Covid-19 Daily News Updates brought to you by Skyline Entourage to support businesses during the Covid-19 pandemic. We know as business owners and marketers that working from home cam be hectic. This is meant to serve as another resource you can rely on from our team to help support you.
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- According to new poll, fewer than one third of Canadians are willing to fly anywhere right now, whether internationally, nationally, or even within their own province, before a COVID-19 vaccine has been found.
- As the Canada-US land border is shut to non-essential travel until August 21st, experts now saying that they predict the border won’t reopen until sometime next year, as COVID-19 cases are still surging in the US. The two countries review their closure agreement every 30 days.
- US startup, BusPatrol headed by Quebec entrepreneur counts on Montreal’s AI hub to help it expand faster. The company to open technological center in downtown Montreal, thus creating 150 jobs over two years. It will also look to develop a Quebec supply chain for its smart cameras.
- New building at the Verdun hospital to house patients when the second wave of the virus will hit later this year. The hospital will have 36 more beds when the hospital opens, sometime this winter. However, the beds will be reserved for patients who do not have the virus.
- Treasury Department projecting government borrowing of $947 billion in the current quarter. Treasury also announcing that government plans to borrow $1.22 trillion in the fourth quarter. The bulk of that amount is set to fund another economic stimulus package.
- US stock futures fell on Tuesday as President Trump moved to force China-owned Tik Tok into a sale of its US operations to Microsoft. Trump added that “government should get substantial portion” of any deal reached.
- British Easy Jet is adding more flights to its schedule as demand from holidaymakers increases. The airline was expecting to operate at 30% of normal capacity but as more people look to escape lock down, it has now increased to 40%. Airliner carried over two million people in July.
- Oil giant BP announces increase of low-carbon spending to $5 billion a year by 2030 and boost renewable power generation to 50 gigawatts while shrinking oil and gas output by 40%, compared with 2019. Portfolio would include bio energy and investments in hydrogen capture.
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