Close X
Sunday, January 12, 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

BC NDP Claims Andrew Wilkinson Delayed Surrey Hospital By Selling Land

John Horgan’s BC NDP government acquired land in Cloverdale for a new Surrey Hospital after BC Liberal Leader Andrew Wilkinson sold property originally set aside for a much-needed hospital.

BC NDP Claims Andrew Wilkinson Delayed Surrey Hospital By Selling Land

Human Brain Mailed From Toronto In Canada Post Shipment To Wisconsin Seized At U.S. Border

U.S. Customs and Border Protection (CBP) officers seize human brain in international mail at Blue Water Bridge in Port Huron last week.

Human Brain Mailed From Toronto In Canada Post Shipment To Wisconsin Seized At U.S. Border

VIDEO: Inside Surrey's First Indoor Cricket Academy

Future for the sport looks promising as DARPAN team toured the first and only indoor cricket training facility - Stallions Cricket centre & Passionate Cricket Academy in the city.

VIDEO: Inside Surrey's First Indoor Cricket Academy

Deal or No Trade Deal - Trump's 'Developed' Country India Visit

Trump's India Visit - Is there a possibility of an Exclusive Trade Deal with India

Deal or No Trade Deal - Trump's 'Developed' Country India Visit

Departure Date Of Plane For Canadians On Cruise Ship Yet To Be Confirmed: Officials

When a government-chartered plane can carry Canadians home from a coronavirus-stricken cruise ship in Japan is yet to be confirmed, says Global Affairs.    

Departure Date Of Plane For Canadians On Cruise Ship Yet To Be Confirmed: Officials

Via Rail Lays Off 1,000 Employees Temporarily As Blockades Drag On

Via Rail Lays Off 1,000 Employees Temporarily As Blockades Drag On
MONTREAL - Via Rail says it is temporarily laying off 1,000 employees due to blockades that continue to halt service on CN tracks in Eastern Canada.    

Via Rail Lays Off 1,000 Employees Temporarily As Blockades Drag On