13:04:24 EDT Fri 09 Oct 2026
Enter Symbol
or Name
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CA



Loblaw Companies Ltd
Symbol L
Shares Issued 1,153,586,408
Close 2026-10-08 C$ 62.68
Market Cap C$ 72,306,796,053
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Globe says Loblaw hears Infoway battling ex CEO Green

2026-10-09 07:16 ET - In the News

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The Globe and Mail reports in its Friday edition that Canada Health Infoway terminated its former chief executive officer partly due to his testimony at a parliamentary committee, which negatively impacted the organization's public image, says a new legal filing. The Globe's Chris Hannay writes that CEO Michael Green was dismissed on April 29 after testifying at a House of Commons health committee about the failure of PrescribeIT, a $300-million federal initiative for electronic prescriptions. Fewer than 5 per cent of prescriptions flowed through the service by the time Infoway's board decided to cancel it as of May 29. Mr. Green filed a wrongful-dismissal suit on July 30, alleging he had been made a scapegoat for the program's failure. He argued he was owed more than $3-million in damages. In a Statement of Defence filed Oct. 1, Infoway argued that Mr. Green "was terminated for bona fide reasons and on a without-cause basis." Infoway said its board had given Mr. Green performance ratings of "exceeds" and "thriving" in past years but cut his rating to "delivering" for the 2025-26 fiscal year because of concerns about his performance, "including the failure to establish a sustainable funding model for PrescribeIT."

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