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  • Alimentation Couche-Tard subsidiary acquires U.S.-based Pride c-store chain

    Columbus-based Mac's Convenience Stores LLC, a subsidiary of Laval, Quebec-based Alimentation Couche-Tard Inc., acquired Pride C-Stores Inc.
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  • RioCan CEO says real estate industry's norms have turned upside down

    Demand for space in prime office towers and shopping malls has plunged because the pandemic suddenly turned them into places that customers and tenants "don't even want to go to,'' RioCan Real Estate Investment Trust's veteran chief executive said last week."Unfortunately ...
  • Starbucks plans to close up to 200 Canadian locations over two years

    Starbucks is planning to close up to 200 coffee shops across Canada as it responds to changes of consumer habits in the COVID-19 pandemic.
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  • New rules to speed up approvals for exploratory drilling off Newfoundland

    The Canadian government is moving ahead with new rules it says will speed up approvals for exploratory oil and gas drilling off the east coast of Newfoundland, but conservation groups are warning the changes undermine environmental protections.Natural Resources Minister Seamus O'Regan issued a statement last week saying the new regulation will improve the efficiency of assessments while upholding the “highest standards'' of environmental protection.“Our government recognizes that Newfoundland and Labrador's ability to rebound from the COVID-19 pandemic will depend largely on a strong, resilient and innovative offshore,'' O'Regan said.Three environmental groups have launched a federal court challenge, arguing exploratory drilling off Newfoundland will now be green-lit without proper environmental assessments.The Ecology Action Centre, Sierra Club Canada Foundation and World Wildlife Fund Canada argued earlier this month that the science behind the new “regional assessment'' or RA process is flawed.Lawyer James Gunvaldsen-Klaassen, whose firm Ecojustice is representing the groups, argued that the regulation “flies in the face'' of the purpose of environmental scrutiny under the new Impact Assessment Act.The court later decided the case can proceed to a judicial review, but denied the group's request for an injunction.“The federal government stated that it intended to use the flawed RA and a loophole in the ...
  • Canopy Growth to lay off 500, close two greenhouses

    In early January, the company delayed the debut of its cannabis beverages Canopy Growth Corp.
  • Amazon Go expands foodservice offerings

    Amazon is to sell to hot food and espresso at select Amazon Go locations in the United States.
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  • Trans Mountain pipeline expansion cost jumps 70% to $12.6 billion

    Delays and design changes have driven the cost to build the Trans Mountain pipeline expansion up by about 70% to $12.6 billion from the $7.4 billion estimate made three years ago, the company says.The project has cost about $2.5 billion to date, including the impact of delays and additional regulatory processes, leaving an additional $8.4 billion needed to complete construction, plus $1.7 billion of financial carrying costs, said president and CEO Ian Anderson on a conference call Feb.
  • INS Market ramps up expansion in Quebec

    INS Market is expanding its convenience concept in Quebec.
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