Madam Speaker, it is an important question. We all know Canada's resource sector workers and suppliers have been hard hit by the fallout of the COVID-19 pandemic. Nowhere has this been more pronounced than in the petroleum sector, where producers have faced the added challenge of record low prices caused by the dual impact of a price war and a collapse in demand.
The success of Canada's energy sector is critical to the successful restart and recovery of the economy, and that is why our government moved swiftly last spring with more than $2.5 billion in direct investment in the industry to create and protect good jobs while strengthening the industry's environmental performance.
This new funding includes more than $1.7 billion to clean up orphaned and inactive oil and gas wells in the three western provinces, which will create an expected 5,200 jobs in Alberta alone and provide lasting environmental benefits. We have also launched a $750-million emissions reduction fund to lower greenhouse gases and, in particular, methane emissions in Canada's oil and gas sector. This new fund includes $75 million to help the offshore industry in Newfoundland and Labrador create and maintain jobs through pollution reduction efforts.
Just last month, the Minister of Natural Resources announced a further investment to support jobs and ensure a sustainable long-term, low-emitting future for the province's offshore oil industry. At the same time, we expanded credit and liquidity supports for mid-market companies through the business credit availability program and established the large employer emergency financing facility, or LEEFF, to assist Canada's larger companies. We have also taken action to directly sustain workers in all sectors through the Canada emergency wage subsidy. For oil and gas workers in Alberta, this crucial support meant sustaining 60,000 jobs at the height of the crisis.
Our government has consistently said that the success of Canada's energy sector is critical to the successful restart and recovery of the economy, and our unprecedented efforts during this challenging time reflect that. This pandemic has reminded us of the power of individual choices and collective will. Governments at all levels, regardless of political stripes, are working together to ensure all Canadians have the vital protection and support they need when they need it most.
Our government will continue to pursue all avenues to ensure Canada's energy sector continues to be a key source of good jobs that support a strong economy in Canada. We are supporting workers. We are supporting families, and we are supporting all Albertans and all workers in the energy sector.