Canada gives struggling oil sector C$1.6 billion boost

20 December 2018, News Wires — The Canadian government said on Tuesday that it would spend C$1.6 billion ($1.19 billion), mostly through loans, to assist the country’s oil and gas industry, which has struggled to move energy to U.S. markets due to full pipelines. Natural Resources Minister Amarjeet Sohi said in Edmonton, Alberta, that the aid … More »