This is DAY 14 of the COVID-19 pandemic.
We begin with some perspective on the speed of this outbreak. Three weeks ago today, we were all getting used to SPRING AHEAD time change, the Toronto Raptors were hoping to snap a two game losing streak, and it was the first time Ottawa had warned Canadians to avoid non-essential travel to Iran, China, northern Italy and parts of South Korea following a spike in cases in the previous days. There were 27 cases on March 2nd. As of this recording, Canada has more than 25 hundred cases.
We are being told that our behaviour today will affect the number of cases and circumstances we find ourselves in three weeks from now.
What are you doing today to change the trajectory of COVID-19?
Here’s what you need to know on Tuesday, March 24th , 2020
For all the talk about a non-partisan approach to Canada’s to passing legislation designed to support Canadian workers and businesses affected by COVID-19, today’s parliamentary session had to be suspended when the Opposition parties objected to sweeping powers being granted to the cabinet and the finance minister until Dec. 2021.
Meanwhile, the US Senate remains stalled as it tries to pass a COVID-19 relief package.
WALL STREET and Bay Street both in the green today…The DOW up just over 11%. The TSX improved by nearly 12%. That news comes amid calls for US President Donald Trump to order the markets to be closed.
NEWSWEEK reporting that Kyle Bass Chief Investment Officer of Hedge Fund Hayman Capital Management says the markets should be closed “until the number of infections in the United States declines for, let's say, two weeks consecutively.”
That closure could last some time considering the World Health Organization says the US could become the new centre of the global coronavirus pandemic. The WHO says case numbers were rising quickly there even as Donald Trump talked of reopening the country for business.
We told you it was coming yesterday, and this morning it was official: the Tokyo Summer Olympics are being postponed until 2021.
We fully expected to be able to tell you that the House of Commons had passed legislation designed to implement the $82 billion relief package the Prime Minister unveiled a week or so ago. But the Opposition has pushed back on Justin Trudeau’s legislation which would grant the federal government sweeping powers to spend money, borrow, and change taxes without parliamentary approval through to Dec. 31, 2021.
As of this recording, the negotiations continue and as CTV’s Evan Solomon reports, this has been complicated further by one MP whose procedural objection to the bill will delay passage further.
For the latest on that story, you can go to ctvnews.ca
With all the focus on what government should be doing, there is a growing sense that industry and corporations are going to have to step up and bare some of the load to bridge our economy in the short term.
Tony Chapman of Tony Chapman Reactions is a marketing strategist and host of the podcast Chatter that Matters. He says there are all kinds of ways large companies and suppliers can help small and medium sized businesses get through the COVID-19 crisis.
THE VIEWPOINTS EXPRESSED IN THIS PODCAST REPRESENT THE OPINIONS OF THE HOST AND PARTICIPANTS AS OF THE DATE OF PUBLICATION AND ARE NOT INTENDED TO BE A SUBSTITUTE FOR MEDICAL ADVICE AND BEST PRACTICES BY LEADING MEDICAL AUTHORITIES AS THE INFORMATION SURROUNDING THE CURRENT CORONAVIRUS PANDEMIC IS CONSTANTLY EVOLVING.