Description: New Brunswick and its Maritime cousins, PEI and Nova Scotia, have been the envy of other parts of Canada due to their deft handling of the Corona virus crisis. But this past week, two health zones in New Brunswick were placed back in orange status, after weeks of relative freedom under the yellow banner. This means some businesses, like hair dressers and gymnasiums, will have to close shop, and social visits will be restricted to two-family bubbles.
Date: October 9, 2020
1) What phase or colour is your university community in?
2) Has your university campus been impacted by a change in status during this school year? How has it impacted your campus?
3) In Wiley’s Financial Accounting: Tools for Business Decision-Making, we learn very early on about the concept of prepaid insurance. Think of vendors like hairdressers and gymnasiums who are impacted by shutdowns like this. Is there any insurance product that would protect them from the impacts of a pandemic? (Hint: perhaps do a bit of a search to see if pandemic insurance exists).