An Ontario court has approved a plan to sell Toys “R” Us Canada to three different buyers as the company works to reduce its debt […]
Tag: business news
Community Criticism Mounts as Self-Proclaimed Indigenous Café Ordered to Shut Down
Indigenous Kitchen, a café on Vancouver’s Commercial Drive, is facing criticism after promoting itself as Indigenous-owned when it was not. Inez Cook, owner of the […]
Intercity Shopping Centre sold to new owners
THUNDER BAY — Intercity Shopping Centre has been sold to Montreal-based real estate company Leyad, which plans to redevelop the large former Sears space that […]
Tim Hortons doubles down on Canadian identity as coffee chain rivalry heats up
Tim Hortons says restaurant owners across Canada are investing $400 million this year to build and renovate locations. The plan includes 80 new restaurants and […]
The Beer Store to close four Ontario locations next month
Four more The Beer Store locations in Ontario will close next month as the province’s alcohol market continues to expand. The latest shutdowns follow recent […]
Minute Maid Frozen Concentrated Juice is being discontinued, and is leaving store shelves.
Frozen juice from concentrate is disappearing from store shelves as companies say fewer people are buying it. Minute Maid is ending its frozen juice products, […]
Cricket Processing Plant in London, Ontario Placed in Receivership Over $41M Debt
Aspire Food Group Placed Into Receivership Amid $41.5M Debt Months after announcing major layoffs, Aspire Food Group—a London, Ontario-based insect agriculture firm specializing in cricket […]
Rogers Shakes Up Tradition with $7 Billion Asset Sale
In its latest third-quarter earnings report, Rogers announced a strategic shift: it plans to sell a portion of its network assets for $7 billion. The […]
Cineplex ordered to pay $38.9M by Competition Tribunal in ticket fee case.
Cineplex Inc. has been ordered to pay a record $38.9 million fine after the Competition Tribunal ruled that the theater chain engaged in deceptive marketing […]
