In this jam-packed episode, The Food Professor Sylvain Charlebois and co-host Michael LeBlanc explore soaring food inflation, shifting consumer sentiment, and Canada’s evolving food policy landscape before welcoming Elysabeth Alfano, CEO of VegTech Invest. Elysabeth shares her unique perspective on public market investing in food innovation, the growing influence of GLP-1 drugs, and the geopolitics of food security. It’s a compelling conversation that blends economics, public policy, and ESG investing in the plant-based and alternative protein sectors.
The episode kicks off with breaking economic news: while Canada’s overall inflation slowed to 2.3% in March, food inflation surged to a staggering 3.2%—a monthly jump not seen since 1983. Sylvain attributes the spike to Ottawa’s counter-tariffs, rising ingredient costs, and shifting sourcing strategies as Canadian grocers de-Americanize their supply chains. This backdrop leads into a discussion on recent Caddle research indicating that 61% of Canadians are willing to pay more for local products—an unprecedented level of national loyalty that presents both opportunity and urgency for domestic producers.
Listeners also get a sneak peek at the upcoming release of the Canadian Food Sentiment Index, sponsored by MNP, which shows growing trust in Canada's food industry. Michael and Sylvain then pivot to the controversial topic of GLP-1 drugs like Ozempic, raising critical questions about childhood obesity, pharmaceutical influence, and the implications for food industry giants like Nestlé and Mondelez.
The second half of the episode features Elysabeth Alfano, CEO of VegTech Invest and host of two sustainability-focused podcasts. Elysabeth unpacks how her ETF invests in publicly traded companies that are accelerating food systems transformation—emphasizing impact, liquidity, and innovation over startup hype. She shares candid takes on the realities of lab-grown meat, the risks of insect protein, and why countries like Singapore and Israel are leading the charge in food security and innovation.
Elysabeth also weighs in on the role of policy, pointing to rising geopolitical instability and trade tensions—especially in the U.S.—as a catalyst for investment in food innovation. From precision fermentation to biosecurity risks, she outlines why now is the time for bold moves in food tech and ESG investing.
With both news and expert insights, this episode offers a comprehensive look at the forces reshaping what we grow, invest in, and consume.
About Elysabeth
Elysabeth Alfano is the CEO of VegTech™ Invest , the Advisor to a publicly traded Food Innovation ETF. Run by sector experts, VegTech™ Invest drives capital to those companies innovating for a resilient, sustainable and less damaging food supply system through its educational tools and financial product. It, thus, positively impacts Climate Change and biodiversity loss.
Elysabeth is an expert in investing in food systems transformation and speaks internationally on the intersection of investing, sustainability, and our global food supply system. She has spoken at the U.N. Global Leaders Compact Summit, the United Nations Climate Change Summit, SXSW, COP27 and COP28, Yale University and Northwestern University, several Bloomberg Intelligence events and has done a myriad of TV interviews including Bloomberg TV and Ameritrade TV.
Elysabeth began her career with Kellogg Company working on Special K and Frosted Mini-Wheats before acting as Chief Investment Officer for a small family office. A graduate of Northwestern University and the Thunderbird School of Global Management, Elysabeth consults and advises C-Suite Executives on the sustainable food industry landscape, direction and whitespaces.
Lastly, Elysabeth hosts the Plantbased Business Hour , a podcast which features the CEOs and business leaders in the industry. The Plantbased Business Hour is considered “The Gold Standard” for those who want to understand, participate in, and capitalize on the growing Plant-based Innovation sector. She is the voice of sustainability in the invment community hosting the Upside & Impact: Investing for Change on Advisorpedia.
Elysabeth contributes to ESG Clarity, WGN Radio, Vegconomist Magazine, CAIA, ETFCentral.com Advisorpedia and FinTechTV on a regular basis.