Quarterly Report
Canada Layoff Quarterly Report: Q1 2026
Tracked layoff headcount increased by 75% from last quarter, moving from 19,930 to 34,916 people.
People laid off
34,916
+14,986 vs last quarter
Events
133
+69 vs last quarter
Companies
122
+61 vs last quarter
Quarter-over-quarter
+75%
+75% vs last quarter
Summary
During Q1 2026, LayoffsCanada tracked 133 layoff events across 122 companies, affecting 34,916 workers. The largest provincial concentration was Canada-wide. The leading industry was Government. The largest company-level impact was reported by Toronto-Dominion Bank (TD).
Province distribution
| Name | People | Events |
|---|---|---|
| Canada-wide | 20,830 | 43 |
| Ontario | 8,123 | 43 |
| British Columbia | 2,657 | 13 |
| Nova Scotia | 2,097 | 9 |
| Quebec | 879 | 12 |
| Alberta | 170 | 3 |
| Saskatchewan | 83 | 3 |
| Manitoba | 51 | 4 |
City distribution
| Name | People | Events |
|---|---|---|
| Ottawa | 3,640 | 13 |
| Toronto | 3,092 | 6 |
| Ingersoll | 1,500 | 1 |
| Sault Ste. Marie | 1,000 | 1 |
| Waterloo | 880 | 1 |
| Halifax | 816 | 3 |
| Kitchener | 756 | 2 |
| Montreal | 755 | 9 |
Industry distribution
| Name | People | Events |
|---|---|---|
| Government | 18,412 | 44 |
| Finance & Insurance | 4,840 | 7 |
| Manufacturing | 2,830 | 10 |
| Media & Telecom | 2,560 | 4 |
| Education | 2,554 | 29 |
| Technology | 1,055 | 8 |
| Other | 1,000 | 3 |
| Healthcare | 472 | 9 |
Company distribution
| Name | People | Events |
|---|---|---|
| Toronto-Dominion Bank (TD) | 3,000 | 1 |
| Government of British Columbia | 2,000 | 1 |
| Canadian Food Inspection Agency | 1,958 | 2 |
| Government of Canada | 1,775 | 1 |
| BCE Inc. | 1,700 | 1 |
| General Motors | 1,500 | 1 |
| Health Canada | 1,092 | 1 |
| Nova Scotia Government | 1,013 | 3 |