4 h. ago Big box stores learning to survive with financial restructuring

Leaving a giant vacant space on the side of a mall or shopping centre is noticeable when a big box store falters. But just because a store missteps, doesn’t mean it’s doomed. Over the years, Canada has seen some big stores go bankrupt like Sears, Eaton’s and Woolworth’s. Nordstrom, Oak + Fort, and more recently […]

Other

3 d. ago Mitel Announces New Board of Directors to Enhance Leadership and Accelerate Momentum in the UC Market

Seasoned leaders from communications, telecom, and software join as Mitel accelerates its hybrid communications strategy OTTAWA, Ontario — Mitel, a global leader in business communications, today announced its new Board of Directors, led by Tony Abate as Chair. Following the company’s successful financial restructuring, the newly appointed board will provide strategic direction as Mitel implements […]

Politics

4 d. ago Private Lenders Pitch Restructuring for Stressed Pallet Company

Private lenders have proposed a potential debt restructuring for 48Forty Solutions, less than a year after Summit Partners acquired a majority stake in the pallet management company, according to people with knowledge of the matter.

Economics

1 week ago New Beer Store locations set to be shuttered, union fears more closures will follow

On Monday, the Beer Store confirmed another 10 of its stores were slated for closure, a response to Ontario's decision to allow corner, grocery and big box stores to sell alcohol.

Other

1 week ago Mitel Emerges from Financial Restructuring, Significantly Reducing Debt and Poised to Drive Hybrid UC Leadership

Completes financial restructuring with improved capital structure, eliminating $1.15B of debt and reducing associated cash interest payments by approximately $135M annually Focused on delivering AI-powered UC & CX solutions to enterprises globally Continues to provide customers with secure, reliable, and flexible hybrid communications OTTAWA, Ontario — Mitel Networks Corporation, (together with certain affiliates, “Mitel” or […]

Politics

4 w. ago Bunker Hill Announces Closing of $31 Million Combined Equity Financings and Debt Settlements Along with its Major Capital Restructuring

KELLOGG, Idaho and VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) — Bunker Hill Mining Corp. (“Bunker Hill” or the “Company”) (TSX-V: BNKR |OTCQB: BHLL) is pleased to announce that it has closed its previously announced brokered private placement (the “Brokered Private Placement”) for aggregate cash consideration of approximately US$6.2 million and debt settlement of […]

Economics

4 w. ago Transat shares leap after restructure of hefty pandemic debt

The debt restructure comes on 'highly favourable terms' for Transat, given the red ink on its balance sheet, say analysts

Economics