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Chinese medicine and health products get trading platform in August

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Chinese medicine and health products get trading platform in August

An International Conference and Exhibition of the Modernization of Chinese Medicine and Health Products in August will give industry players the platform to introduce Chinese health products and medicine to the Canadian market.

[blockquote style=”center” color=”#121111″ bg_color=”#f5f0f0″ border_color=”#1459a8″]Benjamin Chau, deputy executive director, Hong Kong Trade Development Council, said, “There is a robust development of Chinese medicine in Hong Kong. In 2014, the total exports of Chinese medicines reached USD 452 million, up 9.3% compared to the previous year. ICMCM is the annual premier event of the Chinese medicine and health products industry. This year, the fair will feature more than 100 exhibitors coming from nine countries and regions including Hong Kong, the Chinese mainland, Macau, France, Japan, Korea, Singapore, Taiwan and the US.”[/blockquote]


 

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The conference/fair will be divided into themed zones, which will allow buyers to easily locate vendors of interest. The zones will include beauty and fitness, Chinese medicine, functional foods and products, health supplements, health care and therapy, research and development as well as raw materials, equipment and related services.

The first two days of the conference/fair, August 13 and 14 will cater exclusively to trade visitors for extensive business discussions and promotion of exchange of ideas. On August 15, the doors will be open to the general public.

Linda Bolton – Natural Calm

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Linda Bolton - Natural Calm

LindaWhat does it take to be listed among top female entrepreneurs two years in a row? How does a female entrepreneur get nominated for an award honouring and recognizing her unrelenting hard work and dedication to her cause? Linda Bolton founder of Natural Calm Canada knows exactly how to do all that. Last year, she was nominated as one of the top female entrepreneurs in Canada and ranked 67 out of 100 in the W100 PROFIT/Chatelaine Canadian female entrepreneur list, this year she was 48.

Not surprisingly, Bolton is also nominated for the RBC Canadian Women of Influence Award. A decade ago, she dedicated her retirement to raising funds for impoverished kids in Africa through her non-profit Organics 4 Orphans. Every penny of profit Bolton gained from Natural Calm Canada went into building better lives for families in poverty-stricken countries. But reaching this height of success wasn’t an easy journey.

From the days of working 60–80 hour work weeks and attending numerous trade shows, Bolton has now become influential in the natural health product business and is recognized in circles of successful women entrepreneurs as evidenced by the awards she has received and is nominated for. Bolton says appearing on the W100 PROFIT/Chatelaine list twice has boosted her business spirit and using the contacts she made through the platform, she was able to spread Natural Calm’s name far and wide.

[blockquote style=”center” color=”#0a0a0a” bg_color=”#f5eded” border_color=”#f5d908″]“I’ve appeared in both PROFITguide.com and Chatelaine in the last two years,” she explains. “Last year, I sent out a hundred packages to all the women listed on the W100 and outlined to them how they can use magnesium to help alleviate the stress in their very busy lives.”[/blockquote]

 

Bolton believes personal award is a reflection of the immense success of Natural Calm. Being honoured for her achievements related to Natural Calm is a clear and positive endorsement of the products. Her success as an entrepreneur is directly attributable to the success the brand has seen since its introduction in 2004 and vice versa. Bolton has been and remains the principal face of Natural Calm in Canada.

Clearly, her unmatched success in the world of natural health products with Natural Calm has lead to the business world recognizing her triumphs. To those who sell Natural Calm in their stores, the partnership takes on a whole new meaning, as they see a close link between her personal achievement and the products. For them, the reciprocal success of Natural Calm and Bolton creates a positive vibe. The upward movement in the last two years shows that the owner of Natural Calm Canada has created an unbeatable momentum.

Proven by Bolton’s nomination and place in the W100 list for two years in a row, Natural Calm stands as the top-selling brand of magnesium in North America. And as a retailer and consumer, who wouldn’t want to be associated with winners such as Bolton and Natural Calm.

Drop in retail sales brings bad news for loonie and GDP

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More Canadians Shopping Online

Canadian retail sales dropped unexpectedly by 0.1 per cent in April this year after showing two months of gain. Statistics Canada data indicated that this is due to lower spending at food and electronic stores.

Predictions for a 0.7 per cent increase was disproved and Statscan had to revise March’s month-on-month gain to 0.9 per cent.


 

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Nick Exarhos, CIBC economist, said this is a negative for April’s GDP outlook and that this was bad news for the loonie as well.

Sales in 11 subsectors fell in April accounting for 43 per cent of retail trade, in terms of volume, retail sales dropped by 0.2 per cent.

Moreover, sales at food and beverage stores also fell by 1.3 per cent, making this the third decrease in four months. According to StasCan, inflation rate in May also increased to 0.9 per cent from 0.8 per cent.

Germany-based Metro to expand using cyberspace

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Retail sales in Canada have risen for the sixth consecutive month

Metro AG has shown inclination to spending more on online and international expansions after its Kaufhof department store chain was sold for 2.8 billion Euro ($3.18 billion).

Aside from opening more of its Media Markt and Saturn discount electronics stores outside Germany, the company’s chairman of the management board says there are other investments to be looked at.


 


 

Olaf Koch said in an interview to a magazine that the company plans on expanding with investments in digital businesses, modernisation of older stores, additional stores in foreign locations for Metro Cash & Carry, Media Markt and Saturn.

Canadian Hudson’s Bay has shown interest in helping expand Kaufhof’s e-commerce by taking advantage of the role its stores play as local distribution centres to beat other online-only rivals. This strategy is called “omnichannel.”

Even though e-commerce has been on the rise in Germany, the country being Amazon’s second-biggest market, local stores have been slower to respond and board the online wagon.

Canada Consumer Product Safety Act turns four

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Regulatory amendments to help control prescription drug abuse in Canada

Health Minister Rona Ambrose and Parliamentary Secretary Cathy McLeod marked the fourth anniversary of the Canada Consumer Product Safety Act highlighting some of the achievements in protecting Canadians.

The Act was used to remove novelty magnet sets by NeoMagnetic Gadgets Inc. from the market. The sets, although marketed to adults, contained tiny pieces that could be easily swallowed or inhaled by children.


 

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This led to the finalization of the Administrative Monetary Penalties (Consumer Products) Regulations, including fines of up to $25,000 per day if companies do not comply with orders under the CCPSA.

According to the CCPSA, manufacturers are required to report any incident concerning their product within the country or if it has been recalled in another country.

In effect, this Act has allowed the government to deal effectively with companies that withhold safety information or sell products that pose a threat to the health and safety of Canadians.

 

Operation Pangea keeps Canadians away from illicit health products

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What’s a Nasty Bug Like You Doing in a Place Like This?

This year’s Operation Pangea builds on Health Canada‘s ongoing actions against illegal and counterfeit health products that lead to a seizure of 1,278 packages at the border during this week.

As part of Health Canada’s ongoing commitment to preventing unlicensed health products from entering the Canadian market, a partnership called Operation Pangea including the Royal Canadian Mounted Police, the Canada Border Services Agency and the International Crime Police Organization, entered its eighth consecutive year.


 

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This year’s annual international week of action that took place between June 9-16 saw participation from 115 countries and 236 police, customs and health regulatory agencies from around the world.

Health Canada has formed a website www.healthycanadians.ca to help educated Canadians about the rusk of buying drugs, natural health products or medical devices online. Such counterfeit and unlicensed products do not undergo rigorous regulatory checks by the Canadian authorities and can lead to serious negative consequences for the user.

New policy development system launched by CPhA

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New policy development system launched by CPhA

Pharmacare 2.0 is a four-stage policy development process designed to build a Canadian consensus and restart the pharmacare conversation.

[blockquote style=”center” color=”#0f0e0e” bg_color=”#f5dada” border_color=”#e6d157″]”It’s time to change the pharmacare narrative; governments’ current approach to improving affordability and access to drugs through a singular preoccupation on reducing drug prices does not address the key concerns of Canadians—improving health outcomes and the long- term sustainability of public drug plans,” said Perry Eisenschmid, CEO, Canadian Pharmacists Association. “The focus of CPhA‘s pharmacare initiative is building a sustainable health care system by providing optimal patient-centred care at an affordable price.”[/blockquote]

With effect immediately, the CPhA will undertake conversations with key stakeholders to develop principles, policies and priorities for national pharmacare. The system will use the expertise and first-hand knowledge of pharmacists regarding current barriers to drug therapies.


 


 

The findings from these discussions will fuel the nationwide conversation and advance CPhA’s advocacy efforts through the approaching federal election campaign. It will lead to the formation of a Health Care Consensus Working Group. The group will prepare a national pharmacare model and unveil it in 2016.

 

Young entrepreneur from St. John’s wins $25,000

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Young entrepreneur from St. John's wins $25

Melissa Butler, a resident of St. John’s Newfoundland, entered the BDC Young Entrepreneur Award 2015 aiming to create a sustainable year-round organic produce business to help improve health in the community.

On Monday, June 22, BDC awarded Butler second place for her Farm to Table project, with a prize valued at $25,000 in consulting services.

[blockquote style=”center” color=”#0a0a0a” bg_color=”#f5e2e2″ border_color=”#8a0707″]“It’s been a great experience just to take part in this contest as a finalist,” said Butler in a press release. “The support we’ve seen has been incredible, from friends, family, customers, local celebrities and even strangers from outside the province. It proves there is a need for this, a market for it – Newfoundlanders are eager to improve their health and secure the island’s food supply.”[/blockquote]

The young entrepreneur runs Real Food Market where she retails organic produce, organic and grass-fed meats, wild fish, vegan and vegetarian food and gluten-free options at her store and using a home-delivery system.


 

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Michael Bergeron, senior vice president, marketing and public affairs at Montreal-based Business Development Bank of Canada said, “I congratulate Melissa on her win. She is working to find a practical way to create a sustainable, year-around organic food system in her province and our consulting services will certainly help her move forward.”

Butler looks forward to get to work on a public education program about healthier food choices for the community. She says she wants to use BDC’s support to partner with loca greenhouse operations to setup year-round organic vegetable production.

Organic baby food industry set to see major growth in the next decade

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Organic baby food industry set to see major growth in the next decade

A recent research report suggests that the organic baby food market is estimates to hit a revenue of $3528.7 million at the end of the next five years.

The Market Research Reports Search Engine included the Organic Baby Food Market: BRIC Industry Analysis and Opportunity Assessment 2015 – 2025 to show that this industry is projected to grow at a significant 19.5 per cent rate in the next decade.


 

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Reasons cited include parental concern for the fulfillment of necessary nutrition for babies and doctor recommendations. Millenial parents are being attracted by the use of social media to drive trends toward organic food products.

The report looked at organic baby food markets in the prepared baby food, dried baby food, milk formula and ready-to-feed categories. It is the milk formula factor that is expected to lead market revenues followed by prepared organic baby food.

Kellogg Co. faces $4 million settlement in Kashi lawsuit

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Kellogg Co. faces $4 million settlement in Kashi lawsuit

According to recent developments in the “all-natural” lawsuit against Kashi, a brand owned by Kellogg Co., could cost $4 million.

The allegation against Kashi was that its products contain GMOs instead of all-natural ingredients as claimed on their packs.


 

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The settlement amount could range from $2 million to $3.99 million and the money is supposed to go toward reimbursing Kashi customers, who have proof of purchase, and $27.50 to all those who don’t.

The lawsuit further stipulates that all future Kashi labels will avoid the “all-natural” or “nothing artificial” claims until they are using ingredients approved by regulators.

Last year, Kellogg settled a similar case of the same label that amounted to $5 million. A class-action lawsuit in California, last week, alleged that Campbell Soup’s Prego pasta sauces should not be labelled “all-natural” either because it uses canola oil from GMO sources.