Strategy

The threat of a federal election seems to be easing as the Liberal government prepares for a return to Parliament next week amid concerns Canada could already be heading into a dreaded second wave of the novel coronavirus. Fears of a COVID-19 resurgence hung over a cabinet retreat Tuesday as Prime Minister Justin Trudeau and his ministers met behind closed doors for a second straight day to plot a path through—and eventually beyond—the pandemic.

Manulife Financial Corp. is offering COVID-19-related travel insurance for Canadians who take international and domestic trips, eliciting mixed reactions from the industry. The policy, slated to roll out in October, will provide emergency medical coverage that includes the coronavirus and related conditions.