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Finance & Capital Management

  • Irving backs away from refinery deal

    Workers to find out this week about jobs at Come By Chance Last May (2020), Irving Oil announced they would purchase the Come By Chance oil refinery owned by the New York-based investment group Silverpeak.
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  • Front-line retail workers call for the return of COVID-19 pay bump as cases spike

    Calls for the return of hazard pay are mounting as workers on the front lines of Canada's retail industry grow increasingly anxious amid rising COVID-19 cases.
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  • Liberals revamp rent relief for businesses as second wave threatens job gains

    The Trudeau Liberals sought Friday to get ahead of growing economic concerns linked to rising COVID-19 case counts, vowing new and revamped business supports to keep workers on payrolls and maintain job gains threatened by the pandemic's second wave.The government plans to provide direct rent support to commercial tenants at a projected cost of $2.2 billion through the end of the year, rather than flowing the money through landlords who were not keen on a previous version of the program.A wage subsidy program will cover up to 65% of eligible costs through December, costing the treasury $6 billion over that time, and $11 billion more to a well-used loan program by providing an added $20,000, half of which would be forgivable.Even though many businesses have reopened, a number are not at full capacity while others worry about surviving a second wave.
  • Suncor announces staff reductions

    Pandemic and markets force 0il company's hand Calgary-based Suncor Energy Inc.
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  • National Carwash Solutions joins forces with CSI

    National Carwash Solutions (NCS) has announced a strategic partnership with Cleaning Systems, Inc.
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  • Vapers, smokers take a hit as N.L. budget focuses on prevention

    If you took up vaping to avoid the taxes on cigarettes, your luck just ran out.A 20% tax on vaping products was a key feature of the Newfoundland and Labrador budget September 29, which aimed to focus as much as possible on community health and prevention.Vaping has so far escaped the province's sin tax net, even though research suggests the practice can present significant health risks, especially for teens and young adults.The province also added an extra 10 cents in taxes per gram of loose tobacco and five cents per cigarette.The budget also allocated $1.7 million for school initiatives, awareness campaigns and cessation programs to help reduce tobacco use and vaping.
  • National Carwash Solutions partners with Cleaning Systems Inc.

    GRIMES, Iowa, October 1, 2020  -- National Carwash Solutions (NCS), the world's premier provider of car wash systems, cleaning solutions, and maintenance services is very pleased to announce its strategic partnership with Cleaning Systems, Inc.
  • 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.
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