Canada reports 415 new coronavirus cases, 11 new deaths as global infections rise - Globalnews.ca | Canada News Media
Connect with us

Business

Canada reports 415 new coronavirus cases, 11 new deaths as global infections rise – Globalnews.ca

Published

 on


The number of novel coronavirus cases in Canada hovered just below 114,600 on Monday, as the country recorded 415 new cases.

According to provincial and territorial health authorities, 11 more people have also died as a result of the COVID-19 outbreak.

In Ontario, health authorities reported 119 new cases of the virus on Monday, and said one more person had died.

Read more:
3 of 4 Americans want masks to be mandatory amid coronavirus pandemic: poll

So far, 2,069,621 tests have been conducted in Ontario and 34,461 people have recovered from the virus.

Meanwhile in Quebec — the province hit hardest by the pandemic — 145 new cases of COVID-19 were reported on Monday.

Story continues below advertisement

But health officials said no new deaths related to the virus were recorded.

And provincial health authorities said 50,886 people have recovered from coronavirus infections in Quebec.  






0:38
Coronavirus: B.C. introduces new group size limits in short-term vacation rentals


Coronavirus: B.C. introduces new group size limits in short-term vacation rentals

Manitoba saw six new cases of COVID-19 on Monday, bringing the total number of in the province to 400, including 14 that are considered probable.

Health authorities said no new deaths related to the virus were reported, and a total of 319 people have recovered.

So far, 84,967 have been tested for the novel coronavirus.

Saskatchewan health authorities said 31 new cases of the virus were identified on Monday, bringing the total number of infections in the province to 1,209.

Story continues below advertisement

However, health officials said no new deaths associated with the virus were reported.

Since the pandemic began more than 92,700 tests have been conducted in Saskatchewan.

Read more:
3 of 4 Americans want masks to be mandatory amid coronavirus pandemic: poll

In Alberta, health officials reported 91 new cases of the virus for a total of 10,390.

[ Sign up for our Health IQ newsletter for the latest coronavirus updates ]

So far, 8,774 people have recovered from infections.

But health authorities reported eight new deaths, saying seven had occurred in the last four days.

The other death, health officials said, occurred in May.

A total of 651,335 COVID-19 tests have been administered in the province.

In British Columbia, health authorities said 23 new COVID-19 infections had been confirmed on Monday, bringing the total number of cases to 3,500.

Health officials said two more people also died of the virus in B.C. since Friday.






2:21
Coronavirus: Ontario Liberals unveil back-to-school plan


Coronavirus: Ontario Liberals unveil back-to-school plan

Twenty-nine of the total cases are considered “epidemiologically linked,” meaning they have not been confirmed by laboratory tests.

Story continues below advertisement

A total of 3,043 people have recovered from COVID-19 in the province.

Nova Scotia did not report any new cases of the virus on Monday, and health officials said no new deaths had occurred.

The province has seen a total of 1,067 cases and 63 deaths.

So far health officials have conducted 63,399 tests for the virus, and 1,004 people have recovered from COVID-19 infections.

Read more:
Global coronavirus cases are on the rise. But not everywhere.

New Brunswick did not report any new cases of the novel coronavirus, or deaths associated with the virus on Monday, either.

Health authorities said 165 people have recovered from the COVID-19 illness and a total of  51,244 tests for the virus have been conducted in the province.

In Newfoundland, no new cases of the virus were reported on Monday. The province’s death toll also remained at three.

Health authorities said a total of 259 people have recovered from COVID-19 infections, and that a total of 23,839 have been tested for the virus.






2:51
Coronavirus: Brampton party host says he thought he could have up to 50 people at BBQ


Coronavirus: Brampton party host says he thought he could have up to 50 people at BBQ

The latest data from Prince Edward Island released on July 24 said the province has seen a total of 36 cases of COVID-19.

Story continues below advertisement

As of Friday, health officials said, a total of 34 people have recovered from infections and more than 18,300 people have been tested for the virus.

Read more:
Coronavirus took their lives. Here’s how their families will remember them

In the Yukon, health officials said no new COVID-19 infections had been detected, meaning the territory’s total case count remained at 14 on Monday.

So far, 11 people have recovered after falling ill with the virus.

A total of 1,523 people have been tested for COVID-19 in the Yukon.

Health authorities in the Northwest Territories said no new cases of the virus had been reported on Monday.






1:42
Young Quebecers and partying to blame for Quebec’s rising COVID-19 rates Quebec


Young Quebecers and partying to blame for Quebec’s rising COVID-19 rates Quebec

So far, the territory has seen five confirmed cases of the virus. All five cases are considered recovered.

Story continues below advertisement

The territory has administered 3,130 tests for the novel coronavirus.

Nunavut still had not confirmed a single case of the novel coronavirus on Monday.

16.3 million cases worldwide

According to a tally from Johns Hopkins University, a total of 16,360,298 have been infected with the novel coronavirus worldwide.

Since it was first detected in Wuhan, China in December, the virus has claimed 650,918 lives.

The United States remained the epicentre of the virus on Monday, with 4,276,856 confirmed cases.

So far, COVID-19 has killed 147,303 people in the U.S.

© 2020 Global News, a division of Corus Entertainment Inc.

Let’s block ads! (Why?)



Source link

Business

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

Published

 on

 

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.

Companies in this story: (TSX:T)

Source link

Continue Reading

Business

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

Published

 on

 

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)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Business

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

Published

 on

 

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)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Trending

Exit mobile version