The property business gearing was 26% at the end of July 2024, well below the 60% covenant. The trust’s interest cover ratio was 1.9 times at the end of January 2024, versus a covenant of 1.5 times.
The battle lines have been drawn in a growing feud between Amazon and its Quebec workers as the union readies a lawsuit over the company's province-wide facility closures.
It is the fifth wave of layoffs across the nation’s supply chain industry since early October, with a total of 16,919 workers losing their jobs, according to firms filing Worker Adjustment and ...