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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (78863)	3/4/2020 8:11:17 AM
From: Goose94	Respond to of 202700

Economics of Happiness "Gross Domestic Product" TVO Agenda

To: Goose94 who wrote (78863)	3/20/2020 7:58:12 AM
From: Goose94	Read Replies (1) \| Respond to of 202700

Prime Minister Justin Trudeau: Federal government is preparing a multibillion-dollar bailout package for Canada's oil and gas sector that is expected to be unveiled early next week. A triple-bylined item led by Robert Fife says that the oil and gas sector can expect to get more access to credit, especially for struggling small and medium-sized operations, and significant funding to create jobs for laid-off workers to clean up abandoned oil and gas wells. One senior Alberta source said the province is expecting Ottawa to provide $15-billion in relief to an industry that has been hammered by the COVID-19 crisis and the price war between Saudi Arabia and Russia that has cratered oil prices and energy-company stocks. ARC Resources (ARX-T) founder Mac Van Wielingen said Alberta should immediately look at deferring or forgiving royalty payments for oil and gas companies, and cutting property and other taxes and fees. "The only way we can create more liquidity is to reduce current costs," said Mr. Van Wielingen, who has also been named to a special Alberta panel to tackle the crisis. "We also need the banks to back off in terms of principal repayments and interest payments for say, six months."