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Odd Burger Appoints New CFO

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LONDON, Ont. — Odd Burger Corporation has appointed Murtaza Chevel as its new Chief Financial Officer (CFO) effective Jan. 22, 2024. Chevel holds a Chartered...

Food Companies in Canada Risk Failing to Meet Key Sustainability Promises

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TORONTO — Many leading food companies in Canada risk failing to meet key sustainability promises made to consumers, according to the third edition of...

Foodtastic Acquires Noodlebox

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MONTREAL — Foodtastic has acquired Noodlebox as part of its continued expansion in the quick-service restaurant segment. "We’re delighted to welcome Noodlebox into the Foodtastic...

Quesada Celebrates Opening of 200th Restaurant in Mississauga, Ont.

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TORONTO — Quesada has opened its 200th restaurant in Mississauga, Ont.’s Port Credit neighbourhood. To celebrate this milestone event, Quesada is thanking guests across Canada...

Milestones Restaurants Expands to Quebec

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MONTREAL — Milestones Restaurants has expanded to Quebec with the opening of its first restaurant in Montreal. Situated in the west of Montreal in Pointe-Claire,...

An overview of the foodservice industry’s performance in 2022

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According to Restaurant Canada’s 2022 Q4 Restaurant Outlook Survey, 40 per cent of respondents said their financial performance improved in 2022. But despite the...

QSRP Partners with Foodtastic to Expand O’Tacos to Canada

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MONTREAL — Foodtastic has partnered with QSRP to expand O’Tacos throughout Canada by opening 50 stores. Additionally, QSRP will expand Pita Pit in France...

Freshii Shareholders Approve Arrangement with Foodtastic

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TORONTO — At a special shareholders’ meeting of Freshii, holders of Class A subordinate voting shares and Class B multiple voting shares in the...

Foodtastic to Buy Freshii

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MONTREAL — Foodtastic Inc. has signed a deal to buy healthy fast-food restaurant chain Freshii Inc. for $74.4 million. Foodtastic CEO Peter Mammas says Freshii will help Foodtastic expand...

Foodtastic Secures Funding for Acquisitions

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MONTREAL — Foodtastic Inc. has closed a $175-million revolving debt facility to fund acquisitions. The lending group is led by National Bank of Canada and...