Day: 12 December 2021

Status update of Covid-19 cases worldwide

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Here we provide a daily update of the data available for select countries and jurisdictions as of December 12, 2021, at 5:30 pm EST.

On Sunday, health officials in Greece logged 3,225 new infections, pushing the total number of confirmed positive cases passed 1.0 million. Of the cumulative total number of cases, 91.7% are considered recovered. In the last 24-hours, authorities have reported 88 Covid-related deaths for a total of 19,245 fatalities attributable to Covid-19.

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The challenges of filling bellies as food prices soar

 

Prepping for the holidays means heading to the store to stock up on groceries. Based on provincial capacity limits, Ontario families could be entertaining up to 25 people in their homes this holiday season. With food prices on the rise, that grocery bill will be pricey. Heading into the new year, shoppers will be paying more to feed their families.

According to Canada’s Food Price Report 2022 (released December 9), an average family of four is expected to pay up to $14,767 for food in 2022. That represents an increase of about $966 from the total annual food cost in 2021, an overall increase between 5% and 7%. (more…)

Weight of the pandemic and new expenses on the fiscal update

TORONTO – Take stock of the health of Canadian finances and understand if the conditions exist to plan a return from the long-term deficit. These are the two central themes on the eve of the presentation of the new tax update by the federal government, also in light of the additional expenses approved to cope with the Covid-19 emergency and the growing uncertainty linked to the development of the new Omicron variant in Canada and the rest of the world.  (more…)