POST Online Media Lite Edition



 

Canada announces billions of dollars more in coronavirus aid

Christian Fernsby |
A raft of billions of dollars in new financial aid for struggling Canadians and businesses was announced Friday by Prime Minister Justin Trudeau.

Article continues below



Topics: CANADA    CORONAVIRUS   

Included was CAN$1.7 billion to clean up thousands of abandoned oil wells left behind in Alberta due to bankrupt companies – Alberta has been hard hit by the low price of oil – and Saskatchewan and British Columbia. It is expected to create 5,200 jobs for Albertans alone.

Sandwiched in with the new funding for rural businesses and a CAN$750 million for an emissions reduction fund to create jobs was the announcement that despite U.S. President Donald Trump’s rumblings about opening the border, Trudeau said the two counties had reached an agreement to keep the border closed to all but essential traffic for another 30 days. The order was due to be lifted in a couple of days.

As of Friday, Canada had 30,670 coronavirus cases and 1,251 deaths. About half of the victims are people in long-term care nursing homes.

The province of Quebec called the situation “dire” due to staff shortages in the homes and Trudeau said he is sending in 125 military with medical training to work in the nursing homes after Quebec Premier Francois Legault asked for federal help earlier this week.

“The uncomfortable and tragic truth is that the very places that care for our elderly are the most vulnerable to COVID-19,” Trudeau said.

Since introducing the Canadian Emergency Relief Fund in late March more than five million Canadians have applied for and are receiving $2,000 a month because they lost jobs or had incomes reduced due to the pandemic. The money does not have to be paid back.

Trudeau also addressed the fact that Canada’s 338 elected Members of Parliament (MP) are not meeting in the House of Commons because of the pandemic.

“Right now on the books there is a rule that says that 338 MPs need to get on flights Sunday evening to come back to Ottawa on Monday morning as Parliament is supposed to resume,” Trudeau said. “That is obviously not a good idea, we are not in normal circumstances.”

To counter that, the prime minister said the government is working on setting up a virtual parliament.

The virtual sittings would allow Canadians to “continue to have their views represented and their concerns heard,” Trudeau said.


What to read next

EU remains world's largest aid donor in 2014
Wuhan coronavirus: Governor Inslee announces support for Washington workers and businesses
Poland to return funding money

U.S.: Strong storm to move onto Plains and east this week

 
The system will produce showers and severe thunderstorms over the Lower Mississippi/Tennessee Valleys and Southeast.
 
 

Latest

New York: 22 firms will spur more than $20 billion in investments, support 8,336 jobs, 3,930 new jobs to be created
25 injured after 3000-ton ship topples over in Scotland dry dock
Store closing of all Nordstrom Canada Stores began
General Dynamics gets $380 million contracts from EPA

NEWS

Greece: Routes gradually returning to normal after passenger train crash

Operation in Italy against criminal group under investigation for massive VAT fraud
€740 000 seized in EPPO investigation into misuse of EU funds in Czech Republic
Dutch government staff told not to use TikTok
Dangerous pollution, thick sandstorms shroud Beijing and provinces in China
Colombian police seize over 1.6 tons of cocaine in banana shipment
 

BUSINESS

Commission carries out unannounced inspections in energy drinks sector

Auckland Mayor delivers on promise to improve bus reliability
Outdoor dining is back on Sydney's menu
British Columbians will get better highway cell coverage
Cleveland selects vendors for smart parking system
Record 9.6% growth in renewables
 

Trending Now

laïla, Seychelles opens

Dutch government staff told not to use TikTok

Avian flu detected in poultry house in Lithuania

Record 9.6% growth in renewables


POLITICS

Poland, Romania and Bulgaria will receive EUR 56 million due to large imports of grain from Ukraine

New Zealand to provide EV charging stations in almost every town
UK to spend $2.2b on energy efficiency, slashing emissions
Austrian minister says Russia will remain important for Europe
Governor Newsom releases master plan for tackling fentanyl and opioid crisis
Moscow to maintain 500,000 bpd oil output cut to end June
 

Today We Recommend

Dutch government staff told not to use TikTok


Highlights 

New York: 22 firms will spur more than $20 billion in investments, support 8,336 jobs, 3,930 new jobs to be created

General Dynamics gets $380 million contracts from EPA

Generic pharmaceuticals market expected to reach $682.9 billion


COMPANIES

StorageMart expands into Carmel, Indiana with newest acquisition

Broadcom and VMware deal could make computer servers more expensive for UK businesses
Commission clears acquisition of VOO and Brutélé by Orange, subject to conditions
Billie Joe Armstrong Gibson Les Paul Junior unvelied
ZEB Metals relocating, establishing first South Carolina operations in Berkeley County
Big Fish Games to establish New Orleans talent hub, will hire
 

CAREERS

DTiQ announces senior leadership appointment

Vanda Pharmaceuticals appoints Tage Honoré to board
Akhona Qengqe to become KFC Africa’s new general manager
Marlabs appoints Usha Jamadagni as chief delivery officer
Rolls-Royce announces new leadership for Africa
AIG director William G. Jurgensen to retire
 

ECONOMY

UK inflation unexpectedly accelerates to 10.4pc

Forecast shows Colorado’s strong economy to continue growing faster than nation
BiH records almost seven percent increase of exports
Hong Kong exports decreased
South Korea's export falls 17.4 pct for first 20 days of March
Bundesbank: German economy to contract further in Q1
 

EARNINGS

Canadian Solar Q4 revenue increased

Syngenta Q3 sales increased
Foot Locker Q4 income decreased
FedEx Q3 profit decreases
Revlon Q4 sales $589.8 million
Eastman Kodak Q4 revenues $305 million
 

OP-ED

Micromanaging is the worst enemy of efficiency and teamwork

Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
 

AGRIFISH

EU livestock population continued to decline in 2022

Avian flu detected in poultry house in Lithuania
Russia: Seeds of dangerous weed almost got to buyers along with vegetables seeds
From the beginning of 2023, over 66 000 tons of grain products shipped from Krasnoyarsk Territory
Timothy Boring new director of Michigan Department of Agriculture and Rural Development
Illinois counties lead nation for corn and soybean production in 2022
 

LEADERSHIP

Success of working from home depends on company health

Consumers less likely to support brands with unconventional spellings
HR practices have both positive and negative effects on employee mental health
CEO education is no guarantee of stock market success
How remote work affects managers
Incoming CEO's political views may drive director departure in firm
 

CRIME

McDonald's fined $53,000 in South Korea for leaking customers data

Poland: UOKIK fines Merida Polska $573,000
SEC charges DXC Technology for misleading non-GAAP disclosures
Investigation leads to takedown of darknet cryptocurrency mixer that processed over $3b of unlawful transactions
Chicago reaches $23.8m settlement agreement with e-cigarette maker Juul Labs
SEC charges Blackbaud for misleading disclosures about ransomware attack that impacted charitable donors
 

Magazine

TRAVEL

laïla, Seychelles opens

Five day street food festival in Mangaluru brings Indian food to city
Qatar International Food Festival is back
Me Auld Flower food and drink festival coming to Dublin for St Patrick's Day weekend
Ten days of Winter Festival, a time travel back to end of 18th century Norway
Strong Beer Fest in Munich invites visitors to taste potent brews
 

SEA, LAND, AIR

First GMC Sierra EV, power source on wheels

Ford Puma ST Powershift, most powerful 1.0‑litre EcoBoost engine
Toyota launches new Prius PHEV in Japan
Ariel Atom, serious motor sport or ultimate fun
ABT XNH, camper for those who want to expand their horizons
Lamborghini Invencible and Autentica, farewell to V12
 

DESIGN

Juliska tableware, collections for every occasion

Wool coats, a timeless fashion investment
Venetto bedding, creating a beautiful bedroom space
Bed headboards, sleep like a king
Great rugs for generations responsibly made
Curved sofas, elegant and gentle
 

GADGETS

New Cherry microphones for professional sound quality

Mobile Fidelity UltraDeck turntable, extreme pursuit of highest level of reproduction
Nokia G22, good smartphone you can fix yourself
NAD C 3050 LE amplifier, a classic reinvented
Asus Zenbook S 13 OLED, ultralighta and powerful laptop with OLED display
Dynaudio Confidence means pure performance
 

HEALTH

Tanzania confirms Marburg virus disease outbreak

Shortage of nurses should be treated as global health emergency
WHO accuses China Of withholding data on COVID-19 origins after report about raccoon dogs
Wyoming first U.S. state to outlaw abortion pills
Tanzania launches investigations as strange disease kills 5 people
WHO sees COVID posing similar threat to flu this year
 

MEANTIME

New findings released from world's most powerful solar telescope

French court orders fishing bans to protect dolphins
Missouri ordered to reduce pollution levels
Brazilian researchers discover terrifying rocks made up of plastic debris
Glacier found near Mars equator
Neolithic farmers reduced lactose in milk