Close X
Saturday, November 30, 2024
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

Anxious Canadians Await Federal Covid-19 Help As Quarantine Rules Tighten

Provinces reported hundreds of new cases on Wednesday, with 30 dead nationally. Quebec alone had 326 new cases and two more deaths, while Ontario reported 100 more cases — its largest single day jump.

Anxious Canadians Await Federal Covid-19 Help As Quarantine Rules Tighten

Hockey Gear Manufacturer To Switch From Protecting Players To Medical Staff

Hockey Gear Manufacturer To Switch From Protecting Players To Medical Staff
MONTREAL - Canadian hockey equipment manufacturer Bauer is offering to modify its production line to make protective visors for doctors, nurses and first responders.

Hockey Gear Manufacturer To Switch From Protecting Players To Medical Staff

Help Is On The Way: Trudeau's Emergency Benefit To Provide $2000 A Month For 4 Months To Help Workers Affected By COVID-19

The CERB would be a simpler and more accessible combination of the previously announced Emergency Care Benefit and Emergency Support Benefit.

Help Is On The Way: Trudeau's Emergency Benefit To Provide $2000 A Month For 4 Months To Help Workers Affected By COVID-19

First Nations Health Authority Tailoring Its Messaging About COVID-19

First Nations Health Authority Tailoring Its Messaging About COVID-19
VANCOUVER - The public health communication about COVID-19 that's aimed at Indigenous communities should be tailored and take into account Indigenous experiences, say a health official and a researcher who work with First Nation and Metis communities.

First Nations Health Authority Tailoring Its Messaging About COVID-19

Math Modellers Say Lack Of Data Makes Curve Flattening Difficult To Predict

VANCOUVER - When Caroline Colijn sees the daily numbers of new cases of COVID-19 in Canada, she looks for certain things.    

Math Modellers Say Lack Of Data Makes Curve Flattening Difficult To Predict

Nova Scotia Auditor General Appointed To Same Post In British Columbia

Nova Scotia Auditor General Appointed To Same Post In British Columbia
VICTORIA - An all-party committee of the B.C. legislature is recommending that Nova Scotia's auditor general be appointed to the same position in the Western province.

Nova Scotia Auditor General Appointed To Same Post In British Columbia