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.
Category : Search result: business restructuring
Canada Scales Back Greenwashing Rules
Federal government reduces greenwashing regulations scope, though specific changes remain unclear. Business community awaits details on revised environmental marketing rules.
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.
Canada's 2025 Federal Budget: Carney's Influence Revealed
Canada's 2025 federal budget reveals sweeping economic reforms with Mark Carney's influence evident. Discover how businesses are reacting to new fiscal policies and what it means for the Canadian economy.
Cadillac Fairview CEO's Bold Plan to Transform Shopping Malls
Exclusive interview with Salvatore Iacono unveils how Canada's retail giant is reimagining shopping centers as mixed-use destinations with residential towers, offices, and experiential spaces.
REAL CEO Tim Reid Steps Down for Personal Reasons
Regina's REAL District announces sudden departure of CEO Tim Reid for personal reasons, sparking leadership transition at Saskatchewan's premier entertainment venue.
Quebecor Q3 Profit Hits $236.1M, Up 28%
Quebecor Inc. reports impressive third-quarter financial results with profits climbing to $236.1 million, driven by strong performance across telecommunications and media divisions. Discover how Pierre Karl Péladeau's strategic vision is paying off.
REAL CEO Rick Bennett Departs Regina Credit Union
Rick Bennett has departed as CEO of REAL, Regina's prominent credit union, amid organizational restructuring. The sudden leadership change comes as the financial institution navigates new strategic directions.
REAL CEO Rick Bennet Departs Organization
Rick Bennet has departed as CEO of Regina's REAL District, marking a significant leadership change for Saskatchewan's premier entertainment and sports venue. The sudden exit comes amid ongoing organizational restructuring.
Bombardier Eyes Defence Sector Mergers
Canadian aerospace giant Bombardier explores potential defence industry mergers and acquisitions to strengthen its position in the lucrative government contracts market.
Will Ottawa's Budget Actually Spur Business Investment?
The federal government's latest budget promises billions to spur business investment, but economists and industry leaders question whether the measures will deliver real results or fall short of expectations.
Canada Goose Q2 Loss Despite Revenue Growth
Canadian luxury outerwear giant Canada Goose reports surprising second-quarter loss despite 1% revenue increase to $281.1 million, as the company navigates wholesale challenges and invests in future growth strategies.
Calgary businesses face mounting cost and trade pressures
New data reveals Calgary's business community continues to struggle with rising operational costs and trade pressures, creating significant hurdles for local economic recovery.
Bombardier Soars Past Q1 Revenue Expectations
Canadian aerospace giant Bombardier delivers impressive Q1 2024 results, exceeding revenue forecasts through increased service revenue and business jet deliveries.
Parker Wins Partners with Jacket Racket for Calgary Kids
Calgary business leader Parker Wins joins forces with Jacket Racket in a heartwarming initiative providing winter clothing to underprivileged children across the city.
Nutrien Tops Profit Estimates, Reviews Phosphate Business
Canadian fertilizer giant Nutrien delivers stronger-than-expected quarterly earnings while initiating a comprehensive review of its phosphate operations to optimize portfolio performance.
Winnipeg's Clementine Cafe Sells Everything Before Closing
After six memorable years, Winnipeg's beloved Clementine cafe is auctioning off all furniture and equipment in a bittersweet final chapter. Discover why this culinary gem is closing its doors forever.
Canadian distributor sues Genius Home Products over unpaid dues
A Canadian distributor is taking Genius Home Products to court, claiming the company owes over $1.2 million in unpaid commissions and expenses in a brewing international business dispute.
Bombardier Quarterly Revenue Jumps 11% on Strong Demand
Canadian aerospace giant Bombardier reports strong Q1 2024 results with 11% revenue growth, boosted by increased service revenue and aircraft deliveries despite supply chain challenges.
Dimon's Surprising Trump Comments Shake Business World
JPMorgan Chase CEO Jamie Dimon makes headlines with unexpected comments about Donald Trump's economic policies and calls for business leaders to engage more respectfully with conservative voters.
Quebec Backs Federal Budget: Champagne Says It Speaks to Province
Federal Innovation Minister François-Philippe Champagne declares the 2024 budget addresses Quebec's economic priorities, highlighting investments in housing, AI, and research that benefit Montreal's innovation ecosystem.
Toronto Restaurants Hit Jackpot During World Series
The Toronto Blue Jays' World Series run delivered a massive economic boost to local businesses near Rogers Centre, with restaurants and bars reporting record-breaking sales during home games.
Atlantic Restaurants Feel Snubbed by Federal Budget
Atlantic Canadian restaurant owners and small business operators express deep disappointment as federal budget overlooks sector-specific support, calling it a 'devastating blow' to pandemic-recovering businesses.
Wasaga Beach Businesses Accuse Town of Targeting Them
Wasaga Beach entrepreneurs claim municipal officials are systematically targeting local businesses with excessive enforcement and unreasonable demands, creating a hostile environment for commerce in the popular Ontario destination.
Richmond Row Transformation: Historic Building Demolished
A 70-year-old landmark on London's premier shopping street is being demolished, paving the way for new commercial spaces that will reshape the city's urban landscape and business district.
Business Reacts to Canada's 2024 Federal Budget
Industry experts and business associations weigh in on Canada's latest federal budget, highlighting concerns about capital gains changes and spending while acknowledging some positive measures for housing and innovation.
Indigenous CEO Seeks Private Capital After $2.3B Cuts
Prominent Indigenous entrepreneur calls for urgent private sector investment following massive federal funding cuts that threaten to reverse years of economic advancement for First Nations communities.
Canadian Executives Divided Over Budget 2025 Impact
New survey reveals Canadian business leaders are deeply divided over the federal government's Budget 2025, with opinions split on competitiveness, investment climate, and economic direction.
Bank of Canada Job Cuts Under Carney Revealed
Exclusive look at how Mark Carney's Bank of Canada implemented major workforce reductions while managing economic stability. Discover the untold story behind the central bank's restructuring during a critical economic period.
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