Close X
Thursday, January 9, 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

Vanderhoof Police Investigate Suspicious Death

Vanderhoof Police Investigate Suspicious Death
On Monday March 9 2020 at approximately 1:57 PM, Vanderhoof RCMP were called to a local residence for a check well-being call.

Vanderhoof Police Investigate Suspicious Death

Richmond RCMP Seek Witnesses After Assault Leads To ‘Significant Head Wound

The Richmond RCMP are seeking witnesses to an alleged assault that took place around 5:30 am on Saturday March 7, 2020.

Richmond RCMP Seek Witnesses After Assault Leads To ‘Significant Head Wound

Amnesty International Raises Greta Sticker In Letter To Trudeau, Premiers

CALGARY - Amnesty International says a suggestive decal appearing to show teenage climate activist Greta Thunberg raises wider human rights concerns.    

Amnesty International Raises Greta Sticker In Letter To Trudeau, Premiers

Federal Liberals To Deliver 2020 Budget On March 30, Morneau Says

Finance Minister Bill Morneau says the federal Liberals will deliver the 2020 budget on March 30.

Federal Liberals To Deliver 2020 Budget On March 30, Morneau Says

After Shooting At Abbotsford Residence, 23-Year-Old Male Suspect In Distress Arrested

After Shooting At Abbotsford Residence, 23-Year-Old Male Suspect In Distress Arrested
After an hour of dialogue, the 23-year-old male surrendered to police without incident; from there he was taken to hospital for medical assessment and subsequently released into police custody.

After Shooting At Abbotsford Residence, 23-Year-Old Male Suspect In Distress Arrested

Burnaby RCMP Drug Seizure Disrupts 'Dial-A-Dope' Operation

On Sunday March 1, 2020, at 8:30 p.m., a Drug Section officer was conducting proactive patrols in the 6500-block of Burlington Avenue.

Burnaby RCMP Drug Seizure Disrupts 'Dial-A-Dope' Operation