Effective July 15, People Skills blonde ale, Golden Hour hazy pale ale, and Local Legend light craft lager will be available for purchase on board, and a 15 percent discount on food and drinks will be offered at Tool Shed’s taproom if a boarding pass is shown within 24 hours of arrival/departure.

“Partnering with Tool Shed Brewing allows WestJet to bring a taste of Calgary to the skies. Their products support local hardworking farmers and businesses, which is something we hope our guests will be happy to get behind,” said Steve McClelland, WestJet’s Vice President of Loyalty and Partnerships. “Together, we are proving that small and large-sized businesses can leverage each other’s strengths to create partnerships that are meaningful to Canadians and bolster local economies.”

Tool Shed beer is made with malted grains from the Canadian prairies, which means the deal goes even further to support local Canadian farmers, so guests can truly feel good about buying Canadian on every flight.

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Under the terms of the agreement, Yum! will sell Pizza Hut (less Mainland China) to LongRange for approximately $1.5 billion. Additionally, Yum! has the opportunity to receive an earn-out of $75 million by 2030. Yum! will sell Pizza Hut China to Yum China for approximately $1.2 billion.

Yum! expects to receive approximately $2.3 billion of net proceeds after taxes, closing adjustments and transaction-contingent fees, excluding the earn-out. Yum! additionally expects to incur one-time expenses of approximately $85 million during the remainder of 2026 to effectuate the separation.

The deal, which follows strategic review of the brand that took place in November 2025, will position Yum! Brands for long-term growth and shareholder value creation while giving Pizza Hut an ownership structure that will support its competitive strengths and long-term priorities in distinct markets.

“These transactions enable Yum! to be a more focused company that continues to leverage scale, technology and talent to accelerate our raising the B.A.R. priorities and deliver sustained value for our stakeholders,” said Chris Turner, Chief Executive Officer, Yum! Brands. “Under LongRange and Yum China, Pizza Hut will be well positioned for future growth with ownership that brings deep expertise in the restaurant industry. Pizza Hut is one of the most iconic restaurant brands in the world, and we are proud of the important role it has played in Yum!’s history. Pizza Hut was built by the passion and dedication of our team members, employees and franchisees, and we’re excited for the next chapter.”

The next chapter includes a continued partnership between Yum! Brands and Yum China. The two have agreed to certain financial incentives that will generate value for both companies’ shareholders related to KFC China’s future system sales growth rates, as well as Taco Bell in the same market.

The transactions have been unanimously approved by Yum!’s Board of Directors, and the expectation is that both transactions will close in the third quarter of the year, subject to closing conditions.

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This will be done with support from Buzz High Performance Computing, a subsidiary of Vancouver-based Hive Digital Technologies Ltd., which will deliver an AI-native cloud layer using Quebec-based Hypertec’s hardware cluster and NVIDIA accelerated computing to support production-grade AI workloads.

Toronto-based Cohere will use the platform to operate its foundation models and support secure enterprise-grade AI solutions for government and business customers. Together, the companies will build the conditions required for critical research and development to be conducted related to AI models using Canadian infrastructure.

“This agreement underscores the role Bell AI Fabric is playing in helping organizations move from experimentation to production on infrastructure that is located, operated and governed in Canada,” said Michel Richer, president of Bell AI Fabric, in a news release.

Bell and Cohere first announced a partnership last July to provide full-stack sovereign AI solutions for government and enterprise customers across Canada, and at the time, the plan was to incorporate Cohere’s agentic AI platform North into Bell AI Fabric, making it available to government and enterprise customers. This enabled customers to create AI agents and devise automation solutions without the need to manage the AI infrastructure themselves. “For enterprises and governments, adopting AI is not just about having access to powerful models. It’s about knowing where those models run, how data is protected and whether the technology can be deployed with the security and reliability their work requires,” said Michael Pelosi, Cohere’s country manager for Canada. “This collaboration gives Cohere another way to support customers in Canada with advanced AI that is built for real use, on infrastructure that reflects Canadian priorities.”

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