A health care worker runs across University Avenue from Mount Sinai Hospital to Toronto General Hospital as the number of the coronavirus disease cases continues to grow in Toronto, Ontario, Canada April 17, 2020. REUTERS/Carlos Osorio
“Our goal is to create immediate jobs in these provinces while helping companies avoid bankruptcy and supporting our environmental targets,” he told reporters, saying the measures would maintain 10,000 jobs. Alberta Premier Jason Kenney thanked Trudeau and said Ottawa was still looking at backstops to enable access to commercial borrowing rates for “sideswiped” industries of energy, aviation and tourism. He estimated the need for liquidity at C$15 billion to C$30 billion.
Funding to clean up orphan wells - those without a legal owner - is welcome news for farmers who lease land to oil companies, said Todd Plandowski, owner of a company that negotiates the agreements.Trudeau also said Ottawa would give C$962 million to regional development agencies to help small businesses and invest C$500 million to support arts, culture and sports.
British Columbia released its most recent forecast model, showing that the number of hospitalizations due to the coronavirus is leveling off.Slideshow