Business
A look at COVID-19 vaccinations in Canada on Friday, March 12, 2021 – MSN Canada
The latest numbers on COVID-19 vaccinations in Canada as of 10:30 p.m. ET on Friday, March 12, 2021.
© Provided by The Canadian Press
In Canada, the provinces are reporting 95,261 new vaccinations administered for a total of 2,814,488 doses given. Nationwide, 590,192 people or 1.6 per cent of the population has been fully vaccinated. The provinces have administered doses at a rate of 7,426.231 per 100,000.
Load Error
There were no new vaccines delivered to the provinces and territories for a total of 3,227,410 doses delivered so far. The provinces and territories have used 87.21 per cent of their available vaccine supply.
Please note that Newfoundland, P.E.I., Nova Scotia, New Brunswick and the territories typically do not report on a daily basis.
Newfoundland is reporting 8,864 new vaccinations administered over the past seven days for a total of 33,621 doses given. The province has administered doses at a rate of 64.207 per 1,000. In the province, 1.75 per cent (9,170) of the population has been fully vaccinated. There were zero new vaccines delivered to Newfoundland for a total of 48,470 doses delivered so far. The province has received enough of the vaccine to give 9.3 per cent of its population a single dose. The province has used 69.36 per cent of its available vaccine supply.
P.E.I. is reporting 1,945 new vaccinations administered over the past seven days for a total of 15,226 doses given. The province has administered doses at a rate of 95.985 per 1,000. In the province, 3.52 per cent (5,584) of the population has been fully vaccinated. There were zero new vaccines delivered to P.E.I. for a total of 15,885 doses delivered so far. The province has received enough of the vaccine to give 10 per cent of its population a single dose. The province has used 95.85 per cent of its available vaccine supply.
Nova Scotia is reporting 8,215 new vaccinations administered over the past seven days for a total of 46,891 doses given. The province has administered doses at a rate of 48.049 per 1,000. In the province, 1.60 per cent (15,655) of the population has been fully vaccinated. There were zero new vaccines delivered to Nova Scotia for a total of 73,680 doses delivered so far. The province has received enough of the vaccine to give 7.5 per cent of its population a single dose. The province has used 63.64 per cent of its available vaccine supply.
New Brunswick is reporting 4,742 new vaccinations administered over the past seven days for a total of 38,483 doses given. The province has administered doses at a rate of 49.335 per 1,000. In the province, 1.56 per cent (12,152) of the population has been fully vaccinated. There were zero new vaccines delivered to New Brunswick for a total of 56,135 doses delivered so far. The province has received enough of the vaccine to give 7.2 per cent of its population a single dose. The province has used 68.55 per cent of its available vaccine supply.
Video: Alberta struggles with Canada’s second highest unemployment rate (Global News)
Quebec is reporting 29,603 new vaccinations administered for a total of 648,663 doses given. The province has administered doses at a rate of 75.808 per 1,000. There were zero new vaccines delivered to Quebec for a total of 825,065 doses delivered so far. The province has received enough of the vaccine to give 9.6 per cent of its population a single dose. The province has used 78.62 per cent of its available vaccine supply.
Ontario is reporting 43,503 new vaccinations administered for a total of 1,062,910 doses given. The province has administered doses at a rate of 72.361 per 1,000. In the province, 1.92 per cent (282,748) of the population has been fully vaccinated. There were zero new vaccines delivered to Ontario for a total of 1,086,745 doses delivered so far. The province has received enough of the vaccine to give 7.4 per cent of its population a single dose. The province has used 97.81 per cent of its available vaccine supply.
Manitoba is reporting 1,699 new vaccinations administered for a total of 99,482 doses given. The province has administered doses at a rate of 72.245 per 1,000. In the province, 2.28 per cent (31,464) of the population has been fully vaccinated. There were zero new vaccines delivered to Manitoba for a total of 159,220 doses delivered so far. The province has received enough of the vaccine to give 12 per cent of its population a single dose. The province has used 62.48 per cent of its available vaccine supply.
Saskatchewan is reporting 2,692 new vaccinations administered for a total of 98,571 doses given. The province has administered doses at a rate of 83.595 per 1,000. In the province, 2.44 per cent (28,771) of the population has been fully vaccinated. There were zero new vaccines delivered to Saskatchewan for a total of 93,145 doses delivered so far. The province has received enough of the vaccine to give 7.9 per cent of its population a single dose. The province has used 105.8 per cent of its available vaccine supply.
Alberta is reporting 15,805 new vaccinations administered for a total of 333,379 doses given. The province has administered doses at a rate of 75.733 per 1,000. In the province, 2.08 per cent (91,470) of the population has been fully vaccinated. There were zero new vaccines delivered to Alberta for a total of 326,445 doses delivered so far. The province has received enough of the vaccine to give 7.4 per cent of its population a single dose. The province has used 102.1 per cent of its available vaccine supply.
British Columbia is reporting zero new vaccinations administered for a total of 366,791 doses given. The province has administered doses at a rate of 71.477 per 1,000. In the province, 1.70 per cent (87,024) of the population has been fully vaccinated. There were zero new vaccines delivered to British Columbia for a total of 445,920 doses delivered so far. The province has received enough of the vaccine to give 8.7 per cent of its population a single dose. The province has used 82.25 per cent of its available vaccine supply.
Yukon is reporting zero new vaccinations administered for a total of 26,374 doses given. The territory has administered doses at a rate of 632.00 per 1,000. In the territory, 22.17 per cent (9,253) of the population has been fully vaccinated. There were zero new vaccines delivered to Yukon for a total of 35,000 doses delivered so far. The territory has received enough of the vaccine to give 84 per cent of its population a single dose. The territory has used 75.35 per cent of its available vaccine supply.
The Northwest Territories are reporting zero new vaccinations administered for a total of 28,208 doses given. The territory has administered doses at a rate of 625.191 per 1,000. In the territory, 24.71 per cent (11,151) of the population has been fully vaccinated. There were zero new vaccines delivered to the Northwest Territories for a total of 35,300 doses delivered so far. The territory has received enough of the vaccine to give 78 per cent of its population a single dose. The territory has used 79.91 per cent of its available vaccine supply.
Nunavut is reporting 217 new vaccinations administered for a total of 15,889 doses given. The territory has administered doses at a rate of 410.293 per 1,000. In the territory, 14.85 per cent (5,750) of the population has been fully vaccinated. There were zero new vaccines delivered to Nunavut for a total of 26,400 doses delivered so far. The territory has received enough of the vaccine to give 68 per cent of its population a single dose. The territory has used 60.19 per cent of its available vaccine supply.
*Notes on data: The figures are compiled by the COVID-19 Open Data Working Group based on the latest publicly available data and are subject to change. Note that some provinces report weekly, while others report same-day or figures from the previous day. Vaccine doses administered is not equivalent to the number of people inoculated as the approved vaccines require two doses per person. The vaccines are currently not being administered to children under 18 and those with certain health conditions. In some cases the number of doses administered may appear to exceed the number of doses distributed as some provinces have been drawing extra doses per vial.
This report was automatically generated by The Canadian Press Digital Data Desk and was first published March 12, 2021.
The Canadian Press
Article content
Divisions within the Bank of Canada over the timing of a much-anticipated cut to its key overnight interest rate stem from concerns of some members of the central bank’s governing council that progress on taming inflation could stall in the face of stronger domestic demand — or even pick up again in the event of “new surprises.”
“Some members emphasized that, with the economy performing well, the risk had diminished that restrictive monetary policy would slow the economy more than necessary to return inflation to target,” according to a summary of deliberations for the April 10 rate decision that were published Wednesday. “They felt more reassurance was needed to reduce the risk that the downward progress on core inflation would stall, and to avoid jeopardizing the progress made thus far.”
Article content
Others argued that there were additional risks from keeping monetary policy too tight in light of progress already made to tame inflation, which had come down “significantly” across most goods and services.
Some pointed out that the distribution of inflation rates across components of the consumer price index had approached normal, despite outsized price increases and decreases in certain components.
“Coupled with indicators that the economy was in excess supply and with a base case projection showing the output gap starting to close only next year, they felt there was a risk of keeping monetary policy more restrictive than needed.”
In the end, though, the central bankers agreed to hold the rate at five per cent because inflation remained too high and there were still upside risks to the outlook, albeit “less acute” than in the past couple of years.
Despite the “diversity of views” about when conditions will warrant cutting the interest rate, central bank officials agreed that monetary policy easing would probably be gradual, given risks to the outlook and the slow path for returning inflation to target, according to the summary of deliberations.
Article content
They considered a number of potential risks to the outlook for economic growth and inflation, including housing and immigration, according to summary of deliberations.
The central bankers discussed the risk that housing market activity could accelerate and further boost shelter prices and acknowledged that easing monetary policy could increase the likelihood of this risk materializing. They concluded that their focus on measures such as CPI-trim, which strips out extreme movements in price changes, allowed them to effectively look through mortgage interest costs while capturing other shelter prices such as rent that are more reflective of supply and demand in housing.
Recommended from Editorial
They also agreed to keep a close eye on immigration in the coming quarters due to uncertainty around recent announcements by the federal government.
“The projection incorporated continued strong population growth in the first half of 2024 followed by much softer growth, in line with the federal government’s target for reducing the share of non-permanent residents,” the summary said. “But details of how these plans will be implemented had not been announced. Governing council recognized that there was some uncertainty about future population growth and agreed it would be important to update the population forecast each quarter.”
• Email: bshecter@nationalpost.com
Bookmark our website and support our journalism: Don’t miss the business news you need to know — add financialpost.com to your bookmarks and sign up for our newsletters here.
Share this article in your social network
Shares in US tech giant Meta have sunk in US after-hours trading despite better-than-expected earnings.
The Facebook and Instagram owner said expenses would be higher this year as it spends heavily on artificial intelligence (AI).
Its shares fell more than 15% after it said it expected to spend billions of dollars more than it had previously predicted in 2024.
Meta has been updating its ad-buying products with AI tools to boost earnings growth.
It has also been introducing more AI features on its social media platforms such as chat assistants.
The firm said it now expected to spend between $35bn and $40bn, (£28bn-32bn) in 2024, up from an earlier prediction of $30-$37bn.
Its shares fell despite it beating expectations on its earnings.
First quarter revenue rose 27% to $36.46bn, while analysts had expected earnings of $36.16bn.
Sophie Lund-Yates, lead equity analyst at Hargreaves Lansdown, said its spending plans were “aggressive”.
She said Meta’s “substantial investment” in AI has helped it get people to spend time on its platforms, so advertisers are willing to spend more money “in a time when digital advertising uncertainty remains rife”.
More than 50 countries are due to have elections this year, she said, “which hugely increases uncertainty” and can spook advertisers.
She added that Meta’s “fortunes are probably also being bolstered by TikTok’s uncertain future in the US”.
Meta’s rival has said it will fight an “unconstitutional” law that could result in TikTok being sold or banned in the US.
President Biden has signed into law a bill which gives the social media platform’s Chinese owner, ByteDance, nine months to sell off the app or it will be blocked in the US.
Ms Lund-Yates said that “looking further ahead, the biggest risk [for Meta] remains regulatory”.
Last year, Meta was fined €1.2bn (£1bn) by Ireland’s data authorities for mishandling people’s data when transferring it between Europe and the US.
And in February of this year, Meta chief executive Mark Zuckerberg faced blistering criticism from US lawmakers and was pushed to apologise to families of victims of child sexual exploitation.
Ms Lund-Yates added that the firm has “more than enough resources to throw at legal challenges, but that doesn’t rule out the risks of ups and downs in market sentiment”.
|
|
Oil companies planning to ship crude on the expanded Trans Mountain pipeline in Canada are concerned that the project may not begin full service on May 1 but they would be nevertheless obligated to pay tolls from that date.
In a letter to the Canada Energy Regulator (CER), Suncor Energy and other shippers including BP and Marathon Petroleum have expressed doubts that Trans Mountain will start full service on May 1, as previously communicated, Reuters reports.
Trans Mountain Corporation, the government-owned entity that completed the pipeline construction, told Reuters in an email that line fill on the expanded pipeline would be completed in early May.
After a series of delays, cost overruns, and legal challenges, the expanded Trans Mountain oil pipeline will open for business on May 1, the company said early this month.
“The Commencement Date for commercial operation of the expanded system will be May 1, 2024. Trans Mountain anticipates providing service for all contracted volumes in the month of May,” Trans Mountain Corporation said in early April.
The expanded pipeline will triple the capacity of the original pipeline to 890,000 barrels per day (bpd) from 300,000 bpd to carry crude from Alberta’s oil sands to British Columbia on the Pacific Coast.
The Federal Government of Canada bought the Trans Mountain Pipeline Expansion (TMX) from Kinder Morgan back in 2018, together with related pipeline and terminal assets. That cost the federal government $3.3 billion (C$4.5 billion) at the time. Since then, the costs for the expansion of the pipeline have quadrupled to nearly $23 billion (C$30.9 billion).
The expansion project has faced continuous delays over the years. In one of the latest roadblocks in December, the Canadian regulator denied a variance request from the project developer to move a small section of the pipeline due to challenging drilling conditions.
The company asked the regulator to reconsider its decision, and received on January 12 a conditional approval, avoiding what could have been another two-year delay to start-up.
Why the Bank of Canada decided to hold interest rates in April – Financial Post
Apple iPad Air 2024: Insider Makes Hasty U-Turn On New Feature – Forbes
AHS confirms case of measles in Edmonton – CityNews Edmonton
Silver investment demand jumped 12% in 2019
12 Bizarre Things People Did Just To Make Social Media Content
Global Media Markets, 2015-2020, 2020-2025F, 2030F – TV and Radio Broadcasting, Film and Music, Information Services, Web Content, Search Portals And Social Media, Print Media, & Cable – GlobeNewswire
-
News22 hours ago
Amid concerns over ‘collateral damage’ Trudeau, Freeland defend capital gains tax change
-
Art19 hours ago
The unmissable events taking place during London’s Digital Art Week
-
Politics23 hours agoHow Michael Cohen and Trump went from friends to foes
-
Real eState24 hours ago
Blending Function and Style: The Best Garage Door Designs for Contemporary Homes
-
Health24 hours ago
Interior Health delivers nearly 800K immunization doses in 2023
-
News23 hours ago
U.K. tabloids abuzz with Canadian’s ‘Loch Ness monster’ photo
-
Politics22 hours ago
Politics Briefing: Saskatchewan residents to get carbon rebates despite province’s opposition to pricing program
-
News21 hours ago
What is a halal mortgage? How interest-free home financing works in Canada
