Derivative financial instruments and fair value measurements (Tables)

12 Months Ended

Dec. 30, 2017

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

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 at December 30, 2017 and December 31, 2016:

			December 30, 2017
			Fair value
			asset (liability)	Level 1	Level 2	Level 3
			$	$	$	$
(a)	Commodity futures and forward contracts⁽¹⁾
		Unrealized short-term derivative asset	738	-	738	-
		Unrealized short-term derivative liability	(240)	(35)	(205)	-
		Unrealized long-term derivative liability	(4)	-	(4)	-
(b)	Inventories carried at market⁽²⁾		3,838	-	3,838	-
(c)	Forward foreign currency contracts
		Not designated as hedging instruments⁽³⁾	(1,060)	-	(1,060)	-
		Designated as a hedging instruments⁽⁴⁾	(435)	-	(435)	-
(d)	Contingent consideration⁽⁵⁾		(11,320)	-	-	(11,320)
(e)	Embedded derivative⁽⁶⁾		2,690	-	-	2,690

			December 31, 2016
			Fair value
			asset (liability)	Level 1	Level 2	Level 3
			$	$	$	$
(a)	Commodity futures and forward contracts⁽¹⁾
		Unrealized short-term derivative asset	787	43	744	-
		Unrealized short-term derivative liability	(916)	-	(916)	-
		Unrealized long-term derivative liability	(8)	-	(8)	-
(b)	Inventories carried at market⁽²⁾		8,231	-	8,231	-
(c)	Forward foreign currency contracts
		Not designated as hedging instruments⁽³⁾	1,345	-	1,345	-
(d)	Contingent consideration⁽⁵⁾		(15,279)	-	-	(15,279)
(e)	Embedded derivative⁽⁶⁾		2,944	-	-	2,944

(1) Unrealized short-term derivative asset was included in prepaid expenses and other current assets, unrealized short-term derivative liability was included in other current liabilities and unrealized long-term derivative liability was included in long-term liabilities on the consolidated balance sheets.

(2) Inventories carried at market were included in inventories on the consolidated balance sheets.

(3) Forward foreign currency contracts not designated as a hedge were included in accounts receivable or accounts payable and accrued liabilities on the consolidated balance sheets.

(4) Forward foreign currency contracts designated as a hedge were included in other assets or other current liabilities on the consolidated balance sheets.

(5) Contingent consideration obligations were included in long-term liabilities (including the current portion thereof) on the consolidated balance sheets.

(6) The embedded derivative was included in other assets (long-term) on the consolidated balance sheets.

Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]

As at December 30, 2017, the notional amounts of open commodity futures and forward purchase and sale contracts were as follows (in thousands of bushels):

	Number of bushels purchased (sold)
	Corn	Soybeans
Forward commodity purchase contracts	(68)	64
Forward commodity sale contracts	(447)	(837)
Commodity futures contracts	245	510

Schedule Of Business Acquisitions By Acquisition Contingent Consideration [Table Text Block]

The following table presents a reconciliation of contingent consideration obligations for the years ended December 30, 2017 and December 31, 2016:

		December 30, 2017	December 31, 2016
		$	$
Balance, beginning of year		(15,279)	(21,010)
	Fair value adjustment⁽¹⁾	(371)	1,158
	Payments⁽²⁾	4,330	4,554
	Foreign exchange	-	19
Balance, end of year		(11,320)	(15,279)

(1) For all periods presented, reflected the accretion for the time value of money, which was included in other income/expense (see note 18). In addition, for the year ended December 31, 2016, included a gain of $1.7 million on the settlement of the contingent consideration obligation related to Niagara Natural (see note 2).

(2) For the year ended December 30, 2017, reflected the second payment against the contingent consideration obligation related to Citrusource, and payment of the remaining deferred consideration to a former shareholder of Organic Land Corporation OOD, which was acquired by the Company in December 2012. For the year ended December 31, 2016, reflected the first payment related to Citrusource obligation, and cash settlement of the remaining obligation related to Niagara Natural.