Oct. 2, 2020

COVID-19’s IMPACT ON CHILDREN – SAVE THE CHILDREN REPORT

  • More than 80% of children felt they were learning little or nothing at all.
  • 37% of children said they had no one to help them with their schoolwork.
  • 68% of kids had access to textbooks; 42% to reading books; 7% to an educational cellphone or tablet app; 2% to an educational computer program.
  • Less than 1% of kids from poor households had internet access for remote learning, compared with 19% of non-poor children.
  • 63% of girls reported doing more house chores during COVID-19 and 52% spent more time caring for siblings.
    • For boys the rates were 43% doing more chores and 42% caring for siblings
  • Reports of household violence doubled to 17% from 8% during closure.
    • 32% of households reported physical or emotional violence in their home during the pandemic
  • By month 5 of the pandemic, 95% of kids reported greater negative feelings vs 63% at the start.

HYDROGEN….HOW DOES IT WORK AS AN ENERGY SOURCE 

  • Hydrogen flames hot and clean, it can be used in furnaces that reach 1,500 Celsius (2,700 F) to manufacture steel, cement, chemicals etc.
  • Hydrogen can stand in for carbon in some chemical reactions.
  • ‘Green’ Hydrogen – gas produced using electricity from renewable sources is essentially emissions free.
    • An electric current is sent through water to split hydrogen atoms from oxygen
    • Can be made by ‘steam reforming’ of biomethane and biogas.
  • It can be used as a clean solution for fueling cars, trucks, ships and heating buildings.
  • Most of the world’s energy companies and big industrial groups are involved in hydrogen somehow.
  • Current costs are relatively high (between $2.50 and $4.50 a kilogram to make) due to price of renewable-powered electrolysis, this would need to fall below $1 to be competitive with hydrogen made from fossil fuels.
  • A lot of challenges remain to make hydrogen a safe and viable option.

DELOITTE CANADA 2019 IMPACT REPORT

  • Report focused on our growth rate to 2030 by using 1,000 variables (before COVID-19).
  • Canada needs more workers and productivity.
  • Growth rate estimated to be 1.7% vs 2.2% for the past decade.
  • Low fertility rate, a doubling of people over the age of 65 and lower immigration will be important factors for the slower growth rate.
  • We will need to increase hours worked to increase income and increases taxes.
  • We need a redesigned work-place to increase the inclusion rate for workers with disabilities.
  • “We need to create an environment where companies want to invest in Canada, not other countries” including an industry focus on technology, late state start-ups, construction, medical equipment and computer system design.

US EMPLOYMENT DATA

  • US added 661,000 jobs in September versus 859,000 expected.
  • Unemployment rate 7.9% versus 8.2% expected.
  • Average hourly earnings up 4.7% year over year versus 4.8% expected.
  • The labour force participation rate was 61.4% versus 62% expected.