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Finance & Capital Management

  • Imperial Oil ekes out Q3 profit as Kearl oil sands mine rebounds from outage

    Surging production from its Kearl oil sands mine after an unplanned two-week outage, along with a better-than-targeted drop in capital and operational spending, helped Imperial Oil Ltd.
  • RioCan CEO says real estate industry's norms have turned upside down

    Demand for space in prime office towers and shopping malls has plunged because the pandemic suddenly turned them into places that customers and tenants "don't even want to go to,'' RioCan Real Estate Investment Trust's veteran chief executive said last week."Unfortunately ...
  • 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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