Welcome

Greetings to thousands of readers the past month from the United States and Canada, as well as the United Kingdom, Russia, India, Germany, France, Japan and Latvia.

Total Pageviews

Saturday, May 9, 2020

Canada loses 3 million jobs in less than two months due to pandemic


   Canada column for Sunday, May 10/20

   THE CANADIAN REPORT
   By Jim Fox

   The impact of the COVID-19 pandemic has resulted in the loss of three million jobs in less than two months across Canada.
   Statistics Canada reported almost two million people lost their jobs in April on top of the one million in March.
   This pushed up the unemployment rate to its second-highest level on record at 13 percent from 7.8 percent in March.
   As of this weekend, there have been more than 66,000 cases of COVID, with 4,500 deaths.
   Concerning reopening the economy, Prime Minister Justin Trudeau said no one should be asked to work in unsafe conditions.
   Lifting restrictions will occur “very, very gradually” and transmission of the disease will be carefully monitored, he added.
   Trudeau is also pointing to the billions of dollars in aid to laid-off workers including $2,000 a month for those unable to find jobs while employers are offered wage subsidy funds to keep jobs.


   ---

   Families of victims of the mass shooting that killed 22 people in rural Nova Scotia are suing the estate of the dead gunman.
   The rampage that was Canada’s largest mass killing ended when police shot and killed Halifax-area denturist Gabe Wortman on April 19.
   Attorney Robert Pineo said so far nine families have joined the proposed class-action lawsuit seeking compensation.
   It isn’t a case of wanting money but “to get answers and to see a form of justice against the gunman, even if it’s through his estate,” he said.
   The incident began after Wortman beat his former common law wife and shot his victims in their homes and while driving a replica police car and wearing a uniform.

   ---

   News in brief:
   - Greyhound is temporarily parking its fleet of buses in Canada due to the loss of riders over the pandemic. The company will abandon all routes affecting 400 workers effective Wednesday until passenger demand recovers. Greyhound previously reduced its operations twice but passengers have since dropped by 95 percent.
   - Quebec police have arrested a man and woman in connection with a series of cellphone tower fires. They were arrested in Saint Adele, northwest of Montreal, after two more fires were set. Police believe the incidents might be linked to people holding conspiracy theories about fifth-generation technology for cellphones.

   ---

   Facts and figures:
  The Canadian dollar is higher at 71.36 cents U.S. while the U.S. dollar returns $1.40 Canadian before exchange fees.
   The Bank of Canada’s key interest rate is steady at 0.25 percent while the prime lending rate is 2.95 percent.
   Canadian stock markets are higher with the Toronto Stock Exchange at 14,966 points and the TSX Venture index492 points.
   The average price for gas in Canada has climbed to 87.3 cents a liter (Canadian) or $3.31 for a U.S. gallon.
   Lotto Max: (May 5) 25, 28, 32, 41, 42, 44 and 45; bonus 18. (May 1) 3, 12, 25, 36, 37, 42 and 49; bonus 9.
   Lotto 6/49 (May 6) 6, 29, 34, 36, 45 and 49; bonus 3. (May 2) 15, 18, 26, 34, 43 and 45; bonus 42.

   ---
                   
   Regional briefs:
   - Training is set to resume for Canadian professional sports teams at club facilities. The Ontario government is anticipating a return to sports in the “not-too-distant future.” Minister of Sport Lisa MacLeod said work has been ongoing to “return to play when it is safe to do so.” This would include the NBA champion Toronto Raptors, Toronto Blue Jays, Toronto Maple Leafs, Toronto Argonauts and the Ottawa Senators.
   - Canadian Star Trek actor William Shatner has come to the aid of a teenaged girl who was injured when knocked to the ground by police while wearing a Star Wars costume. Shatner said Lethbridge, Alberta police had their guns drawn at the girl who worked at a Star Wars themed restaurant. “Rifles drawn for a plastic toy Cosplayer,” he said. Police had responded to complaints about someone in a storm trooper costume carrying a gun.

-30-

Jim Fox can be reached at canadareport@hotmail.com

No comments:

Post a Comment