Imperial Oil Downsizing
Oct 6, 2025
1 min read
Imperial Oil is moving ahead with plans to downsize as part of a broader restructuring effort. The company says the changes are aimed at streamlining operations and responding to market pressures.
The implications for Calgary are significant. Large-scale workforce adjustments and operational shifts in the energy sector ripple into commercial real estate—affecting office demand, subleasing activity, and broader economic stability.
Source: CBC News, “Imperial Oil downsizing,” Sept. 30, 2025.
