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Management's Discussion and Analysis
Management’s Discussion and Analysis Table of Contents 4 At a Glance The following Management’s Discussion and Analysis (“MD&A”) for George Weston 5 Our Business Limited (“GWL” or the “Company”) should be read in conjunction with the audited annual consolidated financial statements and the accompanying notes on pages 89 8 Key Performance Indicators to 171 of this Annual Report. The Company’s audited annual consolidated financial Operating Segments statements and the accompanying notes for the year ended December 31, 2019 have 12 Loblaw been prepared in accordance with International Financial Reporting Standards (“IFRS” or “GAAP”) as issued by the International Accounting Standards Board (“IASB”). 14 Choice Properties The audited annual consolidated financial statements include the accounts of 16 Weston Foods the Company and other entities that the Company controls and are reported in 19 Financial Results Canadian dollars, except where otherwise noted. 76 Outlook Under GAAP, certain expenses and income must be recognized that are not necessarily reflective of the Company’s underlying operating performance. Non-GAAP financial 77 Non-GAAP Financial Measures measures exclude the impact of certain items and are used internally when analyzing 87 Forward-Looking Statements consolidated and segment underlying operating performance. These non-GAAP 88 Additional Information financial measures are also helpful in assessing underlying operating performance on a consistent basis. See Section 14, “Non-GAAP Financial Measures”, of this MD&A for more information on the Company’s non-GAAP financial measures. The Company operates through its three reportable operating segments, Loblaw Companies Limited (“Loblaw”), Choice Properties Real Estate Investment Trust (“Choice Properties”) and Weston Foods. -
Loblaw Companies Stores Where Colleagues/Employees Are Mandated to Wear Masks
Loblaw Companies stores where colleagues/employees are mandated to wear masks Province Customers mandated to wear masks Effective December 9, the government of Alberta mandates the use of masks in all indoor public spaces. This includes all Alberta Loblaw stores in Alberta: Extra Foods, nofrills, Real Canadian Superstore, Real Canadian Liquorstore, Shoppers Drug Mart, T&T, Wholesale Club, Your Independent Grocer and Your Independent Liquorstore. Effective November 20, the government of British Columbia mandates the use of masks in all indoor public spaces. This British Columbia includes all Loblaw stores in British Columbia: City Market, Extra Foods, Joe Fresh, nofrills, Real Canadian Superstore, Shoppers Drug Mart, T&T, Wholesale Club and Your Independent Grocer. Effective November 12, the government of Manitoba mandates the use of masks in all indoor public spaces. This includes Manitoba all Loblaw stores in Manitoba: Extra Foods, nofrills, Real Canadian Superstore, Shoppers Drug Mart and Wholesale Club. Effective August 24, the government of Newfoundland mandates the use of masks in all indoor public spaces. This includes Newfoundland all Loblaw stores in Newfoundland: Dominion, nofrills, Shoppers Drug Mart, Your Independent Grocer and Wholesale Club. Effective October 9, the government of New Brunswick mandates the use of masks in all indoor public spaces. This New Brunswick includes all Loblaw stores in New Brunswick: Atlantic Superstore, nofrills, Shoppers Drug Mart, Your Independent Grocer and Wholesale Club. Effective July 31, the government of Nova Scotia mandates the use of masks in all indoor public spaces. This includes all Nova Scotia Loblaw stores in Nova Scotia: Atlantic Superstore, nofrills, Shoppers Drug Mart, Your Independent Grocer and Wholesale Club. -
COVID-19 ‘You Are Not Alone’
COVID-19 ‘You Are Not Alone’ HEALTH CONCERNS – CALL TeleHealth and Local Public Health Units Contact Telehealth Ontario at 1-866-797-0000, your local public health unit or your primary care provider if you’re experiencing symptoms of the 2019 novel coronavirus. TORONTO – Public Health Hotline Call if you have questions about COVID-19 8:30 a.m. – 8 p.m. Telephone: 416-338-7600 TTY: 416-392-0658 Email: [email protected] 311 Toronto Outside City limits: 416-392-2489 Call if you have questions about City services. Telephone: 311 TTY: 416-338-0889 Emergency Services Telephone: 911 - Call if you’re having difficulty breathing or experiencing other severe symptoms. BRITISH COLUMBIA – HealthLink If you have health concerns, call HealthLink BC at 8-1-1. For non-medical information about COVID-19 Call 1-888-COVID19 (1-888-268-4319) or text 604-630-0300 from 7:30 am to 8 pm. ALBERTA – Health Link 811 Call Health Link 811 for additional advice. If you are not seriously ill, do not go to a physician’s office, a health care facility or a lab without consulting with Health Link 811 first. Call 911 if you are seriously ill and need immediate medical attention and inform them that you may have COVID-19 SASKATCHEWAN If you have no symptoms or exposure concerns, but have questions about COVID-19, you can: • Access the most up-to-date news and information on www.saskatchewan.ca/COVID19 • Email [email protected] Launch Self-Assessment - https://public.ehealthsask.ca/sites/COVID-19/ www.leslynlewis.ca COVID-19 ‘You Are Not Alone’ QUEBEC If you are worried about COVID 19 or display symptoms such as a cough or fever, you can call 418-644-4545 in the Québec City region, 514-644-4545 in the Montréal area, 450-644-4545 in the Montérégie region, 819-644-4545 in the Outaouais region and 1-877-644-4545 (toll free) elsewhere in Québec. -
Annual Report on the Ontario Medications Return Program and the Ontario Sharps Collection Program for the Period of January 1, 2015 – December 31, 2015
Annual Report on the Ontario Medications Return Program and the Ontario Sharps Collection Program for the period of January 1, 2015 – December 31, 2015 Prepared by: Ginette Vanasse Executive Director, Health Products Stewardship Association 330‐2255 St. Laurent Blvd. Ottawa, ON K1G 4K3 March 31st, 2016 Table of Contents Message from the Executive Director........................................................................................................... 1 1.0 Program Overview .................................................................................................................................. 2 1.1 Designated Materials: Pharmaceuticals (Pharmaceuticals, NHP and OTC) ........................................ 2 1.2 Designated Materials: Sharps ............................................................................................................. 4 1.3 Producers ............................................................................................................................................ 4 1.4 Collection Sites .................................................................................................................................... 4 2. Annual Report Requirements and Results Summary ................................................................................ 6 3. Promotion and Education Strategy ......................................................................................................... 12 3.1 Introduction ..................................................................................................................................... -
West Block Quotes Galen G. Weston, Executive Chairman, Loblaw Companies Limited
West Block Quotes Galen G. Weston, Executive Chairman, Loblaw Companies Limited: “When the building first opened in 1928 it was hailed as the most modern warehouse of its kind. Our task was to reconstruct a space that represents Loblaw’s exciting future and properly captures the essence of both its history, and that of the city,” said Galen G. Weston, Executive Chairman, Loblaw. “Brick by brick and stone by stone, West Block’s historic façade has been restored so it once again becomes a destination within the community.” Sarah Davis, President, Loblaw Companies Limited: “The reopening of the West Block building is an important milestone in Loblaw’s history, and a cornerstone of our future,” said Sarah Davis, President, Loblaw. “The building is an architectural representation of our company, and our role as an ongoing retail innovator. It brings together our century-long story, combining convenient bricks-and-mortar store locations and the new hub of our digital, loyalty and financial services teams.” Tony Grossi, President, Wittington Properties: “Wittington Properties recognized a great opportunity in 2013. The historical Loblaw Grocerteria head office and warehouse location was in need of a complete restoration at a scale never before imagined in the City of Toronto,” said Tony Grossi, President of Wittington Properties. “Meticulous attention to detail was paid to not only the precise placement of brick and stone, but also to the reintroduction of the original bronze reliefs at the Heritage Entrance and in recreation of the original Loblaw Groceteria building sign. The focus on recapturing the original essence of the historical building was important to preserve the memory that a great brand in 1928 continues to be a great brand over 90 years later.” Barry Columb, President, PC Financial: “PC Financial is all about providing everyday rewards to Canadians through digital-first payments innovations,” says Barry Columb, President, PC Financial. -
ANNUAL INFORMATION FORM (For the Year Ended December 31, 2020)
ANNUAL INFORMATION FORM (for the year ended December 31, 2020) March 1, 2021 GEORGE WESTON LIMITED ANNUAL INFORMATION FORM TABLE OF CONTENTS I. FORWARD-LOOKING STATEMENTS 1 II. CORPORATE STRUCTURE 2 Incorporation 2 Intercorporate Relationships 2 III. GENERAL DEVELOPMENT OF THE BUSINESS 3 Overview 3 COVID-19 3 Loblaw 3 Retail Segment 3 Financial Services Segment 5 Choice Properties 5 Acquisition of Canadian Real Estate Investment Trust 5 Reorganization of Choice Properties 6 Acquisition, Disposition and Development Activity 6 Weston Foods 10 Acquisitions 10 Dispositions 10 Capital Investment 10 Restructuring Activities 10 Financial Performance 10 IV. DESCRIPTION OF THE BUSINESS 11 Loblaw 11 Retail Segment 11 Financial Services Segment 15 Labour and Employment Matters 15 Intellectual Property 15 Environmental, Social and Governance 15 Choice Properties 16 Retail Portfolio 16 Industrial Portfolio 16 Office Portfolio 16 Residential Portfolio 16 Acquisitions 17 Development 17 Competition 18 Employment 18 Environmental, Social and Governance 18 Weston Foods 18 Principal Products 18 Production Facilities 19 Distribution to Consumers 19 Competitive Conditions 19 Brands 19 Raw Materials 20 Intellectual Property 20 Seasonality 20 Labour and Employment Matters 20 Environmental, Social and Governance 20 Food Safety and Public Health 20 Research and Development and New Products 21 Foreign Operations 21 V. PRIVACY AND ETHICS 21 VI. OPERATING AND FINANCIAL RISKS AND RISK MANAGEMENT 22 Enterprise Risks and Risk Management 22 COVID-19 Risks and Risk Management 22 Operating Risks and Risk Management 23 Financial Risks and Risk Management 33 VII. CAPITAL STRUCTURE AND MARKET FOR SECURITIES 35 Share Capital 35 Trading Price and Volume 36 Medium-Term Notes and Debt Securities 37 Credit Ratings 37 Dominion Bond Rating Service 38 Standard & Poor’s 39 VIII. -
2020 Annual Report $2.8 Billion
2020 Annual Report $2.8 billion REVENUE FROM ONLINE SOURCES, AS WE SCALED E-COMMERCE, PROVIDING CUSTOMERS MORE FLEXIBILITY AND CHOICE THAN EVER BEFORE 25,026 TEMPORARY WORKERS HIRED AT THE PEAK OF THE PANDEMIC TO SUPPORT OUR STORES, COLLEAGUES AND CUSTOMERS 7,250 TEMPORARY WORKERS OFFERED PERMANENT EMPLOYMENT ONCE THE FIRST WAVE SUBSIDED 4,000 NUMBER OF PRODUCTS AVAILABLE AT SHOPPERSDRUGMART.CA, INCLUDING BEST SELLERS IN ELECTRONICS, BABY AND CHILD, HOME GOODS, OVER-THE-COUNTER AND EVERYDAY ESSENTIALS $445 million 2020 INVESTMENTS IN COVID- RELATED ADJUSTMENTS AND SAFETY MEASURES 2 million + FLU SHOTS ADMINISTERED IN OUR PHARMACIES IN 2020 285,000 NUMBER OF HOURS OUR STORES OPENED EXCLUSIVELY FOR SENIORS AND HEALTHCARE WORKERS A passion for customers fully ignited As a nation, and as an organization, 2020 was among the most stressful and anxious years in our history. Throughout this uncertainty, you – our colleagues – were there. As the country learned to deal with change, you brought comfort. As your friends and neighbours sought to meet their most fundamental of needs – for good food and good health – you opened your stores and your hearts to them. You truly helped Canadians Live Life Well®, and you can hold your heads high knowing that you helped a nation move forward. From the bottom of our hearts: thank you. Table of Contents 2 Our Stores, Our Colleagues, Our Strategy 4 Financial Highlights 5 Chairman’s Message 8 Our Divisions 10 Strategic Enablers 12 Corporate Social Responsibility 14 Corporate Governance Practices 16 Board of Directors 16 Leadership 17 Financial Review 2020 ANNUAL REPORT 1 LOBLAW COMPANIES LIMITED Our Stores Our Colleagues Our Strategy From the ground up, we exist to help Canadians Live Life Well.® This commitment factors into how we operate our stores and pharmacies day-to-day, and how we deliver on our long-term organizational strategy – known internally as the Strategic Compass. -
Final Transcript
FINAL TRANSCRIPT Loblaw Companies Limited Special Meeting of Shareholders Event Date/Time: October 18, 2018 — 11:00 a.m. E.T. Length: 28 minutes "Though CNW Group has used commercially reasonable efforts to produce this transcript, it does not represent or warrant that this transcript is error-free. CNW Group will not be responsible for any direct, indirect, incidental, special, consequential, loss of profits or other damages or liabilities which may arise out of or result from any use made of this transcript or any error contained therein." « Bien que CNW Telbec ait fait tous les efforts possibles pour produire cet audioscript, la société ne peut affirmer ou garantir qu’il ne contient aucune erreur. CNW Telbec ne peut être tenue responsable de pertes ou profits, responsabilités ou dommages causés par ou 1 découlant directement, indirectement, accidentellement ou corrélativement à l’utilisation de ce texte ou toute erreur qu’il contiendrait. » FINAL TRANSCRIPT October 18, 2018 — 11:00 a.m. E.T. Loblaw Companies Limited Special Meeting of Shareholders CORPORATE PARTICIPANTS Galen Weston Loblaw Companies Limited — Chairman and Chief Executive Officer CONFERENCE CALL PARTICIPANTS Leslie Dobus Shareholder Frank Sarosella Shareholder "Though CNW Group has used commercially reasonable efforts to produce this transcript, it does not represent or warrant that this transcript is error-free. CNW Group will not be responsible for any direct, indirect, incidental, special, consequential, loss of profits or other damages or liabilities which may arise out of or result from any use made of this transcript or any error contained therein." « Bien que CNW Telbec ait fait tous les efforts possibles pour produire cet audioscript, la société ne peut affirmer ou garantir qu’il ne contient aucune erreur. -
2020 on Annual Report
Annual Report on the Ontario Medications Return Program and the Ontario Sharps Collection Program for the period of January 1, 2020 – December 31, 2020 Submitted to: Charles O'Hara Resource Recovery Policy Branch Environmental Policy Division Ministry of the Environment Conservation and Parks Prepared by: Terri Drover HPSA Director General March 31, 2021 1 Contents Definitions ..................................................................................................................................................... 3 Executive Summary ....................................................................................................................................... 5 I. 2020 HPSA Members ............................................................................................................................ 6 II. 2020 Collection Locations ..................................................................................................................... 6 III. Overview of the Collection and Disposal Process ............................................................................. 7 IV. 2020 Collections ................................................................................................................................ 8 A. Pharmaceuticals ................................................................................................................................ 8 Table 1 - Program Performance – Report on Collection of Pharmaceuticals by Quarter ..................... 9 B. Medical Sharps ................................................................................................................................. -
Extreme Couponing Mom's Canada Store Coupon Policies
Extreme Couponing Mom’s Canada Store Coupon Policies Information in this document is subject to change without notice and does not represent a commitment on the part of Extreme Couponing Mom. Extreme Couponing Mom acknowledges all trademarks referred to and the rights of the trademarks owned by the companies referred to. A number of names appear in this document that are trademarks of the parties using such names and are the property of their respective owners. © 2011-2012 Extreme Couponing Mom. All rights reserved Printed in Canada July 2011, Revised August 2012 INTRODUCTION: This eBook is provided free courtesy of http://extremecouponingmom.ca Extremecouponingmom.ca is a money saving website where people can view my weekly sales & coupon match ups for stores across Canada. Each and every week I match up all of the hottest sales with valid coupons showing you how to get the most for your money. Along with posting the weekly sales you can also obtain all your coupons (mail order, insert dates and papers they come in as well as pintables’), sign up for great freebies/samples, enter contests (ours and others) and much more. Website: http://www.extremecouponingmom.ca Some of the weekly sales posted include: Atlantic Superstore Canadian Tire Co-op Atlantic Co-op West Extra Foods Familiprix Food Basics Foodland Fortinos FreshCo Giant Tiger Highland Farms IGA Independent Jean Coutu Lawtons Drugs Loblaws Ontario Loblaws Quebec Longos Maxi Metro Ontario Metro Quebec No Frills Atlantic No Frills Ontario No Frills West Price Chopper ON Provigo Real Canadian Superstore West Real Canadian Superstore Ontario Rexall/Pharmaplus Shoppers Drug Mart Sobeys Atlantic Sobeys Ontario Sobeys West Super C The Bargain Shop Thrifty Foods Uniprix Valu-Mart Walmart Zehrs Zellers Page 2 © 2011-2012 Extreme Couponing Mom. -
Popular Merchants That May Qualify for Scotia Momentum® VISA Infinite* Cash Back
Popular Merchants ╪ that May Qualify for Scotia Momentum ® VISA Infinite* Cash Back 4% 4% 2% Grocery Stores & Supermarkets Service Stations & Automated Fuel Drug Stores And Pharmacies (Code 5411) Dispensers (Code 5912) (Codes 5541 & 5542) A & P 7 - Eleven Consumer Choice Pharmacy Asian Food Center Amco IDA Askew's Foods Canadian Tire Gas Bars Jean Coutu Atlantic Wholesalers Cango Lawtons Drugs Store Bidgoods Centex London Drugs Brunos Fine Foods Chevron Macquarries Drugs Ltd Buy Low Foods CO-OP Gas Bars Main Drug Mart Canada Safeway Couche Tard Medicine Shop Choices Market Crevier Murphy's Pharmacy Colemans Food Centre Drummond's Gas No Frills Drugs CO-OP Esso Peoples Drug Mart Cooper's Foods Fas Gas Pharma Plus Country Grocer Flying J Pharma Prix Dominion Fortino's Gas Bars Pharma Save Drugs Extra Foods Gale S Gas Bar Pharmx Rexall Fairway Market Gas Bar Rexall Drug Store Farm Boy Gasrite Shoppers Drug Mart Food Basics Husky Super Drug Mart Foodland Irving Oil The Medicine Shoppe Fortinos Loblaw Gas Bars Uniprix Grocery Gateway Macewen Valley Drug Mart Hannam Supermarket Mac's Gas Bar Highland Farms Mohawk IGA Mr. Gas Kin's Farm Market N. Atlantic Pet. Les Aliments M&M No Frills Gas Bar Loblaws Olco Loebs Petrocan Longo's Pioneer M & M Meat Shops Save On Foods Gas Bars Maxi Scholten's Metro Shell Michael - Angelo's Market Short Stop Gas Bars Moncion Grocers Sobey's Fast Fuel Needs Sunoco Nester's Market Sunys Overwaitea Food Super Save Gas Pete's Frootique Superstore Gas Bar Planet Organic Ultramar Powell's Supermarket Western Petroleum -
Who Are Costco's Canadian Shoppers?
Is Costco the Winner of the COVID-19 Pandemic? Value, customer experience, and availability keep Canadian shoppers coming back to the mega-banner Make better decisions, faster. with access to rapid insights at every stage of the consumer journey. Caddle® is the largest daily and monthly active panel in the Canadian market. Our mobile-first insights platform rewards Canadians for sharing data and engaging with brands. 5. Get better business insights with Caddle. Contact us today. 01 Contents Introduction: Costco Continues to 03 Soar Who are Costco’s Canadian 04 Shoppers? 05 Costco Wins Shoppers on “Value for Price”—Especially During the Pandemic What Else is Driving Canadian 07 Consumer Dollars into Costco’s Coffers? • Shopping Experience (CX) • Product, Brand and Fresh Food Availability 09 What are Costco Shoppers Buying, How Much and How Often? • Produce May Be Costco’s Pandemic Saving Grace • Speaking of Grocery Budgets... New Channels Bring Shoppers 11 More Options and Costco More Revenues Conclusion: What Lies Ahead 12 for Canada’s COVID-19 Retail Champ? 14 About Caddle Inc. 02 Costco Continues to Soar Numbers don’t lie and, COVID-19 be damned, Costco has had a banner year when it comes to revenue and sales gains1. And the retailer’s returns continue to grow apace. Across Costco’s 809 warehouse stores and eCommerce sites worldwide: +21.4% total revenue, to US$45.28 billion +21.7% net sales, to US$44.38 billion +15.2% same-store sales, U.S. (excluding fuel and currency fluctuations) +10.1% membership fees, to US$901 million Across the banner’s 105 Canadian stores and eCommerce site: +80.3% eCommerce sales (vs.