Evening Update: Canada’s economy sees record quarterly slump; June gains suggest early COVID-19 efforts ‘paying off’

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Evening Update: Canada’s economy sees record quarterly slump; June gains suggest early COVID-19 efforts ‘paying off’
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Also in today’s news, Canada’s foreign traveller ban extended to Sept. 30

the latest GDP numbersAccording to economics columnist David Parkinson, “the Canadian economy suffered its biggest quarterly slump on record in the second quarter as pandemic-related shutdowns slowed the country to a crawl, but a dramatic rebound in June and July indicates that a recovery is well under way.”“Statistics Canada reported Friday that real gross domestic product plunged 11.

And for many kids across Canada, this is the last blissful summer weekend before the beginning of school. Still, some parents and educators are concerned about the transmission of the coronavirus through schools, and are asking for additional safety measures to be implemented, especially in the face of the federal government’s $2-billion contribution to school reopening readiness this week.

Teachers greet their students in the school yard at the Philippe-Labarre Elementary School in Montreal, on Thursday, August 27, 2020.in schools, before the colder fall weather forces classrooms to shut their windows. And with coronavirus continuing to spread throughout the globe, the government of Canada announced today that it will extend a measure

until at least Sept. 30. A separate agreement, pertaining to travellers from the United States, will remain in place until Sept. 21.

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