Competition Bureau investigates allegations of bread price fixing

Competition Bureau investigates allegations of bread price fixing
TORONTO — An investigation by the Competition Bureau into allegations of price fixing of packaged bread products comes as demand for the pantry staple faces pressure from health-conscious consumers and heightened competition from discount retailers. John Williams, a partner at retail consulting company J.C. Williams Group, called the probe “shocking” given that Canada’s major retailers are governed by very-well defined codes of ethics. He... Read More

New Brunswick unveils plans for Crown-run marijuana stores, plus home delivery

New Brunswick unveils plans for Crown-run marijuana stores, plus home delivery
FREDERICTON — New Brunswickers will buy their legal marijuana at a subsidiary of the province’s liquor commission — and have sommelier-like staff to guide them. The province also announced Wednesday the stores will be more tightly controlled than liquor outlets, but home delivery will be available. “No one under the legal age will be allowed inside the premises. That will... Read More

Liberals accused of diabetes tax grab with apparent benefit clawback

Liberals accused of diabetes tax grab with apparent benefit clawback
OTTAWA — Health groups joined forces on Sunday with the Conservative opposition to accuse the Liberal government of trying to raise tax revenue on the backs of vulnerable diabetics. The accusation opened a new front in the ongoing opposition waged war on government taxation policy, amid the backdrop of the conflict-of-interest controversy dogging Finance Minister Bill Morneau over whether he’s... Read More

Marijuana producer Aphria inks deal to raise $80M, shares fall after TSX notice

Marijuana producer Aphria inks deal to raise $80M, shares fall after TSX notice
LEAMINGTON, Ont. — Shares in Aphria Inc. fell nearly 10 per cent in early trading as the marijuana producer announced a deal to raise $80 million even as questions swirled about the future of its listing on the Toronto Stock Exchange. The company announced the bought-deal financing Tuesday that will see it issue more than 11 million shares at a... Read More

TMX Group cracks down on marijuana companies that violate U.S. federal laws

TMX Group cracks down on marijuana companies that violate U.S. federal laws
TORONTO — Companies with business activities that violate U.S. federal law regarding marijuana could undergo a delisting review at the Toronto Stock Exchange, said The TMX Group, which operates the main index and TSX venture. “Based on our quality control and standards that we have set for our market, our rules say that you cannot be in violation of applicable... Read More

Amazon brings democratic simplicity to the food industry

Amazon brings democratic simplicity to the food industry
The online giant is essentially about merchandizing convenience for all. Organic foods and meal kits are its latest targets By Sylvain Charlebois Senior Fellow Atlantic Institute for Market Studies Amazon isn’t wasting time wading in to the food industry – and speed of execution and ease of delivery are at the heart of its business model. As soon as United... Read More

Want an innovative economy? Fund research

Want an innovative economy? Fund research
To transform Canada’s ability to compete on the global stage requires a significant funding commitment to research By Paul Armstrong & Carol Herbert EvidenceNetwork.ca, Troy Media With Canada’s 150th birthday squarely in the rear-view mirror, we should now look to our future. Our government has been staking much on an “innovation economy.” So how do we get there? Follow the... Read More

BrightPath On The Path To Major Growth

BrightPath On The Path To Major Growth
BrightPath Early Learning Inc.  (TSXV: BPE) received a 42% boost in its share price when the Company announced today that it would be acquiring a portfolio of 20 child care centres located in Ontario. BrightPath will pay $22 million for approximately 2,500 licensed spaces in 20 early learning and child care centres located in the Regions of Peel and Halton,... Read More

Covalon Lands Distribution Deal With Medline

Covalon Lands Distribution Deal With Medline
Covalon Technologies Ltd. (TSXV: COV) share price received a boost after announcing a distribution agreement with Medline Industries Inc., the largest privately held medical distributor in the United States. Medline will be distributing Covalon-branded products lines into its extensive United States customer base. Shares of Covalon were up 37% reaching a day high of $1.49 on above average volume and... Read More

Dehaier Medical Receives US$20 Million Investment

Dehaier Medical Receives US$20 Million Investment
Dehaier Medical Systems Ltd. (NASDAQ: DHRM) receives US$20 million to expand their wearable medical device business and to launch other new smart wearable devices and mobile medical solutions over the next few years. The Company entered into a definitive securities purchase agreement with Hangzhou Liaison Interactive Information Technology Co. Ltd., a publicly listed company on the Shenzhen Stock Exchange (Symbol:... Read More