This hearing will come to order. Todays hearing is a hybrid format. And the hearing room has been configured to maintain the recommendedf foot social distancing between senators and other individuals in the room necessary to operate the hearing which we have kept to a minimum. For those joining remotely a few videoconferencing reminders. Once you start speaking there will be a slight delay before you are displayed on the screen. To minimize background noise please click the mute button until it is your speak or ask questions. If there is a Technology Issue we will move to the next senator until its resolved. I, again, remind all senators and witnesses that the 5minute clock still applies, and those of you remote should all have a box on your screen labeled clock that will show how much time is remaining. Well try to give you a gavel reminder when your time is almost expired. To simplify the speaking order process senator brown and i again have agreed to go by sen you arty for this hear
And Andrew Ross Sorkin well start with the markets this morning as the nasdaq logged another record high nasdaq now on an eightday win streak the longest since december last year watching u. S. Equity futures today. There is a pull back the dow is indicated down 265 appointments s p off by 28 and nasdaq down by 50 the nasdaq has seen its best quarter since 1999 and the dow the best since 1987. Check out the s p, for this quarter, s p is up for its best returns it has seen since 1975 looking at the treasury yields this morning youll see the 10year note yielding 0. 7005. That is kind of our comfort zone pretty comfortable if you need to borrow money for sure. The u. S. Is weighing some new tariffs on experts in this case from france, germany, spain and uk related to the 15year old wto fight over aircraft subsidies. Saying the eu is guilty of unfair subsidies to airbus the u. S. Has been accused of unfair subsidies to boeing, negotiations have been at a stalemate. Andrew thank you, joe in
He says the u. S. Canada border will likely close to nonessential travel by the weekend. From ottawa, this is 25 minutes. Good morning, everyone. Over the last week we have seen significant changes in what covid19 means for the country. Every day we have had new updates for canadians. French]g we are moving fast because that is how we will protect canadians and the economy. I know it is also a lot to take in. People are having to figure out how they will work from home, close up shop temporarily. Parents are trying to explain to their kids what is going on and why school was canceled. Right now the last thing anyone needs is to be worrying about how to make ends meet. People need to know they have support for their jobs, for businesses, industries. That is what our government has been focused on since day one. Yesterday we announced an 82 billion plan to support all canadians. This includes a. Whole range of measures people should be this includes a whole range of measures. People shou
After withdrawing from the president ial race. My. The us state of california has declared an emergency to deal with an outbreak of the coronavirus theres been a rise in cases there arms the 1st fatality and elderly man dies after recently returning from a trip or a cruise ship the grand princess is now being docs near a california schools with thousands of people still on board she returns a reports on how authorities in california are trying to determine if other passengers are infected. This cruise ship appears to be a potentially another major vector for the coronavirus to spread this man who was elderly had Underlying Health problems which is what we often see in people who die from the coronavirus but he was all in this ship and he does some bug having already felt symptoms off the coronavirus he went home and finally he called my mom one got help got tested was tested positive but that died at least one other person from that same cruise ship who also disembark is potentially is
French]g we are moving fast because that is how we will protect canadians and the economy. I know it is also a lot to take in. People are having to figure out how they will work from home, close up shop temporarily. Parents are trying to explain to their kids what is going on and why school was canceled. Right now the last thing anyone needs is to be worrying about how to make ends meet. People need to know they have support for their jobs, for businesses, industries. That is what our government has been focused on since day one. Yesterday we announced an 82 billion plan to support all canadians. This includes a. Whole range of measures people should be this includes a whole range of measures. People should be checking canada. Ca for more information. We want this to get to canadians as soon as possible. They are doing a fantastic job. I will have a long discussion with the clerk of the city council to talk about how we can support our Public Servants and ensure canadians can access th