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Trump Considers Easing Social-Distancing Guidelines to Boost Economy – The Wall Street Journal

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President Trump has told people that he wants to open the economy as soon as possible.



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WASHINGTON—The White House is discussing easing social-distancing guidelines as early as next week as advisers and business leaders push President Trump to boost an economy beset by deepening job losses nationwide, people familiar with the discussions said.

The president has told people that he wants to open the economy as soon as possible. The talks have centered on relaxing or restructuring the 15-day guidelines the administration issued last week to stem the spread of coronavirus, one of the people said. Other advisers have cautioned Mr. Trump against easing the guidelines, warning the measures remain necessary.

An administration official said the White House is discussing targeting guidelines for social distancing at vulnerable groups, such as requiring the elderly and those with underlying medical conditions to take greater precautions than younger, healthy people. Such a shift may not happen immediately after the 15-day period ends, the official said, adding that the White House is operating with a “high degree of caution.”

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President Trump said Sunday he is deploying the National Guard to New York, California and Washington, three states hit hard by the novel-coronavirus outbreak. Photo: Patrick Semansky/Associated Press

The social-distancing guidelines instructed all Americans to avoid nonessential travel, sit-down restaurants and gatherings of more than 10 people, among other steps. Meanwhile, governors and mayors nationwide have rolled out their own restrictions, shutting schools and many retail businesses.

Easing the guidelines would run counter to public-health experts who have said sustained social distancing is needed until the U.S. develops a vigorous testing regime to identify and isolate cases. Widespread testing is still a long way off and labs now are struggling with supply issues that are further hampering the ability to identify cases. The virus can be spread when people are asymptomatic.

New guidelines are expected later Monday for law enforcement, medical and health-care providers and other workers in critical infrastructure professions for how workers exposed to the virus could return to work more quickly by wearing a medical mask for a certain period of time, Vice President Mike Pence said Sunday. The new guidelines are being developed by the Centers for Disease Control and Prevention and the Department of Homeland Security, Mr. Pence said.

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In a series of social-media posts late Sunday and early Monday, Mr. Trump expressed concern about the economic drag of the health precautions aimed at the coronavirus crisis. Financial markets have been rattled by the rapid spread of the virus and Congress’s delay in finalizing an economic rescue package, and U.S. job losses are estimated in the millions.

In a Twitter post at 11:50 p.m. in all capital letters, Mr. Trump anticipated the end of the 15-day period in which he has asked the country to follow a set of guidelines—essentially to remain at home as much as possible—to slow the spread of the virus. That 15-day period ends in about a week.

“WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF,” Mr. Trump tweeted. “AT THE END OF THE 15 DAY PERIOD, WE WILL MAKE A DECISION AS TO WHICH WAY WE WANT TO GO!”

Mr. Trump also highlighted Twitter posts from supporters lamenting the economic hit from coronavirus, including a tweet from a woman with a few hundred Twitter followers who suggested isolating high-risk groups after the 15-day period “and the rest of us get back to work before it’s all over for everyone.”

There has been tension inside the federal government’s coronavirus team for months between the health experts seeking strict measures aimed at limiting the contact between humans and the economic advisers looking to shield the economy as much as possible.

Dr. Jerome Adams, the U.S. surgeon general, said Monday the federal guidelines were working, but that “the problem is that we really need more people to take this seriously.” He said on Fox News: “People, stay at home.”

Larry Kudlow, the top White House economic adviser, expressed concern about the economic effects of ordering Americans to stay inside. “At some point you have to ask yourself whether the shutdown is doing more harm than good,” he told CNBC. In a Fox News interview earlier in the day, he said, “We’re going to have to make some difficult trade-offs,” adding that he had spoken to the president about the matter.

Treasury Secretary Steven Mnuchin said Monday that he spoke to Mr. Trump on Sunday, and that the president “is very pleased with the medical professionals,” particularly attempts to find new drugs to confront the disease.

“The president is hopeful that the policies and procedures that have been put in place will kill this virus quickly,” Mr. Mnuchin said.

At a news conference on Sunday at the White House, Mr. Trump was asked whether he was considering extending the guidelines beyond 15 days after Sen. Rand Paul (R., Ky.) was diagnosed with coronavirus despite not showing any symptoms.

“Well, I hope we won’t have to—it’s possible, but we’ll have to see how that works,” Mr. Trump said.

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A timeline of events in the bread price-fixing scandal

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Almost seven years since news broke of an alleged conspiracy to fix the price of packaged bread across Canada, the saga isn’t over: the Competition Bureau continues to investigate the companies that may have been involved, and two class-action lawsuits continue to work their way through the courts.

Here’s a timeline of key events in the bread price-fixing case.

Oct. 31, 2017: The Competition Bureau says it’s investigating allegations of bread price-fixing and that it was granted search warrants in the case. Several grocers confirm they are co-operating in the probe.

Dec. 19, 2017: Loblaw and George Weston say they participated in an “industry-wide price-fixing arrangement” to raise the price of packaged bread. The companies say they have been co-operating in the Competition Bureau’s investigation since March 2015, when they self-reported to the bureau upon discovering anti-competitive behaviour, and are receiving immunity from prosecution. They announce they are offering $25 gift cards to customers amid the ongoing investigation into alleged bread price-fixing.

Jan. 31, 2018: In court documents, the Competition Bureau says at least $1.50 was added to the price of a loaf of bread between about 2001 and 2016.

Dec. 20, 2019: A class-action lawsuit in a Quebec court against multiple grocers and food companies is certified against a number of companies allegedly involved in bread price-fixing, including Loblaw, George Weston, Metro, Sobeys, Walmart Canada, Canada Bread and Giant Tiger (which have all denied involvement, except for Loblaw and George Weston, which later settled with the plaintiffs).

Dec. 31, 2021: A class-action lawsuit in an Ontario court covering all Canadian residents except those in Quebec who bought packaged bread from a company named in the suit is certified against roughly the same group of companies.

June 21, 2023: Bakery giant Canada Bread Co. is fined $50 million after pleading guilty to four counts of price-fixing under the Competition Act as part of the Competition Bureau’s ongoing investigation.

Oct. 25 2023: Canada Bread files a statement of defence in the Ontario class action denying participating in the alleged conspiracy and saying any anti-competitive behaviour it participated in was at the direction and to the benefit of its then-majority owner Maple Leaf Foods, which is not a defendant in the case (neither is its current owner Grupo Bimbo). Maple Leaf calls Canada Bread’s accusations “baseless.”

Dec. 20, 2023: Metro files new documents in the Ontario class action accusing Loblaw and its parent company George Weston of conspiring to implicate it in the alleged scheme, denying involvement. Sobeys has made a similar claim. The two companies deny the allegations.

July 25, 2024: Loblaw and George Weston say they agreed to pay a combined $500 million to settle both the Ontario and Quebec class-action lawsuits. Loblaw’s share of the settlement includes a $96-million credit for the gift cards it gave out years earlier.

Sept. 12, 2024: Canada Bread files new documents in Ontario court as part of the class action, claiming Maple Leaf used it as a “shield” to avoid liability in the alleged scheme. Maple Leaf was a majority shareholder of Canada Bread until 2014, and the company claims it’s liable for any price-fixing activity. Maple Leaf refutes the claims.

This report by The Canadian Press was first published Sept. 19, 2024.

Companies in this story: (TSX:L, TSX:MFI, TSX:MRU, TSX:EMP.A, TSX:WN)

The Canadian Press. All rights reserved.

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S&P/TSX composite up more than 250 points, U.S. stock markets also higher

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TORONTO – Canada’s main stock index was up more than 250 points in late-morning trading, led by strength in the base metal and technology sectors, while U.S. stock markets also charged higher.

The S&P/TSX composite index was up 254.62 points at 23,847.22.

In New York, the Dow Jones industrial average was up 432.77 points at 41,935.87. The S&P 500 index was up 96.38 points at 5,714.64, while the Nasdaq composite was up 486.12 points at 18,059.42.

The Canadian dollar traded for 73.68 cents US compared with 73.58 cents US on Thursday.

The November crude oil contract was up 89 cents at US$70.77 per barrel and the October natural gas contract was down a penny at US2.27 per mmBTU.

The December gold contract was up US$9.40 at US$2,608.00 an ounce and the December copper contract was up four cents at US$4.33 a pound.

This report by The Canadian Press was first published Sept. 19, 2024.

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

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Construction wraps on indoor supervised site for people who inhale drugs in Vancouver

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VANCOUVER – Supervised injection sites are saving the lives of drug users everyday, but the same support is not being offered to people who inhale illicit drugs, the head of the BC Centre for Excellence in HIV/AIDS says.

Dr. Julio Montaner said the construction of Vancouver’s first indoor supervised site for people who inhale drugs comes as the percentage of people who die from smoking drugs continues to climb.

The location in the Downtown Eastside at the Hope to Health Research and Innovation Centre was unveiled Wednesday after construction was complete, and Montaner said people could start using the specialized rooms in a matter of weeks after final approvals from the city and federal government.

“If we don’t create mechanisms for these individuals to be able to use safely and engage with the medical system, and generate points of entry into the medical system, we will never be able to solve the problem,” he said.

“Now, I’m not here to tell you that we will fix it tomorrow, but denying it or ignoring it, or throw it under the bus, or under the carpet is no way to fix it, so we need to take proactive action.”

Nearly two-thirds of overdose deaths in British Columbia in 2023 came after smoking illicit drugs, yet only 40 per cent of supervised consumption sites in the province offer a safe place to smoke, often outdoors, in a tent.

The centre has been running a supervised injection site for years which sees more than a thousand people monthly and last month resuscitated five people who were overdosing.

The new facilities offer indoor, individual, negative-pressure rooms that allow fresh air to circulate and can clear out smoke in 30 to 60 seconds while users are monitored by trained nurses.

Advocates calling for more supervised inhalation sites have previously said the rules for setting up sites are overly complicated at a time when the province is facing an overdose crisis.

More than 15,000 people have died of overdoses since the public health emergency was declared in B.C. in April 2016.

Kate Salters, a senior researcher at the centre, said they worked with mechanical and chemical engineers to make sure the site is up to code and abidies by the highest standard of occupational health and safety.

“This is just another tool in our tool box to make sure that we’re offering life-saving services to those who are using drugs,” she said.

Montaner acknowledged the process to get the site up and running took “an inordinate amount of time,” but said the centre worked hard to follow all regulations.

“We feel that doing this right, with appropriate scientific background, in a medically supervised environment, etc, etc, allows us to derive the data that ultimately will be sufficiently convincing for not just our leaders, but also the leaders across the country and across the world, to embrace the strategies that we are trying to develop.” he said.

Montaner said building the facility was possible thanks to a single $4-million donation from a longtime supporter.

Construction finished with less than a week before the launch of the next provincial election campaign and within a year of the next federal election.

Montaner said he is concerned about “some of the things that have been said publicly by some of the political leaders in the province and in the country.”

“We want to bring awareness to the people that this is a serious undertaking. This is a very massive investment, and we need to protect it for the benefit of people who are unfortunately drug dependent.” he said.

This report by The Canadian Press was first published Sept. 18, 2024.

The Canadian Press. All rights reserved.

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