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

Paid Leave For Workers Facing Domestic Or Sexual Violence

Up to five days of paid leave will be available for employees impacted by domestic or sexual violence, or parents of a child or dependent impacted by this kind of violence, thanks to new legislation.

Paid Leave For Workers Facing Domestic Or Sexual Violence

Surrey Mounties Looking For Man Unlawfully At Large

Surrey RCMP is asking for the public’s assistance in locating a man wanted for being unlawfully at large.

Surrey Mounties Looking For Man Unlawfully At Large

B.C. Supreme Court Hears Audio Tape Of Arrest At Murder Trial

B.C. Supreme Court Hears Audio Tape Of Arrest At Murder Trial
KELOWNA, B.C. - A man accused of second-degree murderer in West Kelowna, B.C., asked for a ride to the hospital after being found by police covered in blood and hiding in a dumpster, a court heard Tuesday.    

B.C. Supreme Court Hears Audio Tape Of Arrest At Murder Trial

3 More Coronavirus Cases In B.C., 33 People Now Infected In Canada

VICTORIA - Three more cases of the novel coronavirus have been confirmed in British Columbia, bringing the total number of people infected to 12 in the province.    

3 More Coronavirus Cases In B.C., 33 People Now Infected In Canada

Strike Possible By Saturday At Fairmont Empress Hotel In Victoria

Strike Possible By Saturday At Fairmont Empress Hotel In Victoria
VICTORIA - Workers have served strike notice at the Fairmont Empress, a well-known landmark hotel in Victoria.

Strike Possible By Saturday At Fairmont Empress Hotel In Victoria

Strike Possible By Saturday At Fairmont Empress Hotel In Victoria

Strike Possible By Saturday At Fairmont Empress Hotel In Victoria
VICTORIA - Workers have served strike notice at the Fairmont Empress, a well-known landmark hotel in Victoria.

Strike Possible By Saturday At Fairmont Empress Hotel In Victoria