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Cenovus Energy cutting 15 per cent of staff and all pay raises

2015-02-12 17:48:00| Energy - Topix.net

This woman, known as Madame Butterfly has found a new sleeping spot in the alley near the old wooden bus shelter that was removed last December by the city. Cenovus Energy Inc. has lowered its 2015 capital budget to between $1.8 billion and $2 billion, which is about $700 million less than the previous estimate and more than 15 per cent below last year's spending levels.

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