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Recipe Unlimited Falls Victim to Malware

VAUGHAN, Ont. — Some of Recipe Unlimited’s (formerly Cara Operations) restaurants experienced a partial network outage yesterday as the result of a “malware outbreak.” According...

The 2017 Hospitality Market Report

While Canadian foodservice operators should expect a modestly healthy 2017 in terms of growth, increasing competition and a changing consumer-spending landscape are going to...

Milestones Launches Restaurant Renovation Program

VAUGHAN, Ont. — Milestones Grill + Bar, a brand of Cara Operations Limited, has launched a $7-million renovation program that will see eight restaurants...

Cara Donates $50,000 to Alberta Fire Relief

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...

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

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?

Financial Post: Fairfax Considers Cara Acquisition

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

Milestones To Open In Winnipeg

WINNIPEG — The Vaughan, Ont.-based Milestones Bar and Grill is expanding into downtown Winnipeg, according to the Winnipeg Free Press. “We definitely have intentions...