Hudson's Bay files for creditor protection, intends to restructure business | CBC NewsHudson's Bay files for creditor protection to restructure amidst economic challenges.
Lion Electric files for credit protection and aims to focus on electric school bus production - Sustainable BusLion Electric filed for creditor protection with debts over $411 million and is shifting focus to electric school buses amid restructuring efforts.
After major layoffs, Quebec's Lion Electric to enter creditor protection | CBC NewsLion Electric is entering creditor protection amid significant debt challenges and massive layoffs, raising concerns about its viability.
Lion Electric files for credit protection and aims to focus on electric school bus production - Sustainable BusLion Electric filed for creditor protection with debts over $411 million and is shifting focus to electric school buses amid restructuring efforts.
After major layoffs, Quebec's Lion Electric to enter creditor protection | CBC NewsLion Electric is entering creditor protection amid significant debt challenges and massive layoffs, raising concerns about its viability.
Montreal fashion brand Frank and Oak, over $70M in debt, files for creditor protection | CBC NewsFrank and Oak seeks creditor protection again, burdened by $71 million in debt.The brand faces ongoing challenges from COVID-19, slow consumer spending, and competition.Restructuring efforts aim to preserve the business and jobs while seeking an investor.
Canada Jetlines grounds all flights, plans to file for creditor protection | CBC NewsCanada Jetlines is ceasing operations due to financial issues and will file for creditor protection.
SaltWire's money woes a sign of bigger problems in the newspaper business: experts | CBC NewsThe decline in local journalism is accelerating with closures and cutbacks of news operations.SaltWire Network facing financial challenges, with a private equity firm initiating insolvency proceedings.
SaltWire Network files for creditor protection, has $94M in debt | CBC NewsSaltWire Network filed for creditor protection with nearly $100 million in debt.Fiera Private Debt Fund is owed a third of SaltWire's debt, with legal issues including unpaid taxes and pension plan payments.
Ontario court approves sales process for Red Lobster Canada | CBC NewsOntario court approves Red Lobster Canada sales process under creditor protection.