Close X
Monday, December 2, 2024
ADVT 
National

Kenney Worried Layoffs Coming As Oil And Gas Sector Struggles With Coronavirus

Darpan News Desk, 11 Mar, 2020 08:28 PM

    CALGARY - Premier Jason Kenney says time is of the essence as he takes demands for more aid to Alberta businesses to the first ministers meeting in Ottawa this week.

     

    Kenney spoke to reporters this morning before departing on a flight from the Calgary International Airport.

     

    He said Alberta needs the federal government to have the province's back during a time of economic crisis — similar to how Ottawa helped the auto sector during the global financial crisis in 2008 and 2009.

     

    Kenney said he's been talking with energy leaders and the CEO of WestJet, and the current economic uncertainty as a result of the novel coronavirus outbreak and plunging oil prices is likely to mean layoffs.

     

    He said many oil and gas companies have acted to deal with an ongoing downturn in the industry and some may not survive another financial disaster.

     

    Kenney said he is going to the meeting with several actions he says are needed to help protect the economy.

     

    MORE National ARTICLES

    RCMP Helping Ukrainian Investigation Into Iran's Downing Of Flight PS752

    OTTAWA - The RCMP is helping Ukrainian authorities in a criminal investigation of the downing of Flight PS752, Foreign Affairs Minister Francois-Philippe Champagne says.

    RCMP Helping Ukrainian Investigation Into Iran's Downing Of Flight PS752

    Ontario Liberals To Pick New Leader To Succeed Kathleen Wynne

    Ontario Liberals will gather this weekend to select their new leader, a person who will face the daunting task of whipping a decimated party back into fighting form in time for an election just over two years away.    

    Ontario Liberals To Pick New Leader To Succeed Kathleen Wynne

    Gabriel Klein Found Guilty In Abbotsford Secondary School Stabbings That Killed 13-Yr-Old Student Letisha Reimer

    A judge has found a man guilty of second-degree murder and aggravated assault in an attack more than three years ago on two students at a British Columbia high school.

    Gabriel Klein Found Guilty In Abbotsford Secondary School Stabbings That Killed 13-Yr-Old Student Letisha Reimer

    Richmond, B.C. Man Arrested After Fire At Suspected Illegal Drug Lab

    Richmond, B.C. Man Arrested After Fire At Suspected Illegal Drug Lab
    Police have arrested a 30-year-old man. He is from Richmond and is known to police.

    Richmond, B.C. Man Arrested After Fire At Suspected Illegal Drug Lab

    Vancouver Police Arrest One Man In Yaletown Stabbing

    A 34-year-old man of no fixed address has been arrested following a stabbing near the seawall in Yaletown last evening. 

    Vancouver Police Arrest One Man In Yaletown Stabbing

    Taxi Industry To Benefit From Distance-based Insurance Product

    Regulatory changes introduced on March 5, 2020, by the provincial government will direct ICBC to offer a new insurance product for the taxi industry.    

    Taxi Industry To Benefit From Distance-based Insurance Product