Canada · 2024–2026
Canadian Layoff Tracker
Aggregating layoffs across Canada from employment standards filings, government notices, SEDAR+ corporate disclosures, union announcements, and verified media reporting
Last updated: June 3, 2026
People Laid Off
Companies
Industries Affected
Canadian Layoff Trends
This tracker currently covers layoff events from 292 companies, affecting more than 105,089 workers across Canada. Data is sourced from government labour adjustment notices, SEDAR filings, union statements, and verified media reporting.
The technology, financial services, and retail sectors have historically accounted for the largest share of reported layoffs — a pattern consistent with broader North American economic cycles. Ontario and British Columbia, home to the greatest concentration of corporate headquarters, tend to represent the largest share of national layoff volumes.
Hudson's Bay laid off 41 staff as it continues to unwind operations one year after filing for creditor protection on March 7, 2025. The retailer closed all 80 of its stores by June 2025 due to $1.1 billion in insurmountable debt, with 73 of the 96 vacated HBC and Saks properties remaining unopened as of March 2026.
Lightspeed Commerce has significantly reduced headcount in its customer support team after AI resolved over 80 percent of inbound chat interactions. The company boosted overall gross margins through this AI-driven workforce reduction.
Stellantis laid off approximately 20 salaried, non-union employees at its Brampton assembly plant on March 6, 2026, for a 55-week period. The layoffs follow the company's decision to move Jeep Compass production from Brampton to Belvidere, Illinois due to U.S. tariffs on Canadian autos.
BCE Inc. cut 1700 net jobs in 2025, reducing its workforce from 40,390 to 38,683 employees, marking the second consecutive year of major losses. The layoffs, attributed to industry contraction, cost-cutting measures, and technology upgrades, included 650 management positions and 40 Bell Media employees.
Loopio is reportedly cutting 30 positions in March 2026 as part of a restructuring effort. The specific details regarding affected provinces, cities, and percentage of workforce are not available from the title alone.
The Royal Canadian Mounted Police will cut 76 positions at its national headquarters in Ottawa as the national police force looks to find billions of dollars in savings in its budget.
George Brown Polytechnic triggered a mass termination process for 51 employees (22 hourly and 29 salaried) due to a 29% decline in full-time enrolment and financial pressures from federal international student caps and stagnant provincial funding. The layoffs represent cuts across all departments following the suspension of several hospitality and culinary arts programs at the St. James campus.
Meanwhile, at Vancouver Community College, the administration says that 70 regular faculty member will be losing their jobs.
Trinity Western University is laying off approximately 75 staff members due to federal restrictions on international student study permits, which have reduced enrolment and created financial pressures. The cuts are part of cost-saving measures implemented across the Canadian post-secondary landscape following a 7% reduction in maximum international student permits for 2026.
As luxury online retailer Ssense battles for survival, the Montreal-based fashion company reported layoffs at their Chabanel St. and St-Laurent locations to the Quebec government last month, bringing the total number of layoffs to 215 since the company filed for bankruptcy protection in August. Ssense also reported 20 layoffs in February 2025 and 72 layoffs in May, bringing the total count to 307 in the last year.
Kwantlen Polytechnic University is laying off unionized staff and cutting costs due to a sharp drop in international student enrolment, aiming to save $5 million—about 40–45 full-time positions—through staff reductions, frozen overtime, and unfilled vacancies.
Vendasta has confirmed layoffs at its Saskatoon office, cutting 20 employees, roughly 3% of its workforce. Most affected roles were in content creation. The company attributed the reductions to shifts in the software market driven by artificial intelligence.
Saskatchewan Polytechnic says a perpetual threat of layoffs and program cuts is starting to wear down faculty. The school recently eliminated 23 full-time and part-time jobs and is suspending its health information management program for the 2026–27 school year. According to Sask. Polytechnic, the moves are the result of "a financial shortfall resulting from federal immigration policy changes" and are needed "to support long-term program sustainability."
Conestoga College cut nearly 400 full-time staff positions in March 2026, including 181 faculty members and 197 support staff who either left the college or were forced into part-time roles. This represents one of the largest Ontario college layoffs on record.
Bank of Montreal has reduced its workforce by more than 670 jobs since the third quarter of 2025 — with its Q1 2026 earnings release revealing that it took a $202-million pre-tax severance charge in the quarter.
The Canada Border Services Agency is reducing its workforce by 348 employees and has sent notices of potential layoffs to 708 people, with cuts exclusively affecting national headquarters branches. The job cuts are in response to a 2% budget reduction of approximately $52 million and are part of the federal government's broader effort to reduce its workforce by 16,000 full-time equivalent positions over the next three years.
TD Bank announced a 3% workforce reduction as part of restructuring efforts to boost productivity and minimize real estate investments. The layoffs were announced in December 2025, revised from an earlier 2% reduction proposed in May 2025.
BMO announced workforce reductions of 600+ jobs as part of efforts to improve operational efficiencies. The layoffs affect the Canadian financial services sector.
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