George Weston Limited is a Canadian holding company with major interests in food retail, pharmacy and real estate. Its principal holdings include Loblaw Companies Limited, Canada’s largest grocery and pharmacy retailer, and Choice Properties Real Estate Investment Trust, a large owner and developer of retail-focused properties. Through these holdings, George Weston is exposed to grocery, pharmacy, consumer staples, private-label products, loyalty programs and Canadian commercial real estate. Its results are driven by Loblaw’s retail performance, Choice Properties’ rental income and development activity, consumer spending, food inflation and Canadian interest rate conditions.