Global Markets: Canada bans flights from India, Pakistan

WINNIPEG – The following is a glance at the news moving markets in Canada and globally.

– Canada’s Minister of Transport Omar Alghabra announced yesterday that passenger flights from India and Pakistan will be banned from entering Canada for 30 days effective immediately. More than 100 international flights over the last two weeks, including 32 from India, had at least one positive COVID-19 case on board. India is currently devastated by COVID-19 with a record 330,000 new cases announced today and a double-mutation strain of the virus first identified in the nation. The United Kingdom, Singapore and United Arab Emirates have also banned flights from India.

– Imprisoned Russian opposition leader Alexei Navalny announced earlier today he will end his 24-day hunger strike after being told by outside doctors he would die if he continued. Navalny began the hunger strike on March 31 to protest the lack of medical treatment he has received in prison. Navalny was arrested last January after returning from Germany, where he was recovering from a nerve agent attack he believed came from the Kremlin.

– Iain Stewart, the president of the Public Health Agency of Canada (PHAC) told members of Parliament yesterday Canada is capable of administering 3.1 million doses of COVID-19 vaccine per week if it had sufficient supply. Next week, the federal government is expecting shipments totalling 1.9 million doses: one million Pfizer-BioNTech doses, 650,000 from Moderna and 300,000 doses from the single-shot Johnson & Johnson vaccine. Maj.-Gen. Dany Fortin, who is leading the logistics of Canada’s vaccine rollout, also said in front of a House of Commons health committee there is no timeline as to when more vaccine shipments from AstraZeneca will arrive.

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