Reuters — Restaurant Brands International said it was off to a “great start” this year, after new product launches at its Burger King and Tim Hortons chains in 2015 helped boost sales in a highly competitive market. Shares of the Ontario-based company, which reported a better-than-expected quarterly profit on Tuesday, rose as much as nine […] Read more
Burger King, Tim’s owner says 2016 off to ‘great start’
Year-over-year same-store sales climb for A+W
Canadian burger-and-root beer chain A+W’s recent moves to boost the profile of its ingredients in a crowded quick-service playing field has pushed its sales past the billion-dollar mark in 2015. The A+W Revenue Royalties Income Fund on Friday reported net income of $21.32 million on $1.061 billion in reported sales from the 814 restaurants in […] Read more
McDonald’s sales beat as all-day breakfast a hit
Reuters — McDonald’s Corp. reported better-than-expected quarterly same-restaurant sales as the launch of all-day breakfasts proved to be a hit with diners in the U.S. and demand continued to recover in China. The world’s biggest restaurant chain’s shares jumped 3.4 per cent in premarket trading on Monday. McDonald’s introduced all-day breakfasts in October in the […] Read more
Campbell Soup to label U.S. products for GMOs
Reuters — Campbell Soup said it will label all its U.S. products for the presence of ingredients derived from genetically modified organisms, becoming the first major food company to respond to growing calls for more transparency about ingredients. The world’s largest soup maker also said it supports the enactment of federal legislation for a single […] Read more
McCain french fry plant gets public funds for upgrades
CORRECTED, Jan. 13, 2016: The Manitoba and federal governments are dipping into an agribusiness support fund to cover half the cost of equipment upgrades for McCain Foods’ french fry plant in the province’s southwest. Federal Agriculture Minister Lawrence MacAulay and provincial Agriculture Minister Ron Kostyshyn on Wednesday announced $380,000 from the Growing Value program for […] Read more
Quebec heading toward neonic limits on crops
The Quebec government is preparing consultations ahead of a wide legislative swath through the province’s pesticide sector, to limit farmers’ use of neonicotinoid insecticide seed treatments and certain other pesticides. Environment Minister David Heurtel on Sunday released the province’s pesticide strategy for 2015 to 2018, mapping out the Couillard government’s plans in those years to […] Read more
ConAgra to spin off Lamb Weston potato unit, rebrand
Reuters — ConAgra Foods said it will spin off its Lamb Weston frozen potato products business into a separate public company, the latest in a series of changes announced by the maker of Chef Boyardee pasta and Slim Jim jerky at a time when consumers are shifting to less-processed foods. Lamb Weston will hold ConAgra’s […] Read more
Syngenta reported rejecting ChemChina takeover offer
Reuters — Syngenta has rejected ChemChina’s offer to buy the Swiss agricultural chemicals group, citing regulatory concerns, Bloomberg reported on Thursday. China National Chemical Corp., better known as ChemChina, offered about 449 Swiss francs (C$597) per share for Syngenta, valuing the Basel, Switzerland-based company at about 41.7 billion Swiss francs (C$55.4 billion), according to the […] Read more
Pete Luckett’s stores to become arm of Sobey’s
A hero to foodies across Canada is set to sell his retail and wholesale grocery businesses in Nova Scotia off to grocery giant Sobeys. Pete Luckett, the owner of the Pete’s Fine Foods stores in Halifax and Bedford, N.S. and a related wholesale business, announced Thursday he’ll sell those operations to Nova Scotia-based Sobeys for […] Read more
Alberta producers in the final stages of harvest
Alberta crop conditions as of October 20, 2015
Reading Time: 2 minutes Harvest is in its final stages. Producers were able to take advantage of warm, mostly dry conditions this past week to raise the completion percentage to 96.3 per cent. Dry beans and potatoes are virtually completed and only 15 per cent of the sugar beet crop remains to be dug. What remains outstanding is principally […] Read more
Cyber-Savvy Farmer
