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PM announces $240-million investment ‘to bring healthcare online’ – CityNews Calgary

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OTTAWA (NEWS 1130) — On Sunday, the Prime Minister announced the federal government will be investing over $240-million to provide health care services virtually. 

Justin Trudeau says since the outbreak it’s understandable if Canadians are feeling overwhelmed. 

“Canada has faced challenge and heartbreak, on a scale, we could never have expected,” he says. “If you need support, that’s okay.”

During his daily briefing, he added, to continue supporting Canadians, the federal government will be expanding existing online tools by creating new virtual platforms for mental health and primary care. 

This investment is an extension to the Wellness Together Canada website, which was launched in April. On this site, Canadians can find people to talk to during the COVID-19 pandemic. 

“Whether you’re looking for strategies to manage stress or support from a professional, this will be a resource for you,” he says. 

Specialized tools made to specifically help marginalized communities will also be available. 

“If we can provide mental health support online, there’s no reason we can’t leverage technology in other areas of healthcare,” he adds. 

Through this investment, virtual care will be provided for the “times when you don’t need to see a doctor in person.”

“Take video conferencing — by helping doctors run appointments online. You can stay safe at home, while getting care, and our hospitals can stay focused on those who need it most,” he tells reporters. 

Additionally, on Sunday Procurement Minister Anita Anand will announce details on a new COVID-19 Supply Council.

“This council will be passed with finding innovative solutions to ensure our country continues to have the vital supplies necessary to keep Canadians safe,” Trudeau says. 

The Prime Minister also addresses parents and says they will be receiving additional help through the Canada Child Benefit. 

Parents can expect an extra $300 per child for families with kids. 

“That means an extra $600 for three kids, an extra $900, and so on,” he explains. 

“This is money for whatever you need, whether it’s online tutoring or groceries.”

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S&P/TSX composite up more than 100 points, U.S. stock markets mixed

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TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 103.40 points at 24,542.48.

In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.

The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.

The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.

The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.

This report by The Canadian Press was first published Oct. 16, 2024.

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

The Canadian Press. All rights reserved.

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S&P/TSX up more than 200 points, U.S. markets also higher

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TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.

The S&P/TSX composite index was up 205.86 points at 24,508.12.

In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.

The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.

The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.

The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.

This report by The Canadian Press was first published Oct. 11, 2024.

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

The Canadian Press. All rights reserved.

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S&P/TSX composite little changed in late-morning trading, U.S. stock markets down

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TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.

The S&P/TSX composite index was up 0.05 of a point at 24,224.95.

In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.

The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.

The November crude oil contract was up US$1.69 at US$74.93 per barrel and the November natural gas contract was up a penny at US$2.67 per mmBTU.

The December gold contract was up US$14.70 at US$2,640.70 an ounce and the December copper contract was up two cents at US$4.42 a pound.

This report by The Canadian Press was first published Oct. 10, 2024.

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

The Canadian Press. All rights reserved.

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