Thread regarding Imperial Oil Limited layoffs

Province’s Reaction

It’s so infuriating to read in the news how the Provincial government tries to tie the layoffs to the feds, focusing solely on the pipeline or some perceived “red tape.” I’m with IRP, and there was no shortage of projects (less so now, no one knows what to do). For approvals, we asked AER or provincial bodies.

Those corporations don’t care about ease of regulations - they only understand regulatory consequences and cost impacts. Right now, it’s very cheap for them to get rid of all of us with no reason given. I almost can’t blame IOL (or more so Exxon) for what they did. It aligns very well with the nonsensical decisions they were making. BTC, DTI, how is this allowed in Canada


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| 1632 views | | 11 replies (last October 2) | Reply
Post ID: @OP+1k6gdwqfb

11 replies (most recent on top)

And Guyana is a lot more risky long term. Too many eggs in one area. Also this has nothing to do with the feds or pipelines. It's all about outsourcing and keeping anything good in the u s. They are arrogant and dont appreciate us Canadians. But they will gladly take billions and billions of dollars out of our country. Through dividends and share buyback alone we are a cash jackpot.

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Post ID: @fn+1k6gdwqfb

Write to your councillor, your MLA, your MP, and their shadow ministers. Many employees already are. We can’t stop this boat but as a society and country we need to have the conversation if we are okay with offshoring of these types of jobs.

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Post ID: @ds+1k6gdwqfb

CER projects no new mining projects through 2035 due to caps and high emissions (mining: ~70 kg CO2e/bbl vs. in-situ: ~50 kg). In-situ expansions (e.g., Cold Lake) are viable but smaller (50,000–100,000 b/d vs. 250,000+ for mines).
Innovation Pressure: Pathways Alliance (Suncor, CNRL, et al.) targets 22 Mt CO2e cuts by 2030 via CCUS, but funding disputes with Ottawa (2024–2025) delay progress, stalling megaproject plans.
Economic Trade-Off: Caps protect ~$40B GDP contribution (2024) by ensuring global market access but limit growth potential. Royalties could drop 10–15% by 2035 if no new projects offset reserve depletion.

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Post ID: @c0+1k6gdwqfb

https://x.com/mario4thenorth/status/1973519061222039602

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Post ID: @bz+1k6gdwqfb

@be you are misinformed. Maybe spend more time reading books and less time on conspiracy corner of x

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Post ID: @by+1k6gdwqfb

It should be Alberta first, then Canada. Bag licking Newfies last. Indians shouldn't even have a seat at the table.

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Post ID: @bw+1k6gdwqfb

Outsourcing is the main issue. Even if they came up with the pipeline project, they’re just going to find Indian nationals to do it.

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Post ID: @bg+1k6gdwqfb

It is the Feds. They've destroyed this company and any other companies interest in Canada. No one wants a Marxist authoritarian government imposing caps and carbon pricing, no pipelines, holds on big projects, etc. looking to the future, any third world with oil is more lucrative.

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Post ID: @be+1k6gdwqfb

Remember who you vote for next time you are at the provincial polls.

UCP are a bunch of hypocrites serving rich corporations.

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Post ID: @av+1k6gdwqfb

Where are the articles pointing out the hiring in India while firing us Canadians?

https://www.linkedin.com/company/exxonmobil-india-careers/

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Post ID: @ae+1k6gdwqfb

Most of the “red tape” comes from the feds though. Carbon tax just for example. I’m not saying IOL is bleeding cause of it, but when XOM looks at cost of doing business in Canada vs Guyana, there’s a clear winner. Guyana is looking a lot more prosperous for XOM than Kearl for example. That’s where the money will be going in the future

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Post ID: @a9+1k6gdwqfb

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