Suncor Energy Inc T.SU

Alternate Symbol(s): SU

Energy Oil & Gas Integrated

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.

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Suncor Energy Inc > 60,000 new jobs in Canada = 600,000 in the US

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Comment by Torontojayon Jul 07, 2023 1:48pm

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Post# 35531243

RE:60,000 new jobs in Canada = 600,000 in the US

Hi Pooltec, here's the kicker to the story. Canada's unemployment rate increased to 5.4% from 5.2%. In other words, population growth exceeds job creation growth which is mainly caused by immigration. Not everybody who lands in Canada is going to find a job.

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