Category : Search result: Scotiabank restructuring


Target profit falls 19% amid inflation pressures

Target's third-quarter profit tumbles 19% as inflation-squeezed shoppers reduce spending. The retailer expects sales slump to continue through holiday season while investing $5B in store remodels.

Barrick Leadership Overhaul Amid Breakup Talk

Barrick Gold Corp. announces a major management overhaul, with senior executives departing, as activist investor Elliott builds a stake and speculation about a potential breakup grows.

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.

Scotiabank appoints Phil Thomas as new COO

Scotiabank announces major executive restructuring with Phil Thomas taking the COO role. Learn about the leadership changes at Canada's third-largest bank.

Canacol Energy Seeks Court Protection from Creditors

Calgary-based Canacol Energy Ltd. has obtained court protection from creditors as it pursues financial restructuring. The company filed under the Companies' Creditors Arrangement Act on November 18, 2025.

Flames' Honzek injured in shootout loss to Jets

Calgary Flames forward Sam Honzek left Saturday's game early after colliding with teammate Mikael Backlund. Get the latest updates on his injury and three key takeaways from the 4-3 shootout loss against Winnipeg.

MLSE and WWE Form Long-Term Strategic Partnership

Maple Leaf Sports & Entertainment partners with WWE in a groundbreaking multi-year agreement, bringing more wrestling events to Toronto venues. Discover what this means for Canadian sports entertainment.

Baytex Energy sells Eagle Ford operations for $3.25B

Calgary's Baytex Energy is divesting its U.S. Eagle Ford operations in a major $3.25 billion deal, reshaping its North American portfolio. Discover the strategic implications for Canada's energy sector.

Calian Group to Sell Assets After Shareholder Deal

Calian Group announces strategic changes including divesting non-core assets after reaching agreement with key shareholder. Learn how this restructuring will impact Canada's defense and tech sectors.

Bank of Canada Job Cuts Under Carney Revealed

Exclusive look at how Mark Carney's Bank of Canada implemented major workforce reductions while managing economic stability. Discover the untold story behind the central bank's restructuring during a critical economic period.

American Airlines Cuts Management at Texas HQ

American Airlines is eliminating hundreds of management positions at its Fort Worth headquarters as part of a sweeping corporate restructuring plan aimed at streamlining operations and reducing costs.

MGK, Diana Krall Headline Calgary's 2024 Concert Lineup

Get ready Calgary! Music fans are in for an unforgettable year with major acts including Machine Gun Kelly, Diana Krall, and George Thorogood bringing their tours to the city. Discover all the must-see concerts coming to Calgary venues.

Laurentian University Sells Historic Bell Mansion

Laurentian University has successfully completed the sale of the historic Bell Mansion, marking a significant step in the institution's financial recovery journey. The heritage property in Sudbury has been acquired by a local entrepreneur.

Imperial Oil sells Calgary HQ, cuts hundreds of jobs

Imperial Oil Ltd. has struck a deal to sell its massive Calgary headquarters as part of a global restructuring that will eliminate hundreds of positions in the city, marking a significant shift for one of Canada's energy giants.

Canadian Layoffs Mount Across Major Industries

Wave of layoffs sweeps Canadian job market as Bell, Rogers, Loblaw and other corporate giants cut positions, creating widespread worker anxiety and economic uncertainty.

Paramount Cuts 2,000 Jobs After Skydance Merger

In a dramatic restructuring move, Paramount Global reveals plans to eliminate approximately 2,000 positions as the entertainment giant integrates with Skydance Media, signaling major changes in Canada's media landscape.

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