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Coronavirus: What's happening in Canada and around the world Wednesday – CBC.ca

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The latest:

Lawmakers in both Canada and the United States are closer to getting money flowing to people affected by the economic turmoil caused by the COVID-19 pandemic.

In Canada, Government House Leader Pablo Rodriguez tweeted early Wednesday morning that the House had adopted the COVID-19 emergency support, which has $82 billion in aid to families and businesses impacted by the financial fallout from the new coronavirus

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“It’s now up to the Senate,” the tweet said.

The Liberal government and opposition parties, particularly the Conservatives, had been wrangling over some of the measures included in the legislation — particularly around powers it granted to the government, which Conservative Leader Andrew Scheer described in a statement as an attempt at an “undemocratic power grab.”

In the U.S., Senate leaders from both parties and the White House came to an agreement on a $2 trillion aid package late Tuesday.

The plan, which delivers aid for workers, businesses and the health-care system, came after days of arguing over how funding for large industries would be structured.

In the U.K., which recently implemented tougher stay-at-home measures to try to combat the virus, there’s another high-profile case: Prince Charles has tested positive for the novel coronavirus. A spokesperson for Clarence House said he has displayed mild symptoms but otherwise is in good health, and has been working from home.

More than 425,000 people worldwide have been infected by the virus and almost 19,000 have died, according to a Johns Hopkins University case tracker. The novel coronavirus — which has been labelled SARS-CoV-2 — causes an illness called COVID-19, for which there is no proven vaccine or cure.

For most people, the new coronavirus causes mild or moderate symptoms, such as fever and cough that clear up in two to three weeks. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia and death.

It is the more severe cases — often requiring ventilators and specialized care — that threaten to overwhelm hospitals. Several countries are already running short of the critical equipment needed to treat patients and keep doctors and nurses safe. Doctors are dying in Italy, and Spain says 14 per cent of its infections are health-care workers.

In China, where the virus was first reported in late 2019, officials were loosening some restrictions in hard-hit Hubei province. In neighbouring India, meanwhile, people woke up to quiet streets after the government announced broad restrictions to try to stop the virus from spreading.

In recent days, India had gradually expanded stay-at-home orders, banned international and domestic flights and suspended passenger service on its extensive rail system until March 31. Prime Minister Narendra Modi’s announcement of a three-week countrywide lockdown covering nearly one-fifth of the world’s population triggered panic buying on Tuesday night, but the situation eased after the government issued notices that essential services would be provided.

Read on for a look at what’s happening in Canada, the U.S. and around the world.

Here’s what’s happening in Canada’s provinces and territories

In British Columbia, the top public health official says “no community” in the province is immune from the coronavirus. Dr. Bonnie Henry said there is circulation and risk across the province. Henry also said Tuesday that while case numbers are rising, she doesn’t believe B.C. is on the same trajectory as hard-hit Italy. Read more about what’s happening in B.C.

Officials in Alberta reported a second COVID-19 related death on Tuesday — a woman in her 80s who was living in a Calgary nursing home. “In long-term care and other continuing-care facilities, where some of our most vulnerable citizens reside, we have taken additional measures to prevent the spread of COVID-19,” said Dr. Deena Hinshaw, Alberta’s chief medical officer of health. Read more about what’s happening in Alberta.

Saskatchewan is reporting its first known cases of community transmission of COVID-19. Read more about what’s happening in Saskatchewan, including details from an internal document from the Saskatchewan Health Authority that details concerns about how the province’s health-care system will cope with the coronavirus.

WATCH | All alone, together: Helping each other during COVID-19:

How Canadians across the country are helping each other through the COVID-19 pandemic. 3:04

Manitoba’s premier says the province is postponing non-urgent eviction hearings and freezing rent hikes for a period of weeks because of COVID-19 — but Brian Pallister said the measures “are not a rent holiday for the whole of the province.Read more about what’s happening in Manitoba.

Ontario reported its eighth death related to the coronavirus on Tuesday, as recorded provincial case numbers saw their biggest daily jump since the outbreak began. Dr. David Williams, Ontario’s chief medical officer of health, said the province is in a “critical” week as more people return home from abroad. Read more about what’s happening in Ontario, including details around a plan to temporarily lower hydro rates.

Quebec saw another jump in case numbers Tuesday, an increase that’s explained at least in part by extended testing programs, a health expert says. Premier François Legault reminded people that the measures adopted to slow the spread of the virus — the closure of non-essential businesses and schools — are temporary, saying “we are all in this together.” In Montreal, public health officials are investigating after a homeless man who tested positive for COVID-19 was found in a line for food outside a mission. Read more about what’s happening in Quebec.

New Brunswick is stepping up its testing to include people with symptoms — even if they don’t have a travel history. Premier Blaine Higgs has been calling for a “national” plan to deal with the virus. Read more about what’s happening in N.B.

Nova Scotia’s chief medical officer is urging people to be honest about travel history. “People will receive the care they need no matter what their health issue is, but if you do not tell the truth about travel history, we cannot be alerted about the potential for COVID-19 and you’re quite frankly putting other people at risk, especially health-care workers,” said Dr. Robert Strang. Read more about what’s happening in N.S., which has also stepped up testing capacity.

Prince Edward Island’s government is working with a grocery store to offer gift cards to people struggling amid the COVID-19 crisis. The temporary program will give $100 gift cards to workers who are waiting for employment insurance after being laid off. Read more about what’s happening on P.E.I.

Newfoundland and Labrador’s chief medical health officer is reminding people who are sick to stay home — and urging the healthy to do the same barring essential trips. “To those that are healthy and well, unless it is necessary for you to get groceries and other essentials, please stay home,” Dr. Janice Fitzgerald said. Read more about what’s happening in N.L.

Yellowknife’s largest school board says schools will be closed  for the rest of the academic year. In Nunavut, there’s concern about what the COVID-19 closures mean for food security for children and the homeless. Read more about what’s happening in Canada’s North.

Here’s what’s happening in the U.S.

From The Associated Press, updated at 6:20 a.m. ET

The White House and Senate leaders of both major political parties announced agreement early Wednesday on unprecedented emergency legislation creating a $2 trillion US pandemic response measure.

Top White House aide Eric Ueland announced the agreement in a Capitol hallway shortly after midnight, capping days of often intense haggling and mounting pressure. The deal still needs to be finalized in detailed legislative language.

“Ladies and gentlemen, we are done,” Ueland said. “We have a deal.”

The economic rescue package would give direct payments to most Americans, expand unemployment benefits and provide a $367-billion program for small businesses to keep making payroll while workers are forced to stay home.

One of the last issues to close concerned $500 billion for guaranteed, subsidized loans to larger industries, including a fight over how generous to be with the airlines. Hospitals would get significant help as well.

WATCH | U.S. could become coronavirus epicentre as Trump talks economy:

U.S. President Donald Trump was talking about how soon people could go back to work and restart the economy while the WHO warned the U.S. was likely to become the epicentre of the coronavirus pandemic. 1:56

At the White House on Tuesday, even as the public health crisis deepened, President Donald Trump expressed eagerness to nudge many people back to work in the coming weeks and held out a prospect, based more on hope than science, that the country could be returning to normal in less than a month.

“We have to go back to work, much sooner than people thought,” Trump told a Fox News town hall. He said he’d like to have the country “opened up and just raring to go” by Easter, April 12. But in a White House briefing later, Trump said that “our decision will be based on hard facts and data.”

Medical professionals say social distancing needs to be stepped up, not relaxed, to slow the spread of infections. At the White House briefing, public health authorities said it was particularly important for people in the hard-hit New York City metropolitan area to quarantine themselves for 14 days and for those who have recently left the city to do the same.

Dr. Anthony Fauci, the government’s top infectious disease expert, said pointedly at the briefing: “No one is going to want to tone down anything when you see what is going on in a place like New York City.”

Light morning traffic is seen on the FDR on Tuesday in New York City, which is dealing with growing case numbers of COVID-19. (Angela Weiss/AFP/Getty Images)

New York Gov. Andrew Cuomo has proposed that the Trump administration send thousands of ventilators to New York City — which needs 30,000 of them, he said — and demanded that Trump use wartime authority to force manufacturers to produce them.

Here’s what’s happening in Europe

From Reuters and The Associated Press, updated at 6:30 a.m. ET

Fatalities in Italy surged on Tuesday, dashing hopes the epidemic was easing after more encouraging numbers in the previous two days.

France’s death toll is much higher than the official tally, which only accounts for those dying in hospitals and does not include those dying at home or in retirement homes, the head of the hospitals federation said. France’s Scientific Council has recommended that France’s home confinement, which began one week ago, should last at least six weeks in total. The recommendation was voiced to French President Emmanuel Macron during a special expert meeting on Tuesday.

In the U.K., more than 170,000 people signed up to help the National Health Service, and Parliament is set to suspend sitting for at least four weeks.

A woman sews handmade face masks at a workshop in northern Spain on Tuesday. Spain, like Italy before it, has seen a surge in cases. (Cesar Manso/AFP/Getty Images)

Nurses and doctors demanded action after Spain reported its sharpest daily increase in new cases on Tuesday and said about 14 per cent of the nearly 40,000 infections were among health-care workers.

In contrast to other European countries, Germany offered some hope that it has flattened the exponential spread of the virus, which has infected some 30,000 people. The death toll was relatively low at about 130, and Germany has even taken in patients from France and Italy for treatment.

Russia’s prime minister ordered provincial governors Wednesday to move more quickly to ready hospital beds for coronavirus patients as the outbreak has spread across the vast country. The government reported 658 cases of the novel coronavirus in Russia, up from 495 a day before. That marked a significantly bigger daily increase compared to the previous day, when the number of infections increased by several dozen.

The warning to governors came a day after the mayor of Moscow told Russian President Vladimir Putin that the Russian regions weren’t acting energetically enough to prepare for the outbreak.

WATCH | See why how you wash your hands matters: 

Using “glo germ,” a product that shows up under black light, Andrew Chang takes a first-hand look at how germs are transmitted, and how to wash them off our hands effectively. 7:03

Here’s what’s happening elsewhere, including hard-hit Iran and South Korea

From The Associated Press and Reuters, updated at 7:50 a.m. ET

Iran plans to ban Iranian New Year travel and traditional gatherings in parks, President Hassan Rouhani said on Wednesday, as the coronavirus toll rose to 2,077 in the worst-hit country in the Middle East. The total number of reported cases of coronavirus in Iran has climbed to more than 27,000.

Saudi Arabia expanded its curfew hours in the cities of Mecca and Medina, home to Islam’s holiest sites, as well as the capital, Riyadh. Residents now must remain inside their homes from 3 p.m. to 6 a.m. The kingdom also banned travel in or out of the three governorates. Saudi Arabia has reported 676 cases.

South Korea said it plans to provide coronavirus testing materials to the United States in response to President Donald Trump’s request for help. Jeong Eun-kyeong, director of South Korea’s Centers for Disease Control and Prevention, said the country is willing to send chemical reagents used to extract genetic material during COVID-19 tests, but at a level that doesn’t affect its own testing capacity.She didn’t provide a detailed estimate on the size of supplies that could be shipped to the United States.

The office of South Korean President Moon Jae-in earlier said Trump during a telephone conversation between the leaders asked whether South Korea could send medical equipment and supplies to help the United States cope with its outbreaks. South Korea is pushing an aggressive test-and-quarantine program that some experts say possibly contributed to its lower death toll in comparison with mainland China and hard-hit European nations. As of Wednesday, South Korea had tested around 358,000 people while reporting 9,137 infections and 126 deaths.

Cases across Africa are now well above 2,400. With Mali, Libya and Guinea-Bissau announcing their first, 46 of the continent’s 54 countries now have the virus. The Portuguese news agency Lusa reported the Guinea-Bissau cases, citing the presidency.  Zimbabwe has reported three cases of COVID-19 and recorded its first death this week. Neighboring South Africa’s coronavirus cases jumped again to 709, its health minister said, as the country with the most cases in Africa prepared to go into lockdown first thing Friday.

WATCH | Respirologist talks about community transmission:

There is still a ‘significant risk’ of spreading the novel coronavirus, says Dr. Samir Gupta, associate professor of medicine at the University of Toronto. 10:12

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Canada Child Benefit payment on Friday | CTV News – CTV News Toronto

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More money will land in the pockets of Canadian families on Friday for the latest Canada Child Benefit (CCB) installment.

The federal government program helps low and middle-income families struggling with the soaring cost of raising a child.

Canadian citizens, permanent residents, or refugees who are the primary caregivers for children under 18 years old are eligible for the program, introduced in 2016.

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The non-taxable monthly payments are based on a family’s net income and how many children they have. Families that have an adjusted net income under $34,863 will receive the maximum amount per child.

For a child under six years old, an applicant can annually receive up to $7,437 per child, and up to $6,275 per child for kids between the ages of six through 17.

That translates to up to $619.75 per month for the younger cohort and $522.91 per month for the older group.

The benefit is recalculated every July and most recently increased 6.3 per cent in order to adjust to the rate of inflation, and cost of living.

To apply, an applicant can submit through a child’s birth registration, complete an online form or mail in an application to a tax centre.

The next payment date will take place on May 17. 

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Capital gains tax change draws ire from some Canadian entrepreneurs worried it will worsen brain drain – CBC.ca

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A chorus of Canadian entrepreneurs and investors is blasting the federal government’s budget for expanding a tax on the rich. They say it will lead to brain drain and further degrade Canada’s already poor productivity.

In the 2024 budget unveiled Tuesday, Finance Minister Chrystia Freeland said the government would increase the inclusion rate of the capital gains tax from 50 per cent to 67 per cent for businesses and trusts, generating an estimated $19 billion in new revenue.

Capital gains are the profits that individuals or businesses make from selling an asset — like a stock or a second home. Individuals are subject to the new changes on any profits over $250,000.

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The government estimates that the changes would impact 40,000 individuals (or 0.13 per cent of Canadians in any given year) and 307,000 companies in Canada.

However, some members of the business community say that expanding the taxable amount will devastate productivity, investment and entrepreneurship in Canada, and might even compel some of the country’s talent and startups to take their business elsewhere.

WATCH | The federal budget hikes capital gains inclusion rate: 

Federal budget adds billions in spending, hikes capital gains tax

3 days ago

Duration 6:14

Finance Minister Chrystia Freeland unveiled the government’s 2024 federal budget, with spending targeted at young voters and a plan to raise capital gains taxes for some of the wealthiest Canadians.

Benjamin Bergen, president of the Council of Canadian Innovators (CCI), said the capital gains tax has overshadowed parts of the federal budget that the business community would otherwise be excited about.

“There were definitely some other stars in the budget that were interesting,” he said. “However, the … capital gains piece really is the sun, and it’s daylight. So this is really the only thing that innovators can see.”

The CCI has written and is circulating an open letter signed by more than 1,000 people in the Canadian business community to Trudeau’s government asking it to scrap the tax change.

Shopify CEO Tobi Lütke and president Harley Finkelstein also weighed in on the proposed hike on X, formerly known as Twitter.

Former finance minister Bill Morneau said his successor’s budget disincentivizes businesses from investing in the country’s innovation sector: “It’s probably very troubling for many investors.”

Canada’s productivity — a measure that compares economic output to hours worked — has been relatively poor for decades. It underperforms against the OECD average and against several other G7 countries, including the U.S., Germany, U.K. and Japan, on the measure. 

Bank of Canada senior deputy governor Carolyn Rogers sounded the alarm on Canada’s lagging productivity in a speech last month, saying the country’s need to increase the rate had reached emergency levels, following one of the weakest years for the economy in recent memory.

The government said it was proposing the tax change to make life more affordable for younger generations and fund efforts to boost housing supply — and that it would support productivity growth.

A challenge for investors, founders and workers

The change could have a chilling effect for several reasons, with companies already struggling to access funding in a high interest rate environment, said Bergen.

He questioned whether investors will want to fund Canadian companies if the government’s taxation policies make it difficult for those firms to grow — and whether founders might just pack up.

The expanded inclusion rate “is just one of the other potential concerns that firms are going to have as they’re looking to grow their companies.”

A man with short brown hair wearing a light blue suit jacket looks directly at the camera, with a white background behind him.
Benjamin Bergen, president of the Council of Canadian Innovators, said the proposed change could have a chilling effect for several reasons, with companies already struggling to access and raise financing in a high interest rate environment. (Submitted by Benjamin Bergen)

He said the rejigged tax is also an affront to high-skilled workers from low-innovation sectors who might have taken the risk of joining a startup for the opportunity, even taking a lower wage on the chance that a firm’s stock options grow in value.

But Lindsay Tedds, an associate economics professor at the University of Calgary, said the tax change is one of the most misunderstood parts of the federal budget — and that its impact on the country’s talent has been overstated.

“This is not a major innovation-biting tax change treatment,” Tedds said. “In fact, when you talk to real grassroots entrepreneurs that are setting up businesses, tax rates do not come into their decision.”

As for productivity, Tedds said Canadians might see improvements in the long run “to the degree that some of our productivity problems are driven by stresses like housing affordability, access to child care, things like that.”

‘One foot on the gas, one foot on the brake’

Some say the government is sending mixed messages to entrepreneurs by touting tailored tax breaks — like the Canada Entrepreneurs’ Incentive, which reduces the capital gains inclusion rate to 33 per cent on a lifetime maximum of $2 million — while introducing measures they say would dampen investment and innovation.

“They seem to have one foot on the gas, one foot on the brake on the very same file,” said Dan Kelly, president of the Canadian Federation of Independent Business.

WATCH | Could the capital gains tax changes impact small businesses?: 

How could capital gains tax increases impact Canadian small businesses? | Power & Politics

2 days ago

Duration 12:18

Some business groups are worried that new capital gains tax changes could hurt economic growth. But according to Small Business Minister Rechie Valdez, most Canadians won’t be impacted by that change — and it’s a move to create fairness.

A founder may be able to sell their successful company with a lower capital gains treatment than otherwise possible, he said.

“At the same time, though, big chunks of it may be subject to a higher rate of capital gains inclusion.”

Selling a company can fund an individual’s retirement, he said, which is why it’s one of the first things founders consider when they think about capital gains.

LISTEN | What does a hike on the capital gains tax mean?: 

Mainstreet NS7:03Ottawa is proposing a hike to capital gains tax. What does that mean?

Tuesday’s federal budget includes nearly $53 billion in new spending over the next five years with a clear focus on affordability and housing. To help pay for some of that new spending, Ottawa is proposing a hike to the capital gains tax. Moshe Lander, an economics lecturer at Concordia University, joins host Jeff Douglas to explain.

Dennis Darby, president and CEO of Canadian Manufacturers & Exporters, says he was disappointed by the change — and that it sends the wrong message to Canadian industries like his own.

He wants to see the government commit to more tax credit proposals like the Canada Carbon Rebate for Small Businesses, which he said would incentivize business owners to stay and help make Canada competitive with the U.S.

“We’ve had a lot of difficulties attracting investment over the years. I don’t think this will make it any better.”

Tech titan says change will only impact richest of the rich

A man sits on an orange couch in an office.
Ali Asaria, the CEO of Transformation Lab and former CEO of Tulip Retail, told CBC News that the proposed change to the capital gains tax is ‘going to really affect the richest of the rich people.’ (Tulip Retail)

Toronto tech entrepreneur Ali Asaria will be one of those subject to the expanded capital gains inclusion rate — but he says it’s only fair.

“It’s going to really affect the richest of the rich people,” Asaria, CEO of open source platform Transformer Lab and founder of well.ca, told CBC News.

“The capital gains exemption is probably the largest tax break that I’ve ever received in my life,” he said. “So I know a lot about what that benefit can look like, but I’ve also always felt like it was probably one of the most unfair parts of the tax code today.”

While Asaria said Canada needs to continue encouraging talent to take risks and build companies in the country, taxation policies aren’t the most major problem.

“I think that the biggest central issue to the reason why people will leave Canada is bigger issues, like housing,” he said.

“How do we make it easier to live in Canada so that we can all invest in ourselves and invest in our companies? That’s a more important question than, ‘How do we help the top 0.13 per cent of Canadians make more money?'”

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Canada Child Benefit payment on Friday | CTV News – CTV News Toronto

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More money will land in the pockets of Canadian families on Friday for the latest Canada Child Benefit (CCB) installment.

The federal government program helps low and middle-income families struggling with the soaring cost of raising a child.

Canadian citizens, permanent residents, or refugees who are the primary caregivers for children under 18 years old are eligible for the program, introduced in 2016.

300x250x1

The non-taxable monthly payments are based on a family’s net income and how many children they have. Families that have an adjusted net income under $34,863 will receive the maximum amount per child.

For a child under six years old, an applicant can annually receive up to $7,437 per child, and up to $6,275 per child for kids between the ages of six through 17.

That translates to up to $619.75 per month for the younger cohort and $522.91 per month for the older group.

The benefit is recalculated every July and most recently increased 6.3 per cent in order to adjust to the rate of inflation, and cost of living.

To apply, an applicant can submit through a child’s birth registration, complete an online form or mail in an application to a tax centre.

The next payment date will take place on May 17. 

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