Making masks mandatory may save the economy too, Goldman Sachs economist says

Canada News News

Making masks mandatory may save the economy too, Goldman Sachs economist says
Canada Latest News,Canada Headlines
  • 📰 CTVNews
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 99%

The chief economist at Goldman Sachs says making it mandatory to wear masks in public places across the U.S. could avert a five-per-cent drop in the American GDP.

TORONTO -- As more and more jurisdictions order face masks to be mandatory in public places, protests are springing up against the temporary restriction these orders place on individual freedom.

Investors are already worried about what will happen to the U.S. economy because of fast-rising COVID-19 caseloads in many southern states, Hatzius said."What Goldman Sachs is trying to say to people is 'There is a cost to not getting coronavirus under control,'" Marvin Ryder, an associate professor at the DeGroote School of Business at McMaster University in Hamilton, told CTV News Channel on Tuesday.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CTVNews /  🏆 1. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nenshi warns masks could become mandatory if Calgarians don’t take precautionsNenshi warns masks could become mandatory if Calgarians don’t take precautions
Read more »

PEI’s chief medical officer of health strongly urges people to wear masks in indoor public spacesPEI’s chief medical officer of health strongly urges people to wear masks in indoor public spacesDr. Heather Morrison isn't recommending masks be mandatory, but said they should be worn in any indoor setting where people cannot maintain a physical distance of two metres from each other
Read more »

Refusing a mask should be as taboo as drinking and driving, leading scientist saysRefusing a mask should be as taboo as drinking and driving, leading scientist saysPeople who refuse to wear face masks during the coronavirus pandemic should be stigmatized the same as drink drivers, the head of the prestigious Royal Society science journal said Tuesday.
Read more »

New Brunswick COVID-19 rules require venues collect patrons’ contact info in case of outbreakNew Brunswick COVID-19 rules require venues collect patrons’ contact info in case of outbreakNew Brunswick’s mandatory order says anyone accepting patrons for the purposes of eating, drinking, socializing, ceremony or entertainment, are required to collect their contact information
Read more »

Photos surface of Andrew Scheer failing to wear mask while travellingPhotos surface of Andrew Scheer failing to wear mask while travellingTwo separate photos of the bare-faced party leader sitting comfortably in a waiting area circulated online but his office says he was wearing a mask for his trip
Read more »

Doug Ford says he’ll make air conditioning mandatory in Ontario’s long-term care homesDoug Ford says he’ll make air conditioning mandatory in Ontario’s long-term care homesNDP Leader Andrea Horwath says Ford should change the Long-Term Care Act to mandate A/C in long-term care residents’ bedrooms
Read more »



Render Time: 2025-04-07 18:51:01