Convenience Central
Join our community
extra content
Chevron station manager Muhammad Zaghum Photo: Ken Born

Parkland ups the ante with foodservice and grocery

Goal is to enhance customer offer

This past September, Parkland Corporation (Parkland) announced it had acquired the license for the exclusive use of the On the Run (OTR) trademark in the majority of U.S. states from Alimentation Couche-Tard. This acquisition signifies a continued drive to expand its North American presence in fuel distribution and convenience retail. The deal gives Parkland a clear path to creating a unified brand in its c-store offering. It will also help drive sales increases at fuel dispensers and car wash sites. 

Photo: Ken Born

Photo: Ken Born

Parkland Corporation is a fully diversified fuel supplier with a refinery to end-user distribution capability that has made it an industry leader with sites that extend from the Arctic to French Guiana in South America. The company sold 22 billion litres of gasoline in 2019 under 19 brands that it either owns outright or holds the right to utilize the name. These include consumer marquees such as Fas Gas Plus, RaceTrac, Pioneer, Ultramar and Chevron. Altogether, at the end of 2019, Parkland was present in 1,863 sites in Canada where the company owns 641 locations with dealers holding the remaining 1220. In the U.S., Parkland operates 58 c-stores and has 297 dealers. When combined with its supply and marketing activities, Parkland’s business spans 27 states. In the Caribbean, Parkland owns 75% of Sol, a company that distributes 4.3 billion litres of fuel to 23 countries at 496 retail sites under brands such as Esso, Shell and Sol.   

Ian White, Parkland

Ian White, Parkland

According to Ian White, Parkland’s SVP strategic marketing and innovation, the U.S. OTR deal is one that helps them develop a ‘super-brand’ across borders and follows up on the 2016 purchase of CST Brands and their Canadian On the Run sites. “We have around 300 On the Run/Marché Express*(*Quebec locations) sites in Canada that are either company-owned or franchised. Our ambition is to have 1,000 sites by developing the dealer network as well as company-owned groups of stores,” he says, mentioning that the current initiative spearheaded by the OTR US acquisition will see changes from the forecourt to c-store. “This will include an increase in scale and assortment of products, greater emphasis on loyalty rewards, and mobile commerce.”

Parkland recently retrofitted 78 existing On the Run/Marché Express locations and constructed 12 flagship sites. To support their 3% to 5% annual organic growth target, Parkland will invest in new locations, new dealer growth, private label, their loyalty program, and enhancing the customer experience through the On The Run roll-out.

According to Parkland president and CEO Bob Espey, through the COVID-19 pandemic, the company has demonstrated its resilience with strong financial and operating performance and robust same-store sales growth across its convenience business. “Our performance during the worst of the downturn will allow the company to revive growth plans that it had paused during the early weeks of the pandemic – including numerous $1 million to $5 million projects, such as adding new gas stations or sites for commercial customers,” he says.

Photo: Ken Born

Photo: Ken Born

The company expects to go live with new store designs and features in 2021. Important is that Parkland will be able to leverage the scale of the OTR c-store offering and port it into the U.S. where they already have about 60 retail outlets attached to fuelling sites.  “Our biggest challenge will be to progress rapidly by meeting customer expectations,” says White, noting that with consumers more willing than ever to try new brands Parkland sees this as an ample opportunity to gain share in the massive U.S. market.

White reports that their recent loyalty program introduction is attractive to customers and helps them create a strong data platform as well as personal relationships that will build the business at both forecourt and c-store. The JOURNIE Reward Program launched last October and by the second quarter (2021) the Canadian national roll-out had been completed. Parkland partnered with banker CIBC to offer connectivity between their customers and CIBC’s credit and debit card clients. As well, Parkland launched a JOURNIE mobile app available for anyone to download on iOS and Android platforms. 

“In addition to enhancing our JOURNIE value proposition, our partnership with CIBC supports our strategy to grow our fuel sales volumes and increase foot traffic in our convenience stores,” says White. He notes that under the CIBC program, clients who use their payment cards receive 0.3 cents off per litre of diesel or gasoline as well as 3X loyalty points that can be used to purchase goods and services. Those without a CIBC card still get 2 points for every dollar spent in c-store and car wash and a point for every litre pumped. 

Parkland’s strategy is to address the needs of the customer at the point of decision. “There are three key customer intercepts for us; customers at the pumps, customers in their cars and customers with mobile devices. We want to offer strong messaging and value equation at the point of sale to enhance the overall experience our customers enjoy each time they drop by a location.”

Foodservice is another key feature of Parkland’s customer-focused retail strategy and OTR initiative. Many of Parkland’s fuel sites feature quality restaurant offerings, which gives customers greater choice, flexibility and convenience. 

Screen Shot 2020-02-25 at 10.04.23 AMLast February Parkland announced an enhanced relationship with Triple O’s, a BC-based restaurant chain operated by White Spot Hospitality that is both well known and appreciated by its patrons.  

“Our goal was to further strengthen our offer in foodservice,” says White. He reports that the Triple O’s partnership will create opportunities in all dayparts and help make Parkland locations destinations for more than just fuel or a car wash. Triple O’s and Parkland started working together in the BC market at first and then branched into Alberta and into Ontario where they are currently launching test sites. “We will look at the U.S. market for Triple O’s and will decide once we complete our assessment.”

Another important part of Parkland’s initiative is the launch of its private-label brands. In 2017, Parkland launched 59th Street Food Company, a private label entry that now offers close to 50 products in its assortment.   

Altogether, Parkland is creating a stronger value equation for its customers, greater definition for its sites thanks to unique offerings, and convenience. In Canada a Parkland brand is only 15 minutes from most homes, making it one of the country’s leaders among both c-store and fuel retail. 

The pandemic may have permanently altered some consumers’ shopping habits in favour of smaller locations, he said. “In our formats, it’s easy to access. You can see into the site from the outside and you can see the number of people. If somebody needs to run in quickly and grab something, they feel much safer doing that than potentially going into a larger-format retail site,” says Espey.

White concurs, echoing that COVID-19 has indeed had an impact on how consumers approach retail. Having a convenience retailer that is close to home, stocked with value-laden products that meet consumer demands and offer the quality customers expect is all part of the plan.

Originally published in the November/December issue of OCTANE. 


FCL announces partnership with Indigenous groups to develop Western Nations Gas Bars

Western_Nations_logo2.jpegFederated Co-operatives Limited (FCL), in consultation with Indigenous leaders and communities across Western Canada, has developed a new, exclusive Western Nations gas bar brand.

FCL aims to grow this initiative into a network of independent, locally-owned Indigenous gas bars using he Western Nations brand. The brand and supporting gas bar program are unique in their focus on re-investing in the Indigenous communities where Western Nations gas bars are based.

Federated Co-op will supply and support independent gas bars in Indigenous communities across the West and manage the Western Nations brand. Communities will maintain ownership of their locations and make their own decisions. The Western Nations brand can be applied to existing locations or new construction.

Brian_Humphries_FCL“We know the energy sector is changing in Western Canada. With that, we see an opportunity to build a brand with Indigenous partners for the collective benefit of our people and communities,” says Brian Humphreys, FCL’s VP of energy

According to Humphreys, developing a Western Nations gas bar means creating jobs and economic spin-offs for communities, partnering with a trusted brand and supplier, and securing access to numerous supports, including the unique Community Building Assistance Program.

“Community support is an important value of local Co-ops across Western Canada and a critical component of Western Nations. Co-op will provide funding to participating Indigenous communities and those communities will direct the money toward community infrastructure, programming and events,” said Humphreys. 

Federated Co-operatives Limited (FCL), based in Saskatoon, is the largest non-financial co-operative in Canada. FCL’s total workforce stands about 25,000 employees who serve 1.9 million active individual members and many more non-member customers at 1,500 locations in more than 580 communities.


Ontario hikes ethanol content

Screen Shot 2020-11-30 at 12.23.43 PMThe province of Ontario has announced it will increase the requirements for ethanol in gasoline. Currently, ethanol content must be 10%. By 2030 fuel retailers will have to offer blended gasoline with an ethanol content of 15%.

The move will be gradual. The province is mandating changes starting in 2025 when ethanol content moves up to 11% from 10%. By 2028 ethanol content must by 13% with the final target of 15% reached by 2030.

The changes will impact greenhouse gas emissions. Ontario projects that the new regulation will amount to having 300,000 cars taken off the roads.

Ontario farmers are positive about the change that will see more corn planted and more demand for their crop. The new E15 ethanol blend will see farms up their acreage from the current three million tonnes that are grown now to produce E10 blended fuels.

Ontario is the first province to go this far with an ethanol program.

“We know about one-third of all greenhouse gas emissions in the province come from transportation, which is why increasing the amount of renewable content in gasoline is such an important step towards fighting climate change and driving down emissions,” said Ontario Environment Minister Jeff Yurek.

Electric Vehicle Charging Sign Lg_112917

Quebec to ban sale of gas powered cars by 2035

Quebec will ban the sale of new, gasoline-powered cars and SUVs by the year 2035 as part of a $6.7-billion plan to reduce greenhouse gas emissions, Premier Francois Legault announced Monday.

Legault said the new policy will help the province meet its pledge to reduce emissions by 37.5% over 1990 levels by 2030. But the premier admitted that the new measures will only move Quebec 42% of the way to its goal. He said he hopes technological advances and added investment from Ottawa will help close the gap.

“We have a duty to the next generations,” Legault told a news conference alongside Environment Minister Benoit Charette. “As I said when I was getting sworn in as premier, I could not look my two sons in the eye if I didn’t make efforts to meet this enormous challenge that all of us on the planet have.”

Legault’s $6.7-billion plan —to be spread over five years —depends heavily on the province’s hydroelectric resources powering large swaths of the economy. More than half the funding announced Monday —about $3.6 billion —will be invested in the transportation sector, for such things as subsidies to encourage individuals and businesses to purchase electric cars, trains and taxis.

Legault dismissed criticism that electric vehicles are costly, have a limited range and can be problematic for people who live in apartments and don’t have access to a wide supply of charging stations. He said the state will continue to offer subsidies and that he expected battery technology to improve over the next 15 years.

The government’s investment will also pay for more electric charging stations and to convert buildings to electric heating, he said.

Legault said Quebec’s previous target —reducing greenhouse gases by 20% over 1990s levels by 2020 —has been missed. Data from 2015 to 2017 indicated emissions were increasing—a sign Quebec is “going in the wrong direction,” the premier said.

Legault blamed that failure on previous governments. “For the first time in Quebec,” he said, “we have a plan that is costed, both in terms of costs and impact in terms of greenhouse gas reduction.”

The Opposition quickly seized on the fact the government’s plan meets fewer than half the state’s climate goals, calling Monday’s announcement “neither realistic nor ambitious.”

“Hard to agree when only 42% of the path forward is known,” Liberal climate change critic, Carlos Leitao, wrote on Twitter. He also denounced what he said was as a lack of commitment to ensuring Quebec is carbon-neutral by 2050.

Quebec Solidaire, the second opposition party, said the government isn’t doing enough to discourage private vehicle use. The party said the state should tax the owners of SUVs to encourage them to buy cars that are smaller and pollute less.

Legault replied that he preferred incentives to punishment, while Charette said Quebec’s territory is large and people outside big cities rely on larger vehicles to move around on tough terrain.

Despite it being panned by the opposition, the plan received positive reviews from a group representing business leaders in the province. The Conseil du patronat du Quebec said in a statement the government’s plan is “ambitious” and presents “new economic opportunities tied to sustainable development.”


Source: Wikipedia Kanesatake, Que.

New reserve-based gas station honours tax rights

Source: Wikipedia Kanesatake, Que.

Source: Wikipedia Kanesatake, Que.

Bayside Convenience and Gas sells fuel at 35% off

What if we offered a service that rightfully belongs to Onkwehon:we?

This thought is exactly what drove Gail (Scotty) Nelson and her husband Larry Daye to build a gas station that would provide fuel tax exemption to their clients.

On October 6, Bayside Convenience store became the first gas station not only in Kanesatake but in its sister-community Kahnawake, where drivers can fill up their car without having to pay tax.

“If you tank up, you save a lot of money,” said Nelson.

The Revenu, Quebec program was introduced in 2011 so that anyone with a registration card from reserves or settlements could benefit from fuel tax exemption. Despite a few gas stations in Kahnawake offering some deductions, Bayside’s 35% off comes as quite an attractive option, but Nelson doesn’t see her initiative as a competition.

“From the very beginning, I never felt like I was a threat to other gas stations in the community,” said Nelson whose goal was to simply provide the service. Two other gas stations near the community, Belisle and Crevier, also take off the taxes at the pump.

The newly-renamed Bayside Convenience and Gas owner said she received a lot of positive feedback since they started to offer the fuel tax exemption. She noticed that even people from Kahnawake were making the 35-minute drive to her business.

Kahnawa’kehro:non Tehosterihens Deer has owned his car for the past three years. He used to drive to Kanesatake to get the gas on occasion, but the pandemic has restrained him from going anywhere.

“That saves up a lot on gas,” said Deer.

Prior to COVID-19, Deer would go through $80 in gas every five to six days. Now, the same amount can last up to 10 days. With the upcoming winter, he sees Bayside’s new service as a good way to stock up on fuel while saving money.

The store, located near the Mohawk Council of Kanesatake (MCK) office, was the Kanehsata’kehro:non couple’s plan for retirement. They repainted and refurnished their old wood shop where they had been working since 1995, and opened Bayside in 2016.

Over the years, they added a variety of items to their store, such as crafts from locals.

The idea of one day transforming the store into a gas station was there from the beginning, said Nelson.

The construction started earlier this summer on July 4. Nelson had a hard time contacting Revenu Quebec for the tax exemption system.

She said she repeatedly called, sent letters and was bounced around to different departments before being told that it was already in place.

“Because we are located on the territory of the settlement, they took care of everything,” said Nelson, who didn’t have to finance any of the system’s installation.

Bayside Convenience and Gas is now open from 5:30 a.m. to 9 p.m. from Sunday to Wednesday – and until 10 p.m. on Thursday to Saturday.

Screen Shot 2020-11-13 at 12.39.57 PM

Pump Chats Podcast



Pump Chats logo

OCTANE and Convenience Store News Canada are pleased to present Pump Chats, a new podcast hosted by Jennifer Stewart, CIPMA president and CEO.

Get to know leading companies and influencers of Canada’s gasoline and convenience sector. Hear from top analysts on what’s next for the industry, how it’s weathering COVID-19, and its evolution to a cleaner, more sustainable tomorrow.


Pump Chats Episode 6

Canadian Fuels Association President and CEO Bob Larocque discusses their recently launched Driving to 2050 plan. The report shares their vision on solutions for the energy sector and what transportation will look like in the decades to come.

Pump Chats Episode 5

Michelle Coates-Mather, VP of government relations and advocacy for CIPMA, chats about what a Biden government means to the industry, what advocacy looks like amidst an energy transition, and how the Canadian government is broadening the narrative when it comes to reducing emissions.


Pump Chats Episode 4

Anne Kothawala, president and CEO of the Convenience Industry Council of Canada, shares her biggest lessons learned throughout her career, and how she’s adapted her leadership and government relations strategy through COVID.

Pump Chats Episode 3

Tiina McCombie of National Energy Equipment Inc. and Dan Witkemper of Gilbarco Veeder-Root discuss how the business has evolved, the challenges faced by COVID-19, and what the future holds for the industry.

Pump Chats Episode 2 

Parkland Corporation is the fastest-growing independent marketer of fuel products in Canada. SVP Peter Kilty talks growth strategy and what’s been the company’s striving factor to success.



Pump Chats Episode 1

Meet Jessica Friesen, a third-generation owner and operator of Gales Gas Bars, which have been servicing the Niagara region since 1967. Friesen talks about her biggest accomplishments since taking over in 2014, navigating during COVID-19 and the importance of keeping focus on the company’s vision.

Screen Shot 2020-09-28 at 5.49.36 PM

Advances in design define underground fuel storage systems

For more than 60 years fibreglass underground storage tanks (UST) have been the gold standard for the fuel industry. Before this time gas retailers were plagued by metal tanks that corroded, leaked and spilled leaving costly messes operators were obligated to clean up.

Screen Shot 2020-09-28 at 5.49.36 PM

Owens Corning came to the rescue in 1963 with the first models of fibreglass reinforced plastic underground storage tanks. These new storage systems defied corrosive elements in fuel products. The first model offered a non-ribbed tank that had tapered ends for easy storage. Owens Corning discovered this model did not hold up well to the pressures from being buried and it developed buckling dimples in later models to help tanks stand up to the pressures of backfill. Next, footings were added to the ribs. This enhanced the strength and the design was largely complete. 

Screen Shot 2020-09-28 at 5.50.05 PM

 With a basic design in hand, Owens Corning sought to prove the efficacy of these new tanks to regulators. Testing organizations such as Underwriters Laboratories (UL)  and Factory Mutual were brought in to demonstrate the tanks’ reliability. The testers advised using hemispherical end caps and they showed a need to revise surface loads, uneven supports, and external pressure resistance before accreditation could be given to the model. Owens Corning Model C was the first fibreglass tank with UL and Factory Mutual approval. Remarkably, the majority of these specifications created in the 1960s have remained relatively unchanged, an indication of the quality of the early work by engineers.

Once the tanks were standardized, petroleum retailers began work to determine how these fibreglass storage systems would best work at their sales sites. It was discovered that pea gravel and properly sized crushed stone were the best backfills to work with the designs that offered rounded end caps. Owens Corning patented its Model C in 1979 and the industry got busy replacing and upgrading its underground storage capability with these safer and more robust products.

Today, these designs have become the norm as the fueling sector looks for containment products that are safe, stable, and cost-effective.

Screen Shot 2020-09-28 at 5.51.43 PMAccording to Robert Renkes, executive director with the Fiberglass Tank and Pipe Institute, a Tulsa-based trade association where the fibreglass reinforced thermoset plastic (“FRP”) industry works together toward the common goal of advancing the use of members’ fibreglass products, tanks have become much larger than they were years ago. “There are about 530,000 underground storage tanks in the U.S. This is down from over 2 million. The reasons are that capacity has grown and tanks are compartmentalized to hold a variety of products such as multiple grades of fuel and diesel. Tanks today are better. There are fewer of them. They tend to be double-walled and they are better installed than at any time in the past,” he says mentioning that the vast majority of USTs are covered by a 30-year warranty.

Renkes points out that back in 1988-1989  most underground tanks had been improved from single-walled steel versions. “A huge number of new fibreglass tanks went into the ground about 30 years ago. Our experience tells us they are continuing to do the job, but insurance companies and regulators now have concerns because of warranty issues. Warranties are based on the assumption that tanks have a ‘specified’ useful life expectancy. No-one really knows what this is. Tanks would have to be removed and analyzed to determine this. Should 30-year old tanks be removed and replaced? We do not know at this time, and there is nothing that tells us fibreglass tanks are failing,” he says, adding that one of the challenges operators may now face is rising insurance rates due to uncertainty from underwriters. Currently, there are some 13 insurance co’s in Canada and the US that offer protection for fuel storage tanks, some of which are now offering a variety of rates depending on the age of the tank.

What’s new in tanks?  The Petroleum Equipment Institute (PEI), an organization that offers best practices on engineering for the installation of USTs, has just released a new series of advisements in a document titled Recommended Practices for Installation of Underground Liquid Storage Systems (RP100). Directed to oil company engineers, trade associations, environmental regulators, equipment manufacturers, and installation contractors, RP100 suggests the following:

• Revision of Section 10.13 to remove the recommendation to use metallic risers.

• A new recommendation that installers should confirm riser pipe is compatible with the product transferred/stored and approved for use by the authority having jurisdiction.

• A warning to use proper grounding techniques to dissipate static charge accumulation if a nonconductive riser pipe is installed.

• A note recommending the use of drop tubes to reduce turbulence and vapour buildup during fuel deliveries.

“Over the past ten years there has been concern about using non-metallic risers on tanks, “ says Renkes. “There was pushback years ago about using PVC and as a result, the industry became stalled on using non-metallic risers. With the UL listing of FRP risers demonstrating there is strength in thick gauge reinforced fibreglass plastic, the industry can now offer a complete non-corrosive tank and represents a great alternative and non-corrosive improvement for the trade.”

Renkes advice is for operators is to work diligently to keep water out of USTs, especially those that hold ultra-low sulphur diesel. “Water keeps alive microorganisms that go after metal and even though there is very little in the way of metal in current models of USTs these ‘bugs’ will work to corrode any metallic UST components.”

Canada and UST

While US manufacturers such as Owens Corning (became Containment Solutions in 1995) and Xerxes/ZCL were behind early developments in product design for underground fuel storage, Canada developed its own regulatory environment that mirrored those in the US.

Screen Shot 2020-09-28 at 5.51.22 PM“Certainly, we have our own regulations and codes and these include manufacturers’ recommendations,” says Michelle Rae, executive director Ontario Petroleum Contractors Association (OPCA). She mentions that it is the manufacturers that advise on the lifespan of tanks, but organizations such as Underwriters Laboratories of Canada (ULC) and the Technical Standards and Safety Authority (TSSA) [ the TSSA is an independent, not-for-profit organization responsible for the delivery of a range of safety services in Ontario] are behind overall standards that govern codes, installation methods and maintenance best practices. For example, this January, TSSA advised that all double-wall underground pressure piping systems that were installed before January 1, 2006, be upgraded with Electronic Line Leak Detection (ELLD) by October 1, 2021.

“There are two Federal codes in Canada that govern underground storage tanks. There are the National Fire Code and the CCME (Canadian Council of Ministers of the Environment) where their Contaminated Sites Working Group has developed an environmental code of best practices. Provinces also each have their own stipulations,” she says pointing to the Alberta Fire Code as an example where authority for permits to install, remove or alter a tank are granted by local fire departments, or the TSSA’s Liquid Fuels Handling Code in Ontario.

Rae suggests its important to have a preventative maintenance program in place and operators should be prepared to keep accurate records that include installation date, monitoring data, and maintenance. “Insurance companies want good record keeping. Those without good records could expect higher rates or challenges with policies. And, this represents a small investment in time and labour costs that could end up saving big dollars down the road,” she says, concluding that petroleum contractors and UST manufacturers stand out as good sources of information on best practices.   

Screen Shot 2020-09-28 at 5.51.01 PM

Christian Flach, CEO Greenergy

Greenergy acquires Amber Petroleum

Fuel distributor Greenergy has acquired 100% of Amber Petroleum, an independent fuel distributor and retailer based in the Republic of Ireland. The deal offers Greenergy access to Amber’s 35 sites around the country. Amber sites are both company-owned and dealer-owned operations and offer vehicle fuel products as well as home heating petroleum.

Christian Flach, CEO Greenergy

Christian Flach, CEO Greenergy

“One of our key strategic objectives is to integrate our existing supply footprint with our expanding retail presence,” said Christian Flach, Greenergy CEO. “The acquisition of Amber follows our recent retail investment in 230 retail sites in Canada, and will enhance our capabilities in Ireland by building on our existing infrastructure, supply and retail operations.”

Liam Fitzgerald, owner and managing director of Amber Petroleum concurs, adding that Amber has served a loyal customer base for more than 40 years. “Amber’s success has been based on strong relationships with customers, suppliers and staff and we know that Greenergy shares these same values.”

Greenergy entered the Canadian market in 2013. This year they merged with Markham, Ontario’s BG Fuels, a gas retail operator with a significant presence in central Canada. Behind Greenergy’s success are extensive investments in marine and rail-fed storage terminals as well as in road haulage capability that allows them to import and distribute their blended fuel products to independent retailers.

In the United Kingdom where Greenergy is based, the company supplies more than 25% of the road-fuels market.


Parkland posts lower Q2 net income of $32 million as fuel sales fall by 14%

UnknownService station operator Parkland Corp. is reporting higher-than-expected second quarter earnings despite pandemic-related hits to its sales volumes.

The Calgary-based company says net income in the three months ended June 30 was $32 million on revenue of $2.7 billion, down from $105 million on revenue of $4.85 billion in the same period a year ago.

Its net earnings per diluted share were 21 cents, compared with 70 cents last year. Analysts had expected a loss of 38 cents, according to financial data firm Refinitiv.

Parkland, which purchased the Caribbean fuel retailer Sol early last year, says volumes in its international segment are trending about 20% lower in July compared with last year because some markets have temporarily increased restrictions due to rising COVID-19 cases.

It says overall fuel and petroleum product volumes decreased by 14% in the second quarter compared with the year-earlier period but strong fuel margins and convenience store traffic, along with cost cutting, drove an over 30% increase in adjusted earnings in Canada.

Parkland, which sells fuel through more than 2,600 service stations in Canada, the United States and Caribbean, cut its budget to $275 million in March, down from its earlier guidance of $575 million. It says it will restore $50 million to account for stronger cash flow than expected and higher maintenance spending.

“We delivered solid margins, won new business and successfully managed our cash flow by reducing costs and controlling capital expenditures,” said CEO Bob Espey in a statement.

“Our financial and operating performance through the second quarter demonstrates the flexibility and resilience of our diversified business model. While we remain nimble in light of ongoing COVID-19 uncertainty, we are confident in our ability to advance our growth agenda.”

Screen Shot 2020-07-29 at 4.26.01 PM

Forecourt Performance Report 2020

Screen Shot 2020-07-29 at 4.32.45 PM

Choice is now a greater option for both Canadas motoring public and retail fuel operators with more independent petroleum brands and fewer refinery controlled sites coast to coast to coast. This was a key finding in this years National Petroleum Site Census, a watershed study that is done each year by The Kent Group Ltd.

 Based in London, Ontario, The Kent Group Ltd. is a data-driven consultancy that is a leading authority on fuel sector marketing, economics, performance measurement and benchmarking, as well as price/margin reporting/analysis, regulation, and industry economic research and analysis. Since 2004 The Kent Group Ltd. has been the go-to organization for the latest and most complete set of data that describes Canadas retail fueling sector.

Download the full report here

Screen Shot 2020-07-29 at 4.26.01 PM