The Minister of International Trade of Canada, Maninder Sidhu, and the Minister of Trade of the Republic of Türkiye met to advance the strong and growing economic partnership between our two countries.
Today, the Government is taking further targeted action to support stability in Canada's airline sector during this period of elevated fuel prices. The Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, announced the launch of the Liquidity for Airline Sector Resilience facility, a new loan program through the Canada Enterprise Emergency Funding Corporation (CEEFC). The facility will offer eligible Canadian airlines experiencing significant financial pressures resulting from elevated jet fuel costs up to $150 million in repayable liquidity support, on an as-needed basis.
Over the past weekend, the Canadian Coast Guard Academy celebrated its 57th graduating class, welcoming one of its largest cohorts in decades, with 58 new officers joining the Canadian Coast Guard.
This weekend, the Canadian Armed Forces worked together with our Belgian allies to deliver military equipment to Ukraine. Belgium supported this effort by facilitating the transport of equipment from Canadian stocks to Ukraine. Canada regularly provides such deliveries, in coordination with our allies, as part of ongoing support commitments.