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Calls grow to release more federal inmates because of COVID-19 threat – CP24 Toronto's Breaking News

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Aleksandra Sagan, The Canadian Press


Published Saturday, April 18, 2020 2:46PM EDT


Last Updated Saturday, April 18, 2020 7:26PM EDT

More groups urged prisons to step up COVID-19 testing and sanitary measures to help prevent mass outbreaks among incarcerated populations, as well as to release some offenders immediately as case loads grew at several institutions.

Once COVID-19 enters a prison, “it spreads rapidly and then it can have really dire consequences,” said Emilie Coyle, executive director of the Canadian Association of Elizabeth Fry Societies.

Since April 7, the number of confirmed cases at Joliette Institution for Women in Joliette, Que., grew from 10 to 50, the association said in a statement released Saturday.

That means about 60 per cent of prisoners at the facility, about 75 kilometres north east of Montreal, are infected, the group said, as only 80 people are incarcerated there currently. The group, which advocates for federally incarcerated women, notes the number of cases could be higher due to test result delays.

Prisons are a place that can’t contain the pandemic, said Coyle, as prisoners can’t physically distance themselves from others, they receive poor health care and the facilities are not clean.

Other women’s prisons are seeing cases too.

The Grand Valley Institution for Women in Kitchener, Ont., has nine confirmed cases now, the group said, while the Fraser Valley Institution for Women in Abbostford, B.C., reported its first confirmed case Friday. Coyle said the Fraser Valley case is a staff member, not an inmate.

The outbreak isn’t limited to women’s facilities.

As of Friday, 170 inmates tested positive for COVID-19 at federal correctional institutions, according to Correctional Service Canada, out of 510 people tested. One person died and 14 have recovered.

The largest outbreak appears to be at B.C.’s Mission Medium Institution where the CSC website notes 60 positive tests. On Saturday, the province’s health officer Dr. Bonnie Henry said up to 70 people, including 60 inmates, were impacted.

There are 66 correctional officers with COVID-19, according to a statement from the Union of Canadian Correctional Officers issued Saturday.

That includes 15 at Port-Cartier Institution, 34 at Joliette, four at Federal Training Center and two at Drummond Institution all in Quebec, as well as two at Ontario’s Grand Valley Institution and nine at Mission Institution in B.C.

CAEFS is concerned Joliette is an example of what will happen at other institutions without immediate action.

Before the pandemic, the CAEFS offices received roughly 10 phone calls a week from inmates seeking support, said Coyle. Now, they receive dozens daily.

At Joliette, what were once called segregation units are being used to isolate ill prisoners, the group said it has been told – a measure the group calls cruel, punishing, lacking humanity and ineffective at containing the spread.

Prisoners have also told the association that in most cases only symptomatic people are tested.

It also hears concerns from the inmates’ families.

“Their children are worried about them. They’re worried about their children that they can’t see. Their families are worried … and feel like they can’t do anything about this,” said Coyle.

The group called for immediate action, including the safe release of as many people as possible. That group ought to include people more vulnerable to COVID-19, including those over 50 years old, pregnant, with compromised immune systems or other factors, she said.

The group’s call was echoed by the Congress of Aboriginal Peoples, saying in a statement Friday that it has been appealing for action for over a month.

It has heard inmates describe prison conditions that include failing to follow social distancing protocols and lacking sanitary products, among other troubles.

The congress reiterated its “call for immediate steps to address overcrowding and unsanitary conditions in federal prisons, and to immediately release low-risk and non-violent offenders, those close to the end of sentences and those with serious chronic health conditions.”

Also Friday, a coalition of rights groups in B.C. called for immediate release of as many inmates as possible following the death of a Mission Institution prisoner this week.

Coyle remains hopeful about a possible release of prisoners.

“We can’t give up hope that there will be a response to our call,” she said.

“I’m hopeful that people will see the people who are in prison as human beings.”

This report by The Canadian Press was first published April 18, 2020.

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Japan’s SoftBank returns to profit after gains at Vision Fund and other investments

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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.

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Trump campaign promises unlikely to harm entrepreneurship: Shopify CFO

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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.

Companies in this story: (TSX:SHOP)

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RioCan cuts nearly 10 per cent staff in efficiency push as condo market slows

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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.

Companies in this story: (TSX:REI.UN)

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