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Top related persons:
Chris Helgren - 1 Justin Trudeau's - 1 Canada's - 1 Daniel Breton - 1 Breton - 1 Brian Kingston - 1 Kingston - 1 Joanna Kyriazis - 1
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Toronto , Ontario Canada WINNIPEG , Manitoba British Columbia Canadian Parkland Breton U.S
Top related orgs:
Volkswagen - 1 Canadian - 1 REUTERS - 1 Companies Parkland Corp - 1 Justin Trudeau's Liberal - 1 Infrastructure Bank - 1 Parkland Corp - 1 EV - 1

Search resuls for: "Parkland Corp"


3 mentions found


☆ Canada's EV charging strategy reaches fork in the road
  + stars: | 2023-11-22 | by ( Rod Nickel | Thomson Reuters | Covers Energy | ) www.reuters.com   time to read: +5 min
Breton also is co-chair of a government working group on charging infrastructure. "People seem to forget that the backbone of the infrastructure is not public charging, it's home charging," Breton said. 'SERIOUS CHALLENGE'Breton said that 30% of the cost of installing a home EV charging station in the U.S. is covered by a federal tax credit, while California residents can receive rebates for upgrading charging stations and electric panels. Most Canadians drive short distances to work, meaning that public charging is mainly necessary for longer-haul travellers, Breton said. Canada had 19 EVs per public charging point in 2022, while the number was 24 in the U.S., according to the Paris-based International Energy Agency.
Persons: Chris Helgren, Justin Trudeau's, Canada's, Daniel Breton, Breton, Brian Kingston, Kingston, Joanna Kyriazis, Rod Nickel, Denny Thomas, Paul Simao Organizations: Volkswagen, Canadian, REUTERS, Companies Parkland Corp, Justin Trudeau's Liberal, Infrastructure Bank, Parkland Corp, EV, Electric Mobility Canada, Natural Resources, International Energy Agency, Clean Energy Canada, Simon Fraser University, Canadian Vehicle Manufacturers ' Association, Thomson Locations: Toronto , Ontario, Canada, WINNIPEG , Manitoba, British Columbia, Canadian, Parkland, Breton, U.S, California, Natural Resources Canada, Paris, Vancouver, Ottawa, Winnipeg , Manitoba
☆ Engine Capital urges Parkland to consider sale, spinoff of non-core assets
  + stars: | 2023-03-22 | by ( ) www.reuters.com   time to read: +1 min
March 22 (Reuters) - Activist investor Engine Capital on Wednesday urged fuel marketer Parkland Corp (PKI.TO) to look at strategic alternatives including the sale or spinoff of non-core assets to become a more focused fuel and convenience retailer. Parkland has accumulated a range of assets that are not typically owned by pure-play fuel and convenience operators, said Engine Capital. Engine added it was "particularly troubled by Parkland's staggering underperformance" compared with Canadian convenience retailer Alimentation Couche-Tard (ATD.TO). "The letter has been circulated by management to the board of the company for its review and consideration," Parkland said in an e-mailed statement. Engine also urged the company to improve its compensation framework to better align management's incentives with shareholder interests.
☆ Commodity-linked stocks push TSX to fresh two-week highs
  + stars: | 2022-12-08 | by ( Shashwat Chauhan | ) www.reuters.com   time to read: +2 min
[1/2] A sign board displaying Toronto Stock Exchange (TSX) stock information is seen in Toronto June 23, 2014. ET (1540 GMT), the Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) was up 66.9 points, or 0.33%, at 20,040.12. The materials sector (.GSPTTMT), which includes miners of precious and base metals, climbed 0.8% on higher metal prices. "Given the magnitude of the rate hikes, they want some time to evaluate how that's going to impact the economy." Among single stocks, Parkland Corp (PKI.TO) gained 5.9% after the food and fuel retailer posted its 2023 outlook.
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