Shares of the Calgary-based oil-sands giant dropped around two per cent Monday, extending last week’s fall. Suncor CEO Mark Little announced his immediate resignation on Friday, one day after the company reported another fatality at its northern Alberta mining operations. (The Logic)

Talking point: Suncor, a long-time darling of the oil-sands sector, has been grappling with operational troubles that continue to weigh on its market valuation. That has attracted the attention of prominent U.S. activist fund Elliott Investment Management, which has called for a review of the company’s operational and safety standards and the placement of five independent board members. Elliott established its activist position in April, saying Suncor’s shares have lagged its main rival Canadian Natural Resources by 137 per cent, and that the company had suffered 12 fatal accidents since 2014—more than all of its oil-sands peers combined. Last week’s fatality, in which a 26-year-old man at Suncor’s Base Mine project died after he was struck by equipment, intensifies pressure on the company to improve its safety protocols.