Weekly Report
Canada Layoff Report: Feb 2 - Feb 8, 2026
Tracked layoff headcount decreased by 14% from last week, moving from 2,099 to 1,814 people.
Summary
During the week of Feb 2 - Feb 8, 2026, 6 layoff events were recorded across Canada, affecting 1,814 workers at 6 companies. That is down 14% from 2,099 workers tracked the prior week.
By province, Ontario with 989 workers (55%), Nova Scotia with 745 workers (41%), and Canada-wide with 60 workers (3%). 1 other province also recorded layoff activity this week.
By industry, the most affected sectors were Government with 1,228 workers (68%), Finance & Insurance with 500 workers (28%), and Media & Telecom with 60 workers (3%).
Notable companies reporting layoffs this week include Parks Canada (745 workers), CIBC (500 workers), Global Affairs Canada (GAC) (483 workers), Bell Media (60 workers), and Palliser Furniture (20 workers).
Province distribution
| Name | People | Events |
|---|---|---|
| Ontario | 989 | 3 |
| Nova Scotia | 745 | 1 |
| Canada-wide | 60 | 1 |
| Manitoba | 20 | 1 |
City distribution
| Name | People | Events |
|---|---|---|
| Halifax | 745 | 1 |
| Ottawa | 483 | 1 |
| Peterborough | 6 | 1 |
Industry distribution
| Name | People | Events |
|---|---|---|
| Government | 1,228 | 2 |
| Finance & Insurance | 500 | 1 |
| Media & Telecom | 60 | 1 |
| Manufacturing | 26 | 2 |
Company distribution
| Name | People | Events |
|---|---|---|
| Parks Canada | 745 | 1 |
| CIBC | 500 | 1 |
| Global Affairs Canada (GAC) | 483 | 1 |
| Bell Media | 60 | 1 |
| Palliser Furniture | 20 | 1 |
| Minute Maid (Coca-Cola Canada) | 6 | 1 |