Parkland says strategic review called for by Simpson Oil is unnecessary
A boat travels past the Parkland Burnaby Refinery on Burrard Inlet at sunset in Burnaby, B.C., on Saturday, April 17, 2021. THE CANADIAN PRESS/Darryl Dyck
CALGARY -
Fuel retailer Parkland Corp. says a strategic review of its business called for by its largest shareholder is unnecessary.
The Calgary-based company says such a review does not consider the best interests of the majority of its shareholders.
The comments came after Simpson Oil Ltd. sent a letter to the Parkland board of directors last week that called for a review of strategic alternatives including a potential sale of the company.
Simpson holds a 19.7 per cent stake in Parkland.
It said last month it would evaluate its options to protect its shareholder rights once restrictions under an agreement that limited its ability to nominate and vote for board members at Parkland expired on March 31.
The company's two nominees on the Parkland board of directors resigned at the end of last year and it also waived its right to nominate two members to Parkland's board.
This report by The Canadian Press was first published April 15, 2024.
CTVNews.ca Top Stories
Liberal MP says she's leaving politics over disrespectful dialogue, threats, misogyny
Liberal MP Pam Damoff says she won't run again in the next federal election, saying she has experienced misogyny, disrespectful dialogue in politics and threats to her life.
Concerns about Plexiglass prompt inspections at some Loblaws locations in Ottawa
Inspections are underway at more than one Loblaws location in Ottawa after complaints were filed about tall Plexiglass barriers.
Federal employees will be required to spend 3 days a week in the office
Starting in September, public servants in the core public administration will be required to work in the office a minimum of three days a week. The Treasury Board Secretariat says executives will need to be in the office four days per week.
OPP officer said 'someone's going to get hurt' before wrong-way Hwy. 401 crash
As multiple Durham police cruisers were chasing a robbery suspect on the wrong side of Highway 401 Monday night, an Ontario Provincial Police officer shared his concerns, telling a dispatcher, "Someone's going to get hurt."
Ont. woman who faked pregnancy to defraud doulas arrested again on similar charges
Victims of a Brantford, Ont., woman who was sentenced to house arrest earlier this year for defrauding and deceiving doulas say they’re not surprised she’s been apprehended again on similar charges.
Five human skeletons, missing hands and feet, found outside house of Nazi leader Hermann Göring
Archeologists have unearthed the skeletons of five people, missing their hands and feet, at a former Nazi military base in Poland.
Poilievre returns to House unrepentant for calling Trudeau 'wacko,' Speaker not resigning
An unrepentant Pierre Poilievre returned to the House of Commons on Wednesday to pepper the prime minister about his drug decriminalization policies after being booted the day prior for refusing to take back calling Justin Trudeau 'wacko' over his approach to the issue.
Construction begins on LGBTQ2S+ national monument in Ottawa
Shovels have hit the ground for constuction on Canada's LGBTQ2S+ national monument in Ottawa.
B.C. man awarded $5,000 in damages in first-of-it-kind intimate image case
In a first-of-its-kind case, a B.C. tribunal has ruled on a dispute involving the non-consensual sharing of intimate images, awarding damages and issuing orders that the photos be destroyed and taken offline.
Shopping Trends
The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us.
Edmonton
-
Man suffers life-threatening injuries in mid-day stabbing
A man is in life-threatening condition after a Wednesday afternoon stabbing in Edmonton's core.
-
Edmonton fire chief stepping down
Edmonton Fire Rescue Services (EFRS) announced Wednesday morning Joe Zatylny will step down as its chief on May 10.
-
2024 Edmonton debut of e-scooters waiting on city review
At this time last year, e-scooters had been patrolling Edmonton streets for almost a month. This year, they have yet to make their debut -- and likely won't until the end of this month at the earliest.
Lethbridge
-
'Here to help': The Watch celebrating 5 years of patrolling Lethbridge streets
Volunteers with ‘The Watch’ program in Lethbridge have been patrolling the city centre rain or shine for five years.
-
Safety gear, training, helped B.C. wildfire pilot survive crash, safety board says
A Transportation Safety Board report says experience, recent training and safety equipment were key factors in a pilot surviving the crash of a firefighting plane south of Cranbrook in August 2022.
-
On do-or-die night in Brooks, Caelan Fitzpatrick comes up big to lead Bandits past Oilers
Facing a Tuesday night elimination game, Caelan Fitzpatrick responded with a hat trick to lead the Brooks Bandits past the Okotoks Oilers 5-1.
Vancouver
-
On Day 1, only about 15% of B.C. dentists have signed on to new federal plan
As of May 1, the new federally-run Canadian Dental Care Plan provides coverage for nearly two million low-income seniors. But finding a provider in B.C. could be tough.
-
First Nations activist reflects on years-long fight against Trans Mountain pipeline expansion
The taps have been turned on for the Trans Mountain pipeline expansion – a national infrastructure project that overcame fierce public opposition, construction delays and cost-overruns that pushed the final bill to more than $34 billion.
-
All provincial employees in B.C. directed to change passwords
Every provincial employee is receiving emails or memos directing them to change their passwords immediately, CTV News has learned.
Vancouver Island
-
Gaza protesters at University of Victoria say encampment will stay until demands are met
A pro-Palestinian protest camp has formed at the University of Victoria in solidarity with the people of Gaza and with similar encampments that have sprung up on university and college campuses in opposition to the Israel-Hamas war.
-
'It's a people problem': Unsecured garbage bins continue to attract bears on Bear Mountain
Shauna Owens-Krahn lives on Bear Mountain in Langford. Four times a day she takes her dogs for walks through the trails near her home and carries bear spray, just in case.
-
All provincial employees in B.C. directed to change passwords
Every provincial employee is receiving emails or memos directing them to change their passwords immediately, CTV News has learned.
Saskatoon
-
'Healthy, happy calves': Cow gives birth to rare set of quadruplets in Saskatchewan
A Saskatchewan family won the bovine lottery after their cow gave birth to a rare set of quadruplets.
-
Managers must tell new hires about risk of violence at work under new Sask. employment rules
Saskatchewan employers will be required to tell new hires if they face a risk of violence in the workplace and to take actions against it starting on May 17.
-
'Not an easy task': Police begin 'meticulous' search at Saskatoon landfill in Mackenzie Trottier case
Police officers and cadaver dogs have begun searching the Saskatoon landfill for answers in the Mackenzie Lee Trottier case.
Regina
-
Sask. to provide financial support to families with children travelling out of province for care
Sask. families who are required to travel outside of the province to access medical care for their children will receive financial support.
-
Former Regina campground to be turned into Indigenous ceremony site
A former campground in Regina will be turned into an Indigenous ceremony site.
-
Rural Sask. highway closed due to semi rollover: RCMP
Weyburn RCMP say no one was injured in a single-vehicle semi rollover on Highway 18 near Beaubier, but the crash did force the closure of Highway 18.
Toronto
-
OPP officer said 'someone's going to get hurt' before wrong-way Hwy. 401 crash
As multiple Durham police cruisers were chasing a robbery suspect on the wrong side of Highway 401 Monday night, an Ontario Provincial Police officer shared his concerns, telling a dispatcher, "Someone's going to get hurt."
-
Woman in serious condition after being struck by vehicle in Brampton
A female pedestrian has been taken to the hospital after being struck by a vehicle in Brampton.
-
Canada's most wanted fugitive arrested in P.E.I. in connection with Toronto homicide
A suspect in a fatal shooting in Toronto’s east end last summer has been arrested in Charlottetown, just one week after he topped a list of Canada’s most wanted fugitives.
Montreal
-
McGill offers 'forum' with protesters after judge dismisses injunction request
A judge has rejected a request from two McGill University students for a court injunction to limit where protesters can go on campus.
-
Montreal investigating separate stabbings
Montreal police were called to investigate two stabbings early Wednesday evening in Rosemont-La-Petite Patrie and Cote-des-Neiges–Notre-Dame-de-Grace.
-
Canadian Airbus A220 workers approve deal, ending lockout fears
Canadian Airbus A220 jet assembly workers approved a five-year contract with more than three-quarters of votes in favor, their union said late on Wednesday, ending fears of a lockout at the planemaker's Montreal-area plant.
Atlantic
-
'It's got to make some kind of change': Boycott of Loblaws-owned stores begins
For the next month, thousands of shoppers from across the country plan to get their groceries anywhere other than Loblaws-owned stores. The move is an attempt to get the box chain to lower its prices, as frustration grows over the high price of food.
-
Most wanted fugitive in Canada arrested in Charlottetown, P.E.I.
Local police say officers arrested Michael Bebee, the most wanted fugitive in Canada, in Charlottetown, P.E.I., Tuesday night.
-
'Canadian air travel is too expensive': WestJet CEO
The CEO of WestJet believes the reason the ultra low-cost airline model struggles to get off the ground in Canada is due to the country’s geography.
Winnipeg
-
High traffic at bustling Winnipeg Costco prompts calls for traffic light
A motion before Winnipeg’s public works committee could make it easier for shoppers who stocked up on bulk packs of toilet paper and chicken breast to exit one of the city’s bustling Costco locations.
-
New report recommends rehab of over 110-year-old bridge, not building new one
Mary Young walks across the Louise Bridge every day.
-
Interprovincial drug bust led by Winnipeg police turns up millions in drugs, cash, luxury goods
More than a dozen people are facing charges, the majority Winnipeggers, after an interprovincial drug bust that turned up millions of dollars in cash, drugs, guns, jewelry and luxury vehicles.
Ottawa
-
Federal employees will be required to spend 3 days a week in the office
Starting in September, public servants in the core public administration will be required to work in the office a minimum of three days a week. The Treasury Board Secretariat says executives will need to be in the office four days per week.
-
Ausome Ottawa announces its shutting down, the second non-profit in a week
Two Ottawa non-profits, both serving the autism community, have suddenly closed their doors within the past week, leaving parents with fewer supports in the city.
-
Concerns about Plexiglass prompt inspections at some Loblaws locations in Ottawa
Inspections are underway at more than one Loblaws location in Ottawa after complaints were filed about tall Plexiglass barriers.
Northern Ontario
-
Two people found dead in Sault Ste. Marie
Police in Sault Ste. Marie are investigating two sudden deaths on Boundary Road.
-
Police investigate death in northern Ontario community
The remains of a 44-year-old person were found Tuesday morning on Delamere Road in French River, Ontario Provincial Police said.
-
French River officials hope worst is behind them with flood
French River officials say they’re hopeful things will start to improve now and that they’ve turned a corner from the high water levels on Lake Nipissing, the French River and other waterways going through their municipality.
Barrie
-
Trial set for suspect in 1994 Barrie murder case
The man who police say killed Katherine Janeiro and left her body for friends to find, Robert MacQueen aka Bruce Ellis will stand trial for her murder.
-
Wife brings $267K RVH lottery win home to her husband
A Barrie woman was all smiles after taking home a big lottery win to her husband.
-
Police in Barrie warn residents of possible weapon missing in neighbourhood
Residents in a Barrie neighbourhood are being asked to check their property for suspicious substances or weapons.
Kitchener
-
Ont. woman who faked pregnancy to defraud doulas arrested again on similar charges
Victims of a Brantford, Ont., woman who was sentenced to house arrest earlier this year for defrauding and deceiving doulas say they’re not surprised she’s been apprehended again on similar charges.
-
WATCH
WATCH Fans flock to Elora, Ont. to see Arnold Schwarzenegger in action
Hollywood heavyweight Arnold Schwarzenegger has caused quite a stir in a small Ontario town this week.
-
Bullet fired into Waterloo business
Waterloo regional police are looking for the person who shot into the window of a Waterloo business.
London
-
'Breaks my heart': Residents react to removal of Canada goose nest, destruction of eggs
Residents who live in the Hyde Park Place apartments in north London, Ont. said they are heartbroken after Old Oak Properties removed two geese nests, containing more than half a dozen eggs.
-
Protestors set up tent encampment on campus, Western University says
As protestors set up tent encampments at universities across Canada and the U.S.in support of Palestine, London, Ont.’s Western University finds itself no exception on Wednesday.
-
South Bruce Council unanimously approves nuclear waste hosting agreement
On Wednesday, councillors with the Municipality of South Bruce voted on a nuclear waste hosting agreement that could change the course of their community forever.
Windsor
-
‘Unsatisfactory competence’: City Hall denies wrongdoing in wrongful dismissal suit
The City of Windsor has filed its statement of defence following a wrongful dismissal lawsuit filed by a former senior employee.
-
After overseas breakthrough, Windsor researchers one step closer to producing EV batteries which charge in minutes
An overseas manufacturer said it has developed electric vehicle batteries which can be charged in as much time as it takes to grab a coffee from Tim Horton's — and similar batteries are expected to be made by a Windsor-based EV research group sometime this year.
-
Windsor police to crack down on 'unnecessary vehicular noise' in spring campaign
If you like engine revving, loud music and squealing tires, you could be landing yourself a ticket. That’s the message Wednesday from the Windsor Police Service as it launches the 2024 Anti-Noise Campaign.
