The Current

"Lentil King" wants Canadian businesses to think bigger

Nov 24, 2025
Murad al-Katib, known as the 'Lentil King,' is the CEO of AGT Foods, which transformed from a basement startup to a $3B global pulse enterprise. He discusses the disruption of trade by tariffs and the urgency for Canadian businesses to diversify their markets beyond the U.S. Murad emphasizes the need for value-added agriculture and shares insights on investing in gateways to access emerging markets. He also reflects on the moral complexities of trading with non-democracies and advocates for infrastructure improvements to support Canadian agriculture.
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INSIGHT

Complacency Created Concentration Risk

  • Canada relied too heavily on easy access to the U.S., creating dangerous concentration risk in trade.
  • Murad Al-Katib argues diversifying markets is essential to make the economy resilient and sustainable.
ADVICE

Invest In Emerging Markets Now

  • Seek sustained presence in emerging markets rather than one-off trade deals.
  • Invest early to secure market access and stay vigilant even if near-term U.S. issues are resolved.
ANECDOTE

From Basement Startup To Global Pulses Firm

  • Murad quit his government job to start a lentil business while his wife was pregnant with twins.
  • He scaled it into a global company by focusing on pulses' soil benefits and rising protein demand abroad.
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