Covid-19 Daily News Updates – Download September 10, 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

• The Bank of Canada is saying the economy is recovering at expected pace. The bank has committed to keep its benchmark interest rate at 0.25% for as long as necessary. Although economic indicators like GDP and job market are yet to be where they were, the bank says they are heading there.
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• Canada mortgage and housing corp says the annual pace of housing starts in august rose 7% compared to July and the seasonally adjusted annual rate of housing starts was 262,396 units in August, up from 245,425 units in July, representing the highest level of housing starts since 2007.
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Provincial News

• As of Saturday, September 12, those who don’t comply with public health guidelines within the province, amid the pandemic, will be fined. Premier Legault, who made the announcement Wednesday, said many do follow guidelines but the few that don’t will not endanger the society.
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• Quebec premier Legault is promoting his “panier bleu” initiative. Investissement Quebec (IQ) is helping Amazon find Quebec based suppliers. From September 7th to the 11th, IQ invites Quebec businesses to participate in a virtual meeting with Amazon to better understand buying strategy.
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USA News

• Stocks making biggest moves in pre-market: AstraZeneca saying it would know by end of year if its vaccine is effective and if it can resume trials. RH reports a quarterly profit of $4.90 per share, Zscale beats estimates by 2 cents, GameStop saw a loss of $1.40 per share, among others.
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• United Airlines is setting its sights on Africa, India, and Hawaii as it looks to expand as advantageously as possible during pandemic and betting on vacationers. The airliner is to add weekly non-stop flights to key cities in Africa and India as of next spring.
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International News

• British prime minister Johnson announces a new “moonshot” plan for COVID free passports. The new plan would allow people that tested negative to return to normal life. The plan involves mass testing; results returned in 20 minutes and would allow entry to venues like theatres and stadiums.
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• IAG, owner of British Airways is said to cut more flights over the next three months as it tries to adjust to the continued decrease in demand. IAG’s decision to issue further flight cuts than planned follows the previous forecast of a 46% reduction for October-December compared to last year.
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Missed a day? Visit our archives page for all Covid-19 Daily News Updates.