“NEW”      Patented    HORIZONTAL    STANDING VALVE    Available TODAY!

Here's what Ottawa spent to help the energy sector survive COVID-19 — and here's where it went

Author: External Author |

Blog by Quick Silver Wireline

When the oilpatch was sideswiped by a pandemic and an international oil price war, a warning went out that the industry had been pushed onto "life support" as crude prices and company share values both plummeted.

Ottawa pledged to help, ultimately rolling out a variety of funding programs economy-wide — and some specifically for the oilpatch — in an attempt to get dollars flowing to the struggling sector and limit the damage.

Original Article Source Credits:   CBC News , https://www.cbc.ca/

Article Written By:  Kyle Bakx 

Original Article Posted on:  Dec 08, 2020

Link to Original Article:  https://www.cbc.ca/news/business/bakx-feds-oilpatch-pandemic-1.5829095

CLICK HERE TO READ THE FULL ARTICLE »



READ MORE BLOG ARTICLES

Top