Category : Search result: Scotiabank layoffs

Ottawa, Ontario defend $420M Algoma Steel loan despite known layoff plans

Governments defend Algoma Steel loan after layoffs

Federal and Ontario governments face scrutiny for a $420 million loan to Algoma Steel, approved despite prior knowledge of impending layoffs. Details on the defense and economic context.

Raptors Face Lakers in Toronto: Doncic vs. Home Streak Test

Raptors' 8-game home streak tested by Lakers, Doncic

The Toronto Raptors put their eight-game home win streak on the line against LeBron James, Luka Doncic, and the visiting Los Angeles Lakers in a marquee NBA showdown. Get the full preview and key matchups.

B.C. Pulp Mill Closure to Leave 350 Workers Jobless, Company Confirms

B.C. pulp mill closure leaves 350 out of work

A British Columbia pulp mill is shutting down, resulting in 350 job losses. The closure highlights ongoing challenges in Canada's forestry and manufacturing sectors.

Algoma Steel CEO Blames Trump Tariffs for 1,000 Layoffs in Northern Ontario

Algoma Steel lays off 1,000, cites U.S. tariffs

Algoma Steel CEO Michael Garcia says U.S. tariffs have closed the American market, forcing 1,000 painful layoffs. Get the full story on this major blow to Northern Ontario's economy.

Scotiabank Q4 Profit Soars to $2.21B, Up from $1.69B a Year Ago

Scotiabank Q4 Profit Jumps to $2.21 Billion

The Bank of Nova Scotia reports a significant rise in quarterly profit, reaching $2.21 billion for Q4 2025. Discover the key financial results and what they signal for Canada's banking sector.

Toys R Us to Close All But One Quebec Store, 68 Jobs Lost

Toys R Us Closing Most Quebec Stores, 68 Layoffs

Toys R Us Canada is shutting down three Quebec stores in January, leaving only one location in the province. The closures will result in 68 layoffs. Learn about the retail shift.

Algoma Steel Issues 1,000 Layoff Notices in Northern Ontario

Algoma Steel to Lay Off 1,000 Workers

Algoma Steel announces 1,000 layoffs in Sault Ste. Marie, citing difficult market conditions and trade pressures. Read about the impact and federal support.

Shopify Cuts Staff to Maintain 'Fast, Sharp and Focused' Team Approach

Shopify lays off staff to keep team focused

Canadian e-commerce giant Shopify implements workforce reductions to maintain operational efficiency despite strong financial performance and revenue growth of 26%.

Apple Cuts Dozens of Sales Jobs in Rare Layoff Move

Apple Cuts Sales Jobs in Rare Layoff

Apple Inc. has eliminated dozens of sales roles in a rare organizational layoff, streamlining its approach to business, education, and government clients.

Bell Canada Cuts Nearly 700 Jobs in Latest Restructuring Move

Bell Canada Slashes Nearly 700 Management Jobs

Bell Canada parent company BCE Inc. eliminates nearly 700 positions in a 'difficult but necessary decision' to align with its strategic growth plan and cost-saving targets.

Verizon Announces Major Restructuring: Over 13,000 Jobs Cut

Verizon cutting 13,000 jobs in company reorientation

Verizon is eliminating more than 13,000 positions as the telecommunications giant works to reorient its entire business strategy. Get the latest details on this significant workforce reduction.

Scotiabank Fined $34,000 for Excessive Debt Collection Calls

Scotiabank fined $34k for harassing debt calls

Scotiabank will pay nearly $34,000 after Consumer Protection B.C. found the bank harassed a client with over 100 collection calls. Learn your rights against debt collection harassment.

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