80 workers face layoffs as Olymel closes pig farms in Alberta and Saskatchewan
About 80 workers at Olymel pig farms in Alberta and Saskatchewan are facing layoffs, as the company moves to cull six production facilities in the next few months.
“Due to the continued financial losses and uncertainty in the hog and pork markets for the foreseeable future, Olymel has made the difficult decision to reduce its hog production in Western Canada,” a news release from the company said.
Olymel plans to close five sow units in Alberta and one in Saskatchewan, located in Humboldt, bringing its western sow herd down from 57,000 to 40,000 animals.
The company said workers at the Humboldt facility may potentially be offered job placement within its western division, or assistance with “job placement outside the company.”
Olymel says the closure of these six farms will reduce the number of hogs bound for its Red Deer slaughter plant by approximately 200,000.
“However, the impact will not be felt until 2024 at the earliest,” the news release said.
The company says it has experienced significant losses in the last two years because of limited global market access and “stubbornly high” feed costs.
The barns will be closed until market conditions improve, Olymel says.
Olymel has already closed three other facilities in 2023, including two processing plants and one slaughtering facility in Quebec.
Over 1,000 workers received layoff notices in the closures, according to company news releases.
CTVNews.ca Top Stories
BREAKING Average hourly wage in Canada now $34.95: StatCan
Average hourly wages among Canadian employees rose to $34.95 on a year-over-year basis in April, a 4.7 per cent increase, according to a Statistics Canada report released Friday morning.
Magnitude 4.2 earthquake reported off Vancouver Island's west coast
A 4.2-magnitude earthquake was recorded west of Vancouver Island early Friday morning.
This iconic Canadian song is turning 50
Andy Kim's 'Rock Me Gently' is marking a major milestone, as it celebrates its 50th anniversary.
From outer space? Sask. farmers baffled after discovering strange wreckage in field
A family of fifth generation farmers from Ituna, Sask. are trying to find answers after discovering several strange objects lying on their land.
Calgary police to release more details on pro-Palestinian protest
Details on arrests, tickets and charges against a number of pro-Palestinian protesters arrested at the University of Calgary will be released on Friday, police say,
Her SUV was stolen in Montreal. A Good Samaritan on Facebook helped her get it back
Just as she had feared, a restaurant owner from eastern Quebec who visited Montreal had her SUV stolen, but says it was all thanks to the kindness of strangers on the internet — not the police — that she got it back.
Oprah Winfrey: I set an unrealistic standard for dieting
Oprah Winfrey said on Thursday evening that she has long played a role in promoting unhealthy and unrealistic diets.
Ontario family receives massive hospital bill as part of LTC law, refuses to pay
A southwestern Ontario woman has received an $8,400 bill from a hospital in Windsor, Ont., after she refused to put her mother in a nursing home she hated -- and she says she has no intention of paying it.
Toronto police called to Drake's Bridle Path mansion for another alleged intruder on Thursday
Toronto police say a man who allegedly attempted to access Drake’s Bridle Path property was taken to hospital on Thursday after an altercation with security guards.