Carney, Ford set to announce support for workers amid trade war, layoffs | LIVE
By Global News
Prime Minister Mark Carney will be with Ontario Premier Doug Ford in Ottawa on Wednesday to announce support for tariff-hit industries and workers across Canada. Carney will begin his day with a meeting of the Liberal caucus and then with Ford, the prime minister's office said. Following the meeting with Ford, the two…
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Explained in this story
Layoffs
The dismissal of employees by a company, usually for business reasons such as cost cutting rather than performance.
Large layoffs signal trouble in a company or industry and affect local economies.
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