The conglomerate's stocks have lost $33 billion in combined market value since the news of Gautam Adani's indictment
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Canada has moved past the worst of the Omicron variant of coronavirus on some parameters, but Canadians still need to be prudent as hospitalisations were continuing to rise, the country’s top health official said Friday.
Omicron infections started spreading rapidly last month, taking over the dominant variant designation from Delta and forcing authorities to impose restrictions on businesses and social gatherings.
Multiple indicators, including daily case counts and test positivity rates, now suggest that Omicron infections have peaked nationally in Canada, chief public health officer Theresa Tam told reporters at a briefing.
“Getting to perhaps the peak is one thing but coming down the other side of the wave includes a lot of people could get infected, and some of them could potentially be infected with BA.2,” Tam said, referring to a subvariant of the Omicron coronavirus variant that has been recorded in some European countries.
Canada has detected over 100 cases of BA.2, which does not have the specific mutation seen with Omicron that can help to easily distinguish it from Delta, but the main Omicron variant was still behind the vast majority of Covid-19 infections.
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While the seven-day average case count dropped 28% as of Wednesday, compared with the week earlier, hospitalizations due to Covid continued to increase during the same period and over 1,200 patients were getting treated in intensive care units on average daily.
“Presently lagging indicators are still rising ... this is why it continues to be important to limit spread as much as possible,” Tam said.
The conglomerate's stocks have lost $33 billion in combined market value since the news of Gautam Adani's indictment
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