What thousands of energy layoffs mean for the future of oil and gas

Already battered by a price roller-coaster in 2020, big players in Canada’s oilpatch have announced plans for cost-cutting or layoffs. Oilsands giant Suncor was the latest to announce changes, with a planned 10-15 per cent cut to its workforce. Dave is joined by Calgary Herald business columnist Chris Varcoe to discuss what’s driving these moves, how deep the industry’s problems go, and what it means for Alberta’s economy. Learn more about your ad choices. Visit megaphone.fm/adchoices