Monsanto lawsuit ruling leaves Bayer in need of more Aspirin

Monsanto, now a division of Bayer, ordered to pay $289M to a single plaintiff. Even if Monsanto’s brands no longer exist, its legacy remains

Monsanto lawsuit ruling leaves Bayer in need of more AspirinIn California, where lawsuits can be found more easily than drinking water, German chemical giant Bayer has been dealt a huge legal blow. Monsanto, now a division of Bayer, was ordered to pay a whopping US$289 million in damages to a gardener suffering from cancer, allegedly from using Monsanto products. Given that more than 5,000 such…

Meal kits set the table for a new food retailing boom

Instead of takeout, consumers can choose a meal kit that allows them to whip up an appealing dish in minutes

Meal kits set the table for a new food retailing boomMeal kits are sweeping across North America. It’s the perfect trend for consumers who want to be empowered by cooking but still need convenience. For example, Walmart has just partnered with Gobble to deliver meal kits. In the battle over the future of food consumption in the U.S., Walmart wants a fighting chance against the industry’s…

Premiers the barrier to free trade within Canada

Our premiers regularly meet to discuss liberalizing trade. Year after year, decade after decade, nothing concrete is ever accomplished

Premiers the barrier to free trade within CanadaBy Marco Navarro-Genie and Alex Whalen Atlantic Institute for Market Studies Opinions vary as to whether the meeting of Canada's premiers in mid-July in St. Andrews, N.B., was a success. The expectations for those hoping for freer trade within Canada were high. But if the expectations were high, they were largely created by some of…

Online grocery stampede changing the food retail landscape

The Amazon-Whole Foods buyout shocked the grocery world and is now leading to death by a thousand cuts for the food industry

Online grocery stampede changing the food retail landscapeOne after the other, grocers are going online. All of them, at some point over the last 12 months, have announced some sort of commitment to an e-commerce strategy. Costco launched its home delivery pilot in Ontario, while Maxi, Loblaws’ discount stores in Quebec, jumped on the virtual bandwagon with their Click and Collect program.…

Table set for grocery industry bloodbath

Traditional grocers are struggling to adapt to falling sales and weak food inflation as consumers become obsessed with convenience

Table set for grocery industry bloodbathDespite posting decent financial results this year, sales at major Canadian food retailers are tumbling faster than Niagara Falls. Coupled with a weak food inflation rate, the trends for the industry are deeply troubling. Recent Statistics Canada figures suggest the market shift many industry observers were dreading is indeed happening. Top grocers such as Loblaw, Sobeys and Metro are seeing…

The rise of the conscious (and often reluctant) carnivore

The meat industry must adapt as a growing number of consumers look for protein from a variety of sources

The rise of the conscious (and often reluctant) carnivoreCanadians are enjoying summer picnics and barbecues, and meat often plays a central role in the menu. But eating meat is becoming increasingly controversial, as is selling it. In foie gras-friendly France, a number of anti-meat incidents have been reported. In recent weeks, several butcher shops and slaughterhouses were sprayed with fake blood. Other protesters…

Federal carbon tax seems destined to fail

P.E.I. has added itself to the list of carbon tax opponents, following Premier Doug Ford of Ontario. And the list is growing

Federal carbon tax seems destined to failIf there ever was a federal carbon tax consensus in Canada, it's now dissolving. Rumours of its death have been floating for some time, but the recent Prince Edward Island announcement rejecting it has the feel of an unofficial invitation to its wake. Did the smallest provincial jurisdiction in the country kill Prime Minister Justin…

Tim Hortons rolling up the rim to win over China

The decision to export the Canadian corporate icon is a very aggressive global extension strategy that could pay off

Tim Hortons rolling up the rim to win over ChinaTim Hortons is going where the growth is: China. The Canadian institution announced it will expand its portfolio of 4,700 restaurants by signing a joint venture partnership with a Chinese-based equity firm. Tim Hortons has locations in the United States, the Arab Emirates, the Philippines and the United Kingdom. And it intends to open 1,500…

The trouble with edible marijuana products

Edibles scare Health Canada and the food industry, since they’re discrete, convenient and potentially dangerous

The trouble with edible marijuana productsOn Oct. 17, smoking cannabis will become legal in Canada. Cannabis edibles, on the other hand, will be legal in a little less than a year. Once cannabis-infused food products are available, things will get complicated in Canada’s food industry. But with the right regulations, this is a profit opportunity that doesn’t come by every…

Soup’s on: major upheaval awaits the food industry

Kraft Heinz may not get its hands on Campbell Soup, but the industry still faces major consolidation and widespread change

Soup’s on: major upheaval awaits the food industryCampbell Soup Co. stocks soared after news suggesting the company could be bought by Kraft Heinz Co., one of 3G Capital and Warren Buffett’s pet projects in the food sector. Even though the deal is highly unlikely, the rumours point to a much larger story in food processing. Since 2013, the acquire-and-cut modus operandi has…

Tests help improve student achievement

P.E.I. introduced standardized testing and student achievement substantially improved. Other provinces should take note

Tests help improve student achievementThe latest test results from the Pan-Canadian Assessment Program (PCAP) reveal that Prince Edward Island students scored among the highest in the country. It’s impressive, but even more so when we remember that a decade ago P.E.I. scored at the bottom of Canadian provinces. One shouldn’t read too much into the results of one assessment,…

Buy Canadian economics carry a steep cost

While Canadians may embrace buying Canadian food products in retaliation for the trade dispute with the U.S., it won't come cheap

Buy Canadian economics carry a steep costCanadians are encouraging one another to go “Trump-free” – that is, to shop for groceries without buying a single American product. Even restaurants are jumping on the bandwagon by serving “Trump-free” dishes. These are interesting reactions in the face of Washington’s somewhat contradictory foreign trade policies. In a nutshell, here’s what happened following the G7…

Canada’s push for unfettered trade should begin at home

Supply management is protectionism by another name. And domestic protectionism shouldn’t be ignored as we seek freer trade

Canada’s push for unfettered trade should begin at homeA significant amount of ink is being dedicated on both sides of the Canada-U.S. border to the trade conflict that President Donald Trump precipitated at the end of the G7 meetings in Charlevoix, Que. Trump wants a better trade footing for the United States, pointing out that tariffs of around 270 per cent are slapped…

Dairy industry finally showing signs of common sense

Supply management 2.0 is finally here. To survive, farmers who see the writing on the wall will need to develop new skill sets

Dairy industry finally showing signs of common senseIt was not the G7 most expected. Not even close. But should we be surprised? As U.S. President Donald Trump lashes out on Twitter against Canadian dairies, Canada is beginning to realize that there may be no North American Free Trade Agreement (NAFTA) 2.0 after all. Washington is apparently aiming for two separate deals. But over…

In this trade war, mustard and ketchup are weapons

Ottawa seems to want to send a clear message to Washington, while offering Canada’s food industry an opportunity to grow

In this trade war, mustard and ketchup are weaponsWe are now officially at war with the United States – in a trade war, that is. In response to U.S.-imposed tariffs on steel and aluminum, Canada intends to do the same on other goods. So like any trade war, it could escalate. Canada will unlawfully implement counter measures that will take effect on July…
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