New regulations restricting the amount of alcohol allowed in potent, sugary, premixed drinks take effect Thursday across Canada. Until now, a 568-millilitre can of what Health Canada calls a "flavoured purified alcoholic beverage" could contain up to 11.9 per cent alcohol, the equivalent of about four standard alcoholic drinks, or portions, such as four regular beers or four five-ounce glasses of wine.

MTY Food Group Inc. ("MTY") (TSX: MTY) and Papa Murphy's Holdings, Inc. ("Papa Murphy's") (NASDAQ: FRSH) are pleased to announce that MTY has successfully completed its previously announced offer to purchase all outstanding shares of common stock of Papa Murphy's at a per share price of US$6.45 (the "Tender Offer"), net to the seller in cash, without interest and less any applicable withholding taxes. The Tender Offer was effected by MTY Columbia Merger Sub, Inc.

Analysts at Barclays “can’t believe it’s not meat,” projecting huge growth for the nascent alternative food industry within the next 10 years. The market for alternative meat can reach $140 billion over the next decade, according to a team of Barclays analysts spanning the agriculture, food and restaurant industries. That rapid pace of growth implies the animal-free industry could capture about 10% of the $1.4 trillion global meat industry.

The Kroger Co. has partnered with TerraCycle’s Loop to pilot a reusable-packaging system that allows customers in select markets to purchase more than 100 products online from leading brands that have redesigned their packaging with durable containers. The products available on the platform are packaged in reusable glass or metal containers and shipped directly to customers in a specially designed tote.

La ferme Tournevent a investi près d’un million de dollars pour lancer une huilerie qui offre maintenant une gamme d’huiles 100 % bio, boréales et pressées à froid. Et comme les olives ne poussent pas sous notre climat, les entrepreneurs misent plutôt sur le lin, la cameline, le canola et le chanvre pour faire goûter le terroir régional sous une nouvelle forme.

Celebrity chef Jamie Oliver's British restaurant chain filed for bankruptcy protection on Tuesday, partly due to increased competition and escalating rents in local commercial districts. The insolvency put 1,300 jobs at risk and reignited worries about local retail and food outlets in Britain, which are struggling to attract customers, much like downtowns in the United States.

The Canada Pension Plan Investment Board (CPPIB) has signed a deal to invest roughly $200 million in specialty food company Premium Brands Holdings Corp. Premium Brands intends to use the cash to repay debt, finance organic and acquisition growth opportunities and for general corporate purposes. Premium Brands counts Pillar’s, Freybe, Hempler’s and Belmont Meats among its brands. Under the agreement, CPPIB will pay $76.02 per share for 2,631,000 shares in the company.

A locally brewed beer has drawn the ire of the City of Calgary but it’s the unauthorized name of the beverage, not its flavour, that is being challenged. Elite Brewing and Bow River Brewing recently collaborated on a single batch of an India session ale and the breweries held a contest on social media to select a name prior to the beer’s release. “We looked at different names and we looked at the themes that we wanted,” said  Ian Binmore, owner of Bow River Brewing.