It seems Canada is leading the way in the burgeoning global cannabis market. Business experts predict that there will be more mergers and acquisitions in the coming year. But being number one comes with some responsibilities. Other countries are looking to Canada to set the stage for the legalization of cannabis in other areas and global investors are watching intently.
The franchisor of Canada's favourite coffee shops is moving its main digs and it's affecting some franchisees. Tim Hortons is relocating its head office from Ontario suburbia to Toronto's financial district and that, among other things, has some franchisees singing the blues. Not getting deliveries on time is just one added aggravation between franchisees, Tim Hortons and Restaurant Brands International, it's parent company.
Some business experts are making it clear that there is only one solution for the energy sector that has taken a hard hit in the recent past. There are analysts in the world of mergers and acquisitions in Canada who are saying energy companies should think about merging or they'll face possible extinction. These suggested mergers may induce a jolt of energy into the sluggish market and even though it won't be an overnight panacea, it could spell good news for shareholders in the long run as well.
A wood pellet plant in Atikokan is primed for a major expansion. The northern Ontario plant's new owners are looking to increase their business and commercial presence in the area by not only adding jobs, but also by diversifying their products while looking into export possibilities. A sustainable energy company has taken control of the plant, which was put on the market last fall.