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Finance & Capital Management

  • Cenovus/Husky merger to result in a smaller workforce

    25% decrease in combined employee levels expected The Cenovus Energy/Husky Energy merger will result in a much smaller workforce when the two companies combine.
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  • Suncor to move division head office

    Market volatility behind the location change  Suncor Energy has announced it will move its Petro-Canada head office from two sites in Ontario to Calgary next year.
  • New reserve-based gas station honours tax rights

    Bayside Convenience and Gas sells fuel at 35% offWhat 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.
  • Are you eligible for the Canada United Small Business Relief Fund?

    The Canada United Small Business Relief Fund (CUSBRF) is designed to help small businesses offset the cost of expenses to reopen safely or adopt digital technologies to move more of their business online in the wake of the COVID-19 pandemic.
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  • Cenovus and Husky to consolidate

    Massive deal reshapes Canadian oil and gas sector Calgary-based Cenovus Energy has announced that it has entered into a merger agreement with Husky Energy Inc.
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  • Coca-Cola recovery continues as it grows leaner in pandemic

    Coca-Cola measured gradual improvement in the third quarter as it focused on emerging leaner from the global pandemic.
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  • FCA workers approve Unifor deal to retool Windsor plant for making electric vehicles

    Unionized workers at Fiat Chrysler Automobiles Canada have voted to approve a new three-year contract, Unifor said Monday.
  • For small businesses that survive COVID, recovery is expected to be difficult

    Having 12 cases of mini eggs on hand sounds like the makings of a grandiose Easter hunt or the ultimate way to soothe a sweet tooth, but for Josie Rudderham, the confections have put her in quite the crunch.“We have joked about pouring them into a bathtub and doing a photo shoot because there is enough to do that, but really they are part of the cycle of investing in ingredients to make a lot of sales that didn't happen,” said Rudderham, the co-owner of Cake and Loaf in Hamilton, Ont.She spent the first months of the COVID-19 pandemic closing one of her two bakeries, taking on debt, laying off workers during the busy Easter season and offering curbside pickup, but the boxes remain.
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