Parliament's spending watchdog says the estimated deficit for the year has likely risen to about $260 billion, leaving the government with little fiscal firepower to stimulate an economic rebound. Parliamentary Budget Officer Yves Giroux said the last time the PBO looked at basic income, it estimated the federal cost at between $76 billion and $86 billion…
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Antibody tests for Covid-19 wrong half the time, CDC says
(CNN)Antibody tests used to determine if people have been infected in the past with Covid-19 might be wrong up to half the time, the US Centers for Disease Control and Prevention said in new guidance…
Read More »Children’s hospital sees increase in trampoline injuries and household falls
Your Web Browser may be out of date. If you are using Internet Explorer 9, 10 or 11 our Audio player will not work properly. For a better experience use Google Chrome, Firefox or Microsoft Edge. Usually springtime would see a rise in injuries from contact sports such as GAA or rugby training but in…
Read More »City of Toronto to pilot painting circles at Trinity Bellwoods park to guide people where to sit; Trudeau to give update on PPE supply
The latest novel coronavirus news from Canada and around the world Tuesday (this file will be updated throughout the day). Web links to longer stories if available.8:50 a.m.: A heat wave engulfing large swaths of Ontario and Quebec is forcing cities such as Toronto to rethink how they offer relief in light of restrictions meant…
Read More »Scotiabank profit plunges 40% as bad loans more than double amid COVID-19 | CBC News
Scotiabank posted a profit of $1.32 billion in the three months up to the end of April, a fall of more than 40 per cent from last year's level as the bank had to set aside twice as much money for bad loans.Scotiabank says it set aside $1.85 billion for bad loans in the past quarter,…
Read More »Coronavirus: What’s happening in Canada on Tuesday | CBC News
Quebec reported its sixth consecutive daily decrease in the number of people hospitalized for COVID-19 on Monday, as retail stores across the Montreal area reopened following weeks of shutdowns to slow the spread of the novel coronavirus. Here's a look at what's happening in Canada on Tuesday.CBC News Network showcases the best of CBC journalism,…
Read More »Congress Leader Blames Uddhav Thackeray For Maharashtra COVID-19 Crisis
Sanjay Nirupam said Uddhav Thackeray keeps changing decisions (File)Mumbai: Amid firefighting in the Congress following Rahul Gandhi's comments about "supporting, not running" the Maharashtra government, sidelined party leader Sanjay Nirupam went all out against Uddhav Thackeray, deepening the coalition crisis. The Chief Minister should communicate more with his coalition partners than the media, Mr Nirupam…
Read More »Coronavirus latest: US death rate hovers at two-month low
Choose your subscription Not sure which package to choose?Try full access for 4 weeks For 4 weeks receive unlimited Premium digital access to the FT's trusted, award-winning business news Read more Be informed with the essentialnews and opinion Save 33% - Pay annually MyFT – track the topics most important to you FT Weekend –…
Read More »COVID-19 killed more than a quarter of this seniors’ home’s residents. Here’s how it, and the province, missed warning signs
Barbara Lalonde holds a portrait of her parents. Her father, Arthur Harek, was a 95-year-old resident of Anson Place Care Centre in Hagersville, Ont., where he contracted COVID-19 and was rushed to hospital four times before his death on March 16. Kate Dockeray/Globe and Mail The first inkling that COVID-19 was inside Anson Place Care…
Read More »Jair Bolsonaro’s populism is leading Brazil to disaster
OpinionIf life were a morality tale, the COVID-19 antics would turn Brazilians against the populist president. But it's not that simple.Gideon RachmanColumnistOn a visit to Brazil last year, I had a chat with a prominent financier about the parallels between Donald Trump and Jair Bolsonaro.“They are very similar,” she said, before adding: “But Bolsonaro is…
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