Job Losses
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Losing 84K jobs in February marks ‘gut punch’ for Canada’s economy: expertsThose job losses were sharply lower than expected and the agency said more than 100,000 jobs were lost in full-time work, while private sector employment fell by 73,000 positions.Canada5 hours
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Unemployment ‘little changed’ in May with slight rise to 7%: StatCanCanada's job market held relatively steady in May, according to Statistics Canada, as the unemployment rate ticked up slightly to 7.0 per cent.EconomyJun 6, 2025
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Is Canada heading for recession? One economist says it may lack ‘severity’A TD economist says Canada is heading into a recession, including job losses, as U.S. President Donald Trump's tariff policies impact businesses, but the severity is uncertain.CanadaMay 21, 2025
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Lethbridge bucks the trend, gains ground amid national job lossesAs Canada suffered 33,000 job losses in March, Lethbridge managed to fill 400 new positions despite seeing the unemployment rate rise slightly.EconomyApr 4, 2025
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Big sales — and big layoffs. What’s roiling the video game industry?The video game industry had one of its best years, setting sales records, but also one of its worst as studios fired thousands of employees. What's behind the turmoil?EconomyFeb 21, 2024
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StatsCan numbers reports over 5,000 job losses for SaskatchewanSaskatchewan NDP MLA Aleana Young spoke of how the province lost 5,700 jobs in July and "maintains the worst job creation rate in the country."CanadaAug 4, 2023
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Bell Media cuts 1,300 positions, shutters six radio stationsBell Media says the closure of six radio stations and cutting of 1,300 jobs are in response to unfavourable public policy and regulatory conditions that it can no longer outwait.CanadaJun 14, 2023
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When big tech reports job losses, what happens to the people?Shopify is one of many companies announcing mass layoffs in recent months; at the beginning of November Meta announced it would be cutting 11,000 jobs.TechNov 14, 2022
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Laid off? Cut spending, take advantage of severance and apply for EI, say expertsA financial educator and host of the More Money podcast said the worst thing you can do for your finances after losing your job is avoid them.CanadaSep 8, 2022
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Michele Romanow’s Clearco cuts 60 more employees in latest tech sector layoffsClearco, Michele Romanow's e-commerce investing company, will cut 60 more positions after laying off a quarter of its workforce earlier this summer.TechAug 30, 2022
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