Coat manufacturer Canada Goose has agreed protocol, Monday that in three months it will close its Boisbriand plant at the entrance to the Lower Laurentians and that 180 workers risk losing their jobs in this major restructuring.
“Canada Goose can confirm that 180 is the estimated number of layoffs filed with the Department of Labor. However, we are currently working on developing our plans with the aim of transferring the largest possible number of employees from Boisbriand to Chabanel,” we told the Journal on Monday afternoon.
Basically, Canada Goose indicates that its lease expires next July and that it will take the opportunity to consolidate its activities in Boisbriand in its premises in rue Chabanel.
“The historic Chabanel clothing district is a perfect fit for Montreal’s fabricators and has many benefits including access to public transportation, talent and opportunities for future expansion in the region,” it continued.
“We remain deeply committed to our business in Canada and will continue to manufacture our products locally in Quebec and across the country,” the company said.
In 2019, Canada Goose entrusted to the media the official opening of its factory in the heart of the Chabanel district, which employed more than 80,000 workers in the 1980s.
The company then hoped to hire 650 people in addition to Boisbriand’s 500.
“It’s more expensive to make our coats in Canada. But we don’t want to go anywhere else. We want to be authentic,” said Dani Reiss, CEO of Canada Goose.
Last year, La Presse pointed out that about 15% of Canada Goose winter and spring 2022 and 2023 apparel will be made in Quebec.
$3 billion in sales
Last February, The Canadian Press reported that Canada Goose is targeting sales of $3 billion within five years.
Canada Goose was founded in Toronto in 1957. The company employs over 4,000 people.
In a year, the stock market is down nearly 25% to settle at $25.23.
The company is worth $2.64 billion on the stock exchange.
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