COVID-19 Monitor

Last Updated:October 15, 2020

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Air Canada reports $1.05B first-quarter loss due to impact of COVID-19 pandemic (CBC) Published on: May 4, 2020 | Category: Canadian Business, Economic Impact

Air Canada has cut its second-quarter capacity by 85 to 90 per cent from same time last year.
Air Canada says it lost $1.05 billion in its first quarter compared with a profit of $345 million in the same quarter last year as governments imposed travel restrictions around the world due to the COVID-19 pandemic.
Air Canada is also accelerating the retirement of 79 older aircraft in a move that it says will simplify the airline’s fleet, reduce costs structure and lower its carbon footprint.

Canadian province of Quebec begins gradual reopening, except for city of Montreal (Reuters) Published on: May 4, 2020 | Category: Canadian Business

The province of Quebec, worst hit in Canada by the coronavirus, began gradually reopening its economy on Monday but pushed back plans for a restart in the city of Montreal, citing health concerns.
Quebec is allowing stores with an outside entrance for customers to serve shoppers, but that excludes Montreal, Canada’s second-largest city.
The planned reopening of Montreal’s non-essential stores was delayed to May 18 from May 11 because there were too few hospital beds to cope with a possible surge in new cases, Quebec’s premier said.

54 percent of Americans want to work remote regularly after coronavirus pandemic ends, new poll shows (Newsweek) Published on: May 4, 2020 | Category: Global Response

An IBM survey released on Friday found that 54 per cent of the 25,000 adults polled would like to be able to primarily work from home and 75 percent would like the option to do it occasionally.
Once businesses can reopen, 40 per cent of people responded that they feel strongly their employer should offer opt-in remote work options.

COVID-Plagued California Nursing Homes Often Had Problems In Past (Kaiser Health News) Published on: May 4, 2020 | Category: Global Response

California nursing homes with one or more patients infected with the coronavirus have generally worse quality on average compared with those without cases of COVID-19.
“With low RN staffing, it is not surprising that these facilities have had previous violations for infection control and poorer overall quality as measured by having more deficiencies,” said Charlene Harrington, a professor emerita of the School of Nursing at the University of California-San Francisco.
“It is a classic situation that reaffirms what researchers have found previously, only the situation with the COVID-19 virus is far more serious than anything the nursing homes have experienced before” said Harrington.

Profile of a killer: the complex biology powering the coronavirus pandemic (Nature) Published on: May 4, 2020 | Category: Global Response

In 1912, German veterinarians puzzled over the case of a feverish cat with an enormously swollen belly. That is now thought to be the first reported example of the debilitating power of a coronavirus.
It was a family of dynamic killers: dog coronaviruses could harm cats, the cat coronavirus could ravage pig intestines.
Coronaviruses are also one of the few RNA viruses with a genomic proofreading mechanism — which keeps the virus from accumulating mutations that could weaken it.
SARS-CoV-2 can shed viral particles from the throat into saliva even before symptoms start, and these can then pass easily from person to person. SARS-CoV was much less effective at making that jump, passing only when symptoms were full-blown, making it easier to contain.

Ottawa puts up $175 million to back COVID-19 treatment research by B.C. company (Vancouver Sun) Published on: May 4, 2020 | Category: Canadian Business

The federal government announced Sunday that Vancouver-based AbCellera Biologics Inc. will receive $175.6 million to help find a treatment for COVID-19.
The company, one of the first in North America to receive a blood sample from a patient who had recovered from the coronavirus, has identified an antibody with potential to treat the respiratory illness.

Low-Quality Masks Infiltrate U.S. Coronavirus Supply (WSJ) Published on: May 4, 2020 | Category: Global Response

U.S. regulators and state officials are finding a significant number of imported N95-style masks fall short of certification standards, complicating the response to the coronavirus crisis and potentially putting some front-line workers at greater risk.
Recent tests by the National Institute for Occupational Safety and Health found that about 60% of 67 different types of imported masks tested allowed in more tiny particles in at least one sample than U.S. standards normally permit.
With domestic production and stockpiles falling far short of demand, the tests suggest a high risk that hospitals, local authorities and companies are in many cases paying steep prices for substandard medical gear of uncertain provenance.

Canada to invest $240M in online health care amid coronavirus, Trudeau says (Global News) Published on: May 3, 2020 | Category: Canadian Business

Prime Minister Justin Trudeau said the federal government is investing over $240 million to bring health care online, expanding tools and creating new virtual platforms for mental health and primary care during the coronavirus pandemic.
The money will include funding for marginalized communities and virtual care for patients who may not need to see a doctor in person, he said during his daily press conference on Sunday.

GM and SAIC’s China sales rebound in April as market recovers (Reuters) Published on: May 3, 2020 | Category: Economic Impact

General Motors’ sales in China saw double-digit year-on-year growth in April, its two local ventures said on Sunday, as the world’s biggest auto market recovers from the coronavirus.
To attract customers, GM and SAIC have hired social media celebrities to promote its new models and are offering free medical masks to customers.
China’s biggest automaker SAIC, which sold more than 6 million cars last year, said its sales rose 0.5% compared to the same period last year.

Global oil demand starts a long, painful and uncertain recovery (Toronto Star) Published on: May 3, 2020 | Category: Economic Impact

From the streets of San Antonio to Barcelona and Beijing, traffic data, sales at fuel stations, and pipeline flows all suggest that the slump in oil demand probably bottomed out around the middle of April, and has now started a modest — and very tentative — recovery.
But the recovery is extremely slow. Oil traders believe it’s likely to take more than a year, and perhaps much longer, before global demand reaches the pre-pandemic levels of roughly 100 million barrels a day.
The epicentre of the oil recovery is the same as where the public health crisis started in January: Wuhan. Weekday traffic in the Chinese city has almost returned to pre-crisis levels, although it remains depressed on weekends.

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