Monthly Report
Canada Layoff Monthly Report: December 2025
Tracked layoff headcount increased by 103% from last month, moving from 2,878 to 5,847 people.
People laid off
5,847
+2,969 vs last month
Events
16
-5 vs last month
Companies
16
-5 vs last month
Month-over-month
+103%
+103% vs last month
Summary
During December 2025, LayoffsCanada tracked 16 layoff events across 16 companies, affecting 5,847 workers. The largest provincial concentration was Canada-wide. The leading industry was Finance & Insurance. The largest company-level impact was reported by Scotiabank (Bank of Nova Scotia).
Province distribution
| Name | People | Events |
|---|---|---|
| Canada-wide | 3,169 | 7 |
| Ontario | 1,488 | 5 |
| Quebec | 700 | 1 |
| British Columbia | 350 | 1 |
| Northwest Territories | 90 | 1 |
| Saskatchewan | 50 | 1 |
City distribution
| Name | People | Events |
|---|---|---|
| Sault Ste. Marie | 1,000 | 1 |
| Montreal | 700 | 1 |
| Crofton | 350 | 1 |
| Hamilton | 267 | 2 |
| Kitchener | 181 | 1 |
| Regina | 50 | 1 |
| North Bay | 40 | 1 |
Industry distribution
| Name | People | Events |
|---|---|---|
| Finance & Insurance | 2,991 | 2 |
| Manufacturing | 1,350 | 2 |
| Government | 928 | 7 |
| Education | 436 | 2 |
| Other | 90 | 1 |
| Healthcare | 40 | 1 |
| Hospitality | 12 | 1 |
Company distribution
| Name | People | Events |
|---|---|---|
| Scotiabank (Bank of Nova Scotia) | 2,291 | 1 |
| Algoma Steel | 1,000 | 1 |
| Laurentian Bank | 700 | 1 |
| Natural Resources Canada | 445 | 1 |
| Domtar | 350 | 1 |
| Mohawk College | 255 | 1 |
| Natural Resources Canada (NRCan) | 200 | 1 |
| Conestoga College | 181 | 1 |