Reuters — Tim Hortons parent Restaurant Brands International said Monday it will buy sandwich chain Firehouse Subs for US$1 billion, at a time when its popular brands are struggling due to increased competition from rivals launching new menu items. Analysts have said fried chicken sandwich pioneer Popeyes, owned by RBI, has been hurt by McDonald’s […] Read more
Tim Hortons parent to buy Firehouse Subs as other brands drag
Chain's comparable year-to-date sales up 20 per cent against pre-pandemic levels
Pot company Hexo to shut production sites, cut jobs
Reuters — Pot producer Hexo Corp. said Tuesday it will close three production sites in Canada in early 2022, affecting 155 employees, as part of its integration plans following recent acquisitions. Gatineau, Que.-based Hexo said it will cease operations at its Kirkland Lake and Brantford facilities in Ontario at the end of January and at […] Read more
Ontario moves to phase out wild boar farming
Province, feds fund swine fever defense plans
Hoping to improve its odds against African swine fever ever getting a toehold in Canada’s hog herds, Ontario plans to regulate Eurasian wild boar as an invasive species starting in the new year. To that end, the province is making funding available to farmers who actively breed and raise wild boar to “shift to other […] Read more
Another La Nina winter predicted
Polar vortex to chill Prairies, more snow further east, AccuWeather says
Data compiled by a U.S. federal weather forecasting agency show La Nina conditions have developed over the central Pacific Ocean and are likely to linger through February. And La Nina, in turn, is expected to produce hard cold snaps over the Prairies, above-normal precipitation over southern British Columbia and relatively mild temperatures with more snow […] Read more
Trimble dealer shores up cross-Canada coverage
Vantage Canada picks up Ontario rights
The company handling sales and service for Trimble precision ag technology across most of Canada has reached a deal to handle the rest of it. Vantage Canada announced Friday it has bought the Trimble dealership rights and assets for Ontario from Premier Equipment, a John Deere dealership chain with nine locations in the province’s southern […] Read more
Feds lock in AgriRecovery funds before election call
Ottawa's pledged share now up to $500 million
Just hours ahead of a federal election call, the federal government has committed $500 million to cover its share of federal/provincial AgriRecovery support plans for drought-hit farmers across Canada’s West. Shortly before Prime Minister Justin Trudeau’s visit Sunday to Rideau Hall seeking the dissolution of Parliament for a federal election, Agriculture Minister Marie-Claude Bibeau confirmed […] Read more
Nestle to shut Ontario foodservice processing plant
Trenton facility to close in mid-2022
Global food processing giant Nestle plans to shut a southeastern Ontario plant and move its work to sites in the U.S., citing a “highly competitive” market. The company announced Thursday it will start to wind down work late this year at the Nestle Professional plant at Trenton, where dehydrated dry-blend and frozen products are made […] Read more
More upgrades planned for Nestle ice cream plant
Two more production lines to be added
The southwestern Ontario plant supplying Haagen-Dazs, Real Dairy and Drumstick ice cream and Parlour frozen desserts across Canada is set for another $41.3 million expansion, including two new production lines. Nestle Canada said June 23 it expects to break ground in September for a 26,600-square foot expansion of its London, Ont. plant with “additional buildings, […] Read more
Maple Leaf takes up Ontario poultry plant
Option exercised on Cericola Farms' remaining facility
A southern Ontario processing plant specializing in organic and antibiotic-free poultry products has gone to Maple Leaf Foods in a postscript to a previous sale. Toronto-based Maple Leaf announced Friday it had closed its purchase of the Sure Fresh Foods poultry plant at Schomberg, Ont., about 30 km north of Vaughan, for an undisclosed sum, […] Read more
Hexo steps up cannabis M+A spree with Redecan deal
Reuters — Hexo Corp said on Friday it would buy Redecan, a privately-owned Niagara-region cannabis producer, for $925 million in cash and stock, as the pot producer bolsters its portfolio to tap surging demand and position itself as a top recreational weed supplier. Cannabis demand surged last year as many people turned to pot during […] Read more
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