Covid-19 Daily News Updates – Download November 13, 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

• Prime minister Trudeau will continue to urge premiers towards more stringent measures to curb the spread of COVID-19, even as he offers more federal funding to help provinces retrain workers that have beenleft jobless. Trudeau is expected to announce hundreds of millions more for provinces.
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• Cineplex reaches an agreement with lenders for relief on its financial covenants to the second quarter of 2021 after the movie theatre chain saw revenues plummet. Third quarter results declined 85% to $61million from $418.4million a year ago.
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Provincial News

• The Quebec government will spend an additional $1.5billion in the coming years to revive an economy that continues to be affected by ongoing closures due to the pandemic. The new $1.5billion will be spread over three years and includes $522million in stimulus for this year.
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• Google renews its commitment to the Quebec Institute of Artificial Intelligence, Mila, with an investment of $4million over three years. Mila is to continue its research on the different applications of AI, especially in the health care sector.
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USA News

• President Donald Trump has signed executive order banning Americans from investing in Chinese firms that the administration says are controlled or owned by Chinese military. The order applies to 31 Chinese companies, including Huawei and Hikvision.
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• Latest COVID-19 vaccine advances brightened the outlook for the U.S. economy with economists at UBS boosting their GDP forecasts for the country. UBS originally estimated that the number of cases would reach zero by end of 2021 but now have revised their forecast by six months less.
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International News

• Global shares flat-lined Friday as rising U.S. and European COVID-19 hospitalizations tempered euphoria over a promising vaccine. The pan-European stock index STOXX was down 0.1%, MSCI’s all country equity index MIWD00000PUS slipped 0.1%.
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• Asian leaders are due to sign a mammoth trade deal, nearly a decade in the making. It includes the ten members of the Association of Southeast Asian Nations, plus China, Japan, South Korea, Australia and New Zealand, members making up about a third of world’s population.
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