Your Daily Scan of the New Global Economy

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Canada
OxyContin maker Purdue Pharma to plead to 3 criminal charges Purdue Pharma, the company that makes OxyContin, the powerful prescription painkiller that experts say helped touch off an opioid epidemic, will plead guilty to three federal criminal charges as part of a settlement of more than US$8 billion, Justice Department officials announced Wednesday. Posted: October...
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'Blacklisted': Nova Scotia First Nation pulls commercial lobster boats from the water The chief of the First Nation behind a disputed moderate livelihood lobster fishery in Nova Scotia says recent vandalism and the loss of potential sales has cost the band more than $1.5 million. Posted: October 21, 2020 3:41 pm by Canada CTV Politics
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Quebec reports 1,072 new cases of COVID-19, 19 more deaths Quebec health authorities reported 1,072 more cases of COVID-19 in the province on Wednesday, bringing the total number of cases since the start of the pandemic to 96,288. Posted: October 21, 2020 3:04 pm by Canada CTV Politics
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'There really is no hope': Ont. parents struggle with 4-year-old daughter's terminal cancer diagnosis The parents of a 4-year-old Ontario girl diagnosed with terminal brain cancer say they are frustrated that there have been no significant developments in treatment for the rare disease in the last 50 years. Posted: October 21, 2020 2:37 pm by...
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Ontario records slight dip in COVID-19 cases but deaths spike Ontario has reported a slight dip in the number of new COVID-19 cases but a spike in the number of deaths. Posted: October 21, 2020 2:16 pm by Canada CTV Politics
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Ontario records nearly 800 new COVID-19 cases, spike in deaths Ontario reported nearly 800 new COVID-19 cases and a spike in the number of deaths on Wednesday. Posted: October 21, 2020 2:16 pm by Canada CTV Politics
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For working Santas, it won't be a green Christmas as parades, other paid gigs dry up COVID-19 precautions mean opportunities to greet Santa Claus in person are dwindling this year. Toronto cancelled its public Santa Claus parade for the first time in its more than 100-year history, and municipalities around the country have done the...
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Retail sales rose 0.4 per cent in August to $53.2B, Statistics Canada reports Statistics Canada says retail sales rose 0.4 per cent to $53.2 billion in August. Posted: October 21, 2020 1:12 pm by Canada CTV Business
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EU says U.K. 'can't have cake, eat it too' but eyes new talks The European Union struck a defiant tone on Wednesday as the standoff over resuming post-Brexit trade negotiations with the United Kingdom intensified, telling London that ‘you cannot have your cake and eat it too.’ Posted: October 21, 2020 12:53 pm by Canada...
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Cathay Pacific cuts 8,500 jobs, shutters regional airline Hong Kong airline Cathay Pacific Airways said Wednesday it would cut 8,500 jobs and shut a regional airline as it grapples with the plunge in air travel due to the pandemic. Posted: October 21, 2020 11:30 am by Canada CTV Business
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