Canada's prime minister announces more than $77 billion in coronavirus stimulus

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Canada's prime minister announces more than $77 billion in coronavirus stimulus​

From CNN’s Paula Newton in Atlanta


Prime Minister Justin Trudeau holds a press conference at Rideau Cottage in Ottawa on December 1.
Prime Minister Justin Trudeau holds a press conference at Rideau Cottage in Ottawa on December 1. Sean Kilpatrick/The Canadian Press/AP

Canadian Prime Minister Justin Trudeau acknowledged Tuesday that a second wave of the virus was compromising Canada’s economic recovery and pledged more than $77 billion more in stimulus.

"This will be a significant investment to get our economy back on track and it's an investment that will make sure no one gets left behind," he said during a news conference in Ottawa Tuesday.

The program will prioritize young families and other impacted communities. Trudeau added that the historic stimulus will be equal to more than 3% of GDP.

Canada’s average weekly test positivity rate has soared to more than 7% on average in the last week of November according to the Public Health Agency of Canada.

In an interview with the Canadian Broadcasting Corporation (CBC) Tuesday, Trudeau said that given the current spike in cases in Canada and worldwide, he would continue to ban most non-essential travel to Canada, including maintaining a partial border closure with the US.

“Until the virus is significantly more under control everywhere around the world, we’re not going to be releasing the restrictions at the border,” Trudeau told the CBC.

Note: These numbers were released by Canada's public health agency, and may not line up exactly in real time with CNN’s database drawn from Johns Hopkins University and the Covid Tracking Project.
 
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