11 Mar 2020 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 Alberta Oil And Gas Layoffs. 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 He said Alberta needs the federal government to have the province's back during a time of economic crisis — similar to how Ottawa helped the
Industry/Area of Activity: Oil and Natural Gas; Company Stock Ticker: CVE; Stock Energy: Cenovus Energy Inc. is oil company based in Calgary, Alberta.
20 Dec 2019 Public-sector workers in Alberta are no better off than in Canada's other Now, with the Alberta government making budget cuts and prompting layoffs, They' ve counted on oil and gas revenues to provide much of their 6 Jan 2016 Large-scale layoffs, empty office towers, falling house prices: Alberta has was often “the first one to throw Alberta oil and gas under the bus. 25 Feb 2020 Energy job cuts have hollowed out Calgary's downtown, which is CALGARY, Alberta—The massif of steel and glass skyscrapers at the core of this city's Calgary's economy is closely tied to the country's oil and gas sector, 3 Jul 2015 A torrent of layoffs in Alberta's energy sector appears to have slowed as 2015 hits the halfway mark but more job losses may be around the 12 Sep 2019 Recent layoffs in the oilpatch had left many workers — for whom raking But the mental health challenges faced by workers in the oil and gas Alberta premier says layoffs loom as oilpatch warns of 'catastrophic' impact from low prices Jason Kenney warns job cuts are expected to hit the province's oil and gas sector in the comings weeks
Alberta Oil And Gas Layoffs
Kenney said it’s not a secret that the oil and gas sector is likely to see layoffs over the next few weeks, since many companies have announced plans to slash their 2020 capital budgets. “A number of our energy companies saw their share valuation go down by as much as 90 per cent in the last 48 hours,” he said. “Many of them have basically no cash flow.