Multinationals face new pressures in grocery stores

Consumers increasingly want fresh, unprocessed food. The middle of the store now sees less traffic and that’s clearly affecting sales for most grocery products

Multinationals face new pressures in grocery storesSkippy peanut butter and Dad’s chocolate chip cookies are gone from the Canadian marketplace. If you feel sad about seeing these iconic brands go, brace yourselves. It’s just the beginning. Within days, two major U.S.-based food multinationals pulled well-known brands from the Canadian market. Mondelez International discontinued the iconic Dad’s cookies and Hormel Foods pulled Skippy peanut…

Canada’s investment recession drags on

The collapse of global oil prices, coupled with weak prices in other commodity markets, a key factor behind Canada’s investment slump

Canada’s investment recession drags onWhile Canada’s economy continues to grind out positive if unspectacular gains in employment and gross domestic product (GDP), below the surface the picture is less encouraging. For several years, our economy has basically been kept afloat by free-spending consumers and overheated real estate markets. Throughout this period, export growth has been meagre and investment outside…