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View Seamus O'Regan Profile
Lib. (NL)
Madam Chair, the Alberta finance minister, Travis Toews, said in a LEEFF announcement that in combination with earlier measures for small and medium-sized companies, it represented an expression of confidence in our industries.
It is essential that we support our oil and gas sector as it suffers through these two crises—as I said, the impact of COVID, and then on top of that, the effect of a global price war.
We opened up applications for liquidity measures as the Canadian Association of Petroleum Producers asked. Their top five asks were all liquidity.
We supported small and medium-sized players essential to the supply chain, who make up 85% of the jobs in that sector, and then we announced liquidity made available to our larger players through the LEEFF program. We will continue to work with industry and—
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