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Tag Archives: losses

Canada’s economy adds 14,000 jobs in March after February’s whopping losses

Listen to this article Estimated 2 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Canada’s economy added a modest 14,000 jobs in March, Statistics Canada said on Friday, clawing back …

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Amazon lays off 16,000 corporate workers in latest round of job losses

Listen to this article Estimated 3 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Amazon is slashing about 16,000 corporate jobs in the second round of mass layoffs for the …

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Blue Jays fans in B.C. stay optimistic as team heads into Game 3 of ALCS after back-to-back losses

Thanksgiving Monday wasn’t a great day to be a Toronto Blue Jays fan.  As turkeys roasted in ovens across the country, supporters watched as Canada’s only Major League Baseball franchise was baked, boiled, stuffed and mashed, losing to the Seattle Mariners 10-3 in Game 2 of the American League Championship …

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Trump’s court losses are piling up. Here’s why that’s not slowing him down

U.S. President Donald Trump has suffered a string of courtroom losses in recent days as he and his administration continue to test the legal limits of presidential powers. Despite suffering six legal setbacks in less than a week, the administration is forging ahead with its agenda, in large part because …

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68,000 job losses possible in Ontario this year due to U.S. trade war: report

U.S. tariffs and Canada’s response could result in 68,100 fewer jobs in Ontario this year, a new report estimates.  This figure may increase to 119,200 jobs in 2026 and 137,900 jobs in 2029, according to the report by the Financial Accountability Office of Ontario (FAO), released Wednesday.  The FAO provides …

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Losses in China lead to $5B charge for General Motors as it cuts the value of its assets

The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totalling more than $5 billion USD in the fourth quarter of this year. The Detroit automaker said in a regulatory filing Wednesday that it will cut the value …

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WestJet passengers affected by strike seek to recoup losses

WestJet planes are back in the air, and schedules are returning to normal, after the aircraft engineer strike cancelled thousands of flights over the busy Canada Day long weekend. But passengers who had been scheduled to fly are now trying to recoup some of the out-of-pocket costs incurred because of …

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Via Rail paid $11 million in bonuses amid travel delays and losses

Via Rail handed out millions of dollars in bonuses to executives and employees, amid frequent travel delays, ongoing financial troubles, and increased government subsidies, newly released documents show. A report this month from the Crown Corporation found 40 per cent of its trains were late in 2023, while its operating …

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ANALYSIS: Jets playing the right way, but the little stuff contributes to losses – Winnipeg

“You need to play with emotion, you need to play with passion.” Those were the words of Winnipeg Jets coach Rick Bowness after Thursday night’s game with the Edmonton Oilers. And for the most part, this version of the Jets has played the whole season with emotion and passion. They …

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