Close X
Tuesday, January 28, 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

Saskatchewan Lab Joins Global Effort To Develop Coronavirus Vaccine

SASKATOON - As Canadian public health agencies prepare to deal with a new viral illness, a specialized lab in Saskatoon is using its research on different strains of the coronavirus to help develop a vaccine.

Saskatchewan Lab Joins Global Effort To Develop Coronavirus Vaccine

Ontario Landowners Sign Deal With Agency Looking To Store Used Nuclear Fuel

Ontario Landowners Sign Deal With Agency Looking To Store Used Nuclear Fuel
The agreement with the Nuclear Waste Management Organization leaves South Bruce as one of two possible sites for a deep geological repository, along with an area near Ignace in northern Ontario.

Ontario Landowners Sign Deal With Agency Looking To Store Used Nuclear Fuel

One Body Found As Police Search For Missing French Snowmobilers For Third Day

One Body Found As Police Search For Missing French Snowmobilers For Third Day
Quebec provincial police say they've found the body of one of the five missing snowmobilers from France in the province's Lac-Saint-Jean region.

One Body Found As Police Search For Missing French Snowmobilers For Third Day

Canadian Aid Worker's Child-Sex Conviction In Nepal Upheld; Sentence Cut

Canadian Aid Worker's Child-Sex Conviction In Nepal Upheld; Sentence Cut
A prominent Canadian aid worker in Nepal has lost his appeal of a conviction for sexually assaulting two children but saw his sentence cut by one year to eight, members of his legal team said on Friday.    

Canadian Aid Worker's Child-Sex Conviction In Nepal Upheld; Sentence Cut

Hamilton Police Looking For Two Suspects After Seven-Year-Old Boy Shot At Home

Hamilton Police Looking For Two Suspects After Seven-Year-Old Boy Shot At Home
Hamilton Police Det. Sgt. Jim Callender said the boy is in stable condition after being struck by at least one bullet fired from the back yard of the home just before 8 p.m. on Thursday.

Hamilton Police Looking For Two Suspects After Seven-Year-Old Boy Shot At Home

Man Wants Sexual Assault Conviction Overturned In Light Of Appeal Court Ruling

Man Wants Sexual Assault Conviction Overturned In Light Of Appeal Court Ruling
One of two men convicted in a high-profile sexual assault trial in Toronto filed a notice of appeal on Thursday, referencing the Court of Appeal for Ontario ruling released that same day.

Man Wants Sexual Assault Conviction Overturned In Light Of Appeal Court Ruling