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Bombardier lays off another 1,600 people, scraps Learjet program – CBC.ca

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Bombardier Inc. says it will cut another 1,600 jobs and stop making Learjets, a business jet that has been around for almost 60 years.

The Quebec-based aerospace company announced the moves in posting its quarterly financial results, which showed the company lost $337 million US in the last three months of 2020.

The job cuts will bring the company’s total workforce down to about 13,000 people around the world.

“Workforce reductions are always very difficult, and we regret seeing talented and dedicated employees leave the company for any reason,” said Éric Martel, the company’s president and chief executive officer.

“But these reductions are absolutely necessary for us to rebuild our company while we continue to navigate through the pandemic.”

About 700 of the job cuts are planned in Quebec and 100 in Ontario. A further 250 jobs will be eliminated in Wichita, Kan., where the Learjet is built. The rest of the job losses will be scattered across the rest of the U.S and Canada.

“The only thing the pandemic did was accelerate a sad ending,” aerospace analyst Richard Aboulafia with the Teal Group said of the Learjet’s demise.

Unifor, which represents 2,500 workers at a Bombardier facility in Montreal, is calling on the federal government to do more to help the aerospace industry survive the pandemic.

But many of Bombardier’s problems predate COVID-19.

Slow decline

The company is currently a shadow of its former self, having gone from an integrated transportation conglomerate that made planes and trains of all shapes and sizes, into essentially a niche maker of business jets.

Its CSeries business, which was touted as the future of the company when it first took to the skies in 2013, was sold to Airbus in chunks in 2017 and then again last year for virtually nothing.

The company hired a new CEO in March 2020 and faced criticism at the time for the $17-million severance package of the one on the way out.

It recently sold its train-making business to European conglomerate Alstom for $3.6 billion, much less than initially thought.

Today, the company’s entire business largely consists of making two types of business jets, the Challenger series and the Global series. The company sold 44 of those jets during the quarter, down from 52 in the same period the year before.

For the year as a whole, the company sold 114 jets: 59 Globals, 44 Challengers, and 11 Learjets.

Learjets were first sold and flown in 1963, based on a design by inventor William Lear who was inspired by military jets The company was eventually acquired by Bombardier in 1990, and more than 3,000 Learjets have been sold over the plane’s history.

More cuts expected

Lecturer John Gradek at McGill University’s aviation management program said he suspects the Challenger jet could be next to get the axe as the company streamlines its business to be as efficient as possible, in an attempt to save up to $400 million a year.

“The only way they can do that significant cost cutting is to drop product.”

In its outlook, the company said it expects this year to be a “transition year” but it expects revenue from selling jets to improve as the global economy recovers from COVID-19.

A row of unfinished Bombardier Global Express aircraft is seen at a Bombardier plant in Montreal last summer. The Global Express jets are now one of the two types of business jets that the company makes. (Paul Chiasson/The Canadian Press)

Analysts underscored just how uphill the company’s climb is looking right now.

“While Bombardier outlined a series of restructuring efforts to improve earnings and cash generation, the company’s current financial position highlights the significant heavy lifting that still needs to be done within the organization even after all these asset sales,” TD Bank analysts Kevin Chiang and Krista Friesen said in a note to clients after the news came out.

Bombardier shares slipped about 5 per cent to 89 cents on the Toronto Stock Exchange on Thursday, which values the entire company at about $1.6 billion Cdn. That’s against a total debt load of more than $10 billion.

In 2018, those same shares were worth about $5. The company’s all-time value peaked in 2000 at roughly $25 a share.

Tough market

Gradek said the share sell off makes sense considering the company’s prospects.

“They’re becoming more of an elite business jet manufacturer and that’s not a very comfortable place to be in given that business travel is down and people are being more careful about where they are spending their money.”

The company’s cheapest, entry level jet now starts at $30 million, while other plane makers have come to market with much smaller business jets that come with a price tag between $1 million and $2 million.

“The market is saying: ‘I’m not sure that’s the way to go.'”

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P.E.I. announces five new COVID-19 cases Sunday, new lock down measures – CTV News Atlantic

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HALIFAX —
Prince Edward Island is reporting five new COVID-19 cases on the island Sunday, with the active total rising to 18.

In an unscheduled media conference on Sunday, P.E.I. Chief Health Officer Dr. Heather Morrison said she is concerned about the fact that there does not appear to be a clear source of the recent outbreak.

Sunday’s five new cases involve two males in their 20s, and three females – two in their 20s, and one in her 50s.  

Three are from the recent Charlottetown outbreak, one is linked to Summerside, and Public Health is still trying to determine the source for the last.  

“I remain concerned about the increasing number of cases in P.E.I., and the fact that we have not been able to identify a link to travel,” she said. “There may be more cases that will be identified in the coming days. “

This comes as P.E.I. announced new measures Saturday, which took effect Sunday.

According to Morrison, there are 190 close contacts of these cases, and more are expected to be announced.  

NEW LOCK DOWN MEASURES ANNOUNCED

Prince Edward Island is entering a 72-hour lockdown starting at midnight as the province struggles to contain the outbreak. These measures are a tighter version of the ‘circuit breaker’ regulations announced just Saturday.

Premier Dennis King says he’d rather go “harder and stronger” with public health restrictions now — giving health officials a chance to get caught up on contact tracing and testing — than wait for the outbreak to worsen.

“Yesterday we introduced some new circuit breaker measures,” King said. “I know it’s not what everyone wanted to hear, but it’s what is necessary to keep our province safe — and today, we have announced we’re going a little further.”

The three-day lockdown requires residents to stay home as much as possible and will close all kindergarten to Grade 12 schools, with post-secondary education moving online only.

Only essential services will be allowed to remain open, at half of their standard operating capacity.

The other new measures are as follows:

  • No personal gatherings will be allowed
  • Each household can associate with two consistent people, for what Morrison called essential support
  • People who live alone can associate with one other household
  • No organized gatherings will be allowed
  • Funerals can have no more than 10, plus officiants
  • All recreational facilities are closed – including gyms, fitness facilities, bingo halls, casinos, musuems, and libraries
  • No organized sports or recreational activities will be permitted
  • Only essential services and businesses are allowed to be open to the public, and at 50 per cent of their standard capacity
  • Examples of services allowed to stay open: medical and dental services, childcare, grocery stores, pharmacies, takeout and food delivery, utility services, manufacturing processing and transportation services, gas stations, banks and essential financial institutions, public safety services and liquor stores.
  • For essential retail services, they can operate at half of standard operating capacity as long as entrances and exits monitored

In Sunday’s media conference, Premier Dennis King urged cooperation from employees and employers to allow for time off to get tested for COVID-19.

“Your absence at work may cause a minor disruption – I get that, but we are living in a period of distruption,” said King. “Missing a day or two at work while you have symptoms while you get tested is a heck of a lot less of a disruption than a circuit breaker.”

NEW POTENTIAL EXPOSURE SITES

Morrison also announced new public exposure sites.  She said anyone who visited or worked at the following locations is asked to immediately self-isolate and seek a COVID-19 test. After a negative test, Morrison said there is no need to keep isolating, but it’s important to monitor symptoms and seek a second test if any appear.

  • Superstore in Montague, P.E.I.
  • Feb. 24 4:30 p.m. to 5:30 p.m.
  • Tailgate Bar and Grill in Montague
  • Feb. 25 9:30 p.m. to 11:30 p.m.
  • Domino’s Pizza in Summerside
  • Feb. 15 11:00 a.m. to 6 p.m.
  • Burger King in Summerside
  • Feb. 18 8:00 p.m. to 9:30 p.m.
  • Charlottetown city bus #1
  • Feb. 20 4:30 p.m. to 5:00 p.m.
  • Taste of India in Charlottetown
  • Feb. 22 10:30 a.m. to 9:00 p.m.
  • Feb. 25 11:00 a.m. to 10:00 p.m.
  • Feb. 26 11:00 a.m. to 7:00 p.m.
  • Superstore at 465 University Ave. in Charlottetown
  • Feb. 23 6:00 p.m. to 9:00 p.m.
  • Feb. 24 6:30 p.m. to 7:00 p.m.
  • Jungle Market in Charlottetown
  • Feb. 24 from 5:00 p.m. to 5:30 p.m.
  • Walmart in Charlottetown
  • Feb. 24 5:30 p.m. to 6:30 p.m.
  • Feb. 27 2:00 to 2:30 p.m.
  • Christmas Discounters in Summerside
  • Feb. 25 from 12:00 p.m. to 1:00 p.m.

These potential exposure sites are in addition to those announced Saturday, which are as follows:

  •   Pita Pit (425 Granville Street)
  • Friday, February 19  between 11:00 am to 9:00 pm
  • Sunday, February 21 between 11:00 am and 7:00 pm
  • Monday, February 22 between 12:00 pm and 9:00 pm
  • Tuesday, February 23 between 12:00 pm and 9:00 pm
  • Wednesday, February 24 between 2:00 pm and 4:00 pm
  • Friday, February 26 between 8:00 am and 2:00 pm
     
  • Callbecks Home Hardware (614 Water Street)
  • February 16, 18, 19, 20, 22, and 25 between 8:00 am and 5:00 pm
  • Burger King (511 Granville Street)
  • Sunday, February 14 between 11:00 am and 5:00 pm
  • Wednesday, February 17 between 8:00 am and 3:00 pm
  • Thursday, February 18 between 8:00 am and 2:00 pm
  • Saturday, February 20 between 8:00 am and 3:00 pm
  • Sunday, February 21 between 11:00 am and 5:00 pm
  • Monday, February 22 between 8:00 am and 2:00 pm
  • Wednesday, February 24 between 8:00 am and 2:00 pm
  • Thursday, February 25 between 8:00 am and 3:00 pm
  • Dominos Pizza (505 Granville Street)
  • Wednesday, February 17 between 4:00 pm and 7:00 pm
  • Monday, February 22 between 4:00 pm and 11:00 pm
  • Tuesday, February 23 between 4:00 pm and 1:00 am
  • Wednesday, February 24 between 4:00 pm and 1:00 am

Late Saturday night, P.E.I. health announced more potential exposure sites. The same recomenddations apply to those who visited or worked at the following: immediately self-isolate and seek a COVID-19 test.

  • Dollarama in Summerside (454 Granville Street)
  • Saturday, February 20 between 3:00 pm and 4:00 pm
  • Walmart/Burger King in Summerside (511 Granville Street)
  • Saturday, February 20 between 4:00 pm and 5:00 pm
  • Shoppers Drug Mart in Summerside (454 Granville Street)
  • Sunday, February 21 between 10:00 am and 11:00 am
  • Superstore in Montague
  • Wednesday, February 24 between 4:30 pm and 5:30 pm
  • Thursday, February 25 between 4:30 and 5:30 pm
  • Tailgate Bar and Grill in Montague
  • Thursday, February 25 between 9:30 pm to 11:30 pm

Morrison said she is expecting more positive cases to be announced in the coming days

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P.E.I. reports five new COVID-19 cases Sunday, active total rises to 18 – CTV News Atlantic

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HALIFAX —
Prince Edward Island is reporting five new COVID-19 cases on the island Sunday, with the active total rising to 18.

In an unscheduled media conference on Sunday, P.E.I. Chief Health Officer Dr. Heather Morrison said she is concerned about the fact that there does not appear to be a clear source of the recent outbreak.

Sunday’s five new cases involve two males in their 20s, and three females – two in their 20s, and one in her 50s.  

Three are from the recent Charlottetown outbreak, one is linked to Summerside, and Public Health is still trying to determine the source for the last.  

“I remain concerned about the increasing number of cases in P.E.I., and the fact that we have not been able to identify a link to travel,” she said. “There may be more cases that will be identified in the coming days. “

This comes as P.E.I. announced new measures Saturday, which took effect Sunday.

According to Morrison, there are 190 close contacts of these cases, and more are expected to be announced.  

NEW LOCK DOWN MEASURES ANNOUNCED

Prince Edward Island is entering a 72-hour lockdown starting at midnight as the province struggles to contain the outbreak. These measures are a tighter version of the ‘circuit breaker’ regulations announced just Saturday.

Premier Dennis King says he’d rather go “harder and stronger” with public health restrictions now — giving health officials a chance to get caught up on contact tracing and testing — than wait for the outbreak to worsen.

“Yesterday we introduced some new circuit breaker measures,” King said. “I know it’s not what everyone wanted to hear, but it’s what is necessary to keep our province safe — and today, we have announced we’re going a little further.”

The three-day lockdown requires residents to stay home as much as possible and will close all kindergarten to Grade 12 schools, with post-secondary education moving online only.

Only essential services will be allowed to remain open, at half of their standard operating capacity.

The other new measures are as follows:

  • No personal gatherings will be allowed
  • Each household can associate with two consistent people, for what Morrison called essential support
  • People who live alone can associate with one other household
  • No organized gatherings will be allowed
  • Funerals can have no more than 10, plus officiants
  • All recreational facilities are closed – including gyms, fitness facilities, bingo halls, casinos, musuems, and libraries
  • No organized sports or recreational activities will be permitted
  • Only essential services and businesses are allowed to be open to the public, and at 50 per cent of their standard capacity
  • Examples of services allowed to stay open: medical and dental services, childcare, grocery stores, pharmacies, takeout and food delivery, utility services, manufacturing processing and transportation services, gas stations, banks and essential financial institutions, public safety services and liquor stores.
  • For essential retail services, they can operate at half of standard operating capacity as long as entrances and exits monitored

In Sunday’s media conference, Premier Dennis King urged cooperation from employees and employers to allow for time off to get tested for COVID-19.

“Your absence at work may cause a minor disruption – I get that, but we are living in a period of distruption,” said King. “Missing a day or two at work while you have symptoms while you get tested is a heck of a lot less of a disruption than a circuit breaker.”

NEW POTENTIAL EXPOSURE SITES

Morrison also announced new public exposure sites.  She said anyone who visited or worked at the following locations is asked to immediately self-isolate and seek a COVID-19 test. After a negative test, Morrison said there is no need to keep isolating, but it’s important to monitor symptoms and seek a second test if any appear.

  • Superstore in Montague, P.E.I.
  • Feb. 24 4:30 p.m. to 5:30 p.m.
  • Tailgate Bar and Grill in Montague
  • Feb. 25 9:30 p.m. to 11:30 p.m.
  • Domino’s Pizza in Summerside
  • Feb. 15 11:00 a.m. to 6 p.m.
  • Burger King in Summerside
  • Feb. 18 8:00 p.m. to 9:30 p.m.
  • Charlottetown city bus #1
  • Feb. 20 4:30 p.m. to 5:00 p.m.
  • Taste of India in Charlottetown
  • Feb. 22 10:30 a.m. to 9:00 p.m.
  • Feb. 25 11:00 a.m. to 10:00 p.m.
  • Feb. 26 11:00 a.m. to 7:00 p.m.
  • Superstore at 465 University Ave. in Charlottetown
  • Feb. 23 6:00 p.m. to 9:00 p.m.
  • Feb. 24 6:30 p.m. to 7:00 p.m.
  • Jungle Market in Charlottetown
  • Feb. 24 from 5:00 p.m. to 5:30 p.m.
  • Walmart in Charlottetown
  • Feb. 24 5:30 p.m. to 6:30 p.m.
  • Feb. 27 2:00 to 2:30 p.m.
  • Christmas Discounters in Summerside
  • Feb. 25 from 12:00 p.m. to 1:00 p.m.

These potential exposure sites are in addition to those announced Saturday, which are as follows:

  •   Pita Pit (425 Granville Street)
  • Friday, February 19  between 11:00 am to 9:00 pm
  • Sunday, February 21 between 11:00 am and 7:00 pm
  • Monday, February 22 between 12:00 pm and 9:00 pm
  • Tuesday, February 23 between 12:00 pm and 9:00 pm
  • Wednesday, February 24 between 2:00 pm and 4:00 pm
  • Friday, February 26 between 8:00 am and 2:00 pm
     
  • Callbecks Home Hardware (614 Water Street)
  • February 16, 18, 19, 20, 22, and 25 between 8:00 am and 5:00 pm
  • Burger King (511 Granville Street)
  • Sunday, February 14 between 11:00 am and 5:00 pm
  • Wednesday, February 17 between 8:00 am and 3:00 pm
  • Thursday, February 18 between 8:00 am and 2:00 pm
  • Saturday, February 20 between 8:00 am and 3:00 pm
  • Sunday, February 21 between 11:00 am and 5:00 pm
  • Monday, February 22 between 8:00 am and 2:00 pm
  • Wednesday, February 24 between 8:00 am and 2:00 pm
  • Thursday, February 25 between 8:00 am and 3:00 pm
  • Dominos Pizza (505 Granville Street)
  • Wednesday, February 17 between 4:00 pm and 7:00 pm
  • Monday, February 22 between 4:00 pm and 11:00 pm
  • Tuesday, February 23 between 4:00 pm and 1:00 am
  • Wednesday, February 24 between 4:00 pm and 1:00 am

Late Saturday night, P.E.I. health announced more potential exposure sites. The same recomenddations apply to those who visited or worked at the following: immediately self-isolate and seek a COVID-19 test.

  • Dollarama in Summerside (454 Granville Street)
  • Saturday, February 20 between 3:00 pm and 4:00 pm
  • Walmart/Burger King in Summerside (511 Granville Street)
  • Saturday, February 20 between 4:00 pm and 5:00 pm
  • Shoppers Drug Mart in Summerside (454 Granville Street)
  • Sunday, February 21 between 10:00 am and 11:00 am
  • Superstore in Montague
  • Wednesday, February 24 between 4:30 pm and 5:30 pm
  • Thursday, February 25 between 4:30 and 5:30 pm
  • Tailgate Bar and Grill in Montague
  • Thursday, February 25 between 9:30 pm to 11:30 pm

Morrison said she is expecting more positive cases to be announced in the coming days

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Nova Scotia reports 3 new cases of COVID-19 Sunday – HalifaxToday.ca

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NEWS RELEASE
COVID-19/HEALTH/WELLNESS
*************************
Three new cases of COVID-19 are being reported in Nova Scotia today, Feb. 28.

One case is in Central Zone and is a close contact of a previous case.

One case is in Eastern Zone and is related to travel outside Atlantic Canada.

One case is in Northern Zone and is related to travel outside Atlantic Canada.

All three people are self-isolating, as required.

“I want to thank the Nova Scotians who have responded in great numbers to get tested, setting a one-day record at the lab,” said Premier Iain Rankin. “Let’s continue to make proactive testing a top priority. No matter whether you live in Halifax or elsewhere in the province, I encourage you, even if you don’t have symptoms, to book an appointment at one of the primary assessment centres or drop into a pop-up testing site.

As of today, Feb. 28, Nova Scotia has 38 active cases of COVID-19.

Nova Scotia Health Authority’s labs completed a record 4,839 Nova Scotia tests on Feb. 27, compared to the previous high of 4,125, completed on Nov. 30. Additional comparisons:
— Last Saturday, Feb. 20, the lab completed 1,698 tests.
— Including today’s report, the average for the last seven days is 2,808 tests per day.

In addition, the number of people getting a pop-up test on both Friday and Saturday was four times higher than the average daily total.

Since Oct. 1, Nova Scotia has completed 211,008 tests. There have been 552 positive COVID-19 cases and no deaths. Two people are currently in hospital, in ICU. Cases range in age from under 10 to over 70. There are 514 resolved cases. Cumulative cases may change as data is updated in Panorama.

“While the case numbers are low today, we must remain vigilant and keep following the restrictions to ensure our communities stay safe,” said Dr. Robert Strang, Nova Scotia’s chief medical officer of health. “Follow all the public health measures and make testing part of your regular COVID-19 prevention measures. And if you have flu or cold symptoms, it is especially important you get tested for COVID-19.”

Nova Scotians are strongly encouraged to seek asymptomatic COVID-19 testing, particularly if they have a large number of close contacts due to their work or social activities. Appointments can be booked at https://covid-self-assessment.novascotia.ca/ , by choosing the asymptomatic option. Rapid testing pop-up sites continue to be set up around the province as well. More information on testing can be found at https://www.nshealth.ca/coronavirustesting .

Visit https://covid-self-assessment.novascotia.ca/ to do a self-assessment if in the past 48 hours you have had or you are currently experiencing:

— fever (i.e. chills/sweats) or cough (new or worsening)

Or:

Two or more of the following symptoms (new or worsening):
— sore throat
— runny nose/nasal congestion
— headache
— shortness of breath/difficulty breathing

Call 811 if you cannot access the online self-assessment or wish to speak with a nurse about your symptoms.

When a new case of COVID-19 is confirmed, the person is directed to self-isolate at home, away from the public, for 14 days. Public health works to identify and test people who may have come in close contact with that person.

Anyone who has travelled from anywhere except Prince Edward Island must self-isolate for 14 days. As always, anyone who develops symptoms of acute respiratory illness should limit their contact with others until they feel better.

It remains important for Nova Scotians to strictly adhere to the public health order and directives — practise good hand washing and other hygiene steps, maintain a physical distance when and where required. Wearing a non-medical mask is mandatory in most indoor public places.

Nova Scotians can find accurate, up-to-date information, handwashing posters and fact sheets at https://novascotia.ca/coronavirus .

Businesses and other organizations can find information to help them safely reopen and operate at https://novascotia.ca/reopening-nova-scotia .

Quick Facts:
— additional information on COVID-19 case data, testing and vaccines is available at https://novascotia.ca/coronavirus/data/
— a state of emergency was declared under the Emergency Management Act on March 22, 2020 and extended to March 7, 2021
— online booking for COVID-19 testing appointments is available at https://covid-self-assessment.novascotia.ca/

Additional Resources:
Government of Canada: https://canada.ca/coronavirus

Government of Canada information line 1-833-784-4397 (toll-free)

The Mental Health Provincial Crisis Line is available 24/7 to anyone experiencing a mental health or addictions crisis, or someone concerned about them, by calling 1-888-429-8167 (toll-free)

If you need help with a non-crisis mental health or addiction concern call Community Mental Health and Addictions at 1-855-922-1122 (toll-free) weekdays 8:30 a.m. to 4:30 p.m.

Kids Help Phone is available 24/7 by calling 1-800-668-6868 (toll-free)

For help or information about domestic violence 24/7, call 1-855-225-0220 (toll-free)

For more information about COVID-19 testing and online booking, visit https://novascotia.ca/coronavirus/symptoms-and-testing/

*************************

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