Kraft Heinz Co has agreed to sell its Canadian natural cheese business to Parmalat SpA in a C$1.62 billion ($1.23 billion) deal that will help Kraft trim its debt and extend the North American footprint of Parmalat owner Lactalis.

Dairy farmers staged an early-morning protest in Montreal against milk that is imported from the U.S. because they say they're losing business.

Winnipeg, Manitoba and Parmalat have agreed in principal to contribute more than $5.5 million to service land for a dairy-processing plant in St. Boniface.