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Why Canada's job market is recovering from COVID-19 faster than the United States - Yahoo Canada Finance

Job markets on both sides of the border are still a long way from full recovery from the effects of COVID-19, but Canada is quietly pulling ahead of the U.S. after being neck and neck in June. “This coincided with a divergence of pandemic trajectories in each country, with new cases dropping in Canada early in the month, while new cases started rising in the U.S. a few weeks later,” Brandon Bernard, economist at job search site Indeed, told Yahoo Finance Canada.

via finance.yahoo10/20/2020

National Survey Reveals Vital Need for COVID-19 Relief Support Beyond Canadian Border - Yahoo Finance

Children Believe study highlights Canadian generosity: 72 per cent of Canadians are willing to support charities that improve the lives of children and families in vulnerable communities in Canada and beyond Through Children Believe, this youth in Nicaragua received a hygiene kit and information to help her family avoid spread of COVID-19. MARKHAM, Ontario, Oct. 20, 2020 (GLOBE NEWSWIRE) -- There has never been a greater need for the world and its communities to come together, and this unprecedented time has called on global citizens to get involved and take action now. While the health and well-being of Canadians will continue to be a priority in our national fight against COVID-19, as the global crisis evolves, many are wanting to help locally and internationally, and give all that they can to make a positive difference. A recent study+ commissioned by Children Believe, a Canadian organization that works globally to help children live and dream fearlessly, surveyed Canadians about their views towards supporting international causes amid the pandemic. The goal was to encourage Canadians to think about what they can do to enable change. The study reveals that 88 per cent of Canadians recognize the increased threat that COVID-19 poses to vulnerable communities, and 74 per cent feel that they have a duty to support those less fortunate both in Canada and beyond our borders.Canadians BelieveChildren Believe is committed to improving the lives of children by helping them overcome barriers to education such as inequality, discrimination, and violence, to access essential resources and to be able to exercise their rights. Ninety-six per cent of Canadians surveyed agree that supporting children is vital and that every child deserves access to education and basic life necessities, regardless of who they are and where they are from. While respondents believe support for local causes is important during COVID-19, more than half (55%) say they aim to support organizations that work within international development for children. Children Believe is working in Africa, Asia, and the Americas to stop the spread of the virus, ensure children are nourished, keep kids safe from violence and help them continue learning.“COVID-19 knows no borders and is wreaking havoc on the lives of children and youth in many of the communities we serve,” says Fred Witteveen, Chief Executive Officer at Children Believe. “Adults cannot work, children cannot go to school, and shortages of food and critical supplies are rampant. I am so grateful that through the generosity of Canadians, Children Believe has been able to help 572,000 people thus far during COVID-19. Through prevention messaging and education, the provision of protection supplies and equipment, food rations and food packages given to those in greatest need, mental health supports and learning aids for children, we’ve been able to help children and families weather this global storm.”Taking Action on COVID-19 on a Global Scale While the vast majority of Canadians say they stay up to date on COVID-19 news outside of Canada (82%), half report that they rarely read or hear about how COVID-19 is impacting communities beyond North America or Europe. This lack of information has made it difficult for Canadians to relate to the extreme challenges children and their families in low-income countries are facing. Children Believe is listening to community members, monitoring how things are going, and ensuring communities and children get the support they need. This makes it possible to share the stories and challenges in developing communities that Canadians don't hear otherwise, while maintaining transparency in reporting the results of the charity’s work.Canadians Recognize the Need is Great * 96 per cent agree that many people around the world are not as fortunate as us to have the infrastructure and support systems in place during a pandemic * Nine-in-ten (91%) understand that communities in vulnerable countries may not have the equipment or medical care to manage the impact of COVID-19 * Two-thirds (66%) are proactively trying to educate themselves on how COVID-19 is impacting other countriesA Legacy of Integrity Throughout its 60 years of operation, Children Believe has ensured the highest standards of integrity across all levels of the organization. The non-profit has on-site global professionals working closely with community-based organizations and partners on the ground, who are knowledgeable about and can effectively address the needs of children and families.“Our survey reveals that 89 per cent of Canadians want charities to have a responsible and transparent fiscal approach to operations,” adds Fred Witteveen. “Canadians can be confident when supporting Children Believe that we uphold our commitment to maintaining open communication and trust with our partners, donors and the public at large.”Children Believe's success is rooted in its child sponsorship program, bringing together Canadians to help vulnerable children around the globe. Another way to help is through its Gifts for Good catalogue, which features 40 life-changing gifts – many of which bring relief to urgent COVID-19 related needs – that empower children through gifts of education, agriculture, health and more. For more details, visit Children Believe (formerly Christian Children’s Fund of Canada):Children Believe has programs in 160 communities across 12 countries in Africa, Asia and the Americas to empower children to dream fearlessly, stand up for what they believe in — and be heard. For 60 years, Children Believe has brought together brave young dreamers, caring supporters and partners, and unabashed idealists with a common belief: creating access to education — inside and outside of classrooms — is the most powerful tool children can use to change their world.A member of ChildFund Alliance, Children Believe is part of a global network of 11 child-focused development organizations working to create opportunities for children and youth, their families and communities. ChildFund helps nearly 16 million children and their families in more than 60 countries to overcome poverty and the underlying conditions that prevent children from achieving their full potential. They work to end violence against children; provide expertise in emergencies and disasters to ease the harmful impact on children and their communities; and engage children and youth to create lasting change and elevate their voices in decisions that affect their lives.To learn more, visit– 30 –For more information or to schedule an interview with Children Believe CEO, Fred Witteveen, please contact Karina Moskvitin at Strategic Objectives. Tel: (416) 366-7735 x256, Email: +About this Survey:These are the findings of a survey conducted by Children Believe from September 8 to September 9, 2020 with a representative sample of 1,507 online Canadians who are members of the Angus Reid Forum. The survey was conducted in English and French.About Angus Reid Forum Surveys:The precision of Angus Reid Forum online polls is measured using a credibility interval. In this case, the poll is accurate to within +/- 2.5 percentage points, 19 times out of 20, had all Canadians been polled. All sample surveys and polls may be subject to other sources of error, including, but not limited to coverage error, and measurement error.About the Angus Reid Forum:The Angus Reid Forum is Canada’s most well-known and trusted online public opinion community consisting of engaged residents across the country who answer surveys on topical issues that matter to all Canadians. Attachment * DSC01602 CONTACT: Dave Stell Children Believe 4168986770

via ctvnews.ca10/13/2020

Canadian Red Cross heading into some long-term care facilities: PM - CTV News

As new COVID-19 infections are once again on the rise in Canadian long-term care homes, Prime Minister Justin Trudeau said that more support from the Red Cross will soon be deployed to 'a number' of facilities, and he plans to soon talk to the premiers about implementing a national standard of care.

via news.harvard.edu10/08/2020

A global look at how COVID-19 has affected LGBTQ activism - Harvard Gazette

As part of Worldwide Week at Harvard, the Weatherhead Institute for International Affairs hosted “Rethinking Resistance Politics in Troubling Times: Transnational Queer Solidarity During COVID-19,” an online panel discussing recent work examining the international situation.

via securityboulevard10/08/2020

A Quarter of Canadian IT Decision Makers Report Coronavirus-Themed Cyberattacks During Pandemic - Security Boulevard

25% of Canadian IT decision-makers report they suffered a COVID-19-themed cyberattack IT teams from private and public sectors forced to create in-house policies and cybersecurity trainings for remote workers Only 36% of organizations have informed a regulatory body after suffering a data breach More than 25% of Canadian IT workers say a COVID-19-themed security incident has targeted their organization during the ongoing pandemic, according to the Canadian Internet Registration Authority (CIRA) 2020 Cybersecurity Report.

via ctvnews.ca10/20/2020

Health equity metric: How California's plan to address COVID-19 racial disparities may help Canada - CTV News

In a bid to address disproportionately higher COVID-19 infection and death rates in the low-income and racialized population, California is now using a “health equity metric” to guide economic reopening—a tactic experts believe may be useful in some Canadian cities.

via cbc.ca10/19/2020

N.L.'s COVID-19 travel ban decision to be appealed, Canadian Civil Liberties Association says -

The Canadian Civil Liberties Association says it is appealing a Newfoundland and Labrador Supreme Court decision this summer to uphold the province's COVID-19 related travel ban because it says Canadians have a constitutional right to move freely within their country.

via finance.yahoo10/12/2020

Pfizer, BioNTech Initiate Rolling Canada Submission For Covid-19 Vaccine - Yahoo Finance

Pfizer’s (PFE) Pfizer Canada and BioNTech SE have announced the initiation of a rolling submission to Health Canada for BNT162b2, the lead candidate from the companies’ vaccine development program against Covid-19.According to the statement, the rolling submission has been accepted under the Minister of Health’s Interim Order allowing companies to submit safety and efficacy data and information as they become available. Often referred to as a rolling review, this allows Health Canada to start its review right away and accelerate the overall review process.However, Health Canada is clear that it will not make a decision on whether to authorize any vaccine being considered under rolling review until it has received the necessary evidence to support its safety, efficacy and quality.Following the authorization of any vaccine submission, Health Canada will publish the evidence it reviewed in making its decision.The BNT162b2 vaccine candidate is based on BioNTech’s (BNTX) proprietary mRNA technology and supported by Pfizer’s global vaccine development and manufacturing capabilities. It encodes an optimized SARS-CoV-2 full-length spike glycoprotein (S), which is a target of virus neutralizing antibodies.The vaccine candidate is currently being evaluated in a global Phase 3 study ongoing at more than 120 clinical sites worldwide. To date, the trial has enrolled approximately 37,000 participants with more than 28,000 having received their second vaccination.“Pfizer Canada and BioNTech will continue regular and open dialogue with Health Canada providing results from their ongoing Phase 3 study” the two companies state.Shares in Pfizer have dropped 6% year-to-date, and the stock scores a cautiously optimistic Moderate Buy Street consensus. This is based on 3 Buy and 7 Hold ratings over the last three months, with an average price target of $41 (13% upside potential).After attending the company’s recent investor presentation, Mizuho analyst Vamil Divan believes the event “successfully illustrated how the company is evolving into a ‘New Pfizer.’”The analyst believes that Pfizer’s extensive pipeline of vaccines and treatments will generate over $15 billion of annual sales by 2025. As for the Covid-19 vaccine collaboration with BioNTech, Divan said, “we are encouraged by the data to date and believe Pfizer remains on track to have a clear sense of the vaccine’s profile by the end of October, with potential FDA approval shortly thereafter.”He believes the vaccine can generate risk-adjusted sales of roughly $1.7 billion next year and $1.2 billion in 2022. Overall, Divan rates PFE shares a Buy, along with a $43 price target (17% upside potential). (See Pfizer stock analysis on TipRanks)Related News: CareDx Soars 15% As 3Q Revenue Outlook Surpasses Estimates BioNTech, Rentschler Partner For Covid-19 Vaccine Manufacturing Gilead Inks EU Supply Deal For 500,000 Remdesivir Doses More recent articles from Smarter Analyst: * ConocoPhillips Boosts Dividend 2.4%; Street Bullish On Outlook * Kymera Therapeutics Pops 10% On Positive Skin Disorder Data * Kroger, ClusterTruck Launch Ghost Kitchens Amid Rising Food Delivery Demand * Mallinckrodt Files For Bankruptcy To Cut Debt, Settle Opioid Legal Claims

via sports.yahoo10/09/2020

Canada added 378,000 mostly full-time jobs in September, as COVID-19 cases spiked - Yahoo Sports

Canada’s COVID-19 ravaged economy created 378,000 jobs in September, even as COVID-19 cases surged. The bulk of them, 334,000, were full-time positions, according to Statistics Canada. The strong month brings the unemployment rate down to 9 per cent from 10.2 per cent.

via ipolitics.ca10/08/2020

Canada could order AstraZeneca's COVID vaccine before end of 2020 -

The Canadian government could pre-order doses of the COVID-19 vaccine that’s furthest along in Health Canada’s authorization process before the end of the year, if the vaccine continues to show promising results in its clinical trials. The vaccine, produced by pharmaceutical company AstraZeneca in partnership with the University of Oxford, has rapidly moved through the […]

via cbc.ca10/08/2020

Federal COVID relief programs flood New Brunswick households with money -

Federal COVID relief spending in New Brunswick of more than $300 million per month since March, has been so large it boosted household incomes in the province to record levels in the middle of the pandemic even as the economy contracted and thousands of people lost their jobs.

via enr10/04/2020

Canada Unveils $7.5B Project Spending Plan as New COVID-19 Stimulus - Engineering News-Record

Canadian leaders are pushing a $7.5-billion infrastructure plan to boost an array of renewable energy initiatives and jump start job growth amid the country's coronavirus downturn. Prime Minister Justin Trudeau announced that the Canada Infrastructure Bank, criticized for what has been considered a sluggish pace of investment commitments since its 2017 launch, will take the lead on the new initiative. It comes roughly a week after the Liberal government announced broad details of an infrastructure and economic pump-priming plan that includes extension of Canada's emergency . . .

via acsh.org10/16/2020

COVID Update: Trouble in Europe, Rare Reinfections, and Canada Is Lying - American Council on Science and Health

Here are some of the most relevant COVID-19 developments in recent days: Europe's infections are out of control; COVID reinfection is rare; all treatments probably have serious but rare side effects; the WHO offers a misguided policy; and America's northern neighbor isn't telling the truth.

via finance.yahoo10/14/2020

Moderna Kicks Off Rolling Submission Of Covid-19 Vaccine In Canada - Yahoo Finance

Moderna (MRNA) has announced the initiation of a rolling submission to Health Canada for mRNA-1273, the company’s vaccine candidate against COVID-19. Shares in Moderna rose 4% on Tuesday.This initiation follows positive results from a preclinical viral challenge study of mRNA-1273 and the positive interim analysis of the Phase 1 study of mRNA-1273 in healthy adults and older adults (ages 56-70 and 71+).The rolling submission has been accepted under the Canadian Minister of Health’s Interim Order, which permits companies to submit safety and efficacy data as soon as they become available. This rolling review process allows Health Canada to begin its assessment and accept new evidence as it becomes available until the application is deemed complete.Health Canada says that it will not make a decision to authorize any vaccine being considered under rolling review until it has received all necessary evidence to support its safety and efficacy. Following the authorization of any vaccine submission, Health Canada will publish the evidence used in making its decision for transparency.On September 22, the Canadian government increased its confirmed order commitment to 20 million doses of mRNA-1273. Moderna remains on track to be able to deliver up to 56 million doses of its COVID-19 vaccine to Canada beginning in 2021.“We are pleased with the interactions with the Canadian regulatory authorities and we appreciate their guidance and confidence in Moderna to pursue a rolling submission in Canada for our COVID-19 vaccine candidate, mRNA-1273,” stated CEO Stéphane Bancel.mRNA-1273 is currently being studied in a Phase 3 randomized, 1:1 placebo-controlled trial of 30,000 participants at the 100 µg dose level in the U.S. As of October 9, the Phase 3 COVE study has enrolled approximately 28,618 participants with 22,194 having received their second vaccination.Shares in Moderna have tripled so far this year. Due to the extreme rally, Wall Street analysts have a cautiously optimistic Moderate Buy consensus on the stock’s outlook. Looking ahead, the $92 average price target suggests additional 18% upside potential lies ahead.Speaking for the bulls, Oppenheimer analyst Hartaj Singh recently reiterated his buy rating on the stock with a $108 price target.“We continue to like MRNA as we enter the 3Q20 reporting cycle, as we expect SMID and large-cap biotech performance to bifurcate. Over the remainder of 2020, MRNA could begin to provide preliminary color on how sales/earnings could evolve for investors for 2021 as well as oneoff nature of the pandemic’s initial revenue stream” he explained. (See MRNA stock analysis on TipRanks).Related News: PerkinElmer Raises 3Q Sales Outlook Fueled By COVID-19 Testing Demand J&J Halts Covid-19 Vaccine Trial Due To ‘Unexplained Illness’ Eli Lilly Pauses Late-Stage Covid-19 Antibody Trial Over Safety Concerns More recent articles from Smarter Analyst: * Alaska Air Sees 40% Q4 Capacity Cut; Analyst Upgrades On Ample Liquidity * Citigroup Tops 3Q Profit; Oppenheimer Sees 129% Upside * Boeing Sept. Deliveries Drop, No New Orders; Shares Down 3% * Walmart Revamps Black Friday Deals Amid Covid-19

via reuters10/10/2020

Air Canada slashes Transat buyout price by nearly 75% as COVID-19 hits traffic - Reuters

Air Canada <AC.TO> has slashed its price to buy Canadian tour operator Transat A.T. Inc <TRZ.TO>, with the deal now worth about C$188.7 million ($143.86 million), down from C$720 million, as COVID-19 weighs on travel demand, the companies said in a statement on Saturday.

via voxeu.org10/08/2020

Face mask mandates slowed the spread of COVID-19 in Canada | VOX, CEPR Policy Portal -

The mandatory wearing of face masks remains a contentious policy issue during the COVID-19 pandemic. This column evaluates the impact of mask mandates on the spread of COVID-19 in Canada, using the different timings that masks were mandated across the 34 health districts of the province of Ontario. Mask mandates are associated with a 25% or larger weekly reduction in new

via canadianrecord10/08/2020

More than half of rural counties in COVID red-zone -

The number of new COVID-19 infections remained steady last week in rural America, but troubling levels of new infections placed an additional 68 rural counties on the White House red-zone list—an indication indicating that authorities in those counties need to do more to control the spread of the virus.