What does $1.6B in federal cash mean for the oil and gas sector? - a podcast by CBC Podcasts
from 2021-01-31T22:10:42.023393
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"People are frustrated and they're upset and frankly, they're scared," says CBC business correspondent Peter Armstrong about workers in the oil and gas industry following months of record-low oil prices. On Tuesday the Canadian government announced a $1.6 billion support package for the struggling energy sector. Today on Front Burner, Armstrong explains what's at stake for Canada's oil patch and breaks down how far the funds will really go.
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