Shopify's AI Lead Positions It for Earnings Upside: Scotia
Scotia analysts upgraded Shopify, citing its early lead in agentic AI commerce as a key earnings driver. The firm's partnership with OpenAI could unlock retail dollars.
Scotia analysts upgraded Shopify, citing its early lead in agentic AI commerce as a key earnings driver. The firm's partnership with OpenAI could unlock retail dollars.
Meta is laying off over 1,000 employees from its Reality Labs division, redirecting resources from the costly metaverse toward AI-powered wearables and mobile features. Get the details on the strategic shift.
Statistics Canada announces a major workforce reduction of 850 positions over two years, including 100 immediate cuts and a 12% reduction of its executive team. Get the full details on the federal agency's restructuring.
Statistics Canada begins cutting 850 positions and 12% of its executives. The union calls it a 'dark time' as over 3,200 workforce adjustment notices are issued. Read the full story.
The prominent Chinese-language newspaper Ming Pao is ceasing its Canadian publishing operations, resulting in 60 layoffs. This marks a significant shift for Canadian media.
Statistics Canada will eliminate 850 positions in the next two years, with 100 cuts starting this week, according to an internal memo. Get the full details on the federal agency's restructuring.
Former employees of the shuttered Ubisoft Halifax studio are searching for clarity following its sudden closure. Get the latest details on the situation and what comes next for the local gaming industry.
Ubisoft abruptly closes its Halifax studio, affecting 71 jobs, just weeks after workers unionized. The company cites cost-cutting, while the union questions the timing.
Scotiabank CEO Scott Thomson confirms 3,000 job cuts as part of a significant restructuring effort. The layoffs targeted areas with limited growth potential.
A federal appeal court has mandated Shopify Inc. to preserve specific data related to a Canada Revenue Agency investigation. This ruling impacts the Ottawa-based e-commerce giant's data retention policies.
The CSN union is pushing for clarity after job cuts at Amazon's Laval fulfillment center. Get the latest details on the union's call for transparency and worker support.
New U.S. jobless benefit applications dropped below 200,000 last week, with layoffs remaining at historically low levels. Explore the latest economic indicators and what they signal for the labour market.
Canada's largest public-sector union accuses the Privy Council Office of hypocrisy for refusing to disclose how many staff received potential layoff notices. Get the full story on the transparency clash.
A union is urging the Ontario government to intervene following layoffs at Conestoga College. Get the latest details on the labour dispute and provincial response.
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.
Biotechnology students at Conestoga College voice fears that recent instructor layoffs threaten their education. Read about the impact on academic programs.
Conestoga College terminates almost 200 full-time support staff just before the holiday break, sparking concern. Get the full details on this major workforce reduction.
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 federal government confirms 400 positions will be eliminated at Natural Resources Canada by 2029. Get the details on the workforce reduction and its implications.
Over 1,200 workers at GM's CAMI plant in Ingersoll face a devastating holiday season as layoffs force tough decisions. Couples at the plant are hit with a 'double' financial blow.
Readers voice concerns over Algoma Steel layoffs, applaud Hazel Mae's Hall of Fame honour, and call for better road etiquette regarding high beams. Read the latest public feedback.
The federal and Ontario governments kept taxpayers in the dark about impending Algoma Steel layoffs when issuing $500M in loan guarantees. This lack of transparency raises serious questions.
The City of Vancouver has cut dozens of positions following its decision to freeze property taxes. This move highlights the financial trade-offs of municipal budget decisions.
The City of Vancouver has terminated 30 employees following a council decision to freeze property taxes. Learn about the budget impacts and municipal workforce changes.
Algoma Steel's CEO reveals both federal and provincial governments were aware of impending layoffs before approving a $500 million taxpayer loan. Details on the Sault Ste. Marie job cuts.
Federal and Ontario governments face scrutiny for a $420 million loan to Algoma Steel, approved despite prior knowledge of impending layoffs. Details on the defense and economic context.
Algoma Steel's CEO reveals federal government was aware of impending job cuts before approving a $400 million loan. Read the full story on the timing and impact of Trump's tariffs.
Prime Minister Mark Carney faces mounting pressure to engage with President Trump as U.S. tariffs devastate Canadian manufacturing, with Algoma Steel's layoffs pushing job losses past 41,000. Read the analysis.
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 CEO Michael Garcia says U.S. tariffs have closed the American market, forcing 1,000 painful layoffs. Get the full story on this major blow to Northern Ontario's economy.