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Moderna COVID-19 vaccine gets Health Canada approval for kids 12+ – Global News

Published

3 years ago

August 27, 2021

As the Delta variant rages through unvaccinated populations in Canada ahead of the back-to-school season, children aged 12 and up will now be able to get the Moderna COVID-19 vaccine.

Health Canada authorized the use of the highly effective mRNA vaccine for Canadian children between the ages of 12 and 17 on Friday morning.

The vaccine had only been available to those over the age of 18 so far, though the Pfizer mRNA vaccine was authorized for kids over the age of 12 back in May 2021.

(1/3) Health Canada has authorized the use of the Moderna #CovidVaccine in youth aged 12 to 17. Until now, this vaccine was only authorized for use in people 18 years of age or older. pic.twitter.com/xMqf6MGR0A

— Health Canada and PHAC (@GovCanHealth) August 27, 2021

In a series of tweets, the public health agency and the regulatory body said officials had reviewed the evidence submitted by Moderna for expanded authorization and found the vaccine is “safe and effective” at preventing COVID-19 in children aged 12 and up.

“Health Canada and the Public Health Agency of Canada will continue to closely monitor the safety of this vaccine, and will take action if any safety concerns are identified,” said the agencies in a tweet.

The National Advisory Council on Immunization issued its recommendations on the best practices for vaccinating young Canadians with the Moderna vaccine, noting doses should be given four weeks apart compared to the recommended three-week interval between Pfizer doses.

Each dose of the Moderna vaccine contains 100 micrograms compared to 30 micrograms in each dose of Pfizer.

NACI wrote that as vaccination continues to rise among the eligible adult population and the highly contagious Delta variant fuels the fourth wave, the burden of infection is shifting to younger Canadians.

“The Moderna COVID-19 vaccine was well tolerated in adolescents 12 to 17 years of age,” said the advisory council on Friday.

“The benefits of immunization with an mRNA vaccine for protection against COVID-19 infection and its potential complications outweigh any potential risks.”

The advisory council added that anyone who gets vaccinated and has symptoms of chest pain, shortness of breath or heart palpitations afterwards should seek medical attention, due to the rare risk of myocarditis and/or pericarditis.

As of Aug. 27, 52,859,429 doses of COVID-19 vaccines approved for use in Canada have been injected into arms, with the majority of those being doses of either Pfizer or Moderna mRNA vaccines.

The vaccines have an efficacy rate of roughly 94 to 96 per cent and so far, only a small percentage of the people infected with COVID-19 have been what are known as “breakthrough” cases, or confirmed infections in fully vaccinated individuals.

The overwhelming majority of cases are in those who are unvaccinated, and people who are not vaccinated make up the clear majority of hospitalizations and deaths from COVID-19 as well.

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Business

TC Energy cuts cost estimate for Southeast Gateway pipeline project in Mexico

Published

6 hours ago

November 7, 2024

Anne Joseph

CALGARY – TC Energy Corp. has lowered the estimated cost of its Southeast Gateway pipeline project in Mexico.

It says it now expects the project to cost between US$3.9 billion and US$4.1 billion compared with its original estimate of US$4.5 billion.

The change came as the company reported a third-quarter profit attributable to common shareholders of C$1.46 billion or $1.40 per share compared with a loss of C$197 million or 19 cents per share in the same quarter last year.

Revenue for the quarter ended Sept. 30 totalled C$4.08 billion, up from C$3.94 billion in the third quarter of 2023.

TC Energy says its comparable earnings for its latest quarter amounted to C$1.03 per share compared with C$1.00 per share a year earlier.

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

This report by The Canadian Press was first published Nov. 7, 2024.

Companies in this story: (TSX:TRP)

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BCE reports Q3 loss on asset impairment charge, cuts revenue guidance

Published

6 hours ago

November 7, 2024

Anne Joseph

BCE Inc. reported a loss in its latest quarter as it recorded $2.11 billion in asset impairment charges, mainly related to Bell Media’s TV and radio properties.

The company says its net loss attributable to common shareholders amounted to $1.24 billion or $1.36 per share for the quarter ended Sept. 30 compared with a profit of $640 million or 70 cents per share a year earlier.

On an adjusted basis, BCE says it earned 75 cents per share in its latest quarter compared with an adjusted profit of 81 cents per share in the same quarter last year.

“Bell’s results for the third quarter demonstrate that we are disciplined in our pursuit of profitable growth in an intensely competitive environment,” BCE chief executive Mirko Bibic said in a statement.

“Our focus this quarter, and throughout 2024, has been to attract higher-margin subscribers and reduce costs to help offset short-term revenue impacts from sustained competitive pricing pressures, slow economic growth and a media advertising market that is in transition.”

Operating revenue for the quarter totalled $5.97 billion, down from $6.08 billion in its third quarter of 2023.

BCE also said it now expects its revenue for 2024 to fall about 1.5 per cent compared with earlier guidance for an increase of zero to four per cent.

The company says the change comes as it faces lower-than-anticipated wireless product revenue and sustained pressure on wireless prices.

BCE added 33,111 net postpaid mobile phone subscribers, down 76.8 per cent from the same period last year, which was the company’s second-best performance on the metric since 2010.

It says the drop was driven by higher customer churn — a measure of subscribers who cancelled their service — amid greater competitive activity and promotional offer intensity. BCE’s monthly churn rate for the category was 1.28 per cent, up from 1.1 per cent during its previous third quarter.

The company also saw 11.6 per cent fewer gross subscriber activations “due to more targeted promotional offers and mobile device discounting compared to last year.”

Bell’s wireless mobile phone average revenue per user was $58.26, down 3.4 per cent from $60.28 in the third quarter of the prior year.

This report by The Canadian Press was first published Nov. 7, 2024.

Companies in this story: (TSX:BCE)

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Canada Goose reports Q2 revenue down from year ago, trims full-year guidance

Published

6 hours ago

November 7, 2024

Anne Joseph

TORONTO – Canada Goose Holdings Inc. trimmed its financial guidance as it reported its second-quarter revenue fell compared with a year ago.

The luxury clothing company says revenue for the quarter ended Sept. 29 totalled $267.8 million, down from $281.1 million in the same quarter last year.

Net income attributable to shareholders amounted to $5.4 million or six cents per diluted share, up from $3.9 million or four cents per diluted share a year earlier.

On an adjusted basis, Canada Goose says it earned five cents per diluted share in its latest quarter compared with an adjusted profit of 16 cents per diluted share a year earlier.

In its outlook, Canada Goose says it now expects total revenue for its full financial year to show a low-single-digit percentage decrease to low-single-digit percentage increase compared with earlier guidance for a low-single-digit increase.

It also says it now expects its adjusted net income per diluted share to show a mid-single-digit percentage increase compared with earlier guidance for a percentage increase in the mid-teens.

This report by The Canadian Press was first published Nov. 7, 2024.

Companies in this story: (TSX:GOOS)

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