In an interview with CBC Radio’s The House, a Canadian oil and gas company said it is laying off up to 500 workers because of a spike in the number of oil field workers being laid off.
“We’re laying off workers, so we’re doing a review on the numbers of workers and we’re not expecting that number to be that high again,” said Mike McCready, the president of the Canadian Association of Petroleum Producers.
“But we’re looking at it, and we’ll take a look at it.”
The number of laid off workers in Canada has doubled in the past year and is now higher than it was in the early 1990s.
The industry is on the verge of a massive strike, and workers across the country are expressing concern about the impact it is having on their livelihoods.
“There’s been a very steep increase in layoffs over the last two years,” said Marc Soucieux, the executive director of Oil Change International.
“And in this economy, people are feeling they can’t do the work.
It’s kind of hard to say it’s an economic crisis, but it’s definitely affecting the economy.”
McGregor’s comments came on the same day that a number of companies across the U.S. announced they would be laying off tens of thousands of workers in the coming months.
In a statement to CBC News, the UBS Group said it has “substantially increased” its staffing plans across the industry, with its oil and natural gas operations expected to hire an additional 5,000 workers.
“Our business is experiencing sustained weakness,” the statement read.
“We expect the impact of this to continue into the coming year.”
While the UBC statement said that the number is down from the peak in 2012, it’s a large increase from what the industry experienced in the 2000s.
At the height of the oil bust, the industry had more than 10,000 people in the country.
Now, the sector has less than 2,000.
Meanwhile, a number in Canada is speaking out.
In a Facebook post, David Laitin, president of an oil and coal mining company in Nova Scotia, said the layoffs were a “catastrophic blow” to the industry and that the job cuts would hurt everyone.
“It’s devastating for our industry,” he wrote.
“It’s really tough, it takes a lot of hard work to get a good job.”
McKenzie King, a union representative for the Canadian Union of Public Employees (CUPE), which represents more than 100,000 members in the oil and mining industry, said that while the number laid off is a serious problem, he believes the situation could be much worse.
“This is a major job loss, so the job loss impacts everyone, not just the workers that were laid off, but also the people that are just trying to make ends meet,” he said.
“So if we can’t keep working and not lose our jobs, we’re going to lose our union.”
King said the job losses were not only hurting the workers but also their families, as their children and grandchildren are struggling to make it.
“The biggest concern is for the future of the families, especially in terms of their kids,” he told CBC News.
“They’re not going to be able to keep working because there’s going to have to be a major reduction in the jobs.”
King told CBC that while he was confident in the industry’s future, the situation was “not good.”
“It was going to take a long time for that to get sorted out,” he explained.
McGregors comments echo what many workers are hearing from other companies across Canada.
In an interview on CBC Radio this morning, a company spokesperson said that although the layoffs would impact the company’s workers, it would not be a big impact to the company as it will not have a significant impact on the workforce.
“In the past few years we’ve been increasing our staffing in our oil and mineral operations,” the spokesperson said.
“The number that’s laid off today is down about 10 per cent, but we have a very robust workforce and we expect it to stay at that level.”
“We expect to be back at the same level of staffing levels and we will not see a major impact on our company,” they added.
McGready’s company is part of the CNRL, the Canadian Nuclear Safety Commission.
It was founded in 1946 and operates four nuclear reactors in British Columbia.
The company says it employs more than 11,000 employees in Canada and is ranked No. 1 by the Canadian Institute for Health Information.”CNRL has been in business for nearly 60 years,” the company said in a statement.
“Our business model is based on providing a high-quality nuclear power system to Canada and all Canadians, with an investment in our people and culture.”