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

Industry, Passengers Left Stranded As Anti-Pipeline Blockades Shut Rail Service

Industry, Passengers Left Stranded As Anti-Pipeline Blockades Shut Rail Service
Blockades set up by anti-pipeline protesters have forced Canadian National Railway Co. to shut down its entire network in Eastern Canada and Via Rail to cancel passenger service across the country.

Industry, Passengers Left Stranded As Anti-Pipeline Blockades Shut Rail Service

Pipeline Protests Expected Today, Governments To Meet With First Nations

Protests continue as political leaders look to negotiate solutions, while business leaders, opposition politicians and ordinary people call for immediate action to end the disruptions, which have already seen more than 80 arrests.

Pipeline Protests Expected Today, Governments To Meet With First Nations

Truckers, Police Combine Resources To Foil Alleged Heavy Equipment Thieves In B.C.

Truckers, Police Combine Resources To Foil Alleged Heavy Equipment Thieves In B.C.
KELOWNA, B.C. - The efforts of a few commercial truck drivers and multiple RCMP detachments in northern B.C. led to the recovery of a stolen piece of heavy equipment and the arrest of two suspects.    

Truckers, Police Combine Resources To Foil Alleged Heavy Equipment Thieves In B.C.

Police Arrest Ontario-Based Married Couple Accused Of Being 'Money Mules' In CRA Scam

Police Arrest Ontario-Based Married Couple Accused Of Being 'Money Mules' In CRA Scam
Investigators have charged an Ontario-based married couple they say acted as "money mules" in a mostly India-based phone and internet scam.    

Police Arrest Ontario-Based Married Couple Accused Of Being 'Money Mules' In CRA Scam

Canada Doesn't Tell Police What To Do, Trudeau Says Of Rail Blockades

MUNICH - Prime Minister Justin Trudeau says he has no plans to order the RCMP to end the blockades of vital rail links across the country.    

Canada Doesn't Tell Police What To Do, Trudeau Says Of Rail Blockades

Trudeau Tells U.S. Lawmakers He's Confident USMCA Bill Will Pass Commons

Trudeau Tells U.S. Lawmakers He's Confident USMCA Bill Will Pass Commons
Prime Minister Justin Trudeau said Friday before championing Canada's fight against mounting protectionism and the erosion of rules-based global institutions.

Trudeau Tells U.S. Lawmakers He's Confident USMCA Bill Will Pass Commons