13:13:26 EDT Fri 04 Sep 2026
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CA



Empire Company Ltd
Symbol EMP
Shares Issued 125,623,048
Close 2026-09-03 C$ 47.82
Market Cap C$ 6,007,294,155
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Globe says Loblaw sees 2 provinces mull food terminals

2026-09-04 08:16 ET - In the News

See In the News (C-L) Loblaw Companies Ltd

The Globe and Mail reports in its Friday, Sept. 4, edition that food industry associations in British Columbia and Manitoba are seeking $1-billion from government and private businesses to establish regional food terminals, due to trade tensions with the United States. The Globe's Mariya Postelnyak and Susan Krashinsk Robertson write that BC Food & Beverage is readying a proposal for a massive facility with an estimated cost of $700-million. The proposed space would be the first in the province, modeled after the Ontario Food Terminal, which distributes two billion pounds of food annually across Canada. It would serve as part of a network moving food along interprovincial routes from the port to Alberta, the Prairies and Northern Canada. Manitoba's industry association is looking to build its own terminal with a price tag between $150-million and $200-million. "What Donald Trump has done is, he's made us realize, 'Wow, we're vulnerable -- we have a lot of eggs in one basket,'" said Michael Mikulak, executive director of Food & Beverage Manitoba. Some of the country's largest grocers, including Loblaw and Empire, own distributors that their smaller competitors rely on for many of their goods.

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