Coronavirus: Largest study suggests elderly and sick are most at risk – BBC News – BBC News

Coronavirus: Largest study suggests elderly and sick are most at risk – BBC News – BBC News

Published on Feb 19, 2020Health officials in China have published the first details of more than 44,000 cases of Covid-19, in the biggest study since the outbreak began.Data from the Chinese Centre for Disease Control and Prevention (CCDC) finds that more than 80% of the cases have been mild, with the sick and elderly most……

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Via Rail temporarily lays off 1,000 employees as blockades snarl passenger service

Via Rail temporarily lays off 1,000 employees as blockades snarl passenger service

Via Rail is temporarily laying off almost one third of its employees in light of the rail blockades. On Wednesday, it started sending temporary suspension notices to nearly 1,000 employees. The passenger rail operator employs 3,115 people nationwide. Via Rail, which operates on Canadian National Railway’s tracks, said Wednesday it began notifying employees of the……

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Watchdog finds shortcomings with how Canada’s biggest banks handle consumer complaints

Watchdog finds shortcomings with how Canada’s biggest banks handle consumer complaints

A federal regulator says there are a number of flaws in the policies and procedures that Canada’s biggest banks use to deal with customer complaints, and the watchdog says it will try to force lenders to shore up those gaps.The Financial Consumer Agency of Canada on Wednesday released two reports detailing the results of a……

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Why mortgage stress test changes should not be made in political backrooms

Why mortgage stress test changes should not be made in political backrooms

The main job of the Office of the Superintendent of Financial Institutions (OSFI) is to keep banks out of trouble, and the mortgage stress test ensured none of them were adding riskier creditors to their massive home-loan portfolios. But at the end of January, out of nowhere, the federal banking regulator appeared to go wobbly……

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Gold could hit $2,000 as investors seek protection from coronavirus: Citibank

Gold could hit $2,000 as investors seek protection from coronavirus: Citibank

By Kevin MartineAs gold prices reached a seven-year high of US$1,600 per ounce this week, some analysts are predicting the start of a new bull market for the precious metal.Analysts at Citibank Group Inc. believe prices could hit US$2,000 per ounce in the next year.Fears over interest rate cuts by central banks, as well as……

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Tim Hortons rolls back Roll Up the Rim prize pool as it makes sweeping changes to contest in digital shift

Tim Hortons rolls back Roll Up the Rim prize pool as it makes sweeping changes to contest in digital shift

Tim Hortons announced sweeping changes to its Roll Up the Rim to Win promotion on Wednesday, shifting toward a digital version of the iconic contest that offers more chances to play, but fewer prizes.The shift comes after last year’s contest failed to inject the sales boost that the coffee chain had come to expect from……

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CN Rail ‘not panicking’ about bottomline impact yet, but says it’s a victim of the blockade crisis

CN Rail ‘not panicking’ about bottomline impact yet, but says it’s a victim of the blockade crisis

Canadian National Railway executives downplayed the effect the ongoing rail blockades will have on its annual financial results at an investor conference on Wednesday, even as it sent temporary layoff notices to 450 employees in Eastern Canada.CN is maintaining its annual guidance that both volumes shipped and profit will grow in 2020, chief financial officer……

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Stress test tinkering comes amid falling mortgage rates and surge in private lending

Stress test tinkering comes amid falling mortgage rates and surge in private lending

Mortgage stress tests have been defended by Canadian regulators even as a frustrated real-estate industry pushed for changes and as the measure became a campaign issue ahead of last year’s federal election. So why has Ottawa decided now is the time to tinker with the minimum qualifying rates borrowers have to face?Finance Minister Bill Morneau……

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Are RRSPs really worth it? The answer may surprise you

Are RRSPs really worth it? The answer may surprise you

More and more people say to me that they don’t contribute to RRSPs. They don’t think it makes sense. If they ask my opinion, my response always depends on the specifics of the person who is asking. For the purposes of this article, I will address a few different scenarios.For all of these examples, the……

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Cannabis company executives point finger at founders over alleged missing $14 million

Cannabis company executives point finger at founders over alleged missing $14 million

A licensed cannabis producer facing significant financial issues is alleging the company’s own founders misappropriated approximately $14 million from its coffers, leaving hundreds of shareholders with little to show for their investments.A video obtained by the Financial Post of a private shareholders’ meeting on Jan. 14 shows executives of Green Relief Inc. detailing a series……

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