Petro-canada News
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Last week Suncor Energy Inc. announced sweeping cuts as part of its ongoing streamlining process after the giant oil sands producer bought up Petro-Canada.
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Petro-Canada said it fell to a loss in the first quarter of 2009 due to mark-to-market valuations and foreign currency losses on the company's long-term debt.
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The Canadian Labour Congress (CLC) has announced a nationwide boycott of Petro-Canada in support of 260 Petro-Canada workers who have been locked-out of their jobs.
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