Celestica Inc. announced that it will cut up to 6,000 employees from its workforce of 40,000 due to continued sagging sales worldwide. The Toronto-based electronics manufacturer blames lack of demand for its products by computer and telecom equipment-making customers for the cuts.
BCE Inc. has had a lawsuit filed against it by several Canadian banking institutions over loans totalling US$1.25 billion to subsidiary Teleglobe Inc. In the suit, filed last Friday in the Ontario Superior Court of Justice, 19 lenders are seeking US$1.19 billion in damages.
CGI Group Inc., has been awarded a $12 million contract to provide IT services for the Human Resources and Employment Ministry of the Alberta government.
CGI Group Inc., has been awarded a $12 million contract to provide IT services for the Human Resources and Employment Ministry of the Alberta government.
CANARIE, Inc., operator of a national broadband network, has announced it will purchase Juniper Networks Inc. M-series Internet routers to incorporate into its national research and innovation network, a decision based on the manufacturer
The University of Guelph is the first Canadian post-secondary institution to begin installation of a single Internet Protocol (IP) network for both students and faculty across its entire campus.