Covid-19 Daily News Updates – Download July 21, 2020 PNG
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
- Canadian retail sales saw a sharp rebound after historic declines in March and April. Vendors are now making up almost all their pandemic losses, Stats Canada reports this Tuesday. The report confirms Canadians are emerging from lockdowns and ready to spend. It remains to be seen if this will sustain.
Source - Rogers Communications Inc. to entice cord-cutters with new device, as Canadians shun traditional television for online streaming. Cable providers are expected to lose 455,000 subscribers this year. SmartStream provides Rogers’ internet-only customers with a set-top box to get shows.
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Provincial News
- The Quebec government announces that teaching online classes will be mandatory in the event of a COVID-19 outbreak in schools or if a second wave causes closures this fall. Quebec’s education minister says, teachers will have to “assure a continuity of learning” in the fall.
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- Compared to other Canadians, Quebecers are the least worried about children returning to school in the fall despite the pandemic, new poll finds. Respondents were also not keen on requiring masks in schools or reduced class sizes.
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USA News
- President Trump warns he may not sign a new virus relief package unless it includes a payroll tax cut for US workers. A payroll tax cut means a bigger take-home paycheck for workers and usually encourages consumer spending. Debates on bill to begin this week, many are opposed.
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- Wall Street’s main indexes were set to open higher today as a slate of positive earnings reports from the likes of Coca-Cola and IBM, along with hopes of domestic stimulus to prop up the economy. If the economy continues its slow recovery, tech stocks to be one of the leaders.
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International News
- Oxford University with pharmaceutical giant AstraZeneca are developing a potential vaccine, says it has produced promising immune response in a large, early-stage human trial. The vaccine is a combination of genetic material from the coronavirus with a modified adenovirus.
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- Oil prices rose to levels last seen in March, helped by positive news about vaccine trials and a European Union stimulus plan that was just passed. Benchmark Brent crude was up $1.27 cents at $44.55 and West Texas Intermediate gained $1.16 to reach $41.97.
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