Close X
Friday, January 10, 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

Teacher Recruitment and Retention Strategy: An Investment of $2.2 Million in British Columbia

While in Victoria, the Honourable Mélanie Joly, Minister of Economic Development and Official Languages, accompanied by the Honourable Rob Fleming, British Columbia’s Minister of Education, confirmed financial support 

Teacher Recruitment and Retention Strategy: An Investment of $2.2 Million in British Columbia

Legislation Introduced To Transform ICBC, Deliver Lower Rates

Legislation has been introduced to transform ICBC, deliver lower auto-insurance rates and dramatically improve care benefits, making ICBC more accountable to British Columbians.    

Legislation Introduced To Transform ICBC, Deliver Lower Rates

Railway Crossing Advisory Signs To Help Reduce Traffic Congestion

Six new digital railway crossing signs are now live, helping reduce travel delays for drivers in the City of Langley, Township of Langley and Surrey.

Railway Crossing Advisory Signs To Help Reduce Traffic Congestion

Quick Actions Of Frontline Officers Result In Arrest Of Male Breaking Into Vehicles

Officers located a suspect sitting inside a vehicle he had allegedly just broken into. In addition, several other vehicles in the parkade were found with smashed-out windows.    

Quick Actions Of Frontline Officers Result In Arrest Of Male Breaking Into Vehicles

City of Vancouver Releases 2019 Statement Of Financial Information

In accordance with the Financial Information Act, the City of Vancouver has prepared its annual Statement of Financial Information (SOFI) Report which can be viewed online.

City of Vancouver Releases 2019 Statement Of Financial Information

Kelowna RCMP Seize Cash And Alleged Illicit Drugs In Warrants

Kelowna RCMP Seize Cash And Alleged Illicit Drugs In Warrants
These warrants were related to an active criminal investigation into suspected drug trafficking in the area.    

Kelowna RCMP Seize Cash And Alleged Illicit Drugs In Warrants