Canada Has Banned Cruises Until November

The economic storms churned up by the COVID-19 pandemic don't seem to be over quite yet for cruise lines Carnival (NYSE: CCL) and Royal Caribbean (NYSE: RCL) as Canada extends its ban on passenger vessels sailing its territorial waters. The move, intended to help fight the coronavirus, has prompted both Royal Caribbean and Carnival to cancel some of their cruises, including some offered in the New England and Alaska areas.

The CDC's no-sail order is still set to expire on July 24, but Canada's transport ministry lengthened its own ban considerably a few days ago. Originally slated to end July 1, the ban on cruise ships and ferries carrying 100 individuals or more in Canadian waters will now last through Oct. 31, with a presumed Nov. 1 ending date.

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Source Fool.com