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.
Category : Search result: financial losses
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.
200 Conestoga College employees lose jobs before holidays
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.
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.
Shadow Banking Assets Hit Record $250 Trillion
Global shadow banking assets exceed $250 trillion for the first time, now representing 51% of all financial assets. Regulators warn of data gaps and systemic risks.
Young Canadians Face Financial Future Challenges
A new report highlights how soaring living costs are delaying traditional life milestones for young Canadians like Taylor Arnt, 27, of Winnipeg. Explore the financial pressures reshaping a generation.
Guelph senior loses thousands in bank card fraud
A Guelph senior was defrauded after a suspect took their bank cards and spent thousands. Police are investigating the incident, highlighting risks to vulnerable residents.
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.
Crown Royal bottling plant workers ratify closure deal
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 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 Lays Off 1,000, Blames Trump Tariffs
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 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.'
Ontario universities struggle with international student cap
Ontario universities confront significant revenue losses following federal cap on international students. Learn how this policy impacts higher education funding across Canada.
Ontario Universities Struggle with International Student Cap
Ontario universities confront significant revenue losses following federal cap on international students. Learn how this policy impacts higher education funding across Canada.
SEC probing Jefferies over First Brands disclosures
The SEC is investigating Jefferies Financial Group regarding its disclosures about exposure to bankrupt auto-parts supplier First Brands Group. Learn about the probe's details and market impact.
SaskPower projects $165M loss, NDP questions province
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.
Guelph senior loses $15K in bank card scam
Guelph police issue urgent warning after senior loses nearly $15,000 in sophisticated bank card scam. Learn how to protect yourself from financial fraud.
Alberta bill fights false financial information
Alberta introduces legislation to combat false information affecting financial markets. Learn how this protects investors and maintains market integrity in Canada.
Canada Post stamp prices to increase in 2026
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.
Barrie advisor misses hearing after fraud conviction
Barrie-area financial advisor Kevin Douse fails to appear at regulatory hearing following $1.8 million fraud conviction. Learn about the case details and consequences.
SWB Financial Lists on NYSE in $8.1B SPAC Deal
Financial services firm SWB announces landmark $8.1 billion SPAC deal to list on New York Stock Exchange, marking one of 2025's major financial market developments.
Job fears at Horne Smelter amid permit uncertainty
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 Needs Bailout After Union Deal: 'Unusual' Timing
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 Reports $541M Loss in Q3 2025
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 Needs Short-Term Cash to Stay Solvent
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.
Fairfax's $4B Big Short on 2008 Financial Crisis
Discover how Prem Watsa's Fairfax Financial foresaw the 2008 crisis and turned a defensive bet into a $4 billion windfall through conviction and patience.
Canada's hidden disaster costs hit $9.2B yearly
New report exposes Canada's $9.2B annual hidden disaster costs, warning unsustainable growth threatens national construction budget. Learn how climate impacts your future.
Barrie Police Expose Urgent Scam Warning Signs
Barrie Police highlight critical scam red flags and prevention strategies. Learn how to protect yourself from financial fraud by recognizing urgency tactics used by criminals.
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