Bourgault Industries issues layoff notices

ST. BRIEUX — St. Brieux’s Bourgault Industries has issued layoff notices to seven per cent of its workforce.

In a release, the company said the layoffs will take effect in approximately eight weeks.

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The company is saying demand for the farm equipment it makes is down because droughts all over the world have decreased crop yields, lentil prices are 50 per cent lower because of Indian tariffs, and canola and durum prices are down. US steel tariffs have increased the cost of the equipment the company makes.

We’ll update as we learn more details.

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