this post was submitted on 15 Mar 2025
72 points (95.0% liked)

Canada

8930 readers
1476 users here now

What's going on Canada?



Related Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities

Sorted alphabetically by city name.


🏒 SportsHockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer


💻 Schools / Universities

Sorted by province, then by total full-time enrolment.


💵 Finance, Shopping, Sales


🗣️ Politics


🍁 Social / Culture


Rules

  1. Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca


founded 4 years ago
MODERATORS
 

Here's a selection from the article:

In Delta, B.C., furniture company Prepac Manufacturing Ltd. abruptly announced plans last month to shut down one of its factories and terminate 170 employees. ... The company was acquired by Toronto private equity firm TorQuest in 2019, and opened a new manufacturing and warehousing facility in North Carolina in 2021. Prepac plans to centralize its operations in North Carolina, leaving no Canadian footprint. Prepac was founded in Vancouver in 1979.

...

at South Shore Furniture, a Quebec furniture maker. In early February, the company said it was cutting 115 jobs because of tariff threats, noting that 70 per cent of its products were sold in the U.S. and American purchasers have sought out merchandise from Asia because of the trade war.

...

Another steel manufacturer in eastern Ontario – the Canada Metal Processing Group – said on Feb. 24 that it was cutting 140 employees because of the “actions by the United States” that will result in cancellations or delayed orders.

https://www.theglobeandmail.com/business/article-layoffs-take-hold-as-trade-war-intensifies/

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 1 day ago

Sounds like they were already shuttering their Canadian operations before this.