Close X
Tuesday, January 14, 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

Ripple Effect On Canadian Immigration Likely From Trump's New Visa Restrictions

Ripple Effect On Canadian Immigration Likely From Trump's New Visa Restrictions
OTTAWA - U.S. President Donald Trump's decision to slap visa restrictions on six new countries could affect immigration flows to Canada, if history is any indication, as those caught up in the changes find new reasons to come here.    

Ripple Effect On Canadian Immigration Likely From Trump's New Visa Restrictions

Report Tells Health Canada To Rethink Funding In Opioids Fight

OTTAWA - How governments fund the country's fight against the opioid crisis might explain "a lack of progress" on the issue, say newly disclosed documents on an alternative Health Canada is considering.    

Report Tells Health Canada To Rethink Funding In Opioids Fight

Canadians Returning From Wuhan To Be Quarantined In Motel At CFB Trenton

While Hajdu said she believes Canadians evacuated from Wuhan will be "very grateful to come home," she noted their return might not be easy.    

Canadians Returning From Wuhan To Be Quarantined In Motel At CFB Trenton

Westjet Flight From Toronto To Jamaica Turns Back Following Coronavirus Hoax, Man Charged

Westjet Flight From Toronto To Jamaica Turns Back Following Coronavirus Hoax, Man Charged
TORONTO - A WestJet flight from Toronto to Jamaica had to turn back Monday after the airline says a passenger made an "unfounded claim regarding coronavirus."    

Westjet Flight From Toronto To Jamaica Turns Back Following Coronavirus Hoax, Man Charged

Retired RCMP Officer Charged In Slaying Of Quebec Couple North Of Ottawa

Retired RCMP Officer Charged In Slaying Of Quebec Couple North Of Ottawa
VAL-DES-MONTS, Que. - A retired RCMP officer has been charged with murder in the deaths of two tenants at his home in the western Quebec community of Val-des-Monts.

Retired RCMP Officer Charged In Slaying Of Quebec Couple North Of Ottawa

Trump Sure To Claim Victory On USMCA, Impeachment In State Of The Union Speech

Trump Sure To Claim Victory On USMCA, Impeachment In State Of The Union Speech
Still, there are two safe bets: a victory lap on trade, with plenty of crowing about the U.S.-Mexico-Canada Agreement, and more than a few volleys at the president's political rivals.

Trump Sure To Claim Victory On USMCA, Impeachment In State Of The Union Speech