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Strategy

  • BG Fuels to trade as Greenergy following merger

    Fuel supplier Greenergy continues to make news.

  • Irving Oil cutting 250 jobs, 6% of workforce, due to the economy

    Irving Oil is cutting its workforce by 250 people or about 6% in light of the current economic conditions.

  • Oilpatch optimism expected to rise as difficult second quarter finally ends

    A rebound in oil prices as consumer demand for gasoline rises will buoy energy companies as they give quarterly results starting next week, but analysts say there are still too many uncertainties to expect any new spending in the sector.

  • Manitoba government offers more subsidies for businesses hit by COVID-19

    The Manitoba government is extending and expanding a wage-subsidy program to spur job creation during the COVID-19 pandemic.

  • Federal government commits funding for N.L. electric vehicle charging network

    The federal government is giving a funding boost for a network of electric vehicle charging stations across Newfoundland and Labrador.

  • Canada's growing food insecurity issue

    StatsCan confirmed what most of us already know: Canada is becoming a hungrier place.According to a survey conducted by the federal agency in May, almost one in seven (14.6%) Canadians indicated they lived in a household where there was food insecurity in the past month.

  • Business model helps Couche-Tard navigate COVID-19

    LAVAL, Quebec — Alimentation Couche-Tard Inc., parent company of Circle K, reported a relatively strong fourth quarter for its 2020 fiscal year despite grappling with the challenges of the COVID-19 pandemic."Our agile, decentralized model, as well as the advancements we made in operational excellence this past year, helped us to face the unprecedented challenges of COVID-19 and I'm proud to say, I think we've emerged from this historic year a better and stronger company, both financially and culturally," president and CEO Brian Hannasch stated during the company's Q4 earnings call on June 30."We ended the fourth quarter with strong top-line trends, including 12 weeks of positive traffic, before we endured a significant decline in traffic and fuel volumes with the pandemic stay-at-home orders implemented across our global footprint," he added.Looking at the fourth-quarter numbers, same-store merchandise revenue decreased by 0.5 percent in the United States and 6.5 percent in Europe, while increasing 4.7 percent in Canada compared to the same quarter last year.From a fuels perspective, volumes declined sharply during the first weeks following the stay-at-home orders.

  • Uber launches new grocery delivery service in Toronto and Montreal

    Uber Technologies Inc.
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