Covid-19 Daily News Updates – Download October 5, 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

• Canadians forced to miss work due to COVID-19 can apply for financial support from the federal government today. Canadian households can apply for $500 per week up to 26 weeks when a person misses more than half a week of work because they need to care for a child with COVID.
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• Bloomberg Nanos Canadian Confidence Index, the composite measure of financial health and economic expectations, ended September at 53.1, showing that Canadian consumer confidence recorded its smallest monthly gain since the start of the pandemic.
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Provincial News

• After three consecutive days of more than 1,000 cases of COVID-19, the Quebec government has decided to announce tightened health measures for schools in “red zone” on its regional map. The announcement comes following calls for increased measures from teachers, parents and students.
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• Team sports could be banned in order to limit the spread of the virus according to an announcement said to take place this Monday by the Legault government. The question remains whether gyms will be able to stay open. Concerns rise among clients for their both their mental and physical health.
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USA News

• Stocks and oil prices rose Monday as stimulus hopes and news that President Trump’s health was improving brought relief to markets following last weeks’ rush to safety over the uncertainty over the impact of Trump’s COVID-19 diagnosis.
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• Bristol Myers Squibb to buy MyoKardia for $13billion to bolster its portfolio of heart disease treatments. The deal follows Bristol’s $74billion acquisition of Celgene Corp last year combining two of the world’s largest cancer drug businesses in biggest pharmaceutical deal ever.
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International News

• Showdown on BREXIT expected at the European Union summit next week. French president Macron, unwilling to make concessions on fishing rights, concerns officials that he could sink efforts to reach a wider trade deal. No bigger trade deal without agreement on access to EU boats in UK waters.
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• The worst September for UK car sales this century, as car registrations fell 4.4% last month from a year earlier. The car industry has been one of the hardest hit sectors during the pandemic as it closed factories and showrooms.
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