“Today, Irving Oil is announcing that a strategic review of the company is underway, and a series of options are being evaluated related to the company’s future,” reads a statement from the company signed by chairman Arthur Irving, president Ian Whitcomb, and executive vice president Sarah Irving. “No decisions have been made about where this strategic review may lead.“Consideration will be given to a new ownership structure, a full or partial sale, or a change in the portfolio of our assets and how we operate them.”In an interview, New Brunswick Premier Blaine Higgs said Irving Oil’s words will undoubtedly create anxiety, although suggesting that the review is not necessarily unexpected in a changing energy landscape.He then pivoted to criticize federal policy for “disadvantaging and restraining” Canadian industry.“That definitely factors into the evaluation,” said Higgs, who was an Irving Oil executive before entering politics. “They’ve expressed their concern about federal policy for sometime. I have talked publicly about it for sometime.“It has been an ongoing challenge.”Today, Irving Oil is announcing that a strategic review of the company is underway, and a series of options are being evaluated related to the company’s future,” reads a statement from the company signed by chairman Arthur Irving, president Ian Whitcomb, and executive vice president Sarah Irving. “No decisions have been made about where this strategic review may lead.“Consideration will be given to a new ownership structure, a full or partial sale, or a change in the portfolio of our assets and how we operate them.”In an interview, New Brunswick Premier Blaine Higgs said Irving Oil’s words will undoubtedly create anxiety, although suggesting that the review is not necessarily unexpected in a changing energy landscape.He then pivoted to criticize federal policy for “disadvantaging and restraining” Canadian industry.“That definitely factors into the evaluation,” said Higgs, who was an Irving Oil executive before entering politics. “They’ve expressed their concern about federal policy for sometime. I have talked publicly about it for sometime.“It has been an ongoing challenge.””
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“Today, Irving Oil is announcing that a strategic review of the company is underway, and a series of options are being evaluated related to the company’s future,” reads a statement from the company signed by chairman Arthur Irving, president Ian Whitcomb, and executive vice president Sarah Irving. “No decisions have been made about where this strategic review may lead.“Consideration will be given to a new ownership structure, a full or partial sale, or a change in the portfolio of our assets and how we operate them.”In an interview, New Brunswick Premier Blaine Higgs said Irving Oil’s words will undoubtedly create anxiety, although suggesting that the review is not necessarily unexpected in a changing energy landscape.He then pivoted to criticize federal policy for “disadvantaging and restraining” Canadian industry.“That definitely factors into the evaluation,” said Higgs, who was an Irving Oil executive before entering politics. “They’ve expressed their concern about federal policy for sometime. I have talked publicly about it for sometime.“It has been an ongoing challenge.”Today, Irving Oil is announcing that a strategic review of the company is underway, and a series of options are being evaluated related to the company’s future,” reads a statement from the company signed by chairman Arthur Irving, president Ian Whitcomb, and executive vice president Sarah Irving. “No decisions have been made about where this strategic review may lead.“Consideration will be given to a new ownership structure, a full or partial sale, or a change in the portfolio of our assets and how we operate them.”In an interview, New Brunswick Premier Blaine Higgs said Irving Oil’s words will undoubtedly create anxiety, although suggesting that the review is not necessarily unexpected in a changing energy landscape.He then pivoted to criticize federal policy for “disadvantaging and restraining” Canadian industry.“That definitely factors into the evaluation,” said Higgs, who was an Irving Oil executive before entering politics. “They’ve expressed their concern about federal policy for sometime. I have talked publicly about it for sometime.“It has been an ongoing challenge.””