Covid-19 Daily News Updates – Download December 4, 2020
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.
For your convenience we’ve prepared a downloadable PDF of Covid-19 Daily News Updates and headlines. You can download your copy that you can share with your team here. Click Here to Download a PDF version.
Federal News
- Canada’s big six lenders all report that the majority of loan-payment deferrals they gave to clients during the pandemic ended at the end of October and that most of the previously-deferring clients are back to paying down their debts.
Source - Statistics Canada says the economy added 62,000 jobs in November compared with the 84,000 added in October. Unemployment rate fell to 8.5% compared to 8.9% in October. Employment rose by 0.3% compared to 0.5% in October.
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Provincial News
- The Quebec government reverses its decision on Holiday gatherings in most of the province, as COVID-19 cases keep surging. People outside red zones can gather, maximum 10 people in yellow zones and 6 people in orange zones. Only exception is for those living alone in red zones.
Source - Montreal officials have a $60million plan to help relaunch the economy, with a 10-step roadmap. The plan focuses on helping local businesses with financial investments and moving towards a greener economy as well as putting money towards affordable housing & transit.
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USA News
- Kroger CEO said to be confident about distribution of the COVID-19 vaccine at its pharmacies and said to be “ready and anxious to get started”. Mr. McMullen stated that the company is prepared and has been coordinating with the federal government and states for weeks.
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- Employment growth slowed sharply in November amid the COVID-19 surge. Nonfarm payrolls increased by just 245,000, well below estimates and the jobless rate to decrease to 6.7% from 6.9% in October. The unemployment rate met expectations.
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International News
- European Union officials say a post-BREXIT deal could finally be secured by this weekend, but that London insists negotiations are still “difficult” and wants to “take back control” from the bloc. One EU official said a deal was “imminent” while Britain sounded less optimistic.
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- Denmark, the largest oil producer in the European Union, announces it will end all new gas exploration in the North Sea, as part of a bigger plan to stop extracting fossil fuels by 2050. The decision is said to cost the country about 13 billion kroner or £1.1billion.
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