Bank of Canada cuts key rate for first time in more than 4 years
The Bank of Canada has cut its overnight rate by 25 basis points, a move not seen since the beginning of the pandemic.
Germany's health minister said Friday that more than one per cent of the population -- almost a million people -- are currently infected with the coronavirus, and called on citizens to get vaccinated if they haven't done so yet.
The country confirmed 74,352 new daily COVID-19 cases and 390 additional deaths, figures published by the federal disease control agency showed. According to the Robert Koch Institute's calculations, some 925,800 people in Germany are considered actively infected with the virus.
Health Minister Jens Spahn noted that the number of unvaccinated residents who are infected and seriously ill is much higher than their share of the overall population.
"If all German adults were vaccinated, we wouldn't be in this difficult situation," he told reporters in Berlin.
Spahn spoke a day after federal and state leaders announced tough new restrictions that largely target unvaccinated people, preventing them from entering nonessential stores, restaurants, sports and cultural venues.
The government also plans to submit a general vaccine mandate for parliament to consider. Government spokesman Steffen Seibert said lawmakers could vote on the issue in early January.
Spahn, who is likely to leave office next week when Germany's new center-left government takes office, has opposed compulsory vaccination and made clear Friday that he would vote against the measure.
About 68.8% of people in Germany are fully vaccinated, while the government has set a minimum target of 75%. For the first time since the summer, more than 1 million doses were administered on a single day Wednesday.
Authorities in Berlin have banned a protest planned Saturday by opponents of the pandemic measures. Police in the capital said past demonstrations had shown that participants failed to abide by infection prevention rules, including refusing to wear masks.
Germany's association for intensive care medicine, DIVI, has welcomed the newly agreed restrictions. But its head, Gernot Marx, told the dpa news agency that the number of COVID-19 patients treated in ICUs would likely reach a new record high over the festive period.
The head of the Robert Koch Institute, Lothar Wieler, cautioned that a plateau in new cases seen in some regions could be the result of labs and local health offices reaching the limits of what they can process.
"So it's too early to read a trend reversal into this, much less to refrain from tougher measures," he said.
The Bank of Canada has cut its overnight rate by 25 basis points, a move not seen since the beginning of the pandemic.
The Hospitals of Regina Foundation (HRF) issued an official apology on Wednesday following comedian Rob Schneider's set at a fundraising event on Saturday night.
If an Oilers fan in Edmonton has the spare time, they can not only potentially witness their hockey heroes win and take a step closer to claiming puck glory, they can brag that they journeyed the longest distance between two NHL markets to do it.
Air Canada is now offering free beer and wine on flights within Canada and the U.S. until the end of the year.
Billionaire Elon Musk is questioning diversity and inclusion hiring practices, using the social media platform he owns to criticize a job posting from the University of British Columbia.
Five people associated with the Hells Angels motorcycle gang are facing charges after police raided two homes and two unlicensed bars in Waterloo Region.
President Vladimir Putin warned Germany on Wednesday that the use of its weapons by Ukraine to strike targets inside Russia would mark a 'dangerous step.'
McMaster Children’s Hospital is pausing scheduled tonsil and adenoid surgeries for patients under the age of 18 after officials say two pediatric patients who underwent the procedure died shortly after being discharged.
It was Conservative Leader Pierre Poilievre’s birthday on Monday, but he could've probably done without the package that one of his more obscure backbenchers dropped on his doorstep, writes former NDP leader Tom Mulcair in his latest column for CTVNews.ca.
Marking a milestone, Lakeshore resident Olga White celebrated her 107th birthday in style Wednesday.
The municipality of Tantramar, N.B., is holding a sale to get rid of surplus items it acquired after the Town of Sackville amalgamated with smaller communities last year.
For several weeks, a mysterious social media user has apparently been leaving $50 bills hidden across Metro Vancouver.
A statue dedicated to the Royal Regina Rifles Regiment has been officially unveiled in France just ahead of the 80th anniversary of D-Day.
A Cape Breton is this year's recipient of the McEuen Scholarship, which gives him basically a full ride to the medical school at the University of St. Andrews in Scotland.
Mounties in Kelowna nabbed a would-be burglar with an apparent sweet tooth over the weekend.
When Alyssa Anklewich’s history teacher assigned her Westwood Collegiate class an essay about D-Day, the 15-year-old had other ideas.
Many people are familiar with the benefits of being in nature, but forest therapy goes a step further than a simple walk in the woods.
The Stanley Cup was passing through town Friday, and Lanny Legend took it upon himself to take it for a surprise visit.