March 31st, 2020

Business

World shares extend losses as toll from pandemic surges

By Elaine Kurtenbach, The Associated Press on March 30th, 2020

BANGKOK – World markets started the week with fresh losses as countries reported surging numbers of infections from the coronavirus that are forcing shutdowns of travel and business in many regions. Shares fell in London, Paris and Tokyo but surged 7% in Australia after the government promised more recession-fighting stimulus. “We want to keep the ... Read More »

Be the first to comment!

Crucial details of Ottawa’s proposed wage subsidy program expected today

By The Canadian Press on March 30th, 2020

OTTAWA – Businesses and employees across Canada reeling from the COVID-19 crisis are expected to hear more about Ottawa’s proposed wage subsidy program today. When the federal government announced on Friday that it was boosting the subsidy to 75 per cent from the original 10 per cent, Prime Minister Justin Trudeau said he hoped the ... Read More »

Be the first to comment!

Asian shares extend losses as toll from pandemic surges

By Elaine Kurtenbach, The Associated Press on March 29th, 2020

BANGKOK – Asian shares started the week with fresh losses as countries reported surging numbers of infections from the coronavirus that has prompted shutdowns of travel and business in many parts of the world. Japan’s benchmark dropped almost 4% and other regional markets were mostly lower. Shares in Australia rose after the government promised more ... Read More »

Be the first to comment!

Feds rolling out help for charities hit hard by COVID-19 economic slowdown

By Mia Rabson, The Canadian Press on March 29th, 2020

OTTAWA – The federal government signalled Sunday it is shifting the focus of its COVID-19 aid towards Canada’s most vulnerable as public health experts expressed cautious optimism the nation’s physical distancing experiment could be working. Most Canadians are entering the third week of a COVID-19 slowdown that has them keeping their distance from all but ... Read More »

Be the first to comment!

Trudeau remaining in isolation longer despite wife recovering from COVID-19

By The Canadian Press on March 29th, 2020

OTTAWA – Prime Minister Justin Trudeau says he will remain in isolation at his home for almost two more weeks even though his wife recently announced she has recovered from COVID-19. Trudeau says the couple took steps to remain apart, but staying at home for another two weeks is prudent because he was sharing a ... Read More »

Be the first to comment!

Big Oil’s interest in renewable energy investments expected to waver: report

By Dan Healing, The Canadian Press on March 29th, 2020

CALGARY – Budget cutting in response to the twin challenges of COVID-19 demand destruction and low oil prices mean the world’s oil and gas industry will likely spend less on renewable energy going forward. But a report from consultancy Wood Mackenzie says that won’t likely slow the overall investment in renewables – fossil fuel players ... Read More »

Be the first to comment!

Five things to watch for in the Canadian business world in the coming week

By The Canadian Press on March 29th, 2020

TORONTO – Five things to watch for in the Canadian business world in the coming week: COVID-19 and the new normal Thousands of people have already lost their jobs as non-essential businesses have shut down, while others like grocers look for ways to keep their doors open and meet the demand from shoppers stocking up. ... Read More »

Be the first to comment!

Top public health officer says Canada at critical juncture in COVID-19 battle

By The Canadian Press on March 29th, 2020

OTTAWA – Canada’s chief public health officer says the country has reached a critical juncture in its life and death struggle with COVID-19. Dr. Theresa Tam stressed during her daily update yesterday that we are “definitely not out of the woods and that now is the time to “absolutely double down” on all efforts to ... Read More »

Be the first to comment!

Trudeau says air, train travel to be denied for anyone with COVID-19 symptoms

By The Canadian Press on March 28th, 2020

OTTAWA – Prime Minister Justin Trudeau says that as of noon Monday, boarding of domestic flights and trains will be denied to people showing any symptoms related to COVID-19. He said all Canadians are being asked to remain home as much as possible in an effort to stop the spread of the novel coronavirus, but ... Read More »

Be the first to comment!

NewAlert: Trudeau says air, train travel to be denied for anyone with COVID-19 symptoms

By The Canadian Press on March 28th, 2020

OTTAWA – Prime Minister Justin Trudeau says that as of Monday, boarding of domestic flights and trains will be denied to people showing any symptoms related to COVID-19. Trudeau made the announcement in his daily news conference in Ottawa. More coming... Read More »

Be the first to comment!

Feds working to get 248 Canadians stranded on COVID-19-infected cruise ship home

By The Canadian Press on March 28th, 2020

TORONTO – More than 200 Canadians remain stranded on a cruise ship off the coast of Panama where some passengers have tested positive for COVID-19 and four others have died. The federal government is working with the Panamanian government and Holland America, which operates the Zaandam, in an effort to get 248 Canadians home. Two ... Read More »

Be the first to comment!