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5 things to know on CTVNews.ca for Friday, September 18, 2020: CRA cyberattacks, second shutdown, children's health – CTV News

Published

4 years ago

September 18, 2020

TORONTO —
Canada has surpassed 140,000 total cases of COVID-19, with 9,200 associated deaths. Here’s what else you need to know to start your day.

1. CRA cyberattacks: In a major update on a series of credential-stuffing attacks on government websites including the Canada Revenue Agency, the country’s top information officer now says that “suspicious activities” have been found on 48,500 CRA user accounts.

2. Second shutdown: As COVID-19 cases begin to rise again, Canadian politicians and health officials are warning that parts of the country may soon enter a second shutdown. But experts say it won’t look like Canada’s first go-round back in March.

3. Children’s health: Parents and children’s health advocates worry that the thousands of delayed or cancelled pediatric procedures due to COVID-19 will have a permanent impact on Canadian children.

4. New COVID-19 test: B.C.’s top health officer Dr. Bonnie Henry announced Thursday researchers have developed a new method of testing that’s non-invasive and can be done without the assistance of a health care professional.

5. Four eyes: Researchers in China have observed a curious link in one of the more specific COVID-19 studies to come out of this pandemic: hospitalized coronavirus patients were less likely to wear glasses than the average population.

One more thing…

Extreme weather: A new satellite image from NASA shows the West Coast of the U.S. and parts of Canada covered in smoke from growing wildfires while Hurricane Sally makes landfall in the Gulf Coast and several other hurricanes converge in the Atlantic Ocean.

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Business

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

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4 hours ago

November 5, 2024

Anne Joseph

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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Business

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

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4 hours ago

November 5, 2024

Anne Joseph

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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Thomson Reuters reports Q3 profit down from year ago as revenue rises

Published

4 hours ago

November 5, 2024

Anne Joseph

TORONTO – Thomson Reuters reported its third-quarter profit fell compared with a year ago as its revenue rose eight per cent.

The company, which keeps its books in U.S. dollars, says it earned US$301 million or 67 cents US per diluted share for the quarter ended Sept. 30. The result compared with a profit of US$367 million or 80 cents US per diluted share in the same quarter a year earlier.

Revenue for the quarter totalled US$1.72 billion, up from US$1.59 billion a year earlier.

In its outlook, Thomson Reuters says it now expects organic revenue growth of 7.0 per cent for its full year, up from earlier expectations for growth of 6.5 per cent.

On an adjusted basis, Thomson Reuters says it earned 80 cents US per share in its latest quarter, down from an adjusted profit of 82 cents US per share in the same quarter last year.

The average analyst estimate had been for a profit of 76 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:TRI)

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