Ottawa’s transit commission will consider a report detailing OC Transpo’s plan to deal with increased ridership as the economy slowly reopens but while COVID-19 remains a threat.
Meanwhile, the LRT is in the midst of a four-day shutdown for testing and maintenance that will wrap up Wednesday.
Dentists, physiotherapists, massage therapists and other private health-care services outside the greater Montreal area and Joliette region of Quebec can reopen today.
Backcountry camping at Ontario parks and recreational camping on Crown lands can resume today.
All lockstations along the Rideau Canal except for Jones Falls and Kingston Mills will reopen today. Visitors can access lockstation grounds, boat launches and mooring areas, and make use of day-use areas and trails. Public washrooms will be accessible.
A customer tries to keep a grasp on their purchases as they wait to pick up an order at a vendor at the Ottawa Farmers’ Market at Lansdowne Park, which opened only for online order pickups due to the COVID-19 pandemic, in Ottawa, on Sunday, May 31, 2020. (Justin Tang/Canadian Press)
How many cases are there?
There have been 1,951 confirmed cases of COVID-19 in Ottawa and 244 deaths linked to the respiratory illness. There are more than 3,100 known cases across eastern Ontario and western Quebec.
Nearly 2,400 people in the region have recovered from COVID-19.
The deaths of 50 people in Leeds, Grenville and Lanark counties and 35 more in the wider region have also been tied to the coronavirus.
Confirmed cases are just a snapshot because, until recently, not everyone could be tested in Ontario. Also, not everyone with COVID-19 will go to get tested (potentially because they are asymptomatic) and results take time to process.
What’s open and closed?
Ontario is in “stage one” of its three-stage reopening plan. When ready,its next stage should bring more offices, outdoor spaces and gatherings back.
On May 31, the farmers market at Lansdowne Park reopened for pre-ordering and pickup-by-appointment. Drive-in movie theatres and batting cages are allowed to reopen in Ontario as May 31, as well.
So cannational parks and historic sites across Canada, which includes Rideau Canal lockstations. Backcountry camping at Ontario Parks sites and recreational camping on Crown lands in Ontario are also allowed.
Circles are painted on the grass in one section of Mooney’s Bay Park in Ottawa, to encourage people to maintain physical distancing, on Sunday, May 31, 2020. (Justin Tang/Canadian Press)
A person holds a sign at before the start of a vigil for Regis Korchinski-Paquet of Toronto, who died on Wednesday after falling from her apartment balcony while police were in the home, at Dundonald Park in Ottawa, on Sunday, May 31, 2020. (Justin Tang/Canadian Press)
Distancing and isolating
The coronavirus primarily spreads through droplets when an infected person coughs or sneezes. People don’t need to have symptoms to be contagious.
That means physical distancing measures such as working from home and staying at least two metres away from anyone they don’t live with.
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Anyone who has symptoms or travelled recently outside Canada must self-isolate for at least 14 days.
Specifically in Ottawa, anyone waiting for a COVID-19 test result must self-isolate at least until they know the result.
The same goes for anyone in Ontario who’s been in contact with someone who’s tested positive or is presumed to have COVID-19.
People 70 and older or with compromised immune systems or underlying health conditions should also self-isolate.
What are the symptoms of COVID-19?
COVID-19 can range from a cold-like illness to a severe lung infection, with common symptoms including fever, a dry cough, vomiting and the loss of taste or smell.
Less common symptoms include chills, headaches and pink eye. The Ontario government says in rare cases, children can develop a rash.
If you have severe symptoms, call 911.
A customer is alone as they walk their bike to pick up an order at the Ottawa Farmers’ Market at Lansdowne Park, which opened for online order pickups only due to the COVID-19 pandemic, in Ottawa, on Sunday, May 31, 2020. (Justin Tang/Canadian Press)
Tests are done at the Brewer Arena from 9 a.m. until 3:30 p.m., seven days a week, or at 595 Moodie Dr. and 1485 Heron Rd. those same hours on weekdays.
There is a drive-thru test centre in Casselman and assessment centres in Hawkesbury and Winchester that don’t require people to call ahead and others in Rockland, and Cornwall that require an appointment.
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Napanee‘s test centre is open 9 a.m. to 3 p.m. daily for people who call for an appointment.
TheLeeds, Grenville and Lanark unit asks you to get tested if you have a symptom or concerns about exposure.
It has a walk-in site in Brockville open seven days a week at the Memorial Centre and testing sites in Smiths Falls and Almonte which require an appointment.
The public health unit in the Belleville area is asking people to call it at 613-966-5500, their family doctor or Telehealth if they have symptoms or questions.
Renfrew County is also providing home testing under some circumstances. Residents without access to a family doctor can call 1-844-727-6404 if they have health questions, COVID-19-related or not.
If you’re concerned about the coronavirus, take the self-assessment.
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Local communities have declared states of emergency, put in a curfew or both.
Akwesasne has opened a mobile COVID-19 test site available by appointment only. Anyone returning to Akwesasne who’s been farther than 80 kilometres away is asked to self-isolate for 14 days.
Anyone in Tyendinaga who has symptoms can call 613-967-3603 to talk to a nurse.
Pikwakanagan‘s council planned to let businesses reopen as of May 29. Kitigan Zibi is keeping schools closed through the summer.
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.
