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

New Storm Would Dump Snow On B.C. Mountain Passes; Centre Warns Of Flood Risk

VANCOUVER - Travellers on many high mountain passes in British Columbia's southern Interior are being warned to expect winter conditions as Environment Canada posts snowfall warnings for those routes.    

New Storm Would Dump Snow On B.C. Mountain Passes; Centre Warns Of Flood Risk

Canadian, U.S. Fighter Jets Intercept Russian Aircraft Off Alaskan Coast

Canadian, U.S. Fighter Jets Intercept Russian Aircraft Off Alaskan Coast
OTTAWA - Military authorities say U.S. and Canadian fighter jets scrambled Monday to intercept two Russian reconnaissance planes travelling near the North American coast.      

Canadian, U.S. Fighter Jets Intercept Russian Aircraft Off Alaskan Coast

Warrant Issued For Father's Arrest, But Whereabouts Of Child Unknown

Child abduction warrant issued for father's arrest, but whereabouts of child unknown  

Warrant Issued For Father's Arrest, But Whereabouts Of Child Unknown

228 Canadians From Cruise Ship Grand Princess Begin Quarantine At CFB Trenton

Some 228 Canadians began a two-week quarantine at Canadian Forces Base Trenton, in Ontario, on Tuesday after being repatriated from a cruise ship that's had a cluster of novel coronavirus cases.    

228 Canadians From Cruise Ship Grand Princess Begin Quarantine At CFB Trenton

Environment Leaders Say Feds Need To Push Sustainability As Budget Nears

Environment Leaders Say Feds Need To Push Sustainability As Budget Nears
The executive director of the Climate Action Network Canada says she understands there will be a temptation to "double down on the status quo."    

Environment Leaders Say Feds Need To Push Sustainability As Budget Nears

International Travellers Banned From New Brunswick Schools For Two Weeks

International Travellers Banned From New Brunswick Schools For Two Weeks
Dominic Cardy sent a letter to parents Monday saying the precautionary measure — among the most aggressive taken by any province — also applies to school and early learning centre staff, volunteers and family members of students.

International Travellers Banned From New Brunswick Schools For Two Weeks