Transit ridership increased in July
Statistics Canada reports today that public transit ridership increased in July, as COVID-19 restrictions eased in many provinces and vaccination rates continued to climb. But recovery toward pre-pandemic levels remains slow with ridership currently sitting at 40.5 per cent of the number from the same month in 2019. In July, an estimated 59.7 million passenger trips were made on Canada’s urban transit networks, an increase of 11.0 per cent, or 5.9 million trips, from July 2020. Ridership remained well below July 2019, at 87.7 million fewer passengers.
VICA CEO leads HR webinar
Vancouver Island Construction Association CEO Rory Kulmala is leading a BuildingWell Community of Practice webinar on Sept. 24 from 12:00 p.m. to 1:30 p.m. PT covering labour shortages, COVID vaccine mandates, scheduling and more. Those interested can register by mailing allison@buildingwell.ca.
Shell sells Permian interest to ConocoPhillips for $9.5B
Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its Permian business to ConocoPhillips for $9.5 billion in cash. The effective date of the transaction is July 1, 2021 with closing expected in Q4 2021. Shell’s Permian business includes ownership in approximately 225k net acres with current production of around 175 thousand barrels equivalent per day.
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