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View Seamus O'Regan Profile
Lib. (NL)
Mr. Chair, first of all, let me say that I am keenly aware of the repercussions of the dual crises on the oil and gas industry. It's not only the crisis of demand and destruction, caused by the fact that we didn't fly for this meeting—none of us took planes—and that people obviously aren't driving nearly as much. Plus, we have a crisis that was initiated by the price war with Saudi Arabia and Russia, and we are dealing with that on an international level.
I live in Newfoundland and Labrador, a province that is even more exposed to oil and gas royalty reductions and price instability.
[Technical difficulty—Editor] that we will be working with the Department of Finance to make sure liquidity measures are rolled out as quickly as possible.
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