Algoma Steel forecasts significant fourth-quarter losses between $95 million and $105 million, citing the heavy impact of U.S. tariffs. Get the full details on the financial challenges facing this Northern Ontario manufacturer.
A major credit agency warns Alberta needs a long-term auto insurance fix as insurers face losses from the rate cap, risking more departures. Read the latest.
Analysis shows President Trump's 'Liberation Day' tariffs have cost 67,000 manufacturing jobs since April, contradicting his promises. Job growth lags far behind Biden's record.
Nearly 200 full-time employees at Conestoga College have been laid off just before the holidays, sparking criticism. Get the details on this major workforce reduction.
Napa Auto Parts in Petitcodiac, N.B., was burglarized on Nov. 20, 2025, suffering significant losses. Police are investigating the incident that highlights local business security concerns.
The Insurance Bureau of Canada states it will take weeks to calculate total insured losses from the devastating B.C. floods. Get the latest details on the recovery and financial impact.
Conestoga College terminates almost 200 full-time positions just before the holiday break. Get the full details on this significant workforce reduction in Kitchener-Waterloo.
The U.S. unemployment rate rose to 4.6% in November, its highest point since September 2021, as job growth slows and manufacturing sheds positions. Key officials debate the causes.
TD, BMO, and CIBC surpassed analyst forecasts in Q4, driven by capital markets and wealth management. Despite economic uncertainty, credit loss provisions remained manageable. Get the full analysis.
Employees at the Crown Royal whisky bottling facility in southwestern Ontario have approved a closure agreement. Get the details on the deal and its impact.
Domtar is permanently closing its Crofton pulp mill, eliminating 350 jobs weeks before Christmas. The closure, blamed on lack of affordable wood, deals a devastating blow to B.C.'s forestry sector.
A British Columbia pulp mill is shutting down, resulting in 350 job losses. The closure highlights ongoing challenges in Canada's forestry and manufacturing sectors.
Algoma Steel is cutting 40% of its workforce, citing U.S. tariffs and a forced shift to electric arc steelmaking. The layoffs come just two weeks after a major government bailout.
Algoma Steel announces 1,000 layoffs in Sault Ste. Marie, citing difficult market conditions and trade pressures. Read about the impact and federal support.
Workers at the Diageo bottling plant in Amherstburg have ratified a closure agreement after the company decided to move operations to the U.S. The deal includes severance and support, but union calls it a 'hard pill to swallow.'
Ontario universities confront significant revenue losses following federal cap on international students. Learn how this policy impacts higher education funding across Canada.
Ontario universities confront significant revenue losses following federal cap on international students. Learn how this policy impacts higher education funding across Canada.
Saskatchewan's NDP is demanding answers after Crown utility SaskPower projected a $165 million loss. Get the details on the financial concerns and political response.
Canada Post warns stamp price hikes are likely in 2026 as pre-tax losses approach $1 billion. Learn how this affects Canadian mail services and what's driving the financial crisis.
Unions warn of potential job losses at Glencore's Horne smelter in Rouyn-Noranda as operating permit decision looms. Learn about the community impact and economic concerns.
Canada Post requires another financial bailout as it continues losing money, with a labour lawyer questioning the timing of the union deal announcement following massive loss reports.
Canada Post faces staggering $541 million pre-tax loss in third quarter, marking unprecedented financial crisis for national mail service. Learn what's behind the massive deficit.
Canada Post requires emergency short-term financing as strike-related losses mount. The postal service will exhaust its $1 billion government loan three months early.
New report exposes Canada's $9.2B annual hidden disaster costs, warning unsustainable growth threatens national construction budget. Learn how climate impacts your future.
Canada Post CFO declares the crown corporation 'effectively insolvent' as financial losses exceed $1 billion in 2025. Learn about the crisis facing Canada's postal service and its workforce challenges.
Trump's Republican Party faces election losses while insisting no affordability crisis exists. Analysis of political strategy and voter concerns in current economic climate.
A new report reveals federal public service cuts will affect 2.5% of Ottawa's workforce, but economists explain why the city will weather this storm better than 1990s austerity.
Quebecor's TVA Group eliminates 87 television positions in Montreal due to financial challenges. Learn about the media industry restructuring and its impact.
Conestoga College announces significant restructuring with program eliminations and staff reductions following concerning enrollment trends across multiple campuses.
New data reveals most Ontario sports bettors were confident in the Toronto Blue Jays' World Series chances, creating a costly miscalculation for Pro-Line players across the province.