snodaIrving Oil posts a poorly veiled threat about having to restructure due to the energy transition and CBC reprints it wholesale.
Irving Oil is privately held. The only reason they posted this press release is because they want concessions. If they were serious about restructuring, they would restructure without telling anyone.
And CBC dutifully tells us Irving has 4000 employees, etc.
#cbc #news #nb #journalism #cdnpoli #Canada #ClimateCrisis #stenographers
https://www.cbc.ca/news/canada/new-brunswick/irving-oil-strategic-review-1.6868338
Irving Oil considers sale of company as part of strategic review | CBC News
Irving Oil, one of the largest and most powerful companies in New Brunswick, has launched a strategic review that will consider, among other things, "a full or partial sale" of the company, according to a statement issued Wednesday.