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.
Category : Search result: Loblaw restructuring
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.
EQB buys PC Financial from Loblaw for $800 million
EQB Inc., parent of Equitable Bank, acquires PC Financial from Loblaw in an $800-million deal, creating a major new digital banking force. Loblaw takes a minority stake.
EQB to buy PC Financial for about $800M
EQB Inc. has agreed to purchase the PC Financial business from Loblaw Companies Ltd. in a landmark transaction valued at approximately $800 million. The deal reshapes Canada's banking landscape.
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.
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.
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.
Get Up to $50 in Bread Price-Fixing Settlement
Canadian consumers can claim up to $50+ from $500M bread price-fixing settlement. No receipts needed. Deadline: December 12, 2025. Submit your claim now!
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.
Loblaw customers shifting to U.S. items, CEO reports
Loblaw CEO reveals Canadian shoppers are returning to U.S. products as retail landscape evolves. Discover the factors driving this consumer trend and what it means for Canadian retail.
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.
George Weston posts $477M Q3 profit, revenue up 5%
George Weston Ltd. reports strong Q3 2025 results with a $477 million profit and nearly 5% revenue growth. Discover the key drivers behind this performance and what's next for the Canadian retail giant.
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.
Loblaw Q3 Earnings Up 4.6% as Discount Stores Thrive
Loblaw's Q3 revenue climbed to $19.4 billion as its discount banners outperformed conventional stores. Discover how consumer spending shifts are shaping grocery retail in Canada.
Loblaw Q3 profit and revenue up year-over-year
Loblaw Companies Ltd. reports increased Q3 profit and revenue, demonstrating resilience in Canada's competitive grocery and drugstore retail sector. Learn how the retail giant is navigating economic pressures.
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.
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.
Loblaw Launches PC OGO Grocery Pilot in Toronto
Loblaw revolutionizes grocery shopping with PC OGO pilot program at select Toronto No Frills stores, merging digital ordering with in-store pickup for PC Optimum members.
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