Madam Chair, the Business Council of Alberta has said that the LEEFF program is a positive development showing that the federal government recognizes the needs and value of Canada's large corporations. We agree. It is essential that we support our oil and gas sector as it suffers through two crises: the impacts of COVID and the effects of a global price war initiated by Russia and Saudi Arabia. That's why, weeks ago, we opened applications for liquidity measures to support the small and medium-sized players that make up 85% of the jobs in our sector. We also announced liquidity made available to our larger players through the LEEFF program. We will continue to work with industry to make sure these programs are effective.
On June 10th, 2020. See this statement in context.