Insights and Stories on COVID-19

Aug. 14, 2020 at 10:23 pm CDT

Alberta provincial officials have declared a COVID-19 outbreak at Cargill’s meat further-processing plant in Calgary, with five cases of the coronavirus connected to the facility. Provincial chief medical officer Dr. Deena Hinshaw tweeted Friday that “there are five cases linked to Cargill Case Ready Meats in #YYC.” Provincial health officials […]

By GFM Staff

Aug. 14, 2020 at 7:36 pm CDT

Sao Paulo | Reuters — Brazil’s JBS SA is reviving plans to list shares on Wall Street after dealing with the COVID-19 pandemic’s fallout, CEO Gilberto Tomazoni said on Friday, as the world’s largest meatpacker reported strong quarterly results. Speaking on a conference call with analysts following the company’s second-quarter […]

By Ana Mano

Aug. 14, 2020 at 1:22 am CDT

The federal government has lined up eight projects to source and distribute perishable produce, meat, eggs and seafood piling up across Canada due to the COVID-19 pandemic. As part of the federal pandemic response, Prime Minister Justin Trudeau announced in early May that Ottawa would budget $50 million for a […]

By Dave Bedard

Aug. 13, 2020 at 8:42 pm CDT

Updated, Aug. 18 — McDonald’s Canada’s pandemic-related “supply adjustment,” in which the burger chain cut its Canadian beef purchases to below 100 per cent, is set to end next month. The Canadian arm of the U.S. fast food giant announced Thursday it will resume its pre-pandemic policy of sourcing 100 […]

By Dave Bedard

Aug. 11, 2020 at 6:43 pm CDT

Reuters — After nearly a year of next-to-no dealmaking, cannabis companies are gearing up for mergers and acquisitions (M+A) as realistic stock valuations and the prospect of U.S. legalization attract buyers to a sector that has been decimated by oversupply and other issues, executives and investors say. Profitable cannabis companies […]

By Shariq Khan