Canadian media giant Corus Entertainment announces groundbreaking recapitalization strategy, converting substantial debt into shares while securing new financing to navigate evolving broadcast landscape.
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 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.
Wave of layoffs sweeps Canadian job market as Bell, Rogers, Loblaw and other corporate giants cut positions, creating widespread worker anxiety and economic uncertainty.
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.