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Consumer insolvencies on the rise; business declines but still elevated: CAIRP

Photo: Timur Weber
Photo: Timur Weber

The latest data from the Office of the Superintendent of Bankruptcy (OSB) shows consumer insolvencies rose modestly in May 2025, up 3.1% compared to April. There were 12,004 filings in May—1.6% fewer than May 2024, but 5.0% higher in the 12-month period ending May 31, 2025, compared to the 12-month period ending May 31, 2024, according to the Canadian Association of Insolvency and Restructuring Professionals (CAIRP).

The Association said that even with short-term fluctuations, consumer insolvency volumes in 2025 remain notably higher than pre-pandemic norms. In the first five months of 2025, the number of insolvencies filed each month exceeded the pre-pandemic monthly average of 10,634 filings (May 2016 to December 2019). Year to date, there have been 57,875 filings—7.6% higher than the pre-pandemic 5-month average of 53,784, it said.

André Bolduc
André Bolduc

“These figures indicate a new baseline of insolvency filings and financial distress in Canada,” says André Bolduc, Licensed Insolvency Trustee and Chair of Canadian Association of Insolvency and Restructuring Professionals (CAIRP), the national voice on insolvency matters in Canada.

“Although recent interest rate cuts and subsequent pauses may have offered some initial relief, many households are still grappling with persistent high living costs, stagnant incomes, and debt accumulated during a period of steep borrowing rates.”

CAIRP has 1,400 members and associates.

Business Insolvencies Decline but Remain Elevated Over Pre-Pandemic Norms

CAIRP said business insolvencies declined 16.5% in May compared to April, with 391 filings. Year-over-year, filings were down 26.2% compared to May 2024—marking the eighth consecutive month of year-over-year declines. Over the 12-month period ending May 31, 2025, business insolvencies were down 13.3% compared to the previous 12-month period.

Despite these declines, insolvency volumes remain significantly above pre-pandemic levels. The pre-pandemic monthly average (May 2016 to December 2019) was 303. May’s total of 391 filings is roughly 29% above that baseline. All five months of 2025 have exceeded the pre-pandemic average—and business insolvency levels have consistently trended higher since late 2022, it said.

From January to May 2025, there were 2,191 business insolvencies filed—34.7% higher than the pre-pandemic five-month average of 1,626, added CAIRP.

“Although headline numbers show a decline, business insolvency levels remain elevated compared to pre-pandemic norms,” said Bolduc. “This ongoing trend reflects the lasting impact of economic disruptions, inflationary pressures, and evolving uncertainties for Canadian businesses that continue to challenge business stability across multiple sectors.”

Photo: Timur Weber
Photo: Timur Weber

Sector Data Reflects Ongoing Economic Pressures

Insolvency volumes declined across nearly all sectors in May 2025 compared to the same month last year. The construction sector saw the largest year-over-year drop (63 filings, -29), followed by transportation and warehousing (22 filings, -21) and manufacturing (23 filings, -16), said CAIRP.

“Despite the declines, accommodation and food services (65 filings) and construction (63 filings) remained the sectors with the highest number of insolvencies, accounting for 16.8% and 16.3% of total filings, respectively. These sectors continue to face pressures from high operating costs, labour shortages, and reduced consumer demand,” it said.

“Only two sectors experienced an increase in insolvency filings year-over-year: agriculture, forestry, fishing and hunting (9 filings, +4) and arts, entertainment and recreation (10 filings, +1).”

Regional Pressures Still Evident

Newfoundland and Labrador stood out once again in May, posting both the largest year-over-year (+16.6%) and month-over-month (+10.6%) increases in consumer insolvencies, compared to the rest of the provinces. This continues a trend seen in April, when the province also saw the highest year-over-year increase among all provinces (+17.4%). New Brunswick experienced the second-highest year-over-year increase in May, where consumer insolvencies rose 9.1%, according to the CAIRP report.

“In smaller provinces like Newfoundland and Labrador, even modest increases in insolvency filings can be a strong indicator of deepening financial strain at the household level. With smaller populations, each case carries more weight, and the ripple effects can be felt more broadly across communities,” explained Bolduc. “It’s critical for individuals facing financial challenges to know they’re not alone—and to have access to trustworthy guidance and support systems that can help them regain control and find a path forward.”

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McArthurGlen Vancouver Celebrates 10 Years of Retail Success

McArthurGlen Designer Outlet in July 2023. Photo: Lee Rivett.

McArthurGlen Designer Outlet Vancouver Airport is marking a decade of growth, community engagement, and evolving consumer trends as it celebrates its 10-year anniversary in 2025. Opened in July 2015 as a joint venture between McArthurGlen Group and Vancouver Airport Authority, the open-air luxury outlet has become a leading destination in Western Canada for value-driven designer shopping.

According to General Manager Robert Thurlow, the centre has grown from an ambitious concept built on an empty plot of land to a vibrant retail hub that attracts millions of visitors annually and ranks among Canada’s top-performing shopping centres.

Robert Thurlow, General Manager of McArthurGlen Designer Outlet Vancouver Airport

“It’s flown by very quickly, and the centre has continued to grow and go from strength to strength,” said Thurlow in an interview. “We’ve become a tourism destination in the Greater Vancouver area. You’ll see us on travel itineraries right next to whale watching and a day trip to Whistler.”

A Major West Coast Retail Landmark

McArthurGlen Designer Outlet Vancouver Airport is the only luxury outlet centre in Western Canada and remains unique in its location adjacent to Vancouver International Airport (YVR). The project initially opened with a strong lineup of brands and was further expanded in 2019 with a second phase that added another 85,000 square feet and brought in new retailers including Jimmy Choo, Aritzia, Psycho Bunny, and Adidas.

The centre now features over 80 stores, representing a mix of premium, designer, and mid-range brands including Coach, Michael Kors, Hugo Boss, North Face, and Marc Jacobs—whose location at the centre is its only on the West Coast.

The growth continues. Thurlow confirmed that a long-anticipated third phase of development is in the works. While an exact opening timeline has not yet been announced, the expansion will add approximately 65,000 square feet and between 15 and 20 stores, depending on unit sizes. Some will be new-to-market brands, while others will involve expanding space for existing tenants that have outgrown their current footprints.

“We’re more than 98% leased, which is an incredible position to be in,” said Thurlow. “We’ve reached a point where demand from retailers is exceeding our current capacity.”

McArthurGlen Designer Outlet in July 2023. Photo: Lee Rivett.

Architectural Identity and Experiential Design

The centre’s architectural character is another defining feature. McArthurGlen Vancouver’s design draws inspiration from a blend of European influences and local Vancouver heritage.

“The main entrance was designed to reflect the roofline of the Hotel Vancouver,” explained Thurlow. “In the central piazza, the brick and cobbled detailing pays homage to Gastown. And as you move further into the centre, it begins to feel more French or Italian, almost like a European village.”

This thoughtful design helps distinguish McArthurGlen Vancouver from more utilitarian outlet centres. The open-air layout, tree-lined walkways, piazzas, and car-free environment enhance the visitor experience, while also encouraging longer dwell times.

Transit-Friendly and Tourism-Oriented

Positioned just two SkyTrain stops from YVR Airport and about 20 minutes from downtown Vancouver, the outlet is easily accessible to both locals and international visitors. Approximately 20 to 30 percent of guests arrive via the SkyTrain, depending on the season and events. The rest travel by car, aided by the centre’s 2,000 free parking spaces.

“SkyTrain is one of our biggest assets. During peak periods like Black Friday or Boxing Day, transit accounts for up to 30 percent of our traffic,” Thurlow said. “And it’s just so efficient. You can be here from downtown Vancouver in under 25 minutes.”

Tourism has been a vital part of McArthurGlen Designer Outlet Vancouver’s business model from day one. The pandemic briefly disrupted this stream, but recovery was swift.

“We were back to pre-pandemic visitor levels by 2022, well ahead of other shopping centres,” said Thurlow. “The strong local base of shoppers helped. About 70 to 75 percent of our visitors are from within a 60-minute radius.”

While traffic from Asia has been slower to rebound, European countries such as the UK and Germany have returned in strength. Thurlow also cited increased visitation from Mexico, a growing market for Vancouver given the rise in direct air service between Mexico City and YVR.

Image: McArthurGlen Designer Outlet

Strong Retail Performance

McArthurGlen Designer Outlet Vancouver Airport is not only thriving in foot traffic but also in sales. According to Thurlow, the centre currently generates about $1,350 per square foot, placing it in the top tier of shopping centres in Canada, outperforming many full-price malls.

“We’re among the top five centres in the country in terms of productivity,” Thurlow said. “That includes both outlet and full-price malls. It’s quite an accomplishment for a centre that’s only been open 10 years.”

This strong performance has helped the centre attract sought-after retailers. Its tenant mix is carefully curated to offer value while preserving a premium feel. New additions this year will include Burberry, Max Mara, and the popular Canadian ramen brand Kinton Ramen, which will open a new location at the centre this fall.

“We’re seeing a great response from brands looking to open their first store in Western Canada,” Thurlow added. “Marc Jacobs was a good example of that, and Burberry is another exciting addition.”

A Deep Commitment to Community

Beyond its retail success, McArthurGlen Designer Outlet Vancouver Airport plays an important role in the broader community. Since opening, the centre has created over 1,200 local jobs and supports a wide range of charitable organizations.

“We’ve partnered with the Richmond Food Bank Society, BC SPCA, KidSport Richmond, Rainbow Refugee, and BC Women’s Health Foundation,” said Thurlow. “With food bank usage up significantly, supporting our community has never been more important.”

This dual focus, on economic contribution and social responsibility, has become part of the centre’s identity. The staff themselves reflect this diversity and inclusivity.

“Just within our management office, we have people from nine different countries. That mirrors our customer base and makes the work environment richer,” said Thurlow.

As the McArthurGlen Vancouver team celebrates its 10-year milestone, the focus remains squarely on future growth. The upcoming third phase of expansion is a major priority, and additional enhancements to the visitor experience are under consideration.

“It’s exciting to be in growth mode again,” Thurlow said. “We’re continuing to evolve to meet consumer expectations, bring in exciting new brands, and remain one of Canada’s leading retail destinations.”

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DoorDash and Futurpreneur unite young entrepreneurs with “Founder Socials” event series

Photo- DoorDash
Photo- DoorDash

DoorDash is partnering with Futurpreneur — a leading national non-profit organization supporting young and diverse entrepreneurs by offering equity-free loans with mentorship and resources — to launch a new collaboration focused on creating inclusive, connected pathways for the next generation of Canadian business owners to share, grow, and thrive together.

The centrepiece of the DoorDash and Futurpreneur partnership is Founder Socials. This series of four in-person networking events – to be held in Toronto, Vancouver, Winnipeg, and Montreal – are designed to inspire with a welcoming, high-energy space where young founders and entrepreneurs can foster genuine peer connections, discover new resources, and gain business momentum no matter the stage of their growth journey, the company explained.

Brian Kaufmann
Brian Kaufmann

“Small businesses are at the heart of every local economy and it’s crucial that up-and-coming entrepreneurs have ample resources, opportunities, and connections to thrive,” said Brian Kaufmann, Head of Policy at DoorDash Canada. 

“We are empowering local economies with Futurpreneur by ensuring young entrepreneurs have access to what they need to grow, learn, and thrive in their communities.”

RSVP for DoorDash and Futurpreneur’s first event in Toronto on Thursday July 17 via Eventbrite.


Insights gathered through Futurpreneur’s application process reveal that connection is a core unmet need among many entrepreneurs in Canada – one that can create blindspots and silos for growing their business, according to DoorDash.

  • 49% of respondents in Futurpreneur’s network report wanting more opportunities to connect with one another.
  • 42% of respondents in Futurpreneur’s network indicate the desire to meet other entrepreneurs similar to themselves.
Mona-Lisa Prosper
Mona-Lisa Prosper

“Building powerful communities and mentorship opportunities for diverse young entrepreneurs is imperative for the future of their business endeavours,” said Mona-Lisa Prosper, Senior Director, Community Investment at Futurpreneur. 

“Founder Socials is all about breaking down barriers — especially for entrepreneurs from equity-deserving communities, who haven’t always had a seat at the table — and creating spaces where connection, confidence, and opportunity can grow.”

DoorDash and Futurpreneur says they are committed to reducing the connection gap, and ensure entrepreneurship isn’t just about hustle — rather about community, visibility, and collective success.

People can stay informed about future events by visiting Futurpreneur’s event page.

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QuickBite Collective rapidly expanding across Canada with 3 fast-casual brands

Photo: QuickBite Collective
Photo: QuickBite Collective

QuickBite Collective, a new player in the Canadian quick-service restaurant space, is making bold moves as it builds what it calls “the next generation Quick Service dining in Canada.”

In an interview with Retail Insider, Hadi Chahin, President of QuickBite Collective, shared how the company, founded in late 2024, is executing a growth strategy built on brand relevance, cultural diversity, and operational support.

Hadi Chahin
Hadi Chahin

“We started QuickBite late 2024, and basically, it was founded to build the next generation Quick Service dining in Canada,” said Chahin. “We kind of moved fast because we saw a real opportunity in the market and we felt, personally, that consumers wanted more culturally relevant brands. They wanted more exciting brands and they wanted strong business models and with support for franchisees.”

Today, QuickBite operates three distinct brands under its umbrella: Burgers & Fries Forever (BFF), Teriyaki Experience, and Maverick’s Donuts. Together, they represent a total of 75 operating locations, with six more currently under construction.

  • Teriyaki Experience – A 40-year-old Canadian icon with global reach, now undergoing its most ambitious transformation yet. The Japanese-inspired teppanyaki concept is unveiling a refreshed brand identity, modernized menu, and a renewed focus on hospitality and store experiences—reclaiming its place as a staple of Canadian dining.
  • Burgers n’ Fries Forever (BFF) – Toronto’s cult-favorite halal smash burger brand with over 64,000 followers and deep Gen Z appeal. Known for its bold flavours, edgy branding, and social media buzz, BFF is preparing to open 12 new locations in the next six months, rapidly expanding its footprint across Ontario and beyond.
  • Maverick’s Donut Company – Maverick’s Donut Company completes the trio with a unique twist as Canada’s fastest-growing donut brand. Known for its Instagram-worthy appeal, Maverick’s offers exciting flavours, creative combinations, and customizable treats. With QuickBite’s leadership, the brand is perfectly positioned for major expansion.
Photo: QuickBite
Photo: QuickBite

Strategic Growth Across Multiple Concepts

“When we acquired Burgers and Fries, it was only two locations in November,” said Chahin. “We’ve since opened two others. We have a fifth opening this month, and that’s the six under construction. So by end of year, we believe Burgers and Fries would be close to about 15, 16 locations.”

QuickBite’s acquisition of Teriyaki Experience included 40 existing locations. “We plan to only open one or two this year because we’re working on the brand,” he said. “We wanted to reintroduce the brand with a modern flair.”

The company also recently added Mavericks Donuts, which came with 25 locations at the time of acquisition.

Revamping Legacy Brands for a New Generation

Chahin emphasized that every brand within the QuickBite portfolio was chosen for a specific reason: consumer connection.

“When we looked at the brands, we looked at brands with strong consumer resonance,” he said. “So we wanted to look for something with clear growth potential and passionate franchisees—something that I feel that I can continue to grow with. We wanted brands that are going to reflect the Canadian diversity and the evolving taste of the younger demographic.”

Teriyaki Experience, in particular, is being positioned for a major refresh. “It’s a very strong legacy brand. It’s a very strong brand awareness,” said Chahin. “So we wanted to reintroduce the brand with a modern flair. And that’s really what we are focused on right now too. We are basically revamping, rebranding—the look, the feel, the approach on that brand.”

By contrast, Burgers & Fries Forever already had strong appeal to younger, culturally diverse customers. “They had the food, they had the culture right from the beginning,” he noted. “Halal was a big piece of that brand. So we wanted to keep that relevant and that’s why we felt it was easier to grow with that brand right from the get go.”

Mavericks, meanwhile, plays into the trend of experiential dining. “It’s a brand we feel is very kind of experience-driven and really it’s based on visual, shareable moments,” said Chahin. “We have a few that we’re looking to expand this year.”

Expanding Footprint Across Canada—and Beyond

While many brands begin by saturating the GTA market, QuickBite has taken a more distributed approach depending on the brand.

“With the Burgers and Fries, we’re mostly in Ontario right now, between Ottawa and the GTA,” Chahin explained. “But we do have a couple stores opening in BC later this year. That would be our next market on expansion on that brand.”

Teriyaki Experience already has a “widespread footprint,” according to Chahin. “Mostly in Ontario, but we have two in New Brunswick, two in Quebec, one in BC and we have six international—we have four in Costa Rica, one in Honduras and one in Italy.”

Mavericks is “mostly split between Ontario and Alberta.”

Photo: QuickBite
Photo: QuickBite

Eyes on Execution—Not Just Expansion

Although the company is seeing strong growth across its portfolio, Chahin stressed that the focus remains on doing things right before acquiring more brands.

“I mean, of course we’re always evaluating opportunities,” he said. “But our priority right now is on execution on the current brands. We want to ensure that these three brands grow successfully and deliver on their promise first before we jump into the next one.”

Chahin concluded by emphasizing the company’s strong Canadian roots and its mission to build value locally.

“We are truly building something to build value for our franchisees and consumers. So we’re a proud Canadian company. We invest in Canadian brands and we’re really focused on the execution and scaling on the brands. Being focused on the Canadian industry was a kind of key component of the equation.”

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Tahini’s CEO on Bitcoin, franchising, and U.S. expansion

Tahini's
Tahini's

Tahini’s Restaurants, Canada’s fastest-growing Mediterranean fusion chain, continues to expand and Omar Hamam, its Co-founder and CEO, has found an unlikely but lucrative ingredient in his restaurant group’s business recipe—Bitcoin.

In an interview with Retail Insider, Hamam shared the bold decision the company made during the height of the pandemic to convert part of its cash reserves into cryptocurrency.

Omar Hamam
Omar Hamam

“There was a lot going on with COVID, and the instability of the Canadian dollar—it was very unpredictable,” said Hamam. “They were printing money like crazy. And we thought, well, printing money has never been a good idea throughout history.”

Looking for a hedge against inflation, the company turned to Bitcoin in 2020 as a treasury reserve asset.

“You’re not just battling the day-to-day challenges of running a business—work, competition—you’re also battling inflation,” said Hamam. “So, we decided to hold our reserves in Bitcoin.”

Hamam called the move “an amazing idea,” crediting his brother’s advocacy of Bitcoin and inspiration from companies like MicroStrategy.

“We were following MicroStrategy—Michael Saylor, if you know him. That’s what he did, and he did very well. So we thought, let’s preserve our value in Bitcoin.”

The decision has paid off handsomely.

“We’ve done something like 300 to 400% returns on our Bitcoin since we invested, which is huge. Imagine putting in $100 and getting $400,” said Hamam. “It’s definitely been a good investment for us.”

But Hamam is quick to note the volatility.

“With Bitcoin, you have to understand—it’s a roller coaster. It’s not for the weak-hearted. But if you believe in it and wait through the ups and downs, it goes up over time. You just need patience.”

Tahini’s has made Bitcoin part of its ongoing strategy.

Omar Hamam
Omar Hamam

“Every month, we take some money and put it into Bitcoin. That’s the strategy,” said Hamam. “Any Bitcoin advocate will tell you—buy consistently, regardless of highs or lows. It averages out over time.”

The strategy has also started influencing operations and franchising.

“Well, we don’t accept Bitcoin as payment in-store—yet. We’d love to, but it’s not available right now in Canada,” said Hamam.

Instead, the company has partnered with Bitcoin ATM providers.

“Some of our restaurants have Bitcoin booths where customers can buy Bitcoin. Not all—it’s voluntary for franchisees. And they can choose to be paid in dollars or Bitcoin,” he said. “If they choose Bitcoin, it can grow in value over time.”

The cryptocurrency strategy has brought financial stability to the brand.

“When our cash reserve builds up—and it did because of Bitcoin—it gives you the stability that you need through the turmoils of any business.”

Tahini’s currently operates exclusively in Canada but is making its first move across the border.

Rockford, Illinois is the company’s first location south of the border.

Bitcoin is part of the long-term vision for U.S. expansion too.

“Once we open more stores in the States, we’d love to offer Bitcoin as a payment option for customers. That’s the plan,” he said. “Right now we’ll only have one location, but more are in the pipeline.”

 Tahini’s is a unique, category leading quick service restaurant group founded in 2012 and currently operating more than 60 locations across Canada, in addition to operating Tahini’s Kitchen within select FreshCo locations, a Sobey’s banner, and offering a selection of Tahini’s retail packaged products through select grocers. The brand has been fueled by nearly 2 billion views across all of its social media channels and is preparing for rapid growth across Canada and internationally.   

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RONA Foundation presents $1.3M to 8 Canadian NPOs through its 2025 Build from the Heart program

RONA+ Charlemagne (Image: RONA)

The RONA Foundation, which oversees the philanthropic activities of RONA inc., one of Canada’s leading home improvement retailers operating and servicing some 425 corporate and affiliated dealer stores, will present a total of $1.3M to eight non-profit organizations (NPOs) across the country through its 2025 Build from the Heart program.

This initiative, which was launched in 2022, is designed to provide financial support to NPOs with projects aimed at revitalizing a living environment or facilitating access to housing for victims of domestic violence and their children, low-income families, and people with disabilities or mental health issues, said the Foundation, adding that the beneficiary organizations were selected earlier this year following a call for applications. A selection committee studied the projects and made their decision based on a rigorous evaluation grid.

Catherine Laporte
Catherine Laporte

“At the RONA Foundation, we care deeply about improving life in the communities where we take root. Given that access to housing is a major challenge that underscores the vulnerability of many Canadians, we are committed to supporting this cause,” said Catherine Laporte, Chair of the Foundation Board of Directors and Senior Vice-President, Marketing and Customer Experience at the retailer.

The program raised funds through a mix of initiatives, including:  

  • A fundraising campaign that took place in all RONA+ and RONA corporate stores and online at rona.ca, from April 21 to May 31, 2025.
  • The new “Win Your Renovations” contest, which gave customers who donated $15 or more a chance to win one of three RONA gift cards, including one for $25,000 and two for $1,000.
  • A partnership with several major appliance vendors (Amana, Bosch, Electrolux, Frigidaire, Frigidaire Gallery, GE – MABE, KitchenAid, LG, LG Studio, Maytag, Midea, Samsung, and Whirlpool), who donated $5 to the RONA Foundation for every major appliance sold in stores and online from April 17 to May 28.
  • The RONA Foundation’s annual Golf Day, held at the Club de Golf La Vallée du Richelieu on July 7, 2025, which was attended by many RONA vendors.
Josée Lafitte
Josée Lafitte

“The Golf Day was an incredible demonstration of solidarity,” said Foundation Director Josée Lafitte. “Thank you to our partners, customers and donors. Every action counts. I would like to express my sincere gratitude to each of them for their generosity and support. Together, we can make a difference.”

The RONA Foundation is a charity established in 1998, whose mission is to help improve the quality of life of Canadians in need by revitalizing their living environments or making it easier to access housing. In particular, it aims to help victims of domestic violence and their children, low-income families, and people with disabilities or mental health issues.

Organizations Supported by the Build from the Heart Program in 2025

ProvinceNameAmount received
AlbertaHabitat for Humanity Edmonton$100,000
British ColumbiaHollyburn Community Services Society$150,000
ManitobaGenesis House$50,000
Nova ScotiaHabitat for Humanity Nova Scotia$50,000
OntarioGillian’s Place$300,000
OntarioLanark County Interval House and Community Support$300,000
QuébecLa Traversée$300,000
SaskatchewanMoose Jaw Women’s Transition House$50,000

To learn more about the organizations and projects that will receive funding through the Build from the Heart program, visit https://www.ronainc.ca/en/corporate-responsibility/communities/our-campaigns.

RONA inc. is one of Canada’s leading home improvement retailers headquartered in Boucherville, Québec. The RONA inc. network operates or services some 425 corporate and affiliated dealer stores under the RONA+, RONA, and Dick’s Lumber banners.

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Jersey Milk Discontinued Amid Economic Pressures

Jersey Milk chocolate bar. Photo: Dessart Sweets Ice Cream & Candy Store

It appears Jersey Milk Chocolate is gone after all—despite weeks of corporate denials. Mondelez has now confirmed the product is being discontinued. While the company claims no jobs will be lost—a credible assertion given that Jersey Milk was produced alongside other brands like Caramilk and Mr. Big at the Gladstone plant in Toronto—the move reflects a broader strategic shift. This is less about nostalgia and more about economics: Jersey Milk had become a low-volume product that consumed relatively high production resources. In short, it no longer made financial sense.

What’s troubling, though, is the lack of transparency. It took weeks of speculation and online chatter for the company to finally acknowledge the product’s discontinuation. Companies rarely announce product retirements voluntarily, especially when it involves a legacy brand like Jersey Milk—an iconic Canadian chocolate bar first introduced by William Neilson Ltd. in 1924, beloved by generations for its simple, creamy profile and its essential role in summer s’mores.

From an economic perspective, the decision is understandable. Input costs, particularly cocoa, have surged dramatically. Cocoa prices have hovered between $7,500 and $9,000 USD per metric ton—three to four times the historical average. Since December 2023, the market has remained above $4,000 USD per metric ton, putting immense pressure on manufacturers like Mondelez, who have had to renegotiate contracts amid volatile commodity markets.

Some may dismiss this as the loss of “just a chocolate bar.” But confectionery, like other discretionary food items, acts as a bellwether for consumer confidence and purchasing power. You don’t need chocolate to survive, but its availability and variety reflect economic health. When manufacturers start pulling brands from shelves—especially those made domestically, as opposed to imported products like the recently discontinued Cherry Blossom—it raises larger questions about our domestic economy.

Canada’s economy is facing a paradox: our population is growing, yet our productivity and real income levels are not. As a result, food processors and retailers are under pressure to streamline offerings and focus only on what sells best. The disappearance of familiar products from grocery aisles is symptomatic of a broader issue—slowing investment, economic stagnation, and increased homogeneity on retail shelves.

And fewer choices don’t just reflect a lack of innovation—they have real consequences. Less variety means less competition, which often leads to higher prices. When iconic products quietly vanish, market power becomes more concentrated in fewer hands, giving large players greater pricing latitude. In the long run, consumers pay more not just financially, but in lost culinary diversity.

In a more prosperous context, another brand might emerge to fill Jersey Milk’s place. But in today’s Canada—where consumers are stretching every dollar just to get by—product innovation becomes riskier, and companies are less inclined to take chances.

Jersey Milk’s quiet exit is more than a nostalgic loss. It is a subtle economic signal. When variety disappears, it’s often because choice has become a luxury. Chocolate isn’t essential for survival—but in times like these, small comforts matter more than ever.

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How the MT4 Trading Platform Empowers the Modern Retail Investor

Retail investing has come a long way. It’s no longer limited to building a slow-moving portfolio of funds and waiting for long-term gains. Today’s investors are taking more control, learning faster, and diversifying their income in ways that weren’t possible a decade ago.

Technology is a big part of that shift. And for millions of self-directed traders around the world, the MT4 trading platform is still one of the most practical, trusted, and effective tools to make it happen.

While newer platforms get a lot of attention, MetaTrader 4 continues to serve as a foundation for modern retail traders who want flexibility, precision, and real-time access to global markets. Yes, the features are great, but it’s about enabling smarter strategies, whether you’re trading part-time, building a side income, or looking for more control over your financial outcomes.

A Platform That Meets Traders Where They Are

Retail investors today are tech-savvy, curious, and more hands-on with their money. They’re looking beyond passive investing and into markets like forex and CFDs, where timing and strategy make a real difference.

That doesn’t mean everyone’s aiming to trade full-time. However, it does mean that more people are adding active trading to their financial toolbox, especially those interested in short-term market moves, hedge opportunities, or strategy-based income.

For these individuals, MetaTrader 4 offers something rare: a platform that’s robust enough for serious trading, yet still accessible to those starting out. It doesn’t overwhelm users with clutter. It focuses on what actually matters: execution, data, and control.

Why MT4 Still Holds Its Ground

With so many platforms launching each year, why has MT4 stayed so widely used?

Fast, Stable, and Lightweight

MT4 is built for efficiency. It runs smoothly on most devices, loads charts quickly, and doesn’t demand high processing power. For traders managing their activity alongside a day job or other commitments, this kind of speed and simplicity matters.

Whether you’re opening a quick position on a news-driven spike or monitoring a few setups in the background, MT4 lets you do it without lag or distraction.

Real-Time Charting and Analysis

Good decisions come from clear data. MT4’s charting tools offer just that: clean visuals, reliable price feeds, and full control over how you view the market.

You can customise timeframes, add indicators like MACD or RSI, and draw levels to support technical strategies. This isn’t just useful for short-term traders. Even investors exploring swing setups or macro-driven positions benefit from the precision of these tools.

Automation Through Expert Advisors

One of MT4’s most valuable features is its support for automated trading via Expert Advisors (EAs). These are scripts that let you test and run strategies automatically, based on specific rules and market conditions.

This is a game-changer for traders who want to stay systematic, or who simply don’t have time to watch charts all day. Many modern retail investors are now exploring automation as a way to reduce emotional trading, free up time, or scale up a strategy that’s already working.

Plus, because MT4 has been around for years, the EA ecosystem is massive. Whether you’re coding your own or using a third-party solution, the tools are there.

Supporting the Rise of Self-Directed Finance

There’s a wider trend happening in personal finance: more people are building their own wealth strategies outside traditional channels. That could mean starting a business, building an online income, or trading markets part-time.

Platforms like MT4 fit perfectly into this landscape. They give everyday people access to the same types of markets, data, and execution that professionals use, without needing a degree in finance or a huge starting capital.

And because MT4 is offered by many top-tier brokers, onboarding is straightforward. You can open an account, practise with virtual funds, and move to live trading when you’re ready, all without switching platforms.

Why MT4 Works for Modern Diversification

Traders want different options. MT4 supports this by giving retail investors access to a wide range of instruments beyond just currency pairs. From commodities like gold and oil, to stock index CFDs, to crypto (via CFDs), MT4 offers flexibility without overcomplication.

For investors who want to…

  • Hedge currency exposure
  • Take advantage of geopolitical trends
  • Trade high-volatility events
  • Diversify beyond traditional assets

MT4 serves as a central hub. It keeps everything in one place, streamlining both the strategy and execution side of trading.

Empowering Decision-Making, Not Guesswork

One of the reasons traders stay with MT4 is that it supports better decisions. The platform helps you refine your approach.

You can:

Backtest strategies ✔️

Track past trades and outcomes ✔️

Set up alerts for price action ✔️

Manage risk with stop-loss and take-profit tools ✔️

This is the difference between “trying trading” and actually building a method that fits your lifestyle and goals. Whether you trade once a day or once a week, MT4 supports consistency, and that’s what makes a difference over time.

A Community That Adds Value

Because MT4 has been a leading platform for years, there’s an enormous community of traders, educators, developers, and analysts who continue to support it.

That means it’s easier to find tutorials, customise your setup, download or purchase EAs, and get help when you need it.

You’re not on your own. The knowledge base around MT4 is deep and constantly growing, which gives retail traders a better shot at success, especially in the early stages of learning the ropes.

Global Reach, Local Access

MT4’s design allows traders to participate in global markets without needing a complex setup. You can trade major sessions, respond to real-time news, and use different currency pairs or CFDs from anywhere in the world.

And because it integrates easily with many brokers, including ThinkMarkets, the user experience is smooth whether you’re on a desktop at home or managing positions from your mobile on the go.

That kind of flexibility is essential in 2025. Retail traders don’t sit in front of multi-screen setups all day. They’re mobile, dynamic, and often fitting trading around other priorities. MT4 adapts to that reality.

The Role of MT4 in Long-Term Financial Habits

Trading platforms influence how people approach money, risk, and discipline. MT4 has played a role in helping everyday investors treat trading as a process, not a guess. By making powerful tools available to everyone, it has supported a shift in how financial independence is pursued through self-education, strategy, and action.

Even traders who eventually move on to other systems often credit MT4 for helping them build their foundation. That says something about its relevance and reliability.

Practical, Proven, Still Powerful

MT4 has lasted because it delivers what real traders actually need. In 2025, retail investing isn’t about doing what institutions do. It’s about having access to the same tools, but using them on your own terms. MT4 empowers that by combining speed, flexibility, and user control in a way that newer platforms often overcomplicate.

It remains the smart choice for anyone looking to diversify their income, explore active trading, or simply understand the markets more deeply. And in a time when financial flexibility is more valuable than ever, that makes MT4 just as relevant now as when it first launched.

FAQs

Is MT4 still a good choice for beginners?

Yes. MT4 offers a user-friendly layout that’s easy to navigate, even if you’re new to trading. It’s simple enough to learn on, but powerful enough to grow with as your strategy develops.

Can I trade more than just forex on MT4?

You can. MT4 supports CFDs on a range of instruments, including commodities, indices, and even cryptocurrencies (depending on your broker). This gives you more flexibility when building a diversified strategy.

Do I need to know coding to use Expert Advisors (EAs)?

Not necessarily. While EAs are built using MQL4, many are available ready-made. You can download or purchase EAs and run them on your MT4 platform without needing to code them yourself.

Is MT4 mobile-friendly?

Yes. The MT4 mobile app allows you to place trades, manage positions, and monitor charts on the go. It’s a great option for traders who need flexibility during the day.

Loulou Lollipop: Vancouver-based baby brand eyes international growth and retail expansion

Photo: Loulou Lollipop
Photo: Loulou Lollipop

Loulou Lollipop, a Vancouver-based baby lifestyle brand known for its safe, stylish, and functional products, is marking 10 years in business with plans to expand internationally and explore physical retail.

Co-founded by Eleanor Lee and Angel Kho in 2015, the idea for the company began with a personal need.

“I was a new mom and then I was looking for a teething necklace at that time,” said Lee. “I saw a gap in the market and there was nothing like that in the Canadian market that I liked—more safe and stylishly designed products that would reflect my style and my value. So I thought that could be something other moms are looking for.”’

Eleanor Lee and Angel Kho
Eleanor Lee and Angel Kho

The company launched with one product—a teething necklace—driven by a deep belief in building “something meaningful and different,” said Lee. “At that time, there was no business plan, no investor.”

Kho, who joined from the start, said she was intrigued by the concept. “When Eleanor shared the idea with me, I had not heard of teething necklaces. My kids were a little bit older, they were out of the teething phase already, and it was something that I thought was quite intriguing and interesting,” said Kho. “My kids grew up with those plastic gel-filled teething toys that I knew at that time were not very safe. I remember one time, as I was checking out at the grocery store, I had to keep my girl busy and using a car key—I only had a car key in hand—I gave her a car key. And as I was paying and turned around, I saw her putting the car key in her mouth. It was just shocking. I was like, oh dear, what have I done? But she survived. She’s 18 now.”

Today, the company has grown far beyond necklaces, offering a range of products across several categories.

The company has been on an aggressive growth trend and in the past few months alone the company has:

  • Participated in the ABC Kids Expo – North America’s largest baby and kids trade show
  • Launched in Taiwan, with strong early traction in the Asian market
  • Received a significant new order from Nordstrom
  • Secured new distribution in Spain, Portugal, Mexico, Amazon EU and TikTok Shop all launching this summer, with Vietnam later this year, massively expanding global reach
  • Continued to grow their retail presence across Canada and the U.S., all while staying true to their roots as a founder-led, purpose-driven business.

This growth complements current retail partnerships like West Coast Kids, Clement and Indigo in Canada and Bloomingdales, Target, Macy’s and Gap online in the US. Also Loulou Lollipop has won numerous awards for their products in recent months, including The Bump Best of Baby Award, the Parents Best for Baby Award, The Everymom Registry Award, and the PureWow Happy Kid Award. 

Loulou Lollipop is also a certified B Corp known for sustainable, design-forward essentials.

JamesConnell
JamesConnell

“(We have) the combination of sleepwear—so sleep bags, sleepers, swaddles—as well as a significant line of silicone tableware, so snack plates, cups, learning utensils, and then bath toys,” said James Connell, who recently joined the team as COO and CMO. “A number of different toys that sort of make bathtime more fun and enjoyable as well.”

The brand’s products are available through Loulou Lollipop’s own website, Amazon, and a wide range of retailers including West Coast Kids, Nordstrom, and Indigo Chapters.

“We also have recently started to expand internationally as well,” added Connell. “In the last few months, signed a distribution deal in Taiwan, as well as Latin America.”

Although Loulou Lollipop doesn’t currently operate physical stores, the founders see potential in having a retail presence.

“Yes, definitely,” said Kho. “We thought about it, and it’s more like in the horizon, I would say. We’re testing out with something small first, testing out with pop-up shops. And then at our headquarter in Richmond, we do have a very, I would say, a pretty great front space that we are going to turn into more like a retail experience this summer.”

Looking ahead, the company is focused on continued global expansion.

Angel Kho
Angel Kho

“I would say we’ll continue to expand internationally,” said Kho. “And also, we’ll definitely be looking at having more physical presence as well. Because we feel that a lot of our products—the pictures don’t do justice. Our products need to be seen and touched. And also having that interpersonal conversation with our customer—really understanding what they’re looking for, what they want from our products—it makes it very special.”

Operationally, the brand is also making supply chain shifts to better position itself amid global changes.

“That’s something that we’re currently working on,” said Connell, referring to a shift in production from China to Vietnam. “And have been prior to the announcement of tariffs.”

“Looking at diversification of our supply chain really helps mitigate challenges when it comes to potential tariffs, which we’re already seeing, as well as the fact that we’re starting to see costs rise with certain suppliers. So by looking at different suppliers globally, it allows us to not only maintain our commitment to sustainability and B Corp status, as well as get the best price for our customers and not be in a situation where we’re having to raise prices to adapt to new market changes or inflation.”

Asked whether U.S. tariffs have affected business strategy, Connell said the focus is on flexibility.

“It is such a moving target that what we say today, we may not necessarily believe tomorrow,” he said. “The U.S. market for us is important and will continue to be important. Nordstrom just placed a great new order.”

“That being said,” he added, “it’s equally as important to be in a new retailer in Taiwan or Spain or Mexico. So the more we can start to build a globally recognized brand that’s desirable around the world by families, the better off we’re going to be.”

Eleanor Lee
Eleanor Lee

Lee noted that the company is also seeing rising brand awareness at home.

“In the past, the U.S. market accounted for 80%. However, since COVID and the last few years with more marketing we are seeing an uptick of our brand in Canada. The Canadian market now accounts for 50%,” said Lee. “So in Canada, definitely we do see there’s a lot of room for growth. So we’ll continuously grow the brand in Canada and at the same time, just like James mentioned, we will continue to expand internationally to kind of de-risk and mitigate risk.”

Kho added: “There’s the old adage—don’t put all of your eggs in one basket. Right? So having that diversification is absolutely crucial. And also there are a lot of people going to different countries—Spain is definitely one of the top travel destinations, Taiwan is coming up, and also like Japan. So, for our customers to see our products in international countries—it really creates that desire. It’s like, oh wow. And also, making us as a Canadian brand really proud as well.”

Photo: Loulou Lollipop
Photo: Loulou Lollipop

When asked about the brand’s name, Lee explained its evolution.

“We actually came up with Lollipop first. Lollipop is a candy kids love a lot. And our first product was a teething necklace—something kids put in their mouth. So that’s why we felt that Lollipop was very fitting,” she said. “However, with Lollipop, the name is quite generic and it doesn’t really resonate with parents. We liked French culture, with a French aesthetic, and maybe we could create a name that’s a bit more sophisticated.

“Lulu came to mind. There are a couple of reasons—at that time there was Lulu magazine in Canada, and also lululemon. In French, ‘Lulu’ is actually a fashion way of calling a little kid. So we thought, oh, that’s actually a great name because we are creating products for children. So it is like children and a lollipop—and that’s how we landed on the name.”

Kho added, “It rolls off the tongue. We tried ‘bonbon,’ like candy, but ‘Loulou Lollipop’ just kind of rolls.”

Connell said the brand’s evolution includes the recent launch of a new brand icon.“I think that’s also part of the reason why we’ve launched a new brand icon, Wolfie, in the last few months,” he said. “That’s also really related to the fact that with our move into more aggressive branding over the past few months to try to be more recognizable in the market, which is proving to be successful and driving more demand. The Wolfie icon is also a loose translation of ‘wolf’ from French. So it allows us to have our sleepy Wolfie on our product and help it be more recognizable to consumers, not only in North America but also globally.”

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Photo: Loulou Lollipop
Photo: Loulou Lollipop
Photo: Loulou Lollipop
Photo: Loulou Lollipop