Close X
Thursday, January 16, 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

Volkswagen Pleads Guilty To All Canadian Charges In Emissions-Cheating Scandal

The German automaker and the Crown submitted an agreed statement of facts in a Toronto court, acknowledging the company imported 128,000 Volkswagen and Audi vehicles, along with 2,000 Porsches, that violated the standards.    

Volkswagen Pleads Guilty To All Canadian Charges In Emissions-Cheating Scandal

Feds, Ontario Sign Funding Deal For French-language University In Toronto

An agreement signed today says the two will spend $126 million on the project over eight years.

Feds, Ontario Sign Funding Deal For French-language University In Toronto

One Dead, Five French Tourists Missing After Snowmobiles Break Through Ice In Quebec

One Dead, Five French Tourists Missing After Snowmobiles Break Through Ice In Quebec
Police say the victim — a 42-year-old Quebec man who was serving as a guide to a group of eight tourists from France — died several hours after being admitted to hospital.

One Dead, Five French Tourists Missing After Snowmobiles Break Through Ice In Quebec

Incompetent Ontario Doctor Who Twice Sent Dying Infant Home Loses Licence

Incompetent Ontario Doctor Who Twice Sent Dying Infant Home Loses Licence
A family doctor who sent a dying infant home with instructions to give him water and juice with vitamin C and who failed to report criminal driving convictions has been stripped of his medical licence.

Incompetent Ontario Doctor Who Twice Sent Dying Infant Home Loses Licence

Rookie Ontario MP Derek Sloan Says He's Running For Conservative Leadership

OTTAWA - A rookie MP from Ontario says he's going to enter the Conservative leadership race.

Rookie Ontario MP Derek Sloan Says He's Running For Conservative Leadership

B.C. Health Officials Prepare Coronavirus Diagnostic Test, Screen At Airports

Minister Adrian Dix and Dr. Bonnie Henry say in a joint statement there have been no cases of illness caused by the coronavirus in Canada and the risk to British Columbians is considered low.

B.C. Health Officials Prepare Coronavirus Diagnostic Test, Screen At Airports