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Husky destaffs head office employees in Calgary

Husky destaffs head office employees in Calgary

The company already laid-off 1400 workers last year but did not confirm how many were let go in this latest round, although internal reports estimate 500. The company already made serious cuts to capital spending and suspended their dividend in an effort to get back to black.

Husky is also divesting of non-core assets, excluding heavy oil and the oil sands.

TransCanada posts quarterly loss but boosts dividend

TransCanada posts quarterly loss but boosts dividend

Suncor Energy replaces Canadian Oil Sands board members

Suncor Energy replaces Canadian Oil Sands board members

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