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Canadian doctors investigate possible link between COVID-19 and rare children's disease – NewsClicks

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TORONTO —
Montreal doctors are investigating whether or not an uncommon cluster of circumstances of a rare disease that impacts youngsters was one way or the other triggered by COVID-19, however they warning that they haven’t but confirmed a strong link.

Doctors in Europe have already been trying into suspiciously excessive numbers of circumstances of what seems to be Kawasaki disease, which is typically present in youngsters after a viral or bacterial an infection.

Symptoms of the sickness embrace rashes, fever, bloodshot eyes and swollen fingers and ft. In most circumstances youngsters get well with the assistance of medicine, however the sickness can result in everlasting coronary heart harm if left untreated.

In Quebec, solely a handful of circumstances have been reported in youngsters. So far none have been critical sufficient to require therapy at an intensive care unit.

“We’ve been seeing this this last few weeks, it struck us as unusual to have so many at the same time,” Fatima Kakkar, a physician at Sainte-Justine Hospital in Montreal, informed CTV News.

“We’re not fairly certain what to make of it but.”

A workforce of Montreal doctors who’ve studied the circumstances, which Kakkar describes as “atypical presentations of Kawasaki disease,” at the moment are making ready to publish their findings in hopes of sharing what they know with the medical group. But specialists warning that it’s far too quickly to attract a connection between the coronavirus and Kawasaki disease.

“I think it’s really important that we remember that these are early days that these are preliminary findings, and that we have a great deal more to learn,” Dr. Charlotte Moore Hepburn of the Canadian Paediatric Society informed CTV News.

GLOBAL CASES EMERGING

As of Friday, the Montreal workforce confirmed at the least 12 circumstances of Kawasaki within the final three weeks.

Quebec’s uptick in circumstances of Kawasaki disease bear some resemblance to clusters reported around the globe. In Italy, one hospital has seen 5 circumstances in just some weeks. Normally, they’d see that many circumstances in a 12 months.

In the United States, a six-month-old baby was recently diagnosed with Kawasaki disease after breaking out right into a blotchy rash and experiencing swelling on her fingers and ft. Follow-up testing confirmed that the kid was optimistic for the coronavirus.

More extreme circumstances have been reported within the United Kingdom, the place roughly 12 youngsters have been hospitalized with the sickness.

Last weekend, England’s National Health Service issued an alert warning doctors of a small however rising group of circumstances of youngsters hospitalized with two multi-system inflammatory illnesses: poisonous shock syndrome and Kawasaki disease.

The alert caught the eye of the Montreal doctors, who had been already trying into the Quebec cluster.

“Sometimes things happen in medicine that are just isolated clusters — we see them and then they go away, and there’s really no clear cause. But in this case I think we need to try and understand why,” Kakkar mentioned.

Dr. Ronald Cohn, president and CEO of SickKids, mentioned the U.Okay. circumstances are “certainly of interest” however added that it’s too early to be alarmed as a result of a few of these sufferers didn’t check optimistic for COVID-19.

“At a time when we are still learning about this new virus that has only been detected in humans over the last few months, it is important to carefully analyze any data we have and put it in an evidence-based context,” Dr. Cohn mentioned in an announcement.

In Canada, it’s estimated that 30 out of 100,000 youngsters underneath the age of 5 will fall in poor health with the disease, in accordance with Kawasaki Disease Canada. About 75 to 80 per cent of all circumstances contain youngsters underneath the age of 5.

Another uncommon issue within the Quebec circumstances, doctors say, is that they’re seeing older youngsters develop into sick.

“We’re seeing it in all ages, from infants to adolescence,” Kakkar mentioned.

Serious circumstances of COVID-19 in youngsters are rare. So far, just five per cent of all cases in Canada have concerned folks 19 or youthful. More than 90 per cent of all COVID-19 deaths are amongst these aged 60 and older.

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Canada’s M&A boom fuels hiring spree, higher pay

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Record-breaking dealmaking in Canada is encouraging investment banks to beef up staffing, but the increased demand for bankers is forcing some to pay up in unique ways to attract new hires.

Canadian mergers and acquisitions (M&A) year to date surged to a record $206.5 billion and IPOs hit an all-time high of $5.6 billion, according to Refinitiv, after the pandemic crushed dealmaking in the first three quarters of 2020.

HSBC, JPMorgan Chase & Co and National Bank of Canada are expanding their M&A teams.

“It continues to be an active market with lots of active discussions with clients going on as well, and so that has absolutely spurred on a need to fortify the ranks within the teams,” said Scott Lampard, head of global banking for HSBC Bank Canada.

HSBC plans to boost overall investment banking headcount by 20%-25%, mainly at the analyst level to support pitching and executing deals, Lampard said.

PENT-UP DEMAND

With the pace of transaction expected to continue at pace, banks are paying more to hire and retain existing teams, offering a range of new services, like sending in a consultant to create the ideal home office, recruiters say.

“We’ve been doing this for nearly 20 years and we’ve never seen a market like this,” said Bill Vlaad, CEO at recruitment firm Vlaad and Company. “Everybody is scrambling,”

“Many of the banks have increased base salaries quite dramatically, mostly in 2021,” he said, adding salaries had increased 20%-40% across M&A roles.

“Now if you want to attract, you have to put something else on the table.”

To poach talent, banks are adding signing bonuses, extra vacation days, healthcare increases, special programs for mental wellness and home office perks, all tailored to individual requests, Vlaad said.

TD Securities, Barclays, CIBC World Markets are the top M&A advisers year to date. All three declined to comment on hiring plans.

Of the top deals announced this year, Rogers Communications Inc’s C$20 billion ($16.2 billion) bid for Shaw Communications Inc and Canadian National’s bid $33.6 billion offer for Kansas City Southern are the two biggest.

Despite the pandemic, five of the top six Canadian banks paid an average of C$3.1 billion ($2.50 billion) in total bonuses last year, up from C$2.9 billion ($2.34 billion) in 2019, an analysis of filings by Reuters showed.

Headcount at National Bank Finance will be up by four or five people in M&A versus the same time last year, David Savard, head of M&A at the bank, told Reuters.

That put the team at 28 for the large-cap M&A team and 10 for the mid-market team, he said, adding both areas were “booming”.

“There seems to be some pent-up demand for entrepreneurial-led companies and private companies doing M&A coming out of COVID,” he said.

David Rawlings, CEO for JPMorgan Canada, agreed headcount would be likely higher in the near future.

“We think activity will continue to be strong and are currently looking to selectively hire with a particular focus on senior diverse candidates,” said Rawlings.

($1 = 1.2453 Canadian dollars)

(Reporting by Maiya Keidan; Editing by Denny Thomas and Lisa Shumaker)

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French court overturns ruling saying sale of cannabidiol is illegal

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France’s highest appeals court on Wednesday overturned a ruling that stores in the country can’t legally sell cannabidiol (CBD), a non-psychotic compound related to cannabis that is being researched for a variety of medical applications.

Based on the free trade of goods within the European Union, the Cour de cassation ruled that judges could not find the sale of CBD in France illegal if it had been legally produced in a member state of the bloc.

The Court of Justice of the EU ruled last year that no national law can prohibit the sale of CBD legally produced in a member state, the French court also said.

“Without considering whether the substances seized had not been legally produced in another member state of the European Union, the court failed to provide a basis for its decision,” it said, referring to a ruling of a lower appeals court.

The Cour de cassation did not rule whether selling CBD in France was legal or not, and ordered a lower court to rule again on a case involving the owner of a shop selling CBD.

“We are happy”, CBD shop owner Mathieu Bensa, who was not involved in the case, told Reuters after the ruling.

“We did not understand why France was the last country in the European Union that had not given access to the sale of hemp plants”, he said.

Derived mainly from the hemp plant, CBD is increasingly used as a relaxant.

Cannabis stocks have attracted growing interest on world stock markets, particularly on the Toronto stock exchange after Canada became one of the first major economies to legalise the recreational use of marijuana.

Cannabis use is outlawed in France but the country has one of Europe’s highest consumption rates.

(Reporting by Matthieu Protard, Benoit Van Overstraeten and Ardee Napolitano; Editing by Mark Potter)

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Canada Energy Regulator allows resumption of Trans Mountain oil project

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The Canada Energy Regulator (CER) has issued a notice https://bit.ly/35Sm87H allowing Trans Mountain Corp to resume work on its Trans Mountain Expansion (TMX) oil pipeline project.

The company was ordered in April to halt work on a section of the project in Burnaby, British Columbia, for four months to protect hummingbird nests.

The C$12.6 billion ($10.17 billion) TMX project will nearly triple capacity of the pipeline, which runs from Edmonton in Alberta to the coast of British Columbia, to ship 890,000 barrels per day of crude and refined products when completed late 2022.

(Reporting by Arpan Varghese in Bengaluru; Editing by David Goodman)

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