling Corporation PLC	2007	Ethiopia	35%
MTI 01 – 2006 Inc.	2006	Delaware	66.1%
Magnesium Technologies Corporation	2006	Michigan	66.1%
OPM 01 – 2006 Inc.	2006	Delaware	66.1%
Bimac Inc.	2006	Michigan	66.1%
Opta Minerals Inc.	2004	Federal Canada	66.1%
Opta Minerals (USA) Inc.	2004	Delaware	66.1%
SunOpta Ingredients, Inc.	2002	Delaware	100%
SunOpta Investments Ltd.	2002	Canada	100%
SunOpta LLC	2002	Delaware	100%
International Materials & Supplies, Inc.	2002	Virginia	66.1%
Virginia Materials Inc.	2001	Delaware	66.1%
Temisca Inc.	2000	Quebec	66.1%
SunOpta Aseptic, Inc.	2000	Minnesota	100%

EX-23.1

Exhibit 23.1

CONSENT OF INDEPENDENT REGISTERED CHARTERED ACCOUNTANTS

We consent to the incorporation by reference in Registration Statement Nos. 333-161662, 333-144827, 333-124911, and 333-176675 on Form S-8 and Registration Statement No. 333-180647 on Form S-3 of our reports dated March 6, 2013, relating to the consolidated financial statements of SunOpta Inc., and the effectiveness of SunOpta Inc.’s internal control over financial reporting, appearing in this Annual Report on Form 10-K of SunOpta Inc. for the year ended December 29, 2012.

/s/ Deloitte LLP

Independent Registered Chartered Accountants
Licensed Public Accountants
Toronto, Canada
March 6, 2013

EX-31.1

Exhibit 31.1

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER
PURSUANT TO RULE 13a-14(a) AS ADOPTED PURSUANT TO
SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Steven Bromley, Chief Executive Officer of SunOpta Inc., certify that:

(1)	I have reviewed this Annual Report on Form 10-K of SunOpta Inc.
(2)	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
(3)	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
(4)	The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a -15(f) and 15d -15(f)) for the registrant and have:

a.	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b.	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c.	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d.	Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

(5) The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a.	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
b.	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

/s/ Steven Bromley

Steven Bromley
Chief Executive Officer
SunOpta Inc.
Date: March 6, 2013

EX-31.2

Exhibit 31.2

CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER
PURSUANT TO RULE 13a-14(a) AS ADOPTED PURSUANT TO
SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Robert McKeracher, Vice President and Chief Financial Officer of SunOpta Inc., certify that:

(1)	I have reviewed this Annual Report on Form 10-K of SunOpta Inc.
(2)	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
(3)	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
(4)	The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a -15(f) and 15d -15(f)) for the registrant and have:

a.	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b.	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c.	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d.	Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

(5) The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a.	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
b.	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

/s/ Robert McKeracher

Robert McKeracher
Vice President and Chief Financial Officer
SunOpta Inc.
Date: March 6, 2013

EX-32

Exhibit 32

CERTIFICATION
PURSUANT TO 18 U.S.C. SECTION 1350
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the annual report of SunOpta Inc. (the “Company”) on Form 10-K for the year ended December 29, 2012, as filed with the Securities and Exchange Commission (the “Report”), I, Steven Bromley, Chief Executive Officer of the Company, and I, Robert McKeracher, Vice President and Chief Financial Officer of the Company, certify pursuant to 18 U.S.C. Section 1350, that to our knowledge:

1.	The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
2.	The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

A signed original of this written statement, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement, has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.

Date: March 6, 2013

/s/ Steven Bromley
Steven Bromley
Chief Executive Officer
SunOpta Inc.

/s/ Robert McKeracher
Robert McKeracher
Vice President and Chief Financial Officer
SunOpta Inc.

The foregoing certification is being furnished solely pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and should not be deemed to be filed under the Exchange Act by the Company or the certifying officers.

XML

Long-term debt (Tables)

12 Months Ended

Dec. 29, 2012

Debt Disclosure [Abstract]

Schedule Of Line Of Credit Facilities And Long Term Debt [Table Text Block]

		December 29, 2012	December 31, 2011
		$	$
Bank indebtedness:
	Canadian line of credit facility(1)	-	26
	U.S. line of credit facility(1)	75,700	51,617
	European credit facilities(2)	44,611	-
	TOC line of credit facilities(2)	-	50,310
	Opta Minerals revolving term credit facility(3)	10,750	-
	Opta Minerals Canadian line of credit facility(3)	-	7,765
		131,061	109,718
Long-term debt:
	Non-revolving real estate term facility(1)	-	12,133
	Non-revolving machinery and equipment term facility(1)	-	11,078
	Opta Minerals non-revolving term credit facility(3)	50,315	-
	Opta Minerals term loan facility(3)	-	6,392
	Opta Minerals revolving acquisition facility(3)	-	12,420
	Lease obligations(4)	7,219	786
	Promissory notes(5)	-	8,744
	Other	664	711
		58,198	52,264
	Less: current portion	6,925	35,198
		51,273	17,066

Schedule of Maturities of Long-term Debt [Table Text Block]

	$
2013	6,925
2014	6,557
2015	6,241
2016	6,251
2017	6,283
Thereafter	25,941
	58,198

Schedule Of Interest Expense And Interest Income [Table Text Block]

	December 29, 2012	December 31, 2011	January 1, 2011
	$	$	$
Interest expense	9,602	9,086	9,950
Interest income	(269)	(247)	(201)
Interest expense, net	9,333	8,839	9,749

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Business acquisition (Net Assets Acquired & Considerations) (Details) (USD $) In Thousands, unless otherwise specified	10 Months Ended			7 Months Ended	12 Months Ended	10 Months Ended
	Nov. 10, 2011 Inland [Member]	Nov. 10, 2011 Inland [Member] Scenario Previously Reported [Member]	Nov. 10, 2011 Inland [Member] Scenario Adjustment [Member]	Aug. 05, 2011 Lortons [Member]	Dec. 14, 2010 Edner Of Nevada [Member]	Nov. 08, 2010 Dahlgren [Member]	Nov. 08, 2012 Dahlgren [Member]
Business Acquisition [Line Items]
Business Acquisition, Effective Date of Acquisition	Nov. 10, 2011			Aug. 05, 2011	Dec. 14, 2010	Nov. 08, 2010
Business Acquisition, Percentage of Voting Interests Acquired							100.00%
Business Acquisition, Purchase Price Allocation, Assets Acquired (Liabilities Assumed), Net [Abstract]
Cash and cash equivalents						$ 4,239
Current Assets		470	470	1,672	2,376	23,231
Property, plant and equipment		508	508	1,221	1,418	12,402
Goodwill		661	410	572	2,346	15,940
Intangible Assets		249	249	469	1,823	11,013
Other long-term assets						624
Current Liabilities		(560)	(635)	(923)	647	12,288
Deferred income tax		(130)	0	0		7,670
Net Assets Acquired Total		1,198	1,002	(3,011)	7,316	47,491
Cash consideration		658	658	2,500	4,000	46,303
Contingent Consideration		540	344	511	3,316	1,188
Purchase Price		$ (1,198)	$ (1,002)	$ (3,011)	$ 7,316	$ (47,491)
Finite Lived Intangible Asset Useful Life	15 years			7 years	7 years	12 years

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Segmented information (Tables)

12 Months Ended

Dec. 29, 2012

Dec. 31, 2011

Jan. 01, 2011

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

		December 29, 2012
		SunOpta	Opta	Corporate
		Foods	Minerals	Services	Consolidated
		$	$	$	$
External revenues by market:
	U.S.	775,373	75,799	-	851,172
	Canada	30,370	29,243	-	59,613
	Europe and other	158,670	21,609	-	180,279
Total revenues from external customers		964,413	126,651	-	1,091,064
Segment operating income (loss)		42,911	10,062	(6,001)	46,972
Other expense, net					2,194
Interest expense, net					9,333
Provision for income taxes					10,934
Earnings from continuing operations					24,511
Identifiable assets		515,175	141,418	50,717	707,310
Depreciation and amortization		13,677	5,731	818	20,226
Goodwill		42,497	14,917	-	57,414
Expenditures on property, plant and equipment		21,232	2,504	812	24,548

		December 29, 2012
		Grains and		Consumer	International
		Foods	Ingredients	Products	Foods	SunOpta
		Group	Group	Group	Group	Foods
		$	$	$	$	$
External revenues by market:
	U.S.	456,804	74,176	178,121	66,272	775,373
	Canada	14,695	5,325	1,579	8,771	30,370
	Europe and other	53,160	3,043	1,322	101,145	158,670
Total revenues from external customers		524,659	82,544	181,022	176,188	964,413
Segment operating income (loss)		32,796	3,464	(982)	7,633	42,911
Identifiable assets		253,624	54,198	80,097	127,256	515,175
Depreciation and amortization		7,283	2,613	2,744	1,037	13,677
Goodwill		19,066	12,030	2,934	8,467	42,497
Expenditures on property, plant and
	equipment	7,755	2,114	4,033	7,330	21,232

		December 31, 2011
		SunOpta	Opta	Corporate
		Foods	Minerals	Services	Consolidated
		$	$	$	$
External revenues by market:
	U.S.	704,179	63,708	-	767,887
	Canada	33,494	15,277	-	48,771
	Europe and other	189,078	14,135	-	203,213
Total revenues from external customers		926,751	93,120	-	1,019,871
Segment operating income (loss)		34,958	7,577	(8,766)	33,769
Other income, net					(2,832)
Interest expense, net					8,839
Provision for income taxes					9,896
Earnings from continuing operations					17,866
Identifiable assets		465,523	92,812	54,506	612,841
Depreciation and amortization		12,827	4,207	775	17,809
Goodwill		42,161	7,226	-	49,387
Expenditures on property, plant and equipment		14,377	4,901	636	19,914

		December 31, 2011
		Grains and		Consumer	International
		Foods	Ingredients	Products	Foods	SunOpta
		Group	Group	Group	Group	Foods
		$	$	$	$	$
External revenues by market:
	U.S.	396,279	80,861	161,339	65,700	704,179
	Canada	14,167	6,957	3,057	9,313	33,494
	Europe and other	68,749	3,256	843	116,230	189,078
Total revenues from external customers		479,195	91,074	165,239	191,243	926,751
Segment operating income (loss)		22,813	7,083	(3,978)	9,040	34,958
Identifiable assets		235,563	61,426	64,818	103,716	465,523
Depreciation and amortization		6,894	2,454	2,478	1,001	12,827
Goodwill		19,066	12,030	2,934	8,131	42,161
Expenditures on property, plant and
	equipment	9,182	1,985	2,940	270	14,377

		January 1, 2011
		SunOpta	Opta	Corporate
		Foods	Minerals	Services	Consolidated
		$	$	$	$
External revenues by market:
	U.S.	582,945	54,713	-	637,658
	Canada	21,557	14,867	-	36,424
	Europe and other	146,307	11,288	-	157,595
Total revenues from external customers		750,809	80,868	-	831,677
Segment operating income (loss)		49,549	7,753	(12,118)	45,184
Other expense, net					10,309
Interest expense, net					9,749
Provision for income taxes					7,123
Earnings from continuing operations					18,003
Identifiable assets		449,884	87,853	48,974	586,711
Depreciation and amortization		11,271	4,099	1,101	16,471
Goodwill		41,842	6,332	-	48,174
Expenditures on property, plant and equipment		15,025	1,580	856	17,461

		January 1, 2011
		Grains and		Consumer	International
		Foods	Ingredients	Products	Foods	SunOpta
		Group	Group	Group	Group	Foods
		$	$	$	$	$
External revenues by market:
	U.S.	302,073	104,745	129,240	46,887	582,945
	Canada	6,474	8,492	4,551	2,040	21,557
	Europe and other	56,358	3,292	977	85,680	146,307
Total revenues from external customers		364,905	116,529	134,768	134,607	750,809
Segment operating income (loss)		28,003	18,870	(1,302)	3,978	49,549
Identifiable assets		234,522	59,846	71,307	84,209	449,884
Depreciation and amortization		4,894	2,159	3,291	927	11,271
Goodwill		19,066	12,030	2,346	8,400	41,842
Expenditures on property, plant and
	equipment	6,038	7,754	939	294	15,025

Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country [Table Text Block]

				December 29, 2012
	U.S.	Canada	Europe and Other(1)	Total
	$	$	$	$
Property, plant and equipment	114,614	13,326	12,639	140,579
Goodwill	41,281	7,666	8,467	57,414
Total assets	285,017	250,501	171,792	707,310
				December 31, 2011
	U.S.	Canada	Europe and Other(1)	Total
	$	$	$	$
Property, plant and equipment	108,326	8,767	3,491	120,584
Goodwill	41,256	-	8,131	49,387
Total assets	288,767	227,380	115,356	631,503

(1)Other includes operations in China and Ethiopia as part of the International Foods Group.

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Accounts payable and accrued liabilities (Details) (USD $) In Thousands, unless otherwise specified	Dec. 29, 2012	Dec. 31, 2011
Payables and Accruals [Abstract]
Accounts Payable, Current	$ 86,297	$ 78,151
Employee-related Liabilities, Current	10,389	9,362
Accrued Grain Liabilities Current	20,931	14,616
Other Accrued Liabilities, Current	10,927	12,179
Accounts Payable and Accrued Liabilities, Current, Total	$ 128,544	$ 114,308

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Business acquisition (Unaudited Pro Forma Consolidated Results of Operations) (Details) (WGI, Babco, Inland and Lorton's Aquisitons [Member], USD $) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011
WGI, Babco, Inland and Lorton's Aquisitons [Member]
Business Acquisition [Line Items]
Business Acquisition, Pro Forma Revenue	$ 1,113,598	$ 1,078,574
Business Acquisition, Pro Forma Net Income (Loss)	$ 22,667	$ 5,584
Business Acquisition, Pro Forma Earnings Per Share, Basic	$ 0.34	$ 0.09
Business Acquisition, Pro Forma Earnings Per Share, Diluted	$ 0.34	$ 0.08

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Bank indebtedness and Long-Term Debt (Term loan payables and capital lease obligation) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 29, 2012
Debt Disclosure [Abstract]
Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months	$ 6,925
Long-term Debt, Maturities, Repayments of Principal in Year Two	6,557
Long-term Debt, Maturities, Repayments of Principal in Year Three	6,241
Long-term Debt, Maturities, Repayments of Principal in Year Four	6,251
Long-term Debt, Maturities, Repayments of Principal in Year Five	6,283
Long-term Debt, Maturities, Repayments of Principal after Year Five	25,941
Long-term Debt, Maturities, Repayments of Principal, Remainder of Fiscal Year	$ 58,198

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Segment reporting (Narrative) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Dec. 31, 2011 Consumer Products [Member]	Jan. 01, 2011 Consumer Products [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Impairment of Intangible Assets, Finite-lived	$ 0	$ (270)	$ 358	$ 7,549
SegmentReportingDisclosureOfMajorCustomers	0

XML

Variable interest entities (Tables)

12 Months Ended

Dec. 29, 2012

Business Combinations [Abstract]

Schedule of Variable Interest Entities [Table Text Block]

	December 29, 2012	December 31, 2011
	$	$
Current assets	1,330	718
Property, plant and equipment	1,320	1,361
Current liabilities	(482)	(414)
Long-term debt	(664)	(711)
Long-term liabilities	(271)	(330)
Non-controlling interest	429	36
Net investment by the Company	1,662	660

XML

Derivative financial instruments and fair value measurements (Tables)

12 Months Ended

Dec. 29, 2012

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

			December 29, 2012
			Fair value
			asset (liability)	Level 1	Level 2	Level 3
			$	$	$	$
(a)	Commodity futures and forward contracts(1)
		Unrealized short-term derivative asset	3,184	690	2,494	-
		Unrealized long-term derivative asset	93	-	93	-
		Unrealized short-term derivative liability	(1,623)	-	(1,623)	-
		Unrealized long-term derivative liability	(43)	-	(43)	-
(b)	Inventories carried at market(2)		15,426	-	15,426	-
(c)	Interest rate swap(3)		(396)	-	(396)	-
(d)	Forward foreign currency contracts(4)		(327)	-	(327)	-
(e)	Contingent consideration(5)		(4,398)	-	-	(4,398)
			December 31, 2011
			Fair value
			asset (liability)	Level 1	Level 2	Level 3
			$	$	$	$
(a)	Commodity futures and forward contracts(1)
		Unrealized short-term derivative asset	2,125	34	2,091	-
		Unrealized long-term derivative asset	271	-	271	-
		Unrealized short-term derivative liability	(1,410)	-	(1,410)	-
		Unrealized long-term derivative liability	(70)	-	(70)	-
(b)	Inventories carried at market(2)		12,685	-	12,685	-
(c)	Interest rate swap(3)		(256)	-	(256)	-
(d)	Forward foreign currency contracts(4)		(149)	-	(149)	-
(e)	Contingent consideration(5)		(4,456)	-	-	(4,456)

Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]

	Number of bushels
	purchase (sale)
	Corn	Soybeans
Forward commodity purchase contracts	886	448
Forward commodity sale contracts	(709)	(675)
Commodity futures contracts	(481)	(256)

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Bank indebtedness and Long-Term Debt (Interest expense and interest income) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011
Debt Disclosure [Abstract]
Interest Expense Gross	$ 9,602	$ 9,086	$ 9,950
Interest Income	269	247	201
Interest Expense, Net	$ 9,333	$ 8,839	$ 9,749

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Goodwill and intangible assets (Goodwill Asssumptions used in estimating fair value) (Details) (Purity Life Natural Health Products [Member])	12 Months Ended
	Jan. 01, 2011
Purity Life Natural Health Products [Member]
Goodwill [Line Items]
Estimated cumulative average operating income growth	47.40%
Projected long-term annual operating income growth	2.50%
Weighted-average discount rate, actual	15.00%
Weighted-average discount rate, targeted	11.00%

XML

Income taxes (Components of provision) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011
Current Income Tax Expense (Benefit)	$ 6,414	$ 5,790	$ 3,650
Deferred Income Tax Expense Benefit	4,520	4,106	3,473
Income Tax Expense (Benefit), Continuing Operations, Total	10,934	9,896	7,123
US
Current Income Tax Expense (Benefit)	3,123	3,534	1
Deferred Income Tax Expense Benefit	3,648	3,121	7,802
CA
Current Income Tax Expense (Benefit)	250	(468)	2,546
Deferred Income Tax Expense Benefit	889	613	(3,070)
Europe And Other [Member]
Current Income Tax Expense (Benefit)	3,041	2,724	1,103
Deferred Income Tax Expense Benefit	$ (17)	$ 372	$ (1,259)

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Divestiture (Purity Gain on Sale) (Details) In Thousands, unless otherwise specified	12 Months Ended			5 Months Ended			7 Months Ended
	Dec. 29, 2012 USD ($)	Dec. 31, 2011 USD ($)	Jan. 01, 2011 USD ($)	Jun. 05, 2012 Purity Life Natural Health Products [Member] USD ($)	Jun. 05, 2012 Purity Life Natural Health Products [Member] CAD	Jun. 05, 2012 Purity Life Natural Health Products [Member] USD USD ($)	Aug. 12, 2011 Colorado Sun Oil Processing [Member]	Aug. 12, 2011 Colorado Sun Oil Processing [Member] USD USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash consideration				$ 13,443	14,000	$ 13,443
Transaction and related costs				1,254
Net proceeds				12,189
Net assets sold				12,939
Accumulated currency translation adjustment related to net assets sold				(1,359)
Pre-tax gain on sale				609
Provision for (recovery of) income taxes				199
Loss from discontinued operations, net of taxes	808	71	62,950	808				71
Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax And Accumulated Currency Translation Adjustment				$ 750
Significant Acquisitions and Disposals, Date of Transaction for Acquisition or Disposal				Jun. 05, 2012			Aug. 12, 2011

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Bank indebtedness and Long-Term Debt (Narrative) (Details) In Thousands, unless otherwise specified			5 Months Ended	7 Months Ended				7 Months Ended					9 Months Ended	57 Months Ended	3 Months Ended	9 Months Ended				9 Months Ended				7 Months Ended				7 Months Ended					7 Months Ended					65 Months Ended		7 Months Ended
	Dec. 29, 2012 USD ($)	Dec. 31, 2011 USD ($)	May 18, 2012 Opta Minerals Inc [Member]	Jul. 24, 2012 Opta Minerals Inc [Member]	Aug. 14, 2012 Opta Minerals Inc [Member]	Jan. 01, 2013 Opta Minerals Inc [Member]	Dec. 29, 2012 Opta Minerals Inc [Member]	Jul. 24, 2012 Opta Minerals Inc [Member] Cad Line Of Credit [Member]	Dec. 29, 2012 Opta Minerals Inc [Member] Cad Line Of Credit [Member] USD ($)	Dec. 31, 2011 Opta Minerals Inc [Member] Cad Line Of Credit [Member] USD ($)	Jul. 24, 2012 Opta Minerals Inc [Member] Maximum [Member]	Jul. 24, 2012 Opta Minerals Inc [Member] Minimum [Member]	Sep. 25, 2012 Organic Corporation [Member] EUR (€)	Dec. 29, 2012 Organic Corporation [Member]	Mar. 26, 2012 Organic Corporation [Member] Cocoa Equipment [Member] EUR (€)	Sep. 25, 2012 Organic Corporation [Member] European Revolving Credit Facility [Member]	Dec. 29, 2012 Organic Corporation [Member] European Revolving Credit Facility [Member] USD ($)	Dec. 31, 2011 Organic Corporation [Member] European Revolving Credit Facility [Member] USD ($)	Dec. 29, 2012 Organic Corporation [Member] EUR Cocoa Equipment [Member] EUR (€)	Sep. 25, 2012 Organic Corporation [Member] EUR European Revolving Credit Facility [Member] EUR (€)	Sep. 25, 2012 Organic Corporation [Member] EUR Pre Settlement Facility [Member] EUR (€)	Sep. 25, 2012 Organic Corporation [Member] Maximum [Member] European Revolving Credit Facility [Member]	Sep. 25, 2012 Organic Corporation [Member] Minimum [Member] European Revolving Credit Facility [Member]	Jul. 27, 2012 Syndicate Lending Group [Member]	Jul. 27, 2012 Syndicate Lending Group [Member] Cad Line Of Credit [Member]	Dec. 29, 2012 Syndicate Lending Group [Member] Cad Line Of Credit [Member] USD ($)	Dec. 31, 2011 Syndicate Lending Group [Member] Cad Line Of Credit [Member] USD ($)	Jul. 27, 2012 Syndicate Lending Group [Member] U S Line Of Credit [Member]	Dec. 29, 2012 Syndicate Lending Group [Member] U S Line Of Credit [Member] USD ($)	Dec. 31, 2011 Syndicate Lending Group [Member] U S Line Of Credit [Member] USD ($)	Oct. 30, 2012 Syndicate Lending Group [Member] USD U S Line Of Credit [Member] USD ($)	Jul. 27, 2012 Syndicate Lending Group [Member] USD U S Line Of Credit [Member] USD ($)	Jul. 27, 2012 Syndicate Lending Group [Member] USD Accordion Option [Member] U S Line Of Credit [Member] USD ($)	Oct. 30, 2012 Syndicate Lending Group [Member] CAD Cad Line Of Credit [Member]	Jul. 27, 2012 Syndicate Lending Group [Member] CAD Cad Line Of Credit [Member]	Jul. 27, 2012 Syndicate Lending Group [Member] Maximum [Member] U S Line Of Credit [Member]	Jul. 27, 2012 Syndicate Lending Group [Member] Minimum [Member] U S Line Of Credit [Member]	May 18, 2017 Non Revolving Term Credit Facility [Member] Opta Minerals Inc [Member]	Jul. 24, 2012 Non Revolving Term Credit Facility [Member] Opta Minerals Inc [Member] CAD	Jul. 24, 2012 Non Revolving Term Credit Facility [Member] Opta Minerals Inc [Member] CAD First Tranche [Member]	Jul. 24, 2012 Non Revolving Term Credit Facility [Member] Opta Minerals Inc [Member] CAD Second Tranche [Member]	Oct. 30, 2012 Non Revolving Term Credit Facility [Member] Syndicate Lending Group [Member] USD USD ($)	Jan. 01, 2013 Revolving Acquisition Facility [Member] Opta Minerals Inc [Member] CAD	Jul. 24, 2012 Revolving Acquisition Facility [Member] Opta Minerals Inc [Member] CAD
Debt Instrument [Line Items]
Line of Credit Facility, Initiation Date			May 18, 2012												Mar. 26, 2012	Sep. 25, 2012									Jul. 27, 2012			Jul. 27, 2012
Line of Credit Facility, Maximum Borrowing Capacity															€ 4,990					€ 45,000	€ 3,000										$ 115,000	$ 165,000		10,000	10,000				52,500			$ 21,000	15,000	20,000
Line Of Credit Facility Increase Decrease In Maximum Borrowing Capacity																																	50,000
Line of Credit Facility, Decrease, Repayments													5,000							35,000
Debt Instrument Variable Rate Portion	0.11%
Line Of Credit Facility Original Expiration Date																												Oct. 30, 2012
Line of Credit Facility, Expiration Date					Aug. 14, 2013																				Jul. 27, 2016			Jul. 27, 2016										May 18, 2017
Line Of Credit Facility Collateral								The credit facilities are collateralized by a first priority security interest on substantially all of the assets of Opta Minerals.																These facilities are collateralized by substantially all of the assets of the Company and its subsidiaries, excluding Opta Minerals and The Organic Corporation (“TOC”).
Line of Credit Facility, Amount Outstanding	131,061	109,718							0	7,765							44,611	50,310	3,493							0	26		75,700	51,617
Debt Instrument, Issuance Date														Apr. 01, 2008
Debt Instrument, Face Amount																																								37,500	15,000
Debt Instrument, Frequency of Periodic Payment																																								quarterly	quarterly
Debt Instrument, Periodic Payment, Principal																																								938	375
Debt Instrument, Basis Spread on Variable Rate											2.00%	3.50%										1.85%	1.75%													2.50%	1.75%
Debt Instrument, Description of Variable Rate Basis				LIBOR																				LIBOR
Debt, Weighted Average Interest Rate							5.50%							5.40%	3.80%														2.46%
Credit Facility Reduction Date						2013-01-01
Line Of Credit Facility Amendment Date				2012-07-24

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Other expense, net (Narrative) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011	Dec. 31, 2009
Other Income And Other Expense [Line Items]
Asset Impairment Charges	$ 0	$ 358	$ 7,549
Severance Costs	1,705	505	1,169
Proceeds from Sale of Other Property, Plant, and Equipment		5,650
Gain (Loss) on Sale of Property Plant Equipment	(376)	(2,872)	0
Legal Settlements	0	512	0	(1,200)
ImpairmentOfIntangibleAssetsExcludingGoodwill			454
WGI [Member]
Other Income And Other Expense [Line Items]
Severance Costs	410
Frozen Foods [Member]
Other Income And Other Expense [Line Items]
TangibleAssetImpairmentCharges		88	4,224
ImpairmentOfIntangibleAssetsExcludingGoodwill		270
Brokerage Operations In Chicago [Member]
Other Income And Other Expense [Line Items]
ImpairmentOfIntangibleAssetsExcludingGoodwill			2,355
Rationalization [Member]
Other Income And Other Expense [Line Items]
Severance Costs	500
Restructuring and Related Cost, Description	6%
Executive Officer [Member]
Other Income And Other Expense [Line Items]
Severance Costs	795
Severance Costs Payout Period	15
EquipmentMember | Healthy Snacks [Member]
Other Income And Other Expense [Line Items]
TangibleAssetImpairmentCharges			$ 516

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Capital stock (Narrative) (Details) (USD $) In Thousands, except Share data, unless otherwise specified	4 Months Ended	6 Months Ended	12 Months Ended
	May 02, 2010	Jun. 11, 2010	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Share Based Compensation Arrangement By Share Based Payment Award Expiration Period			10 years	6 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value			$ 3.41	$ 4.36	$ 2.79
Share-based Compensation Arrangement by Share-based Payment Award, Method of Measuring Cost of Award			Black-Scholes Black-Scholes
Share Based Compensation Estimated Percentage Of Options To Be Vested			85.00%
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding, Weighted Average Remaining Contractual Terms			2 years 3 months 18 days
Exercise of options			$ 241	$ 529	$ 1,123
Proceeds from issuance of common shares			787	1,155	1,883
Class of Warrant or Right, Date from which Warrants or Rights Exercisable	Feb. 05, 2010	Jun. 11, 2010
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights	250,000	600,000
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights	3.25	5.11
Warrants and Rights Outstanding			2,163
Warrants And Rights Exercised			0
Minimum [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1			1 year	1 year
Maximum [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1			5 years	5 years
Employee Director Option Plan [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance			7,500,000
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Outstanding Options			1,704,541	2,838,241
Allocated Share-based Compensation Expense			2,753	2,090	2,136
Tax Benefit from Stock Options Exercised			12	86	42
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Share-based Awards Other than Options			6,827
Employee Share Purchase Plan Compensation Grants [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Outstanding Options			1,443,986	1,555,064
Stock Issued During Period, Shares, Employee Stock Ownership Plan			111,078	119,028	198,903
Proceeds from issuance of common shares			546	626	760
Opta Minerals Inc [Member] | Employee Director Option Plan [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Allocated Share-based Compensation Expense			$ 501	$ 354	$ 777

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Income taxes (Tax reconciliation) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011
Income Tax Disclosure [Abstract]
Income Tax Reconciliation, Income Tax Expense (Benefit), at Federal Statutory Income Tax Rate	$ 9,392	$ 7,773	$ 7,925
Income Tax Reconciliation, Impact of Foreign Exchange	18	194	(138)
Income Tax Reconciliation, Change in Deferred Tax Assets Valuation Allowance	(1,354)	(1,054)	(3,708)
Income Tax Reconciliation, Foreign Income Tax Rate Differential	2,820	824	849
Income Tax Reconciliation, Change in Enacted Tax Rate	(406)	1,036	(298)
Income Tax Reconciliation Benefit Of Cross Jurisdictional Financing Structures	(210)	(1,231)	(1,483)
Income Tax Reconciliation, Disposition of Assets	0	0	2,227
Income Tax Reconciliation, Nondeductible Expense, Impairment Losses	0	109	(8)
Unrecognized Tax Benefits, Period Increase (Decrease)	180	0	(549)
Income Tax Reconciliation, Tax Credits, Research	0	606	264
Income Tax Reconciliation Expiring Non Capital Losses And Research And Development Credits	0	2,002	0
Income Tax Reconciliation, Other Reconciling Items	494	(363)	2,042
Income Tax Expense (Benefit), Continuing Operations, Total	$ 10,934	$ 9,896	$ 7,123

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Bank indebtedness and Long-Term Debt (Lease obligations) (Details) In Thousands, unless otherwise specified			57 Months Ended	9 Months Ended	12 Months Ended	7 Months Ended		9 Months Ended		9 Months Ended
	Dec. 29, 2012 USD ($)	Dec. 31, 2011 USD ($)	Dec. 29, 2012 Organic Corporation [Member]	Oct. 01, 2012 Organic Corporation [Member] Capital Lease Obligations [Member]	Dec. 29, 2012 Organic Corporation [Member] Capital Lease Obligations [Member]	Aug. 14, 2012 Opta Minerals Inc [Member]	Dec. 29, 2012 Opta Minerals Inc [Member]	Oct. 01, 2012 Opta Minerals Inc [Member] Capital Lease Obligations [Member]	Oct. 01, 2012 USD Organic Corporation [Member] Capital Lease Obligations [Member] USD ($)	Oct. 01, 2012 EUR Organic Corporation [Member] Capital Lease Obligations [Member] EUR (€)
Debt Instrument [Line Items]
Capital Lease Obligations	$ 7,219	$ 786							$ 6,595	€ 4,990
Debt Instrument Variable Rate Portion	0.11%
Line of Credit Facility, Expiration Date						Aug. 14, 2013
Debt Instrument, Issuance Date			Apr. 01, 2008	Oct. 01, 2012
Debt Instrument, Interest Rate, Effective Percentage				5.90%
Debt, Weighted Average Interest Rate			5.40%				5.50%	5.10%
Debt Instrument, Maturity Date					Oct. 01, 2019
Debt Instrument, Payment Terms								3.5 years
Debt Instrument, Frequency of Periodic Payment				monthly
Debt Instrument, Periodic Payment										€ 73

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Goodwill and intangible assets (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill	$ 49,387	$ 48,174
Goodwill, Acquired During Period	7,892	1,233
Goodwill Additions	250	249
Goodwill impairment		0	1,654
Reduction during the year	(251)
Goodwill, Translation Adjustments	136	(269)
Goodwill	57,414	49,387	48,174
Finite Lived Intangible Assets Accumulated Amortization	24,300	19,198
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months	4,980
Finite-Lived Intangible Assets, Amortization Expense, Year Two	4,851
Finite-Lived Intangible Assets, Amortization Expense, Year Three	4,630
Finite-Lived Intangible Assets, Amortization Expense, Year Four	4,354
Finite-Lived Intangible Assets, Amortization Expense, Year Five	4,354
Finite-Lived Intangible Assets, Amortization Expense, after Year Five	29,716
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year	52,885
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Net	48,035	52,411
Acquisitions	9,347	718
Additions	128	81
Impairments	0	(270)
Amortization	4,933	4,061	3,476
Impact of foreign exchange	308	(449)
Finite-Lived Intangible Assets, Net	52,885	48,035	52,411
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Net	45,369	48,763
Acquisitions	9,347	718
Additions	0	0
Impairments	0	0
Amortization	(4,163)	(3,674)
Impact of foreign exchange	295	(438)
Finite-Lived Intangible Assets, Net	50,848	45,369
Patents And Trademark [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Net	546	649
Acquisitions	0	0
Additions	0	0
Impairments	0	0
Amortization	(101)	(103)
Impact of foreign exchange	0	0
Finite-Lived Intangible Assets, Net	445	546
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Net	2,120	2,999
Acquisitions	0	0
Additions	128	81
Impairments	0	(270)
Amortization	(669)	(679)
Impact of foreign exchange	13	(11)
Finite-Lived Intangible Assets, Net	$ 1,592	$ 2,120

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Related party transactions

12 Months Ended

Dec. 29, 2012

Related Party Transactions [Abstract]

Related Party Transactions Disclosure [Text Block]

18. Related Party Transactions and Balances

The following table summarizes related party transactions and balances not disclosed elsewhere in these consolidated financial statements:

				December 29, 2012	December 31, 2011	January 1, 2011
				$	$	$
Transactions:
	(a)	Purchases and sales at market prices:
			President of Grains and Foods Group - purchases	172	469	502
			President of Grains and Foods Group - sales	316	174	104
			Employees of Grains and Foods Group - purchases	365	1,352	823
			Employees of Grains and Foods Group - sales	1,170	335	217
	(b)	Sales of coffee beans at market prices		871	700	381
	(c)	Rent paid at market rates		498	512	430
	(d)	Interest paid on promissory notes		112	225	320
Balances:
	(e)	Amount due under employment contract		215	248	380
	(f)	Contingent consideration obligations		62	233	447

(a)       Represents purchases of agronomy products from the Company at market prices, as well as the sale of organic corn and soybeans at market prices to the Company, which are included in revenues and cost of goods sold, respectively, on the consolidated statements of operations.

(b)       Represents the sale of coffee beans at market prices from TOC to a company that is owned by the non-controlling shareholder of Trabocca B.V., a less-than-wholly-owned subsidiary of TOC. These sales are included in revenues on the consolidated statement of operations.

(c)       Represents rental payments at market rates for the lease of production, warehouse and/or office facilities from former owners or shareholders of acquired businesses who remain employed by the Company. These payments are included in selling, general and administrative expenses on the consolidated statements of operations.

(d)       Represents interest payments on promissory notes issued to former shareholders of TOC (see note 11), who remained in senior management positions with TOC. These payments are included in interest expense, net on the consolidated statements of operations.

(e)Represents the amount owed under an employment contract with the Company's former Chief Executive Officer (“CEO”), who remains Chairman of the Board. This contract provides for annual consulting fees to be paiduntil 2020, regardless of whether the former CEO continues to provide services to the Company. The remaining amount due is included in long-term liabilities on the consolidated balance sheets.

(f)Represents contingent consideration obligations payable by Opta Minerals to former owners or shareholders of acquired businesses who remain employed by, or have been appointed directors of Opta Minerals. These obligations are included in long-term liabilities on the consolidated balance sheets.

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Business acquisition WGI (Narrative) (Details) (USD $) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended			8 Months Ended	10 Months Ended	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011	Aug. 29, 2012 WGI [Member]	Nov. 08, 2012 WGI [Member]	Dec. 29, 2012 WGI [Member]
Business Acquisition [Line Items]
Business Acquisition, Effective Date of Acquisition				Aug. 29, 2012
Cash consideration				$ 14,098
Business Acquisition, Percentage of Voting Interests Acquired				94.00%	100.00%
Business Acquisition Cost Of Acquired Entity Cash Per Share				$ 0.60
Business Acquisition Fair Value Amount Minority Interest				870
Business Acquisition Date Completion Of Compulsory Acquisition					2012-11-08
Business Combination, Acquired Receivables, Fair Value					4,365
Business Combination, Acquired Receivables, Gross Contractual Amount					5,097
Business Combination, Acquired Receivables, Estimated Uncollectible					732
Revenues	1,091,064	1,019,871	831,677			10,225
Earnings attributable to SunOpta Inc.	$ 24,224	$ 5,296	$ 61,066			$ 32

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Income taxes (Tables)

12 Months Ended

Dec. 29, 2012

Income Tax Disclosure [Abstract]

Schedule Of Earnings And Provision Recovery Of Income Taxes [Table Text Block]

			December 29, 2012	December 31, 2011	January 1, 2011
			$	$	$
Income tax provision at combined
	statutory rate		9,392	7,773	7,925
Income (decrease) by the effects of:
	Impact of foreign exchange		18	194	(138)
	Change in valuation allowance		(1,354)	(1,054)	(3,708)
	Foreign tax rate differential		2,820	824	849
	Impact of substantively enacted tax rates		(406)	1,036	(298)
	Benefits of intercompany financing structures		(210)	(1,231)	(1,483)
	Impact of capital gains and losses		-	-	2,227
	Impact of goodwill and intangible asset
		impairments	-	109	(8)
	Change in unrecognized tax benefits		180	-	(549)
	SRED and other ITCs carried forward in the year		-	606	264
	Expiring non-capital losses and R&D credits
		plus a change in Canadian capital losses	-	2,002	-
	Other		494	(363)	2,042
	Provision for income taxes		10,934	9,896	7,123

The components of earnings (loss) from continuing operations before income taxes are shown below:
		December 29, 2012	December 31, 2011	January 1, 2011
		$	$	$
Canada		9,070	(1,559)	(5,013)
U.S.		15,416	17,136	24,645
Other		10,959	12,185	5,494
		35,445	27,762	25,126
The components of the provision (recovery) of income taxes are shown below:
		December 29, 2012	December 31, 2011	January 1, 2011
		$	$	$
Current income tax provision (recovery):
	Canada	250	(468)	2,546
	U.S.	3,123	3,534	1
	Other	3,041	2,724	1,103
		6,414	5,790	3,650
Deferred income tax provision (recovery):
	Canada	889	613	(3,070)
	U.S.	3,648	3,121	7,802
	Other	(17)	372	(1,259)
		4,520	4,106	3,473
Provision for income taxes		10,934	9,896	7,123

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Deferred income taxes of the Company are comprised of the following:
		December 29, 2012	December 31, 2011	January 1, 2011
		$	$	$
Differences in property, plant and equipment
	and intangible assets	(33,476)	(29,088)	(30,998)
Capital and non-capital losses		16,076	16,240	26,651
Tax benefit of scientific research expenditures		5,086	4,908	3,513
Tax benefit of costs incurred during share issuances		368	191	(2,072)
Inventory basis differences		1,944	2,423	3,020
Other accrued reserves		1,241	2,124	(2,283)
		(8,761)	(3,202)	(2,169)
Less: valuation allowance		3,145	4,547	5,880
Net deferred income tax liability		(11,906)	(7,749)	(8,049)

Schedule Of Deferred Tax Assets And Liabilities By Geographic Segment [Table Text Block]

The components of the deferred income tax asset (liability) are shown below:
	December 29, 2012	December 31, 2011	January 1, 2011
	$	$	$
Canada	7,848	11,278	10,451
U.S.	(16,721)	(16,009)	(16,136)
Other	(3,033)	(3,018)	(2,364)
	(11,906)	(7,749)	(8,049)

Schedule Of Deferred Income Tax Valuation Allowance [Table Text Block]

The components of the deferred income tax valuation allowance are as follows:
		December 29, 2012	December 31, 2011	January 1, 2011
		$	$	$
Balance, beginning of year		4,547	5,880	7,178
Decrease in valuation allowance		(1,354)	(1,054)	(3,708)
Adjustments to valuation allowance as a result of
	acquisitions and foreign exchange	(48)	(279)	2,410
Balance, end of year		3,145	4,547	5,880

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

	December 29, 2012	December 31, 2011
	$	$
Balance, beginning of year	2,568	2,568
Additions based on tax positions related to the current year	189	-
Balance, end of year	2,757	2,568

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Bank indebtedness and Long-Term Debt (Long term debt table) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 29, 2012	Dec. 31, 2011
Debt Instrument [Line Items]
Capital Lease Obligations	$ 7,219	$ 786
Promissory Notes	0	8,744
Other Long-term Debt	664	711
Total Long-term and Current Term Debt	58,198	52,264
Current portion of long-term debt	(6,925)	(35,198)
Long-term Debt, Excluding Current Maturities, Total	51,273	17,066
US Non Revolving Real Estate Term Facility [Member] | Syndicate Lending Group [Member]
Debt Instrument [Line Items]
Secured Debt	0	12,133
US Non Revolving Machinery And Equipment Term Facility [Member] | Syndicate Lending Group [Member]
Debt Instrument [Line Items]
Secured Debt	0	11,078
Non Revolving Term Credit Facility [Member] | Opta Minerals Inc [Member]
Debt Instrument [Line Items]
Secured Debt	50,315	0
Term Loan Facility [Member] | Opta Minerals Inc [Member]
Debt Instrument [Line Items]
Secured Debt	0	6,392
Revolving Acquisition Facility [Member] | Opta Minerals Inc [Member]
Debt Instrument [Line Items]
Secured Debt	$ 0	$ 12,420

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Supplemental cash flow information (Cash Flows) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011	Dec. 31, 2009
Increase (Decrease) Operating Capital [Line Items]
Increase (Decrease) in Receivables	$ (18,904)	$ 4,632	$ (9,303)
Increase (Decrease) in Inventories	(19,180)	(39,687)	(38,334)
Increase (Decrease) in Accrued Taxes Payable	2,395	(1,249)	1,201
Increase (Decrease) in Prepaid Expense and Other Assets	3,409	4,532	(10,456)
Increase (Decrease) in Accounts Payable and Accrued Liabilities	9,541	(10,254)	18,726
Increase (Decrease) in Deferred Revenue and Customer Advances and Deposits	3,901	(2,143)	1,816
Increase Decrease In Operating Capital	18,838	44,169	36,350
Interest Paid	8,541	7,632	8,993
Income Taxes Paid, Net	6,304	7,256	2,105
Cash and cash equivalents	6,840	2,378	2,335	1,752
Opta Minerals Inc [Member]
Increase (Decrease) Operating Capital [Line Items]
Cash and cash equivalents	$ 3,966	$ 698

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Goodwill and intangible assets (Tables)

12 Months Ended

Dec. 29, 2012

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill [Table Text Block]

		December 29, 2012	December 31, 2011
		$	$
Goodwill		57,414	49,387
Intangible assets with a finite life at cost, less accumulated
	amortization of $24,300 (December 31, 2011 - $19,198)	52,885	48,035
The following is a summary of changes in goodwill:
			$
Balance at January 1, 2011			48,174
Acquisitions during the year			1,233
Additions during the year(1)			249
Impact of foreign exchange			(269)
Balance at December 31, 2011			49,387
Acquisitions during the year			7,892
Additions during the year(1)			250
Reduction during the year(2)			(251)
Impact of foreign exchange			136
Balance at December 29, 2012			57,414

Schedule Of Assumptions Used In Estimating Fair Value [Table Text Block]

Estimated cumulative average operating income growth (2011 - 2015)	47.4%
Projected long-term annual operating income growth(1)	2.5%
Weighted-average discount rate(2)	15.0%

(1)       Represents the operating income growth rate used to determine terminal value.

(2)       Represents the targeted weighted-average discount rate of 11% plus the impact of a specific reporting unit risk premium to account for the estimated additional uncertainty associated with future cash flows.

Schedule of Finite-Lived Intangible Assets [Table Text Block]

The following is a summary of changes in intangible assets:
	Customer and other	Patents and
	relationships	trademarks	Other	Total
	$	$	$	$
Balance at January 1, 2011	48,763	649	2,999	52,411
Acquisitions (see note 2)	718	-	-	718
Additions	-	-	81	81
Impairments (see note 14)	-	-	(270)	(270)
Amortization	(3,674)	(103)	(679)	(4,456)
Impact of foreign exchange	(438)	-	(11)	(449)
Balance at December 31, 2011	45,369	546	2,120	48,035
Acquisitions (see note 2)	9,347	-	-	9,347
Additions	-	-	128	128
Amortization	(4,163)	(101)	(669)	(4,933)
Impact of foreign exchange	295	-	13	308
Balance at December 29, 2012	50,848	445	1,592	52,885

Schedule of Expected Amortization Expense [Table Text Block]

	$
2013	4,980
2014	4,851
2015	4,630
2016	4,354
2017	4,354
Thereafter	29,716
	52,885

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Business acquisition Babco (Narrative) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended			1 Months Ended	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011	Feb. 10, 2012 Babco [Member]	Dec. 29, 2012 Babco [Member]	Dec. 29, 2012 Babco [Member] Fair Value, Inputs, Level 3 [Member]
Business Acquisition [Line Items]
Business Acquisition, Effective Date of Acquisition				Feb. 10, 2012
Finite Lived Intangible Asset Useful Life				15 years
Business Acquisition, Contingent Consideration, Potential Cash Payment					$ 1,300
Business Acquisition Contingent Consideration Payments Term				5 years
Fair Value Inputs Long Term Revenue Growth Rate						2.50%
Fair Value Inputs Discount Rate						18.00%
Valuation Allowance, Deferred Tax Asset, Change in Amount					990
Revenues	1,091,064	1,019,871	831,677		12,082
Earnings attributable to SunOpta Inc.	$ 24,224	$ 5,296	$ 61,066		$ 2,223

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Investments (Details) (USD $) In Thousands, unless otherwise specified	7 Months Ended		8 Months Ended
	Aug. 03, 2011 Mascoma [Member]	Dec. 29, 2012 Mascoma [Member]	Aug. 31, 2010 BioProcess [Member]
Investment [Line Items]
Cost Method Investments Percentage		18.70%
Significant Acquisitions and Disposals, Date of Transaction for Acquisition or Disposal			Aug. 31, 2010
Ownership Percentage Of Subsidiary			100.00%
Convertible Subordinated Debt Issuance Date	2011-08-03
Convertible Subordinated Debt	$ 500

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Derivative financial instruments and fair value measurements (Notional Amounts) (Details)	Dec. 29, 2012 bu
Corn [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	290,028
Soybean [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	502,256
Cocoa [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	64
Future And Forward Purchase Contracts [Member] | Corn [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	886,000
Future And Forward Purchase Contracts [Member] | Soybean [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	448,000
Future And Forward Sale Contracts [Member] | Corn [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	(709,000)
Future And Forward Sale Contracts [Member] | Soybean [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	(675,000)
Future [Member] | Corn [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	(481,000)
Future [Member] | Soybean [Member]
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount	(256,000)

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Commitments and contingencies (Tables)

12 Months Ended

Dec. 29, 2012

Commitments And Contingencies Disclosure [Abstract]

Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block]

	$
2013	12,996
2014	11,583
2015	9,791
2016	7,427
2017	5,975
Thereafter	10,675
	58,447

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Business Acquisitions

12 Months Ended

Dec. 29, 2012

Business Combinations [Abstract]

Business Combination Disclosure Text Block

2. Business Acquisitions

Acquisitions in Fiscal 2012

WGI Heavy Metals, Incorporated

On August 29, 2012, Opta Minerals paid $14,098 in cash to acquire approximately 94% of the outstanding common shares of WGI Heavy Metals, Incorporated (“WGI”), pursuant to an offer by Opta Minerals to acquire all of the outstanding common shares of WGI for Cdn $0.60 cash per share. The fair value of the remaining outstanding common shares of WGI amounted to $870 based on the terms of the offer. The fair value of the remaining outstanding common shares was included in accrued liabilities at the acquisition date, as Opta Minerals had commenced a compulsory acquisition of the outstanding common shares of WGI not tendered to the offer. The compulsory acquisition was completed on November 8, 2012, following which Opta Minerals owned100% of WGI. WGI's principal business is the processing and sale of industrial abrasive minerals, and the sourcing, assembly and sale of ultra-high pressure water jet cutting machine replacement parts and components. This acquisition complements Opta Minerals' existing product portfolio and expands product line offerings to new and existing customers.

The acquisition of WGI has been accounted for as a business combination under the acquisition method of accounting. The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the acquisition date. The amounts recognized for current assets acquired and current liabilities assumed are provisional and adjustments may occur as a result of obtaining more information regarding the valuation of these items. The Company expects to finalize these amounts no later than one year from the acquisition date.

	Provisional(1)	Adjusted(2)
	$	$
Cash and cash equivalents	2,454	2,454
Accounts and other receivables(3)	4,922	4,922
Inventories	7,404	7,329
Other current assets	111	111
Property, plant and equipment	4,991	5,386
Intangible assets	630	-
Goodwill(4)	-	217
Deferred income tax	290	383
Accounts payable and accrued liabilities	(5,056)	(5,056)
Bank indebtedness and long-term debt	(551)	(551)
Other long-term liabilities	(227)	(227)
Total consideration	14,968	14,968

(1)       Reflects the provisional amounts previously reported by the Company in its consolidated financial statements for the quarter ended September 29, 2012.

(2)Adjustments reflect additional information obtained in connection with the valuation of intangible assets and property, plant and equipment, as well as the consequential tax effects, as of the acquisition date. As these adjustments were not considered material to the Company's previously reported consolidated financial statements for the quarter ended September 29, 2012, the Company has not retrospectively adjusted those financial statements.

(3)Includes trade accounts receivable with a fair value of $4,365. The gross contractual amount of trade accounts receivable was $5,097, of which $732 is expected to be uncollectible.

(4)Goodwill is calculated as the difference between the acquisition-date fair value of the consideration transferred and the values assigned to the assets acquired and liabilities assumed. None of the goodwill is expected to be deductible for tax purposes. The goodwill recorded represents (i) synergies and economies of scale expected to result from combining the operations of Opta Minerals and WGI, (ii) the value of the going-concern element of WGI's existing business (that is, the higher rate of return on the assembled net assets versus if Opta Minerals had acquired all of the net assets separately), and (iii) the value of WGI's assembled workforce that does not qualify for separate recognition as an intangible asset.

The acquired assets, assumed liabilities and results of operations of WGI have been included in the Opta Minerals operating segment since the date of acquisition. The revenues and earnings of WGI attributable to SunOpta Inc. that are included in the consolidated statement of operations for the period from the acquisition date toDecember 29, 2012 were $10,225 and $32, respectively.

Babco Industrial Corp.

On February 10, 2012, Opta Minerals acquired all of the outstanding common shares of Babco Industrial Corp. (“Babco”), located in Regina, Saskatchewan. Babco is an industrial processor of petroleum coke. This acquisition complements Opta Minerals' existing product portfolio and provides for additional product line offerings to new and existing customers in the region.

This transaction has been accounted for as a business combination under the acquisition method of accounting. The following table summarizes the estimated fair values of the assets acquired and liabilities assumed, as well as the consideration transferred to effect the acquisition of Babco as of the acquisition date.

		$
Net assets acquired:
	Accounts receivable(1)	467
	Inventories	372
	Other current assets	20
	Property, plant and equipment	4,909
	Goodwill(2)	7,675
	Intangible assets(3)	9,347
	Accounts payable and accrued liabilities	(692)
	Deferred income taxes	(2,808)
	Long-term debt(4)	(1,145)
		18,145
Consideration:
	Cash consideration	17,530
	Contingent consideration(5)	615
		18,145

(1)       The fair value of accounts receivable acquired is equal to the gross contractual amount receivable.

(2)       Goodwill is calculated as the difference between the acquisition-date fair value of the consideration transferred and the values assigned to the assets acquired and liabilities assumed. None of the goodwill is expected to be deductible for tax purposes. The goodwill recorded represents (i) synergies and economies of scale expected to result from combining the operations of Opta Minerals and Babco, (ii) the value of the going-concern element of Babco's existing business (that is, the higher rate of return on the assembled net assets versus if Opta Minerals had acquired all of the net assets separately), and (iii) the value of Babco's assembled workforce that does not qualify for separate recognition as an intangible asset.

(3)       Intangible assets consist of acquired customer relationships, which are being amortized over their estimated useful lives of approximately 15 years.

(4)       In conjunction with the acquisition, Opta Minerals fully repaid Babco's existing banking facilities.

(5)       Represents the fair value of contingent consideration payments of up to approximately $1,300 if Babco achieves certain earnings before interest, taxes, depreciation and amortization (“EBITDA”) targets over the next five years. The fair value of the contingent consideration was measured using a discounted cash flow analysis based on level 3 inputs, which included a forecasted EBITDA growth rate of 2.5% and a risk-adjusted discount rate of 18.0%.

In addition to the recognition of the fair values of the assets acquired and liabilities assumed at the acquisition date, Opta Minerals determined that in connection with its subsequent amalgamation with Babco, it was more likely than not that the combined company would be able to realize a portion of Opta Minerals' pre-existing non-capital loss carryforwards. As a result, Opta Minerals released $990 of a valuation allowance against its deferred tax assets, resulting in a corresponding deferred tax benefit (before non-controlling interest) recognized in the provision for income taxes for the year endedDecember 29, 2012.

The acquired assets (including goodwill), assumed liabilities and results of operations of Babco have been included in the Opta Minerals operating segment since the date of acquisition. The revenues and earnings of Babco attributable to SunOpta Inc. that are included in the consolidated statement of operations for the period from the acquisition date to December 29, 2012 were $12,082 and $2,223, respectively.

Acquisitions in Fiscal 2011

On November 10, 2011, Opta Minerals acquired the outstanding members' interest of Inland RC, LLC (“Inland”), a manufacturer of pre-cast refractory shapes, injection lances, stirring lances and electric furnace deltas. Inland's results of operations have been included in the Opta Minerals operating segment since the date of acquisition. During fiscal 2012, Opta Minerals finalized the acquisition accounting for Inland. As the adjustments to the provisional amounts recorded as of the acquisition date were not considered material to the Company's previously reported consolidated financial statements, the Company has not retrospectively adjusted those financial statements.

On August 5, 2011, the Company acquired the assets and business of Lorton's Fresh Squeezed Juices, Inc. (“Lorton's”), an integrated producer of a variety of citrus-based products in both industrial and packaged formats. Lorton's results of operations have been included in the Consumer Products Group since the date of acquisition.

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed, as well as the consideration transferred to effect the acquisitions of Inland and Lorton's, as of the respective acquisition dates.

			Inland	Lorton's
		Provisional	Final
		$	$	$
Net assets acquired:
	Current assets	470	470	1,672
	Property, plant and equipment	508	508	1,221
	Goodwill(1)	661	410	572
	Intangible assets(2)	249	249	469
	Current liabilities	(560)	(635)	(923)
	Deferred income tax liability	(130)	-	-
		1,198	1,002	3,011
Consideration:
	Cash consideration	658	658	2,500
	Contingent consideration	540	344	511
		1,198	1,002	3,011

(1)       The goodwill recognized is attributable primarily to expected synergies and assembled workforces of Inland and Lorton's. None of the goodwill is expected to be deductible for tax purposes.

(2)       Intangible assets consist of acquired customer relationships of Inland and Lorton's, which are being amortized over their estimated useful lives of approximately 15 years and seven years, respectively.

Acquisitions in Fiscal 2010

On December 14, 2010, the Company acquired the operating assets of Edner of Nevada, Inc. (“Edner”), a producer of nutritious portable foods such as nutrition bars and grains-based snack bars. Edner'sresults of operations have been included in the Consumer Products Group since the acquisition date.

On November 8, 2010, the Company acquired 100% of the outstanding shares of Dahlgren & Company, Inc. (“Dahlgren”), an integrated processor and global supplier of confection sunflower seed products including in-shell and kernel products, roasted sunflower and soy seeds, bird food, hybrid seed and other products. Dahlgren's results of operations have been included in the Grains and Foods Group since the acquisition date.

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed, as well as the consideration transferred to effect the acquisitions of Edner and Dahlgren, as of the respective acquisition dates.

		Edner	Dahlgren
		$	$
Net assets acquired:
	Cash and cash equivalents	-	4,239
	Current assets	2,376	23,231
	Property, plant and equipment	1,418	12,402
	Goodwill(1)	2,346	15,940
	Intangible assets(2)	1,823	11,013
	Other long-term assets	-	624
	Current liabilities	(647)	(12,288)
	Deferred income tax liability	-	(7,670)
		7,316	47,491
Consideration:
	Cash consideration	4,000	46,303
	Contingent consideration	3,316	1,188
		7,316	47,491

(1)        The goodwill recognized is attributable primarily to expected synergies and assembled workforces of Edner and Dahlgren. None of the goodwill is expected to be deductible for tax purposes.

(2)       Intangible assets of consist principally of acquired customer relationships of Edner and Dahlgren, which are being amortized over their estimated useful lives of approximately seven years and 12 years, respectively.

Pro FormaConsolidatedResults of Operations (Unaudited)

The following table presents unaudited pro forma consolidated results of operations for the years ended December 29, 2012 and December 31, 2011, as if the acquisitions of WGI and Babco had occurred as of January 2, 2011, and the Inland and Lorton's acquisitions had occurred as of January 1, 2010.

		December 29, 2012	December 31, 2011
		$	$
Pro forma revenue		1,113,598	1,078,574
Pro forma earnings attributable to SunOpta Inc.		22,667	5,584
Pro forma earnings per share
	Basic	0.34	0.09
	Diluted	0.34	0.08

The pro forma consolidated results of operations were prepared using the acquisition method of accounting and are based on unaudited historical financial information of the Company and the respective acquired businesses. The pro forma information reflects primarily the following pro forma adjustments:

• incremental amortization expense related to the fair value of the identifiable intangible assets acquired;
• additional depreciation expense related to the fair value adjustment to property, plant and equipment acquired;
• additional interest costs associated with an increase in borrowings directly used to finance the acquisitions; and
• consequential tax effects of the preceding adjustments.

The pro forma information is not necessarily indicative of what the Company's consolidated results of operations actually would have been had the WGI and Babco acquisitions and the Inland and Lorton's acquisitions been completed on January 2, 2011and January 1, 2010, respectively, nor does it purport to project the future results of operations of the Company.

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Derivative financial instruments and fair value measurements (Contingent Consideration) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011
Derivative [Line Items]
Business Acquisition Contingent Consideration Fair Value Adjustments	$ 0	$ 1,235	$ 0
Fair Value, Inputs, Level 3 [Member]
Derivative [Line Items]
Business Acquisition, Contingent Consideration, at Fair Value	(4,398)	(4,456)
Fair Value, Inputs, Level 3 [Member] | Edner Of Nevada and Dahlgren Acquisitions [Member]
Derivative [Line Items]
Business Acquisition Contingent Consideration Payment	477
Fair Value, Inputs, Level 3 [Member] | Babco and Inland Acquisitions [Member]
Derivative [Line Items]
Business Acquisition Contingent Consideration Additions	$ 421

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Earnings per share (Tables)

12 Months Ended

Dec. 29, 2012

Earnings Per Share Abstract

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

		December 29, 2012		December 31, 2011		January 1, 2011
Earnings from continuing operations
	attributable to SunOpta Inc.	$	22,968	$	16,230	$	16,635
Earnings (loss) from discontinued operations,
	net of taxes		1,256		(10,934)		44,431
Earnings attributable to SunOpta Inc.		$	24,224	$	5,296	$	61,066
Basic weighted-average number of shares
	outstanding		65,897,969		65,644,372		65,179,067
Dilutive potential of the following:
	Employee/director stock options		551,723		705,332		663,506
	Warrants		161,705		233,445		185,705
Diluted weighted-average number of shares
	outstanding		66,611,397		66,583,149		66,028,278
Earnings (loss) per share - basic:
	- from continuing operations	$	0.35	$	0.25	$	0.26
	- from discontinued operations		0.02		(0.17)		0.68
		$	0.37	$	0.08	$	0.94
Earnings (loss) per share - diluted:
	- from continuing operations	$	0.34	$	0.24	$	0.25
	- from discontinued operations		0.02		(0.16)		0.67
		$	0.36	$	0.08	$	0.92

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Subsequent events

12 Months Ended

Dec. 29, 2012

Subsequent Events [Abstract]

Subsequent Events [Text Block]

22. Subsequent event

Bulgarian Processing Operation

On December 31, 2012, the Company acquired a grains handling and processing facility operated as the Organic Land Corporation OOD (“OLC”) and located in Silistra, Bulgaria. The purchase price was €3,200,plus an earn-out based on pre-determined earnings targets over a three-year period. The facility is located near a protected and chemical free agricultural area, which produces organic products including sunflower, flax seed, corn, barley, and soybeans. This acquisition diversifies the Company's organic sunflower processing operations and should allow it to expand its capabilities into other organic products grown in the region. The Bulgarian processing operation is included in the International Foods Group.

This transaction will be accounted for as a business combination under the acquisition method of accounting. The acquired assets of OLC consist primarily of property, plant and equipment. The purchase price will be allocated to theidentifiable net assets based on their estimated fair values as of the acquisition date. Due to the limited time since the closing of the transaction, the valuation efforts and related acquisition accounting are incomplete at the time of filing of these consolidated financial statements. As a result, the Company is unable to provide amounts recognized as of the acquisition date for the major classes of assets acquired and liabilities assumed, including any resulting goodwill.

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Segmented information

12 Months Ended

Dec. 29, 2012

Dec. 31, 2011

Jan. 01, 2011

Segment Reporting [Abstract]

Segment Reporting Disclosure Text Block

21. Segmented Information

In the first quarter of 2012, the Company implemented changes to its organizational structure to align the operations of SunOpta Foods according to the type of customers and markets served, rather than by product groupings. Consequently, the Company has realigned its reportable operating segments to reflect the resulting changes in management reporting and accountability to the Company's Chief Executive Officer. With this realignment, SunOpta Foods consists of the following four operating segments: Grains and Foods Group, Ingredients Group, Consumer Products Group and International Foods Group. This new structure is more closely aligned with the Company's integrated business models that specialize in the sourcing, processing and packaging of natural, organic and specialty food products.

As a result of this realignment, the former Fruit Group was eliminated and the new Consumer Products Group was created to focus on non-grains based consumer packaged goods and is comprised of the Frozen Foods and Healthy Snacks operations which were part of the former Fruit Group, and the Food Solutions operations which were formerly part of the International Foods Group. The Fruit Ingredient operation of the former Fruit Group was merged with the existing Ingredients Group. The Grains and Foods Group remained unchanged.

Effective with the realignment, the Company operates in the following businesssegments:

(a) SunOpta Foods sources, processes, packages and markets a wide range of natural, organic and specialty raw materials, ingredients and packaged food products, with a focus on soy, corn, sunflower, fruit, fiber and other natural and organic food products. There are four operating segments within SunOpta Foods:

• Grains and Foods Group is focused on vertically integrated sourcing, processing, packaging and marketing of grains, grain-based ingredients and packaged products;
• Ingredients Groupis focused primarily on insoluble oat and soy fiber products, and specialty fruit ingredients, and works closely with its customers to identify product formulation, cost and productivity opportunities aimed at transforming raw materials into value-added food ingredient solutions;
• Consumer Products Groupprovides natural and organic consumer packaged food products to major global food manufacturers, distributors and supermarket chains with a variety of branded and private label products; and
• International Foods Groupincludes European and North American based operations that source and supply raw material ingredients and trade organic commodities.

(b) Opta Mineralsprocesses, distributes and recycles industrial minerals, silica-free abrasives, and specialty sands for use in the steel, foundry, loose abrasive cleaning, and municipal water filtration industries.

(c) Corporate Services provide a variety of management, financial, information technology, treasury and administration services to the operating segments from the head office in Brampton, Ontario, and information technology and shared services from its office in Edina, Minnesota.

The Company's assets, operations and employees are principally located in the U.S., Canada, Europe, China and Ethiopia. Revenues are allocated based on the location of the customer.

Other expense (income), interest expense (income), and provision for income taxes are not allocated to operating segments.

The following segmented information for the years ended December 29, 2012, December 31, 2011 and January 1, 2011 is provided on the basis of the Company's new operating segments alignment and the divestiture of Purity (see note 3):

		December 29, 2012
		SunOpta	Opta	Corporate
		Foods	Minerals	Services	Consolidated
		$	$	$	$
External revenues by market:
	U.S.	775,373	75,799	-	851,172
	Canada	30,370	29,243	-	59,613
	Europe and other	158,670	21,609	-	180,279
Total revenues from external customers		964,413	126,651	-	1,091,064
Segment operating income (loss)		42,911	10,062	(6,001)	46,972
Other expense, net					2,194
Interest expense, net					9,333
Provision for income taxes					10,934
Earnings from continuing operations					24,511
Identifiable assets		515,175	141,418	50,717	707,310
Depreciation and amortization		13,677	5,731	818	20,226
Goodwill		42,497	14,917	-	57,414
Expenditures on property, plant and equipment		21,232	2,504	812	24,548

		December 29, 2012
		Grains and		Consumer	International
		Foods	Ingredients	Products	Foods	SunOpta
		Group	Group	Group	Group	Foods
		$	$	$	$	$
External revenues by market:
	U.S.	456,804	74,176	178,121	66,272	775,373
	Canada	14,695	5,325	1,579	8,771	30,370
	Europe and other	53,160	3,043	1,322	101,145	158,670
Total revenues from external customers		524,659	82,544	181,022	176,188	964,413
Segment operating income (loss)		32,796	3,464	(982)	7,633	42,911
Identifiable assets		253,624	54,198	80,097	127,256	515,175
Depreciation and amortization		7,283	2,613	2,744	1,037	13,677
Goodwill		19,066	12,030	2,934	8,467	42,497
Expenditures on property, plant and
	equipment	7,755	2,114	4,033	7,330	21,232

Geographic Segments

				December 29, 2012
	U.S.	Canada	Europe and Other(1)	Total
	$	$	$	$
Property, plant and equipment	114,614	13,326	12,639	140,579
Goodwill	41,281	7,666	8,467	57,414
Total assets	285,017	250,501	171,792	707,310
				December 31, 2011
	U.S.	Canada	Europe and Other(1)	Total
	$	$	$	$
Property, plant and equipment	108,326	8,767	3,491	120,584
Goodwill	41,256	-	8,131	49,387
Total assets	288,767	227,380	115,356	631,503

(1)Other includes operations in China and Ethiopia as part of the International Foods Group.

For the years ended December 29, 2012, December 31, 2011 and January 1, 2011, the Company did not have any customers that exceeded 10% of total revenues.

		December 31, 2011
		SunOpta	Opta	Corporate
		Foods	Minerals	Services	Consolidated
		$	$	$	$
External revenues by market:
	U.S.	704,179	63,708	-	767,887
	Canada	33,494	15,277	-	48,771
	Europe and other	189,078	14,135	-	203,213
Total revenues from external customers		926,751	93,120	-	1,019,871
Segment operating income (loss)		34,958	7,577	(8,766)	33,769
Other income, net					(2,832)
Interest expense, net					8,839
Provision for income taxes					9,896
Earnings from continuing operations					17,866
Identifiable assets		465,523	92,812	54,506	612,841
Depreciation and amortization		12,827	4,207	775	17,809
Goodwill		42,161	7,226	-	49,387
Expenditures on property, plant and equipment		14,377	4,901	636	19,914

Other expense for the year ended December31, 2011 includes impairments of long-lived assets in the Consumer Products Group of $358(see note 14).

		December 31, 2011
		Grains and		Consumer	International
		Foods	Ingredients	Products	Foods	SunOpta
		Group	Group	Group	Group	Foods
		$	$	$	$	$
External revenues by market:
	U.S.	396,279	80,861	161,339	65,700	704,179
	Canada	14,167	6,957	3,057	9,313	33,494
	Europe and other	68,749	3,256	843	116,230	189,078
Total revenues from external customers		479,195	91,074	165,239	191,243	926,751
Segment operating income (loss)		22,813	7,083	(3,978)	9,040	34,958
Identifiable assets		235,563	61,426	64,818	103,716	465,523
Depreciation and amortization		6,894	2,454	2,478	1,001	12,827
Goodwill		19,066	12,030	2,934	8,131	42,161
Expenditures on property, plant and
	equipment	9,182	1,985	2,940	270	14,377

		January 1, 2011
		SunOpta	Opta	Corporate
		Foods	Minerals	Services	Consolidated
		$	$	$	$
External revenues by market:
	U.S.	582,945	54,713	-	637,658
	Canada	21,557	14,867	-	36,424
	Europe and other	146,307	11,288	-	157,595
Total revenues from external customers		750,809	80,868	-	831,677
Segment operating income (loss)		49,549	7,753	(12,118)	45,184
Other expense, net					10,309
Interest expense, net					9,749
Provision for income taxes					7,123
Earnings from continuing operations					18,003
Identifiable assets		449,884	87,853	48,974	586,711
Depreciation and amortization		11,271	4,099	1,101	16,471
Goodwill		41,842	6,332	-	48,174
Expenditures on property, plant and equipment		15,025	1,580	856	17,461

Other expense for the year ended January 1, 2011 includes impairment of long-lived assets in the Consumer Products Group of $7,549(see note 14).

		January 1, 2011
		Grains and		Consumer	International
		Foods	Ingredients	Products	Foods	SunOpta
		Group	Group	Group	Group	Foods
		$	$	$	$	$
External revenues by market:
	U.S.	302,073	104,745	129,240	46,887	582,945
	Canada	6,474	8,492	4,551	2,040	21,557
	Europe and other	56,358	3,292	977	85,680	146,307
Total revenues from external customers		364,905	116,529	134,768	134,607	750,809
Segment operating income (loss)		28,003	18,870	(1,302)	3,978	49,549
Identifiable assets		234,522	59,846	71,307	84,209	449,884
Depreciation and amortization		4,894	2,159	3,291	927	11,271
Goodwill		19,066	12,030	2,346	8,400	41,842
Expenditures on property, plant and
	equipment	6,038	7,754	939	294	15,025

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Variable interest entities (Details) (USD $) In Thousands, unless otherwise specified	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011	Dec. 31, 2009
Business Acquisition [Line Items]
Assets Current	$ 407,492	$ 365,308
Property, Plant and Equipment	140,579	120,584
Liabilities, Current	279,520	269,630
Long-term debt	51,273	17,066
Long-term liabilities	5,544	5,586
Non-controlling interest	17,384	15,816
Net investment by the Company	343,535	314,948	305,127	246,511
Selet Hulling [Member]
Business Acquisition [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired	35.00%
Assets Current	1,330	718
Property, Plant and Equipment	1,320	1,361
Liabilities, Current	(482)	(414)
Long-term debt	(664)	(711)
Long-term liabilities	(271)	(330)
Non-controlling interest	429	36
Net investment by the Company	$ 1,662	$ 660

XML

Divestitures (Narrative) (Details) In Thousands, unless otherwise specified	12 Months Ended				5 Months Ended	7 Months Ended	6 Months Ended	8 Months Ended	12 Months Ended	5 Months Ended		12 Months Ended	7 Months Ended	12 Months Ended
	Dec. 29, 2012 USD ($)	Dec. 31, 2011 USD ($)	Jan. 01, 2011 USD ($)	Dec. 31, 2009 USD ($)	Jun. 05, 2012 Purity Life Natural Health Products [Member] USD ($)	Aug. 12, 2011 Colorado Sun Oil Processing [Member]	Jun. 11, 2010 Canadian Food Distributions [Member] USD ($)	Aug. 31, 2010 BioProcess [Member] USD ($)	Jan. 01, 2011 BioProcess [Member] USD ($)	Jun. 05, 2012 CAD Purity Life Natural Health Products [Member]	Jun. 05, 2012 USD Purity Life Natural Health Products [Member] USD ($)	Dec. 31, 2011 USD Purity Life Natural Health Products [Member] USD ($)	Aug. 12, 2011 USD Colorado Sun Oil Processing [Member] USD ($)	Dec. 31, 2011 USD Colorado Sun Oil Processing [Member] USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Significant Acquisitions and Disposals, Date of Transaction for Acquisition or Disposal					Jun. 05, 2012	Aug. 12, 2011	Jun. 11, 2010	Aug. 31, 2010
Discontinued Operation Amount Of Cash Consideration On Sale					$ 13,443		$ 65,809			14,000	$ 13,443
Discontinued Operation Amount Of Non Cash Consideration On Sale								33,345
Discontinued Operation Amount Of Contingent Consideration On Sale										700	672
Discontinued Operations Contingent Consideration Payment Terms					1 year
Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax And Accumulated Currency Translation Adjustment					750
Sale Of Ownership Interest, Percent								100.00%
Gain on sale of discontinued operations, net of income taxes	808	71	62,950		808		12,796	50,154					71
Employee Benefits And Share Based Compensation									15,280
Impairment of Intangible Assets, Finite-lived	0	(270)										6,025
Impairment Of Long Lived Assets Held For Use												1,485
Legal Settlements	$ 0	$ 512	$ 0	$ (1,200)										$ 5,246

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Supplemental cash flow information (Tables)

12 Months Ended

Dec. 29, 2012

Supplemental Cash Flow Elements [Abstract]

Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]

			December 29, 2012	December 31, 2011	January 1, 2011
			$	$	$
Changes in non-cash working capital, net of
	businesses acquired:
		Accounts receivable	(18,904)	4,632	(9,303)
		Inventories	(19,180)	(39,687)	(38,334)
		Income tax recoverable	2,395	(1,249)	1,201
		Prepaid expenses and other current assets	3,409	4,532	(10,456)
		Accounts payable and accrued liabilities	9,541	(10,254)	18,726
		Customer and other deposits	3,901	(2,143)	1,816
			(18,838)	(44,169)	(36,350)
Cash paid for:
	Interest		8,541	7,632	8,993
	Income taxes		6,304	7,256	2,105

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Accounting policies (Policy)

12 Months Ended

Dec. 29, 2012

Accounting Policies [Abstract]

Basis of Accounting [Text Block]

Basis of Presentation

These consolidated financial statements have been prepared by the Company in United States (“U.S.”)dollarsandin accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). The consolidated financial statements include the accounts of the Company and those of its wholly-owned and majority-owned subsidiaries, includingOpta Minerals. In addition, the accounts of all variable interest entities (“VIEs”) for which the Company has been determined to be the primary beneficiary are included in these consolidated financial statements. All intercompany accounts and transactions have been eliminated on consolidation.

The Company's investment in Mascoma is being accounted for under the cost method of accounting, as the Company does not have the ability to exercise significant influence over the operating and financial policies of Mascoma.

Compartive Balances

Comparative Balances

As a result of the divestiture of the Company's interest in Purity Life Natural Health Products (“Purity”) on June 5, 2012 (see note3), the operating results and cash flows of Purity for the years endedDecember 31, 2011 and January 1, 2011 have been reclassified to discontinued operations. In addition, the net assets of Purity have been reclassified and reported as held for sale on the consolidated balance sheet as at December 31, 2011.

Fiscal Period [Policy Text Block]

Fiscal Year-End

The fiscal year of the Company ends on the Saturday closest to December 31, based on a 52 week calendar, wherein every fiscal quarter is comprised of 13 weeks or 91 days. The fiscal year of Opta Minerals ends on December 31, and its quarterly periods end on March 31, June 30 and September 30.

Use Of Estimates [Policy Text Block]

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires management to make certain estimates and assumptions that affect the reported amounts in the consolidated financial statements and accompanying notes. Areas involving significant estimates and assumptions include: inventory valuation reserves; income tax liabilities and assets, and related valuation allowances;allocation of the purchase price of acquired businesses; fair value of contingent consideration; useful lives of property, plant and equipment and intangible assets; expected future cash flows used in evaluating intangible assets for impairment; evaluating recoverability of investments; and reporting unit fair values in testing goodwill for impairment. The estimates and assumptions made require judgment on the part of management and are based on the Company's historical experience and various other factors that are believed to be reasonable in the circumstances. Management continually evaluates the information that forms the basis of its estimates and assumptions as the business of the Company and the general business environment changes.

Business Combinations Policy [Policy Text Block]

Business Acquisitions

Acquired businesses are accounted for using the acquisition method of accounting, which requires that assets acquired and liabilitiesassumed be recorded at fair value, with limited exceptions. Any excess of the purchase price over the fair value of the net assetsacquired is recorded as goodwill. Acquisition-related transaction costs are accounted for as an expense in the period in which the costs are incurred. Contingent consideration is measured at fair value and recognized as part of the consideration transferred in exchange for the acquired businesses. Contingent consideration liabilities are remeasured to fair value at each reporting date with the changes in fair value recognized in other expense (income) on the consolidated statements of operations.

Consolidation Variable Interest Entity Policy [Policy Text Block]

Variable Interest Entities

The Company consolidates the financial results of VIEs in which it holds a controlling financial interest. The Company performs a qualitative analysis to determine whether it holds a controlling financial interest (i.e., is the primary beneficiary) in the VIE. The analysis identifies the primary beneficiary of a VIE as the entity that has both the power to direct the activities of the VIE that most significantly impact the economic performance of the VIE and the obligation to absorb losses, or the right to receive benefits, that could potentially be significant to the VIE.

Fair Value of Financial Instruments, Policy [Policy Text Block]

Financial Instruments

The Company's financial instruments recognized in the consolidated balance sheets and included in working capital consist of cash and cash equivalents, accounts receivable, inventories carried at market, derivative instruments, accounts payable and accrued liabilities, and customer and other deposits. The fair values of these instruments approximate their carrying values due to their short-term maturities. The fair values of long-term debt and long-term liabilities as at December 29, 2012are considered not to be materially different from the carrying amounts.

The Company's financial instruments exposed to credit risk include cash equivalents and accounts receivable. The Company places its cash and cash equivalents with institutions of high creditworthiness. The Company's trade accounts receivable are not subject to a high concentration of credit risk. The Company routinely assesses the financial strength of its customers and believes that its accounts receivable credit risk exposure is limited. The Company maintains an allowance for losses based on the expected collectibility of the accounts receivable.

Fair Value Measurement, Policy [Policy Text Block]

Fair Value Measurements

The Company has various financial assets and liabilitiesthat are measured at fair value on a recurring basis, including certain inventories and derivatives, as well as contingent consideration. The Company also applies the provisions of fair value measurement to various non-recurring measurements for financial and non-financial assets and liabilities measured at fair value on a non-recurring basis.

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., an exit price). Fair value measurements are estimated based on inputs categorized as follows:

• Level 1 inputs include quoted prices (unadjusted) for identical assets or liabilities in active markets that are observable.
• Level 2 inputs include quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data by correlation or other means.
• Level 3 includes unobservable inputs that reflect the Company's own assumptions about what factors market participants would use in pricing the asset or liability.

When measuring fair value, the Company maximizes the use of observable inputs and minimizes the use of unobservable inputs.

Foreign Currency Transactions And Translations Policy Text Block [Policy Text Block]

Foreign Currency Translation

The assets and liabilities of the Company's operations having a functional currency other than the U.S. dollar are translated into U.S. dollars at the exchange rate prevailing at the balance sheet date, and at the average rate for the reporting period for revenue and expense items. The cumulative currency translation adjustment is recorded as a component of accumulated other comprehensive income in shareholders' equity. Exchange gains and losses arising from foreign currency transactions are included in earnings.

Cash And Cash Equivalents Policy Text Block [Policy Text Block]

Cash and Cash Equivalents

Cash and cash equivalents consist of cash and short-term deposits with an original maturity of 90 days or less. Certain cash and cash equivalents can only be used by subsidiaries and are consolidated for financial reporting purposes due to the Company's ownership (see note 17).

Receivables Policy Text Block [Policy Text Block]

Accounts Receivable

Accounts receivable comprise trade receivables that are recorded at the invoiced amount and do not bear interest. The allowance for doubtful accounts is an estimate of the amount of probable credit losses in existing accounts receivable. Account balances are charged off against the allowance when the Company believes it is probable the receivable will not be recovered. As at December 29, 2012 and December 31, 2011, no customer's balance represented 10% or more of the Company's consolidated trade receivables balance.

Inventory Policy Text Block [Policy Text Block]

Inventories

Inventories (excluding commodity grains) are valued at the lower of cost and market. Cost is principally determined on a weighted-average cost basis. Shipping and handling costs are included in cost of goods sold on the consolidated statements of operations.

Inventories of commodity grains, which include amounts acquired under deferred pricing contracts traded on the Chicago Board of Trade (“CBoT”), are valued at market. Grain inventory quantities at year-end are multiplied by the quoted price on the CBoT to reflect the market value of the inventory. This market value is then adjusted for a basis factor that represents differences in local markets, and broker and dealer quotes to arrive at market. Changes in CBoT prices or the basis factor are included in cost of goods sold on the consolidated statements of operations and comprehensive earnings.

SunOpta Foods economically hedges its commodity grain positions to protect gains and minimize losses due to market fluctuations. Futures contracts and purchase and sale contracts are adjusted to market price and resulting gains and losses from these transactions are included in cost of goods sold. As the Company has a risk of loss from hedge activity if the grower does not deliver the grain as scheduled, these transactions do not qualify as hedges under U.S. GAAP and, therefore, changes in market value are recorded in cost of goods sold on the consolidated statements of operations.

Property Plant And Equipment Policy Text Block [Policy Text Block]

Property, Plant and Equipment

Property, plant and equipment are stated at cost, less accumulated depreciation. Depreciation is provided using the straight-line basis at rates reflecting the estimated useful lives of the assets.

Goodwill And Intangible Assets Goodwill Policy [Policy Text Block]

Goodwill

Goodwill represents the excess of the purchase price over the estimated fair value of the identifiable net assets acquired. Goodwill is not amortized but is instead tested for impairment at least annually at the beginning of the fourth quarter, or whenever events or circumstances change between the annual impairment tests that would indicate the carrying amount of goodwill maybe impaired. The Company performs a quantitative test for goodwill impairment by comparing the carrying amount of each reporting unit to itsestimated fair value. If the carrying amount exceeds the reporting unit's fair value, there is a potential impairment in goodwill. Any impairment in goodwill is measured by allocating the fair value of the reporting unit in a manner similar to a purchase price allocation and comparing the notional goodwill from the fair value allocation to the carrying value of the goodwill.

Goodwill And Intangible Assets Intangible Assets Policy [Policy Text Block]

Intangible Assets

The Company's finite-lived intangible assets consist of customer and other relationships, patents and trademarks and other intangible assets. These intangible assets are amortized on a straight-line basis over their estimated useful lives as follows:

Impairment Or Disposal Of Long Lived Assets Policy Text Block [Policy Text Block]

Impairment of Long-Lived Assets

The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amounts of the assets may not be recoverable through undiscounted future cash flows. If impairment exists based on expected future undiscounted cash flows, a loss is recognized in income. The amount of the impairment loss is the excess of the carrying amount of the impaired asset over the fair value of the asset, typically based on discounted future cash flows.

Other Assets Policy Text Block [Policy Text Block]

Other Assets

Costs incurred in connection with obtaining financing are deferred and amortized over the term of the financing agreement, using the effective interest method.

Derivatives Policy Text Block [Policy Text Block]

Derivative Instruments

The Company is exposed to fluctuations in interest rates, commodities and foreign currency exchange. The Company utilizes certain derivative financial instruments to enhance its ability to manage these risks, including interest rate swaps, exchange-traded commodity futures, commodity forward purchase and sale contracts and forward foreign exchange contracts. Derivative instruments are entered into for periods consistent with related underlying exposures and do not constitute positions independent of those exposures. The Company does not enter into contracts for speculative purposes.

All derivative instruments are recognized on the consolidated balance sheets at fair value. Changes in the fair value of derivative instruments are recorded in earningsor other comprehensive earnings, based on whether the instrument is designated as part of a hedge transaction. Gains or losses on derivative instruments reported in accumulated other comprehensive income are reclassified to earnings in the period in which earnings are affected by the underlying hedged item. The ineffective portion of all hedges is recognized in earnings in the current period. As at December 29, 2012, the Company utilized the following derivative instruments:

• Interest rate swaps

  Opta Minerals utilizes interest rate swaps to manage its exposure to interest rate risks. The fair value of the interest rate swapsis included in accounts payable and accrued liabilities, with changes in the fair value included in accumulated other comprehensive income to the extent that the cash flow hedge continues to be effective. The amounts included in accumulated other comprehensive income are allocated to earnings in the same period in which the hedged item affects earnings. To the extent that the cash flow hedge is not considered to be effective by completely offsetting the change in fair value of the hedged item, the ineffective portion of the hedging relationship is recorded immediately in earnings and is classified as interest expense on the consolidated statements of operations.

• Exchange-traded commodity futures and forward contracts

  SunOpta Foods enters into exchange-traded commodity futures contracts to economically hedge its exposure to price fluctuations on grain and cocoa transactions to the extent considered practicable for minimizing risk from market price fluctuations.  Futures contracts used for economical hedging purposes are purchased and sold through regulated commodity exchanges in the U.S.  However, inventories may not be completely hedged, due in part to the Company's assessment of its exposure from expected price fluctuations. Forward purchase and sale contracts may expose the Company to risk in the event that a counterparty to a transaction is unable to fulfill its contractual obligation or if a grower does not deliver grain as scheduled.  The Company manages its risk by entering into purchase contracts with pre-approved growers and sale contracts are entered into with organizations of acceptable creditworthiness, as internally evaluated.  All futures and forward purchase and sale contracts are marked-to-market. Gains and losses on these transactions are included in cost of goods sold on the consolidated statements of operations.

• Forward foreign exchange contracts

The Company enters into forward foreign exchange contracts to minimize exchange rate fluctuations relating to foreign currency denominated sales contracts and accounts receivable.  Forward foreign exchange contracts designated as hedges are marked-to-market with the effective portion of the gain or loss recognized in other comprehensive earnings and subsequently recognized in earnings in the same period the hedged item affects earnings. Gains and losses on forward exchange contracts not specifically designated as hedging instruments are included in foreign exchange (gain) loss on the consolidated statements of operations.

Customer And Other Deposits [Policy Text Block]

Customer and Other Deposits

Customer and other deposits include prepayments by customers of the Grains and Foods Group and the International Foods Group for merchandise inventory to be purchased at a future date.

Income Tax Policy Text Block [Policy Text Block]

Income Taxes

The Company follows the asset and liability method of accounting for income taxes whereby deferred income tax assets are recognized for deductible temporary differences and operating loss carry-forwards, and deferred income tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the amounts of assets and liabilities recorded for income tax and financial reporting purposes.

Deferred income tax assets are recognized only to the extent that management determines that it is more likely than not that the deferred income tax assets will be realized. Deferred income tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. The income tax expense or benefit is the income taxpayable or recoverable for the year plus or minus the change in deferred income tax assets and liabilities during the year.

The Company is subject to ongoing tax exposures, examinations and assessments in various jurisdictions. Accordingly, the Company may incur additional income tax expense based upon the outcomes of such matters. In addition, when applicable, the Company adjusts income tax expense to reflect the Company's ongoing assessments of such matters, which requires judgment and can materially increase or decrease its effective rate as well as impact operating results. The evaluation of tax positions taken or expected to be taken in a tax return is a two-step process, whereby (1) the Company determines whether it is more likely than not that the tax positions will be sustained based on the technical merits of the position, and (2) for those tax positions that meet the more-likely-than-not recognition threshold, the Company recognizes the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the related tax authority.

Pension And Other Postretirement Plans Policy [Policy Text Block]

Defined Benefit Pension Plan

The Company has a defined benefit pension plan covering certain European-based employees. The net periodic benefit cost, which is included in selling, general and administrative expenses on the consolidated statements of operations, represents the cost of benefits earned by employees as services are rendered.  The cost reflects management's best estimates of the pension plan's expected investment returns, wage and salary escalation, mortality of members, terminations and the ages at which members will retire.  Changes in these assumptions could impact future pension expense. The excess of the net actuarial gain (loss) over 10% of the greater of the benefit obligation and the fair value of plan assets at the beginning of the year is amortized over the average remaining service lives of the members.

Share Based Compensation Option And Incentive Plans Policy [Policy Text Block]

Stock OptionPlan

The Company maintains a stock option plan under which incentive stock options may be granted to employees and non-employee directors. The Company recognizes stock-based compensation at fair value. The grant-date fair value of stock options is estimated using the Black-Scholes option-pricing model. Compensation expense is recognized on a straight-line basis over the stock option vesting period of the entire award based on the estimated number of stock options that are expected to vest. When exercised, stock options are settled through the issuance of shares and are therefore treated as equity awards.

Revenue Recognition Policy Text Block [Policy Text Block]

Revenue Recognition

The Company recognizes revenue at the time of delivery of the product or service and when all of the following have occurred: a sales agreement is in place, the price is fixed or determinable, and collection is reasonably assured. Details of specific recognition by industry group are as follows:

(a) SunOpta Foods

Grain revenues are recorded when title and possession of the product is transferred to the customer.  Possession is transferred to the customer at the time of shipment from the Company's facility or at the time of delivery to a specified destination depending on the terms of the sale.  All other SunOpta Foods revenues are recognized when title is transferred upon the shipment of product or at the time the service is provided to the customer. Consideration given to customers such as value incentives, rebates, early payment discounts and other discounts are recorded as reductions to revenues at the time of sale.

(b) Opta Minerals

Revenues from the sale of silica-free loose abrasives, industrial minerals, specialty sands and related products are recognized on transfer of title upon delivery of goods to the customer or when goods are picked up by the customer.Revenue is measured net of returns, discounts and allowances.

Earnings Per Share Policy Text Block [Policy Text Block]

Earnings Per Share

Basic earnings per share is computed by dividing the earnings available for common shareholders by the weighted-average number of common shares outstanding during the year. Diluted earnings per share is computed using the treasury stock method whereby the weighted-average number of common shares used in the basic earnings per share calculation is increased to include the number of additional common shares that would have been outstanding if the potential dilutive common shares had been issued at the beginning of the year.

New Accounting Pronouncements Policy [Policy Text Block]

Recent AccountingPronouncements

Effective January 1, 2012, the Company adopted on a prospective basis the provisions of the following new accounting standards:

• Amendments to fair value measurement and disclosure requirements.
• Guidance related to the presentation of net income and other comprehensive income in either a single continuous statement or in two separate, but consecutive statements. The amendments did not change the components of other comprehensive income as reported in the Company's separate statement of comprehensive earnings.
• Guidance on the accounting for goodwill that provides the option of performing a qualitative assessment to determine the likelihood of a goodwill impairment charge. For purposes of its fiscal 2012 goodwill impairment testing, the Company opted to bypass the qualitative assessment and perform a quantitative test.

The adoption of these new standards did not have a significant impact on the Company's consolidated financial statements

XML

Business acquisition (Tables)

12 Months Ended

Dec. 29, 2012

Dec. 31, 2011

Jan. 01, 2011

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

			Inland	Lorton's
		Provisional	Final
		$	$	$
Net assets acquired:
	Current assets	470	470	1,672
	Property, plant and equipment	508	508	1,221
	Goodwill(1)	661	410	572
	Intangible assets(2)	249	249	469
	Current liabilities	(560)	(635)	(923)
	Deferred income tax liability	(130)	-	-
		1,198	1,002	3,011
Consideration:
	Cash consideration	658	658	2,500
	Contingent consideration	540	344	511
		1,198	1,002	3,011

		Edner	Dahlgren
		$	$
Net assets acquired:
	Cash and cash equivalents	-	4,239
	Current assets	2,376	23,231
	Property, plant and equipment	1,418	12,402
	Goodwill(1)	2,346	15,940
	Intangible assets(2)	1,823	11,013
	Other long-term assets	-	624
	Current liabilities	(647)	(12,288)
	Deferred income tax liability	-	(7,670)
		7,316	47,491
Consideration:
	Cash consideration	4,000	46,303
	Contingent consideration	3,316	1,188
		7,316	47,491

Business Acquisition, Pro Forma Information [Table Text Block]

		December 29, 2012	December 31, 2011
		$	$
Pro forma revenue		1,113,598	1,078,574
Pro forma earnings attributable to SunOpta Inc.		22,667	5,584
Pro forma earnings per share
	Basic	0.34	0.09
	Diluted	0.34	0.08

WGI [Member]

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

	Provisional(1)	Adjusted(2)
	$	$
Cash and cash equivalents	2,454	2,454
Accounts and other receivables(3)	4,922	4,922
Inventories	7,404	7,329
Other current assets	111	111
Property, plant and equipment	4,991	5,386
Intangible assets	630	-
Goodwill(4)	-	217
Deferred income tax	290	383
Accounts payable and accrued liabilities	(5,056)	(5,056)
Bank indebtedness and long-term debt	(551)	(551)
Other long-term liabilities	(227)	(227)
Total consideration	14,968	14,968

Babco [Member]

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

		$
Net assets acquired:
	Accounts receivable(1)	467
	Inventories	372
	Other current assets	20
	Property, plant and equipment	4,909
	Goodwill(2)	7,675
	Intangible assets(3)	9,347
	Accounts payable and accrued liabilities	(692)
	Deferred income taxes	(2,808)
	Long-term debt(4)	(1,145)
		18,145
Consideration:
	Cash consideration	17,530
	Contingent consideration(5)	615
		18,145

XML

Description of business and significant accounting policies

12 Months Ended

Dec. 29, 2012

Basis Of Presentation Fiscal Year End And New Accounting Pronouncements Disclosure [Abstract]

Organization Consolidation And Presentation Of Financial Statements Disclosure Text Block

1.Description of Business and Significant Accounting Policies

SunOpta Inc. (the “Company” or “SunOpta”) was incorporated under the laws of Canada on November 13, 1973. The Company operates businesses focused on a healthy products portfolio that promotes sustainable well-being. The Company has two industry groups, the largest being SunOpta Foods, which consists of four operating segments that operate in the natural, organic and specialty food sectors and utilizes a number of integrated business models to bring cost-effective and quality products to market. In addition to SunOpta Foods, the Company owned approximately 66.1% of Opta Minerals Inc. (“Opta Minerals”) as at December 29, 2012 (December 31, 2011 - 66.2%).Opta Mineralsis a vertically integrated provider of custom process solutions and industrial mineral products for use primarily in the steel, foundry, loose abrasive cleaning, and municipal water filtration industries. As at December 29, 2012 and December 31, 2011, the Company also had an 18.7% equity ownership position in Mascoma Corporation (“Mascoma”), an innovative biofuels company.

Basis of Presentation

These consolidated financial statements have been prepared by the Company in United States (“U.S.”)dollarsandin accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). The consolidated financial statements include the accounts of the Company and those of its wholly-owned and majority-owned subsidiaries, includingOpta Minerals. In addition, the accounts of all variable interest entities (“VIEs”) for which the Company has been determined to be the primary beneficiary are included in these consolidated financial statements. All intercompany accounts and transactions have been eliminated on consolidation.

The Company's investment in Mascoma is being accounted for under the cost method of accounting, as the Company does not have the ability to exercise significant influence over the operating and financial policies of Mascoma.

Comparative Balances

As a result of the divestiture of the Company's interest in Purity Life Natural Health Products (“Purity”) on June 5, 2012 (see note3), the operating results and cash flows of Purity for the years endedDecember 31, 2011 and January 1, 2011 have been reclassified to discontinued operations. In addition, the net assets of Purity have been reclassified and reported as held for sale on the consolidated balance sheet as at December 31, 2011.

Fiscal Year-End

The fiscal year of the Company ends on the Saturday closest to December 31, based on a 52 week calendar, wherein every fiscal quarter is comprised of 13 weeks or 91 days. The fiscal year of Opta Minerals ends on December 31, and its quarterly periods end on March 31, June 30 and September 30.

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires management to make certain estimates and assumptions that affect the reported amounts in the consolidated financial statements and accompanying notes. Areas involving significant estimates and assumptions include: inventory valuation reserves; income tax liabilities and assets, and related valuation allowances;allocation of the purchase price of acquired businesses; fair value of contingent consideration; useful lives of property, plant and equipment and intangible assets; expected future cash flows used in evaluating intangible assets for impairment; evaluating recoverability of investments; and reporting unit fair values in testing goodwill for impairment. The estimates and assumptions made require judgment on the part of management and are based on the Company's historical experience and various other factors that are believed to be reasonable in the circumstances. Management continually evaluates the information that forms the basis of its estimates and assumptions as the business of the Company and the general business environment changes.

Business Acquisitions

Acquired businesses are accounted for using the acquisition method of accounting, which requires that assets acquired and liabilitiesassumed be recorded at fair value, with limited exceptions. Any excess of the purchase price over the fair value of the net assetsacquired is recorded as goodwill. Acquisition-related transaction costs are accounted for as an expense in the period in which the costs are incurred. Contingent consideration is measured at fair value and recognized as part of the consideration transferred in exchange for the acquired businesses. Contingent consideration liabilities are remeasured to fair value at each reporting date with the changes in fair value recognized in other expense (income) on the consolidated statements of operations.

Variable Interest Entities

The Company consolidates the financial results of VIEs in which it holds a controlling financial interest. The Company performs a qualitative analysis to determine whether it holds a controlling financial interest (i.e., is the primary beneficiary) in the VIE. The analysis identifies the primary beneficiary of a VIE as the entity that has both the power to direct the activities of the VIE that most significantly impact the economic performance of the VIE and the obligation to absorb losses, or the right to receive benefits, that could potentially be significant to the VIE.

Financial Instruments

The Company's financial instruments recognized in the consolidated balance sheets and included in working capital consist of cash and cash equivalents, accounts receivable, inventories carried at market, derivative instruments, accounts payable and accrued liabilities, and customer and other deposits. The fair values of these instruments approximate their carrying values due to their short-term maturities. The fair values of long-term debt and long-term liabilities as at December 29, 2012are considered not to be materially different from the carrying amounts.

The Company's financial instruments exposed to credit risk include cash equivalents and accounts receivable. The Company places its cash and cash equivalents with institutions of high creditworthiness. The Company's trade accounts receivable are not subject to a high concentration of credit risk. The Company routinely assesses the financial strength of its customers and believes that its accounts receivable credit risk exposure is limited. The Company maintains an allowance for losses based on the expected collectibility of the accounts receivable.

Fair Value Measurements

The Company has various financial assets and liabilitiesthat are measured at fair value on a recurring basis, including certain inventories and derivatives, as well as contingent consideration. The Company also applies the provisions of fair value measurement to various non-recurring measurements for financial and non-financial assets and liabilities measured at fair value on a non-recurring basis.

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., an exit price). Fair value measurements are estimated based on inputs categorized as follows:

• Level 1 inputs include quoted prices (unadjusted) for identical assets or liabilities in active markets that are observable.
• Level 2 inputs include quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data by correlation or other means.
• Level 3 includes unobservable inputs that reflect the Company's own assumptions about what factors market participants would use in pricing the asset or liability.

When measuring fair value, the Company maximizes the use of observable inputs and minimizes the use of unobservable inputs.

Foreign Currency Translation

The assets and liabilities of the Company's operations having a functional currency other than the U.S. dollar are translated into U.S. dollars at the exchange rate prevailing at the balance sheet date, and at the average rate for the reporting period for revenue and expense items. The cumulative currency translation adjustment is recorded as a component of accumulated other comprehensive income in shareholders' equity. Exchange gains and losses arising from foreign currency transactions are included in earnings.

Cash and Cash Equivalents

Cash and cash equivalents consist of cash and short-term deposits with an original maturity of 90 days or less. Certain cash and cash equivalents can only be used by subsidiaries and are consolidated for financial reporting purposes due to the Company's ownership (see note 17).

Accounts Receivable

Accounts receivable comprise trade receivables that are recorded at the invoiced amount and do not bear interest. The allowance for doubtful accounts is an estimate of the amount of probable credit losses in existing accounts receivable. Account balances are charged off against the allowance when the Company believes it is probable the receivable will not be recovered. As at December 29, 2012 and December 31, 2011, no customer's balance represented 10% or more of the Company's consolidated trade receivables balance.

Inventories

Inventories (excluding commodity grains) are valued at the lower of cost and market. Cost is principally determined on a weighted-average cost basis. Shipping and handling costs are included in cost of goods sold on the consolidated statements of operations.

Inventories of commodity grains, which include amounts acquired under deferred pricing contracts traded on the Chicago Board of Trade (“CBoT”), are valued at market. Grain inventory quantities at year-end are multiplied by the quoted price on the CBoT to reflect the market value of the inventory. This market value is then adjusted for a basis factor that represents differences in local markets, and broker and dealer quotes to arrive at market. Changes in CBoT prices or the basis factor are included in cost of goods sold on the consolidated statements of operations and comprehensive earnings.

SunOpta Foods economically hedges its commodity grain positions to protect gains and minimize losses due to market fluctuations. Futures contracts and purchase and sale contracts are adjusted to market price and resulting gains and losses from these transactions are included in cost of goods sold. As the Company has a risk of loss from hedge activity if the grower does not deliver the grain as scheduled, these transactions do not qualify as hedges under U.S. GAAP and, therefore, changes in market value are recorded in cost of goods sold on the consolidated statements of operations.

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets include amounts paid in cash and recorded by the Company as a current asset prior to consumption.

Property, Plant and Equipment

Property, plant and equipment are stated at cost, less accumulated depreciation. Depreciation is provided using the straight-line basis at rates reflecting the estimated useful lives of the assets.

Buildings	20 - 40 years
Machinery and equipment	10 - 20 years
Enterprise software	5 years
Office furniture and equipment	3 - 7 years
Vehicles	5 years

Goodwill

Goodwill represents the excess of the purchase price over the estimated fair value of the identifiable net assets acquired. Goodwill is not amortized but is instead tested for impairment at least annually at the beginning of the fourth quarter, or whenever events or circumstances change between the annual impairment tests that would indicate the carrying amount of goodwill maybe impaired. The Company performs a quantitative test for goodwill impairment by comparing the carrying amount of each reporting unit to itsestimated fair value. If the carrying amount exceeds the reporting unit's fair value, there is a potential impairment in goodwill. Any impairment in goodwill is measured by allocating the fair value of the reporting unit in a manner similar to a purchase price allocation and comparing the notional goodwill from the fair value allocation to the carrying value of the goodwill.

Intangible Assets

The Company's finite-lived intangible assets consist of customer and other relationships, patents and trademarks and other intangible assets. These intangible assets are amortized on a straight-line basis over their estimated useful lives as follows:

Customer and other relationships	2 - 25 years
Patents and trademarks	7 - 15 years
Other	3 - 15 years

Impairment of Long-Lived Assets

The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amounts of the assets may not be recoverable through undiscounted future cash flows. If impairment exists based on expected future undiscounted cash flows, a loss is recognized in income. The amount of the impairment loss is the excess of the carrying amount of the impaired asset over the fair value of the asset, typically based on discounted future cash flows.

Other Assets

Costs incurred in connection with obtaining financing are deferred and amortized over the term of the financing agreement, using the effective interest method.

Derivative Instruments

The Company is exposed to fluctuations in interest rates, commodities and foreign currency exchange. The Company utilizes certain derivative financial instruments to enhance its ability to manage these risks, including interest rate swaps, exchange-traded commodity futures, commodity forward purchase and sale contracts and forward foreign exchange contracts. Derivative instruments are entered into for periods consistent with related underlying exposures and do not constitute positions independent of those exposures. The Company does not enter into contracts for speculative purposes.

All derivative instruments are recognized on the consolidated balance sheets at fair value. Changes in the fair value of derivative instruments are recorded in earningsor other comprehensive earnings, based on whether the instrument is designated as part of a hedge transaction. Gains or losses on derivative instruments reported in accumulated other comprehensive income are reclassified to earnings in the period in which earnings are affected by the underlying hedged item. The ineffective portion of all hedges is recognized in earnings in the current period. As at December 29, 2012, the Company utilized the following derivative instruments:

• Interest rate swaps

  Opta Minerals utilizes interest rate swaps to manage its exposure to interest rate risks. The fair value of the interest rate swapsis included in accounts payable and accrued liabilities, with changes in the fair value included in accumulated other comprehensive income to the extent that the cash flow hedge continues to be effective. The amounts included in accumulated other comprehensive income are allocated to earnings in the same period in which the hedged item affects earnings. To the extent that the cash flow hedge is not considered to be effective by completely offsetting the change in fair value of the hedged item, the ineffective portion of the hedging relationship is recorded immediately in earnings and is classified as interest expense on the consolidated statements of operations.

• Exchange-traded commodity futures and forward contracts

  SunOpta Foods enters into exchange-traded commodity futures contracts to economically hedge its exposure to price fluctuations on grain and cocoa transactions to the extent considered practicable for minimizing risk from market price fluctuations.  Futures contracts used for economical hedging purposes are purchased and sold through regulated commodity exchanges in the U.S.  However, inventories may not be completely hedged, due in part to the Company's assessment of its exposure from expected price fluctuations. Forward purchase and sale contracts may expose the Company to risk in the event that a counterparty to a transaction is unable to fulfill its contractual obligation or if a grower does not deliver grain as scheduled.  The Company manages its risk by entering into purchase contracts with pre-approved growers and sale contracts are entered into with organizations of acceptable creditworthiness, as internally evaluated.  All futures and forward purchase and sale contracts are marked-to-market. Gains and losses on these transactions are included in cost of goods sold on the consolidated statements of operations.

• Forward foreign exchange contracts

The Company enters into forward foreign exchange contracts to minimize exchange rate fluctuations relating to foreign currency denominated sales contracts and accounts receivable.  Forward foreign exchange contracts designated as hedges are marked-to-market with the effective portion of the gain or loss recognized in other comprehensive earnings and subsequently recognized in earnings in the same period the hedged item affects earnings. Gains and losses on forward exchange contracts not specifically designated as hedging instruments are included in foreign exchange (gain) loss on the consolidated statements of operations.

Customer and Other Deposits

Customer and other deposits include prepayments by customers of the Grains and Foods Group and the International Foods Group for merchandise inventory to be purchased at a future date.

Income Taxes

The Company follows the asset and liability method of accounting for income taxes whereby deferred income tax assets are recognized for deductible temporary differences and operating loss carry-forwards, and deferred income tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the amounts of assets and liabilities recorded for income tax and financial reporting purposes.

Deferred income tax assets are recognized only to the extent that management determines that it is more likely than not that the deferred income tax assets will be realized. Deferred income tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. The income tax expense or benefit is the income taxpayable or recoverable for the year plus or minus the change in deferred income tax assets and liabilities during the year.

The Company is subject to ongoing tax exposures, examinations and assessments in various jurisdictions. Accordingly, the Company may incur additional income tax expense based upon the outcomes of such matters. In addition, when applicable, the Company adjusts income tax expense to reflect the Company's ongoing assessments of such matters, which requires judgment and can materially increase or decrease its effective rate as well as impact operating results. The evaluation of tax positions taken or expected to be taken in a tax return is a two-step process, whereby (1) the Company determines whether it is more likely than not that the tax positions will be sustained based on the technical merits of the position, and (2) for those tax positions that meet the more-likely-than-not recognition threshold, the Company recognizes the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the related tax authority.

Defined Benefit Pension Plan

The Company has a defined benefit pension plan covering certain European-based employees. The net periodic benefit cost, which is included in selling, general and administrative expenses on the consolidated statements of operations, represents the cost of benefits earned by employees as services are rendered.  The cost reflects management's best estimates of the pension plan's expected investment returns, wage and salary escalation, mortality of members, terminations and the ages at which members will retire.  Changes in these assumptions could impact future pension expense. The excess of the net actuarial gain (loss) over 10% of the greater of the benefit obligation and the fair value of plan assets at the beginning of the year is amortized over the average remaining service lives of the members.

Stock OptionPlan

The Company maintains a stock option plan under which incentive stock options may be granted to employees and non-employee directors. The Company recognizes stock-based compensation at fair value. The grant-date fair value of stock options is estimated using the Black-Scholes option-pricing model. Compensation expense is recognized on a straight-line basis over the stock option vesting period of the entire award based on the estimated number of stock options that are expected to vest. When exercised, stock options are settled through the issuance of shares and are therefore treated as equity awards.

Revenue Recognition

The Company recognizes revenue at the time of delivery of the product or service and when all of the following have occurred: a sales agreement is in place, the price is fixed or determinable, and collection is reasonably assured. Details of specific recognition by industry group are as follows:

(a) SunOpta Foods

Grain revenues are recorded when title and possession of the product is transferred to the customer.  Possession is transferred to the customer at the time of shipment from the Company's facility or at the time of delivery to a specified destination depending on the terms of the sale.  All other SunOpta Foods revenues are recognized when title is transferred upon the shipment of product or at the time the service is provided to the customer. Consideration given to customers such as value incentives, rebates, early payment discounts and other discounts are recorded as reductions to revenues at the time of sale.

(b) Opta Minerals

Revenues from the sale of silica-free loose abrasives, industrial minerals, specialty sands and related products are recognized on transfer of title upon delivery of goods to the customer or when goods are picked up by the customer.Revenue is measured net of returns, discounts and allowances.

Earnings Per Share

Basic earnings per share is computed by dividing the earnings available for common shareholders by the weighted-average number of common shares outstanding during the year. Diluted earnings per share is computed using the treasury stock method whereby the weighted-average number of common shares used in the basic earnings per share calculation is increased to include the number of additional common shares that would have been outstanding if the potential dilutive common shares had been issued at the beginning of the year.

Recent AccountingPronouncements

Effective January 1, 2012, the Company adopted on a prospective basis the provisions of the following new accounting standards:

• Amendments to fair value measurement and disclosure requirements.
• Guidance related to the presentation of net income and other comprehensive income in either a single continuous statement or in two separate, but consecutive statements. The amendments did not change the components of other comprehensive income as reported in the Company's separate statement of comprehensive earnings.
• Guidance on the accounting for goodwill that provides the option of performing a qualitative assessment to determine the likelihood of a goodwill impairment charge. For purposes of its fiscal 2012 goodwill impairment testing, the Company opted to bypass the qualitative assessment and perform a quantitative test.

The adoption of these new standards did not have a significant impact on the Company's consolidated financial statements.

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Divestiture (Tables)

12 Months Ended

Dec. 29, 2012

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

		December 29, 2012	December 31, 2011	January 1, 2011
		$	$	$
Revenues		26,914	62,205	154,118
Earnings (loss) before income taxes		528	(15,724)	(20,401)
Recovery of (provision for) income taxes		(80)	4,465	1,395
Loss allocated to non-controlling interests		-	254	487
Earnings (loss) from discontinued operations,
	net of income taxes	448	(11,005)	(18,519)

Purity Life Natural Health Products [Member]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

Cash consideration	$	13,443
Transaction and related costs		(1,254)
Net proceeds		12,189
Net assets sold		12,939
Accumulated currency translation adjustment related to net assets sold		(1,359)
Pre-tax gain on sale		609
Recovery of income taxes(1)		199
Gain on sale of discontinued operations, net of income taxes	$	808

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Capital stock (Stock based compensation assumptions) (Details)	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate	0.00%	0.00%	0.00%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate	65.80%	68.00%	68.20%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate	1.20%	1.80%	2.30%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term	6 years 6 months	6 years	6 years

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Capital stock (Tables)

12 Months Ended

Dec. 29, 2012

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

				Weighted-
				average
		Weighted-		remaining
		average		contractual	Aggregate
	Options	exercise price		term (years)	intrinsic value
Outstanding at beginning of year	2,656,060	$	5.51
Granted	1,375,500		5.56
Exercised	(99,760)		2.42
Forfeited or expired	(244,300)		7.89
Outstanding at end of year	3,687,500	$	5.46	4.5	$	3,036
Exercisable at end of year	1,028,740	$	5.55	3.0	$	1,414

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

	December 29, 2012	December 31, 2011	January 1, 2011
Dividend yield(1)	0%	0%	0%
Expected volatility(2)	65.8%	68.0%	68.2%
Risk-free interest rate(3)	1.2%	1.8%	2.3%
Expected life of options (years)(4)	6.5	6.0	6.0

(1)Determined based on expected annual dividend yield at the time of grant.

(2)Determined based on historical volatility of the Company's common shares over the expected life of the option.

(3)Determined based on the yield on U.S. Treasury zero-coupon issues with maturity dates equal to the expected life of the option.

(4)For the year ended December 29, 2012, determined using simplified method, as the Company changed the term of its stock option grants from six years to 10 years and, as a result, historical exercise data may no longer provide a reasonable basis upon which to estimate expected life. For the years ended December 31, 2011 and January 1, 2011, determined based on historical exercise and forfeiture patterns.

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding [Table Text Block]

					Vested		Weighted-	Total	Weighted-
	Exercise price range				outstanding		average price	outstanding	average price
Expiry date		Low		High	options		(vested)	options		(total)
2013	$	12.31	$	13.75	155,500	$	12.57	155,500	$	12.57
2014		4.06		13.35	228,800		5.59	292,100		5.59
2015		0.91		1.92	297,940		1.65	564,900		1.66
2016		4.45		5.62	182,900		4.49	485,000		4.49
2017		4.88		7.72	163,600		7.07	818,000		7.07
2022		5.14		5.73	-		-	1,372,000		5.56
					1,028,740	$	5.55	3,687,500	$	5.46

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Business acquisition Babco (Schedule of Acquisitions by Assets and Liabilities) (Details) (Babco [Member], USD $) In Thousands, unless otherwise specified	Feb. 10, 2012
Babco [Member]
Business Acquisition [Line Items]
Accounts receivable	$ 467
Inventories	372
Other current assets	20
Property, plant and equipment	4,909
Goodwill	7,675
Intangible Assets	9,347
Accounts payable and accrued liabilities	(692)
Deferred income tax	(2,808)
Bank indebtedness and long-term debt	(1,145)
Net Assets Acquired Total	18,145
Cash consideration	17,530
Contingent Consideration	615
Total consideration	$ 18,145

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Goodwill and intangible assets (Narrative) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2011	Jan. 01, 2011
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill, Impairment Loss	$ 0	$ 1,654

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Statement of Earnings (USD $) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011
Consolidated Statements of Operations
Revenues	$ 1,091,064	$ 1,019,871	$ 831,677
Cost of goods sold	957,327	898,627	702,175
Gross profit	133,737	121,244	129,502
Selling, general and administrative expenses	82,878	82,176	82,407
Intangible asset amortization	4,933	4,061	3,476
Other expense (income), net	2,194	(2,832)	10,309
Foreign exchange (gain) loss	(1,046)	1,238	(1,565)
Earnings from continuing operations before the following	44,778	36,601	34,875
Interest Expense	9,333	8,839	9,749
Earnings from continuing operations before income taxes	35,445	27,762	25,126
Provision for income taxes	10,934	9,896	7,123
Earnings from continuing operations	24,511	17,866	18,003
Earnings (loss) from discontinued operations, net of income taxes	448	(11,005)	(18,519)
Gain on sale of discontinued operations, net of income taxes	808	71	62,950
Earnings (loss) from discontinued operations, net of taxes	1,256	(10,934)	44,431
Earnings	25,767	6,932	62,434
Earnings attributable to non-controlling interests	1,543	1,636	1,368
Earnings attributable to SunOpta Inc.	$ 24,224	$ 5,296	$ 61,066
Earnings (loss) per share - basic
from continuing operations	$ 0.35	$ 0.25	$ 0.26
from discontinued operations	$ 0.02	$ (0.17)	$ 0.68
Earnings Per Share Total	$ 0.37	$ 0.08	$ 0.94
Earnings (loss) per share - diluted
from continuing operations	$ 0.34	$ 0.24	$ 0.25
from discontinued operations	$ 0.02	$ (0.16)	$ 0.67
Earnings Per Share Diluted Total	$ 0.36	$ 0.08	$ 0.92

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Related party transactions (Tables)

12 Months Ended

Dec. 29, 2012

Related Party Transactions [Abstract]

Schedule of Related Party Transactions [Table Text Block]

				December 29, 2012	December 31, 2011	January 1, 2011
				$	$	$
Transactions:
	(a)	Purchases and sales at market prices:
			President of Grains and Foods Group - purchases	172	469	502
			President of Grains and Foods Group - sales	316	174	104
			Employees of Grains and Foods Group - purchases	365	1,352	823
			Employees of Grains and Foods Group - sales	1,170	335	217
	(b)	Sales of coffee beans at market prices		871	700	381
	(c)	Rent paid at market rates		498	512	430
	(d)	Interest paid on promissory notes		112	225	320
Balances:
	(e)	Amount due under employment contract		215	248	380
	(f)	Contingent consideration obligations		62	233	447

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Earnings per share (Table) (Details) (USD $) In Thousands, except Share data, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011
Earnings Per Share Abstract
Income (Loss) from Continuing Operations Attributable to Parent	$ 22,968	$ 16,230	$ 16,635
Earnings (loss) from discontinued operations, net of income taxes	1,256	(10,934)	44,431
Earnings attributable to SunOpta Inc.	$ 24,224	$ 5,296	$ 61,066
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Weighted Average Number of Shares Outstanding, Basic	65,897,969	65,644,372	65,179,067
Weighted Average Number of Shares Outstanding, Diluted	66,611,397	66,583,149	66,028,278
Earnings (loss) per share - basic
from continuing operations basic	$ 0.35	$ 0.25	$ 0.26
from discontinued operations basic	$ 0.02	$ (0.17)	$ 0.68
Earnings Per Share Total	$ 0.37	$ 0.08	$ 0.94
Earnings (loss) per share - diluted
from continuing operations diluted	$ 0.34	$ 0.24	$ 0.25
from discontinued operations diluted	$ 0.02	$ (0.16)	$ 0.67
Earnings Per Share Diluted Total	$ 0.36	$ 0.08	$ 0.92
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2,045,200	1,355,700	837,900
Options Held [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Dilutive Securities, Effect on Basic Earnings Per Share, Including Options and Restrictive Stock Units	551,723	705,332	663,506
Warrant [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Dilutive Securities, Effect on Basic Earnings Per Share, Including Options and Restrictive Stock Units	161,705	233,445	185,705

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Statement of Shareholders' Equity (USD $) In Thousands	Total	Common Stock [Member]	Additional Paid In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income [Member]	Noncontrolling Interest [Member]
Balance at Dec. 31, 2009	$ 246,511	$ 178,694	$ 7,934	$ 34,146	$ 12,079	$ 13,658
Balance, shares at Dec. 31, 2009		64,983
Employee Share Purchase Plan And Compensation Grants	760	760	0	0	0	0
Employee Share Purchase Plan And Compensation Grants, shares		201
Exercise of options	1,123	1,207	(84)	0	0	0
Exercise of options, shares		316
Issuance of warrants	2,163	0	2,163	0	0	0
Stock based compensation	2,323	0	2,323	0	0	0
Earnings from continuing operations	18,003	0	0	16,635	0	1,368
Earnings (loss) from discontinued operations, net of income taxes	36,172	0	0	44,431	(7,772)	(487)
Currency translation adjustment	(3,002)	0	0	0	(2,295)	(707)
Non-controlling interest contributions	243	0	0	0	0	243
Change in fair value of interest rate swap, net of income taxes	351	0	0	0	233	118
Non-current liabilities held for sale	(108)	0	0	0	0	(108)
Adjustment due to pensions	(588)	0	0	0	(588)	0
Balance at Jan. 01, 2011	305,127	180,661	12,336	95,212	2,833	14,085
Balance, shares at Jan. 01, 2011		65,500
Employee Share Purchase Plan And Compensation Grants	626	626	0	0	0	0
Employee Share Purchase Plan And Compensation Grants, shares		119
Exercise of options	529	821	(292)	0	0	0
Exercise of options, shares		177
Stock based compensation	2,090	0	2,090	0	0	0
Earnings from continuing operations	17,866	0	0	16,230	0	1,636
Earnings (loss) from discontinued operations, net of income taxes	(10,934)	0	0	(10,934)	0	0
Currency translation adjustment	(796)	0	0	0	(743)	(53)
Change in fair value of interest rate swap, net of income taxes	440	0	0	0	292	148
Adjustment due to pensions	0
Balance at Dec. 31, 2011	314,948	182,108	14,134	100,508	2,382	15,816
Balance, shares at Dec. 31, 2011		65,796
Employee Share Purchase Plan And Compensation Grants	546	546	0	0	0	0
Employee Share Purchase Plan And Compensation Grants, shares		111
Exercise of options	241	373	(132)	0	0	0
Exercise of options, shares		100
Stock based compensation	2,853	0	2,853	0	0	0
Earnings from continuing operations	24,511	0	0	22,968	0	1,543
Earnings (loss) from discontinued operations, net of income taxes	(103)	0	0	1,256	(1,359)	0
Currency translation adjustment	741	0	0	0	572	169
Change in fair value of interest rate swap, net of income taxes	(87)	0	0	0	(58)	(29)
Payment to non-controlling interest	(115)	0	0	0	0	(115)
Adjustment due to pensions	0
Balance at Dec. 29, 2012	$ 343,535	$ 183,027	$ 16,855	$ 124,732	$ 1,537	$ 17,384
Balance, shares at Dec. 29, 2012		66,007

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Income taxes (Narrative) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011	Dec. 31, 2009
Operating Loss Carryforwards, Expiration Dates	20
Valuation Allowance, Amount	$ 3,145	$ 4,547	$ 5,880	$ 7,178
Significant Change in Unrecognized Tax Benefits, Nature of Event Timing	2015-01-01
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense
Internal Revenue Service (IRS) [Member]
Open Tax Year	2007
Canada Revenue Agency [Member]
Open Tax Year	2005
US | Domestic Tax Authority [Member]
Operating Loss Carryforwards	11,517	7,743
US | State and Local Jurisdiction [Member]
Operating Loss Carryforwards	11,311	8,842
CA | Capital Loss Carryforward [Member]
Other Tax Carryforward, Gross Amount	845	655
CA | Domestic Tax Authority [Member]
Operating Loss Carryforwards	28,821	25,790
Research Tax Credit Carryforward [Member] | US
Tax Credit Carryforward, Amount	71	390
Research Tax Credit Carryforward [Member] | CA
Tax Credit Carryforward, Amount	958	1,003
Research Tax Credit Carryforward [Member] | MA [Member]
Tax Credit Carryforward, Amount	166	166
Tax Credit Carryforward, Expiration Date	Jan. 01, 2029
Scientific [Member] | CA
Tax Credit Carryforward, Amount	$ 10,847	$ 10,628

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Derivative financial instruments and fair value measurements (Narrative) (Details) In Thousands, unless otherwise specified	1 Months Ended	12 Months Ended											12 Months Ended
	Feb. 29, 2012	Dec. 29, 2012 USD ($)	Dec. 31, 2011 USD ($)	Dec. 29, 2012 Fair Value, Inputs, Level 2 [Member] USD ($)	Dec. 31, 2011 Fair Value, Inputs, Level 2 [Member] USD ($)	Feb. 10, 2012 Babco [Member] USD ($)	Dec. 14, 2010 Edner Of Nevada [Member] USD ($)	Jul. 24, 2012 Maximum [Member] Opta Minerals Inc [Member]	Jul. 24, 2012 Minimum [Member] Opta Minerals Inc [Member]	Dec. 29, 2012 Corn [Member] bu	Dec. 29, 2012 Soybean [Member] bu	Dec. 29, 2012 Cocoa [Member] lots	Dec. 29, 2012 Interest Rate Swap [Member] USD ($)	Dec. 31, 2011 Interest Rate Swap [Member] USD ($)	Jan. 01, 2011 Interest Rate Swap [Member] USD ($)	Dec. 29, 2012 Interest Rate Swap [Member] Opta Minerals Inc [Member]	Dec. 29, 2012 FebruaryTwo Thousand And Twelve Interest Rate Swap At One Eight Five Percent [Member] Babco [Member] Opta Minerals Inc [Member]	Dec. 29, 2012 FebruaryTwo Thousand And Twelve Interest Rate Swap At One Eight Five Percent [Member] Babco [Member] Opta Minerals Inc [Member] CAD	Dec. 29, 2012 FebruaryTwo Thousand And Twelve Interest Rate Swap At One Eight Five Percent [Member] Maximum [Member] Babco [Member] Opta Minerals Inc [Member]	Dec. 29, 2012 FebruaryTwo Thousand And Twelve Interest Rate Swap At One Eight Five Percent [Member] Minimum [Member] Babco [Member] Opta Minerals Inc [Member]	Dec. 29, 2012 Foreign Exchange Forward [Member] Fair Value, Inputs, Level 2 [Member] USD USD ($)	Dec. 29, 2012 Foreign Exchange Forward [Member] Fair Value, Inputs, Level 2 [Member] EUR EUR (€)
Derivative [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Net		$ 695	$ (839)
Derivative, Nonmonetary Notional Amount										290,028	502,256	64
Derivative, Inception Date	Feb. 01, 2012
Derivative, Notional Amount																		32,200
Derivative, Fixed Interest Rate																	1.85%
Debt Instrument, Basis Spread on Variable Rate								2.00%	3.50%										3.50%	2.00%
Derivative, Maturity Date																Feb. 01, 2017
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, before Tax, Portion Attributable to Parent													(140)	635	496
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Tax, Portion Attributable to Parent													53	(195)	(145)
Notional Amount of Foreign Currency Derivative Purchase Contracts																					7,116	5,197
Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax		327
Business Acquisition, Contingent Consideration, at Fair Value				$ 0	$ 0	$ 615	$ 3,316

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Related party transactions (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011
Grains And Foods Group Employee [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Purchases from Related Party	$ 365	$ 1,352	$ 823
Revenue from Related Parties	1,170	335	217
Grains And Foods Group President [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Purchases from Related Party	172	469	502
Revenue from Related Parties	316	174	104
Minority Partner [Member] | Trabocca [Member]
Related Party Transaction [Line Items]
Revenue from Related Parties	871	700	381
Organic Corporation [Member]
Related Party Transaction [Line Items]
Interest Expense, Related Party	112	225	320
Former Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Due from (to) Related Party	215	248	380
Contingent Consideration [Member] | Opta Minerals Inc [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Due from (to) Related Party	62	233	447
Rent From An Affiliated Company [Member]
Related Party Transaction [Line Items]
Costs and Expenses, Related Party	$ 498	$ 512	$ 430

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Inventories (Tables)

12 Months Ended

Dec. 29, 2012

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

	December 29, 2012	December 31, 2011
	$	$
Raw materials and work-in-process	169,269	147,051
Finished goods	63,621	70,358
Company-owned grain	27,335	17,351
Inventory reserve	(4,487)	(6,305)
	255,738	228,455

	December 29, 2012	December 31, 2011
	$	$
Balance, beginning of year	6,305	3,764
Additions to reserve during the year	3,458	6,905
Reserves applied and inventories written off during the year	(5,268)	(4,338)
Effect of foreign exchange rate differences	(8)	(26)
Balance, end of year	4,487	6,305

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Inventories (Details) (USD $) In Thousands, unless otherwise specified	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011
Inventory Disclosure [Abstract]
Work in Process and Raw Materials	$ 169,269	$ 147,051
Finished Goods	63,621	70,358
Company Owned Grain	27,335	17,351
Inventory reserves	(4,487)	(6,305)	(3,764)
Total Inventory, Net	$ 255,738	$ 228,455

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Income taxes

12 Months Ended

Dec. 29, 2012

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

15. Income Taxes

The provision for income taxes from continuing operations differs from the amount that would have resulted by applying the combined Canadian federal and provincial statutory income tax rate to earnings before income taxes due to the following:

			December 29, 2012	December 31, 2011	January 1, 2011
			$	$	$
Income tax provision at combined
	statutory rate		9,392	7,773	7,925
Income (decrease) by the effects of:
	Impact of foreign exchange		18	194	(138)
	Change in valuation allowance		(1,354)	(1,054)	(3,708)
	Foreign tax rate differential		2,820	824	849
	Impact of substantively enacted tax rates		(406)	1,036	(298)
	Benefits of intercompany financing structures		(210)	(1,231)	(1,483)
	Impact of capital gains and losses		-	-	2,227
	Impact of goodwill and intangible asset
		impairments	-	109	(8)
	Change in unrecognized tax benefits		180	-	(549)
	SRED and other ITCs carried forward in the year		-	606	264
	Expiring non-capital losses and R&D credits
		plus a change in Canadian capital losses	-	2,002	-
	Other		494	(363)	2,042
	Provision for income taxes		10,934	9,896	7,123

The components of earnings (loss) from continuing operations before income taxes are shown below:
		December 29, 2012	December 31, 2011	January 1, 2011
		$	$	$
Canada		9,070	(1,559)	(5,013)
U.S.		15,416	17,136	24,645
Other		10,959	12,185	5,494
		35,445	27,762	25,126
The components of the provision (recovery) of income taxes are shown below:
		December 29, 2012	December 31, 2011	January 1, 2011
		$	$	$
Current income tax provision (recovery):
	Canada	250	(468)	2,546
	U.S.	3,123	3,534	1
	Other	3,041	2,724	1,103
		6,414	5,790	3,650
Deferred income tax provision (recovery):
	Canada	889	613	(3,070)
	U.S.	3,648	3,121	7,802
	Other	(17)	372	(1,259)
		4,520	4,106	3,473
Provision for income taxes		10,934	9,896	7,123

Deferred income taxes of the Company are comprised of the following:
		December 29, 2012	December 31, 2011	January 1, 2011
		$	$	$
Differences in property, plant and equipment
	and intangible assets	(33,476)	(29,088)	(30,998)
Capital and non-capital losses		16,076	16,240	26,651
Tax benefit of scientific research expenditures		5,086	4,908	3,513
Tax benefit of costs incurred during share issuances		368	191	(2,072)
Inventory basis differences		1,944	2,423	3,020
Other accrued reserves		1,241	2,124	(2,283)
		(8,761)	(3,202)	(2,169)
Less: valuation allowance		3,145	4,547	5,880
Net deferred income tax liability		(11,906)	(7,749)	(8,049)

The components of the deferred income tax asset (liability) are shown below:
	December 29, 2012	December 31, 2011	January 1, 2011
	$	$	$
Canada	7,848	11,278	10,451
U.S.	(16,721)	(16,009)	(16,136)
Other	(3,033)	(3,018)	(2,364)
	(11,906)	(7,749)	(8,049)

The components of the deferred income tax valuation allowance are as follows:
		December 29, 2012	December 31, 2011	January 1, 2011
		$	$	$
Balance, beginning of year		4,547	5,880	7,178
Decrease in valuation allowance		(1,354)	(1,054)	(3,708)
Adjustments to valuation allowance as a result of
	acquisitions and foreign exchange	(48)	(279)	2,410
Balance, end of year		3,145	4,547	5,880

The Company has approximately $10,847 (December 31, 2011 - $10,628) in Canadian scientific expenditures, which can be carried forward indefinitely to reduce future years' taxable income. The Company also has approximately $958 and $71 (December 31, 2011 – $1,003 and $390) in Canadian and U.S. scientific research investment tax credits and $166 (December 31, 2011 - $166) in Massachusetts research and development tax credits, which will expire in varying amounts up to 2029.

The Company has Canadian and U.S. federal non-capital loss carry-forwards of approximately $28,821 and $11,517, respectively, as at December 29, 2012 (December 31, 2011 - $25,790 and $7,743, respectively). The Company also has state loss carry-forwards of approximately $11,311 as at December 29, 2012 (December 31, 2011 - $8,842). The amounts are available to reduce future federal and provincial/state income taxes. Non-capital loss carry-forwards attributable to Canadaand the U.S. expire in varying amounts over the next 20 years.

The Company has Canadian capital losses of approximately $845 as at December 29, 2012 (December 31, 2011 - $655) for which a full valuation allowance exists. These amounts are available to reduce future capital gains and do not expire.

The Company records net deferred tax assets to the extent it believes these assets will more likely than not be realized. In making such determinations, the Company considers all available positive and negative evidence, including future reversals of existing temporary differences, projected future taxable income, tax planning strategies and recent financial operations. Based on this evaluation, a valuation allowance of $1,563 (December 31, 2011 - $4,547) has been recorded against certain assets to reduce the net benefit recorded in the consolidated financial statements.

The Company has not provided Canadian deferred taxes on cumulative earnings of non-Canadian affiliates and associated companies that have been reinvested indefinitely. Deferred taxes are provided for earnings of non-Canadian affiliates and associated companies when the Company determines that such earnings are no longer indefinitely reinvested.

The Company believes it has adequately examined its tax positions taken or expected to be taken in a tax return; however, amounts asserted by taxing authorities could differ from the Company's positions. Accordingly, additional provisions on federal, provincial, state and foreign tax-related matters could be recorded in the future as revised estimates are made or the underlying matters are settled or otherwise resolved. A reconciliation of the beginning and ending amount of unrecognized tax benefits (excluding interest and penalties) is presented below.

	December 29, 2012	December 31, 2011
	$	$
Balance, beginning of year	2,568	2,568
Additions based on tax positions related to the current year	189	-
Balance, end of year	2,757	2,568

The Company's unrecognized tax benefits largely include a possible reduction to prior year losses for U.S. exposures relating to the deductibility of certain interest amount accrued. The Company believes that it is reasonably possible that a decrease in unrecognized tax benefits related to tax exposures in the U.S. may be necessary as statute limitations lapse beginning in 2015.

Consistent with its historical financial reporting, the Company has classified interest and penalties related to income tax liabilities, when applicable, as part of interest expense in its consolidated statements of operations. The Company recognized $nil in potential interest and penalties associated with unrecognized tax benefits for the year ended December 29, 2012(December 31, 2011 - $nil). The unrecognized tax benefits have been recorded as a reduction of long-term deferred tax assets. All of the unrecognized tax benefits could impact the Company's effective tax rate if recognized.

The number of years with open tax audits varies depending on the tax jurisdiction. The Company's major taxing jurisdictions include Canada, Ontario, the U.S. (including multiple states), and the Netherlands. The Company's 2007 through 2011 tax years (and any tax year for which available non-capital loss carry-forwards were generated up to the amount of non-capital loss carry-forward) remain subject to examination by the Internal Revenue Service for U.S. federal tax purposes, and the 2005 through 2011 tax years remain subject to examination by the appropriate governmental agencies for Canadian federal tax purposes. There are other ongoing audits in various other jurisdictions that are not considered material to the Company's consolidated financial statements.

XML

Property plant and equipment (Tables)

12 Months Ended

Dec. 29, 2012

Property, Plant and Equipment, Net, by Type [Abstract]

Property Plant And Equipment [Text Block]

	December 29, 2012
	Cost	Accumulated depreciation	Net book value
	$	$	$
Land	7,659	-	7,659
Buildings	59,388	15,793	43,595
Machinery and equipment	153,204	69,841	83,363
Enterprise software	7,164	5,878	1,286
Office furniture and equipment	7,581	4,897	2,684
Vehicles	6,028	4,036	1,992
	241,024	100,445	140,579
	December 31, 2011
	Cost	Accumulated depreciation	Net book value
	$	$	$
Land	6,256	-	6,256
Buildings	47,498	13,044	34,454
Machinery and equipment	135,542	61,325	74,217
Enterprise software	6,818	5,220	1,598
Office furniture and equipment	6,238	4,163	2,075
Vehicles	5,352	3,368	1,984
	207,704	87,120	120,584

XML

Supplemental cash flow information (Narrative) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011	Dec. 31, 2009
Restricted Cash and Cash Equivalents Items [Line Items]
Cash and cash equivalents	$ 6,840	$ 2,378	$ 2,335	$ 1,752
Opta Minerals Inc [Member]
Restricted Cash and Cash Equivalents Items [Line Items]
Cash and cash equivalents	$ 3,966	$ 698

XML

Supplemental cash flow information

12 Months Ended

Dec. 29, 2012

Supplemental Cash Flow Elements [Abstract]

Cash Flow Supplemental Disclosures Text Block

17. Supplemental Cash Flow Information

			December 29, 2012	December 31, 2011	January 1, 2011
			$	$	$
Changes in non-cash working capital, net of
	businesses acquired:
		Accounts receivable	(18,904)	4,632	(9,303)
		Inventories	(19,180)	(39,687)	(38,334)
		Income tax recoverable	2,395	(1,249)	1,201
		Prepaid expenses and other current assets	3,409	4,532	(10,456)
		Accounts payable and accrued liabilities	9,541	(10,254)	18,726
		Customer and other deposits	3,901	(2,143)	1,816
			(18,838)	(44,169)	(36,350)
Cash paid for:
	Interest		8,541	7,632	8,993
	Income taxes		6,304	7,256	2,105

As at December 29, 2012, cash and cash equivalents included $3,966(December 31, 2011 - $698) that is specific to Opta Minerals and cannot be utilized by the Company for general corporate purposes.

XML

Property plant and equipment (Details) (USD $) In Thousands, unless otherwise specified	Dec. 29, 2012	Dec. 31, 2011
Property, Plant and Equipment [Line Items]
Cost	$ 241,024	$ 207,704
Accumulated depreciation	100,445	87,120
Net book value	140,579	120,584
Land [Member]
Property, Plant and Equipment [Line Items]
Cost	7,659	6,256
Accumulated depreciation	0	0
Net book value	7,659	6,256
Buildings [Member]
Property, Plant and Equipment [Line Items]
Cost	59,388	47,498
Accumulated depreciation	15,793	13,044
Net book value	43,595	34,454
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Cost	153,204	135,542
Accumulated depreciation	69,841	61,325
Net book value	83,363	74,217
Enterprise Software [Member]
Property, Plant and Equipment [Line Items]
Cost	7,164	6,818
Accumulated depreciation	5,878	5,220
Net book value	1,286	1,598
Office Furniture and Equipment [Member]
Property, Plant and Equipment [Line Items]
Cost	7,581	6,238
Accumulated depreciation	4,897	4,163
Net book value	2,684	2,075
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Cost	6,028	5,352
Accumulated depreciation	4,036	3,368
Net book value	$ 1,992	$ 1,984

XML

Statement of Cash Flows (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011
Operating Activities
Earnings	$ 25,767	$ 6,932	$ 62,434
Earnings (loss) from discontinued operations	1,256	(10,934)	44,431
Earnings from continuing operations	24,511	17,866	18,003
Items not affecting cash
Depreciation and amortization	20,226	17,809	16,471
Unrealized (gain) loss on foreign exchange	(169)	(268)	(977)
Deferred income taxes	1,981	3,993	3,513
Stock-based compensation	2,753	2,090	2,764
Impairment of long-lived assets (note 14)	0	358	7,984
Unrealized Gain (Loss) on Derivatives Instrument	(695)	839	(1,503)
Loss (gain) on sale of property, plant and equipment	51	(3,201)	59
Other	1,215	693	24
Changes in non-cash working capital, net of business acquired	(18,838)	(44,169)	(36,350)
Net cash flows from operations - continuing operations	31,035	(3,990)	9,988
Net cash flows from operations - discontinued operations	(58)	(1,602)	(8,680)
Net Cash Provided by (Used in) Operating Activities, Total	30,977	(5,592)	1,308
Investing activities
Acquisition of businesses, net of cash acquired	(30,044)	(5,461)	(43,761)
Purchases of property, plant and equipment	(24,251)	(17,220)	(19,183)
Increase in restricted cash	(6,595)	0	0
Proceeds from sale of property, plant and equipment	50	4,528	36
Purchases of intangible assets	(128)	(58)	(561)
Payment of contingent consideration	(477)	(233)	(1,388)
Other	(436)	(949)	328
Net cash flows from investing activities - continuing operations	(61,881)	(19,393)	(64,529)
Net cash flows from investing activities - discontinued operations	12,134	(423)	51,682
Net Cash Provided by (Used in) Investing Activities, Total	(49,747)	(19,816)	(12,847)
Financing activities
Increase under line of credit facilities	65,813	36,503	14,328
Repayment of line of credit facilities	(45,296)	0	0
Borrowings under long term debt	59,992	4,825	30,217
Repayment of long-term debt	(55,484)	(17,968)	(52,423)
Financing costs	(2,564)	(186)	(642)
Proceeds from issuance of common shares	787	1,155	1,883
Other	(81)	916	(169)
Net cash flows from financing activities - continuing operations	23,167	25,245	(6,806)
Foreign exchange gain (loss) on cash held in a foreign currency	65	(102)	265
Increase (decrease) in cash and cash equivalents during the period	4,462	(265)	(18,080)
Discontinued operations cash activity included above:
Add: Balance included at beginning of period	0	(308)	18,971
Less: Balance included at end of period	0	0	(308)
Cash and cash equivalents - beginning of the period	2,378	2,335	1,752
Cash and cash equivalents - end of the period	$ 6,840	$ 2,378	$ 2,335

XML

Statement of Comprehensive Income (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011
Consolidated Statements of Comprehensive Earnings
Earnings from continuing operations	$ 24,511	$ 17,866	$ 18,003
Earnings (loss) from discontinued operations, net of income taxes	1,256	(10,934)	44,431
Earnings	25,767	6,932	62,434
Currency translation adjustment	741	(796)	(3,002)
Change in fair value of interest rate swap, net of income taxes	(87)	440	351
Adjustment due to pensions	0	0	588
Other comprehensive earnings (loss), net of income taxes	654	(356)	(2,063)
Comprehensive earnings	26,421	6,576	60,371
Comprehensive earnings attributable to non-controlling interests	1,683	1,731	779
Comprehensive earnings attributable to SunOpta Inc	$ 24,738	$ 4,845	$ 59,592

XML

Accounts payable and accrued liabilities

12 Months Ended

Dec. 29, 2012

Payables and Accruals [Abstract]

Accounts Payable and Accrued Liabilities Disclosure [Text Block]

10. Accounts Payable and Accrued Liabilities

	December 29, 2012	December 31, 2011
	$	$
Accounts payable	86,297	78,151
Payroll and commissions	10,389	9,362
Accrued grain liabilities	20,931	14,616
Other accruals	10,927	12,179
	128,544	114,308

XML

Segment reporting (Table) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	$ 1,091,064	$ 1,019,871	$ 831,677
Segment operating income (loss)	46,972	33,769	45,184
Other expense (income), net	2,194	(2,832)	10,309
Interest Expense	9,333	8,839	9,749
Provision for income taxes	10,934	9,896	7,123
Earnings from continuing operations	24,511	17,866	18,003
Assets	707,310	631,503
Property, Plant and Equipment	140,579	120,584
Goodwill	57,414	49,387	48,174
Segment Reporting Information, Expenditures for Additions to Long-Lived Assets	24,548	19,914	17,461
US
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	851,172	767,887	637,658
Assets	285,017	288,767
Property, Plant and Equipment	114,614	108,326
Goodwill	41,281	41,256
CA
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	59,613	48,771	36,424
Assets	250,501	227,380
Property, Plant and Equipment	13,326	8,767
Goodwill	7,666	0
Europe And Other [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	180,279	203,213	157,595
Assets	171,792	115,356
Property, Plant and Equipment	12,639	3,491
Goodwill	8,467	8,131
SunOpta Foods [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	964,413	926,751	750,809
Segment operating income (loss)	42,911	34,958	49,549
Assets	515,175	465,523	449,884
Amortization	13,677	12,827	11,271
Goodwill	42,497	42,161	41,842
Segment Reporting Information, Expenditures for Additions to Long-Lived Assets	21,232	14,377	15,025
SunOpta Foods [Member] | US
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	775,373	704,179	582,945
SunOpta Foods [Member] | CA
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	30,370	33,494	21,557
SunOpta Foods [Member] | Europe And Other [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	158,670	189,078	146,307
Opta Minerals Inc Segment [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	126,651	93,120	80,868
Segment operating income (loss)	10,062	7,577	7,753
Assets	141,418	92,812	87,853
Amortization	5,731	4,207	4,099
Goodwill	14,917	7,226	6,332
Segment Reporting Information, Expenditures for Additions to Long-Lived Assets	2,504	4,901	1,580
Opta Minerals Inc Segment [Member] | US
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	75,799	63,708	54,713
Opta Minerals Inc Segment [Member] | CA
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	29,243	15,277	14,867
Opta Minerals Inc Segment [Member] | Europe And Other [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	21,609	14,135	11,288
Corporate Segment [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Segment operating income (loss)	(6,001)	(8,766)	(12,118)
Assets	50,717	54,506	48,974
Amortization	818	775	1,101
Goodwill	0	0	0
Segment Reporting Information, Expenditures for Additions to Long-Lived Assets	812	636	856
Grains And Foods [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	524,659	479,195	364,905
Segment operating income (loss)	32,796	22,813	28,003
Assets	253,624	235,563	234,522
Amortization	7,283	6,894	4,894
Goodwill	19,066	19,066	19,066
Segment Reporting Information, Expenditures for Additions to Long-Lived Assets	7,755	9,182	6,038
Grains And Foods [Member] | US
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	456,804	396,279	302,073
Grains And Foods [Member] | CA
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	14,695	14,167	6,474
Grains And Foods [Member] | Europe And Other [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	53,160	68,749	56,358
Ingredients [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	82,544	91,074	116,529
Segment operating income (loss)	3,464	7,083	18,870
Assets	54,198	61,426	59,846
Amortization	2,613	2,454	2,159
Goodwill	12,030	12,030	12,030
Segment Reporting Information, Expenditures for Additions to Long-Lived Assets	2,114	1,985	7,754
Ingredients [Member] | US
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	74,176	80,861	104,745
Ingredients [Member] | CA
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	5,325	6,957	8,492
Ingredients [Member] | Europe And Other [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	3,043	3,256	3,292
Consumer Products [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	181,022	165,239	134,768
Segment operating income (loss)	(982)	(3,978)	(1,302)
Assets	80,097	64,818	71,307
Amortization	2,744	2,478	3,291
Goodwill	2,934	2,934	2,346
Segment Reporting Information, Expenditures for Additions to Long-Lived Assets	4,033	2,940	939
Consumer Products [Member] | US
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	178,121	161,339	129,240
Consumer Products [Member] | CA
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	1,579	3,057	4,551
Consumer Products [Member] | Europe And Other [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	1,322	843	977
International Foods [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	176,188	191,243	134,607
Segment operating income (loss)	7,633	9,040	3,978
Assets	127,256	103,716	84,209
Amortization	1,037	1,001	927
Goodwill	8,467	8,131	8,400
Segment Reporting Information, Expenditures for Additions to Long-Lived Assets	7,330	270	294
International Foods [Member] | US
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	66,272	65,700	46,887
International Foods [Member] | CA
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	8,771	9,313	2,040
International Foods [Member] | Europe And Other [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	$ 101,145	$ 116,230	$ 85,680

XML

Income taxes (Unrecognized tax benefits) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011
Income Tax Disclosure [Abstract]
Unrecognized Tax Benefits	$ 2,568	$ 2,568
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions	189	0
Unrecognized Tax Benefits	$ 2,757	$ 2,568

XML

Income taxes (Components of deferred taxes) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011
Deferred Tax Assets, Net	$ (11,906)	$ (7,749)	$ (8,049)
US
Deferred Tax Assets, Net	(16,721)	(16,009)	(16,136)
CA
Deferred Tax Assets, Net	7,848	11,278	10,451
Europe And Other [Member]
Deferred Tax Assets, Net	$ (3,033)	$ (3,018)	$ (2,364)

XML

Document and Entity Information (USD $)	12 Months Ended
	Dec. 29, 2012	Mar. 01, 2013	Jun. 30, 2012
Document And Entity Information [Abstract]
Document Type	10-K
Document Period End Date	Dec. 29, 2012
Amendment Flag	false
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	FY
Entity Registrant Name	SunOpta Inc.
Entity Central Index Key	0000351834
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Current Fiscal Year End Date	--12-29
Entity Filer Category	Accelerated Filer
Entity Well Known Seasoned Issuer	No
Entity Public Float			$ 369,782,539
Entity Common Stock Shares Outstanding		66,123,796

XML

Bank indebtedness and long-term debt

12 Months Ended

Dec. 29, 2012

Debt Disclosure [Abstract]

Bank Indebtedness And Long Term Debt [Text Block]

11. Bank Indebtedness and Long-Term Debt

		December 29, 2012	December 31, 2011
		$	$
Bank indebtedness:
	Canadian line of credit facility(1)	-	26
	U.S. line of credit facility(1)	75,700	51,617
	European credit facilities(2)	44,611	-
	TOC line of credit facilities(2)	-	50,310
	Opta Minerals revolving term credit facility(3)	10,750	-
	Opta Minerals Canadian line of credit facility(3)	-	7,765
		131,061	109,718
Long-term debt:
	Non-revolving real estate term facility(1)	-	12,133
	Non-revolving machinery and equipment term facility(1)	-	11,078
	Opta Minerals non-revolving term credit facility(3)	50,315	-
	Opta Minerals term loan facility(3)	-	6,392
	Opta Minerals revolving acquisition facility(3)	-	12,420
	Lease obligations(4)	7,219	786
	Promissory notes(5)	-	8,744
	Other	664	711
		58,198	52,264
	Less: current portion	6,925	35,198
		51,273	17,066

(1) Syndicated credit facilities

The syndicated credit facilities support the core North American food operations of the Company.

On July 27, 2012, the Company entered into an amended and restated credit agreement with a syndicate of lenders. The amended agreement provides secured revolving credit facilities of Cdn $10,000 (or the equivalent U.S. dollar amount) and $165,000, as well as an additional $50,000 in availability upon the exercise of an uncommitted accordion feature. The maximum availability on these facilities is based on a borrowing base that includes certain accounts receivable and inventories of the Company's North American businesses as defined in the credit agreement. These facilities mature on July 27, 2016, with the outstanding principal amount repayable in full on the maturity date. The facilities replaced the Company's previous line of credit facilities of Cdn $10,000 and $115,000, and refinanced non-revolving term facilities totalling approximately $21,000, which were due to mature on October 30, 2012.

Interest on borrowings under these facilities accrues based on various reference rates including LIBOR, plus an applicable margin of 1.75% to 2.50%, which is set quarterly based on average borrowing availability. As at December 29, 2012, the weighted-average interest rate on the facilities was 2.46%.

These facilities are collateralized by substantially all of the assets of the Company and its subsidiaries, excluding Opta Minerals and The Organic Corporation (“TOC”).

(2)       European credit facilities

The European credit facilities support the global sourcing, supply and processing capabilities of the International Foods Group.

On September 25, 2012, TOC and certain of its subsidiaries entered into a credit facilities agreement with two lenders, which provides for a €45,000 revolving credit facility covering working capital needs and a €3,000 pre-settlement facility covering currency hedging requirements. The revolving credit facility is secured by the working capital of TOC and certain of its subsidiaries. A portion of the revolving credit facility was used to repay an existing €35,000 line of credit facility of TOC, as well as an additional €5,000 in borrowings that were secured by a letter of credit drawn on the Company's syndicated credit facilities. The revolving credit facility and pre-settlement facility are due on demand with no set maturity date, and the credit limit may be extended or adjusted upon approval of the lenders. Interest costs under the facilities accrue based on either a loan margin of 1.75% or an overdraft margin of 1.85% plus the cost of funds as set by each of the lenders on a periodic basis. The cost of funds as set by the lenders was 0.11%at December 29, 2012.

On March 26, 2012, TOC entered into a €4,990 credit facility to pre-finance the construction of equipment for a cocoa processing facility to be located in Middenmeer, the Netherlands. As of December 29, 2012, €3,493 of this facility had been utilized to fund the construction in process. Interest on borrowings under this facility accrues at 3.8%. Upon completion of the assets under construction, borrowings under this facility will be repaid through a long-term lease facility (as described below under (4)).

(3)        Opta Minerals credit facilities

These credit facilities are specific to the operations of Opta Minerals.

On July 24, 2012, Opta Minerals amended its credit agreement dated May 18, 2012, to provide for a Cdn $20,000 revolving term credit facility (reducing to Cdn $15,000 on January 1, 2013) and a Cdn $52,500 non-revolving term credit facility. The revolving term credit facility matures on August 14, 2013, with the outstanding principal amount repayable in full on the maturity date. The first tranche of the non-revolving term credit facility, in the amount of Cdn $37,500, was used by Opta Minerals to refinance borrowings under its existing term loan and revolving acquisition facilities. The principal is repayable in equal quarterly installments of approximately Cdn $938. The second tranche of Cdn $15,000 was primarily used to fund the acquisition of WGI (see note 2), with the principal being repayable in equal quarterly installments of Cdn $375. Opta Minerals may be required to make additional repayments on the non-revolving term credit facility if certain financial ratios are not met. The non-revolving term credit facility matures on May 18, 2017, with the remaining outstanding principal amount repayable in full on the maturity date.

Interest on the borrowings under these facilities accrue at the borrower's option based on various reference rates including LIBOR, plus an applicable margin of 2.00% to 3.50% based on certain financial ratios of Opta Minerals. Opta Minerals utilizes an interest rate swap to hedge the interest payments on a portion of the borrowings under the non-revolving term credit facility(see note 4). As at December 29, 2012, the weighted-average interest rate on the amended credit facilities was 5.5%, after taking into account the related interest rate hedging activities.

The credit facilities are collateralized by a first priority security interest on substantially all of the assets of Opta Minerals.

(4)       Lease obligations

On October 1, 2012, TOC entered into a €4,990 ($6,595) lease facility to provide for long-term financing on equipment for the cocoa processing facility in the Netherlands. Interest on thisfacility accrues at an effective rate of 5.9% and the facility matures on October 1, 2019. Principal and accrued interest is repayable in equal monthlyinstallments of €73. Borrowings under this facility are recorded as restricted cash on the consolidated balance sheet at December 29, 2012, as this amount will be applied to the repayment of the credit facility used to pre-finance the construction of the equipment (as described above under (2)).

The Company has other obligations under capital leases that are repayable over a weighted-average term of 3.5 years, with a weighted-average interest rate of 5.1%.

(5)       Promissory notes

The promissory notes were issued principally in connection with the Company's acquisition of TOC in April 2008. As at December 31, 2011, the weighted-average interest rate on the promissory notes was 5.4%. During the year ended December 29, 2012, the remaining balance owing on these notes, including accrued interest, was paid to the former shareholders of TOC.

Principal repayments of long-term debt are as follows:

	$
2013	6,925
2014	6,557
2015	6,241
2016	6,251
2017	6,283
Thereafter	25,941
	58,198

Interest expense (includingstandby fees and the amortization of deferred financing costs) and interest income areas follows:

	December 29, 2012	December 31, 2011	January 1, 2011
	$	$	$
Interest expense	9,602	9,086	9,950
Interest income	(269)	(247)	(201)
Interest expense, net	9,333	8,839	9,749

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Employee future benefit (Details) (Organic Corporation [Member], USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011
Organic Corporation [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan Contributions By Employer And Plan Participants	$ 327	$ 302
Defined Benefit Plan, Fair Value of Plan Assets	1,612	761
Defined Benefit Plan, Benefit Obligation	2,136	1,267
Defined Benefit Plan Future Service Lives	31 years
Pension and Other Postretirement Defined Benefit Plans, Liabilities	524	506
Defined Benefit Plan, Net Periodic Benefit Cost	$ 289	$ 217	$ 173

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Income taxes (Deferred income taxes) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011	Dec. 31, 2009
Income Tax Disclosure [Abstract]
Deferred Tax Assets Property Plant And Equipment Intangibles	$ (33,476)	$ (29,088)	$ (30,998)
Deferred Tax Assets Capital And Non Capital Loss Carryforwards	16,076	16,240	26,651
Deferred Tax Assets, Tax Credit Carryforwards, Research	5,086	4,908	3,513
Deferred Tax Assets Share Issuance Costs	368	191	(2,072)
Deferred Tax Assets, Inventory	1,944	2,423	3,020
Deferred Tax Assets, Other	1,241	2,124	(2,283)
Deferred Tax Assets, Gross	(8,761)	(3,202)	(2,169)
Valuation Allowance, Amount	3,145	4,547	5,880	7,178
Deferred Tax Assets, Net, Total	$ (11,906)	$ (7,749)	$ (8,049)

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Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Dec. 29, 2012	Dec. 31, 2011
Current assets
Cash and cash equivalents	$ 6,840	$ 2,378
Restricted cash	6,595	0
Accounts receivable	113,314	88,898
Inventories	255,738	228,455
Prepaid expenses and other current assets	20,538	21,378
Current income taxes recoverable	1,814	1,503
Deferred income taxes	2,653	4,773
Current assets held for sale	0	17,923
Assets, Current, Total	407,492	365,308
Investments	33,845	33,845
Property, Plant and Equipment	140,579	120,584
Goodwill	57,414	49,387
Intangible Assets	52,885	48,035
Deferred income taxes	12,879	11,751
Other assets	2,216	1,854
Non-current assets held for sale	0	739
Assets, Total	707,310	631,503
Current liabilities
Bank indebtedness	131,061	109,718
Accounts payable and accrued liabilities	128,544	114,308
Customer and other deposits	4,734	843
Income taxes payable	4,125	1,229
Other current liabilities	2,660	1,419
Current portion of long-term debt	6,925	35,198
Current portion of long-term liabilities	1,471	995
Current liabilities held for sale	0	5,920
Liabilities, Current, Total	279,520	269,630
Long-term debt	51,273	17,066
Long-term liabilities	5,544	5,586
Deferred income taxes	27,438	24,273
Liabilities, Total	363,775	316,555
Sunopta Inc Shareholders Equity [Abstract]
Common shares, no par value, unlimited shares authorized, 66,007,236 shares issued (December 31, 2011 - 65,796,398)	183,027	182,108
Additional paid in capital	16,855	14,134
Retained earnings	124,732	100,508
Accumulated other comprehensive income	1,537	2,382
Stockholders' Equity Attributable to Parent, Total	326,151	299,132
Non-controlling interest	17,384	15,816
Total equity	343,535	314,948
Liabilities and Equity, Total	707,310	631,503
Commitments and contingencies

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Accounts receivable

12 Months Ended

Dec. 29, 2012

Receivables [Abstract]

Loans Notes Trade And Other Receivables Disclosure [Text Block]

5. Accounts Receivable

	December 29, 2012	December 31, 2011
	$	$
Trade receivables	115,737	90,494
Allowance for doubtful accounts	(2,423)	(1,596)
	113,314	88,898

The change in the allowance for doubtful accounts provision for the years ended December 29, 2012 and December 31, 2011 is comprised as follows:

	December 29, 2012	December 31, 2011
	$	$
Balance, beginning of year	1,596	1,449
Net additions to provision	1,639	870
Accounts receivable written off, net of recoveries	(844)	(629)
Effects of foreign exchange rate differences	32	(94)
Balance, end of year	2,423	1,596

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Derivative financial instruments and fair value measurement

12 Months Ended

Dec. 29, 2012

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Derivatives and Fair Value [Text Block]

			December 29, 2012
			Fair value
			asset (liability)	Level 1	Level 2	Level 3
			$	$	$	$
(a)	Commodity futures and forward contracts(1)
		Unrealized short-term derivative asset	3,184	690	2,494	-
		Unrealized long-term derivative asset	93	-	93	-
		Unrealized short-term derivative liability	(1,623)	-	(1,623)	-
		Unrealized long-term derivative liability	(43)	-	(43)	-
(b)	Inventories carried at market(2)		15,426	-	15,426	-
(c)	Interest rate swap(3)		(396)	-	(396)	-
(d)	Forward foreign currency contracts(4)		(327)	-	(327)	-
(e)	Contingent consideration(5)		(4,398)	-	-	(4,398)
			December 31, 2011
			Fair value
			asset (liability)	Level 1	Level 2	Level 3
			$	$	$	$
(a)	Commodity futures and forward contracts(1)
		Unrealized short-term derivative asset	2,125	34	2,091	-
		Unrealized long-term derivative asset	271	-	271	-
		Unrealized short-term derivative liability	(1,410)	-	(1,410)	-
		Unrealized long-term derivative liability	(70)	-	(70)	-
(b)	Inventories carried at market(2)		12,685	-	12,685	-
(c)	Interest rate swap(3)		(256)	-	(256)	-
(d)	Forward foreign currency contracts(4)		(149)	-	(149)	-
(e)	Contingent consideration(5)		(4,456)	-	-	(4,456)

(1)Unrealized short-term derivative asset is included in prepaid expenses and other current assets, unrealized long-term derivative asset is included in other assets, unrealized short-term derivative liability is included in other current liabilities and unrealized long-term derivative liability is included in long-term liabilities on the consolidated balance sheets.

(2)       Inventories carried at market are included in inventories on the consolidated balance sheets.

(3)       The interest rate swap is included in long-term liabilities on the consolidated balance sheets.

(4)       The forward foreign currency contracts are included in accounts receivable on the consolidated balance sheets.

(5)       Contingent consideration obligations are included in long-term liabilities (including the current portion thereof) on the consolidated balance sheets.

(a)Commodity futures and forward contracts

The Company's derivative contracts that are measured at fair value include exchange-traded commodity futures and forward commodity purchase and sale contracts. Exchange-traded futures are valued based on unadjusted quotes for identical assets priced in active markets and are classified as level 1. Fair value for forward commodity purchase and sale contracts is estimated based on exchange-quoted prices adjusted for differences in local markets. Local market adjustments use observable inputs or market transactions for similar assets or liabilities, and, as a result, are classified as level 2. Based on historical experience with the Company's suppliers and customers, the Company's own credit risk, and the Company's knowledge of current market conditions, the Company does not view non-performance risk to be a significant input to fair value for the majority of its forward commodity purchase and sale contracts.

These exchange-traded commodity futures and forward commodity purchase and sale contracts are used as part of the Company's risk management strategy, and represent economic hedges to limit risk related to fluctuations in the price of certain commodity grains, as well as the price of cocoa. These derivative instruments are not designated as hedges for accounting purposes. A $695gainfor the year ended December 29, 2012and a loss of $839 for the year ended December31, 2011wererecorded in cost of goods sold on the consolidated statements of operations related to changes in the fair value of these derivatives.

At December 29, 2012, the notional amounts of open corn and soybean commodity futures and forward purchase and sale contracts were as follows (in thousands of bushels):

	Number of bushels
	purchase (sale)
	Corn	Soybeans
Forward commodity purchase contracts	886	448
Forward commodity sale contracts	(709)	(675)
Commodity futures contracts	(481)	(256)

In addition, as at December 29, 2012, the Company had open forward contracts to sell 64 lots of cocoa.

(b) Inventories carried at market

Grains inventory carried at fair value is determined using quoted market prices from the CBoT. Estimated fair market values for grains inventory quantities at period end are valued using the quoted price on the CBoT adjusted for differences in local markets, and broker or dealer quotes. These assets are placed in level 2 of the fair value hierarchy, as there are observable quoted prices for similar assets in active markets. Gains and losses on commodity grains inventory are included in cost of sales on the consolidated statements of operations. At December 29, 2012, the Company had 290,028 bushels of commodity corn and 502,256 bushels of commodity soybeans in inventories carried at market.

(c) Interest rate swap

As at December 29, 2012, Opta Minerals held an interest rate swapwith a notional value of Cdn $32,200 to pay a fixed rate of 1.85%, plus a margin of 2.0% to 3.5% based on certain financial ratios of Opta Minerals, and receive a variable rate based on various reference rates including prime, bankers' acceptances or LIBOR, plus the same margin, until February 2017. The net notional value decreases in accordance with the quarterly principal repayments on the Opta Minerals' non-revolving term credit facility (see note 11).

At each period end, the Company calculates the mark-to-market fair value of the interest rate swap using a valuation technique using quoted observable prices for similar instruments as the primary input. Based on this valuation, the previously recorded fair value is adjusted to the current marked-to-market position. The marked-to-market gain or loss is placed in level 2 of the fair value hierarchy. As the interest rate swap is designated as a cash flow hedge for accounting purposes, gains and losses on changes in the fair value of this derivative instrument is included on the consolidated statements of comprehensive earnings.For the year ended December 29, 2012, a $140loss (December 31, 2011 –gain of $635; January 1, 2011 – gain of $496), net of income tax benefits of $53 (December 31, 2011 –income tax expense of $195; January 1, 2011 – income tax expense of $145), was recorded in other comprehensive earnings.

(d) Foreign forward currency contracts

As part of its risk management strategy, the Company enters into forward foreign exchange contracts to reduce its exposure to fluctuations in foreign currency exchange rates. For any open forward foreign exchange contracts at period end, the contract rate is compared to the forward rate, and a gain or loss is recorded. These contracts are placed in level 2 of the fair value hierarchy, as the inputs used in making the fair value determination are derived from and are corroborated by observable market data. While these forward foreign exchange contracts typically represent economic hedges that are not designated as hedging instruments, certain of these contracts may be designated as hedges. At December 29, 2012 the Company had open forward foreign exchange contracts with a notional value of €5,197and $7,116 that resulted in an unrealized loss of $327, which is included in foreign exchange gain on the consolidated statements of operations.

(e) Contingent consideration

The fair value measurement of contingent consideration arising from business acquisitions (see note 2) is determined using unobservable (level 3) inputs. These inputs include (i) the estimated amount and timing of the projected cash flowson which the contingency is based; and (ii) the risk-adjusted discount rate used to present value those cash flows.

For the year ended December 29, 2012, the change in the fair value of the contingent consideration liability reflected the net addition related to the acquisition-date fair values of the contingent consideration arising from the acquisitions of Babco and Inland of $421 in the aggregate (see note 2) and the payment of $477 in the aggregate to the former owners of Edner and Dahlgren.

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Earnings per share

12 Months Ended

Dec. 29, 2012

Earnings Per Share Abstract

Earnings Per Share Text Block

16. Earnings (Loss) Per Share

Earnings (loss) per share were calculated as follows:

		December 29, 2012		December 31, 2011		January 1, 2011
Earnings from continuing operations
	attributable to SunOpta Inc.	$	22,968	$	16,230	$	16,635
Earnings (loss) from discontinued operations,
	net of taxes		1,256		(10,934)		44,431
Earnings attributable to SunOpta Inc.		$	24,224	$	5,296	$	61,066
Basic weighted-average number of shares
	outstanding		65,897,969		65,644,372		65,179,067
Dilutive potential of the following:
	Employee/director stock options		551,723		705,332		663,506
	Warrants		161,705		233,445		185,705
Diluted weighted-average number of shares
	outstanding		66,611,397		66,583,149		66,028,278
Earnings (loss) per share - basic:
	- from continuing operations	$	0.35	$	0.25	$	0.26
	- from discontinued operations		0.02		(0.17)		0.68
		$	0.37	$	0.08	$	0.94
Earnings (loss) per share - diluted:
	- from continuing operations	$	0.34	$	0.24	$	0.25
	- from discontinued operations		0.02		(0.16)		0.67
		$	0.36	$	0.08	$	0.92

For the years ended December 29, 2012,December 31, 2011 and January 1, 2011, options to purchase 2,045,200, 1,355,700 and 837,900common shares, respectively, have been excluded from the calculations of diluted earnings per share due to their anti-dilutive effect.

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Employee future benefits

12 Months Ended

Dec. 29, 2012

Compensation and Retirement Disclosure [Abstract]

Pension and Other Postretirement Benefits Disclosure [Text Block]

12. Employee Future Benefits

TOC maintains a defined benefit pension plan for its employees. Contributionsmade to the plan by TOC and its employees totaled $327 and $302 for the years ended December 29, 2012 and December 31, 2011, respectively. As at December 29, 2012, the fair value of the plan assets amounted to $1,612 (December 31, 2011 - $761) and the projected benefit obligation of the plan totaled $2,136 (December 31, 2011 - $1,267). As at December 29, 2012, the future service lives of plan participants was estimated to be 31 years. The net pension liabilities of $524 and $506 as of December 29, 2012 and December 31, 2011, respectively, are included in long-term liabilities on the consolidated balance sheets. The net periodic benefit cost of the plan amounted to $289, $217 and $173 in the years ended December 29, 2012, December 31, 2011 and January 1, 2011, respectively.

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Capital stock (Employee director stock options outstanding) (Details) (USD $)				12 Months Ended			12 Months Ended			12 Months Ended			12 Months Ended			12 Months Ended			12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Dec. 29, 2012 2013	Dec. 29, 2012 2013 Minimum [Member]	Dec. 29, 2012 2013 Maximum [Member]	Dec. 29, 2012 2014	Dec. 29, 2012 2014 Minimum [Member]	Dec. 29, 2012 2014 Maximum [Member]	Dec. 29, 2012 2015	Dec. 29, 2012 2015 Minimum [Member]	Dec. 29, 2012 2015 Maximum [Member]	Dec. 29, 2012 2016	Dec. 29, 2012 2016 Minimum [Member]	Dec. 29, 2012 2016 Maximum [Member]	Dec. 29, 2012 2017	Dec. 29, 2012 2017 Minimum [Member]	Dec. 29, 2012 2017 Maximum [Member]	Dec. 29, 2012 2022	Dec. 29, 2012 2022 Minimum [Member]	Dec. 29, 2012 2022 Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Lower Range Limit				$ 12.31			$ 4.06			$ 0.91			$ 4.45			$ 4.88			$ 5.14
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Upper Range Limit					$ 13.75			$ 13.35			$ 1.92			$ 5.62			$ 7.72			$ 5.73
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number			155,500			228,800			297,940			182,900			163,600			0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price	$ 5.55		$ 12.57			$ 5.59			$ 1.65			$ 4.49			$ 7.07
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	3,687,500	2,656,060	155,500			292,100			564,900			485,000			818,000			1,372,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$ 5.46	$ 5.51	$ 12.57			$ 5.59			$ 1.66			$ 4.49			$ 7.07			$ 5.56

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Property, plant and equipment

12 Months Ended

Dec. 29, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

8. Property, Plant and Equipment

	December 29, 2012
	Cost	Accumulated depreciation	Net book value
	$	$	$
Land	7,659	-	7,659
Buildings	59,388	15,793	43,595
Machinery and equipment	153,204	69,841	83,363
Enterprise software	7,164	5,878	1,286
Office furniture and equipment	7,581	4,897	2,684
Vehicles	6,028	4,036	1,992
	241,024	100,445	140,579
	December 31, 2011
	Cost	Accumulated depreciation	Net book value
	$	$	$
Land	6,256	-	6,256
Buildings	47,498	13,044	34,454
Machinery and equipment	135,542	61,325	74,217
Enterprise software	6,818	5,220	1,598
Office furniture and equipment	6,238	4,163	2,075
Vehicles	5,352	3,368	1,984
	207,704	87,120	120,584

Included in machinery and equipment as at December 29, 2012 is $13,475 (December 31, 2011 - $8,016) representing construction in process assets which were not being depreciated as they had not yet reached the stage of commercial viability. Also included in machinery and equipment as at December 29, 2012is equipment under capital leases with a cost of $1,132 (December 31, 2011 - $1,266) and a net book value of $994 (December 31, 2011 - $956).In addition, machinery and equipment includes $2,913 (December 31, 2011 - $2,618) of spare parts inventory.

Total depreciation expense included in cost of goods sold and selling, general and administrative expense on the consolidated statements of operations related to property, plant and equipment for the year ended December 29, 2012 was $15,293 (December 31, 2011 - $13,935;January 1, 2011 - $13,167).

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Derivative financial instruments and fair value measurements (Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis ) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended							12 Months Ended										12 Months Ended										12 Months Ended										12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011	Dec. 14, 2010 Edner Of Nevada [Member]	Feb. 10, 2012 Babco [Member]	Dec. 29, 2012 Fair Value, Inputs, Level 1 [Member]	Dec. 31, 2011 Fair Value, Inputs, Level 1 [Member]	Dec. 29, 2012 Fair Value, Inputs, Level 1 [Member] Interest Rate Swap [Member]	Dec. 31, 2011 Fair Value, Inputs, Level 1 [Member] Interest Rate Swap [Member]	Dec. 29, 2012 Fair Value, Inputs, Level 1 [Member] Foreign Exchange Forward [Member]	Dec. 31, 2011 Fair Value, Inputs, Level 1 [Member] Foreign Exchange Forward [Member]	Dec. 29, 2012 Fair Value, Inputs, Level 1 [Member] Other Current [Member]	Dec. 31, 2011 Fair Value, Inputs, Level 1 [Member] Other Current [Member]	Dec. 29, 2012 Fair Value, Inputs, Level 1 [Member] Other Long Term [Member]	Dec. 31, 2011 Fair Value, Inputs, Level 1 [Member] Other Long Term [Member]	Dec. 29, 2012 Fair Value, Inputs, Level 2 [Member]	Dec. 31, 2011 Fair Value, Inputs, Level 2 [Member]	Dec. 29, 2012 Fair Value, Inputs, Level 2 [Member] Interest Rate Swap [Member]	Dec. 31, 2011 Fair Value, Inputs, Level 2 [Member] Interest Rate Swap [Member]	Dec. 29, 2012 Fair Value, Inputs, Level 2 [Member] Foreign Exchange Forward [Member]	Dec. 31, 2011 Fair Value, Inputs, Level 2 [Member] Foreign Exchange Forward [Member]	Dec. 29, 2012 Fair Value, Inputs, Level 2 [Member] Other Current [Member]	Dec. 31, 2011 Fair Value, Inputs, Level 2 [Member] Other Current [Member]	Dec. 29, 2012 Fair Value, Inputs, Level 2 [Member] Other Long Term [Member]	Dec. 31, 2011 Fair Value, Inputs, Level 2 [Member] Other Long Term [Member]	Dec. 29, 2012 Fair Value, Inputs, Level 3 [Member]	Dec. 31, 2011 Fair Value, Inputs, Level 3 [Member]	Dec. 29, 2012 Fair Value, Inputs, Level 3 [Member] Interest Rate Swap [Member]	Dec. 31, 2011 Fair Value, Inputs, Level 3 [Member] Interest Rate Swap [Member]	Dec. 29, 2012 Fair Value, Inputs, Level 3 [Member] Foreign Exchange Forward [Member]	Dec. 31, 2011 Fair Value, Inputs, Level 3 [Member] Foreign Exchange Forward [Member]	Dec. 29, 2012 Fair Value, Inputs, Level 3 [Member] Other Current [Member]	Dec. 31, 2011 Fair Value, Inputs, Level 3 [Member] Other Current [Member]	Dec. 29, 2012 Fair Value, Inputs, Level 3 [Member] Other Long Term [Member]	Dec. 31, 2011 Fair Value, Inputs, Level 3 [Member] Other Long Term [Member]	Dec. 29, 2012 Fair Value, Measurements, Recurring [Member]	Dec. 31, 2011 Fair Value, Measurements, Recurring [Member]	Dec. 29, 2012 Fair Value, Measurements, Recurring [Member] Interest Rate Swap [Member]	Dec. 31, 2011 Fair Value, Measurements, Recurring [Member] Interest Rate Swap [Member]	Dec. 29, 2012 Fair Value, Measurements, Recurring [Member] Foreign Exchange Forward [Member]	Dec. 31, 2011 Fair Value, Measurements, Recurring [Member] Foreign Exchange Forward [Member]	Dec. 29, 2012 Fair Value, Measurements, Recurring [Member] Other Current [Member]	Dec. 31, 2011 Fair Value, Measurements, Recurring [Member] Other Current [Member]	Dec. 29, 2012 Fair Value, Measurements, Recurring [Member] Other Long Term [Member]	Dec. 31, 2011 Fair Value, Measurements, Recurring [Member] Other Long Term [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unrealized Derivative Gain												$ 690	$ 34	$ 0	$ 0							$ 2,494	$ 2,091	$ 93	$ 271							$ 0	$ 0	$ 0	$ 0							$ 3,184	$ 2,125	$ 93	$ 271
Unrealized Derivative Loss												0	0	0	0							(1,623)	(1,410)	(43)	(70)							0	0	0	0							(1,623)	(1,410)	(43)	(70)
Inventories Carried At Market						0	0									15,426	12,685									0	0									15,426	12,685
Unrealized Gain (Loss) on Derivatives	695	(839)	1,503					0	0	0	0							(396)	(256)	(327)	(149)							0	0	0	0							(396)	(256)	(327)	(149)
Business Acquisition, Contingent Consideration, at Fair Value				$ 3,316	$ 615	$ 0	$ 0									$ 0	$ 0									$ 4,398	$ 4,456									$ 4,398	$ 4,456

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Inventories

12 Months Ended

Dec. 29, 2012

Inventory Disclosure [Abstract]

Inventory Disclosure [Text Block]

6. Inventories

	December 29, 2012	December 31, 2011
	$	$
Raw materials and work-in-process	169,269	147,051
Finished goods	63,621	70,358
Company-owned grain	27,335	17,351
Inventory reserve	(4,487)	(6,305)
	255,738	228,455

The change in the inventory reserve for the years ended December 29, 2012 and December 31, 2011 is comprised as follows:

	December 29, 2012	December 31, 2011
	$	$
Balance, beginning of year	6,305	3,764
Additions to reserve during the year	3,458	6,905
Reserves applied and inventories written off during the year	(5,268)	(4,338)
Effect of foreign exchange rate differences	(8)	(26)
Balance, end of year	4,487	6,305

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Investments

12 Months Ended

Dec. 29, 2012

Schedule of Investments [Abstract]

Investment Holdings, Schedule of Investments [Text Block]

Mascoma Corporation

As at December 29, 2012 and December 31, 2011, the Company held an 18.7% equity ownership position in Mascoma. Mascoma is a privately-held renewable fuels company headquartered in the U.S. that has developed innovative technology for the low-cost conversion of abundant biomass. On August 31, 2010, the Company sold 100% of its ownership interest in SunOptaBioProcess to Mascoma in exchange for its equity ownership position in Mascoma (see note 3), with a carrying value of $33,345. In addition, on August 3, 2011, the Company purchased a $500 convertible subordinated note issued by Mascoma. The Company is accounting for its total investment in Mascoma using the cost method, as the Company does not have the ability to exercise significant influence over the operating and financial policies of Mascoma.

Although Mascoma has a history of recurring operating losses and negative cash flows, the Company considers the value of its investment to be predicated on the future prospects for Mascoma's products and technologies. Mascoma's ability to continue as a going concern is dependent on a number of factors, including its ability to raise additional capital to fund its operational, capital expenditure and debt service requirements, as well as to support its product-development activities. Each reporting period, the Company evaluates whether events or changes in circumstances have occurred that may have a significant adverse effect on its ability to recover the carrying value of its investment. The Company considersthe pricing of recent arms-length private offerings of Mascoma's equity securities, as well asother available information relating to Mascoma to assess the commercial viability and future earnings potential ofits products and technologies and its ability to secure additional sources of funding as required. On the basis of its overall assessment, the Company has not estimated the fair value of its investment in Mascomaas at December 29, 2012, as no events or changes in circumstances were identified that may have a significant adverse effect on fair value of the investment.

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Goodwill and intangible assets

12 Months Ended

Dec. 29, 2012

Goodwill And Intangible Assets Disclosure [Abstract]

Goodwill Disclosure [Text Block]

9. Goodwill and Intangible Assets

		December 29, 2012	December 31, 2011
		$	$
Goodwill		57,414	49,387
Intangible assets with a finite life at cost, less accumulated
	amortization of $24,300 (December 31, 2011 - $19,198)	52,885	48,035
The following is a summary of changes in goodwill:
			$
Balance at January 1, 2011			48,174
Acquisitions during the year			1,233
Additions during the year(1)			249
Impact of foreign exchange			(269)
Balance at December 31, 2011			49,387
Acquisitions during the year			7,892
Additions during the year(1)			250
Reduction during the year(2)			(251)
Impact of foreign exchange			136
Balance at December 29, 2012			57,414

• During the years ended December 29, 2012 and December 31, 2011, the Company recorded contingent consideration payments of $250 and $249, respectively, as an increase to goodwill relating to business combinations that occurred prior to January 1, 2009.
• Reduction during the year ended December 29, 2012related to an adjustment to the final purchase price allocation in connection with the acquisition of Inland (see note 2).

There was no indication of goodwill impairment based on the testing done for the years endedDecember 29, 2012 and December 31, 2011.

For the year ended January 1, 2011, the Company determined that the carrying value of goodwill in the former Natural Health Products reporting unit exceeded its fair value. As a result, the Company recorded a non-cash goodwill impairment charge of $1,654, which has been reclassified to discontinued operations as a result of the divestiture of Purity (see note 3). The following table summarizes the critical assumptions that were used in estimating fair value of the former Natural Health Products reporting unit:

Estimated cumulative average operating income growth (2011 - 2015)	47.4%
Projected long-term annual operating income growth(1)	2.5%
Weighted-average discount rate(2)	15.0%

(1)       Represents the operating income growth rate used to determine terminal value.

(2)       Represents the targeted weighted-average discount rate of 11% plus the impact of a specific reporting unit risk premium to account for the estimated additional uncertainty associated with future cash flows.

The following is a summary of changes in intangible assets:
	Customer and other	Patents and
	relationships	trademarks	Other	Total
	$	$	$	$
Balance at January 1, 2011	48,763	649	2,999	52,411
Acquisitions (see note 2)	718	-	-	718
Additions	-	-	81	81
Impairments (see note 14)	-	-	(270)	(270)
Amortization	(3,674)	(103)	(679)	(4,456)
Impact of foreign exchange	(438)	-	(11)	(449)
Balance at December 31, 2011	45,369	546	2,120	48,035
Acquisitions (see note 2)	9,347	-	-	9,347
Additions	-	-	128	128
Amortization	(4,163)	(101)	(669)	(4,933)
Impact of foreign exchange	295	-	13	308
Balance at December 29, 2012	50,848	445	1,592	52,885

The Company estimates that the aggregate future amortization expenseassociated with finite-life intangible assets in each of the next five fiscal years and thereafterwill be as follows:

	$
2013	4,980
2014	4,851
2015	4,630
2016	4,354
2017	4,354
Thereafter	29,716
	52,885

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Accounts receivable (Allowance for doubtful accounts rollforward) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011
Receivables [Abstract]
Allowance for Doubtful Accounts Receivable, Beginning Balance	$ 1,596	$ 1,449
Net additions to provisions	1,639	870
Accounts receivable written off, net of recoveries	(844)	(629)
Effects of foreign exchange rate differences	32	94
Allowance for Doubtful Accounts Receivable, Ending Balance	$ 2,423	$ 1,596

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Other expense, net (Table) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011	Dec. 31, 2009
Other Income And Expenses [Abstract]
Impairment of long-lived assets	$ 0	$ 358	$ 7,549
Severance Costs	1,705	505	1,169
Business Combination, Acquisition Related Costs	671	467	547
Gain (Loss) on Sale of Property Plant Equipment	376	2,872	0
Fair Value of Contingent Consideration	0	(1,235)	0
Legal Settlements	0	(512)	0	1,200
Wind Up Of Defined Benefit Pension Plan	0	0	588
Other Cost and Expense, Operating	194	457	456
Total Other Expense, net	$ 2,194	$ (2,832)	$ 10,309

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Inventories (Inventory reserve rollforward) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011
Inventory Disclosure [Abstract]
Beginning Balance	$ 6,305	$ 3,764
Additions to reserve during the year	3,458	6,905
Reserves applied and inventories written off during the year	5,268	4,338
Effect of foreign exchange rate differences	8	26
Ending Balance	$ 4,487	$ 6,305

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Commitments and contingencies (Table) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 29, 2012
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
Operating Leases, Future Minimum Payments Due, Next Twelve Months	$ 12,996
Operating Leases, Future Minimum Payments, Due in Two Years	11,583
Operating Leases, Future Minimum Payments, Due in Three Years	9,791
Operating Leases, Future Minimum Payments, Due in Four Years	7,427
Operating Leases, Future Minimum Payments, Due in Five Years	5,975
Operating Leases, Future Minimum Payments, Due Thereafter	10,675
Operating Leases, Future Minimum Payments Due, Total	$ 58,447

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Accounts receivable (Table) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 29, 2012	Dec. 31, 2011
Receivables [Abstract]
Trade receivables	$ 115,737	$ 90,494
Allowance for doubtful accounts	(2,423)	(1,596)
Accounts receivable, Net, Total	$ 113,314	$ 88,898

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Income taxes (Components of deferred income tax valuation allowance) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011
Income Tax Disclosure [Abstract]
Valuation Allowance, Amount	$ 4,547	$ 5,880	$ 7,178
Income Tax Reconciliation, Change in Deferred Tax Assets Valuation Allowance	(1,354)	(1,054)	(3,708)
Valuation Allowance Deferred Tax Asset Change Due To Acquisition FX	(48)	(279)	2,410
Valuation Allowance, Amount	$ 3,145	$ 4,547	$ 5,880

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Accounts receivable (Tables)

12 Months Ended

Dec. 29, 2012

Receivables [Abstract]

Schedule Of Accounts Notes Loans And Financing Receivable [Table Text Block]

	December 29, 2012	December 31, 2011
	$	$
Trade receivables	115,737	90,494
Allowance for doubtful accounts	(2,423)	(1,596)
	113,314	88,898

	December 29, 2012	December 31, 2011
	$	$
Balance, beginning of year	1,596	1,449
Net additions to provision	1,639	870
Accounts receivable written off, net of recoveries	(844)	(629)
Effects of foreign exchange rate differences	32	(94)
Balance, end of year	2,423	1,596

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Business acquisition WGI (Schedule of Acquisitions by Assets and Liabilities) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011	Dec. 29, 2012 WGI [Member]	Nov. 08, 2012 WGI [Member]	Aug. 29, 2012 WGI [Member]	Sep. 29, 2012 WGI [Member] Scenario Previously Reported [Member]	Nov. 08, 2012 WGI [Member] Scenario Adjustment [Member]
Business Acquisition [Line Items]
Cash and cash equivalents					$ 2,454		$ 2,454
Accounts receivable					4,922		4,922
Inventories					7,329		7,404
Other current assets					111		111
Property, plant and equipment					5,386		4,991
Intangible Assets					0		630
Goodwill					217		0
Deferred income tax					383		290
Accounts payable and accrued liabilities					(5,056)		(5,056)
Bank indebtedness and long-term debt					(551)		(551)
Other long-term liabilities					(227)		(227)
Total consideration							14,968	14,968
Cash consideration						14,098
Revenues	1,091,064	1,019,871	831,677	10,225
Earnings attributable to SunOpta Inc.	$ 24,224	$ 5,296	$ 61,066	$ 32

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Other expense, net

12 Months Ended

Dec. 29, 2012

Other Income And Expenses [Abstract]

Other Income And Other Expense Disclosure Text Block

14. Other Expense (Income), Net

		December 29, 2012	December 31, 2011	January 1, 2011
		$	$	$
(a)	Severance and other rationalization costs	1,705	505	1,169
(b)	Acquisition-related transaction costs	671	467	547
(c)	Long-lived asset impairment charges	-	358	7,549
(d)	Gain on sale of assets	(376)	(2,872)	-
(e)	Fair value of contingent consideration	-	(1,235)	-
(f)	Legal settlements	-	(512)	-
(g)	Wind-up of defined benefit pension plan	-	-	588
	Other	194	457	456
		2,194	(2,832)	10,309

(a) Severance and other rationalization costs

For the year endedDecember 29, 2012, the Company recorded employee severance and other costs in connection with the rationalization of a number of operations and functions in an effort to streamline operations. The Company incurred severance costs of $500 in total as a result of a reduction in its salaried workforce of approximately 6%, and the Company accrued $795 of severance payable to a former executive officer over a period of 15 months. In addition, Opta Minerals recorded severancecosts of $410in connection with the acquisition of WGI.

For the year endedDecember 31, 2011, the Company recorded employee severance and other rationalization costs mainly in connection with the divestiture of fruit processing operations in Mexico and California. For the year ended January 1, 2011, these costs were related to the rationalization of operations at the Frozen Foods operations and the closure of the Company's brokerage operation in Chicago, Illinois.

(b) Acquisition-related transactioncosts

Represents transaction costs incurred in connection with the fiscal 2012 acquisitions of WGI and Babco,thefiscal 2011 acquisitions of Inland and Lorton's, and the fiscal 2010 acquisitions of Edner and Dahlgren (see note 2).

(c) Long-lived asset impairment charges

For the year ended December 31, 2011, the Company wrote off certain long-lived tangible and intangible assets of the frozen food operation of the Consumer Products Group in the amounts of $88 and $270, respectively.

For the year ended January 1, 2011, the Company recorded an asset impairment charge of $4,224 against the carrying value of property, plant and equipment within the Mexican and California fruit processing operations. Following management's decision to rationalize these operations, the carrying value of the property, plant and equipment was written down to its fair value. A supplier relationship intangible asset in the amount of $454was also written off, as the rationalization plan impaired all future value of the relationship. In addition, the Company identified and wrote off $516 of obsolete equipment at itshealthy snacks operation. The Company also recorded anintangible assets impairment charge of $2,355in connection with the closure of its Chicago-based brokerage operation. All of these impairments charges were related to the Consumer Products Group and totaled $7,549.

(d) Gain on sale of assets

For the year ended December 29, 2012, the gain on sale of assets comprises an insurance recovery that was in excess of the carrying amount of the insured assets.

For the year ended December 31, 2011, the Company completed the sale of land, buildings and processing equipment located in Mexico for proceeds of $5,650. The Company recorded a gain on sale of $2,872, after deducting the carrying value of the assets and related transaction costs.

(e)        Fair value of contingent consideration

For the year ended December 31, 2011, the Company remeasured the fair value of the contingent consideration related to the acquisitions of Edner and Dahlgren, which resulted in a $1,235 reduction in the related contingent consideration liabilities.

(f) Legal settlements

For the year ended December 31, 2011, the Company recorded a recovery of $512 in connection with the settlement of a class action lawsuit with a former employee. In fiscal 2009, the Company had accrued $1,200 related to the tentative settlement of this matter.

(g) Wind-up of defined benefit pension plan

As a result of the wind-up of a defined benefit plan of its former Mexican operations in fiscal 2010, the Company recognized a non-cash charge of $588 that was previously recorded in accumulated other comprehensive income on the consolidated balance sheet.

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Variable interest entities

12 Months Ended

Dec. 29, 2012

Variable Interest Entities [Abstract]

Variable Interest Entities Textblock

19. Variable Interest Entity

TOCholds an investment in a joint venture in Ethiopia related to hulling of organic sesame seeds. TOC purchases all of the output from the joint venture, and sells the product through its existing sales and marketing channels. TOC holds 35% of the voting common shares and consolidates its variable interest in the joint venture, as it has been determined to be the primary beneficiary.

The liabilities of the VIE consolidated by the Company represent claims against the specific assets of the VIE, and not additional claims on the Company's general assets. There is no recourse available to the creditors of the VIE against the Company. The impact of consolidating the investment in the joint venture on the consolidated balance sheet is as follows:

	December 29, 2012	December 31, 2011
	$	$
Current assets	1,330	718
Property, plant and equipment	1,320	1,361
Current liabilities	(482)	(414)
Long-term debt	(664)	(711)
Long-term liabilities	(271)	(330)
Non-controlling interest	429	36
Net investment by the Company	1,662	660

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Earnings per share (Narrative) (Details)	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011
Earnings Per Share Abstract
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2,045,200	1,355,700	837,900

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Description of business and significant accounting policies (Narrative) (Details)	12 Months Ended
	Dec. 29, 2012	Dec. 29, 2012 Maximum [Member] Customer Relationships [Member]	Dec. 29, 2012 Maximum [Member] Patents And Trademarks [Member]	Dec. 29, 2012 Maximum [Member] Other Intangible Assets [Member]	Dec. 29, 2012 Minimum [Member] Customer Relationships [Member]	Dec. 29, 2012 Minimum [Member] Patents And Trademarks [Member]	Dec. 29, 2012 Minimum [Member] Other Intangible Assets [Member]	Dec. 29, 2012 Buildings [Member] Maximum [Member]	Dec. 29, 2012 Buildings [Member] Minimum [Member]	Dec. 29, 2012 Machinery and Equipment [Member] Maximum [Member]	Dec. 29, 2012 Machinery and Equipment [Member] Minimum [Member]	Dec. 29, 2012 Enterprise Software [Member]	Dec. 29, 2012 Office Furniture and Equipment [Member] Maximum [Member]	Dec. 29, 2012 Office Furniture and Equipment [Member] Minimum [Member]	Dec. 29, 2012 Vehicles [Member]	Dec. 29, 2012 Opta Minerals Inc [Member]	Dec. 31, 2011 Opta Minerals Inc [Member]
Basis Of Presentation Fiscal Year End And New Accounting Pronouncements Disclosure [Abstract]
Year Founded	1973
Noncontrolling Interest [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent																66.10%	66.20%
Property, Plant and Equipment [Line Items]
PropertyPlantAndEquipmentUsefulLife								40 years	20 years	20 years	10 years	5 years	7 years	3 years	5 years
Finite-Lived Intangible Assets [Line Items]
Finite Lived Intangible Asset Useful Life		25 years	15 years	15 years	2 years	7 years	3 years

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Subsequent events (Narrative) (Details) (Subsequent Event [Member], EUR €) In Thousands, unless otherwise specified	Dec. 31, 2012
Subsequent Event [Member]
Subsequent Event [Line Items]
Total	€ 3,200
Business Acquisition Contingent Consideration Payments Term	3 years

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Other expense, net (Tables)

12 Months Ended

Dec. 29, 2012

Other Income And Expenses [Abstract]

Schedule of Other Income And Other Expense Disclosure [Table Text Block]

		December 29, 2012	December 31, 2011	January 1, 2011
		$	$	$
(a)	Severance and other rationalization costs	1,705	505	1,169
(b)	Acquisition-related transaction costs	671	467	547
(c)	Long-lived asset impairment charges	-	358	7,549
(d)	Gain on sale of assets	(376)	(2,872)	-
(e)	Fair value of contingent consideration	-	(1,235)	-
(f)	Legal settlements	-	(512)	-
(g)	Wind-up of defined benefit pension plan	-	-	588
	Other	194	457	456
		2,194	(2,832)	10,309

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Consolidated Balance Sheet (parentheticals) (USD $)	Dec. 29, 2012	Dec. 31, 2011
Consolidated Balance Sheet
Common Stock Shares Issued	66,007,236	65,796,398
Common Stock, Shares Authorized
Common Stock, No Par Value

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Income taxes (Components of continuing operations) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest	$ 35,445	$ 27,762	$ 25,126
US
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest	15,416	17,136	24,645
CA
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest	9,070	(1,559)	(5,013)
Europe And Other [Member]
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest	$ 10,959	$ 12,185	$ 5,494

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Discontinued operations

12 Months Ended

Dec. 29, 2012

Discontinued Operations And Disposal Groups [Abstract]

Disposal Groups Including Discontinued Operations Disclosure Text Block

3. Discontinued Operations

Divestiture in Fiscal 2012

Purity Life Natural Health Products

On June 5, 2012, the Company completed the sale of Purity, its Canadian natural health products distribution business, for consideration of $13,443 (Cdn $14,000) in cash at closing, plus up to approximately $672 (Cdn $700) if Purity achieves certain earnings targets during the one-year period following the closing date. The contingent consideration will not be recognized by the Company until realized. The divestiture of Purity is consistent with the Company's strategy to focus on its core natural and organic foods sourcing and processing business. Purity was formerly part of the Company's International Foods Group operating segment.

The Company recognized the following gain on sale of Purity in discontinued operations:

Cash consideration	$	13,443
Transaction and related costs		(1,254)
Net proceeds		12,189
Net assets sold		12,939
Accumulated currency translation adjustment related to net assets sold		(1,359)
Pre-tax gain on sale		609
Recovery of income taxes(1)		199
Gain on sale of discontinued operations, net of income taxes	$	808

(1)       The divestiture resulted in a pre-tax accounting loss on sale of $750 (before giving effect to the accumulated currency translation adjustment). The Company recognized a recovery of income taxes for the associated loss for Canadian tax purposes.

Included in the loss before income taxes from discontinued operations for the year ended December 31, 2011, are impairment charges of $6,025 and $1,485 related to the write-downof intangible assets and property, plant and equipment, respectively, of Purity.

Divestiture in Fiscal 2011

Colorado Sun Oil Processing LLC

Colorado Sun Oil Processing LLC (“CSOP”) was organized in 2008 under the terms of a joint venture agreement with Colorado Mills, LLC (“Colorado Mills”) to construct and operate a vegetable oil refinery adjacent to Colorado Mills' sunflower crush plant. On August 12, 2011, the U.S. Bankruptcy Court, District of Colorado, accepted an asset purchase agreement submitted by Colorado Mills for CSOP and rejected an asset purchase agreement submitted by the Company. Based on the bankruptcy court ruling, the Company disposed of its interest in the CSOP joint venture, which was previously consolidated as a VIE as part of the Grains and Foods Group, and recognized a gain on sale of discontinued operations of $71. The operating results of CSOP for the years ended December 29, 2012andDecember 31, 2011, include legal fees and interest costs incurred in connection with arbitration proceedings related to the joint venture agreement, which are included within earnings (loss) from discontinued operations, net of income taxes. In addition, included in the loss before income taxes from discontinued operations for the year ended December 31, 2011, is a pre-tax charge of $5,246 related to an arbitration ruling against the Company in favor of Colorado Mills (see note 20).

Divestitures in Fiscal 2010

SunOptaBioProcess Inc.

On August 31, 2010, the Company sold 100% of its ownership interest in SunOptaBioProcess Inc. (“SunOptaBioProcess”) to Mascoma in exchange for an equity ownership position in Mascoma, consisting of preferred stock, common stock and warrants to purchase common stock of Mascoma. The fair value of the non-cash consideration received was estimated to be $33,345 as of the date of sale. The Company recognized a gain on sale, net of income taxes, of $50,154 in discontinued operations, after taking account of the net liabilities of SunOptaBioProcess transferred to Mascoma and the release of additional paid-in capital in connection with the accelerated vesting of stock options related to certain SunOptaBioProcess employees. In addition, included in loss before income taxes from discontinued operations for the year ended January 1, 2011 is $15,280, of stock-based and other compensation awards that were triggered upon the change in control of SunOptaBioProcess.SunOptaBioProcess represented the Company's former SunOptaBioProcess operating segment.

Canadian Food Distribution

On June 11, 2010, the Company sold its Canadian Food Distribution assets for cash consideration of $65,809, and recognized a gain on sale, net of income taxes, of $12,796 in discontinued operations. Canadian Food Distribution was formerly part of the Company's former Distribution Group operating segment.

Operating Results Reported in Discontinued Operations

The following table presents the aggregate operating results of Purity, CSOP, Canadian Food Distribution and SunOptaBioProcessreported in earnings (loss) from discontinued operations:

		December 29, 2012	December 31, 2011	January 1, 2011
		$	$	$
Revenues		26,914	62,205	154,118
Earnings (loss) before income taxes		528	(15,724)	(20,401)
Recovery of (provision for) income taxes		(80)	4,465	1,395
Loss allocated to non-controlling interests		-	254	487
Earnings (loss) from discontinued operations,
	net of income taxes	448	(11,005)	(18,519)

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Divestiture (Operating results) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss from discontinued operations, net of taxes	$ 448	$ (11,005)	$ (18,519)
SunOpta Disposal Groups [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenues from discontinued operations	26,914	62,205	154,118
Earning (loss) before tax	528	(15,724)	(20,401)
Provision for (recovery of) income taxes during phase out	(80)	4,465	1,395
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Attributable To Non Controlling Interest	0	254	487
Loss from discontinued operations, net of taxes	$ 448	$ (11,005)	$ (18,519)

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Capital stock (Change in employee director stock options) (Details) (USD $) In Thousands, except Share data, unless otherwise specified	12 Months Ended
	Dec. 29, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Beginning Balance	2,656,060
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	1,375,500
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period	(99,760)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period	(244,300)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance	3,687,500
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number	1,028,740
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Beginning Balance	$ 5.51
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	$ 5.56
Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price	$ 2.42
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period, Weighted Average Exercise Price	$ 7.89
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Ending Balance	$ 5.46
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price	$ 5.55
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term	4 years 6 months
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term	3 years 1 month
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value	$ 3,036
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value	$ 1,414

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Property plant and equipment (Narrative) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 241,024	$ 207,704
Property, Plant and Equipment	140,579	120,584
Depreciation	15,293	13,935	13,167
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	153,204	135,542
Property, Plant and Equipment	83,363	74,217
Inventory, Parts and Components, Net of Reserves	2,913	2,618
Machinery and Equipment [Member] | Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	13,475	8,016
Machinery and Equipment [Member] | Capital Lease [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	1,132	1,266
Property, Plant and Equipment	$ 994	$ 956

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Commitments and contingencies

12 Months Ended

Dec. 29, 2012

Commitments And Contingencies Disclosure [Abstract]

Commitments And Contingencies Disclosure Text Block

20. Commitments and contingencies

(a)Colorado Sun Oil Processors, LLC dispute

Colorado Mills and SunOpta Grains and Foods Inc. (formally Sunrich LLC, herein “Grains and Foods”), a wholly–owned subsidiary of the Company, organized a joint venture through CSOP. The purpose of the joint venture was to construct and operate a vegetable oil refinery adjacent to Colorado Mills' sunflower seed crush plant located in Lamar, Colorado. During the relationship, disputes arose between the parties concerning management of the joint venture, record-keeping practices, certain unauthorized expenses incurred on behalf of the joint venture by Colorado Mills, procurement of crude oil by Sunrich from Colorado Mills for processing at the joint venture refinery, and the contract price of crude oil offered for sale under an output term of the joint venture agreement.

The parties initiated a dispute resolution process as set forth in the joint venture agreement, which Colorado Mills aborted prematurely through the initiation of suit in Prowers County District Court, Colorado on March 16, 2010. Subsequent to the filing of that suit, Colorado Mills acted with an outside creditor of the joint venture to involuntarily place the joint venture into bankruptcy. In August 2011, as part of the bankruptcy proceeding initiated in June 2010 in the U.S. Bankruptcy Court, District of Colorado, Colorado Mills purchased substantially all of the assets of the joint venture (see note 3).

A separate arbitration proceeding occurred between Grains and Foods and Colorado Mills to resolve direct claims each party asserted against the other. The case was arbitrated during the week of August 8, 2011 and proposed findings were filed on September 13, 2011. On January 4, 2012 the arbitrator entered an award denying Grains and Foods' claims and awarding Colorado Mills $4,816 for its breach of contract claim and $430 for accrued interest. The Company subsequently filed a motion to vacate the arbitration awardon March 30, 2012 in Prowers County District Court. Colorado Mills filed a response on April 20, 2012. The Company filed a reply on April 27, 2012. The Prowers County District Court denied the Company's motion and entered judgment on the arbitration award on July 6, 2012 in the amount of $4,816. On July 13, 2012, the Company bonded the judgment in the amount of $6,875, or approximately 125% of the judgment amount, to stay execution of the judgment pending the Company's filing of an appeal to the Colorado Court of Appeals. On August 20, 2012, the Company appealed the judgment to the Colorado Court of Appeals. Oral Argument for the appeal has not yet been scheduled. Although management believes the claims asserted by Colorado Mills are baseless, that the arbitrator committed prejudicial error, and that vacatur of the award is warranted, management cannot predict whether the prospect of an unfavorable outcome in this matter is probable. As of December 29, 2012 and December 31, 2011, the Company accrued the full value of the award, together with accrued interest, pending the outcome of post-arbitration judicial proceedings.

(b) Other claims

In addition, various claims and potential claims arising in the normal course of business are pending against the Company. It is the opinion of management that these claims or potential claims are without merit and the amount of potential liability, if any, to the Company is not determinable. Management believes the final determination of these claims or potential claims will not materially affect the financial position or results of the Company.

(c)       Environmental laws

The Company believes that, with respect to both its operations and real property, it is in material compliance with current environmental laws. Based on known existing conditions and the Company's experience in complying with emerging environmental issues, the Company is of the view that future costs relating to environmental compliance will not have a material adverse effect on its consolidated financial position, but there can be no assurance that unforeseen changes in the laws or enforcement policies of relevant governmental bodies, the discovery of changed conditions on the Company's real property or in its operations, or changes in the use of such properties and any related site restoration requirements, will not result in the incurrence of significant costs.

(d)        Grain, sunflower and other commitments

As at December 29, 2012, the Companyheld grain for the benefit of others in the amount of $6,879 (December 31, 2011 - $5,306). The Company is liable for any deficiencies of grade or shortage of quantity that may arise in connection with such grain. As at December 29, 2012, the Company also has commitments to purchase $70,295 (December 31, 2011 - $46,190) of grains and sunflowers in the normal course of business. In addition, the Company has othersupplier and purchase commitments in the amount of $12,384as at December 29, 2012(December 31, 2011 - $2,720).

(e)        Letters of credit

The Company has outstanding letters of credit at December 29, 2012 totaling $4,998 (December 31, 2011 - $15,189).

(f)        Real property lease commitments

The Company has entered into various leasing arrangements, which have fixed monthly rents that are adjusted annually each year for inflation.

Minimum commitments under operating leases, principally for processing facilities, warehouse and distribution facilities, and equipment for the next five fiscal years and thereafter are as follows:

	$
2013	12,996
2014	11,583
2015	9,791
2016	7,427
2017	5,975
Thereafter	10,675
	58,447

In the years ended December 29, 2012, December 31, 2011 and January 1, 2011, net minimum rents, including contingent rents and sublease rental income, were $10,704, $10,211 and $9,102, respectively.

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Bank indebtedness and Long-Term Debt (Bank indebtedness Table) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 29, 2012	Dec. 31, 2011
Line of Credit Facility [Line Items]
Line of Credit Facility, Amount Outstanding	$ 131,061	$ 109,718
Cad Line Of Credit [Member] | Opta Minerals Inc [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Amount Outstanding	0	7,765
Cad Line Of Credit [Member] | Syndicate Lending Group [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Amount Outstanding	0	26
U S Line Of Credit [Member] | Syndicate Lending Group [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Amount Outstanding	75,700	51,617
European Revolving Credit Facility [Member] | The Organic Corporation [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Amount Outstanding	44,611	50,310
Revolving Term Credit Facility [Member] | Opta Minerals Inc [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Amount Outstanding	$ 10,750	$ 0

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Accounts payable and accrued liabilities (Tables)

12 Months Ended

Dec. 29, 2012

Payables and Accruals [Abstract]

Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]

	December 29, 2012	December 31, 2011
	$	$
Accounts payable	86,297	78,151
Payroll and commissions	10,389	9,362
Accrued grain liabilities	20,931	14,616
Other accruals	10,927	12,179
	128,544	114,308

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Capital stock

12 Months Ended

Dec. 29, 2012

Stockholders Equity Note Abstract

Stockholders Equity Note Disclosure Text Block

13. Capital Stock

The Company is authorized to issue an unlimited number of common shares without par value and an unlimited number of special shares without par value (of which none are outstanding).

Stock Option Plans

Under the Company's 2002 Amended and Restated Stock Option Plan, the Company may issue up to 7,500,000 common shares on the exercise of stock options granted to employees and directors. As at December 29, 2012, 1,704,541 (December 31, 2011 - 2,838,241) options are remaining to be granted under this plan.Options granted in the year ended December 29, 2012vestratablyon each of the first through fifth anniversaries of the grant date and expire on the tenth anniversary of the grant date. Options granted prior to January 1, 2012 generally vestratablyon each of the first through fifth anniversaries from the date of grant and expire on the sixth anniversary of the grant date.

Employee/director stock options granted by the Company contain an exercise price, which is equal to the closing market price of the shares on the day prior to the grant date. The Company uses reserved and unissued common shares to satisfy option exercises under the plan.Any consideration paid by employees/directors on exercise of stock options or purchase of stock is credited to capital stock.

Details of changes in employee/director stock options are as follows:

				Weighted-
				average
		Weighted-		remaining
		average		contractual	Aggregate
	Options	exercise price		term (years)	intrinsic value
Outstanding at beginning of year	2,656,060	$	5.51
Granted	1,375,500		5.56
Exercised	(99,760)		2.42
Forfeited or expired	(244,300)		7.89
Outstanding at end of year	3,687,500	$	5.46	4.5	$	3,036
Exercisable at end of year	1,028,740	$	5.55	3.0	$	1,414

The weighted-average grant-date fair values of all stock options granted in the years ended December 29, 2012, December 31, 2011 and January 1, 2011 were $3.41, $4.36 and $2.79, respectively. The weighted-average assumptions used in the Black-Scholes option pricing model to determine the fair value of the options granted in those years were as follows:

	December 29, 2012	December 31, 2011	January 1, 2011
Dividend yield(1)	0%	0%	0%
Expected volatility(2)	65.8%	68.0%	68.2%
Risk-free interest rate(3)	1.2%	1.8%	2.3%
Expected life of options (years)(4)	6.5	6.0	6.0

(1)Determined based on expected annual dividend yield at the time of grant.

(2)Determined based on historical volatility of the Company's common shares over the expected life of the option.

(3)Determined based on the yield on U.S. Treasury zero-coupon issues with maturity dates equal to the expected life of the option.

(4)For the year ended December 29, 2012, determined using simplified method, as the Company changed the term of its stock option grants from six years to 10 years and, as a result, historical exercise data may no longer provide a reasonable basis upon which to estimate expected life. For the years ended December 31, 2011 and January 1, 2011, determined based on historical exercise and forfeiture patterns.

The fair value of the options is based on estimates of the number of options that management expects to vest, which is estimated to be 85% of the granted amounts.

Details of employee/director stock options outstanding as at December 29, 2012are as follows:

					Vested		Weighted-	Total	Weighted-
	Exercise price range				outstanding		average price	outstanding	average price
Expiry date		Low		High	options		(vested)	options		(total)
2013	$	12.31	$	13.75	155,500	$	12.57	155,500	$	12.57
2014		4.06		13.35	228,800		5.59	292,100		5.59
2015		0.91		1.92	297,940		1.65	564,900		1.66
2016		4.45		5.62	182,900		4.49	485,000		4.49
2017		4.88		7.72	163,600		7.07	818,000		7.07
2022		5.14		5.73	-		-	1,372,000		5.56
					1,028,740	$	5.55	3,687,500	$	5.46

Earnings from continuing operations for the year ended December 29, 2012 included $2,753 (December 31, 2011 - $2,090; January 1, 2011 - $2,136) of stock compensation expense related to the Company's stock-based compensation arrangements, including $501 (December 31, 2011 - $354; January 1, 2011- $777) in stock-based compensation for the options issued by Opta Minerals to its employees. In addition, the Company realized a cash tax benefit of $12 (December 31, 2011 - $86; January 1, 2011 - $42) relating to options granted in prior years and exercised in the current year, which was recorded as an increase in additional paid-in capital. Total compensation costs related to non-vested awards not yet recognized as an expense is $6,827 as at December 29, 2012, which will be amortized over a weighted-average remaining vesting period of 2.3 years.

Employee Share Purchase Plan

The Company maintains an employee share purchase plan whereby employees can purchase common shares through payroll deductions. In the year ended December 29, 2012, the Company's employees purchased 111,078 common shares (December 31, 2011 - 119,028;January 1, 2011 - 198,903) for total proceeds of$546 (December 31, 2011 - $626;January 1, 2011 - $760). As at December 29, 2012, 1,443,986 (December 31, 2011 - 1,555,064) common shares are remaining to be granted under this plan.

Warrants

On February 5, 2010, the Company issued warrants exercisable for up to 250,000 common shares at an exercise price of $3.25 per share as partial payment for general investment banking financial advisory services. On June 11, 2010, the Company issued warrants exercisable for up to 600,000 common shares at an exercise price of $5.11 per share as partial payment for advisory services in connection with the sale of the Canadian Food Distribution assets (see note 3). Afair value of $2,163was assigned to these warrants, determined using the Black-Scholes option pricing model. The fair value of the warrants was expensed in full as of the dates of issuance, with the offset recorded as an increase to additional paid-in capital. As at December 29, 2012, none of the warrants have been exercised.

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Commitments and contingencies (Narrative) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended									12 Months Ended
	Dec. 29, 2012	Dec. 31, 2011	Jan. 01, 2011	Dec. 29, 2012 SunOpta Foods [Member]	Dec. 31, 2011 SunOpta Foods [Member]	Dec. 29, 2012 Purchase Commitment [Member] SunOpta Foods [Member]	Dec. 31, 2011 Purchase Commitment [Member] SunOpta Foods [Member]	Dec. 29, 2012 Purchase Commitment [Member] Consumer Products [Member]	Dec. 31, 2011 Purchase Commitment [Member] Consumer Products [Member]	Dec. 29, 2012 Colorado Sun Oil Processing [Member]	Jul. 13, 2012 Colorado Sun Oil Processing [Member]
Loss Contingencies [Line Items]
Loss Contingency, Name of Defendant										SunOpta Grains and Foods Inc.
Loss Contingency, Name of Plaintiff										Colorado Mills
Loss Contingency Judgement Amount										$ 4,816
Litigation Settlement Accrued Interest										430
Loss Contingency Bond Amount											6,875
Loss Contingency Bond Percentage											125.00%
Grain Held For Benefit Of Others				6,879	5,306
Purchase Commitment, Remaining Minimum Amount Committed						70,295	46,190	12,384	2,720
Letters of Credit Outstanding, Amount	4,998	15,189
Operating Leases, Rent Expense, Minimum Rentals	$ 10,704	$ 10,211	$ 9,102