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

British Columbians Upset With THE PROVINCE Addressing Coronavirus As ‘CHINA VIRUS'

On February 5, 2020, The Province newspaper’s front-page headline said “2nd Chine Virus Case in B.C.’ This headline was seen as racist and discriminatory from members of the Chinese community in BC and others.

British Columbians Upset With THE PROVINCE Addressing Coronavirus As ‘CHINA VIRUS'

'Why Should You Trust ICBC And The NDP?', Ask BC Liberals

“With today’s announcement, the NDP just abolished your right to compensation for pain and suffering if you’re injured in a car accident,” said MLA Andrew Wilkinson, BC Liberal Leader.    

'Why Should You Trust ICBC And The NDP?', Ask BC Liberals

B.C. Father, Husband Wants Government Help For His Family In Wuhan, China

Monte Gisborne, who lives Metro Vancouver, is a Canadian citizen but his wife, Daniela Luo, and their daughter, Dominica Gisborne are permanent residents who are still in Wuhan, China.

B.C. Father, Husband Wants Government Help For His Family In Wuhan, China

'The Chill Is Real,' Canada's Ambassador To China Says Of Fraught Relationship

OTTAWA - Canada's ambassador to China says there is a chill in relations between the two countries since the People's Republic imprisoned two Canadians, but his top priority remains winning their release and resetting the relationship.    

'The Chill Is Real,' Canada's Ambassador To China Says Of Fraught Relationship

Strong Support For Expanding Access To Medically Assisted Dying: Poll

Strong Support For Expanding Access To Medically Assisted Dying: Poll
OTTAWA - A new poll suggests overwhelming support among Canadians for expanding access to medical assistance in dying.    

Strong Support For Expanding Access To Medically Assisted Dying: Poll

Premiers Bound For Washington To Celebrate USMCA, Beat Back Protectionism

Premiers Bound For Washington To Celebrate USMCA, Beat Back Protectionism
WASHINGTON - A delegation of premiers will be in Washington this weekend to buttress cross-border business ties with their American counterparts, hedging their bets at the dawn of a new and uncertain era of managed North American trade.    

Premiers Bound For Washington To Celebrate USMCA, Beat Back Protectionism