Environment groups, churches, unions ask oil bailout for families, not companies

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 99%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Some Canadian organizations are asking the federal government to focus any bailout of the oil industry on workers and families, not corporations.

The request comes in an open letter to Prime Minister Justin Trudeau, released Tuesday morning and signed by environmental organizations, faith and labour groups that the signatories say represent about 1.3 million people.

Published reports have said industry executives want a program that would purchase distressed assets, suspend federal carbon and income taxes, and provide no-interest loans and loan guarantees."If you pour money into the wealthiest people in the country and the biggest corporations, it doesn't trickle down to the workers," said Di Novo, a former Ontario New Democrat politician.

The letter calls for immediate income support for oil and gas workers, including increased access to unemployment insurance. It also suggests money for retraining workers for what it calls "emerging low-carbon sectors like energy efficiency, technology, health care and renewable energy." Robin Edger of the Canadian Association of Physicians for the Environment rejected the argument that bailing out companies would bail out their employees.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

CTV once again sticking up for eco radicals instead of hard working western families. disgusting

Omg yes!!!!

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines