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Some Canadian air passengers wary as seat distancing COVID-19 precaution rolled back

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As Canada’s two largest airlines move to end so-called seat distancing, travellers have mixed feelings about stepping on board an aircraft in the age of COVID-19.

Starting on Canada Day, Air Canada and WestJet will resume the sale of adjacent seats, which they had largely blocked to help prevent viral spread.

Canada’s public health officer has expressed reservations about the practice, though it is permitted under federal transportation rules.

“We really feel it is important to avoid the close physical contact as much as possible. And if not, wear the medical mask,” Dr. Theresa Tam said Monday. Masks or face coverings have been mandatory on flights since April 20.

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Even so, “there are some difficult decisions for travellers, for sure,” Tam added, saying individuals should assess their own risk levels and need to fly.

WATCH | Tam questioned about airlines ending physical distancing in cabins:

Dr Theresa Tam, Canada’s chief public health officer, spoke with the CBC’s Ashley Burke on Monday. 2:13

Karen Kabiri took his first plane trip in five years on Monday after learning his mother had died in Iran the day before — just 20 days after his father.

“It’s very, very hard for us. That’s why I’m going there right now, to help my sister,” said Kabiri, 44.

The piano teacher from Toronto, who stopped over in Montreal before continuing on to Tehran via Qatar to help with funeral arrangements, spent several hours outside the terminal at Trudeau airport with his other sister, who lives in the area but could not make the trip. Enduring a light drizzle, the siblings adhered to Transport Canada rules that prevent anyone but staff and passengers from entering airports.

Kabiri said he had concerns about stepping into a packed cabin, though he credited Air Canada for providing all passengers with a mask, gloves, disinfectant wipes and a water bottle.

“It’s a little bit scary for everybody. You can see many people are affected by COVID-19,” he said. “It’s very hard for everybody in these situations to travel. But sometimes an emergency is happening.”

 

Karen Kabiri took his first plane trip in five years on Monday after learning his mother had died in Iran the day before — just 20 days after his father. (Christopher Reynolds/The Canadian Press)

 

Claire Parois and her five-year-old daughter climbed aboard a Monday flight bound for her home country of France to join her parents after receiving approval to continue telecommuting until late August.

“We decided to spend the rest of the summer at my parents’ house where I don’t have to do the full-time parenting and full-time working at the same time, which I’ve been doing in the past 15 or 16 weeks,” said Parois, who works for the United Nations in Montreal. “It’s been really, really, really challenging.

“My main concern would be to get infected and then infect my parents. Otherwise I’m not too worried,” she said.

 

Claire Parois and her five-year-old daughter climbed aboard a Monday flight bound for her home country of France to join her parents after receiving approval to continue telecommuting until late August. (Christopher Reynolds/The Canadian Press)

 

With Canada’s border still closed to nearly all non-residents, international travel has barely budged since dropping by more than 95 per cent year over year in April.

However, domestic travel is expected to edge up in the coming weeks and months as interprovincial restrictions loosen and the economy continues to reopen.

Anthony Morgan, who works on a Great Lakes bulk carrier, said he has a harder time with pandemic protocols on the water than in the sky. Until Monday, the 39-year-old wheelsman hadn’t stepped off the boat in three months.

 

Anthony Morgan, who works on a Great Lakes bulk carrier, said he has a harder time with pandemic protocols on the water than in the sky. Until Monday, the 39-year-old wheelsman hadn’t stepped off the boat in three months. (Christopher Reynolds/The Canadian Press)

 

“It’s like almost pulling your head off and bootin’ it over the side,” he said of being confined to the freighter.

“But flying home I definitely don’t feel like I got any concerns.”

Morgan took off Monday for St. John’s and plans to spend his month of downtime close to home in his outport community near the provincial capital. That includes two weeks of self-isolation after landing.

The sudden return of middle-seat sales is not unique to Canadian carriers.

Michelline Nesrallah said there was no distancing on her packed Qatar Airways flight back to Canada.

 

Michelline Nesrallah said there was no distancing on her packed Qatar Airways flight back to Canada. (Christopher Reynolds/The Canadian Press)

 

“There was no temperature screening when we got into the Qatari airport,” added the 39-year-old teacher who moved back to Ottawa this week after spending most of the past 14 years in the Gulf state.

“People aren’t really taking it as seriously as they should,” she said. “I was standing at the baggage counter and this woman was literally touching me with her arm. And I said, ‘Sister, you have to stand back.'”

Transport Canada listed physical distancing among the “key points” in preventing the spread of the virus, part of a guide it issued to the aviation industry in April.

“Operators should develop guidance for spacing passengers aboard aircraft when possible to optimize social distancing,” the document states.

Some health experts have highlighted the risks of spreading COVID in crowded airports and sardine-tin cabins.

 

A package containing a face mask, hand sanitizer and wipes is seen during a flight from Vancouver to Calgary on June 9. (Jonathan Hayward/The Canadian Press)

 

“Once it’s in the cabin, it’s difficult to stop air moving around,” Tim Sly, an epidemiologist and professor emeritus at Ryerson University’s School of Public Health, said in a recent interview.

However Joseph Allen, director of the Harvard public health school’s Healthy Buildings program, has said the HEPA air filters used on most planes effectively control airborne bacteria and viruses.

In line with federal directives, Air Canada and WestJet conduct pre-boarding temperature checks and require masks on board.

Both airlines also implemented enhanced aircraft cleaning and scaled back their in-flight service in late March, cutting out hot drinks, hot meals and fresh food.

Source:- CBC.ca

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Tesla Promises Cheap EVs by 2025 | OilPrice.com – OilPrice.com

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Tesla Promises Cheap EVs by 2025 | OilPrice.com



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Charles Kennedy

Charles Kennedy

Charles is a writer for Oilprice.com

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Tesla has promised to start selling cheaper models next year, days after a Reuters report revealed that the company had shelved its plans for an all-new Tesla that would cost only $25,000.

The news that Tesla was scrapping the Model 2 came amid a drop in sales and profits, and a decision to slash a tenth of the company’s global workforce. Reuters also noted increased competition from Chinese EV makers.

Tesla’s deliveries slumped in the first quarter for the first annual drop since the start of the pandemic in 2020, missing analyst forecasts by a mile in a sign that even price cuts haven’t been able to stave off an increasingly heated competition on the EV market.

Profits dropped by 50%, disappointing investors and leading to a slump in the company’s share prices, which made any good news urgently needed. Tesla delivered: it said it would bring forward the date for the release of new, lower-cost models. These would be produced on its existing platform and rolled out in the second half of 2025, per the BBC.

Reuters cited the company as warning that this change of plans could “result in achieving less cost reduction than previously expected,” however. This suggests the price tag of the new models is unlikely to be as small as the $25,000 promised for the Model 2.

The decision is based on a substantially reduced risk appetite in Tesla’s management, likely affected by the recent financial results and the intensifying competition with Chinese EV makers. Shelving the Model 2 and opting instead for cars to be produced on existing manufacturing lines is the safer move in these “uncertain times”, per the company.

Tesla is also cutting prices, as many other EV makers are doing amid a palpable decline in sales in key markets such as Europe, where the phaseout of subsidies has hit demand for EVs seriously. The cut is of about $2,000 on all models that Tesla currently sells.

By Charles Kennedy for Oilprice.com

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Why the Bank of Canada decided to hold interest rates in April – Financial Post

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Divisions within the Bank of Canada over the timing of a much-anticipated cut to its key overnight interest rate stem from concerns of some members of the central bank’s governing council that progress on taming inflation could stall in the face of stronger domestic demand — or even pick up again in the event of “new surprises.”

“Some members emphasized that, with the economy performing well, the risk had diminished that restrictive monetary policy would slow the economy more than necessary to return inflation to target,” according to a summary of deliberations for the April 10 rate decision that were published Wednesday. “They felt more reassurance was needed to reduce the risk that the downward progress on core inflation would stall, and to avoid jeopardizing the progress made thus far.”

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Others argued that there were additional risks from keeping monetary policy too tight in light of progress already made to tame inflation, which had come down “significantly” across most goods and services.

Some pointed out that the distribution of inflation rates across components of the consumer price index had approached normal, despite outsized price increases and decreases in certain components.

“Coupled with indicators that the economy was in excess supply and with a base case projection showing the output gap starting to close only next year, they felt there was a risk of keeping monetary policy more restrictive than needed.”

In the end, though, the central bankers agreed to hold the rate at five per cent because inflation remained too high and there were still upside risks to the outlook, albeit “less acute” than in the past couple of years.

Despite the “diversity of views” about when conditions will warrant cutting the interest rate, central bank officials agreed that monetary policy easing would probably be gradual, given risks to the outlook and the slow path for returning inflation to target, according to the summary of deliberations.

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They considered a number of potential risks to the outlook for economic growth and inflation, including housing and immigration, according to summary of deliberations.

The central bankers discussed the risk that housing market activity could accelerate and further boost shelter prices and acknowledged that easing monetary policy could increase the likelihood of this risk materializing. They concluded that their focus on measures such as CPI-trim, which strips out extreme movements in price changes, allowed them to effectively look through mortgage interest costs while capturing other shelter prices such as rent that are more reflective of supply and demand in housing.

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They also agreed to keep a close eye on immigration in the coming quarters due to uncertainty around recent announcements by the federal government.

“The projection incorporated continued strong population growth in the first half of 2024 followed by much softer growth, in line with the federal government’s target for reducing the share of non-permanent residents,” the summary said. “But details of how these plans will be implemented had not been announced. Governing council recognized that there was some uncertainty about future population growth and agreed it would be important to update the population forecast each quarter.”

• Email: bshecter@nationalpost.com

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Meta shares sink after it reveals spending plans – BBC.com

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Woman looks at phone in front of Facebook image - stock shot.

Shares in US tech giant Meta have sunk in US after-hours trading despite better-than-expected earnings.

The Facebook and Instagram owner said expenses would be higher this year as it spends heavily on artificial intelligence (AI).

Its shares fell more than 15% after it said it expected to spend billions of dollars more than it had previously predicted in 2024.

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Meta has been updating its ad-buying products with AI tools to boost earnings growth.

It has also been introducing more AI features on its social media platforms such as chat assistants.

The firm said it now expected to spend between $35bn and $40bn, (£28bn-32bn) in 2024, up from an earlier prediction of $30-$37bn.

Its shares fell despite it beating expectations on its earnings.

First quarter revenue rose 27% to $36.46bn, while analysts had expected earnings of $36.16bn.

Sophie Lund-Yates, lead equity analyst at Hargreaves Lansdown, said its spending plans were “aggressive”.

She said Meta’s “substantial investment” in AI has helped it get people to spend time on its platforms, so advertisers are willing to spend more money “in a time when digital advertising uncertainty remains rife”.

More than 50 countries are due to have elections this year, she said, “which hugely increases uncertainty” and can spook advertisers.

She added that Meta’s “fortunes are probably also being bolstered by TikTok’s uncertain future in the US”.

Meta’s rival has said it will fight an “unconstitutional” law that could result in TikTok being sold or banned in the US.

President Biden has signed into law a bill which gives the social media platform’s Chinese owner, ByteDance, nine months to sell off the app or it will be blocked in the US.

Ms Lund-Yates said that “looking further ahead, the biggest risk [for Meta] remains regulatory”.

Last year, Meta was fined €1.2bn (£1bn) by Ireland’s data authorities for mishandling people’s data when transferring it between Europe and the US.

And in February of this year, Meta chief executive Mark Zuckerberg faced blistering criticism from US lawmakers and was pushed to apologise to families of victims of child sexual exploitation.

Ms Lund-Yates added that the firm has “more than enough resources to throw at legal challenges, but that doesn’t rule out the risks of ups and downs in market sentiment”.

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