Cascades Inc. says it is closing two Ontario corrugated packaging plants as part of ongoing efforts to reorganize and optimize its operations. The closures to take place by year-end will affect about 65 workers in Barrie and Peterborough.
Canada received a dose of new jobs last month, maintained sturdy wage growth and saw more people searching for work -- all seen as positives by experts who believe the path is clear for the central bank to raise interest rates next week.
The economy added 15,400 net new jobs last month and the unemployment rate edged down to 5.8 per cent -- but the gains were due to a surge in part-time work that offset a heavy decline in full-time positions.
There was a time when the whole neighbourhood surrounding an east-end Montreal bakery would smell like baking Oreos.
But that era comes to an end this month when snack-maker Mondelez International closes its Montreal factory for good.