Parkland Fuel Corp was incorporated on March 9, 2010 under the Business Corporations Act for the purpose of participating in the Arrangement. The Company is marketer and distributor of refined petroleum products, managing a nationwide network of sales channels for retail, commercial, wholesale and home heating fuel customers. The Company operates in three reportable segments, fuel and petroleum products, non-fuel commercial products and other non-fuel products. Its Fuel and petroleum products includes sales of gasoline, propane fuel, diesel, home heating oil, natural gas liquids, crude oil, heavy oil products, realized gain/loss on commodities forward contracts and US dollar forward exchange contracts. Non-fuel commercial includes sales of lubricants, fertilizer, various parts and commercial cartage charges. Other non-fuel includes convenience store sales, freight revenue, cartage charges to retail dealers and contract penalty revenue. The Company's brands include Bluewave Energy, Neufeld Petroleum & Propane, Island Petroleum, Columbia Fuels, Fas Gas Plus and Race Trac Gas.
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