Jobs lost as Macquarie Group shuts down equity sales, trading, research in Canada

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Australian financial services firm Macquarie Group is shutting down its equity sales, trading and research businesses across Canada, the company confirmed.

It is understood that the job cuts were in Toronto and Calgary.

The spokesperson said the firm remains "committed' to Canada, and it will continue to provide domestic cash equities execution services and provide access to its global execution platform. The spokesperson added in an email that Macquarie has more than 100 staff working across commodities trading and hedging, corporate finance and advisory, cash equities execution, futures, asset management and equipment leasing in a variety of sectors.

 

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Canada is not a friendly place the do business anymore. The liberal party cares about one thing...your money. They will do anything it takes to get it. Everyday they push globalist climate change when even if we had zero emissions, the temperature wouldn’t change. Vote them out

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