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IMF says U.S. tariffs, if sustained, will hit economies of Mexico, Canada

  • Bob Espey stated that U.S. tariffs have a neutral impact on Parkland Inc. Amid unpredictable market conditions.
  • Parkland Inc. Announced a quarterly net loss of $29 million in late 2024, compared to net earnings of $86 million during the same period in 2023.
  • A special board committee was formed to explore strategic alternatives, including a potential sale of Parkland, in response to calls from its largest shareholder, Simpson Oil Ltd.
  • Parkland's shares increased over five percent to $36.74 following the announcement of the earnings report, which revealed a decline in sales and operating revenue.
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Institute of the Black World 21st Century broke the news in on Thursday, March 6, 2025.
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