Covid-19 Daily News Updates – Download June 26, 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
- Finance minister, Morneau, is announcing the expanded Canada Emergency Business Account (CEBA) to be available through Canada’s big banks starting Friday. CEBA provides interest-free, partially forgivable loans up to $40,000 has been expanded twice to include more businesses.
- NAFTA 2.0 means raises in duty-free limits for private couriers but not Canada post. Canadians buying online from US or Mexico to see a reprieve from taxes and duties but only if delivered by private courier. This change is part of the new Canada-US-Mexico deal which comes into effect Jul 1.
- Quebec’s public health director, Dr. Arruda, announced the province has entered its final phase of deconfinement. Spas, bars, and hotels will now be allowed to reopen. The only exceptions left are festivals, sleep away camps and combat sports. All must follow health guidelines.
- New survey shows Quebecers are eager to travel again but want reassurance that health measures are put in place. Experts say that once borders reopen and protocols followed, Quebecers will regain confidence to travel and the tourism industry will recover.
- US federal reserve says America’s biggest banks could lose up to $700 billion should a severe downturn hit. US central bank is asking firms to keep money on hand to protect against the risk and to reserve barring share repurchases and limit dividend payments until October.
- Airline labor unions are now asking the federal government to double their initial aid so it can extend through March 31, 2021. The initial aid to airline workers was of $32 billion in March but unions are asking for more as travel demand remains weak. Airlines are looking to reduce staff voluntarily.
- Germany to retaliate should the U.S. move forward with threat to kill the Nord Stream 2 gas pipeline by imposing additional sanctions. Germany’s chancellor, Merkel, to coordinate European Union action in response. Pipeline set at 1,200 km to pump gas from Russia straight into Germany.
- UK ministers said to finalize plans for a “travel corridor” that will allow people arriving to the UK no need to isolate. The travel corridor will mainly affect participating countries in Western Europe. Restrictions to some of these countries said to be lifted early July.
Missed a day? Visit our archives page for all Covid-19 Daily News Updates.