21 April

Prime Minister Justin Trudeau speaks during Question Period in the House of Commons Monday April 20, 2020 in Ottawa. A limited number of MPs took part as Parliament resumed. In The News is a roundup of stories from The Canadian Press designed to kickstart your day. Here is what’s on the radar of our editors […]

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20 April

Volume 0% Canada’s oil and gas sector gets financial boost Caution recaptured world markets on Monday as a near 30% drubbing for U.S. WTI crude oil kicked off a busy week of data and earnings that will drive home the damage being inflicted by global coronavirus lockdowns. Europe’s stock markets made a groggy start, with […]

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20 April

A tanker truck drives past a pump jack in the Permian Basin area of Loving County, Texas, U.S., on Saturday, Dec. 15, 2018. Once the shining star of the oil business, gasoline has turned into such a drag on profits that U.S. refiners could be forced to slow production in response. , Angus Mordant/Bloomberg Oil […]

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17 April

Volume 0% WATCH ABOVE: Trudeau says it will be ‘significant’ amount of time before government considers easing border restrictions (April 16) OTTAWA — The federal government is rolling out financial help targeting hard-hit sectors of the economy, acknowledging that some companies need more help while others are slipping through the safety net of emergency COVID-19 […]

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17 April

Regional disparities in Canada’s COVID-19 crisis emerged with growing clarity on Friday, as some provinces celebrated relative success while the federal government rolled out new measures to help others still grappling with the pandemic. Government and medical officials said different parts of the country are experiencing the outbreak to varying degrees, with central provinces accounting […]

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17 April

123RF The federal government is rolling out financial help targeting hard-hit sectors of the economy, acknowledging that some companies need more help while others are slipping through the safety net of emergency aid. The combined package of spending and loans will target the oil and gas sector, small companies that haven’t been able to access […]

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17 April

The federal government announced Friday significant funding to help the oil and gas sector in Canada. Speaking outside his Ottawa residence, Prime Minister Justin Trudeau said the government will provide $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. Trudeau […]

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17 April

Volume 0% Alberta oil producers say more needs to be done to stabilize industry Canada’s largest oil and gas lobby group says the federal government should consider suspending dozens of environmental regulations, laws and policies due to the economic and public health crisis triggered by the COVID-19 pandemic. The Canadian Association of Petroleum Producers (CAPP) […]

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17 April

OTTAWA — The governor of the Bank of Canada says the central bank would have likely slashed its key interest rate in response to plunging oil prices, if that alone had been the only shock to the domestic economy. The cut might even have been to the current 0.25 per cent level it reached as […]

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16 April

Volume 0% Trudeau urges patience; “many weeks” until economy reopens OTTAWA — The governor of the Bank of Canada says the central bank would have likely slashed its key interest rate in response to plunging oil prices, if that alone had been the only shock to the domestic economy. The cut might even have been […]

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