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Maple Leaf releases strong first-quarter results

1 week ago

Maple Leaf releases strong first-quarter results

Maple Leaf Foods continues to see impressive results after spinning off its pork-producing division into a separate entity known as Canada Packers. Sales for Maple Leaf Foods were $963 million compared to $907 million in Q1 2025.

Vive Crop Protection promotes 3 from within

Crop protection firm Vive Crop Protection, which is based in Mississauga, has promoted three leaders to its executive team. Greg Esco, Dor Kestecher and Jeff Lacrooy have all taken on expanded responsibilities.

Organized crime groups are behind grocery theft

The Retail Council of Canada is calling grocery store theft a crisis, with losses now approaching $10 billion annually and it’s only growing. According to sources who spoke to CTV National News, organized crime is now also involved.

Couche-Tard’s Miller Canadian retailer of the year

The Retail Council of Canada tapped Alex Miller as recipient of the Distinguished Canadian Retailer of the Year Award. Miller is only the third CEO in Couche-Tard’s 45-year history and has more than 25 years’ experience in the sector.

Loblaw reports higher Q1 profit, sales

Loblaw raised its quarterly dividend as it reported first-quarter profit and revenue rose compared with last year. The results showed discount grocery banners outperformed, and revenue was $14.72 billion, up from $14.14 billion in Q1 2025.

Tim Hortons' parent profit up from last year

Tim Hortons' parent company Restaurant Brands International reported a Q1 profit of US$338 million, up from US$159 million. Revenue for the company, which includes Burger King, Popeyes and Firehouse Subs, totalled US$2.26 billion.

Manitoba gov’t taking Sobeys to municipal board

The Manitoba government is challenging property contracts held by Sobeys, claiming the firm is making it more difficult for competitors. The government is bringing the issue to the province’s municipal board, after a law was passed prohibiting restrictive covenants.

Liquidation Marie founder aims for 50 stores

Marie-Ève ​​Breton's phone never stops ringing. During an interview in her warehouse in Saint-Roch-de-l'Achigan, she received about 10 calls and three times as many texts. Despite the hustle, she speaks calmly about the $2.97 raspberries and her 660 employees.

OPINION: Restaurant industry’s breaking point has arrived

Canada’s restaurant industry is often treated as a symbol of resilience. Through inflation, lockdowns, labour shortages, and supply chain disruptions, restaurateurs have somehow kept the lights on. But beneath the surface lies a darker reality: The economics are increasingly untenable.

Asian restaurant chain closing all locations in Canada

A southeast-Asian restaurant chain is closing its seven locations across Canada. Basil Box has been in business since 2015 in Canada with several locations in Ontario and one in Edmonton. It made the announcement on Facebook.

Shake Shack opening first Alberta location

The American fast-food chain will start serving burgers, hot dogs – and of course, milkshakes – at Chinook Centre. Shake Shack started as a single hot dog cart in New York City in 2001. Now, there are more than 400 locations globally.

Sollio announces appointment of BMR CEO

CEO Pascal Houle of Sollio Cooperative Group announced the appointment of Charles Grégoire-Béliveau as CEO of BMR division. Current CEO Alexandre Lefebvre steps down after five years at the helm. Sollio is Canada’s largest agricultural cooperative.

U.S. dairy exports to Canada increase

U.S. dairy exports to Canada have increased nearly 80 per cent since 2020. Five years ago, American businesses sold US$736 million to Canadian buyers. Last year, that number was $1.31 billion, says the U.S. Department of Agriculture.

How to grow Canada as leader in agricultural AI use

Farms may seem an unlikely setting for a technological revolution, but Brock University’s Charles Conteh believes they may be the next frontier for AI advancements. To bring that vision to fruition, Conteh says the sector needs an “innovation-systems approach.”

Federal proposal to amend food safety laws sparks concern

A non-profit says it’s concerned about the government’s plan to amend food safety laws to take food security and affordability into account. Mary Lou McDonald, Safe Food Matters president, said the government wants to prioritize trade over the Canadians’ health.

Campbell’s completes acquisition of 49% of La Regina

Campbell’s completed the purchase of a 49-per-cent interest in the maker of Rao’s pasta sauces. Based in Italy, and founded by Antonio Romano in 1972, Rao’s Homemade recently surpassed $1 billion in trailing 12-month net sales.

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