Molson Coors Canada Inc is a wholly-owned subsidiary of the global brewer, Molson Coors Beverage Company.
The Canadian segment primarily produces and markets beer and other malt beverages with breweries located in Toronto, Montreal, Vancouver, Quebec, St Johns, Newfoundland and Labrador.
Molson Coors Beverage Company was formerly known as Molson Coors Brewing Company till 2019.
Molson Inc and US-based Adolph Coors Co merged to create a new brewing giant, Molson Coors, in 2004.
Headquartered in Toronto, Molson Coors Canada is also partly owns Ontario-based The Beer Store, accounting for 85 per cent market share. The company also has the selling and marketing rights of Heineken, a global brewer.
Molson Coors Canada Inc is a public listed company and trades on the Toronto Stock Exchange under the symbol ‘TPX’.
The Canadian brewer operates via a family of brands, including:
• Molson Canadian
• Coors Banquet
• Creemore Springs
• Coors Light
• Miller Lite
• Blue Moon Belgian White
• Coors Seltzer
• Hop Valley
The beverages are marketed in over 100 countries across the globe.
The company reportedly sold more than 84 million hectolitres of beverages in 2020.
Presently, the parent company owns 42 breweries across the world, including key markets in the United States, Canada, and Europe.
The company claims that its products are regulated by the Tax and Trade Bureau and meets all federal regulations.
As part of its responsible marketing strategy, the Canada-based firm claims to comply with existing regulations.
As a signatory to the United Nations Global Compact, Molson Coors aims to reduce its environmental footprint, reduce water consumption, and manage wastewater.
Under its sustainable initiatives, the company aims to achieve zero waste landfills by 2025 and reduce emissions from packaging. It claims as many as 18 brewing and manufacturing facilities, including nine in the United States, eight in Europe, and one in Canada, have achieved the target.