11 Mar 2020 WATCH: Alberta Premier Jason Kenney is heading to Ottawa with a list of demands for the prime minister as falling oil prices, COVID-19 concerns Alberta Oil And Gas Layoffs. 6 days ago Jason Kenney warns job cuts are expected to hit the province's oil and gas sector in the comings weeks as a struggling industry grapples with a 5 days ago For Alberta's embattled energy industry, Saudi price war is nothing short of catastrophic · Canadian oil and gas companies plunge to lows not 11 Mar 2020 OTTAWA — Oil and gas companies in energy-rich Alberta are expected to announce layoffs soon after oil prices plummeted this week, the
Decision on layoffs may take six months following mega-merger: Workers ' confused' when PanCanadian Energy Corp. and Alberta Energy Co. combined to form Last fall, the oil company renewed its lease there with Brookfield Properties
29 Jan 2019 Oil workers in northeast Alberta are bracing for layoffs after a Calgary-based energy company warned in a letter to suppliers that the province's The Daily Oil Bulletin (DOB) is the most trusted source of exclusive news, data and analysis for Canada's oil and gas industry. 2 days ago To those working in oil and gas, has your company mentioned layoffs starting soon? Operations are going to get hit a lot as well as 31 Oct 2019 GUNTER: No surprise Encana leaving Alberta after Trudeau's anti-oil Similarly, it is no coincidence that Husky Energy announced major layoffs and Canada is struggling as an oil and gas nation entirely because of Decision on layoffs may take six months following mega-merger: Workers ' confused' when PanCanadian Energy Corp. and Alberta Energy Co. combined to form Last fall, the oil company renewed its lease there with Brookfield Properties The dropping oil price has serious implications for many Oil and Gas “Layoff” is not a termination which permanently severs the employment relationship.
11 Mar 2020 WATCH: Alberta Premier Jason Kenney is heading to Ottawa with a list of demands for the prime minister as falling oil prices, COVID-19 concerns
Oil is at 15 bucks. Can I please start paying a PST now? The UCP could effectively be looking down the barrel of a massive deficit this year, having budgeted for 50$+ oil prices this year. There are no hard and fast numbers on the job losses. Alberta employers must reports layoffs of 50 or more people to the provincial government’s ministry of Jobs, Skills, Training and Labour. Between Jan. 1 and mid-November, just over 18,000 workers were let go in group notices. Energy giant Husky Energy confirmed an unknown number of layoffs on Tuesday. “Today we did have to say goodbye to some of our colleagues,” the Calgary-based company said in an emailed After almost two years of sinking oil prices and at least 40,000 job cuts, Canada’s petroleum industry still isn’t finished tackling its bloated operations. The next round of layoffs has already begun with Cenovus Energy Inc. and Murphy Oil Corp. announcing workforce reductions last week. After 350,000 Layoffs Oil Companies Now Face Worker Shortages. There could be a growing shortage of skilled workers in the oil industry. That may seem counterintuitive in an industry that has been rapidly shedding workers, with more than 350,000 people laid off in the oil and gas industry worldwide. Company information: Industry/Area of Activity: Oil and Natural Gas Company Stock Ticker: CVE Stock traded at: NYSE Industry Code: 324110 About Cenovus Energy: Cenovus Energy Inc. is oil company based in Calgary, Alberta. The company is known for being a big developer of Canada’s oil sands, with an structure on innovation and safety. Revenue information: Length of temporary layoff. In Alberta, the maximum duration of a temporary layoff is 60 total days within a 120-day period. On the 61st day of a temporary layoff, the employee’s employment is considered to be ended, and the employer must pay termination pay.