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Premium Brands brings in record revenue in Q2
Premium Brands brings in record revenue in Q2
Premium Brands (PBH-T) just reported revenue of $2.4 billion for the second quarter, a record for the company, and more good news may be on the horizon: the price of a major commodity could be dropping.
Saputo reports first quarter 2027 financial results
Saputo has reported its results for the first quarter of 2027. The Canadian dairy company delivered higher profitability across all four of its operating sectors. Revenues reached $4.421 billion, representing an increase of $65 million.
Burger King dethrones Tim Hortons at parent RBI
Restaurant Brands International released earnings results, reporting US$2.52 billion in total revenues, an increase from US$2.4 billion. Growth was led by Burger King, its “standout performer”, as well as continued strength in its international segment.
Costco’s July sales up 4.2% in Canada
Costco Wholesale reported net sales of US$23.12 billion for July, up from US$20.89 billion last year. Comparable sales for the period eincreased 4.2 per cent in Canada. Costco operates 115 warehouses in Canada.
How Goodfood went from $1-billion to a three-cent stock
As the Montreal meal-kit company shot to unicorn status, worth $1 billion, Goodfood bet the party would last. Shares closed Tuesday at three cents, valuing it at $3 million. The next day, Goodfood filed for creditor protection.
Can Mauricio Leyva transform 7-Eleven?
Mauricio Leyva hasn’t even settled into his new role yet, but 7-Eleven’s incoming CEO is already facing significant challenges. Parent company Seven & i didn’t hire Leyva, an industry outsider with decades of beverage leadership experience, to maintain status quo.
Setting Manitoba faba beans up for high-value food market
In 2025, Canadian farmers planted 68,800 acres of faba beans — compared to almost 4.4 million acres of lentils, 3.5 million acres of peas and 541,000 acres of chickpeas. Most was in the Prairies compared to Manitoba’s 6,500 planted acres.
Ontario launches review of Agricorp, LCBO
The Ontario government launches reviews of several provincial agencies that will reportedly focus on efficiency, governance and productivity to ensure value for taxpayer dollars and to allocate more resources. Starting this summer, the province intends to review LCBO and Agricorp.
Four B.C. shellfish harvesters fined a combined $18,000
Fisheries and Oceans Canada (DFO) took enforcement action against four individuals involved in illegal shellfish harvesting in Deep Bay, B.C. They were convicted and fined a combined total of $18,000 for multiple violations of the Fisheries Act.
U.S. trade talks focus on booze ban, dairy
The Carney government and the Trump administration are closer to a “comprehensive” trade deal, sources say, as negotiations intensify ahead of a looming wave of new U.S. tariffs. Talks have centred on Canada making concessions on major U.S. trade irritants.
IGA to return to Edmonton’s Valleyview community
IGA is returning to Edmonton’s Valleyview community this month. On Aug. 20, the Empire Company banner will reopen a location that closed two years ago. The store previously served residents for more than 60 years.
McDonald’s Canada beverage platform shows early success
McDonald’s says its new specialty beverage platform is performing at or above expectations in Canada, giving the restaurant giant early evidence that an expanded cold-drink menu can generate customer visits beyond its traditional meal periods.
Taylor Farms recalls jalapeno products over salmonella
Taylor Fresh Foods is recalling some products that include jalapenos because of salmonella contamination worries. The announcement comes a few weeks after Taylor Farms voluntarily recalled its iceberg lettuce because of a potential link to a multistate cyclospora outbreak.
Health officials investigate salmonella outbreak at Chipotle
Chipotle Mexican Grill removed jalapenos from some of its restaurants after determining the peppers could potentially be tied to a salmonella outbreak public health officials are investigating. The company did not specify where the initial peppers came from.
21,000 U.S. cyclospora cases reached
Michigan updated its case count, reporting 11,234 illnesses and 193 hospitalizations. Ohio released an updated case count of 4,087 cases of cyclosporiasis, bringing state-reported totals for all 50 states to at least 21,775 cases.
Kellogg removing artificial dyes from cereals by end of year
Kellogg will remove artificial colours from all cereals by the end of this year. The change comes a year ahead of schedule. Kellogg said last August that it would remove synthetic dyes from its cereals by the end of 2027.
Industry Events
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Plant Forward Conference
Sep 21 2026
to Sep 23 2026
Saskatoon, SK -
2026 Meat Industry Expo
Oct 02 2026
to Oct 03 0003
The International Centre -
Food Forward Summit
Oct 08 2026
The International Centre Mississauga, Ont. -
Grocery Innovations Canada 2026
Oct 27 2026
to Oct 28 2026
Toronto Congress Centre North Building -
Arrell Food Summit 2026
Nov 06 2026
Four Seasons Hotel Toronto
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