GFM Network News


(KegSteakhouse.com)

The Keg to merge into Swiss Chalet, Harvey’s parent

Major Canadian steakhouse chain The Keg is set to merge into Cara Operations, the parent for dining chains such as Swiss Chalet, Harvey’s, St-Hubert and Milestones, in a $200 million cash-and-stock deal. The two companies said Tuesday a merger will afford them “synergistic opportunities in marketing, real estate and overall costs that will help further



(St-Hubert.com)

Cara to buy St-Hubert restaurant, food businesses

Reuters — Cara Operations, owner of the Swiss Chalet casual dining chain and Harvey’s burger outlets, said Thursday it will buy St-Hubert BBQ, one of Quebec’s largest casual dining chains, for $537 million to gain a foothold in the province. The deal, expected to close this summer pending regulatory approvals, was cheered by analysts and investors.

Manitoba Egg Farmers, which in 2013 called a halt to installation of conventional cages, has publicly demonstrated enriched housing systems.  (Manitoba Co-operator photo by Shannon VanRaes)

Egg farmers to phase out cage housing over 20 years

Winnipeg | Reuters — Canada’s egg farmers plan to replace conventional hen cages with more humane conditions over the next 20 years, amid growing pressure from consumers, restaurants and food companies. The plan — announced Friday by Egg Farmers of Canada, an industry group that manages nearly all of the country’s egg supply — comes