Covid-19 Daily News Updates – Download July 15, 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

• Bank of Canada’s governor, Tiff Macklem, set to say how much of the government’s record spending he intends to finance. Macklem will need to recommit large-scale asset purchases to keep up with government spending. Officials now expect bond issuance to exceed $400 billion.
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• Canada-Us border said to likely remain closed until at least late August. Border has been closed since mid-March and the latest extension will expire July 21st. Officials on both sides familiar with ongoing talks now say an extension as all but inevitable.
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Provincial News

• Quebec’s economic minister, Fitzgibbon said he would rather not have to invest the $200 million USD to help Cirque du Soleil, if other buyers are interested in the Quebec company while respecting the condition to keep its head office in the province.
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• Amazon’s first Quebec warehouse has opened in Lachine and is ready to supply people with goods. The new warehouse has created some 300 new full-time jobs. The employees will pack and ship items to customers. The Lachine facility is Amazon’s 13th Canadian warehouse.
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USA News

• Dollar index fell below 96, first time since June, dropping to one-month low of 95.866. The market is questioning the US dollar’s role as a safe haven in light of economic damage faced by the U.S. U.S.-China tensions, spikes in cases and fears of second waves also contribute to uncertainty.
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• President Trump announces plan to expedite permitting major infrastructure like oil pipelines and road expansions, a move environmentalist say will bypass public input. The proposal to update the implementation of the National Environmental Protection Act was part of his campaign.
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International News

• Germany’s Europe minister, Roth, says Britain is showing insufficient realism about what can be achieved before leaving EU. Talks on Britain’s future relationship with EU will be a major subject for September’s bloc meeting. Britain is still participating in EU structures until December 31.
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• Eurozone industrial production rose in May but recovery from lockdown-induced declines in March and April was lower than expected. Manufacturing output rose by 12.4% in May from April, but the increase was significantly lower than the projected 15%, according to economists.
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Missed a day? Visit our archives page for all Covid-19 Daily News Updates.