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More aid coming for those who don't qualify for current COVID-19 benefits: PM – CTV News

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OTTAWA —
As another critical week in Canada’s efforts to flatten the COVID-19 curve begins, Prime Minister Justin Trudeau said the federal government will soon introduce new measures to make emergency benefits accessible for Canadians who don’t currently qualify.

Trudeau said that Canadians who still have jobs but are working 10 hours or less due to the pandemic, such as gig economy or contract workers, as well as those who are working but earning less money than they would if they received the Canada Emergency Response Benefit (CERB), such as long-term care workers, will soon be able to qualify for federal assistance.

“There are groups of people who aren’t benefiting from the Canada Emergency Response Benefit who probably should,” Trudeau said. “We’re looking carefully at how we can increase their pay a little bit so that they do better off remaining at work, rather than going off work and receiving the emergency response benefit.”

He called the expansion on eligibility the “fine tunings” that have to come when launching a program of this scale with the intent of reaching as many people as possible.

“There will be exceptions that we have to fill,” Trudeau said. 

Over the weekend Trudeau indicated that with the CERB applications opening on Monday in a staggered way, more direct help would be coming soon for students who don’t qualify. He also put a call out for volunteers to help Health Canada with data collection, case tracking and contact tracing.

Trudeau said that 240,000 people had already applied for the emergency benefit by the time he gave his late-morning address. As of the ministerial briefing on COVID-19 efforts that followed Trudeau’s address, “more than 300,000” people had applied, according to Treasury Board President Jean-Yves Duclos.

The benefit will provide $2,000 a month for four months for those eligible.

Not all out-of-work Canadians qualify for the emergency benefit, in order to be eligible applicants must have earned at least $5,000 in the past 12 months or in 2019 as a whole, and must be out of work for reasons directly related to the COVID-19 pandemic.

College and university students are one sizeable demographic that has largely been left in the lurch. Some work only casual, part-time jobs that pay less than $5,000 over the course of a year. Others only work during summer, when classes are out – meaning they haven’t lost their job due to the pandemic, but it will be difficult for them to find work in a largely locked-down country once their summer begins.

“I know there are also lots of university or college students wondering what kind of job you’ll get this summer. You need support now, and work is underway to get it to you as soon as possible,” Trudeau said.

In another effort for additional financial relief, Finance Minister Bill Morneau announced over the weekend that several big banks would be lowering credit card rates for those impacted by COVID-19.

Trudeau called this “much needed relief on debt.”

EXPANDED AID BILL BEING DRAFTED

The prime minister also said that the government is currently drafting its second piece of emergency legislation, are in talks with the other parties, and will be looking to recall Parliament “in the coming days,” this time to pass a multibillion-dollar expansion to COVID-19 financial assistance measures.

On April 1, Trudeau called the expanded wage subsidy program — a 75 per cent subsidy for businesses to keep employees on staff, up from the initial 10 per cent — the largest economic program in Canadian history, and that’s why he thinks Parliament should be reconvened to approve it. Though, the recall is also needed because it exceeds what was included in the legislation passed during the first emergency overnight sitting.

In perhaps an attempt to limit future in-person House of Commons sittings in an era of working from home, the government has written to Speaker of the House of Commons Anthony Rota to get advice on what would be a historic first: moving to virtual sittings of the House of Commons as a potential avenue for digital democratic accountability.

“We have to look at ways of virtually convening Parliament, so that parliamentarians from across the country who were elected to do their jobs of representing their citizens in normal times and in times of crisis can make themselves heard,” Trudeau said. “It can’t be just about folks who have proximity to Parliament, or the ability to get here. We need to look at ways that our democracy and our institutions can stay strong and embody and fulfill the functions that Canadians need them to.”

WEEK FOUR OF PHYSICAL DISTANCING

Entering the fourth week of physical distancing and shutdown of non-essential workplaces, health officials say they will be watching closely the number of new cases being reported to get a sense of whether or not the measures in place are proving effective at slowing the virus’ spread.

With more information about the number of cases coming in from across the country, the federal government says it’s working on ways to present more concrete modelling and science-based predictions in the coming days.

Trudeau said the government is working on getting more testing kits to get a more fulsome picture of how many Canadians have contracted the virus.

“Every single day we are doing more tests than the day before. We recognize that large-scale testing is a key element of flattening the curve and dealing with the long term prognosis of this pandemic. We will need to continue to test more and more to get those answers back quickly and be able to monitor the spread of Coronavirus through our population,” Trudeau said.

“Testing will be an essential part of how we get through this,” he said.

As of Monday morning, there are 15,853 confirmed cases of COVID-19 in Canada, with the highest concentrations of the virus in Quebec, and Ontario.

SUPPLY SHIPMENT STRESSES

Shipments of essential medical supplies are also set to continue arriving in Canada this week, as domestic production ramps up in an effort to stave off the impacts of global price gouging and protectionism. Already, some provinces are warning they are days away from running out of personal protective equipment like respirator masks and gloves.

On Monday, Trudeau noted that there have been issues with delayed or incomplete deliveries from other countries.

“We have recognized over the past weeks a number of situations in which shipments coming from different countries around the world have been delayed [or] haven’t arrived with as many products as we were hoping to see,” Trudeau said.

Facing questions about the ongoing concern that the United States is restricting producers including 3M from sending supplies made in the U.S. to Canada and elsewhere, Trudeau said he is confident that any outstanding shipments will be delivered.

“We are working with them to ensure that the orders that Canada has placed get delivered. We expect those shipments to come,” he said.  

The prime minister said that Foreign Affairs Minister Francois-Philippe Champagne spoke Monday with U.S. Secretary of State Mike Pompeo and that talks continue and have so far been “productive.” 

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Toronto takes step toward ban on misleading fossil fuel ads, following TTC move

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Toronto city council has taken a step toward banning misleading fossil fuel advertising on city property, building on recent federal anti-greenwashing rules and a similar proposal approved by the city’s transit agency.

It’s latest in a series of city-level moves across Canada, including in Ottawa and Montreal, to look at greenwashing, a term for ads that make misleading or false environmental claims.

The motion passed Thursday directs city staff to report back next year on a possible draft ban, but it stops short of asking for an outright prohibition on fossil fuel advocacy ads.

The motion suggested an ad could still be accepted if it’s consistent with the city’s net-zero emission plan and complies with new federal anti-greenwashing rules.

Those rules added to the Competition Act in June puts the onus on advertisers to back up their environmental claims.

Research has suggested greenwashing is a pervasive issue, with a 2021 sweep by European authorities of hundreds of online claims from various business sectors that found nearly half were either false or deceptive.

The Toronto Transit Commission voted last month to bring in a new pre-screening policy for fossil fuel advocacy ads and report back next year with a proposal to ban those ads.

An Ottawa city committee also directed staff earlier this year to review possible changes to its advertising policy to single out fossil fuel advocacy, and the board chair of Montreal’s transit authority says its advertising subsidiary was directed last year to crack down on fossil fuel ads.

This report by The Canadian Press was first published Oct. 11, 2024.

The Canadian Press. All rights reserved.



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S&P/TSX up more than 200 points, U.S. markets also higher

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TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.

The S&P/TSX composite index was up 205.86 points at 24,508.12.

In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.

The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.

The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.

The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.

This report by The Canadian Press was first published Oct. 11, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.



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Consumer sentiment slightly improves, but still subdued: BoC survey

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The Bank of Canada says consumers were less pessimistic about their finances as summer wound down but are still not upbeat about the situation.

The central bank’s survey of consumer sentiment found fewer Canadians expected their finances to worsen over the next year.

It attributed the improvement to lower inflation and recent cuts in the bank’s policy interest rate.

However, even as consumers are becoming more optimistic, the bank says they have reduced their spending because they expect interest rates to remain elevated.

An accompanying survey of businesses found companies in the country also had a subdued outlook from July to September.

They reported muted inflationary pressures as demand weakened, firms had excess capacity and price growth slowed.

This report by The Canadian Press was first published Oct. 11, 2024.

The Canadian Press. All rights reserved.



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