Goodwill Industries says 16 stores, 10 donation centres and two offices in Ontario are closing effective today due to a cash flow crisis.

In a statement, the organization says 430 employees in Toronto, Mississauga, Brampton, Newmarket, Barrie, Orillia and Brockville are affected by the closures.

“Due to a number of factors affecting the retail environment, Goodwill is facing a cash flow crisis,” Keiko Nakamura, CEO of Goodwill Industries of Toronto, Eastern, Central and Northern Ontario said in the statement.

Nakamura said the organization is facing “a tremendously difficult time,” but called the situation “fluid.”

“Goodwill is exploring a variety of options to continue its decades-long mission,” she said. “Goodwill will be reaching out to the union, stakeholders and all levels of governments to bring clarity as soon as possible.”

Goodwill store workers are represented by the Canadian Airport Workers Union (CAWU).

Speaking with CP24 Sunday evening, CAWU lawyer Dennis Ellickson said workers are hoping the closures are not permanent.

Ellickson said most of the employees have been paid to date. However he said Goodwill has no plan for how to come up with the cash to continue paying workers.