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111 new COVID-19 cases, 1 death in Manitoba on Thursday – CBC.ca

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There are 111 new COVID-19 cases and one death in Manitoba on Thursday.

The death is a man in his 70s from the Winnipeg health region, connected to the outbreak at Golden Links Lodge personal care home.

Manitoba’s test positivity rate is 4.3 per cent, down from 4.6 on Wednesday, and Winnipeg’s rate remains at 3.8 per cent.

There were no new cases of more contagious coronavirus variants reported in Manitoba. So far, tests have confirmed a total of 63 cases of the B117 variant, first found in the United Kingdom, and 14 cases the B1351 variant, first identified in South Africa.

This is the third time in two weeks that Manitoba’s case counts have risen above 100. The last time was on March 16. 

Nearly half of the new cases reported Thursday are in the Northern Health Region, which has 53, while there are 46 in the Winnipeg region, nine in Prairie Mountain Health, three in Southern Health and none in the Interlake-Eastern health region.

The total number of hospitalizations rose to 146 from 138 the day before, with 61 cases still active, up from 58. The number of patients in intensive care units also rose to 30, including 14 active cases, up from 27 with 14 active cases the day before.

The seven-day average daily case count has risen gradually since the start of the month. On March 1, the average was around 61 cases per day. Now, it’s around 90, an increase of almost 50 per cent over that time.

Manitoba has now had a total of 33,696 confirmed cases since the start of the pandemic, with 1,109 still listed as active. Ongoing reviews of active cases have removed 215 from the total, health officials said Thursday.

The total number of COVID-related deaths in Manitoba remains 929, after one previously reported death was removed. 

Labs completed 2,747 COVID-19 tests on Wednesday. 

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Cineplex reports $24.7M Q3 loss on Competition Tribunal penalty

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TORONTO – Cineplex Inc. reported a loss in its latest quarter compared with a profit a year ago as it was hit by a fine for deceptive marketing practices imposed by the Competition Tribunal.

The movie theatre company says it lost $24.7 million or 39 cents per diluted share for the quarter ended Sept. 30 compared with a profit of $29.7 million or 40 cents per diluted share a year earlier.

The results in the most recent quarter included a $39.2-million provision related to the Competition Tribunal decision, which Cineplex is appealing.

The Competition Bureau accused the company of misleading theatregoers by not immediately presenting them with the full price of a movie ticket when they purchased seats online, a view the company has rejected.

Revenue for the quarter totalled $395.6 million, down from $414.5 million in the same quarter last year, while theatre attendance totalled 13.3 million for the quarter compared with nearly 15.7 million a year earlier.

Box office revenue per patron in the quarter climbed to $13.19 compared with $12 in the same quarter last year, while concession revenue per patron amounted to $9.85, up from $8.44 a year ago.

This report by The Canadian Press was first published Nov. 6, 2024.

Companies in this story: (TSX:CGX)

The Canadian Press. All rights reserved.

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Restaurant Brands reports US$357M Q3 net income, down from US$364M a year ago

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TORONTO – Restaurant Brands International Inc. reported net income of US$357 million for its third quarter, down from US$364 million in the same quarter last year.

The company, which keeps its books in U.S. dollars, says its profit amounted to 79 cents US per diluted share for the quarter ended Sept. 30 compared with 79 cents US per diluted share a year earlier.

Revenue for the parent company of Tim Hortons, Burger King, Popeyes and Firehouse Subs, totalled US$2.29 billion, up from US$1.84 billion in the same quarter last year.

Consolidated comparable sales were up 0.3 per cent.

On an adjusted basis, Restaurant Brands says it earned 93 cents US per diluted share in its latest quarter, up from an adjusted profit of 90 cents US per diluted share a year earlier.

The average analyst estimate had been for a profit of 95 cents US per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:QSR)

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Electric and gas utility Fortis reports $420M Q3 profit, up from $394M a year ago

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ST. JOHN’S, N.L. – Fortis Inc. reported a third-quarter profit of $420 million, up from $394 million in the same quarter last year.

The electric and gas utility says the profit amounted to 85 cents per share for the quarter ended Sept. 30, up from 81 cents per share a year earlier.

Fortis says the increase was driven by rate base growth across its utilities, and strong earnings in Arizona largely reflecting new customer rates at Tucson Electric Power.

Revenue in the quarter totalled $2.77 billion, up from $2.72 billion in the same quarter last year.

On an adjusted basis, Fortis says it earned 85 cents per share in its latest quarter, up from an adjusted profit of 84 cents per share in the third quarter of 2023.

The average analyst estimate had been for a profit of 82 cents per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:FTS)

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