The Canadian Press

2016-02-25 | EDC Oilpatch

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Export Development Canada is setting aside 750-million dollars to help support the struggling oil and gas sector. That could take the form of loans or guarantees to small and medium-sized firms. Mark Senn is the agency's regional vice-president for Western Canada. He says the EDC decided to get involved because there's so much at stake. (Senn says EDC will be choosing recipients with a solid plan to survive the downturn and are interested in international opportunities.)

Date: 2016-02-25
Placeline: CALGARY.
Source: The Canadian Press
Length: 15 seconds

Transcript Prediction: << we see that the energy sector is a wheelie really key an important economic contributor to the entire Canadian landscape and I just wouldn't want to end up standing on the sidelines during this this time >>


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