Historic Saskatoon bakery hands ownership to its Ukrainian employees
A Saskatoon staple, Nestor's bakery, which was founded nearly a century ago and has served Ukrainian baked goods on 20th street, will be changing ownership.
The owner of a beloved local bakery says its history runs deep.
Originally founded by two brothers from Ukraine, the bakery once known as Brothers Bakery was renamed Nestor's following a family feud. Over the years, it has changed hands multiple times until today.
Keith Jorgenson, the outgoing owner, reflects on the bakery's legacy.
"We wanted to kind of preserve what we've created here. The bakery performs a unique role in the community. We're a profitable business, but we also give lots and lots of stuff away in the community and raise money for charitable organizations," said Jorgenson.
Jorgenson won’t be the owner much longer, as he has sold the bakery to five of his employees.
Back in 2022, the bakery was in need of staff and found an opportunity to revive its roots by hiring displaced Ukrainian refugees, who will now be taking over the business, returning Nestor’s to Ukrainian ownership.
Oleg Kravesov, one of the future owners said he is excited.
"I'm just 24 years old and by 27 it's a good point to have your own business in Canada. I've been in Canada for about a year and a half, and I'm just a newcomer, and before 27, I'll have my business," said Kravesov.
Some of the staff still have family in Ukraine, fighting in the war with Russia. Their time in Canada has been a formative experience where they have learned about running a business.
Kravesov shared the experience of one of his colleagues,
"One woman has her very own business in Ukraine. She lost it; it’s burnt after a Russian attack. She has great experience. She gives me advice on how I can talk with customers, how I can do my things better," said Kravesov.
Jorgenson says that it's only fitting that the bakery ended up back under Ukrainian ownership. The five new owners will continue operations, selling Ukrainian baked goods to the community.
CTVNews.ca Top Stories
N.S. Progressive Conservatives win second majority government; NDP to form opposition
For the second time in a row, Tim Houston's Progressive Conservatives have won a majority government in Nova Scotia. But this time, the NDP will form the official opposition.
Paul Bernardo denied parole after victims' families plead he be kept behind bars
Notorious killer and rapist Paul Bernardo has been denied parole for a third time after the families of his victims made an emotional plea to the Parole Board of Canada on Tuesday to keep him behind bars.
'We would likely go out of business': Canadian business owners sound the alarm over Trump's tariffs
Business leaders across Canada are voicing concerns and fear over the widespread impact increased tariffs could have on their companies and workers, with some already looking to boost sales in other markets in the event their products become too expensive to sell to American customers.
Israel-Hezbollah ceasefire takes effect
A ceasefire between Israel and Iran-backed group Hezbollah took effect on Wednesday after U.S. President Joe Biden said both sides accepted an agreement brokered by the United States and France.
Longtime member of Edmonton theatre community dies during 'A Christmas Carol' performance
Edmonton's theatre community is in mourning after an actor died during a performance of "A Christmas Carol" at the Citadel Theatre on Sunday.
'We need to address those issues': Alberta Premier Danielle Smith won't denounce Trump tariff threat
Alberta Premier Danielle Smith says Canada should address U.S. president-elect Donald Trump's border concerns in the next two months, before he's back in the White House, instead of comparing our situation to Mexico's and arguing the tariff threats are unjustified.
Loonie tanks after Trump threatens tariffs on Canadian goods
The Canadian dollar fell to its lowest level since May 2020 after Donald Trump threatened to impose tariffs on Canadian goods shipped to the United States once he takes office in January.
Should Canada retaliate if Trump makes good on 25 per cent tariff threat?
After U.S. president-elect Donald Trump threatened to impose a 25 per cent tariff on all Canadian imports on his first day back in the White House unless his border concerns are addressed, there is mixed reaction on whether Canada should retaliate.
'We need to do better': Canadian leaders respond to Trump's border concerns
As U.S. president-elect Donald Trump threatens Canada with major tariffs, sounding alarms over the number of people and drugs illegally crossing into America, Conservative Leader Pierre Poilievre and some premiers say they agree that more could be done.