Insights and Stories on Canada Bread

May. 28, 2016 at 6:25 pm CDT

Canada Bread, the Canadian arm of Mexican baked-goods giant Grupo Bimbo, plans to close its bakery at North Bay, Ont. later this summer. The company announced Wednesday it will begin to gradually wind down operations, transfer the plant’s work to its other bakeries in Quebec and Ontario and shut down […]

By Staff

Mar. 24, 2015 at 8:27 pm CDT

The Canadian arm of Mexican baked goods giant Grupo Bimbo plans to wind down its Ben’s Bakery operations in Halifax starting this summer and close its plant in November. Canada Bread said Monday the sliced bread and English muffins made at its Halifax plant “can be produced at other bakeries […]

By Staff

Feb. 26, 2015 at 10:00 am CST

Reuters — Meat processor Maple Leaf Foods reported a smaller, but still disappointing, quarterly loss on Thursday, as it worked through a plan to close older packing plants. Even so, the company will double its quarterly dividend to eight cents. CEO Michael McCain said the move reflected confidence in the […]

By Rod Nickel

Dec. 18, 2014 at 7:24 pm CST

Canada’s biggest dairy processor is set to sell its baked goods business to Canada Bread for $120 million cash. Montreal-based Saputo’s baked goods business is billed as Canada’s top producer of snack cakes, sold mainly in the Canadian retail market and “on a small scale” in the U.S. The company’s […]

By Staff