As the third winter of the COVID-19 pandemic looms in the northern hemisphere, scientists are warning weary governments and populations alike to brace for more waves of the virus. In the United States alone, there could be up to a million infections a day this winter, Chris Murray, head of the Institute of Health Metrics … Read more
President Joe Biden tested positive for COVID-19 again Saturday, slightly more than three days after he was cleared to exit coronavirus isolation, the White House said, in a rare case of “rebound” following treatment with an anti-viral drug. White House physician Dr. Kevin O’Connor said in a letter that Biden “has experienced no reemergence of … Read more
Staycations have helped Ontario’s battered tourism sector rebound — but when it comes to recovery, there’s still a long road ahead. On top of the “staycation” tax credit that covers a portion of hotel or other accommodation costs, some local tourism organizations are offering gas cards or discounted hotel stays — Ottawa has a “stay … Read more
A seventh wave of COVID-19 is sweeping across Canada, leading to high rates of infection and increased hospitalizations in most provinces. But unlike during previous outbreaks, many of the country’s top doctors have been largely absent from the public eye. Now, health experts say the public should be getting clearer messaging – that even if … Read more
OTTAWA, July 22 (Reuters) – Canadian home prices are dropping fast after surging during the coronavirus pandemic, but that is offering little relief for consumers who face sky-rocketing rents and fading buying power as interest rates rise. Desperate would-be buyers found themselves caught in a frenzy of bidding wars for real estate during the pandemic, … Read more
The wait times have never been longer at some emergency rooms. Patients are showing up sicker, needing more tests, treatments and beds. There’s an “unprecedented” shortage of nurses, which has forced some hospitals to operate short-staffed or to temporarily close or scale back ERs. Meanwhile, surgeons race to clear backlogs in hospitals that never fully … Read more
US President Joe Biden has tested positive for COVID-19 and is experiencing “very mild symptoms.” In a statement on Thursday, a White House spokesperson said Biden, who is fully vaccinated and has received two booster shots, will continue to work while isolating. “Consistent with CDC guidelines, he will isolate at the White House and will … Read more
Canada’s massive run-up in housing prices during the COVID-19 pandemic had more to do with investor demand and rock-bottom interest rates than oft-talked about concerns of insufficient housing supply, according to the Bank of Montreal’s top economist. Doug Porter published a short note Wednesday morning exploring the surging home prices seen in Ontario cities such … Read more
The Federal Reserve building in Washington September 1, 2015. REUTERS/Kevin Lamarque/File Photo Register now for FREE unlimited access to Reuters.com Register BENGALURU, July 21 (Reuters) – The US Federal Reserve will opt for another 75 basis point rate hike rather than a larger move at its meeting next week to quell stubbornly-high inflation as the … Read more
As a seventh wave of COVID-19 makes its way in Canada, long-term care facilities in some provinces are seeing a major spike in infections. In Ontario, COVID-19 outbreaks in long-term care homes more than doubled in the first week of July, according to the province’s public health unit. Read more: Ottawa rolling out new COVID-19 … Read more
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