Ontario to go on four-week stay-at-home lockdown from Thursday

Author: Greg Michalowski | Category: News

Grocery and pharmacy the only retail to remain open

Ontario declares a emergency and as a result will close all retail with the exception of grocery and pharmacy.  The emergency is as a result of an alarming surge in case numbers and COVID-19 hospitalizations across the province. 

From March 26 to 28, 2021, provincial case rates have increased by 7.7 per cent to 101.1 cases per 100,000 people. Current COVID-19 related ICU admissions are already over the peak of wave two and hospitals in regional hotspots will need to further ramp down scheduled surgeries. 

COVID-19 related ICU admissions are projected to exceed 650 beds in a few weeks. These increases are being driven by COVID-19 variants, which are transmitted easily and result in a higher risk of death and hospitalization, including in younger populations.

The USDCAD is higher on the day and looks to test a swing area between 1.2623 to 1.2628.  A move above would look toward the March high at 1.26464. 
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