OTTAWA (Reuters) - Canada will invest around C$2.5 billion ($1.8 billion) in measures to help the hard-hit oil and gas industry survive during the nation's coronavirus outbreak that has killed 1,250 people, Prime Minister Justin Trudeau said on Friday.
The sector, which accounts for 10.6% of Canada's gross domestic product, has urged Ottawa to free up credit and cash to help tackle the pandemic and rock-bottom oil prices.
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