Shell Acquiring Calgary-Based ARC Resources for $22B: Employee Rights
Is Shell Acquiring a Canadian Energy Company?
Yes. ARC Resources (ARC) announced on July 14, 2026 that its shareholders have voted in favour of Shell’s $22-billion acquisition of the Calgary-based energy company.
Our Sale of Business Guides for Alberta, British Columbia (BC), and Ontario break down everything that non-unionized employees need to know.
“Subject to [court approval], as well as certain other remaining regulatory approvals and the satisfaction of other customary closing conditions, the [acquisition] is expected to close in the second half of 2026,” ARC said in a news release.
“ARC Shares are expected to subsequently be delisted from the Toronto Stock Exchange.”
If Shell is given the green light, it will be able to access the company’s Montney shale formation. In 2025, the site produced approximately 374,000 barrels of oil equivalent per day.
More Acquisition News
• Fox Adding Roku to Portfolio in $22-Billion Deal
• Rogers Acquiring Outstanding MLSE Stake for $4.35 Billion
Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and SHOULD NOT be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.
About the Author
Lior Samfiru
Lior Samfiru is a Founding Partner at Samfiru Tumarkin LLP and the Practice Leader of the firm’s Labour & Employment Law Group. Known for his advocacy and success representing both employees and employers, Lior exclusively serves clients in Ontario, where his extensive experience has made him one of Canada’s most sought-after employment lawyers.
More about Lior SamfiruRelated Posts
Bank of Canada Holds Interest Rate at 2.25% in July 2026: Employee Rights
Insights on the Bank of Canada's July interest rate decision and how it could affect employment in the country.
Meta Facing Lawsuit for Allegedly Using AI to Axe Workers with Disabilities
A closer look at the allegations and next steps for Canadians who believe their termination was discriminatory.
Hiring Managers Being Warned to Watch for “Skill Fishing” in Résumés
A closer look at recent research by Skillsoft and what Canadians need to do before accepting a job offer.