Close X
Monday, January 27, 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

19-Year-Old Surrey Man Suspect Arrested After Cellphone Buyer Robbed During LetGo Transaction

19-Year-Old Surrey Man Suspect Arrested After Cellphone Buyer Robbed During LetGo Transaction
A 19-year-old man has been charged with robbery and use of an imitation firearm related to an alleged robbery linked to a popular on-line buy/sell application.

19-Year-Old Surrey Man Suspect Arrested After Cellphone Buyer Robbed During LetGo Transaction

Special Mediators Appointed In Coastal Forestry Dispute By Minister Harry Bains

Harry Bains, Minister of Labour, has appointed Amanda Rogers and Vince Ready as special mediators in the eight-month collective bargaining dispute between Western Forest Products and the United Steelworkers Local 1-1937.  

Special Mediators Appointed In Coastal Forestry Dispute By Minister Harry Bains

Surrey Gang Investigation: 18-Year-Old Drug Trafficker Arrested After Loaded Shotgun Seized

The Surrey RCMP Gang Enforcement Team has seized a loaded shotgun and paraphernalia consistent with drug trafficking following a search warrant at a residence in Guildford.

Surrey Gang Investigation: 18-Year-Old Drug Trafficker Arrested After Loaded Shotgun Seized

48-Year-Old Asian Man Arrested On Suspicion Of Sexual Assault At Surrey Massage Therapy Clinic

Surrey RCMP is advising the public of an on-going investigation of two alleged sexual assaults at a therapeutic clinic in Surrey.  

48-Year-Old Asian Man Arrested On Suspicion Of Sexual Assault At Surrey Massage Therapy Clinic

STUDY: Punjab Farm Crisis Fuels Massive Increase in Visa Applications to Study Abroad - WATCH

Study finds 70% prospective student visa applicants from farming families in Punjab.    

STUDY: Punjab Farm Crisis Fuels Massive Increase in Visa Applications to Study Abroad - WATCH

What’s Trending: 3711 Quarantined At Sea Following Corona Virus Outbreak in Princess Cruise Ship Off Japan Coast - VIDEO

Watch What’s Making News Today:

What’s Trending: 3711 Quarantined At Sea Following Corona Virus Outbreak in Princess Cruise Ship Off Japan Coast - VIDEO