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*BITCOIN ERASES GAINS AFTER DOJ CHARGES BITMEX FOUNDERS

Canada Govt turned its back on critical sources of intelligence when it decided to shut down much of its pandemic surveillance capacity last year, focusing instead on official information supplied by foreign governments. “It’s almost incomprehensible." https://t.co/hbDEJR6VHp

Earlier Friday, Moody's warned Canada it wanted details on how Ottawa planned to finance its recovery plan. Now, Fitch Ratings -- which stripped Canada of its triple-A in June -- warns of a further downgrade, and anticipates deficit in FY21-22 to widen further. On WSJ wires: