When the recall notice came in the mail, Michele Ashenden and her husband Vittorio Pulcini knew it was serious. The words “Urgent Vehicle Recall” in red letters were sprawled at the top, along with a warning that a defective fuel pump on their truck could lead to sudden loss of power and a crash. Ashenden … Read more
Canadian clothing maker Gildan Activewear said on Tuesday that its board has decided to put the company up for sale following a review by a special committee. The embattled Montreal-based company says it received a non-binding expression of interest from a potential purchaser that it did not name. It mandated investment banks RBC Capital Markets and Goldman Sachs Group … Read more
The revelation that Loblaw will end its 50 per cent discount on perishable foods like meat, fruit and vegetables as they near their best-before dates should attract the attention of Canada’s Competition Bureau, says one industry expert. Prof. Sylvain Charlebois, the director of Dalhousie University’s Agri-food Analytics Lab, believes the action taken by the grocery chain to align its policy with other food retailers might be … Read more
Canada’s ambassador to the United States says Ottawa must take concrete steps to prepare for the outcome of this fall’s pivotal presidential election, which could see Donald Trump returned to power. In an interview with CBC News on Saturday ahead of a Canadian cabinet retreat in Montreal — where she will brief ministers — Kirsten Hillman said … Read more
