Category : Search result: business losses


N.B. Auto Parts Store Loses $20K in Break-In

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.

B.C. flood insured loss tally still weeks away

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.

U.S. Jobless Rate Hits 4.6%, a Four-Year High

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.

Mastermind Toys to enter franchise business

Mastermind Toys, the beloved Canadian educational toy retailer, is pivoting its business model to launch a franchise system. This strategic shift aims to expand the brand's reach across Canada. Discover what this means for the future of toy shopping.

Major Canadian Banks Beat Q4 Earnings Expectations

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.

Winnipeg may pay small businesses for construction losses

Two Winnipeg city councillors are pushing a motion to consider financial compensation for local small businesses suffering losses due to disruptive road construction projects. Learn about the proposal and its potential impact.

Domtar Crofton pulp mill closure cuts 350 jobs

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.

B.C. pulp mill closure leaves 350 out of work

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 to Lay Off 1,000 Workers

Algoma Steel announces 1,000 layoffs in Sault Ste. Marie, citing difficult market conditions and trade pressures. Read about the impact and federal support.

Diageo Workers Ratify Plant Closure Deal in Amherstburg

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.'

Windsor's Biz X Awards Celebrate 24 Local Winners

Biz X magazine recognized standout Windsor-Essex businesses and people in its 28th annual awards. Discover the 24 winners across diverse categories, from new ventures to community champions.

US companies move to Canada due to policy shifts

American companies including brewing schools and distilleries are relocating to Canada, driven by US policy changes on visas, trade, and regulations. Discover why Canada is becoming attractive.

Quebec invests $2B to support small businesses

Quebec government launches $2 billion investment fund to help small businesses grow and compete. Minister Joly announces major economic stimulus package for local enterprises.

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