Alberta Health System's New Legal Structure Now in Place
Alberta Premier Danielle Smith confirms the new legal framework for the province's health system is operational. The focus now shifts to delivering tangible results for Albertans.
Category : Search result: AHS restructuring
Saks Considers Bankruptcy as $100M Payment Looms
Luxury retailer Saks Global Enterprises, burdened by debt from its Neiman Marcus deal, is exploring Chapter 11 bankruptcy ahead of a critical $100+ million payment due December 30. Read the full analysis.
Fanshawe College offers voluntary exit to full-time staff
Fanshawe College in London, Ontario, has initiated a voluntary exit program for its full-time employees. Learn about the details and potential impacts on the institution.
Alberta Ends Cancer Bell Ceremonies for Kids
Alberta Health Services quietly halts the celebratory bell-ringing ceremony for pediatric cancer patients finishing treatment. Critics call the move insensitive and nonsensical.
Kraft Heinz CEO Replaced Ahead of 2026 Company Split
Kraft Heinz names former Kellanova CEO Steve Cahillane as its new leader, replacing Carlos Abrams-Rivera effective January 1. The move comes as the food giant prepares to split into two separate public companies in late 2026.
Canacol in Talks for Emergency Loan During Restructuring
Canadian gas producer Canacol Energy is negotiating a short-term loan as it restructures debt under creditor protection. Learn about the company's financial challenges and the potential impact on investors.
Alberta AG seeks $3M+ for health audits, staff pay, tech
Alberta's Auditor General Doug Wylie requests over $3 million in funding for audits of 8 new health bodies, staff wage increases, and replacing 25-year-old software. Read the details.
AHS Appoints Interim CEO as Andre Tremblay Goes on Leave
Alberta Health Services sees another leadership change as interim CEO Andre Tremblay goes on leave. Erin O'Neill steps in as the new interim head. Get the latest details on this provincial healthcare shift.
B.C. health review cuts 1,100 jobs, redirects $60M
A major review of B.C.'s health authorities will eliminate over 1,100 positions and redirect $60 million to front-line services. Learn how this restructuring aims to improve patient care.
Scotiabank Beats Q4 Estimates Despite Restructuring Charge
Scotiabank reported Q4 net income of $2.2B, beating analyst forecasts. Results were boosted by global banking, despite $373M in restructuring costs tied to workforce reductions.
Calgary Street Market Shut Down Due to Pest Infestation
Alberta Health Services has temporarily closed Calgary's Street Market following discovery of pest infestation. Learn about the closure details and health inspection requirements.
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 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.
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.
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.
Alberta drivers can pay parking fines with toy donations
Starting November 20, 2025, Alberta drivers with AHS parking tickets can clear fines through toy donations. This innovative program combines community support with practical solutions.
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.
AHS and AUPE resume talks, strike still possible
Critical negotiations resume between Alberta Health Services and AUPE as 58,000 healthcare workers consider strike action. Get the latest updates on the tense labor dispute.
AHS Suspends Calgary Mobile Grocer Permit
Alberta Health Services has suspended the operating permit for a Calgary mobile grocery service. Learn the details and implications for local food access.
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.
Sturgeon River water advisory lifted in St. Albert
Alberta Health Services has lifted the water advisory for the Sturgeon River after tests confirmed the impacts from a sewage leak have fully dissipated. Read the latest updates.
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.
Health Sciences Union, AHS Return to Bargaining Table
Health care workers' union and Alberta Health Services resume contract negotiations after October rallies. Latest updates on Edmonton health care bargaining.
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.
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