China’s thermal coal futures slumped to their lowest in more than a month on Wednesday, marking a sixth consecutive day of declines, after the country’s state planner said it would conduct “clean up and rectification” work on coal storage sites.
The most-traded thermal coal contract on the Zhengzhou Commodity Exchange fell 10%, hitting its daily trading limit on Wednesday morning, and is down about 40% from the record highs hit last week on the back of a coal supply shortage.
Other commodities prices followed suit, trading largely in the red on Wednesday morning. Coking coal and coke futures also hit their limit down of 9%, while liquefied petroleum gas fell 4.8%.
Petrochemicals such as methanol and ethylene glycol fell 6.9% and 4.3% respectively, while urea, which uses coal as feedstock, declined 3.8%.
China, the world’s biggest producer and consumer of coal, has been grappling with a power crunch. Coal-fired power accounts for about 60% of the country’s total electricity generation, leading to electricity rationing for industry in many regions and hurting growth in the world’s second-largest economy.
Beijing has taken a raft of measures to raise coal and power supplies, including approving new coal mines and allowing power firms to raise prices for customers.
In its latest move, China’s state planner said it will conduct “clean up and rectification” work on coal storage sites in some coal-producing areas and ban storage sites without approvals in its latest move to address skyrocketing coal prices.
The National Development and Reform Commission (NDRC) said in a statement late Tuesday that there were many unlicensed coal storage sites around mines in the main producing areas of Shanxi, Shaanxi and Inner Mongolia, “making it convenient for illegal traders to hoard coal,” and “seriously disrupting” the market’s operations.
Besides stepping up investigations and strengthening supervision, the three areas also need to establish a reporting system for legal and compliant coal storage sites, and ban those without approvals, the NDRC said.
They should also crack down on illegal profit-making activities such as hoarding and driving up coal prices by using illegal coal storage sites, the statement said.
In a bid to ease the supply crunch, China has been pushing coal miners to ramp up output and increasing imports so power stations can rebuild stockpiles before the winter heating season, but analysts say shortages are likely to persist for at least another few months.
Average coal prices for next year are forecast to ease to 700 yuan from 912 yuan in 2021, Morgan Stanley said in a research note to clients on Tuesday.
“We highlight the risk of disappointing average selling prices for coal miners on the back of government intervention,” it said.
“Near term, we see policy measures increasing the incentive for producers to push coal production higher for the winter peak season,” it added, adding that moderating demand will further narrow the supply-demand gap.
Profits at China’s industrial firms rose at a faster pace in September despite surging prices and supply bottlenecks, mainly due to stellar growth in mining and raw materials industries, although power firms profits were squeezed as they struggled to shake off the high costs of coal.
(Reporting by Shivani Singh in Beijing and Shanghai newsroom. Editing by Gerry Doyle)
Protecting Prince Harry cost Canadians more than $334,000 – CBC News
Protecting Prince Harry and his family during visits to Canada cost Canadian taxpayers more than $334,000 over a period of less than four years, CBC News has learned.
Records obtained by CBC News from the Royal Canadian Mounted Police under the Access to Information Act show that security related to Harry’s visits between April 1, 2017 and March 31, 2018 cost taxpayers $182,430. That sum covered things like overtime and travel costs but not the salaries of police officers.
In January 2020 — as the Duke and Duchess of Sussex publicly contemplated living in Canada part of the year — the RCMP estimated that protecting them and their son while in this country could cost taxpayers nearly $33,000 a month.
According to the Court Circular, which outlines the public activities of members of the Royal Family, Prince Harry had one public visit to Canada during 2017 and 2018 — a week-long trip to attend events in Toronto. The events included the Invictus Games — which Harry founded — a WE Day celebration and a reception for young people who received Duke of Edinburgh gold awards.
Prince Harry’s appearance at the Invictus Games drew widespread media attention because it was one of the first times he was seen in public with Meghan Markle, an American actress living in Toronto.
The pair, who met in July 2016 in London, were engaged in November 2017 and married in May 2018, when Prince Harry was granted the title of Duke of Sussex.
That wasn’t Prince Harry’s only visit to Toronto during that period. In April 2017, paparazzi photographers waiting outside Markle’s home in Toronto’s Seaton Village neighbourhood captured images of Prince Harry arriving at her home during a private, unannounced trip.
It’s not known how many times Prince Harry came to Canada to visit Markle. The RCMP refused to provide a breakdown to explain how it spent $182,430 to protect him during 2017 and 2018. Public Safety Minister Marco Mendicino’s office referred questions to the RCMP.
Spokespeople for the Duke and Duchess of Sussex’s Archewell organization did not respond to questions and interview requests from CBC News.
Pursued by the press
Alastair MacPherson, a photographer who has done freelance work for Splash News, said photographers started hanging out around Markle’s house when news came out in the fall of 2016 that she and Harry were dating.
“Before everyone knew that they were seeing each other, he was here for some time around Halloween and they went to some Halloween party,” he said. “After that happened, people found out that they might be seeing each other and that’s when the reporters and photographers would have been trying to find him.”
When Prince Harry visited Markle, six black SUVs with members of Prince Harry’s British security detail could be seen on the residential street, said MacPherson.
Pierre-Yves Borduas, a former deputy commissioner of the RCMP who is now president of PY Safety, said RCMP officers would have accompanied the British security officers.
Prince Harry made a private trip to Toronto in December 2016, detouring to visit Markle on his way home from an official visit of seven Caribbean countries. He also travelled to Toronto on a public trip earlier that year in May — two months before he met Markle — to announce that the 2017 Invictus Games would be held there.
The additional costs to the RCMP for Prince Harry’s security during that period totalled $52,978.
The RCMP incurred $5,726 in costs to protect the Duke and Duchess of Sussex between April 1, 2018 and March 31, 2019 and no costs at all from Jan. 1, 2014 to March 31, 2016.
Canada’s image is on the line: security expert
When someone like Prince Harry travels to Canada for official duties or a private visit, the RCMP has to assess the potential threats to their safety and provide them with protection, said Borduas.
“They still have responsibility, because what if something would happen to that very important person in our country?” he said. “The ripple effect … could have a negative reflection on our country and how [seriously] we are taking the security of these types of individuals that are enjoying the hospitality of our country.”
While Borduas said he couldn’t explain how the RCMP spent $182,430 in a single year to protect Prince Harry, he said protecting him during the highly publicized, well-attended Invictus Games would cost more than security for a low-profile, private visit.
Once Harry stepped back from royal duties, the RCMP’s obligation to provide protection during his trips to Canada would have ended and responsibility for his security would have transitioned to other providers, said Borduas.
In the United Kingdom, a committee decides who warrants taxpayer-funded security, and being a member of the Royal Family does not guarantee round-the-clock protection. In March 2021, the Daily Mail reported that while royals like the Queen, Prince Charles and Prince William get 24/7 publicly funded security, others like Princess Anne and Prince Edward only get taxpayer-paid security when performing official duties or engagements. Still others, like Prince Harry’s cousins Princess Beatrice and Princess Eugenie, who have fewer official duties, have to pay for their own security.
‘This has the potential to cost us huge’
In the heavily redacted e-mails obtained by CBC News, the prospect of providing security for a member of the Royal Family living part of the year in Canada loomed large for people like Assistant Commissioner Bernadine Chapman, who headed the national division that provides protection for VIPs.
“Media is on this like a hot potato … so lots of coverage of the potential of the royals to spend half their time in Canada now, as an independent couple,” she wrote on Jan. 10, 2020. “Media spin is about the cost to Canadians … (Redacted) … We are having a greater conversation next week on the go forward on this. This has the potential to cost us huge!”
In the end, protecting the Sussexes during their Christmas in Canada until Feb. 27, 2020 cost the RCMP more than $93,000 — part of the $334,000 total.
In a briefing note to then-minister of public safety Bill Blair to explain its decision to tell the Metropolitan Police in early January of 2020 that it was going to end protective policing services for the Duke and Duchess of Sussex, the RCMP made a distinction between private and official visits by the couple.
“The Sussex family’s stay in Canada is of a private nature and, to date, there have been no official outings wherein the Duke and Duchess are representing the Queen,” the force wrote. “There is no indication of either the Duke or Duchess participating in any official capacity for the Crown in Canada in the next two months. Should this change, however, the RCMP will assess and provide security accordingly.”
The couple’s decision later that month to step back from their roles as senior members of the Royal Family also played a role in the RCMP’s assessment, according to the briefing note.
“Family members on private visits to Canada are eligible to receive RCMP protective policing services in alignment with the RCMP’s assessment of threat/risk, but this is a reflection of their official status within the Royal Family,” said the note. “As per the statement from Buckingham Palace on January 18, 2020, the Duke and Duchess ‘will no longer use their HRH titles as they are no longer working members of the Royal Family.'”
The Canadian Taxpayers Federation — which first revealed the cost of RCMP security for the Duke and Duchess of Sussex’s Christmas in Canada — says it wants to see more transparency about where taxpayers’ money went.
“This isn’t just a few dollars and cents,” said CTF federal director Franco Terrazanno. “This is thousands and thousands of dollars that are being billed to taxpayers. So certainly we deserve an explanation and certainly we deserve full transparency.”
Elizabeth Thompson can be reached at email@example.com
Tracking omicron: Canadian scientists race to understand new variant – CBC News
Canadian scientists are racing to understand more about the threat of the omicron variant — how fast it spreads, whether it causes more or less severe illness, and if it can escape previous immunity to COVID-19 — but it could take weeks before a full picture emerges.
There have been dozens of suspected and confirmed cases of omicron reported throughout Canada in recent days, but several have no known link to international travel and have prompted concerns the variant could already be driving outbreaks here.
Health officials in London, Ont., confirmed omicron is now linked to a cluster of at least 40 COVID-19 cases in the city associated with schools, child care centres and a church, with 171 high-risk close contacts identified.
And countries such as South Africa, Denmark and England are already reporting widespread community transmission of the variant, with growing evidence that omicron was already spreading in Europe before it was identified by researchers in southern Africa.
Canadian labs better prepared for omicron
But the capacity to analyze this new variant and quickly share information about it both in Canada and globally has grown dramatically from a year ago, when the alpha and beta variants of concern first emerged.
“The most important thing for Canadians to know is that we have spent more than a year building the capacity for genomic surveillance,” said Catalina Lopez-Correa, executive director of The Canadian COVID Genomics Network (CanCOGeN).
“But it’s really early days for us to predict the clinical outcomes, the transmissibility, also we don’t know if this variant will be as fast taking over like delta … all this we can only see with time.”
Marc-André Langlois, a molecular virologist at the University of Ottawa who heads the Coronavirus Variants Rapid Response Network (CoVaRR-Net), says labs across the country are working tirelessly to conduct experiments on omicron.
“What’s changed is the fact that we’ve managed to bring our academic laboratory assets together,” Langlois said. “We have epidemiologists, we have modellers, we have immunologists, virologists and they’ve all come together.”
Guillaume Bourque, director of bioinformatics at the McGill Genome Centre in Montreal, says Canada is also now able to act on the data more quickly.
“Now we have the system in place,” Bourque said. “We want to make it available to public health and to the scientific community as fast as possible, so that people can really start working on trying to understand the variant and then give advice to public health in terms of the best approach to try to contain it.”
Langlois says that the early data coming out of southern Africa on omicron is useful — but limited in scope.
“That snapshot is very, very different to the Canadian landscape. So the information we have now is indicative, but it’s not a true reflection of what’s going to happen when this variant spreads in Canada,” he said. “This is why we need a Canadian network to look at the Canadian situation.”
Langlois said the first tests will look at whether antibodies from COVID-19 vaccines will still neutralize the virus compared to other variants, but figuring out how much of an impact omicron could have on vaccine effectiveness at a population level will take time.
“We’re talking about maybe two, three more weeks to get some neutralizing data from the blood of Canadians,” he said.
Not enough data to ‘speculate’ on omicron impact yet
But Canadian scientists aren’t just looking on Canadian soil for answers — they’re also poring over hints from around the world about the impact omicron could have here.
Angela Rasmussen, a virologist at the Vaccine and Infectious Disease Organization (VIDO) at the University of Saskatchewan, says epidemiologic data from documented omicron cases in Canada and globally will be key.
“We’re looking at the number of breakthrough infections that occur, looking at the number of people who’ve been vaccinated, who end up not only with infection with the omicron variant but also in the hospital,” she said.
“We are reliant on these studies to determine really whether the vaccines will remain effective — including protecting against severe disease caused by omicron.”
Another way scientists are understanding more about how omicron spreads is by experimenting with the virus in other species using challenge studies, where animal models are vaccinated and then infected with the variant to determine how severe their illness is.
“We’re looking to see what type of clinical manifestations this variant causes in laboratory animals and if in laboratory animals this particular variant can transmit easily,” said Alyson Kelvin, a virologist at the Canadian Center for Vaccinology and VIDO in Saskatoon.
“Those are key evaluations that need to occur before we can really speculate anything about this variant.”
Could omicron overtake delta in Canada?
Delta remains the dominant variant in Canada, but if early speculation about omicron being more transmissible and causing less severe disease holds true, experts say we could be looking at a very different epidemic picture in Canada in the coming weeks and months.
“To be honest, I wouldn’t be surprised if it does take off because if it’s like delta, the main thing we can do is slow down progression,” said Bourque.
“We need to learn as much as we can from experiments that we’ll be doing here on those samples, but also from other colleagues from all over the world.”
Bourque says Canadian scientists can piece together a better picture of omicron in the coming days, which will help “buy ourselves a few weeks” to make the most educated decision possible going forward on how best to mitigate potential spread.
“What concerns I think a lot of scientists, including myself, is that we’re seeing omicron slowly overtaking delta in southern parts of Africa. So at least over there, it looks like it is more transmissible than delta,” Langlois said.
“Will that hold true for Canada and the northern hemisphere? We don’t know. But it is likely to be more transmissible.”
‘Concerning’ mutations don’t tell whole story
Omicron contains more than 30 mutations in the spike protein alone, the part of the coronavirus which helps it enter human cells, some of which are associated with resistance to neutralization from antibodies.
But scientists are urging caution before drawing too much from the limited data on the real world impact of omicron to date.
“Those mutations are concerning, but we had several different variants across this pandemic that had mutations in very concerning sites and they didn’t end up being highly transmissible or more pathogenic,” said Lopez-Correa.
Kelvin says just because a variant has concerning mutations, does not mean it will necessarily take off — especially in the face of other variants like delta.
“The beta variant, which was first identified in South Africa, had probably the lowest amount of neutralization from either vaccine antibodies or antibodies from people who’ve recovered from COVID-19,” she said.
“But that’s not the variant that we saw that spread around the world.”
Until we know more from laboratory tests and real world data in highly vaccinated populations, speculation about the impact omicron could have in Canada and around the world should be weighed carefully.
“Yes, this variant is concerning. Yes it will likely be more resistant to neutralization. But is this variant a monster? Probably not. The vaccines will work against this variant,” said Langlois.
“To what extent? That’s the question.”
Could surge in COVID-19 cases mean more restrictions? – CTV News
As Canada’s two most populous provinces grapple with a surge in COVID-19 cases, concerns are swirling over whether new restrictions could be imposed before the holidays.
On Saturday, 1,512 new COVID-19 cases were detected in Quebec, marking the highest single-day tally in the province since April.
A total of 1,234 new cases were reportedin the provinceon Tuesday.
Meanwhile, in Ontario, 1,184 new cases were detected on Sunday, marking the province’s highest daily increase in six months.
On Tuesday, Ont.officials said 928 more people had tested positive for the virus.
Dr. Doug Manuel is a senior scientist in the Ottawa Hospital Research Institute’s clinical epidemiology program.
He told CTV’s Your Morning that in some places, the increase in case counts has already resulted in additional restrictions.
“You’re already seeing it in say Windsor-Essex – they’ve reduced their capacity in restaurants by 50 per cent,” Manuel said Tuesday.
He said in Ontario, a lot of the places hardest-hit are rural communities outside of the greater Toronto area.
“In many places across Canada, we’re getting cases above 100 cases per million per day,” Manuel said. “That’s often when public health can’t keep up anymore with contact tracing and starts to think about more restrictions.”
To date, 76 per cent of the Canadian population are vaccinated against the virus.
Asked whether the vaccination rate means Canada could see less extreme measures, should they be reintroduced, Manuel said it “helps tremendously.”
“We’re following Europe,” he said. “Europe has about the same vaccination rate as us and many countries, they opened up quite quickly later in the summer or in the fall, and their cases went up quickly, and now they’re imposing restrictions and some of those countries are imposing more severe restrictions than we have in Canada.”
Manuel said he “hasn’t seen” a country or jurisdiction “successfully make that transition with current vaccination rates.”
“But that doesn’t mean that we have to have full restriction like we’ve seen in the past,” he said.
Ultimately, Manuel said things are dependent on what happens with the Omicron variant.
The variant — first detected in South Africa — has caused global panic. Several countries, including Canada, have imposed more stringent travel restrictions in a bid to keep the disease outside of their borders.
However, by Monday, at least 23 cases of the Omicron variant had already been detected in Canada.
Manuel said he expects Omicron will “take over as the dominant strain worldwide, sooner than later.”
He said researchers are waiting for more data from South Africa, to determine whether those who have been infected with the Omicron variant experience more severe symptoms.
“The hospitalization rates are starting to go up there quite quickly,” he said. “But we’re still hearing that people in hospital are less severe than they’ve seen in the past.”
He said “for sure it’s more transmissible.”
“It will likely take over very quickly, and the only question is as it comes in quickly, will that result in increase hospitalizations and deaths?” he continued. “That will dictate what we do moving forward.”
WHAT HAVE PROVINCIAL AUTHORITIES SAID?
Health officials in both Ontario and Quebec have suggested new restrictions are not in the immediate plans.
Last week, Ontario’s Chief Medical Officer of Health Dr. Kieran Moore said he doesn’t expect the province will re-impose restrictions due to the Omicron variant.
“If we see widespread presence of Omicron across Ontario, which is not the case at present, then we could review any measures that we need to take at a provincial level.”
He said, though that he doesn’t have a “crystal ball.”
Moore said if it’s a “less lethal virus,” has less impact on the province’s hospital sector and vaccines continue to work against it, “we will continue our current strategy and not have to have any further public health restrictions.”
However, on Tuesday, officials in Ontario did announce the pause on moving to the next step of reopening plans would continue indefinitely.
Next week, capacity limits were supposed to be lifted in some high-risk settings where proof of COVID-19 vaccination is required.
However, that was delayed last month due to a surge in cases.
In new modelling released by the Science Table COVID-19 advisory for Ontario on Tuesday, researchers said cases are rising in “most public health units” across the province due to the Delta variant.
“Testing has not increased, but positivity is rising,” the updated projection document reads. “This is a real rise in cases.”
The scientists said modelling shows that, even without the Omicron variant, occupancy in intensive care units at hospitals in Ontario is expected to climb to between 250 and 400 by January, putting hospitals under strain once again.
“We can’t predict Omicron precisely, but it will almost certainly hit us hard and fast,” the scientists said in a series of tweets on Tuesday. “Cases are rising, even without much Omicron yet. Our hospitals and ICUs are feeling pressure again. We need to increase vaccination and we can’t let up on public health measures.”
Meanwhile in Quebec, officials announced Tuesday that gatherings of up to 20 vaccinated people will be allowed in private homes beginning on Dec. 23.
Currently only 10 people from no more than three households are allowed to gather in homes.
Premier Francois Legault said last week that the province was not planning to add additional public health measures.
“I know Quebecers well enough to know that there are many people fed up with the current measures,” he said. “We don’t like the trend, but it’s under control.”
Legault said as long as hospitalizations “stay at low levels, it remains under control.”
With files from CTV’s Katharine DeClerq and Sean Davidson, and The Canadian Press
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