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Suncor Energy Inc
Symbol SU
Shares Issued 1,180,745,547
Close 2026-06-19 C$ 78.32
Market Cap C$ 92,475,991,241
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Globe says Suncor moves to "localize" work force

2026-06-22 07:03 ET - In the News

The Globe and Mail reports in its Saturday edition that some contractors who work at two Suncor oil sands sites will have to live in the Fort McMurray region, under changes the company says it is making to improve local work force participation. The Globe's Emma Graney writes that the predominant use of workers who fly in and out of Northern Alberta oil sands operations has long bothered many in the region, including provincial Energy Minister and Fort McMurray MLA Brian Jean. He and others have argued that relying on non-local labour, who stay at the massive work camps near oil sands operations, does little to boost the region's economy and its businesses. Suncor told vendors of the change in a letter last month, saying contractors and employees at its Syncrude and Base Plant sites who perform ongoing operations and maintenance "will be expected to be locally located" by June 30. The company noted that accommodations at work camps would no longer be provided for those contractors and, as of Sept. 30, all of the affected roles must be held by locals. That includes those who work in site safety, as well as administrators and non-union labourers and janitorial staff. About 200 jobs will become localized under the rejig.

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