we have colleagues who are meant to be joining us by teleconference but we will begin now in the optimistic hope here they are okay beautiful Bonjour a male seed Rosetta join a new or shortly certainty of song celebrant AK sets and the semen calmly co-chair of the dogs allocated equally nian com1 dotrice el abuelo hamid and uncle cudjo geriatric lair say distancia new new host on a llamas on a continuum de práctica la distance the distance of physic and fell the protege knows that for share a know versa some people will be celebrating easter this weekend such as Orthodox Christians and Ukrainian Catholics like me others are celebrating Ramadan in a few days let me just take this moment to remind us all that we all need to stay at home and we must continue to practice physical distancing we're doing this to protect the people we love to protect our neighbours to protect our country all of us will need to find new ways may be virtual ways to celebrate these important holidays with our extended families and friends ok today we will hear from Canada's chief Public Health Officer dr.
Teresa Tam the Minister of Finance Bill Morneau who is joining us remotely the Minister of Natural Resources Seamus O'Regan also joining us remotely luminous voodoo pet women can again Stephen Gilbert key Assisi oregano lemon Eastwood the development economic aid a Long's officiel Melanie Joly for Sierra Club and the minister of innovation Science and Industry NAFTA pains who is joining us remotely as well also with us is the deputy chief Public Health Officer Lou dr.
Howard new unity CA a platform for of orchestra okay we begin with dr.
Tam please hello everyone Raja – tinnitus I begin with our usual update on the number of Kobe 9 cases in Canada there now 30 1407 cases including 1250 deaths for the lab testing we've completed tests for over five hundred and three thousand people with six percent confirmed positive with the recent slowdown in app epidemic growth case counts are not climbing as rapidly as they had been however due to the prolonged clinical course of the disease deaths have continued to climb as kovat 19 takes its devastating toll it creates a bit of a paradox where early in an epidemic we see a rapid growth of new infections but not so with deaths then as the epidemic begins to slow the deaths accumulates at a faster pace this is one of the reasons that earlier predicted desk can be underestimated but there are other reasons such as when kovat nineteen epidemic activity is introduced into settings where there are many older and more vulnerable people I cannot stress enough how important it is to protect these vulnerable settings and people this is a long-standing problem but it is now incumbent upon us to solve it by addressing all weak points in our system poor miss Delaine opal grey oval teeny account doing auto characteristic the lake loose you're on the cove it is nerve or Canada on affect the natural intensity the propagation Valley the owned what a lot or ope Yankel are majority the gas who comes on through to Joe Donnelly cut three grand province susana Quebec and Ontario he declare the blue gone on the card anymore awesome amo così o for prom the Monsieur de Santi Polly intensive pour met anthem la flambe prevenir the nouvelle occlusion and sweep LJ a Shane the transmission community post affair evitt a creek you truly can in the end will continue a race telomeres Oh a practical a distance Ian Sophie seek another feature of the Cobie 19 outbreak in Canada to be aware of as we measure our progress is a different character and intensity of spread depending on where you are in the country well there are four largest provinces continue to report the bulk of cases in Canada the highest case numbers have been coming out of Quebec in ontario recently at this important juncture intense Public Health efforts are needed to stamp out existing outbreaks prevent new outbreaks and trays and manage change of transmission in the community to get this done without slipping backwards all Canadians need to continue to stay at home and practice physical distancing or ears are perked for news of when and how we might get into an easing of these strict public health measures some areas will experience the epidemic slowdown earlier than others but no matter where we are in the country we've got to remember the Canadians are highly susceptible to the virus unless we all remain diligent in maintaining our new habits of physical distancing and good hygiene new outbreaks can be sparked anywhere at any time so remember this is not a sprint it is a marathon and there will only be unpleasant surprises if we quit early thank you okay thank you very much dr.
Tim and now we will hear from our Minister of Finance Bill Morneau bill please well thank you very much Christian it's good to be here with you even remotely today I think as you know and as Canadians know we've been very focused on on supporting people through the course of all the initiatives we've taken on an economic front and today is particularly important in that regard you've seen us put forward ways to support people with the can of emergency response benefit and the Canada emergency wage subsidy we know that some organizations have not been able to fully get access to those programs including the the business account for small businesses so today we're announcing a significant funding to help those small businesses in rural communities in particular that might not get access to the Canada emergency business account or might not be eligible to the Canada mergency wage subsidy we also know that among the places hardest hit in our country are the cultural sector the arts and the culture and the sports sector place an 18 v8 envied lasers pass invents and even Mencia film a le festival date if I brought a DiNapoli's can talent choose Canadian sauce on simpler laFonda a chance to City uncovered is enough for a organization cultural patrimony La Sportiva they are as knows artiste a athlete SWA financier Mon pote OG we're gonna put money towards the ability to support those organizations and the arts and culture and sports area that have not been able to get access to the Canada emergency business account or the Canada emergency wage support so that's funding that will go through heritage Canada that I know my colleague Steven Guilbeau will be talking about and then finally we know that there are many startup companies companies that are just getting going that might not be able to have access to the Canada mergency wage subsidy or the emergency business account so we're putting money in that regard as well towards those firms I know my colleague Ann Abdi Baynes will be talking about that we also recognize that there's there's a real importance to supporting jobs in parts of our country that have been particularly hard hit in Alberta and Saskatchewan and Newfoundland and Labrador so I'm very pleased to talk about some initiatives today that will support people in those in those regions in in particular in energy sector we've got importantly a program where we're going to provide significant support in Alberta in Saskatchewan and in British Columbia for the remediation of orphan wells orphan oil wells and abandoned oil wells so we'll be putting this forth funding directly to the oil wells association in Alberta and together with the government in Alberta and Saskatchewan and British Columbia supporting abandoned wells so that we can create employment and also deal with an environmental problem we're also moving forward on providing 750 million dollars in in loan to sue companies Alberta and Saskatchewan and Newfoundland and Labrador to reduce their methane emissions so it's going to create jobs and the same time allow us to reduce our environmental situation so we're trying to make sure that we're putting money somewhere that it will have the biggest impact both today and over the long term finally what we know is so important to especially two firms in the in the energy sector is that need access to credit so we're we're very pleased today to talk about credit on a commercial basis for midsize firms in the energy sector to help them to bridge through a really difficult time and be able to support their their business but also to support their employees so from that perspective what we're announcing today is is very much important for jobs supporting people across the country that might not get access to some of the programs we've announced and helping people in particular in the energy sector to have support so they can have jobs or create jobs that will be very helpful to places that are particularly hard-hit so with that Kristian I'll I'll say thank you and I look forward to if there's any questions and later okay thank you very much bill now we'll hear from our Minister of Natural Resources Seamus O'Regan Seamus please we can't hear Seamus Seamus we can't hear you have you turned on Katie perfect we can hear you now we can hear you now okay thank you so every day over the past few weeks I have been listening to workers and business owners and industry leaders in the energy sector and living here in Newfoundland and Labrador I know firsthand how hard Canada's petroleum industry has been hidden Canada is the fourth largest producer of oil in the world it is an industry that employs over 576 thousand Canadians from right across the country including 11, 000 indigenous workers it is an industry made up of more than 4, 500 businesses the vast majority of which are small and medium sized it's an industry facing not one two fundamental crises the impacts of kovat nineteen and a subsequent drop in global demand of 30 to 35% and the impacts of a price war between Russia and Saudi Arabia that flooded the market with underpriced product many of the measures that we have already announced they're helping energy companies and their workers including the Canada an emergency business account and the candidate emergency wage subsidy internationally we're working with the g20 the International Energy Agency and our us partners to bring price stability to the oil market today as bill pointed out we are doing more our goal here is twofold first it addresses the short-term liquidity needs of these companies this is what both industry and labor have told me is their most immediate priority firms will be able to stay afloat for workers to have jobs to come back to secondly to support the energy sectors transition to Net Zero we are providing funding in two areas cleaning up orphaned and inactive wells and reducing greenhouse gas emissions orphan and inactive well clean up offers an opportunity to put our highly skilled people to work right away in addition Natural Resources Canada will provide 750 million dollars to help companies invest in technologies that will help them reduce their methane emissions and 75 million dollars of this funding is particularly earmarked for capital investments and research geared towards emissions reductions in the offshore energy sector to make the Newfoundland and Labrador industry even more competitive internationally and we will continue to work over the weeks ahead on other ways that we can maintain our workforce and make them more competitive internationally Thank You Missy beaucoup back to you Christy okay Thank You Seamus a met knows you don't let that holo ministro de Potemkin again Stephen Gill both Stephen civil play see Christian lack of it is not a limo service not a public on bull their single cuts the German heavy demand a Cafe du Pont a superior de lima physical is Greenville regard and film enemies on tele visit planted as I believe one counters in exposition virtual many of us are following not only are artists but our favorite athletes who inspire us to get involved in sports yograj can add icons yonder devastate our economy so emilio de Cultura petrm one it is path no prophet Oh Mohamed area Suzie Sal Nicola Novi grass a la cerva la pasion Allah Tana the Government of Canada will provide 500 million dollars to establish a kovin 19 emergency support fund for cultural heritage and sports organizations the government's can adapt the block thanks a million dollar political reforms of Jones this news organs as you know they'd like you to respect him one it is par this targeted measure will provide financial support that is consistent with the government's existing kovat 19 support measures for waged and fixed costs for organization it will be administered by Canadian Heritage with the support of many of our partners such as the connect the Canada Council for the Arts the North Hawaii avec receptor blocker 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immortal Paulo city at reversal actress civilians are on the development anemic see a social mandate requirment proximity Onofre dunk the defender he alt economy diva if select reason Tom Cheetham cited Luca la the tragedy Lac Megantic Walker love the food for her the Fort McMurray donk Auto Jonesy only la both recently I had good discussions with business owners via different chambers of commerce from Surrey to charlatan and of course ask a tune and st.
John's and we know the crisis is hitting hard we heard many of the business owners anxieties and proud patience and we're we've heard them our main objective today is to make sure that we protect our main streets all across the country this is why we're answering the call by nearly doubling the budget of our different regional development agencies across this country from Atlantic Canada to Quebec Ontario the West and Norton Canada standards and territories the idea is to provide to businesses to support businesses that may be falling through the cracks and are playing vital roles within their communities we're doing also another thing by making sure that we're increasing the budget of our communities futures organizations that are key to our local businesses and the idea is to make sure that we support them well they're doing great work on the ground so the mission of the agencies is to make sure that they're the eyes and ears of the federal government on the ground and they're always there in times of crisis maybe to deal with the Fort McMurray fires or the LACMA cottage tragedy so today what we're saying to business owners across this country is we've got your back okay thank you very much Melanie and now we will hear from our minister of innovation Science and Industry now keeping no please thank you very much Christian in every industry and sector companies are stepping up to lend a hand wherever possible listen to please the Thule sector in the toolies industry support a lead the Canadian dollar measured the possible and today's announcement it's about the other side of that coin Canadian businesses and highly-skilled innovators that we will help in this period of uncertainty you know during the normal course of things one of the important rules of government is providing economic support to high potential innovative firms in the early stages of development especially in a country like Canada where science and innovation are our strengths time and time again these innovative small and medium sized companies become economic drivers for long-term growth in good quality jobs for all Canadians we sometimes call them the future gazelles of Canada's economy since they end up putting Canada leaps and bounds ahead of the competition now government is in a unique position of being able to protect these important companies and highly skilled people the employee through the National Research Council's industrial research assistance program called Huayra these innovative companies contribute disproportionately more to the success of the Canadian economy but right now many are facing real challenges because of the economic downturn resulting from colvin 19 they're looking at supply chain disruptions cash flow issues a collapse in demand and therefore an inability to maintain staff to perform research and development we've heard from the startup community that some of these early-stage firms do not qualify for the wage subsidy or business liquidity measures we've announced we've heard the call for help from this part of the Canadian business community and today we're answering it by injecting 250 million dollars into the industrial research assistance program this is an investment to protect Kanda's highly-skilled innovators this support will be targeted to companies identified as strategic to the Canadian economy impacted by covert 19 whether they are pre-revenue or not sister TIA Sara offers the fastest today was entreprise key song strategic oil economy do Canada I encourage any technology or innovation based business that is unable to access the current support measures to go on to the National Research Council's website today and they'll be able to sign up to be notified when the application opens early next week but today's announcement we expect to support over 1, 000 Canadian innovative firms and maintain 10, 000 Canadian jobs over the next three months funding will begin to be delivered within a matter of days when we support early-stage firms we're not only protecting the next generation of Canadian entrepreneurs but also the people they employ and we make sure kena's best technology and research stays in Canada thank you messy bucko thank you very much now and we're now ready to take your questions Thank You Deputy Prime Minister so as usual we'll start with three questions on the phone and turn to the room one question and one follow-up mr.
creavy about that Thank You Nancy our first question that Tanya gets now is from michelin muslim attic Hajduk another twist go ahead a flapper girl we don't show anyone missing hopefully will inevitably die so later with Ali epoxy culturally-specific people et cetera camasta believe a day customer to that secession spot see who let prospective much similar Muslim lady ha dong Cadiz organization and confronted sector return it'll practically decompose e Dominica organza citrus wash and esposa the Donohue the peasant developer County don't in the Saudis employee public le laasa realtor example a pretty appalled organizational cuts if these organizations passive national listen to the spa little is organs assume it's a sickly little sister company televisual Arkansas on and Amanda music donkey quickly is organization keepo kill the program conserve of dijon Orsini napoleon adapted contenido particularity sector they deserve that kill true its paw Micheline Oh sweetie polygamous beyond sukima saga function Allah will ad don't possible the volatility surface from da garage in helical LEP the Esper's capacity is also his lucky charm is impossible for him to disobey desire nor see it kept could easily Dhokla of here from America Murphy it's gonna feel it's organometallic Oda honest man second AG massive man Phyllis's yeah it was Audrey's confess occur on her style SSL pocket Basanti ketone aunty clutch a donk on see Treblinka present Mandela for example ass mm Salahi al on this impact X Nava ok the preserves on trapeze me and Raquel Kazan trapeze perform epoxy as a finis mother he don't listen to develop my economic Whitelaw it don't convey Punk Lisa V a leader development anemic don't occupy exam c-deck an unsuccessful Lapita lien mah leads fairness Odessa decently done it cryptid community part what have a lucky Becky a traveler be long-suffering host costs their own solitary Papageno reprints pal no no notes Baraka masala concepts as important I've dealt in of the movie melamine is passion custom Thank You Miffy our next question no pushin get film from Teresa Wright with the Canadian Press please go ahead of you at that guy's good morning dr.
Tam I'm wondering if you can tell us if there's any guidance for health workers and doctors on how aids like ventilators should be rationed if it comes to that and if anybody is working on any such guideline so this allocation of supplies that's a different framework and that is in collaboration with province and territories in terms of the supplies of ventilators that we have now on the ground physicians and and other health workers have to make some very difficult decisions sometimes if there was not enough ventilators or ICU beds so those guidance are have been put in place at the provincial and territorial level and certainly that flows down to the hospital level so that you have these and and they're drafted by a broad range of experts including ethicists and clinical and ICU and that I experts and health systems experts so that those difficult decisions can be facilitated at the time that they're needed yes and my fellow question is for men Minister Morneau many people on social assistance programs are surviving on less than people who are getting the CRB and many marginalized Canadians just can't access it so rather than continue to tweak it as you have been doing why not just make the CRB universal well thank you for the question I think it's important to acknowledge that there are certainly people who are experiencing real challenges we understand that what we've been trying to do through the course of this crisis period is to address the people who've lost their income who've lost their ability to continue to lead the life they were leading it before the crisis as a result of Cova 19 so so that's how we've directed our attention the good news is it's it's impacting the the measures we put forward are really having a big impact we've as you know seen literally millions more than 5 million people come on to the canid emergency response benefit we as of yesterday had more than 220, 000 small firms that applied the canid emergency business account so the measures we're taking or having a very very wide application and as you see today we are trying to make sure that for for places where in particular for businesses that employ people where they need additional support we're coming forward to make sure that we provide that support Thank You minister operator next question please Thank You Missy our next question that question gives film from ambassador Hall avocados tyranny please go ahead at leopard are we not oh I'm Judith who are here the same occasion he came upon a huge ed the military San Tan Valley Quebec and other nasty clergy McLain's young mistress here greedily for some mechanism keep out the thermal sensor personnel person kion deformation is Chelsea pure as the Spaniard nature problem or Nevada reconnaissance the large Tara station okay Becky on Ocasio Esther you're annoying the paracrine excitation polish detection surely some and French military SWAT deploy a corner somewhere till 2011 nasty publications exist yeah chief 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engine indeed a commune detection the Chris for Hawaii okay back Delacroix's a issues the been able talisca village just kasama mo Duru Cellini could say AB cinema sncl4 new to travei on a two particle above us you know avec lui back and face it haha ensemble may Java or C as you hi look a back like a bit quite lucky because could new complainer Luke John still a situation come from UM from oh the tragedy do last to SEO a new travel tried five four four to vilify sauce for a day like a bit quality because they are similar novice player – will not turn to the room staring with David korten CBC the woes in the oil and gas sector isn't going away anytime soon so some people are probably wondering is there any is there gonna be any more help that's gonna be on the way and can you maybe walk us through the range of things that you're you're thinking of minister mono Minister Regan I'm gonna just because with all the three people on screens it requires a little bit of traffic cop activity so I'm gonna turn to Sheamus first is that okay David that's fine okay Sheamus please Sheamus you need to turn your mic back on a lot of what a lot of what Bill has already put into place has had a very positive effect with the CER being with the wage subsidy particularly I mean what we're announcing today are very particular initiatives firstly what I've heard from all sides whether it be whether it be labor or whether it be industry everybody's talked about liquidity I remember my first meeting after the lockdown with the Canadian Association of Petroleum producers saying they're their top five priorities were liquidity liquidity liquidity liquidity liquidity so that that we understood to be a priority we heard the same from from workers so this is you know really important for small to medium sized businesses I think there's a perception that the industry of other measures talking about how we provide credit across medium-sized businesses and larger businesses and there's more for us to talk about that regard in coming days okay thank you and this question is from one of my colleagues we she's asking we know that contact tracing is important in the fight against the spread of kovat 19 Minister beans what discussions are you having at the federal level about using technology to facilitate that and are there any conversations about using cell phone data so thank you very much thank you very much for that question as we've indicated all options are on the table we're gonna deploy all the tools that we need to make sure we protect Canadians health and well-being right now we're focused on economic measures we are evaluating different solutions with respects to providing more information and Canadians on better practices to follow social distancing physical distancing making sure that they take those appropriate steps to keep themselves safe with respects to contact tracing we're looking at other jurisdictions we want to make sure that if we are moving forward in that area that we also deal with issues with respect to privacy in a meaningful way still early stages and we've engaged with a robust group of people across the country that are working on some early stage technology projects but we haven't made any final determination in terms of what we want to support and move forward with but we have incredible innovative companies across the country that are stepping up that are thinking through these challenges and we are engaged with them Thank You Minister Baynes Mike good morning dr.
Tim how would you characterize the colvett picture across the country and what accounts for the big regional differences saved between Quebec and the prairies in the Maritimes and stuff I think the majority cases I said in the four biggest jurisdictions perhaps not surprisingly and there's different variations in terms of the actual epidemiology however I would have to say that the long term care homes or senior residents outbreak is in a quite a number of them and that's what's driving some of the unfortunate increase in deaths so the bigger jurisdictions and particularly right now in Ontario and Quebec but I think the marked break as I said might have had some different resulted the difference in timing of some of the epidemic trajectory's some jurisdictions have implemented measures and that hasn't actually got community transmission so so that some of the smaller jurisdictions and the territories they've managed to pick up all the imported cases prevented armored transmission and the contact tracing so so they're actually quite different and this is for well I'll ask it and see who wants answer does this suggest that there's a different approaches we could take to restarting to the country depending on what province we're dealing with thanks for the question Mike and let me just say that that the question of the economic impact of the lockdown was absolutely discussed at the First Minister's on the First Minister's called with the Prime Minister last night and all of the Premier's shared the very diverse experience across the country and spoke both about the the diverse approaches people are taking to fighting the coronavirus and the call is very useful that way because people can share best practice and they spoke about the different places that they are in flattening the curve and about how that was shaping their own views about steps next steps to take what I will say is that we as a country of course need to understand that we are a huge huge country and therefore understandably very very diverse and as dr.
Tam has just said one thing we have in common though is every single Canadian has made a huge sacrifice already in fighting the coronavirus that sacrifice is starting to pay off as we heard from dr.
Tam earlier this week overall in the whole country it is possible to be I think as dr.
damp tampered it ever so slightly cautiously optimistic that we are achieving some kind of flattening what is so essential for us all is not to squander that achievement we have all paid too high a price already to throw it away and so what I can say on behalf of the federal government is we believe really strongly that we need to be really really careful really deliberate and really thoughtful about next steps above all let's remember that we've paid a really high price already and let's be sure that the sacrifices we have made are not wasted afternoon now this question is directed to Deputy Prime Minister Freeland and dr.
Tam with concerns with the lack of transparency from China the start of this outbreak the Cova Dean death toll in Wuhan has been increased by 50 percent in a recent revision from Chinese authorities how has the inaccuracy of the data and the suppression of information about the outbreak in China affected Canada's response to this crisis dr.
Tam start but then I'm happy to offer a response this one yeah I think I've just been made aware of the numbers and I think you know I'm really keen to learn further about what that means is such a rapidly evolving situation but I think it is important globally to understand the full spectrum of the illness so I think have no getting further clarification is important of course you know we we actually have to have that understanding from every country as much as possible so that it actually helps us with some of our actions going forwards yeah and I would just add to that that first and foremost the very difficult decisions that we have had to take as a country in response to this global pandemic are based first and foremost on Canadian data and on the Canadian reality and those are decisions taken by Canadian political leaders informed by the best expert advice we can get our job our primary job is fighting it here at home and we make our battle plans based what is happening on the ground here in Canada of course the actions that we take in Canada are informed by what we are seeing around the world and we consults including at a political level widely with colleagues and partners around the world our Minister of Health participates in a g7 health ministers call which is weekly I have spoken to the deputy prime minister of Singapore who happens to be a friend and I think the Singaporean experience is very valuable for us and then just the final thing I would add is because this pandemic poses such a threat to our country it is absolutely appropriate for our response to be informed by the best intelligence we can get and our response is informed by Canada's excellent intelligence experts who are a very important part of the work the government is doing and have been briefing the government and ministers and they of course work first and foremost with our closest security partners the five eyes NATO and NORAD and so the advice they give us is informed by the information shared and collected together by that community as to follow up just how is it best to move forward with all these things being what you just said right of course the the data now you're looking at from other countries Inc in China that relationship that you have with other countries when you're trying to combat a global pandemic are there any concerns that Chinese Chinese cooperation and lack of transparency or accuracy of information coming out of China you know could in any ways affect Canadian researchers that are cooperating with the lab in Wuhan for example in is there any concern about that in terms of combating the spread of this pandemic and devising ways to stop it I think global collaboration on scientific discovery and research is really important and and it can be in any way area like Diagnostics vaccines treatments so I do think that as much global collaboration as possible is important and in terms of our research I know that our colleagues at the Canadian Institute of Health Research really the way that our governments projects are funded is really based on peer review and our scientific process as independent so I think we have to rely on the scientific process itself as to whether projects are worthy of funding and I think and many projects actually involve many countries so there's quite a number of projects funded in Canada that involves not just China but multi multi country approach so I do think that we're going to get two solutions fast you still need that kind of construct but the bottom line is that they are peer-review scientifically validated before funding is provided thank you doctor well now turn back to the phone operator Thank You Massie our next question that passion gift Oh is from Mary vest an attic reservoir please go ahead your line is now open we don't know her gingka simple mature agini mr.
Mohan oh I guess I'll ask it isn't both languages sir again you I was wondering about what further help could come for the oil and industry many were asking and even expecting that the government do more for example but by taking equity shares into oil companies as the government did in 2008 with automobile companies I'm wondering if the government is considering that and if not why not and Minister Mellon oh I don't know what this was related to that but you sort of alluded to credit for medium businesses so I was wondering if you could elaborate on what you were suggesting Amos do you want to start and remember to unmute yourself yes it's it's open I've learned my lesson twice over Thank You Deputy Prime Minister I would just say that today was really the focus today was on workers I think that if you look at her initiatives in any sector or any any benefit we have we have changed over time I mean if Bill has has been making tweaks and changes to almost everything that we've introduced so nothing really quite looks the same because we need we're listening to Canadians we're listening to stakeholders and we're making changes we're needed today was really focused on workers in two in two fashions first of all liquidity to make sure that the companies that hire those workers remain intact so they can keep those workers and secondly with orphan and inactive Wells these are this is technical work highly skilled work that we think in um I don't think you've muted yourself but the technology is muting you Seamus let's pause for a moment okay I'm sorry Seamus we can't hear you here okay maybe try again when we said highly skate skilled workers that was the last phrase we heard yeah and speaking about whorfin and inactive wells yes I mean these are these are highly skilled workers that you know we think that you know we could employ upwards of 5, 000 people we'll be able to get them working right away because they're already deemed to be essential workers so and it has the added benefit obviously in an environmental benefit in cleaning up these in cleaning up these wells so it's it's in keeping with our environmental priorities and our commitment to connect zero okay thank you and maybe now bill would you like to answer the part of the question directed at you and there we go we see you know you the key the key thing that we've heard from from businesses across the country really is that they need access to credit we've got a particular challenge where businesses are either not operating or operating with significantly less revenue for a period of time and they need credit to get through that time so that's why we've come forward with today and is so appropriate for for businesses businesses don't want government taking equity in their business they want to find a way that they can continue in their into business operations so they can continue to have the opportunities both for their people and for their organization that they're seeking we've been working together as Seamus said with with organizations in the sector also speaking to people within the various provincial governments and we think this is is targeted appropriately it's credit it's on a commercial basis and it will allow businesses and businesses importantly in the energy sector that are that are critically important to jobs in Alberta Saskatchewan Newfoundland and Labrador to bridge this time to get to what we know will be a better time once we get through this crisis sounds like you weren't quite in agreement in your answers so I guess I'll ask it again in terms of the possibility of government by equity shares in oil companies it's sort of sound Minister Reagan like you were saying maybe am I correct in understanding that in what you were saying no I what I am saying is that we continue to listen to stakeholders to listen to their suggestions to listen directly to them I think myself and my colleagues spent most of our days doing that we've listened very carefully some things were able to do today I know in the case prints for instance was Newfoundland Labrador there are further initiatives that we're looking at to keep the industry competitive and we'll be working with them on that and I think I'd also like to take the opportunity to speak to just how constructive our relationship has been with with the provinces I enjoy very good relationships with energy ministers and natural resource ministers right across the country and Canadians should know how constructive they've been particularly the three energy ministers from the three oil and gas producing provinces new client Labrador Saskatchewan and of course Alberta they have been very very constructive and a lot of what we've been able to do we have been able to do together thank you ministers operator next question please Thank You Missy our next question that flesh and gift Joe is from Heather Schofield with the Toronto Star please go ahead if I could yes this is a question for ministers Morneau and over again I would like to clarify if I could about what exactly this enhanced liquidity is you've only heard some vague references to expanding the capacity of EDC and BBC but you know what R is it sector Pacific it's on a commercial basis but for on what basis exactly and is that is that the end of your help for distressed sectors at this point Heather started with Bill so why don't we start with Bill – bill please well thanks Heather so first of all the the broad picture we recognize that there are there are businesses across the country that need access to credits so so that is critically important the emergency business account is for the smallest of businesses the credit we've already put out over the course of the last few weeks through the Business Development Bank and and Export Development Canada is up to 12 and a half million dollars of credit for for small to mid-sized businesses what we're really talking today is about credit for those midsize businesses and we start with the energy sector where we know that as Seamus mentioned the challenges are very significant it's covered these enough Kovach 19 it's the challenge in the changing oil prices and it's the decrease in demand so these things together means that credit is very much needed for those those businesses that's why we've we've started there there will be more that we need to do for credit across midsize businesses across the country and that will be coming shortly Seamus is there anything you'd like to add just to reinforce the point that the the vast majority of workers in the oil and gas sector are and small and medium sized businesses whether it's contractors or drillers or producer smaller operators people who British drill bits and safety gloves right across the country so you know a focus on them is to focus on workers and ensuring that these companies remain intact so that these workers have jobs to come back to once we get through this okay so as a follow-up did you put put a number on on the expansion of the of the liquidity enhancements that you've done today and also you know is there a point at which you would tie lending or liquidity or help for the oil and gas sector to companies vowing to move to Net Zero bill why don't you start I think maybe how about it yeah there's really there's really those those are two I guess separate questions first of all with respect to the scale of the support it's going to be demand driven so we know that for firms in the energy sector they're going to need access to this credit we're not putting a limitation it's on a commercial basis but it's going to allow them to get through this challenge and with respect to two firms ability to get to a a more a reduction in their in their carbon footprint you're seeing us do specific things today that are going to have an import impact in the idea that we're allowing for firms to have access to repayable loans so that they can reduce their their methane emissions is critically important it's going to allow firms in Alberta and Saskatchewan and the offshore sector and Newfoundland and Labrador to reduce their emissions and we're working together to make sure that that happens so we're doing both those things today riding a bridge to the future for important firms that employ you know literally hundreds of thousands of Canadians and also dealing with our environmental footprint for the long term okay thanks Bill Seamus I would just add that in in February I gave a speech at Globe the biggest clean tech conference it was held in Vancouver to the biggest of North America and said there you know quite firmly that there was no way we're going to get to net zero without our world producing provinces and without the oil and gas sector in the next day with Energy Minister Sonya savage in Calgary we hosted an Innovation Summit where I said you know the oil and gas industry has to has to look seriously at Net Zero investors have changed and that the investment climate has changed people like Mark Carney firms like Blackrock have been signaling this and the market has moved so you know we need to look at investments in that zero in festivals that get us there because that will make the industry our industries more competitive in particularly you know we're looking at methane methane is less of an issue in Newfoundland and Labrador so we're going to open up to you know what technologies and what things exist that will help Newfoundland and Labrador be more competitive against common jurisdictions like Norway and the United Kingdom who have also committed to net zero Thank You ministers operator one last question Thank You Missy our next question next question if fell is from Kelsey Johnson with Reuters please go ahead I've never closed thank you for taking my question my questions are for Minister Morneau mr.
moehner you have promised now for several weeks additional support for other hard-hit sectors like aviation and tourism I'm just wondering how much longer you think those companies will be able to hang on what do you have an updated timeline – when will see those aid packages thank you what's what's really critical for us is that we we get to having the biggest impact as we could possibly can have on those those people that are impacted by this crisis and also find a bridge for companies so you've seen us deal with people first so we've been supporting through the emergency response benefit and through the wage subsidy people but you'll also note that that has had a very important impact on organizations in all sectors so for example in the airline sector you saw Air Canada bring back its employees because we put the wage subsidy in place that gives them a bridge to the future we do know that there needs to be more done in terms of credit in in sectors across the country our approach is to be making sure that we have something that's for the smallest of firms the the smaller firms that might be a little larger what we've talked about today is middle sized firms mid tier firms in the energy sector we're going to go broader on midsize firms in the coming days and then we will need to provide credit for the largest firms to make sure they can bridge the gap as well that work is underway and it will be in the in the coming short while that we'll have more to say in the interim we are working with firms that are coming to us to make sure that they they understand that we're going to provide the appropriate level of credit support to get them through this thank you for that and I guess there's a follow-up I'm wondering for the other sectors like aviation and tourism the credit that you are looking at providing is that going to be similar in terms of how it's delivered as you've announced today for the energy firm well I think you'll see similar approaches in everything we're doing we're trying to make sure that credit expanded through the financial institutions that organizations large and small already have relationships with you're seeing the government finding a way to ensure that the the banks get that credit support out and we're recognizing that we have an important role through Business Development Canada and Export Development Corporation to be part of that that that backstop so we'll continue to do that we do know that the the only way we can get people through this is by supporting their employees first and foremost supporting individuals and making sure firms can get up and running afterwards that means credit support to provide working capital for them during this time and as I mentioned there's other things that we're looking at we're also looking at how we can work together with the provinces on issues like like rent for for small and medium-sized firms that have been particularly impacted so there are more things we're working on we're going to continue to ensure that we we have a robust economy when we get through this challenge Thank You ministers who see mechanical pals the class messy.