Close X
Saturday, January 11, 2025
ADVT 
National

Liberals pledge financial aid to sectors of economy hit hard by COVID-19

Darpan News Desk The Canadian Press, 17 Apr, 2020 06:01 PM
  • Liberals pledge financial aid to sectors of economy hit hard by COVID-19

On Friday, the Liberals announced $1.7 billion to help clean up "orphaned wells" in oil-producing provinces, and a $750-million fund to cut methane emissions by providing loans to companies.

 Speaking outside his Ottawa residence, Prime Minister Justin Trudeau said the government expects all the spending to maintain 10,000 jobs across the country in the oil sector as it faces plummeting prices from decreased demand and a glut of global supply.

Trudeau added the government is going to provide $962 million to regional development agencies to help more businesses, particularly those that don't have relationships with traditional financial institutions. And he promised hundreds of millions of dollars in support for the arts and culture industries. 

 

 

MORE National ARTICLES

Diamond Princess Evacuees Arrive For Quarantine In Canada

OTTAWA - A plane carrying 129 Canadians and their families who have spent weeks confined to cabins aboard a coronavirus-stricken cruise ship in Japan landed on Canadian soil this morning.    

Diamond Princess Evacuees Arrive For Quarantine In Canada

Alice Munro Among Nobel Prizewinners Urging Trudeau To Deny Oilsands Project

Canadian author Alice Munro is among dozens of Nobel prizewinners urging Prime Minister Justin Trudeau to deny approval to a massive oilsands project in Alberta.    

Alice Munro Among Nobel Prizewinners Urging Trudeau To Deny Oilsands Project

Parts Of Prostitution Law Found Unconstitutional, Ontario Judge Rules

Parts Of Prostitution Law Found Unconstitutional, Ontario Judge Rules
In addition, Judge Thomas McKay said the ban on procuring sexual services also violates the charter.

Parts Of Prostitution Law Found Unconstitutional, Ontario Judge Rules

Ombudsman Calls For National Consultations, Plan For Supporting Veterans

Ombudsman Calls For National Consultations, Plan For Supporting Veterans
OTTAWA - The watchdog for Canadian veterans is calling for nationwide consultations to develop a much-needed vision and plan to support veterans and their families with all their needs.

Ombudsman Calls For National Consultations, Plan For Supporting Veterans

Trudeau Says Time For Blockades To End, Indigenous Leaders To Work With Government

OTTAWA - Prime Minister Justin Trudeau says after two weeks, barricades on rail lines and other major transportation routes have to come down.    

Trudeau Says Time For Blockades To End, Indigenous Leaders To Work With Government

Ottawa, Province, First Nations Sign Deal To Protect Southern Mountain Caribou

VANCOUVER - The federal and British Columbia governments and two First Nations have signed a long-awaited agreement to protect the endangered southern mountain caribou herds.    

Ottawa, Province, First Nations Sign Deal To Protect Southern Mountain Caribou