Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (up 22.56 points to 16,136.59, a record high) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 24 cents, or 3.31 per cent, to $7.00 on 7.2 million shares. Element Fleet Management Corp. (TSX:EFN). Financial Services. Unchanged at $10.46 on 7.01 million shares. Aphria Inc. (TSX:APH). Healthcare. Down $1.00, or 6.60 per cent, to $14.15... Read More

Empire to expand FreshCo grocery chain in Western Canada amid restructuring woes

Empire to expand FreshCo grocery chain in Western Canada amid restructuring woes
Shares of Empire Co. Ltd. were down more than five per cent on Wednesday amid news it’s planning to convert up to a quarter of stores in Western Canada to its discount FreshCo banner as it struggles with industry challenges and increased labour costs. The company made the announcement after it posted a loss in its latest quarter as it was hit by... Read More

The value of maple and honey production grew in 2017, says Statistics Canada

The value of maple and honey production grew in 2017, says Statistics Canada
MONTREAL — Statistics Canada says maple syrup production increased three per cent this year to a record 12.5 million gallons as taps were added in most maple-producing provinces. Quebec produced 92 per cent of Canada’s maple syrup output, rising 2.8 per cent in the year. The total output follows a bumper crop in 2016, which saw production increase 36.5 per cent nationally. That... Read More

Annual food bill for Canadian family in 2018 expected to rise by $348: study

Annual food bill for Canadian family in 2018 expected to rise by $348: study
MONTREAL — Canadians are eating out more and can expect to pay extra to do so in 2018, suggests a forward-looking report into food prices. Food inflation overall is expected to rise between one and three per cent next year, says Canada’s Food Price Report, which was crafted jointly for the first time by researchers at Dalhousie University and the University of Guelph. For an average family of four,... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,114.03, up 10.52 points) Aurora Cannabis Inc. (TSX:ACB). Health care. Down seven cents, or 0.96 per cent, to $7.24 on 8.7 million shares. Katanga Mining Ltd. (TSX:KAT). Miner. Up 34 cents, or 25.37 per cent, to $1.68 on 7.4 million shares. Imvescor Restaurant Group Inc. (TSX:IRG). Restaurants. Down 11 cents, or 2.63... Read More

MTY Food Group growing beyond the food court with deal to buy Imvescor for $248M

MTY Food Group growing beyond the food court with deal to buy Imvescor for $248M
MONTREAL — MTY Food Group Inc. is growing beyond the shopping mall food court with a $248-million stock-and-cash deal to buy Imvescor Restaurant Group Inc. and its full-service restaurant and grocery products businesses. The friendly deal will bring together such MTY banners as Thai Express, Vanellis and Manchu Wok with Imvescor’s Baton Rouge, Pizza Delight and Scores restaurants to create... Read More

DavidsTea evaluating options, including sale, just two years after going public

DavidsTea evaluating options, including sale, just two years after going public
MONTREAL — Canadian beverage retailer DavidsTea is evaluating its strategic options more than two years after it went public and soon after rival Teavana shut its doors. The Montreal-based company announced the move Thursday while reporting weaker than expected third-quarter results. DavidsTea (NASDAQ:DTEA) says its losses surged 30 per cent to $6.5 million from $5 million a year ago. That... Read More

Molson Coors leaving Montreal to build brewery in south-shore city of Longueuil

Molson Coors leaving Montreal to build brewery in south-shore city of Longueuil
MONTREAL — Molson Coors is leaving the Montreal site where it opened a brewery in 1786 and will build a new operation on the south-shore city of Longueuil. The Montreal and Denver-based brewer (TSX:TPX.B) announced its long-anticipated decision Tuesday to employees. The company confirmed in July that it will spend about $500 million to build a new facility but didn’t identify... Read More

Grocers seek to restock the industry with innovation

Grocers seek to restock the industry with innovation
Recent Canadian grocery sector layoffs are about redefining business models more than trimming costs By Sylvain Charlebois Senior Fellow Atlantic Institute for Market Studies Downsizing is never easy. And just weeks before the festive season, reducing staff is bad for morale. But industry changes are forcing Canada’s grocers to rethink store structures, including staffing. Metro let 250 people go recently.... Read More