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Trudeau feels most Canadians could be vaccinated by September 2021

Beset by ongoing questions about Canada’s COVID-19 vaccine strategy, Prime Minister Justin Trudeau tried to assuage the public with assurances most Canadians could be inoculated by September 2021, with distribution led by a former NATO commander.
Trudeau faced a barrage of questions about when and how such a rollout would unfold at a morning press conference on Friday, acknowledging public anxiety amid alarming infection rates and hospitalizations that have already scuttled holiday hopes for much of the country.
But while promising vaccine news offered “light at the end of the tunnel,” Trudeau said “we must hold on a little longer.”
“What really matters is when we get across the finish line … The fact that the doctors highlighted that if all goes according to plan, we should be able to have the majority of Canadians vaccinated by next September, puts us in very good stead,” he said, offering the government’s most specific timeline yet.
“We’re going to continue to do everything we can to deliver for Canadians, listening to experts working with top people to make sure that we’re doing this right, and quickly and safely.” 
Trudeau said Canada has turned to Maj.-Gen. Dany Fortin to lead distribution and handle logistics that include cold storage requirements, data sharing, and reaching Indigenous communities. He insisted Ottawa was committed to working with the provinces and territories on securing safe and effective COVID-19 vaccines as quickly as possible. 
That wasn’t good enough for Ontario Premier Doug Ford, who later Friday roasted Trudeau for failing to give provinces and territories specific information they need for a potential vaccine launch.
Ford said a conference call Trudeau held with premiers Thursday night was sorely lacking.
“I didn’t get the answer we wanted to hear, none of the premiers got the answer they wanted to hear,” said Ford, who appeared at a Friday press conference alongside the new head of the Ontario’s vaccine distribution task force, retired Gen. Rick Hillier.
“I can’t emphasize enough to the prime minister: The clock is ticking. We’re going to be hopefully getting these vaccines sometime — again, hopefully —  in January. I asked him the three simple questions: When are we getting it? What type of vaccine are we getting? And how much of that vaccine are we getting? To have Gen. Hillier make a proper plan, we need to know.” 
Ontario called on the federal government to immediately disclose its allocation plan, noting reports that other countries have already announced plans to receive doses. 
U.S. officials have said 6.4 million doses of Pfizer’s vaccine could reach some priority citizens within 24 hours of regulatory clearance, while Moderna’s vaccine could be available by the end of the year, although the general public likely wouldn’t get doses until the spring.
No matter when a vaccine arrives in Canada, Hillier said Ontario’s vaccine distribution plans would be ready on Dec. 31.
In Ottawa, Procurement Minister Anita Anand also faced questions over a precise delivery date but insisted she is in constant contact with suppliers to make sure they can be deployed as soon as they are approved for use.
“This is a complex process. This is an uncertain environment. But we are on top of it,” said Anand.
“I personally will make sure that we have vaccines in place in Canada when Health Canada has provided the regulatory approval.”
Trudeau’s September timeline was echoed by deputy chief public health officer Dr. Howard Njoo, who had last week suggested the possibility of a fall goal line for vaccinating the majority of Canadians.
Njoo said Friday the Prime Minister’s prediction is “in the same ballpark” as previous rollout plans, and a good target to work toward.
But he cautioned there are still “a lot of unknowns.”
“Certainly we’ve always been sort of optimistic, cautiously optimistic, about what the vaccination rollout will look like,” said Njoo.
“Right now it’s a bit of a moving target. We have two vaccines which are very promising but they’re still in the process of going through the regulatory process. If all goes well, and they are approved, then they’re the first two out of the pipeline.”
The news follows more alarming daily COVID-19 case numbers from Ontario, which reported a record 1,855 new cases, and 20 more deaths on Friday.
Quebec reported 1,269 new COVID-19 infections and 38 more deaths linked to the virus, including nine that occurred in the past 24 hours. 
Federal data shows that as of Friday, Alberta had the highest seven-day infection rate in Canada with 209 cases per 100,000 people. Manitoba and Nunavut were close behind.
The Nunavut government said it plans to spend $1 million towards community food programming, including extra funding for communities affected by the pandemic.
Ottawa has finalized agreements with five vaccine makers and is in advanced negotiations with two more.
The deals would secure 194 million doses with the option to buy another 220 million, according to Public Services and Procurement Canada.
British Columbia announced a single-day record on Friday with 911 cases of COVID-19, bringing the provincial total to 30,884 cases.
Provincial health officer Dr. Bonnie Henry appealed for people to respect store and restaurant employees as she raised recent confrontations by aggressive customers who refuse to wear masks at indoor public places.
“If you are opposed to wearing a mask then I ask you to shop online, order takeout or stay outside or stay home and not put other people at risk,” she said.
Eleven more people have died in B.C., bringing the number of fatalities to 395, while a record 301 patients are in hospital.
This report by The Canadian Press was first published Nov. 27, 2020.

Cassanda Szklarski, The Canadian Press

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S&P/TSX composite gains almost 100 points, U.S. stock markets also higher

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TORONTO – Strength in the base metal and technology sectors helped Canada’s main stock index gain almost 100 points on Friday, while U.S. stock markets also climbed higher.

The S&P/TSX composite index closed up 93.51 points at 23,568.65.

In New York, the Dow Jones industrial average was up 297.01 points at 41,393.78. The S&P 500 index was up 30.26 points at 5,626.02, while the Nasdaq composite was up 114.30 points at 17,683.98.

The Canadian dollar traded for 73.61 cents US compared with 73.58 cents US on Thursday.

The October crude oil contract was down 32 cents at US$68.65 per barrel and the October natural gas contract was down five cents at US$2.31 per mmBTU.

The December gold contract was up US$30.10 at US$2,610.70 an ounce and the December copper contract was up four cents US$4.24 a pound.

This report by The Canadian Press was first published Sept. 13, 2024.

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

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Statistics Canada reports wholesale sales higher in July

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OTTAWA – Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.4 per cent to $82.7 billion in July.

The increase came as sales in the miscellaneous subsector gained three per cent to reach $10.5 billion in July, helped by strength in the agriculture supplies industry group, which rose 9.2 per cent.

The food, beverage and tobacco subsector added 1.7 per cent to total $15 billion in July.

The personal and household goods subsector fell 2.5 per cent to $12.1 billion.

In volume terms, overall wholesale sales rose 0.5 per cent in July.

Statistics Canada started including oilseed and grain as well as the petroleum and petroleum products subsector as part of wholesale trade last year, but is excluding the data from monthly analysis until there is enough historical data.

This report by The Canadian Press was first published Sept. 13, 2024.

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S&P/TSX composite up more than 150 points, U.S. stock markets mixed

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TORONTO – Canada’s main stock index was up more than 150 points in late-morning trading, helped by strength in the base metal and energy sectors, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 172.18 points at 23,383.35.

In New York, the Dow Jones industrial average was down 34.99 points at 40,826.72. The S&P 500 index was up 10.56 points at 5,564.69, while the Nasdaq composite was up 74.84 points at 17,470.37.

The Canadian dollar traded for 73.55 cents US compared with 73.59 cents US on Wednesday.

The October crude oil contract was up $2.00 at US$69.31 per barrel and the October natural gas contract was up five cents at US$2.32 per mmBTU.

The December gold contract was up US$40.00 at US$2,582.40 an ounce and the December copper contract was up six cents at US$4.20 a pound.

This report by The Canadian Press was first published Sept. 12, 2024.

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

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