Weekly Report
Canada Layoff Report: Dec 1 - Dec 7, 2025
Tracked layoff headcount increased by 243% from last week, moving from 1,202 to 4,121 people.
Summary
During the week of Dec 1 - Dec 7, 2025, 10 layoff events were recorded across Canada, affecting 4,121 workers at 10 companies. That is up 243% from 1,202 workers tracked the prior week.
By province, Canada-wide with 2,969 workers (72%), Quebec with 700 workers (17%), and British Columbia with 350 workers (8%). 2 other provinces also recorded layoff activity this week.
By industry, the most affected sectors were Finance & Insurance with 2,991 workers (73%), Government with 678 workers (16%), and Manufacturing with 350 workers (8%).
Notable companies reporting layoffs this week include Scotiabank (Bank of Nova Scotia) (2,291 workers), Laurentian Bank (700 workers), Natural Resources Canada (445 workers), Domtar (350 workers), and Privy Council Office (126 workers).
Province distribution
| Name | People | Events |
|---|---|---|
| Canada-wide | 2,969 | 6 |
| Quebec | 700 | 1 |
| British Columbia | 350 | 1 |
| Northwest Territories | 90 | 1 |
| Ontario | 12 | 1 |
City distribution
| Name | People | Events |
|---|---|---|
| Montreal | 700 | 1 |
| Crofton | 350 | 1 |
| Hamilton | 12 | 1 |
Industry distribution
| Name | People | Events |
|---|---|---|
| Finance & Insurance | 2,991 | 2 |
| Government | 678 | 5 |
| Manufacturing | 350 | 1 |
| Other | 90 | 1 |
| Hospitality | 12 | 1 |
Company distribution
| Name | People | Events |
|---|---|---|
| Scotiabank (Bank of Nova Scotia) | 2,291 | 1 |
| Laurentian Bank | 700 | 1 |
| Natural Resources Canada | 445 | 1 |
| Domtar | 350 | 1 |
| Privy Council Office | 126 | 1 |
| Aurora Group of Companies | 90 | 1 |
| Public Health Agency of Canada | 53 | 1 |
| Public Service Commission of Canada (PSC) | 38 | 1 |