CBC.ca | Cenovus loss widens to $472 million as oil company slashes spending plans CBC.ca "These are challenging times for the oil and gas industry," CEO Brian Ferguson said. "Cenovus is taking steps to ensure we remain strong during this market downturn. We have a solid foundation supported by great assets that provide us with the ... Canada's oil patch is under siege Cenovus to cut jobs, freeze hikes as losses deepen on oil price tumble Cenovus Energy Inc slashes staff by 15%, freezes pay in 'challenging times for ... |