‘Tremendous financial uncertainty:’ Another Quebec company announces layoffs

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Posted February 6, 2025 11:02 am

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Prime Minister Justin Trudeau, centre, greets workers arsenic helium tours Sheertex, a pantyhose manufacturing plant, with laminitis Katherine Homuth, connected International Women's Day successful Pointe-Claire, Que., Friday March 8, 2024. THE CANADIAN PRESS/Christinne Muschi

A 2nd Quebec shaper has announced wide layoffs this week amid U.S. President Donald Trump’s menace of tariffs connected Canadian exports.

Montreal-based tights shaper Sheertex (SRTX) laminitis and CEO Katherine Homuth announced connected LinkedIn connected Wednesday that the institution has placed 40 per cent of its 350 employees connected impermanent layoff.

“This determination was not made lightly. With 85 per cent of our income successful the U.S., and tens of millions invested successful our Canadian factory, the impending U.S. tariff changes and delays successful closing the last information of our fundraise person led to tremendous fiscal uncertainty,” Homuth wrote.

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This comes connected the heels of Quebec furnishings manufacturer, South Shore Furniture, announcing it had laid disconnected 115 radical successful the province, besides owed to the menace of U.S. tariffs connected Canadian goods which are now expected to travel into effect successful a month.

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