Core Holdings
Strategic holdings that play influential roles in Canadian and North American industries
Jolina Capital's portfolio is intentionally structured to include enterprises fundamental to the Canadian and international economic landscape. Jolina Capital owns and oversees strategic holdings that play influential roles in Canadian and North American industries.
Saputo Inc.
We hold a 32% ownership stake in Saputo Inc., one of the world's leading dairy processors. With operations across Canada, the United States, Australia, Argentina, and the United Kingdom, Saputo manufactures cheese, milk, cream, dairy ingredients, and specialty products for retail, industrial, and foodservice markets.
Our role as a long-term shareholder ensures continuity in governance, culture, and strategic direction.
Global Operations
- Canada
- United States
- Australia
- Argentina
- United Kingdom
Key Highlights
- Specializes in lumber and oriented strand board (OSB)
- Mills across Québec and New Brunswick
- Sustainable forestry practices
- Long-term industrial relevance
Arbec Forest Products
As full owner of Arbec, we oversee one of Canada's significant forestry and engineered-wood producers. Arbec operates mills across Québec and New Brunswick, specializing in lumber and oriented strand board (OSB).
The company exemplifies responsible resource management, sustainable forestry practices, and long-term industrial relevance.
Historical & Selective Positions
Strategic Industrial Positions
Jolina Capital has held influential positions in key Canadian industrial companies, including TransForce (TFI International), a North American transportation leader. These strategic holdings expand our understanding of essential infrastructure and provide diversified exposure to critical supply chain sectors.
Private Equity & Opportunistic Investments
We selectively invest in private companies that operate within essential service industries or complement our core sectors. These investments emphasize strong governance, clear value creation, and long-term operational stability.
Sector Deep Dives
Dairy Processing
Dairy stands as one of the world's most stable, necessary food categories. It exhibits long-term, non-cyclical demand and supports vast supply chain networks. Saputo's global footprint provides diversification and operational strength across markets.
Forestry & Engineered Wood
Arbec operates in an industry central to housing, manufacturing, and export economics. Forestry requires expertise, resource stewardship, regulatory compliance, and long-term discipline—values fully aligned with Jolina Capital's philosophy.
Logistics & Industrial Infrastructure
Transportation and logistics form the circulatory system of the modern economy. Our historical involvement with TFI International provided insight into consolidation strategies, operational excellence, and long-term industrial growth models.
Private Equity & Industrial Innovation
We identify opportunities in essential sectors and adjacent industries with high entry barriers, stable demand, and responsible leadership. We avoid speculative ventures, focusing instead on real-economy stability.
"Our portfolio reflects our belief that essential industries form the core of economic resilience and generational value."
A Family Tradition of Giving Back
At Jolina Capital, we believe that true success includes the responsibility to uplift others. The Amelia & Lino Saputo Foundation is the heart of that belief — a place where compassion meets action, and where community support becomes a shared purpose.
Founded by Amelia and Lino Saputo, the Foundation was created to help young people, families, and communities build brighter futures. Its mission is simple but powerful: support organizations that educate, empower, heal, and inspire.
Areas of Focus
The Foundation lives within Jolina Capital because our belief is clear: strong enterprises and strong communities grow together. When we support people, we support the future.

