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Sea to Sky stations would be part of Husky sale, says company

Husky Energy announces possible sale of 500 retail outlets and B.C. refinery
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Squamish Husky.

The Husky locations in the Sea to Sky, including the Cleveland Avenue station, would be part of the potential sale of its retail operations by Husky Energy, should that sale go ahead.

The company announced Jan. 8 it is reviewing its operations and may sell its 500 Canadian retail and commercial fuel businesses as well as its Prince George refinery.

“Our retail network and the Prince George refinery are excellent assets, with exceptional employees, which have made solid contributions to Husky over the years,” said CEO Rob Peabody in a news release.

“We expect the businesses will be highly marketable, attracting strong interest and valuations.”

The Calgary-based company plans to focus more on other areas of its business including its offshore assets in Atlantic Canada and the Asia Pacific region, the release states.

While company spokesperson Mel Duvall confirmed to The Chief that the sale would include Sea to Sky stations, he stressed it is only a potential sale, not a fait accompli.

"Yes, we anticipate the entire chain would be sold and that we would be exiting the retail business. Branded dealers — or independently owned — would operate for the purchaser," he said.

"I do need to stress though, that this is a potential sale. There is also the possibility that we could continue to operate the business as is."

Husky has been selling fuel to consumers since 1938 when it was founded as Husky Refining Company in Cody, Wyoming, according to the company's website.

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