A pumpjack works at a well head on an oil and gas installation near Cremona, Alta., Saturday, Oct. 29, 2016. Alberta’s Orphan Well Association is warning that the financial failure of Calgary junior producer Houston Oil and Gas Ltd. leaves more than 1,400 wells without a responsible owner. THE CANADIAN PRESS/Jeff McIntosh

Trudeau says $1.7B coming for orphaned-well cleanups

Federal government is also creating a $750-million fund to cut methane emissions

Prime Minister Justin Trudeau says the federal government will support work in the oil and gas sector by spending $1.7 billion to help clean up “orphaned wells.”

He says restoring abandoned oil and gas wells is good for the environment, for landowners who have to contend with them, and for thousands of workers the effort will employ.

The federal government is also creating a $750-million fund to cut methane emissions.

Speaking outside his Ottawa residence, Trudeau says the government expects all the spending to maintain 10,000 jobs across the country.

He adds that the government is going to provide $962 million to regional development agencies to help more businesses, particularly those that don’t have relationships with traditional financial institutions.

And he’s promising hundreds of millions of dollars in support for the arts and culture industries through the Department of Canadian Heritage.

The Canadian Press

Like us on Facebook and follow us on Twitter.

CoronavirusEnvironment

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Comments are closed

Just Posted

QUIZ: Put your knowledge of Canada to the test

How much do you know about our country?

AGM takes centre stage

Lester Centre presented annual reports on June 24

Evictions to resume

Landlords with existing orders can file for enforcement on July 2nd

Province supports emergency preparedness in communities

It’s not ‘if’ an emergency will happen but ‘when’

Teachers run this town

Staff at PRMS complete a physical education of the city by walking each street in Prince Rupert

‘This year is unlike any other’: Trudeau delivers Canada day address

Sophie Gregoire Trudeau and the Prime Minister release video celebrating the national holiday

PHOTOS: Dual rallies take over Legislature lawn on Canada Day

Resist Canada 153 highlighted colonization and genocide, Unify the People called COVID a hoax

Gov. General honours Canadians for bravery, volunteer service

Five categories of winners presented on Canada Day

COVID-19: Should non-medical masks be mandatory in Canada?

New poll shows Canadians are divided on the rules around mandatory masks

‘A little bit scary for everybody’: Air passengers wary as new rules take effect

Masks or face coverings have been mandatory on flights since April 20

VIDEO: Prince William and Kate chat with B.C. hospital staff about COVID-19

Seven-minute video posted to Youtube on Canada Day

River centre says heavy rains could bring flooding to central, northeastern B.C.

Water levels are already unusually high and river banks can be extremely unstable

Most Read