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Foreign-owned

Is Canada Bread (Dempster's, Ben's, Bon Matin, McGavin's) Canadian?

No

This brand is owned by a foreign parent company.

What we found

Despite its name, Canada Bread has been fully owned by Mexico's Grupo Bimbo since the acquisition closed on May 23, 2014, for approximately C Maple Leaf Foods, the prior major shareholder, supported the tra.

The receipt

VerdictForeign-owned
CategoryGrocery Manufacturer
HQMexico City, Mexico
Confidence0.95
EvidenceSecondary source only
Sourcehttps://www.newswire.ca/news-releases/grupo-bimbo-completes-acquisitio… secondary source — registry check pending
“Grupo Bimbo, S.A.B. de C.V. of Mexico has completed the acquisition of Canada Bread.”
Verdicts are only marked verified once a government registry record or corporate filing confirms them.

Canadian alternatives to Canada Bread (Dempster's, Ben's, Bon Matin, McGavin's)

Every brand below is listed as Canadian-owned in our registry.

BrandCategoryHQ LocationOwnership Check
ACE BakeryArtisan BakeryToronto, ONView ownership →
Boule BakeryFood & BeverageToronto, OntarioView ownership →
Cobs Bread Competitor / Nestor's BakeryCanadian bakery/patisserie chainsSaskatoon, SKView ownership →
Croissant PlusRestaurant & CafeMontreal, QuebecView ownership →
Duffin's DonutsCanadian regional bakery cafe chainsVancouver, BCView ownership →
Evergreen BakeryFood & BeverageToronto, OntarioView ownership →
Spotted something wrong? Ownership changes all the time — report a correction and we'll re-check the records.