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New report to outline potential fiscal, economic cost of coronavirus in Canada

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Canadians will get an idea today of what the coronavirus pandemic could mean for Canada’s economy and the federal government’s balance sheet, with the release of a new report from the parliamentary budget officer.

Yves Giroux is planning to post on his website this morning a “scenario analysis” that is intended to help parliamentarians gauge the potential economic and fiscal implications from the combined health crisis and the collapse of oil prices.

Such analyses typically involve a variety of projected outcomes based on a number of possible, alternative scenarios. [ Sign up for our Health IQ newsletter for the latest coronavirus updates ] The federal government has already poured $107 billion into fighting the pandemic –$52 billion in

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Southern Ontario highway partially closed due to convoy demonstrations: police - globalnews.ca - Usa - Canada - city Detroit - county Windsor
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Southern Ontario highway partially closed due to convoy demonstrations: police
convoy demonstrations against COVID-19 measures.Police said the westbound lanes of the highway at Nauvoo Road have been shut down due to “high traffic volumes” from “freedom convoy” demonstrators.Drivers in the area are being asked to follow emergency detour route signage. Windsor-Detroit Ambassador Bridge access resumes after trucker protest blocked traffic “The OPP respects the right of everyone to freedom of expression and peaceful assembly,” police said.“The OPP asks everyone to be patient and respectful of each other despite potential inconvenience.”The closure is approximately 45 km away from the Blue Water Bridge crossing between Canada and the United States in Sarnia, Ont.It’s not clear if that’s where convoy demonstrators are intending to go.Part of Highway 402 was blocked on Sunday as well due to convoy demonstrations. Police have redirected commercial traffic to the Bluewater Bridge in Sarnia, Ont., and urged motorists to avoid the area around the Ambassador Bridge in Windsor, Ont.There, a protest against COVID-19 measures is blocking Canada-bound vehicles from crossing the Ambassador Bridge between Windsor, Ont., and Detroit for a third day.More to come.— With files from The Canadian Press#LambtonOPP have implemented a closure of westbound Highway 402 at Nauvoo Road to ensure public safety.
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