Canada Post reports $541M loss in third quarter
Canada Post faces unprecedented $541 million pre-tax loss in Q3 2025 amid declining mail volumes and rising costs. Learn what's behind the financial crisis.
Category : Search result: business restructuring
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.
Bell Canada cuts 700 jobs in restructuring move
Bell Canada announces nearly 700 job cuts as part of strategic restructuring for sustainable growth. Details on the telecommunications giant's workforce reduction plan.
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.
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 executive reshuffle follows Canadian layoffs
Bank of Nova Scotia announces major executive changes, moving chief risk officer Phil Thomas to chief strategy role weeks after initiating Canadian layoffs.
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.
Laurentian University implements 81% of AG reforms
Laurentian University has implemented or is working on 81% of Auditor General recommendations two years after emerging from CCAA protection. Read about the progress.
Canada returns $623M in rebates to small businesses
The Canadian government is distributing $623 million in rebate payments to small businesses across the country. Learn how this financial relief supports local entrepreneurs and stimulates economic growth.
New Costco Business Centre opens in New Westminster
Costco Wholesale has launched its eighth Canadian Business Centre in New Westminster, BC. The 146,000 sq ft facility creates 290 jobs and offers 3,000+ business-focused products. Discover the new business hub.
Beltline grocer keeps overnight watch after break-ins
Jim Kokos, manager of Kalamata Grocery in Calgary's Beltline, is sleeping in his car to protect his family business after two masked break-ins in one week caused significant losses.
Guelph business charged after Fergus inspection
A Guelph business faces charges following an inspection in Fergus. Learn about the enforcement action and what it means for local business compliance standards.
Prince Albert Students Win Sask. Polytech Business Competition
Northern Saskatchewan high school students impressed judges with innovative business pitches, securing the top award in Saskatchewan Polytech's competitive business case challenge.
TVA Group axes 87 television jobs in Montreal
Quebecor's TVA Group eliminates 87 television positions in Montreal due to financial challenges. Learn about the media industry restructuring and its impact.
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.
CAE posts $110.6M loss, announces major restructuring
Montreal's CAE Inc. reports a $110.6 million quarterly loss and unveils a $100 million restructuring plan focused on streamlining operations and leadership under new CEO.
Canada Scales Back Greenwashing Rules
Federal government reduces greenwashing regulations scope, though specific changes remain unclear. Business community awaits details on revised environmental marketing rules.
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.
Canada Post Submits Overhaul Plan to Government
Canada Post has submitted a comprehensive restructuring plan to the federal government to address financial challenges and modernize postal services across the country.
Canada's 2025 Federal Budget: Carney's Influence Revealed
Canada's 2025 federal budget reveals sweeping economic reforms with Mark Carney's influence evident. Discover how businesses are reacting to new fiscal policies and what it means for the Canadian economy.
Calgary businesses face mounting cost and trade pressures
New data reveals Calgary's business community continues to struggle with rising operational costs and trade pressures, creating significant hurdles for local economic recovery.
Bombardier Soars Past Q1 Revenue Expectations
Canadian aerospace giant Bombardier delivers impressive Q1 2024 results, exceeding revenue forecasts through increased service revenue and business jet deliveries.
Atlantic Restaurants Feel Snubbed by Federal Budget
Atlantic Canadian restaurant owners and small business operators express deep disappointment as federal budget overlooks sector-specific support, calling it a 'devastating blow' to pandemic-recovering businesses.
Wasaga Beach Businesses Accuse Town of Targeting Them
Wasaga Beach entrepreneurs claim municipal officials are systematically targeting local businesses with excessive enforcement and unreasonable demands, creating a hostile environment for commerce in the popular Ontario destination.
Business Reacts to Canada's 2024 Federal Budget
Industry experts and business associations weigh in on Canada's latest federal budget, highlighting concerns about capital gains changes and spending while acknowledging some positive measures for housing and innovation.
Canadian Executives Divided Over Budget 2025 Impact
New survey reveals Canadian business leaders are deeply divided over the federal government's Budget 2025, with opinions split on competitiveness, investment climate, and economic direction.
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.
Bombardier Global 8000: World's Fastest Jet Certified
Canada's aviation giant Bombardier achieves historic milestone as the Global 8000, the world's fastest purpose-built business jet, receives official type certification from Transport Canada, setting new standards in luxury aviation performance.
Chiefs of Staff: The Hidden Force in Corporate Leadership
Discover how chiefs of staff have become the invisible force driving corporate strategy at Fortune 500 companies, wielding unprecedented influence without the public spotlight.
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