Forecourt

“This acquisition provides a platform to grow our food offer, expand our proprietary brands, and advance our digital and loyalty strategy,” says Ian White, SVP strategic marketing & innovation.

Initiative includes 17 sites by this summer and three more by year-end.

In the U.S., the company plans to double its store count moving forward without having to enter new markets.

Oil prices also are being supported because some countries have not been able to keep up with their share of production, limiting supply.

Liberals promise to spend another $1.5 billion on the rebates over the next four years.

With additional fuel still coming in by barge and rail, the government says it is confident in the supply chain.

In its guidance for 2022, the company says it expects total production of between 780,000 and 820,000 barrels of oil equivalent per day and downstream throughput between 530,000 and 580,000 barrels per day.

In response, other gas stations could reduce their 12-cent retail margin by as much as five or six cents.

In 2020, more than three in four new vehicles registered in Canada were pickup trucks and SUVs, while passenger cars made up only one in five.