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The COVID-19 pandemic had a deep impact on the Canadian economy, leading it into a recession. The government's social distancing rules had the effect of limiting economic activity in the country. Companies started mass layoffs of workers, and Canada's unemployment rate was 13.5 percent in May 2020, the highest it has been since 1976.
On January 28, 2020, British Columbia became the second province to confirm a case of COVID-19 in Canada. [2] The first case of infection involved a patient who had recently returned from Wuhan, Hubei, China. [3] The first case of community transmission in Canada was confirmed in British Columbia on March 5, 2020. [4]
Top 30 weeks with most deaths. Of the 30 weeks, 15 occurred in 2020, 5 in 2021, and 10 in 2022. 8 instances were recorded in January, 6 in April, 5 each in May and December, 4 in February, and 2 in November. Canada. April 26-May 2, 2020. 1,317. December 20-26, 2020.
The first confirmed human case in the United States was on 19 January 2020. The World Health Organization declared the COVID-19 outbreak a Public Health Emergency of International Concern (PHEIC) on 30 January 2020, and first referred to it as a pandemic on 11 March 2020. [3] [4] The WHO ended the PHEIC on 5 May 2023. [5]
At the onset of the coronavirus pandemic, in March 2020, the unemployment rate was a very benign 4.4%. Just a single month later, the rate had shot up by more than 10%, to 14.8%.
A July 2021 PHAC epidemiology report said that those who were unvaccinated represented almost 90% of COVID cases reported. [21] This fourth wave led to the reinstatement of pandemic restrictions like mask mandates in provinces such as British Columbia and Alberta. [22] Consequently, vaccine passports were introduced in all provinces and two ...
Futures tied to major US stock indexes rallied on the news. S&P 500 futures put on nearly 0.8%, while Dow Jones Industrial Average futures added roughly 0.5%.Contracts on the tech-heavy Nasdaq 100 ...
Data from the Bureau of Labor Statistics released Friday showed the labor market added 142,000 nonfarm payroll jobs in August, fewer additions than the 165,000 expected by economists. Meanwhile ...