Pippa Norman, and Irene Galea / Globe and Mail » James McInnes has pressed pause on US expansion plans for his London, Ont.-based Odd Burger Corp.
The move, which was two years in the making and already included 60 US franchise sales, would have been propped up by a $2-million capital raise by the vegan fast-food company.
Instead, that money will go toward fast-tracking a new manufacturing facility in Canada and fulfilling growing demand by restaurants and grocery giants that want to buy domestic, said Mr. McInnes, Odd Burger’s chief executive officer.
It’s a small example of Trump’s tariffs backfiring. But it’s not the only one. Odd Burger is one of a growing number of Canadian companies – big and small – betting on increasing domestic sales rather than relying on the US market.