Prime Minister Justin Trudeau had previously pledged C$14 billion, but many premiers said that amount was not nearly enough to cover their needs
Microsoft did not confirm the layoffs after reports said that at least 50 news production workers were laid off.
The worldwide market recovery was fulled mostly by the amateur retail investors who saw an opportunity to buy in at the dip.
Economic inactivity rose, with people out of work not currently looking for new jobs, the Office of National Statistics (ONS) said.
SMIC's listing comes amid growing competition between the United States and China to attain tech supremacy.
The central bank maintains its official GDP forecast in the range of -4 percent to -7 percent for 2020.
The signing of the bipartisan legislation comes weeks after China imposed a new security law to bring an end to Hong Kong's special status.
Despite drastic response by the Administration and the Fed, getting back to pre-pandemic levels of employment will take years together.
China's move comes just a day after Beijing announced tit-for-tat sanctions against four US officials, including senators Ted Cruz and Marco Rubio.
According to the Office for National Statistics, May's modest month-on-month expansion came as several sectors were allowed to reopen.
China's imports rose by 2.7 percent in June, while exports rose by 0.5 percent, serving as an indicator of the economy's recovery.
This marks the biggest contraction on record and worse than the analysts' prediction.
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Tata Sons, which holds 51 percent stake in the Malaysian low-cost airline, is also reportedly mulling over shedding its entire stake in AirAsia India
The Bank of England is the second largest keeper of gold in the world after New York Federal Reserve