QUEBEC CITY Quebec s regional economic development minister has resigned following allegations she psychologically harassed her staff. Marie-Eve Proulx met with Premier François Legault in the morning. “Let s just say it s by mutual agreement, said Legault. Proulx remains the MNA for Côte-du-Sud, a district she won in 2018. She was also minister responsible for the Chaudiere-Appalaches and Bas-St-Laurent regions. She has been the subject of controversy in recent months and more than ten people in her office have been dismissed or resigned. Legault says he was informed about problems in her office in February 2020 and she was assigned a coach to help her manage her staff, but he says the situation did not sufficiently improve.
Trudeau said in a news conference that Canada’s main airlines Air Canada, West Jet, Sunwing and Air Transit are suspending flights to all Caribbean destinations and Mexico from Sunday until April 30.
The airlines are “making arrangements with customers who are currently on a trip in these regions to organize their return flights, Trudeau said.
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In addition, international flights must land at one of four airports in the nation Vancouver, Calgary, Toronto and Montreal starting next week.
Trudeau said Canada will introduce mandatory PCR testing at the airport for travelers returning to the country “in the coming weeks.” Travelers will then have to quarantine at an approved hotel for up to three days while awaiting their results at their own expense.
Posted12/28/2020 5:30 AM
Uncertain what 2021 will bring after a year of empty Metra trains, roads, airports and state coffers, thanks to COVID-19?
Fear not. Five experts have gazed into their crystal balls and offer predictions starting with domestic air travel bouncing back in June.
Airlines suffered a hit in 2020, but the confidence imbued by the (COVID-19) vaccines will encourage many who had previously been reluctant to once again take to the skies, DePaul University professor Joseph Schwieterman said.
There are nuances. Travel to densely populated cities will lag behind sunny vacation spots. People will still have hang-ups about traveling to major cities through late 2021, despite vaccines, added Schwieterman, director of DePaul s Chaddick Institute for Metropolitan Development.
Image source: Getty Images
Air Canada(TSX:AC) stock has soared 62% since the end of October. This reflects rising optimism. Investors’ hopes for the end of the COVID pandemic are rising. Vaccines are now being distributed, and the vaccination process has begun. Now, investors can really envision the end of 2020’s pain.
So, what has this meant for Air Canada’s stock price? Why has it risen so significantly? And what does 2021 have in store?
Without further ado, let’s explore these questions.
Air Canada stock soars as the end to the COVID pandemic approaches
Air Canada has been one of the hardest-hit TSX stocks in 2020. This makes sense. It is in no way a reflection on the company. Air Canada was 100% a victim to the COVID pandemic. So, now that we can see the light at the end of the tunnel, Air Canada stock is soaring.