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Why Canada's pandemic experience has been easier than some – CBC.ca

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Although difficult months remain ahead — especially for poorer countries lacking the resources to buy vaccines — the end of the coronavirus pandemic in the developed world is now in sight.

Virus variants remain an unpredictable element but trendlines suggest that the great majority of deaths anticipated in developed countries due to the COVID-19 pandemic have occurred already.

The range of impacts on different countries can be seen in the statistics as the first full year of the pandemic draws to a close.

These statistics compare how Canada has fared to the experiences of five other Western countries: the United States, the United Kingdom, Germany, France and Italy.

When historians look back on this pandemic, the first yardstick they’ll apply to measure its severity is, of course, the number of people it killed.

How bad did it get?

The United States is now coming down from its third wave of COVID infections. Canada has only had two so far. The peak came at different times in different places — but each of the six countries in this comparison experienced one week that was worse than any other.

In France and Italy, the pandemic peaked in November 2020, but in North America and the U.K. the first two weeks of 2021 were the worst.

On January 8, Canada reported a single-day record of 9,214 new cases. The following day, the U.S. reported a single-day record of 315,106 new cases.

A health care worker walks through the post-vaccine waiting area at a mass COVID-19 vaccination clinic for Peel Region in Mississauga, Ont., on Monday, March 1, 2021. (Nathan Denette/The Canadian Press)

The peak of intensity is measured here by the highest recorded daily caseload, per capita. At the pandemic’s height in the U.K., U.S. and France, COVID-19 was infecting almost one person in a thousand every day. In Canada, that number never reached one in 4,000.

Canada had the least intense pandemic of the six.

Immunizations vs infections

Vaccinations are the magic bullet that will end this pandemic. Some countries have done far better than others in administering them. 

The U.K.’s vaccination effort started strong and stayed that way. Germany and the U.S. showed steady increases week over week. France was slow to start but soon caught up. Italy and Canada faltered and lost ground.

But vaccinations don’t tell the whole story. Vaccines entered the picture as much of the western world was racing to get ahead of a new wave of infections.

Canada placed last among this group of nations in terms of doses per capita. But it also has posted the lowest per capita caseloads through 2021.

The U.K. was the undisputed winner of the vaccine race but posted the worst per capita caseloads and death rates of the six. And the nation with the second-best record on vaccinations — the U.S. — had the second-worst caseloads.

Given this strange inversion, how should we measure each nation’s overall performance?

The next graph attempts to do that by dividing each nation’s total number of vaccines administered, week over week, by the number of new cases it recorded in the same week, to give an overall score — call it the “O Factor” — that may offer a clearer picture of how much progress each country has made so far in 2021.

The O Factor penalizes countries for failing to control infections in the present, but gives credit for the future caseload reductions they can expect to achieve by getting needles in arms now.

The damage to economies

Historians will one day study the pandemic’s social and economic effects. Some of those effects aren’t clear yet.

By killing a vast number of European peasants, the Black Death transformed the labour market, allowing workers to demand more for their work and ultimately helping to free them from feudalism. Perhaps this (far less apocalyptic) pandemic will free workers from the bondage of commuting and cubicles.

Whatever changes it leaves in its wake, it’s clear the economic blow of the pandemic has not fallen evenly on all nations.

The six countries we’re comparing here have taken different approaches to pandemic-related shutdowns and layoffs. Some (such as Canada) went big on public spending, while others held back. And some countries will struggle more than others with the debts they have accumulated.

All six of the nations measured here saw nearly unprecedented spikes in the number of unemployment claims as the pandemic took hold.

But some were hit harder than others and some bounced back faster than others.

The graphs shown here only offer snapshots of a pandemic that isn’t over yet. Although immunization appears to offer a path out of this global disaster, new mutations and new variants have the potential to delay that.

Unless Canada can improve its vaccination performance, other countries probably will be quicker to bend their rates of death and hospitalizations downward, closing a gap that currently favours Canada.

But the numbers suggest that one thing won’t change: when compared with its peers in Europe and North America, Canada’s pandemic experience has been less intense — and less deadly.

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Citigroup lawyer says another bank made bigger payment error than Revlon

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NEW YORK (Reuters) – A lawyer for Citigroup Inc told a U.S. judge on Friday he was aware of another large bank that recently made a bigger payment error than Citigroup made last August when it sent $894 million of its own money to Revlon Inc lenders.

Neal Katyal, the lawyer, made the disclosure at a hearing in Manhattan federal court, where Citigroup urged U.S. District Judge Jesse Furman to extend a freeze on $504 million that it has been unable to recoup from the Revlon lenders.

Katyal did not identify the bank, the size of the payment error, or whether the error was fixed.

Citigroup is appealing Furman’s Feb. 16 decision that 10 asset managers, whose clients include Revlon lenders, could keep its mistaken payments.

Furman accepted the asset managers’ argument that Citigroup, as Revlon’s loan agent, paid what they were owed, and they had no reason to think a sophisticated bank would blunder so badly.

Citigroup has said the lenders received a “windfall,” and Furman’s decision could steer banks away from doing wire transfers in a “finders, keepers” marketplace.

Katyal is a partner at Hogan Lovells and former Acting U.S. Solicitor General. Citigroup hired him for its appeal.

 

(Reporting by Jonathan Stempel in New York; editing by Diane Craft)

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Canada aims to raise safety along notorious “Highway of Tears” with cell phone service

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By Moira Warburton

VANCOUVER (Reuters) – Canadian authorities will help fund mobile phone service to increase safety along a remote stretch of highway in British Columbia known as the “Highway of Tears” for the number of women who have gone missing on the route, most of them indigenous.

Indigenous groups recommended the move in 2006 in a report on disappearances and murders of women along the highway between the cities of Prince Rupert and Prince George, roughly 800 km (500 miles) north of Vancouver.

The recommendation was endorsed by a provincial government-mandated commission several years later.

The Royal Canadian Mounted Police are investigating 13 cases of murdered women and five who disappeared on or near the Highway of Tears, although no new cases have been added since 2007. Advocates believe the number of homicides and missing is significantly higher.

Lisa Beare, British Columbia’s minister of citizens’ services, called the project “a critical milestone in helping prevent future tragedies along this route.”

Cell phone plans in Canada are among the most expensive in the world, according to government data, and the cost and lack of coverage in rural areas was a top issue in the last election.

The provincial and federal governments will contribute C$4.5 million towards the C$11.6 million ($9.24 million) cost for Rogers Communications to install 12 cell phone towers, the British Columbia government said on Wednesday.

Lorraine Whitman, president of the Native Women’s Association of Canada, applauded the plan but said it was only one step in making the area safer for indigenous women.

“This truly is a blessing for the women,” she said. “But not all women have a phone. These towers are being put up, but it makes no use to the person that has no cell phone.”

($1 = 1.2558 Canadian dollars)

 

(Reporting by Moira Warburton in Vancouver; Editing by Sonya Hepinstall)

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Canadian fertilizer producer Nutrien to cut greenhouse gas emissions 30% by 2030

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By Rod Nickel and Rithika Krishna

(Reuters) –Canada‘s Nutrien Ltd, the world’s largest fertilizer producer by capacity, said on Thursday it aimed to cut greenhouse gas emissions by at least 30% by 2030, in a plan costing the company up to $700 million.

Agricultural companies, including Mosaic and Corteva, have set carbon emissions targets as climate-conscious investors push firms to become more environmentally friendly.

Nutrien plans to spend $500 million to $700 million to meet the carbon emissions target, which includes cutting emissions from nitrogen production by 1 million tonnes of carbon dioxide equivalent annually by the end of 2023.

“We’re in a really unique spot to address two big societal challenges – food security, and in a way that reduces our environmental footprint,” said Mark Thompson, Nutrien’s chief corporate development and strategy officer, in an interview.

Synthetic fertilizers account for 12% of global emissions from agriculture, according to a 2016 United Nations Food and Agriculture Organization report.

Nutrien’s target includes Scope 1 and 2 emissions, which reflect direct operations and electricity use. Nutrien is addressing Scope 3 emissions – those related to on-farm activity – with a program that encourages growers to adopt sustainable practices that generate monetary credits.

The Saskatoon, Saskatchewan-based company plans to deploy wind and solar energy at four potash plants by the end of 2025, replacing electricity generated by coal and natural gas.

It also plans to expand its sequestration of carbon emissions from nitrogen fertilizer production and to invest in technology to capture nitrous oxide gas from its facilities.

Nutrien estimates that its carbon credit program could directly amount to $10 to $20 per acre for farmers, and it expects to benefit financially itself as well.

“If we can provide agronomic value and the value of the carbon credit over time, we’ll have customer loyalty – we anticipate that we’ll be a preferred supplier,” Thompson said.

(Reporting by Rithika Krishna in Bengaluru and Rod Nickel in Winnipeg; Editing by Sriraj Kalluvila and Steve Orlofsky)

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