Economy+Business

Imperial Oil Layoffs Signal Deeper Trouble for Canada

RVST
Publisher
Updated
Sep 30, 2025 8:03 PM
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Energi Media

30 Sept 2025  BRITISH COLUMBIA

The Alberta oil sands is not immune from the technology revolution reshaping the global economy. But AI and other advanced tech is likely to create a world in which greater export of Canadian oil doesn't create more jobs for Canadians. Production goes up, exports rise, but employment falls. That's the lesson from the Imperial Oil layoffs.

#oilsands #albertapolitics #oilandgas #markcarney

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