Imperial Oil announced 900 layoffs—20% of its Alberta workforce—closing its Calgary Quarry Park campus and shifting operations to Houston. Despite rising oil sands production, jobs continue to decline, falling by 33,000 since 2014 as technology boosts efficiency. Critics argue this exposes risks in approving new pipelines while employment shrinks. Governments benefit from royalties and taxes, but workers lose stability. The layoffs highlight Canada’s dilemma: growing output, fewer jobs, and uncertain energy futures.
Imperial Oil Layoffs Signal Deeper Trouble for Canada
