G. Wallace F. McCain to be presented with Ernst & Young Entrepreneur Of The Year(R) 2007 Ontario Lifetime Achievement Award

    Co-Founder of Canadian Frozen Food Empire Receives Lifetime Business
    Achievement Award

    TORONTO, Sept. 13 /CNW/ - Wallace McCain, chairman of the board of Maple
Leaf Foods Inc. and co-founder of one of the world's largest frozen food
companies, will receive the coveted Ernst & Young Entrepreneur Of The Year(R)
2007 Ontario Lifetime Achievement Award. Mr. McCain will be rewarded for his
outstanding accomplishments at a gala presentation on October 18, 2007.
    "Mr. McCain's extraordinary leadership and success throughout his 50
years in the frozen food industry are incredible," said Dan Cornacchia,
director of the Ernst & Young Entrepreneur Of The Year awards program for the
Ontario region. "As a determined entrepreneur and passionate philanthropist,
he is an inspiration to many. We are very proud to present him with this
prestigious award."
    Mr. McCain co-founded McCain Foods Limited in 1956, which has grown into
one of the largest frozen food companies in the world. He was president and
co-chief executive officer of McCain Foods Limited until 1995, and is
currently chairman of the board of Maple Leaf Foods Inc., and vice chairman
and director of other associated companies within the McCain Foods Group.
    Beyond his demanding work responsibilities, Mr. McCain is also a director
of the St. Michael's Hospital Board, co-chair of the National Ballet School
Financial Campaign, and a member of the National Advisory Council for Mount
Allison University. His personal and professional awards and recognitions are
plentiful: Officer of the Order of Canada (1995); Knight of the Golden Pencil
Award (1988); Gary Wright Humanitarian Award from Friends of We Care Inc.
(1992); Honorary Life Member, Potato Association of America (1992); Canadian
Business Hall of Fame (1993); New Brunswick Business Hall of Fame (1997);
B'nai Brith Award of Merit (1999); Honorary Life Member, Association of
Professional Engineers and Geoscientists of New Brunswick (2003); Order of New
Brunswick (2003); Canadian International Executive of the Year (2003); and
Canadian Manufacturing Hall of Fame (2006).
    A New Brunswick native, Mr. McCain graduated with a B.A. from Mount
Allison University in 1951. Since then, he has received honourary degrees from
Mount Allison University, University of King's College, University of New
Brunswick, Dalhousie University, Trent University and University of Toronto.
    Now in its 14th year in Canada, the Entrepreneur Of The Year Program was
founded by Ernst & Young to celebrate great entrepreneurs and heighten
awareness of the positive economic impact of entrepreneurial ventures. The
program is nationally sponsored by Global Television Network, National Post,
La Presse, RDI, Roynat Capital and SAP. As well, the Ontario region sponsor is
RedPoint Media Inc.
    To learn more about the Ernst & Young Entrepreneur Of The Year 2007
Awards, visit www.eoy.ca.
    The Entrepreneur Of The Year Awards Banquet for the Ontario region will
be held at the Metro Toronto Convention Centre - North Building on October 18,
2007. A cocktail reception will commence at 5:30 p.m. For more information
about the ceremony and banquet, please call Linda Starr at 416-943-3053.

    About Ernst & Young

    Ernst & Young, a global leader in professional services, is committed to
restoring the public's trust in professional services firms and in the quality
of financial reporting. Its 114,000 people in 140 countries pursue the highest
levels of integrity, quality and professionalism in providing a range of
sophisticated services centred on our core competencies of auditing,
accounting, tax and transactions. Further information about Ernst & Young and
its approach to a variety of business issues can be found at
ey.com/perspectives. Ernst & Young refers to the global organization of member
firms of Ernst & Young Global Limited, each of which is a separate legal
entity. Ernst & Young Global Limited does not provide services to clients.

For further information:

For further information: Nichola Petts, Media Relations, at (416)
941-1813 or nichola.petts@ca.ey.com or Linda Starr, Entrepreneur Of The Year
Awards Program Coordinator, at (416) 943-3053 or linda.m.starr@ca.ey.com.

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