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Cara Donates $50,000 to Alberta Fire Relief

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VAUGHAN, Ont. — Cara Operations Limited and its employees have donated $50,000 to The Canadian Red Cross' Alberta Fires Appeal. “Everyone at Cara is heartbroken...

East Side Mario’s Now Offers Delivery

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VAUGHAN, Ont. — East Side Mario’s has launched its new national pick-up and delivery service, ‘Mario in Minutes’. The brand has created a guest services...

Cara Operations Celebrates Opening of East Side Mario’s in Mississauga

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VAUGHAN, Ont. — Members of Cara Operations’ board of directors and Mississauga mayor Bonnie Crombie celebrated the opening of a new East Side Mario’s...

Fairfax’s President Talks About the Company’s New Stake In Foodservice

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In a few short weeks last fall, there was a seismic shift in the Canadian foodservice landscape. With a couple of swift mergers, investments and acquisitions, Toronto-based Fairfax Financial Holdings Ltd. became a major player in the Canadian restaurant industry. Now nearly 1,000 restaurants across the country — including iconic brands such as Swiss Chalet, Harvey’s, Milestones, East Side Mario’s, Kelsey’s, Casey’s and The Keg — fall under Fairfax’s umbrella. But why would a financial holding company such as Fairfax — which owns numerous insurance businesses worldwide and has investments in such diverse companies as Blackberry Ltd., Torstar Corp (publisher of the Toronto Star newspaper), and retail chains William Ashley and Sporting Life — want to dive head-first into foodservice?

Canadian Trends and Directions Conference Spotlights Menu Trends

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TORONTO — Canada’s foodservice consumers are setting new standards for menu innovation, according to insights from the annual Canadian Trends & Directions Conference, held yesterday at the Westin Prince Hotel in Toronto, where 160 operators and suppliers gathered for a day of learning and networking.

Cara Acquires Prime Through Fairfax Deal

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VAUGHAN, Ont. — Vaughan, Ont.-based Cara Operations Limited has completed a strategic transaction with Fairfax Financial Holdings Limited to acquire Prime Restaurants Inc., following...

Financial Post: Fairfax Considers Cara Acquisition

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TORONTO — Toronto-based Fairfax Financial Holdings Ltd. may be looking to acquire Cara Operations Ltd., and unite Prime Restaurants Inc. and Cara under the...

Cara Set to Acquire Prime

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VAUGHAN, Ont. — Cara Operations Ltd., a full-service restaurant brand, just announced plans to acquire Prime Restaurants Inc., owner of premium Irish pubs and...

Week of Sept. 27, 2010

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  Couche-Tard Board Bid RejectedIn an update of Foodservice and Hospitality magazine’s foodserviceandhospitality.com report last week, shareholders for U.S. corner-store stalwart Casey’s have...

Week of May 10, 2010

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U.S. Restaurant Performance Index at Highest Level Since Sept. 2007 — NRAThe U.S. Restaurant Performance Index (RPI) of the National Restaurant Association...