adplus-dvertising
Connect with us

Business

Stay within aspartame limits, Canadian Cancer Society says in wake of WHO findings

Published

 on

TORONTO – The Canadian Cancer Society is recommending that people stay within existing daily limits of aspartame consumption and encouraging more studies on the artificial sweetener after the World Health Organization deemed it “possibly carcinogenic.”

The classification “means that there’s limited evidence suggesting that it may cause cancer in humans and that additional research is needed,” said Elizabeth Holmes, director of health policy at the Canadian Cancer Society, in an interview on Friday.

Holmes said the society welcomes research proposals on aspartame and will consider funding them.

Two WHO-affiliated agencies conducted two independent reviews to assess health risks associated with consumption of aspartame, which is commonly found in diet beverages, gum and sugar-free sweet treats such as syrup or gelatin dessert.

In reviewing available studies in both humans and animals, the International Agency for Research on Cancer (IARC) and the Food and Agriculture Organization Joint Expert Committee on Food Additives (JECFA) found limited evidence that aspartame could be associated with a type of liver cancer.But the findings could not rule out the possibility that other variables might account for the link.

Better studies, including randomized controlled trials, are needed to determine more definitively whether or not aspartame causes cancer, the study summary said.

There was “no convincing evidence” to suggest current recommendations on safely eating or drinking aspartame should be changed, it said.

Health Canada and the WHO both recommend a daily limit of 40 mg of aspartame per kilogram of body weight.

A WHO news release breaks it down: since a can of diet soda contains about 200 – 300 mg of aspartame, an adult who weighs 70 kg would need to consume more than nine to 14 cans per day to exceed that limit.

David Ma, a professor of nutritional sciences at the University of Guelph, said the daily aspartame consumption of most Canadians likely falls within that limit.

“Unfortunately, there are probably a few individuals drinking (above) that level. So those would be the ones that should be most concerned about their intake,” Ma said.

In an emailed statement, Health Canada said it will review the research and “determine whether action is needed for aspartame in Canada based on the scientific data in the full reports.”

The WHO has four classification levels for items assessed for their potential to cause cancer: carcinogenic to humans, probably carcinogenic to humans, possibly carcinogenic to humans, and not classifiable as to its carcinogenicity to humans.

Those levels are based on how strong the evidence is that something, including food, drink, chemicals and environmental hazards, is linked with cancer. The classification levels aren’t a statement about the “degree of risk” of developing cancer. The risk often varies with the amount consumed or levels of exposure. The type of cancer the food or drink is linked to also varies.

Tobacco, alcohol and processed meat are among more than 120 items currently classified as carcinogenic on the WHO’s website. There are more than 90 items listed as “probable” carcinogens, including red meat.

When it comes to “possible” carcinogens such as aspartame, more than 320 items are listed. They include many chemicals, such as chloroform and lead.

It’s important to think of substances listed as carcinogenic, probably carcinogenic or possibly carcinogenic as “hazards” rather than “risks,” Ma said.

For example, driving a car is inherently a hazard, he said. But the risk of injury is lowered by actions that we take.

“We accept that because overall, on a daily basis, millions and millions of people drive and the risk is relatively low because we put on our seat belt, we follow the rules of the road, we do not drive dangerously at high speeds,” Ma said.

Similarly, aspartame is a “hazard” but “the level of risk is low” if we don’t consume too much, he said.

This report by The Canadian Press was first published July 14, 2023.

 

728x90x4

Source link

Continue Reading

Business

Canada Goose to get into eyewear through deal with Marchon

Published

 on

 

TORONTO – Canada Goose Holdings Inc. says it has signed a deal that will result in the creation of its first eyewear collection.

The deal announced on Thursday by the Toronto-based luxury apparel company comes in the form of an exclusive, long-term global licensing agreement with Marchon Eyewear Inc.

The terms and value of the agreement were not disclosed, but Marchon produces eyewear for brands including Lacoste, Nike, Calvin Klein, Ferragamo, Longchamp and Zeiss.

Marchon plans to roll out both sunglasses and optical wear under the Canada Goose name next spring, starting in North America.

Canada Goose says the eyewear will be sold through optical retailers, department stores, Canada Goose shops and its website.

Canada Goose CEO Dani Reiss told The Canadian Press in August that he envisioned his company eventually expanding into eyewear and luggage.

This report by The Canadian Press was first published Sept. 19, 2024.

Companies in this story: (TSX:GOOS)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Business

A timeline of events in the bread price-fixing scandal

Published

 on

 

Almost seven years since news broke of an alleged conspiracy to fix the price of packaged bread across Canada, the saga isn’t over: the Competition Bureau continues to investigate the companies that may have been involved, and two class-action lawsuits continue to work their way through the courts.

Here’s a timeline of key events in the bread price-fixing case.

Oct. 31, 2017: The Competition Bureau says it’s investigating allegations of bread price-fixing and that it was granted search warrants in the case. Several grocers confirm they are co-operating in the probe.

Dec. 19, 2017: Loblaw and George Weston say they participated in an “industry-wide price-fixing arrangement” to raise the price of packaged bread. The companies say they have been co-operating in the Competition Bureau’s investigation since March 2015, when they self-reported to the bureau upon discovering anti-competitive behaviour, and are receiving immunity from prosecution. They announce they are offering $25 gift cards to customers amid the ongoing investigation into alleged bread price-fixing.

Jan. 31, 2018: In court documents, the Competition Bureau says at least $1.50 was added to the price of a loaf of bread between about 2001 and 2016.

Dec. 20, 2019: A class-action lawsuit in a Quebec court against multiple grocers and food companies is certified against a number of companies allegedly involved in bread price-fixing, including Loblaw, George Weston, Metro, Sobeys, Walmart Canada, Canada Bread and Giant Tiger (which have all denied involvement, except for Loblaw and George Weston, which later settled with the plaintiffs).

Dec. 31, 2021: A class-action lawsuit in an Ontario court covering all Canadian residents except those in Quebec who bought packaged bread from a company named in the suit is certified against roughly the same group of companies.

June 21, 2023: Bakery giant Canada Bread Co. is fined $50 million after pleading guilty to four counts of price-fixing under the Competition Act as part of the Competition Bureau’s ongoing investigation.

Oct. 25 2023: Canada Bread files a statement of defence in the Ontario class action denying participating in the alleged conspiracy and saying any anti-competitive behaviour it participated in was at the direction and to the benefit of its then-majority owner Maple Leaf Foods, which is not a defendant in the case (neither is its current owner Grupo Bimbo). Maple Leaf calls Canada Bread’s accusations “baseless.”

Dec. 20, 2023: Metro files new documents in the Ontario class action accusing Loblaw and its parent company George Weston of conspiring to implicate it in the alleged scheme, denying involvement. Sobeys has made a similar claim. The two companies deny the allegations.

July 25, 2024: Loblaw and George Weston say they agreed to pay a combined $500 million to settle both the Ontario and Quebec class-action lawsuits. Loblaw’s share of the settlement includes a $96-million credit for the gift cards it gave out years earlier.

Sept. 12, 2024: Canada Bread files new documents in Ontario court as part of the class action, claiming Maple Leaf used it as a “shield” to avoid liability in the alleged scheme. Maple Leaf was a majority shareholder of Canada Bread until 2014, and the company claims it’s liable for any price-fixing activity. Maple Leaf refutes the claims.

This report by The Canadian Press was first published Sept. 19, 2024.

Companies in this story: (TSX:L, TSX:MFI, TSX:MRU, TSX:EMP.A, TSX:WN)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Business

TD CEO to retire next year, takes responsibility for money laundering failures

Published

 on

 

TORONTO – TD Bank Group, which is mired in a money laundering scandal in the U.S., says chief executive Bharat Masrani will retire next year.

Masrani, who will retire officially on April 10, 2025, says the bank’s, “anti-money laundering challenges,” took place on his watch and he takes full responsibility.

The bank named Raymond Chun, TD’s group head, Canadian personal banking, as his successor.

As part of a transition plan, Chun will become chief operating officer on Nov. 1 before taking over the top job when Masrani steps down at the bank’s annual meeting next year.

TD also announced that Riaz Ahmed, group head, wholesale banking and president and CEO of TD Securities, will retire at the end of January 2025.

TD has taken billions in charges related to ongoing U.S. investigations into the failure of its anti-money laundering program.

This report by The Canadian Press was first published Sept. 19, 2024.

Companies in this story: (TSX:TD)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Trending