In the early days of the COVID-19 pandemic, food security became a critical issue with precarious workers, front line responders and Canadians across the country experiencing food insecurity when pre-pandemic reliable food supply chains were disrupted. Working with the Supercluster, FoodX enhanced and scaled its eGMS systems to support the safe provision of food to Canadian frontline workers, an emerging essential service, during the pandemic. The new Supercluster investment of
"As part of the Supercluster's commitment to continue to support Canadians as we battle the pandemic, through this investment the Supercluster is supporting FoodX's development of enhanced digital solutions that will result in safe, cost-effective and sustainable grocery services being available to all Canadians," said
"We are very excited to grow our partnership with the Supercluster to address an issue as important as food security with new thinking and new technologies," said Freshlocal's Chief Executive Officer,
About Digital Technology Supercluster
Ahead of the curve starts here. The Digital Technology Supercluster is building a better
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Notice on Forward Looking Information
Certain statements and information herein, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the Supercluster and the receipt of such funding.
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With respect to forward-looking statements and information contained herein, the Company has made numerous assumptions, including, among other things, assumptions about general business and economic conditions of the Company and the market in which it operates. The foregoing list of assumptions is not exhaustive. Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These factors include, but are not limited to: risks associated with the business of the Company; business and economic conditions in the eGrocery industry generally; the supply and demand for labour and other project inputs; changes in commodity prices; changes in interest and currency exchange rates; risks relating to unanticipated operational difficulties (including failure of technology or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters); changes in general economic conditions or conditions in the financial markets; changes in laws; risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions; the ability to obtain financing as required; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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