March 9, 2020 / 6:18 PM / in 23 days

Canadian government says slumping oil prices are a major concern

OTTAWA, March 9 (Reuters) - The Canadian government is deeply concerned by the crashing price of oil - one of the country’s major exports - and is monitoring the situation, Natural Resources Minister Seamus O’Regan said on Monday.

“This is of great concern,” he told reporters, saying Ottawa would work closely with the energy-producing province of Alberta. “Right now we are just keeping an eye on how this day is playing out.” (Reporting by David Ljunggren Editing by Chizu Nomiyama)

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