Close X
Wednesday, January 8, 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

Allan Schoenborn Case Returns To B.C. Review Board For Annual Hearing

The British Columbia Review Board is considering whether a psychiatric hospital director should have the discretion to allow limited, unescorted access into the community for a man who was found not criminally responsible in the killing of his three children.

Allan Schoenborn Case Returns To B.C. Review Board For Annual Hearing

Second B.C. Care Home Reports COVID-19 Cases As Officials Prepare For Worse

A resident and a worker at a retirement home in West Vancouver have both tested positive for COVID-19, marking the spread of the novel coronavirus to a second care home in British Columbia.

Second B.C. Care Home Reports COVID-19 Cases As Officials Prepare For Worse

World Women's Curling Championship In Prince George Cancelled

World Women's Curling Championship In Prince George Cancelled
Adrian Dix, Minister of Health, and Dr. Bonnie Henry, B.C.'s provincial health officer, have issued the following joint statement regarding the World Women’s Curling Championship in Prince George:  

World Women's Curling Championship In Prince George Cancelled

Mountie In Richmond, B.C., Charged After Indecent Acts Investigated In Vancouver

Mountie In Richmond, B.C., Charged After Indecent Acts Investigated In Vancouver
An RCMP officer in British Columbia has been charged with 11 counts related to alleged indecent acts.

Mountie In Richmond, B.C., Charged After Indecent Acts Investigated In Vancouver

B.C. RCMP And Coroner Seek Information About Man One Year After Body Found

B.C. RCMP And Coroner Seek Information About Man One Year After Body Found
RCMP and the British Columbia Coroners Service are asking for help identifying an unknown man one year after his remains were discovered.

B.C. RCMP And Coroner Seek Information About Man One Year After Body Found

'Riverdale' Production Halts In Vancouver Due To Novel Coronavirus Concerns

'Riverdale' Production Halts In Vancouver Due To Novel Coronavirus Concerns
Warner Bros. Television says the Vancouver-based production of teen drama "Riverdale" has been halted until further notice.

'Riverdale' Production Halts In Vancouver Due To Novel Coronavirus Concerns