10 Second Headlines

COVID-19 – SOME CONSTRUCTIVE DEVELOPMENTS Alberta entered Stage 1 of the relaunch on May 14, with some exceptions for Calgary and Brooks: Conditions for relaunch: Continue physical distancing, enhancing testing, launching contact tracing, use… Read More

COVID-19 VACCINE Moderna has announced that they have received approval for their phase 2 trials while they are still completing phase 1. These trials are sponsored by National Institute of Allergy and Infectious Disease… Read More

“When one door closes another door opens but we so often look so regretfully upon the closed door that we do not see the ones which open for us” Alexander Graham Bell COVID-19 –… Read More

THE POWER OF STAYING INVESTED (Jonathan Durocher, NBF Wealth Management) COVID-19 – REOPENING STRATEGY – POSSIBLE PATH FOR OTHER PROVINCES For economies to re-open, we will need to feel comfortable and safe. Saskatchewan became… Read More

COVID-19 UPDATE Over 200 different programs have been launched globally to develop vaccines and treatments to combat COVID-19. Current treatments: some of the treatments being tested today include: Antiviral drugs (many companies including Gilead,… Read More

CANADIAN EMPLOYMENT – SURVEY PERIOD MARCH 15TH TO MARCH 21ST Canada lost 1,010,700 jobs in March (474,000 full time) Unemployment rate up 2.2% to 7.8% Quebec had the largest increase in unemployment rate, up… Read More

COVID-19 UPDATE Nearly 500,000 Canadians are deferring their mortgage payments. 10% of the mortgages held by the 6 largest banks have deferred mortgage payments, with an average monthly payment of $1,326 Represents $663 million… Read More

MARCH 27, 2020 ANNOUNCEMENTS Bank of Canada lowered interest rates to from 0.75% to 0.25% this morning in an emergency move. Prime Minister Trudeau announced: covering up to 75% of wages for qualifying small… Read More

ANGUS WATT ADVISORY GROUP’S 7 FACTS TO KEEP IN MIND We always survive a crisis. The world is fighting a war to slow the spread of the virus. Central banks around the world are… Read More

CENTRAL BANK AND GOVERNMENT REPONSE TO CORONAVIRUS (COVID-19) Central Bank’s around the world have pledged to ‘proactively’ support the economy as the world deals with the COVID-19 virus. The last time we saw this… Read More