Connect with us

News

The latest news on COVID-19 developments in Canada for Nov. 16, 2020 – Times Colonist

Published

 on


The latest news on COVID-19 developments in Canada (all times Eastern):

12:20 p.m.

article continues below

Nova Scotia is reporting two new cases of COVID-19 today.

They were identified yesterday and involve people in the central zone of the province.

Officials say both cases are connected to previously identified infections are are currently under investigation.

Nova Scotia now has 23 active cases of the disease, and it has reported a total of 1,146 cases and 65 deaths since the beginning of the pandemic.

11:30 a.m.

Green party Leader Annamie Paul says the federal government needs a national task force of scientists to create a Canada-wide response to COVID-19.

Paul is on Parliament Hill today where she says the piecemeal, uncoordinated response is leading to mixed messages to the public.

Paul says she does not think it requires the Emergencies Act to be invoked, rather the cooperation of provinces and Ottawa and an agreement that working together is better for the national good.

11:10 a.m.

Quebec is reporting 1,218 new cases of COVID-19 and 25 more deaths attributed to the novel coronavirus, six of which occurred in the past 24 hours.

Health officials say hospitalizations increased by four, to 591, and 87 people were in intensive care, a drop of two.

Officials also say 1,150 more people recovered from COVID-19, almost a total of 106-thousand.

Quebec has reported more than 125-thousand total infections and 6,651 deaths linked to the virus since the beginning of the pandemic.

10:45 a.m.

Ontario is reporting 1,487 new cases of COVID-19 today, and 10 new deaths due to the virus.

Health Minister Christine Elliott says 508 cases are in Toronto, 392 in Peel Region and 170 in York Region.

The province says it has conducted 33,351 tests since the last daily report.

In total, 500 people are hospitalized in Ontario due to COVID-19, including 125 in intensive care.

Let’s block ads! (Why?)



Source link

Continue Reading

News

Canadians offer mixed confidence in government's vaccine rollout: Nanos survey – CTV News

Published

 on


TORONTO —
Just one in six Canadians are confident in the federal government’s rollout of a COVID-19 vaccine once one becomes available, according to the latest data from Nanos Research.

The survey, commissioned by CTV News and released on Monday, asked 1,096 Canadians how confident they are that the government has a “a well organized plan to deliver COVID-19 vaccines to Canadians as quickly as possible” and found that just 16 per cent of respondents said they are “confident,” while another 40 per cent said they are “somewhat confident.”

“It’s very early in this process and I think until we actually see more details and there’s more meat on the bone, I expect (the vaccine rollout is) still going to be a bit of a question mark for many Canadians,” Nik Nanos, the chair of Nanos Research, told CTV’s Power Play.

When broken down regionally, respondents from Quebec offered the most confidence, with 73 per cent of respondents indicating that they are either confident or somewhat confident, while respondents in the Prairies had the least confidence, with 29 per cent indicating they are “not confident” in the vaccine rollout.

On Monday, Moderna Inc. said its testing shows that their COVID-19 vaccine is 94 per cent effective. The company is currently under a “rolling review” process with Health Canada, but has already asked for a emergency use approval in the United States and Europe.

Last week, Prime Minister Justin Trudeau named Maj.-Gen. Dany Fortin to lead Canada’s vaccine rollout, with the goal of immunizing half of Canadians by September 2021.

Nanos says that substantial details in the fiscal update about the vaccine rollout will go a long way towards curbing any skepticism from Canadians.

“Anything said relating to the funding of vaccines, the logistics of vaccines, the distribution, the role that the federal government’s going to take working with provinces, is probably going to be very well met, but if they don’t talk about those things, it’s just going to create a greater level uncertainty about the future,” he said.

With files from The Associated Press

METHODOLOGY

Nanos conducted an RDD dual frame (land-and cell-lines) hybrid telephone and online random survey of 1,096 Canadians, 18 years of age or older, between November 26th and 29th, 2020 as part of an omnibus survey. Participants were randomly recruited by telephone using live agents and administered a survey online. The sample included both land-and cell-lines across Canada. The results were statistically checked and weighted by age and gender using the latest Census information and the sample is geographically stratified to be representative of Canada.

Individuals were randomly called using random digit dialing with a maximum of five call backs.

The margin of error for this survey is ±3.0 percentage points, 19 times out of 20.

This study was commissioned by CTV News and the research was conducted by Nanos Research.

[embedded content]

Let’s block ads! (Why?)



Source link

Continue Reading

News

Canadians now owe more than $2 trillion, Equifax says – CBC.ca

Published

 on


Consumer demand for credit intensified in the third quarter, driven chiefly by increases in mortgage balances and new auto loans, according to data released Monday by credit reporting agency Equifax.

Mortgage balances and new auto loans were up 6.6 per cent and 11.7 per cent year over year, respectively, according to Equifax. Overall average consumer debt increased 3.3 per cent compared with the third quarter of last year.

Rebecca Oakes, assistant vice-president of advanced analytics at Equifax Canada, said in an interview that growth in mortgages last quarter was especially high, with the largest increase among people under 35. That trend comes even as economic fallout from the pandemic and associated lockdown measures hit young people especially hard.

“In terms of new mortgages, that could be refinancing, or it could be brand-new, first-time home buyers or it could be people moving house,” Oakes said. “That was actually the highest value that we’ve seen ever.”

The increased demand for auto loans in the third quarter could have been a result of pent-up demand from people who had to wait to buy cars later in the year, Oakes said.

Total debt $2 trillion

The figures in Equifax’s report are drawn from banks and other lenders that provide data to the credit rating agency.

Equifax pegged total consumer debt at $2.04 trillion, while Statistics Canada reported in June that household debt had reached $2.3 trillion, with $1.77 in debt for every dollar of household disposable income.

More than three million consumers have chosen to use payment deferral programs since the start of the COVID-19 pandemic, according to Equifax. Since the start of this year, some banks have offered consumers the option to suspend their loan payments for several months, in recognition of the financial strain the pandemic has created for many households.

However, under the payment deferral programs, interest continues to accrue during the months for which payments are suspended.

The percentage of balances where credit users have missed three or more payments was at its lowest level since 2014, with deferral programs likely masking the true delinquency rates, according to Oakes.

Let’s block ads! (Why?)



Source link

Continue Reading

News

Canadians now owe more than $2 trillion, Equifax says – CBC.ca

Published

 on


Consumer demand for credit intensified in the third quarter, driven chiefly by increases in mortgage balances and new auto loans, according to data released Monday by credit reporting agency Equifax.

Mortgage balances and new auto loans were up 6.6 per cent and 11.7 per cent year over year, respectively, according to Equifax. Overall average consumer debt increased 3.3 per cent compared with the third quarter of last year.

Rebecca Oakes, assistant vice-president of advanced analytics at Equifax Canada, said in an interview that growth in mortgages last quarter was especially high, with the largest increase among people under 35. That trend comes even as economic fallout from the pandemic and associated lockdown measures hit young people especially hard.

“In terms of new mortgages, that could be refinancing, or it could be brand-new, first-time home buyers or it could be people moving house,” Oakes said. “That was actually the highest value that we’ve seen ever.”

The increased demand for auto loans in the third quarter could have been a result of pent-up demand from people who had to wait to buy cars later in the year, Oakes said.

Total debt $2 trillion

The figures in Equifax’s report are drawn from banks and other lenders that provide data to the credit rating agency.

Equifax pegged total consumer debt at $2.04 trillion, while Statistics Canada reported in June that household debt had reached $2.3 trillion, with $1.77 in debt for every dollar of household disposable income.

More than three million consumers have chosen to use payment deferral programs since the start of the COVID-19 pandemic, according to Equifax. Since the start of this year, some banks have offered consumers the option to suspend their loan payments for several months, in recognition of the financial strain the pandemic has created for many households.

However, under the payment deferral programs, interest continues to accrue during the months for which payments are suspended.

The percentage of balances where credit users have missed three or more payments was at its lowest level since 2014, with deferral programs likely masking the true delinquency rates, according to Oakes.

Let’s block ads! (Why?)



Source link

Continue Reading

Trending