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View Bill Morneau Profile
Lib. (ON)
View Bill Morneau Profile
2020-04-11 14:18 [p.2122]
Mr. Chair, the answer to that is unequivocally no. What we are seeing today, first of all, is that there is enormous support right now, today in this legislation, that would go to all sectors of the economy, including the energy sector. It is a $73-billion package that would provide wage subsidies to employees across the country, including those companies that are actually in the energy sector.
Of course, as all of us know, there are also many small businesses in the energy sector as well and those businesses have access to $40,000 of credit, 25% of which can be forgiven under certain terms. Additionally, we are looking at other things we can do for the energy sector and we are looking forward to talking about that in the future.
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