Close X
Wednesday, November 27, 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

Task force to lead B.C. through pitfalls, recovery, of COVID-19 pandemic

VICTORIA — Premier John Horgan is creating an economic recovery task force to guide British Columbia through the COVID-19 crisis.The premier's office says 18 leaders from the government, business, labour, First Nations and the not-for-profit sector will guide B.C.'s economic response.

Task force to lead B.C. through pitfalls, recovery, of COVID-19 pandemic

B.C.'s provincial health officer says plan for virtual Easter, Ramadan, Passover

VICTORIA — British Columbia's top doctor says people who celebrate Easter, Passover, Ramadan and other religious holidays should plan now to safely participate virtually in their traditional ceremonies.

B.C.'s provincial health officer says plan for virtual Easter, Ramadan, Passover

Governments Start Looking At Longer-Term Measures To Slow Covid-19 Spread

Governments across Canada have begun implementing longer-term plans to fight the spread of COVID-19.    

Governments Start Looking At Longer-Term Measures To Slow Covid-19 Spread

COVID-19 Silver Lining: Experts Predict Innovation In Medicine, Education, Remote work

MONTREAL - Despite years of discussions between politicians and doctors, the Quebec government couldn't find a way to pay its general practitioners for phone and video consultations with patients.

COVID-19 Silver Lining: Experts Predict Innovation In Medicine, Education, Remote work

Goodale Appointed Special Adviser To Canada On Ukraine Airliner Crash In Iran

OTTAWA - Former Liberal cabinet minister Ralph Goodale has been named a special adviser to the Trudeau government into Iran's downing of a commercial airliner in January.    

Goodale Appointed Special Adviser To Canada On Ukraine Airliner Crash In Iran

New Ventilators Promised In Days As Industrial Response To Covid-19 Kicks In

OTTAWA - Millions of masks and thousands of ventilators have been ordered by the federal government to shore up the national stockpile of supplies needed to treat and fight COVID-19.    

New Ventilators Promised In Days As Industrial Response To Covid-19 Kicks In