What’s going on ? Any ideas. He didn’t say anything on day one. I’m worried about what will happen to our beloved province if he adds tariffs to oil and gas.
Oil and gas is the major export of Canada. Add your tariffs on anything else but natural resources from Alberta.
Any ideas of possible job cuts?
Resources from Alberta will be exempt from tariffs. To make up for this resources from other provinces WILL increase from 25 to 35-40%. We have a great premier indeed Ms. Daniel Smith and our future Prime Minister Pierre Polievre who have put the interests of Alberta first. Pierre remembers his roots here in Alberta.
I think although the cuts were coming to oil and gas we can finally breath as our economy here in Alberta, which everyone can acknowledge is the most important for exports to the USA! Great job to our leaders!!
Things will actually be okay here in Alberta. Daniel smith is planning a tax cut. https://calgaryherald.com/opinion/columnists/bell-albertans-getting-tax-cut-provincial-budget
She and Polievre will make sure things work for Alberta. The impacts on Alberta will be minimal. Thankfully we have a provincial government that acknowledges climate change is fake. If we can get Polievre we can ensure that we have a government federally and provincially that actually understands and acknowledges climate change is something made up by the left to control and limit the wealth of Alberta.
Trump again confirmed that tariffs will take place, most likely on April 2nd. However, while for other countries he may introduce "reciprocal" tariffs, for Canada it could be higher. He wants to put incentives to domestic US production. Canada is a bad shape because Trudeau is not "legit" because he is "temporary". He traveled to Ukraine and keeps wasting tax dollars of Canadians.
TFI International are moving their head office stateside as well. The impacts are real. We saw what happened to Encana, the name change and move stateside. Unfortunately we will see many good corporate jobs move stateside not just in Alberta but across the country.
We need to put are differences (in Canada) aside and unite as a country. The USA is a real threat to not only Alberta but Canada. People coast to coast to coast are uniting. Left to right wing. We are all united in our love for Canada.
Although these threats are bad, I truly hope it unifies us as a country. We are not purchasing food, appliances made in the USA. As well we are boycotting products from traitors like Gretzky even if they are produced in Canada.
Companies are now assesing the impact of tariffs. Brookfield for example decided to move headquarters to the US. Other companies can follow. Canada will be losing big time, that's a big concern.
The three Ts Trump Tariffs and Trade are a reality. I know family in other parts of the country are looking for made in Canada first, than any other country but USA for food. This trade war will go beyond oil and gas. This is real. Cuts are coming to CNRL.
“ 1 year stock performance down almost 3%. Not going the right way”
The warning signs of the Trump tariffs and jobs moving stateside are real.
1 year stock performance down almost 3%. Not going the right way.
My sister’s brother-law’s brother’s wife best friend works closely with Whitehouse and have indicated they are willing to make a deal with oil and gas tariffs. Canada will need to give up 60% of its natural resources to the USA. This is similar to the deal the USA is making with Ukrainian. Job cuts will be more wide spread and not limited to chevron legacy.
Expect no more bonuses in the future as well as pay cuts. As we will most likely see a Polievere this will be the most likely outcome. Polievere has repeatedly stated Canada is broken. Alberta we are heading into a bad recession.
Don’t keep your hopes up that all the cuts will occur to chevron employees. Cuts will occur to legacy CNRL employees.
The USA buys more than 85% of Alberta oil and gas. It’s wishful thinking that we in Alberta think we will be protected from tariffs but the rest of the country will feel the impact. It’s wishful thinking that climate change isn’t real and we don’t need to care about the environment. Climate change is real we can say sc--w the environment and Jesus will save us. We can say Daniel Smith and Pierre Polievere will save us. They actually want to be part of the USA. Polievere has repeatedly said “Canada is broken”. We are so smart we only vote conservative so this will only prove we don’t believe in Canada and we want to be part of the USA. Governor Polievere would love this situation.
Many if not all office jobs at CNRL will move stateside in order to save as many jobs as possible. Trump loves to negotiate and always win. Creating jobs for Americans at the expense of Americans will be that win.
Seriously cuts are coming, if not you will need to move stateside to save your job. This will occur in phases over time. We have seen this with encana etc.
If you see some senior people in HR, Finance, Logistics stressed out - well this is the reason they are working on special strategic projects that will hopefully at least save field jobs. You may need that TN visa just yet - unless those visa are cancelled. Be concerned. These threats are real.
Unfortunately Chevron didn't negotiate any protection period for the employees who have moved over to CNRL. Wouldn't be surprised if we are the first ones to go.
Chevron legacy employees should be okay for at least 2 years from my understanding with peers in legal. Cuts will occur with legacy CNRL employees in key areas including Operations, Tech, Legal, Finance, HR. As well any area that potentially have third party service providers could be areas that are cut.
Cuts are coming my friend. Don’t think Chevron legacy will take the hit first.
Chevron folks should the first to be let go.
A bunch of head office cuts coming next week. HR, physical security and IT key people have dry runs this week.
Don’t sign any package without talking to a lawyer. Don’t talk too much including when they give you the package. Just pack your stuff and leave.
Good thing we took on all these chevron people then…..
I’m in HR, unofficially I can confirm the rumours of cuts are true. Many office jobs are at the risk of being cut. Senior managers are working to figure out where cuts can occur. Our business partners like those noted by the previous poster will see cuts. Logistics, IT, operations, finance, yes even HR will see cuts occur.
We should get ready for possible job cuts. Showing up in the office everyday won’t stop any possible cuts. It’s about who is producing more vs the non performers. Even some high performers may need to be cut. Don’t take these personally.
You will see as the other poster noted cuts in area that are frills as much as possible. It’s not the right time to ask for a raise. Potential cuts will be occurring.
I’m even worried about my own role. We were thinking of moving to Vancouver or Toronto but house prices are even more crazy in those cities.
Believing climate change is false, Jesus will save us, Daniel Smith or Pierre Polievere will be our saving grace is wishful thinking. Real cuts are on the horizon.
I’m in finance and my wife works as a desktop analyst / service desk analyst.
I can see the numbers in our expenses. We have the hard task of reducing expenses including headcount in order to minimize the impact of the potential tariffs. Most of the cuts will occur in the office not in the field. Showing up in the office or working from home won’t make a difference at all. Some jobs will potentially be moved stateside as the company sorts through things.
IT support - the use of equipment is being extended as long as possible in order to cut expenses. Perks we get will be reduced or eliminated as much as possible. Vendors like Compugen will be reduced, either we will use in house staff or we will do without.
People say that CNRL doesn’t cut, but times are different. We will need to tighten our belts even more than normal.
I feel for my colleagues that get paid by vendors such as Compugen and others as they might be the first to be cut in order to reduce costs without reducing core headcount.
This isn’t the time to go on a big vacation, travel to the USA, purchase a house or a car. This is real - cuts are coming. The USA is our biggest customer and we can’t do without them.
EV cars and heat pumps should be banned in Alberta in order to save our jobs. Jesus has blessed our province with a lot of resources, why shouldn’t we be able to use it. As for the environment, it will correct itself.
I work as a level 2 service desk analyst. I’m seriously worried about our roles should tariffs occur. Does anyone in the rest of Canada even know what Alberta is actually going through right now?
Just because Alberta has oil and gas doesn’t mean we shouldn’t have EVs or heat pumps - even if Jesus gave us these resources lol…..
I listened to Pierre Polievere speech this long weekend. We need someone like him to help save our province. We have an abundance of natural resources ie oil and gas to name a few. Only Daniel Smith and Pierre Polievere are standing up for Alberta.
Trump tariffs will hit Alberta very hard. Most likely more than any other province. Calgary would be more affected than Montreal, Quebec City or Toronto.
DS and PP have what it takes to weather the storm of a Trump presidency for us. What is the plan from the provincial NDP or federal parties to actually help Alberta (which is the engine of the Canadian economy?).
Climate change might be real but why should Alberta be the first to stop producing oil? Shouldn’t the Saudi Arabs (home to Osamba Bin Ladan family be first)? Why are we allowing EV vehicles on our roads? Why are we allowing heat pumps to heat homes? We should be using natural gas stoves in our homes to promote the Alberta economy.
Who is actually standing up for Alberta. The environment will always correct itself and adjust that is the laws of nature.
We need to keep repeating and lobbying that “climate change is fake”. Sc--w the environment and everyone else. We need to have an Alberta first attitude. What is all this talk about getting off fossil fuels? We have been gifted our natural resources including fossil fuels here in Alberta. It’s ours for the taking.
If we were not meant to use it why would G-d bless Alberta with an abundance of natural resources? Say NO to any EV cars, heat pumps etc. use gas stoves at home not electric.
The future of Alberta jobs is paramount. You protect Alberta jobs the rest of economy in Canada will fall in place.
What proof do the lefties have about climate change? They tried to control us with the pandemic mandates. This all needs to stop now. The environment has and always will adjust and correct for any changes to the surroundings environment. It will take care of its self. Jesus would not have given us these natural resources if it wasn’t meant for us to use.
Ms. Smith blows. Bring in Nenshi please.
I’m in logistics and I’m extremely worried about layoffs. If tariffs are imposed on Alberta products we will be hit very hard. It’s not a good thing for our provincial economy. PP is just coming up with negative things. He has yet to do or say anything positive about the Canadian economy. Friends of mine have told me Pierre has pledged allegiance to Trump and really wants Canada to be the 51st state.
We can already see demand for our products decline. We only have so much demand and refineries in Canada to cover Canadian consumption. We need to plan to deal with other countries and within Canada.
We also have been told to try to reduce our expenses. Some of my peers in finance are working on special projects on how to reduce expenses with the least impact on jobs. It’s a tough task but it’s good to know the company is at least trying to reduce the impact. Cuts will still occur but the question is how much.
It is a very stressful time for us. I’m looking at labels and if it says made in the USA I’m avoiding it. The order of preference is Alberta, the rest of Canada then the world. No USA products.
A few economist have already predicted that Alberta will be hit very hard by tariffs.
It’s not just oil and gas. Family and friends in Ontario and Quebec are also bracing for a serious hit.
I heard Calgary would be hit very hard with the Trump tariffs. What is Ottawa and JT doing to stop and prevent these tariffs? They are doing nothing.
We need to keep repeating climate change is fake (even itself it’s real). Our economy is based on dirty oil (oil sands) and fracking.
The Alberta economy must be protected at all costs. What is Ottawa actually doing for us? Nothing. PP might be a total id--t but at least he’s conservative. We need a conservative government no matter how incompetent to navigate us out of this mess. I’m real worried about our jobs here in Alberta.
Seriously wake up. Alberta only elects MPs from the Conservative Party federally for a reason. It’s the only party that has the real interest of our province at heart. Do you seriously think Carbon/Freeland or Carbon/Carney can actually do something for Alberta? Think again. Just watch when another election is called - we will elect only conservative MPs and that’s a fact. To qoute Stephen Harper only a “Strong Stable Conservative Majority Government” can actually do something not only for Alberta but Canada.
The same applies provincially. We only elects conservative for a reason. It’s the only party that can lead us provincially.
Alberta needs to brace for massive layoffs. Trump maybe trying to look like he is a friend of Alberta but he is not. The lower tariff threats on Alberta is just to make us think we aren’t the target. Oil and gas accounts for a large part of our exports. My peers in operational logistics have told me that the strategic longer term demand from Alberta will decline in exchange for oil stateside and other countries. He and his oligarchs plan to buy up the oil and gas industry here at a discount. He doesn’t care about Canadian let alone Alberta jobs.
Expect upcoming layoffs starting with support positions like finance, operations, HR and logistics. A few in areas looking after office and real estate have said they are planning to reduce office footprint. HR is reviewing employee lists based on what they do in order to identify redundancies and see where they can give packages more effective. Those near retirement or with more than x years of service may be kept as they will cost more to package out. They are crunching the numbers.
People are being quietly told to put off larger purchases like cars, houses etc. for at least a few months. We are finding similar talk with our peers at other oil and gas companies as well as companies that support these companies.
I heard similar ramblings. I work for a company that provides various support services for CNRL. We have been told to expect potential cuts to our numbers before CNRL core staff are expected.
I know my peers in networking are working with other areas to see how quickly they can get dedicated infrastructure network links to Houston and other places. They haven’t been told specifically the reason but we can put two and two together based on what the discussion is here for CNRL and other companies.
I’m wondering how will be afford to pay our mortgage if we lose our jobs? Both my wife and I work supporting oil and gas companies. Will our house prices crash and we may need to walk away from our homes at a loss? I’m seriously worried - I’ve had sleepless nights over this.
We are already trying to reduce our expenses as we have a larger home. Our parents are feeling it as well. My parents plan to move in with us in the spring and the wife parents in the summer if we end up in a recession. We crunched the numbers and if we stay strong as a family we can hopefully be okay should we have a deep recession.
My co-workers and I work in technical support here in Calgary for CNRL. We have family who also work in logistics, finance, HR, operations who have already felt the pinch. Our team leads are also hinting to us to hold off making any larger ticket purchases until we know what is going on due to potential job cuts / layoffs.
In order to appease Trump we could see many of the support positions in the offices start to transition to the USA in order to avoid / reduce the impact of tariff cuts. Our peers in the fields especially in northern Alberta should be okay as what American wants to work outside in a cold Alberta winter with nothing to do in town after their shift.
Trump may “drill baby drill” in various parts of the USA including Alaska. Potentially with the renaming of the Gulf of Mexico to the Gulf of America they could have more oil production in the USA and need us less. As you know our oil is a lot more heavy and harder to refine - it’s sold to our primary customer at a discount.
Trump is coming from a good place for Americans and Big Oil USA. He has the interests of the USA at heart. Look at our oil companies like Encana, they changed the name and moved head office stateside. The USA technically owns much of the oil companies and Alberta is just a satellite office. Many Americans in oil production states are deeply offended at what Canadians are doing. Ms. Smith gets it that’s why she has stated repeatedly that oil, gas and all Alberta resources must be off the table in any trade talks. The Americans can easily move many of the office jobs related to oil and gas from Calgary/Edmonton stateside. It’s best not to offend the American government in any way shape or form.
I strongly believe we in Alberta will be okay. We supply vital resources to the USA. Our beloved premier has worked hard for the interests of our province. The same can’t be said for a certain premier in another province that called an election in the middle of winter taking advance of this mess. Seems like he is only interested in protecting his own job and not that of the province.
We believe CNRL will be okay. The US needs us. Canada needs the tax revenue we generate from the equalization payments. Quebec needs money from their constant handouts. The federal government no matter who gets elected conservative or liberal will need to look after Alberta.
We know that if you look after Alberta the rest of the economic issues for the rest of the Canada will fall in place.
We need strong leadership to ensure tariffs are not placed on Alberta. If they are we need strong leadership to counter the effects it. A recession in Alberta will not hit only Alberta, it will have a greater impact on the rest of Canada. Look after Alberta and the other economic problems of the rest of Canada will fall in place.
Feb 1st tariffs come in.
Alberta will be spared. No tariffs on Oil & Gas thankfully. Ms. Smith is a true leader.