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More than 71 per cent of local COVID cases, hospitalizations in unvaccinated people: Associate MOH – KitchenerToday.com

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Waterloo Region’s Associate Medical of Health provided some COVID-19 vaccination statistics during Friday’s community update. 

According to Dr. Rabia Bana, the risk of getting COVID-19 across Ontario is eight-times higher for individuals that are not vaccinated, compared to those who are.

In Waterloo Region, 71.9 per cent of local COVID-19 cases since May 1 were in unvaccinated individuals, 25.2 per cent were partially vaccinated or not yet fully protected by their vaccine, and 2.9 per cent were fully vaccinated – or what’s called ‘breakthrough cases’. 

For hospitalizations since May 1, 71.5 per cent were not vaccinated, 24.4 per cent were partially vaccinated or not yet fully protected, while 4.1 per cent were in fully vaccinated individuals.

Broken down further, 71 per cent of local ICU admissions since May 1 have been unvaccinated individuals, 27.1 per cent were partially vaccinated or not yet fully protected, and Dr. Bana said 1 per cent were fully vaccinated.

As for COVID-related deaths, Dr. Bana said 83.9 per cent since May 1 have been unvaccinated or not yet protected by their vaccine. Five deaths were among fully vaccinated individuals, and four were associated with long-term care and retirement home outbreaks. 

“We continue to remain at risk for a resurgence of Delta, which is why we still need more people to get vaccinated,” said Dr. Bana. “We need to aim for a 90 per cent or greater rate of vaccination coverage for both first and second doses.”

Dr. Bana added, “The highest vaccination rates possible are required to keep our schools and communities safe this fall, including for those who are not yet eligible for vaccination. We need everyone to help prevent a fourth wave.”

As for local COVID-19 trends, Dr. Bana said our case rates are slightly higher than they were a week ago. 

“Our seven-day rolling average is 2.9 cases per 100,000, vs. 2.6 last week.”

However, as of Thursday, Waterloo Region’s case rate sat at approximately 20 cases per 100K population. Dr. Bana said that’s down from approximately 40 cases in the beginning of July. 

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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)

The Canadian Press. All rights reserved.

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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)

The Canadian Press. All rights reserved.

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

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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)

The Canadian Press. All rights reserved.

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