Posted April 18, 2020 10:27 am
1:37Alberta energy companies get ‘lifeline’ from feds
WATCH ABOVE: Alberta energy companies get ‘lifeline’ from feds
Trudeau will address Canadians from outside Rideau Cottage in Ottawa at 11 a.m., according to his official itinerary.
The prime minister announced new funding on Friday for parts of the economy that were hit particularly hard by the fallout of the COVID-19 pandemic.
A total of $4.2 billion was slated across several programs for sectors like the oil and gas industry, start-up businesses and the arts.
The federal government would be providing more than $2 billion in financial support for the oil and gas industry in British Columbia, Alberta and Saskatchewan primarily, with the funding going toward cleaning contaminated sites and meeting new federal regulations.
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