Canada Bread Co. plans country's biggest bakery in Ontario
Canada Bread Co. plans to open the country's biggest bakery somewhere in southwestern Ontario, an area that has been hard-hit by the recent economic downturn and a longer-term loss of manufacturing jobs.
Canada Bread said it will close a fresh bakery facility in British Columbia to cut costs and expand production in the high growth tortilla category, and it will take a related pretax charge of about C$4.8 million.