Grim job numbers released Thursday demonstrate how hard COVID-19 has hit the oil and gas industry in Canada. According to Statistics Canada, the country recorded its largest ever drop in natural resources employment in the second quarter of 2020 with close to 43,000 workers losing their jobs. Employment in the natural resources sector fell 7.3 per cent. "The decline was exacerbated by lower international demand for natural resources, as the economic activity of major trading partners (such as the United States, the United Kingdom and Japan) fell sharply," the agency said. Federal tax incentives promised for companies developing net-zero technologies unfairly exclude the oil and gas sector, Kenney said.

Source: CBC News September 24, 2020 19:52 UTC