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

Missing Person To Locate: 23-Year-Old Burnaby Woman SHIREENA DHILLON Not Seen Since January 10

Shireena is described as a 23-year-old South Asian female, 5’ 2 tall, slim build with long black hair.

Missing Person To Locate: 23-Year-Old Burnaby Woman SHIREENA DHILLON Not Seen Since January 10

Canada To Give $25,000 To Families Of Each Canadian Who Died On Flight PS752

"I want to be clear: we expect Iran to compensate these families," he said, but noted that could take time.

Canada To Give $25,000 To Families Of Each Canadian Who Died On Flight PS752

Federal Health Minister Says Too Early For Broad Drug Decriminalization

Canada's health minister says talk about decriminalizing drugs to deal with the country's ongoing opioids crisis is premature until people have enough help to fight their addictions.

Federal Health Minister Says Too Early For Broad Drug Decriminalization

CMHC Report Shows Speculation Tax Is Adding To Rental Supply: NDP

A new report from CMHC concludes that the NDP’s Speculation and Vacancy Tax contributed to an historic increase in condo units being used for long-term rental in Metro Vancouver.

CMHC Report Shows Speculation Tax Is Adding To Rental Supply: NDP

Man Charged For String Of Theft, Frauds Against Seniors In Lower Mainland

Mr. Quinnell was arrested by Vancouver Police Department on September 12, 2019, on an unrelated Canada-wide warrant, and has been held in custody since then.

Man Charged For String Of Theft, Frauds Against Seniors In Lower Mainland

After 16 Armed Robberies Across Metro Vancouver And The Fraser Valley, Two Male Suspects Arrested In Abbotsford

After 16 Armed Robberies Across Metro Vancouver And The Fraser Valley, Two Male Suspects Arrested In Abbotsford
Two men have been arrested following multiple armed robberies in multiple communities around the Lower Mainland from December through January.

After 16 Armed Robberies Across Metro Vancouver And The Fraser Valley, Two Male Suspects Arrested In Abbotsford