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Canada falls to 20th in the world for vaccine doses administered – CBC.ca

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Canada has fallen behind other developed nations in the number of shots administered per capita as supply disruptions derail planned vaccinations.

According to data collated by the University of Oxford-based Our World in Data, Canada now ranks 20th globally, well behind allies like the United States and the United Kingdom but also middle-income countries like Poland and Serbia.

Canada’s vaccination effort has also been outpaced so far by those in Bahrain, Denmark, Germany, Israel, Italy, Malta, Portugal, Romania, Slovenia, Spain and the United Arab Emirates, among others.

While a laggard compared to many other wealthy nations, Canada has administered more shots per capita than G7 partners like France and Japan.

Japan, with a population of 126 million people and just 5,400 COVID-19-related deaths, hasn’t yet started its vaccination campaign. Unlike Canada, Japan is planning to produce 90 million shots of the AstraZeneca vaccine domestically.

Some observers have blamed France’s “technocratic” system with its maze of red tape — a patient needs to consult with a doctor before they get a shot — for the slow rollout there.

While the U.S. is grappling with distribution issues of its own — the press there has said President Joe Biden is “inheriting a complete disaster,” and an “absolute mess” from the last administration — the Americans have so far vaccinated 24.5 million people with at least one dose.

Even when accounting for population size, the U.S. has vaccinated 3 times more people per capita than Canada. The CBC’s vaccine tracker estimates just over 900,000 doses have been administered in Canada to this point.

The U.S., with a population roughly nine times bigger than Canada, has fully vaccinated 3.8 million Americans with the two-dose regime of either the Pfizer or Moderna products, compared to about 150,000 people in Canada.

The U.K., a world leader so far, has administered at least one dose to 11.3 per cent of its people, nearly five times more per capita than Canada.

That country’s vaccination efforts have been helped by an early approval of the product from Swedish-British pharmaceutical giant AstraZeneca. Health Canada regulators are still reviewing the company’s promising vaccine for safety and efficacy.

Canada was among one of the first countries in the world to authorize the Pfizer and Moderna vaccines for use but other nations have since caught up, as Canada contends with shortages because of a plant shutdown in Belgium.

Pfizer plant back online, Canada’s shipments still delayed

Pfizer is making upgrades to its Belgian plant so it can manufacture up to two billion doses this year to meet the insatiable demand.

In order to complete those upgrades, some production lines were idled and Pfizer didn’t have enough vials to go around in the short term to meet its previously promised delivery schedule.

WATCH | COVID-19 vaccine shortage forces provinces to rethink rollout:

Canadian provinces are being forced to rethink their vaccination rollouts due to the shortage of doses from Pfizer, with some jurisdictions now considering stretching out the time between shots, despite questions over whether that would reduce vaccine effectiveness. But the federal government maintains it will vaccinate all willing Canadians by September. 2:02

A Belgian newspaper reported Thursday those upgrades are now complete, but a spokesperson for Pfizer confirmed Canada’s deliveries won’t return to a more normal level until next month.

“We expect the supply constraints of the Pfizer-BioNTech COVID-19 vaccine to last in Canada until mid-February when we will be able to increase allocations to catch up,” the spokesperson said.

“While the precise percentage allocation may fluctuate, Pfizer Canada remains on track to meet our quarterly delivery objectives to Canada by the end of the first quarter of 2021.” 

Confusion over first quarter deliveries

While the delivery schedules may fluctuate, the government insists its medium-term targets are more certain.

However, a government planning document released to the provinces Wednesday caused confusion as the delivery charts indicate Canada would only receive 3.5 million Pfizer doses by the end of March, 500,000 less than anticipated.

The confusion stems from just how many doses are included in each vial shipped. Amid manufacturing delays, Pfizer is pushing the government to recognize that six doses can be extracted from each vial, but the current Health Canada standard is only five.

Dr. Howard Njoo, Canada’s deputy chief public health officer, said Health Canada is still reviewing the request to formally change the label and is examining whether that sixth dose can be extracted consistently.

Maj.-Gen. Dany Fortin, the military commander leading vaccine logistics at the Public Health Agency of Canada, insisted Thursday that, regardless of how many are in each vial, Pfizer is still contractually obligated to send 4 million doses to Canada in the first quarter of this year.

A health-care worker prepares a dose of the Pfizer-BioNTech COVID-19 vaccine at a COVID-19 vaccine clinic in Toronto on Jan. 7, 2021. (Nathan Denette/The Canadian Press)

He said the 3.5 million figure floated to the provinces was just for “planning purposes” in the interim, and the country will still hold Pfizer to its previous commitments.

Fortin said the pharmaceutical giant has assured Canada that it will reach 4 million doses delivered, no matter which vial standard is recognized. If Health Canada accepts that six doses can be extracted from each vial, Pfizer will send more product to cover any gaps, Fortin said.

WATCH / Saskatchewan Premier on vaccine rollout:

Saskatchewan Premier Scott Moe says the confusion over the number of vaccine doses expected to arrive before the end of March is down to an inconsistent flow of information coming from the federal government. 2:26

Fortin said that Canada is expecting 79,000 Pfizer doses next week, 70,000 doses for the week of Feb. 8, 335,000 the week of Feb. 15 and 395,000 doses the week of Feb. 22. Moderna will deliver 230,400 doses next week with 249,600 doses to follow three weeks later.

Thus, Canada is expected to receive 1,359,000 doses in the month of February, enough to vaccinate 679,500 people.

The opposition Conservatives have been pressing the government on why Canada has been bested by small countries like the Seychelles on vaccinations so far. “That is not normal for a country that claims to have the best vaccine portfolio in the world,” Conservative MP Pierre Paul-Hus said in the Commons.

The government has said it still expects hundreds of thousands of doses to flow in the months ahead. “This is a completely temporary situation, as we are working hard to ensure that every Canadian who wants a vaccine gets one,” Public Services and Procurement Minister Anita Anand said.

The opposition Conservatives have been criticizing the Liberal government on the pace of Canada’s vaccination program. (File photo from Joe Raedle/Getty Images)

Under questioning from the opposition, Deputy Prime Minister Chrystia Freeland said “there is no more urgent issue for this government than getting Canadians vaccinated.”

She reminded MPs that Canada has vaccinated more people than our Five Eyes partners of Australia and New Zealand. Those two countries haven’t yet begun their vaccination programs but COVID-19 is almost non-existent there.

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Telus prioritizing ‘most important customers,’ avoiding ‘unprofitable’ offers: CFO

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Telus Corp. says it is avoiding offering “unprofitable” discounts as fierce competition in the Canadian telecommunications sector shows no sign of slowing down.

The company said Friday it had fewer net new customers during its third quarter compared with the same time last year, as it copes with increasingly “aggressive marketing and promotional pricing” that is prompting more customers to switch providers.

Telus said it added 347,000 net new customers, down around 14.5 per cent compared with last year. The figure includes 130,000 mobile phone subscribers and 34,000 internet customers, down 30,000 and 3,000, respectively, year-over-year.

The company reported its mobile phone churn rate — a metric measuring subscribers who cancelled their services — was 1.09 per cent in the third quarter, up from 1.03 per cent in the third quarter of 2023. That included a postpaid mobile phone churn rate of 0.90 per cent in its latest quarter.

Telus said its focus is on customer retention through its “industry-leading service and network quality, along with successful promotions and bundled offerings.”

“The customers we have are the most important customers we can get,” said chief financial officer Doug French in an interview.

“We’ve, again, just continued to focus on what matters most to our customers, from a product and customer service perspective, while not loading unprofitable customers.”

Meanwhile, Telus reported its net income attributable to common shares more than doubled during its third quarter.

The telecommunications company said it earned $280 million, up 105.9 per cent from the same three-month period in 2023. Earnings per diluted share for the quarter ended Sept. 30 was 19 cents compared with nine cents a year earlier.

It reported adjusted net income was $413 million, up 10.7 per cent year-over-year from $373 million in the same quarter last year. Operating revenue and other income for the quarter was $5.1 billion, up 1.8 per cent from the previous year.

Mobile phone average revenue per user was $58.85 in the third quarter, a decrease of $2.09 or 3.4 per cent from a year ago. Telus said the drop was attributable to customers signing up for base rate plans with lower prices, along with a decline in overage and roaming revenues.

It said customers are increasingly adopting unlimited data and Canada-U.S. plans which provide higher and more stable ARPU on a monthly basis.

“In a tough operating environment and relative to peers, we view Q3 results that were in line to slightly better than forecast as the best of the bunch,” said RBC analyst Drew McReynolds in a note.

Scotiabank analyst Maher Yaghi added that “the telecom industry in Canada remains very challenging for all players, however, Telus has been able to face these pressures” and still deliver growth.

The Big 3 telecom providers — which also include Rogers Communications Inc. and BCE Inc. — have frequently stressed that the market has grown more competitive in recent years, especially after the closing of Quebecor Inc.’s purchase of Freedom Mobile in April 2023.

Hailed as a fourth national carrier, Quebecor has invested in enhancements to Freedom’s network while offering more affordable plans as part of a set of commitments it was mandated by Ottawa to agree to.

The cost of telephone services in September was down eight per cent compared with a year earlier, according to Statistics Canada’s most recent inflation report last month.

“I think competition has been and continues to be, I’d say, quite intense in Canada, and we’ve obviously had to just manage our business the way we see fit,” said French.

Asked how long that environment could last, he said that’s out of Telus’ hands.

“What I can control, though, is how we go to market and how we lead with our products,” he said.

“I think the conditions within the market will have to adjust accordingly over time. We’ve continued to focus on digitization, continued to bring our cost structure down to compete, irrespective of the price and the current market conditions.”

Still, Canada’s telecom regulator continues to warn providers about customers facing more charges on their cellphone and internet bills.

On Tuesday, CRTC vice-president of consumer, analytics and strategy Scott Hutton called on providers to ensure they clearly inform their customers of charges such as early cancellation fees.

That followed statements from the regulator in recent weeks cautioning against rising international roaming fees and “surprise” price increases being found on their bills.

Hutton said the CRTC plans to launch public consultations in the coming weeks that will focus “on ensuring that information is clear and consistent, making it easier to compare offers and switch services or providers.”

“The CRTC is concerned with recent trends, which suggest that Canadians may not be benefiting from the full protections of our codes,” he said.

“We will continue to monitor developments and will take further action if our codes are not being followed.”

French said any initiative to boost transparency is a step in the right direction.

“I can’t say we are perfect across the board, but what I can say is we are absolutely taking it under consideration and trying to be the best at communicating with our customers,” he said.

“I think everyone looking in the mirror would say there’s room for improvement.”

This report by The Canadian Press was first published Nov. 8, 2024.

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

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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

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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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