Underground Operations (legally registered as Underground Operations Limited) was an independent Canadian record label. Though Mark Spicoluk had been a partner in the earlier company Underground Monkey Operations since 1995, Underground Operations itself was founded by Spicoluk in 2002. Originally based in Ajax, Ontario, the company eventually relocated to Toronto, Ontario. The record label specialized in punk, hardcore, metalcore and post-hardcore bands and artists. After considerable success, Underground Operations closed down on December 2nd 2016.