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JRNGF - The First Oil Company Bailout Of 2020 Is Happening In Canada: Select Shares Soar
Journey Energy Inc
Canada has been preparing for a multi billion dollar bailout for its oil and gas industry to avert tens of thousands of job losses and the gutting of one of the country's largest industries. The strategic nature of the oil industry to Canada was on reason I cited in finding Canadian oil company equities attractive in the midst of an oil price war and demand shock.
While still waiting for country-wide bailout details, Alberta has taken the first steps in bailing out local and gas companies. Before going into the details of these steps and