Reddit Investors Turn Their Attention to Silver
On Monday, Silver broke above US$30 an ounce for the first time since 2013, as retail traders switched focus from GameStop to metal and triggered fears of a multi-asset melt up in the market. Shares in GameStop went under four per cent in premarket trade after closing at US$325 on Friday, as traders pivoted their […]
Ottawa Announces New Loan Program for Businesses Impacted by COVID-19
The federal government announced a new loan program to help eligible businesses that have lost half of their revenue during the pandemic. Businesses can start applying for the Highly Affected Sectors Credit Availability program on Monday. As long as businesses can provide proof that their revenues have fallen by at least fifty per cent for […]
Ontario’s COVID-19 Testing Order for International Travellers Start Today
Starting today, all international travellers will have to take a COVID-19 test when arriving in Ontario to help stop the new variants of COVID-19 from further spreading in the Province. The testing order starts today at the Toronto Pearson International airport and also applies to the land crossing border to the U.S. Read more from […]
Johnson & Johnson’s COVID-19 Vaccine Appears Less Effective
On Friday, Johnson & Johnson announced that its single-dose vaccine was 72 per cent effective in preventing COVID-19, but only 66 per cent was observed globally in a large trial. The trial had 44,000 volunteers, in which the level of protection against both moderate and severe COVID-19 was 66 per cent in Latin America and […]
Trudeau Announces New Measures to Prevent International Travel
According to a government source, Prime Minister Justin Trudeau will announce new measures to discourage international travel to avoid the COVID-19 variant from entering Canada. Trudeau will announce details during a press conference on how new measures would be introduced to strengthen the existing travel restrictions. Read more from the News Source HERE
Ontario Extends Lower Electricity Rates
Ontario decided to extend the reduced electricity rates that were going to expire on January 28. The Ford government decided to extend the off-peak rate of 8.5 cents per kilowatt-hour until February 9. The reduced electricity rates came into effect at the beginning of the year and were initially set for 28 days, but it […]
Ontario Considers Mandatory COVID-19 Testing for All International Travellers
The Ontario government considers requiring all international travellers that arrive at Toronto Pearson airport to get tested for COVID-19. According to sources, Ontario’s chief medical officer of health, Dr. David Williams, is thinking of issuing a section 22 order to mandate testing for travellers who arrive from outside the country. As new variants of COVID-19 […]
Greater Toronto Area Condo Sales Surge, While Prices Drop
According to new data from the region’s real estate board shows that if you were on the lookout for an apartment or condo in the Greater Toronto Area last year, that you might have an edge in negotiations. On Wednesday, two reports released by the Toronto Regional Real Estate Board show that condos listed for […]
Ontario Reports Lowest Case Numbers of COVID-19 Since November
On Wednesday, Ontario reported 1,670 new cases of COVID-19, which is the fewest number of new cases reported since late November. The seven-day average of daily cases has been in a steady decline since it peaked on January 11, falling to 2,205. Read more from the News Source HERE
The City Will Reach Out to 12 Residential Buildings About Mask Usage
On Wednesday, the city will be sending staff to twelve residential buildings around the city where many complaints have been made about mask usage. On Tuesday, Mayor Tory said, “We’re going to be having people out there, like tomorrow, and you know who you are out there. But there are going to be people out […]