Petro-Canada is a retail and wholesale marketing brand subsidiary of Suncor Energy. Until 1991, it was a crown corporation of Canada (a state-owned enterprise), headquartered at the Suncor Energy Centre in Calgary, Alberta. In August 2009, Petro-Canada merged with Suncor Energy, with Suncor shareholders receiving approximately 60 percent ownership of the combined company and Petro-Canada shareholders receiving approximately 40 percent. The company retained the Suncor Energy name for the merged corporation and its upstream operations. It continues to use the Petro-Canada brand nationwide, except in Newfoundland and Labrador, for downstream retail operations.
Petro-Canada