NEWS RELEASE COVID-19/HEALTH/WELLNESS ************************* Today, October 8, Nova Scotia is reporting 25 new cases of COVID-19 and 38 recoveries.
There are 17 cases in Central Zone, four cases in Eastern Zone, three cases in Northern Zone and one case in Western Zone.
There is community spread in Central Zone, primarily among people aged 20 to 40 who are unvaccinated and participating in social activities.
On October 7, two schools were notified of an exposure(s) at their school. It is important to note that an exposure associated with a school does not mean there is spread within the school or that the initial case was first exposed to the virus in the school. As always, all staff, parents and guardians are notified of exposures if a positive case (student, teacher or staff) was at the school while infectious. A list of schools with exposures is available online: https://backtoschool.ednet.ns.ca/school-exposures .
There have been 5,214 cases from March 15 to October 6, 2021. Of those:
— 257 (4.9 per cent) were fully vaccinated — 332 (6.4 per cent) were partially vaccinated — 4,625 (88.7 per cent) were unvaccinated
There were 290 people hospitalized. Of those:
— 7 (2.4 per cent) were fully vaccinated — 29 (10.0 per cent) were partially vaccinated — 254 (87.6 per cent) were unvaccinated
Thirty-two people died. Of those:
— 3 (9.4 per cent) were fully vaccinated — 3 (9.4 per cent) were partially vaccinated — 26 (81.3 per cent) were unvaccinated
As of today, Nova Scotia has 234 active cases of COVID-19. Of those, 15 people are in hospital, including four in ICU.
There were 22,139 rapid tests administered between October 1 and 7. This includes 5,709 rapid tests at the pop-up sites in Halifax and Dartmouth and 16,430 through the workplace screening program. Another 8,730 home rapid tests were distributed at the pop-up sites.
On October 7, Nova Scotia Health Authority’s labs completed 3,740 tests.
As of October 7, 1,529,212 doses of COVID-19 vaccine have been administered. Of those, 737,561 Nova Scotians have received their second dose.
Since August 1, there have been 1,022 positive COVID-19 cases and four deaths. Cases range in age from under 10 to over 90. There are 784 resolved cases. Cumulative cases may change as data is updated in Panorama.
Testing advice:
Nova Scotians with or without symptoms can book a test at: https://covid-self-assessment.novascotia.ca/en for COVID-19 for COVID-19 testing centres across the province. Those eligible to receive asymptomatic testing are listed at: https://www.nshealth.ca/visit-covid-19-testing-site . Those with no symptoms who do not meet the criteria are encouraged to use one of the rapid testing pop-up sites if they want to be tested. Some public health mobile unit clinics also offer drop-in testing; this will be noted in promotions.
Anyone with COVID-19 symptoms is advised to self-isolate and book a COVID-19 test.
Anyone advised by public health that they were a close contact needs to complete a full 14-day quarantine, regardless of test results, unless they are fully vaccinated. If they are fully vaccinated at least 14 days before the exposure date, they do not need to self-isolate as long as they are not experiencing any COVID-19 symptoms. They should still get tested and should monitor for symptoms up to 14 days after the exposure date. If symptoms develop, they should get tested and self-isolate until they receive a negative test result.
— fever (chills, sweats) — headache — runny nose or nasal congestion — sore throat — shortness of breath or difficulty breathing
People should call 811 if they cannot access the online self-assessment or wish to speak with a nurse about their symptoms. Anyone with symptoms should immediately self-isolate and book a test.
Quick Facts: — a state of emergency was declared under the Emergency Management Act on March 22, 2020, and has been extended to October 17, 2021
Additional Resources: Nova Scotians can find accurate, up-to-date information, handwashing posters and fact sheets at: https://novascotia.ca/coronavirus
TOKYO (AP) — Japanese technology group SoftBank swung back to profitability in the July-September quarter, boosted by positive results in its Vision Fund investments.
Tokyo-based SoftBank Group Corp. reported Tuesday a fiscal second quarter profit of nearly 1.18 trillion yen ($7.7 billion), compared with a 931 billion yen loss in the year-earlier period.
Quarterly sales edged up about 6% to nearly 1.77 trillion yen ($11.5 billion).
SoftBank credited income from royalties and licensing related to its holdings in Arm, a computer chip-designing company, whose business spans smartphones, data centers, networking equipment, automotive, consumer electronic devices, and AI applications.
The results were also helped by the absence of losses related to SoftBank’s investment in office-space sharing venture WeWork, which hit the previous fiscal year.
WeWork, which filed for Chapter 11 bankruptcy protection in 2023, emerged from Chapter 11 in June.
SoftBank has benefitted in recent months from rising share prices in some investment, such as U.S.-based e-commerce company Coupang, Chinese mobility provider DiDi Global and Bytedance, the Chinese developer of TikTok.
SoftBank’s financial results tend to swing wildly, partly because of its sprawling investment portfolio that includes search engine Yahoo, Chinese retailer Alibaba, and artificial intelligence company Nvidia.
SoftBank makes investments in a variety of companies that it groups together in a series of Vision Funds.
The company’s founder, Masayoshi Son, is a pioneer in technology investment in Japan. SoftBank Group does not give earnings forecasts.
Shopify Inc. executives brushed off concerns that incoming U.S. President Donald Trump will be a major detriment to many of the company’s merchants.
“There’s nothing in what we’ve heard from Trump, nor would there have been anything from (Democratic candidate) Kamala (Harris), which we think impacts the overall state of new business formation and entrepreneurship,” Shopify’s chief financial officer Jeff Hoffmeister told analysts on a call Tuesday.
“We still feel really good about all the merchants out there, all the entrepreneurs that want to start new businesses and that’s obviously not going to change with the administration.”
Hoffmeister’s comments come a week after Trump, a Republican businessman, trounced Harris in an election that will soon return him to the Oval Office.
On the campaign trail, he threatened to impose tariffs of 60 per cent on imports from China and roughly 10 per cent to 20 per cent on goods from all other countries.
If the president-elect makes good on the promise, many worry the cost of operating will soar for companies, including customers of Shopify, which sells e-commerce software to small businesses but also brands as big as Kylie Cosmetics and Victoria’s Secret.
These merchants may feel they have no choice but to pass on the increases to customers, perhaps sparking more inflation.
If Trump’s tariffs do come to fruition, Shopify’s president Harley Finkelstein pointed out China is “not a huge area” for Shopify.
However, “we can’t anticipate what every presidential administration is going to do,” he cautioned.
He likened the uncertainty facing the business community to the COVID-19 pandemic where Shopify had to help companies migrate online.
“Our job is no matter what comes the way of our merchants, we provide them with tools and service and support for them to navigate it really well,” he said.
Finkelstein was questioned about the forthcoming U.S. leadership change on a call meant to delve into Shopify’s latest earnings, which sent shares soaring 27 per cent to $158.63 shortly after Tuesday’s market open.
The Ottawa-based company, which keeps its books in U.S. dollars, reported US$828 million in net income for its third quarter, up from US$718 million in the same quarter last year, as its revenue rose 26 per cent.
Revenue for the period ended Sept. 30 totalled US$2.16 billion, up from US$1.71 billion a year earlier.
Subscription solutions revenue reached US$610 million, up from US$486 million in the same quarter last year.
Merchant solutions revenue amounted to US$1.55 billion, up from US$1.23 billion.
Shopify’s net income excluding the impact of equity investments totalled US$344 million for the quarter, up from US$173 million in the same quarter last year.
Daniel Chan, a TD Cowen analyst, said the results show Shopify has a leadership position in the e-commerce world and “a continued ability to gain market share.”
In its outlook for its fourth quarter of 2024, the company said it expects revenue to grow at a mid-to-high-twenties percentage rate on a year-over-year basis.
“Q4 guidance suggests Shopify will finish the year strong, with better-than-expected revenue growth and operating margin,” Chan pointed out in a note to investors.
This report by The Canadian Press was first published Nov. 12, 2024.
TORONTO – RioCan Real Estate Investment Trust says it has cut almost 10 per cent of its staff as it deals with a slowdown in the condo market and overall pushes for greater efficiency.
The company says the cuts, which amount to around 60 employees based on its last annual filing, will mean about $9 million in restructuring charges and should translate to about $8 million in annualized cash savings.
The job cuts come as RioCan and others scale back condo development plans as the market softens, but chief executive Jonathan Gitlin says the reductions were from a companywide efficiency effort.
RioCan says it doesn’t plan to start any new construction of mixed-use properties this year and well into 2025 as it adjusts to the shifting market demand.
The company reported a net income of $96.9 million in the third quarter, up from a loss of $73.5 million last year, as it saw a $159 million boost from a favourable change in the fair value of investment properties.
RioCan reported what it says is a record-breaking 97.8 per cent occupancy rate in the quarter including retail committed occupancy of 98.6 per cent.
This report by The Canadian Press was first published Nov. 12, 2024.
