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London-area COVID caseload creeps higher; U.S. travellers set to return – London Free Press (Blogs)

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The London area recorded an average of roughly nine new COVID-19 cases per day over the three-day period covering Saturday to Monday, just-released statistics show.

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Postmedia staff, Free Press staff

Publishing date:

Aug 09, 2021  •  5 hours ago  •  2 minute read  •  27 Comments

A Canada Border Services Agency Officer hands a traveller their documentation back as other travellers line up behind them to enter Canada after border restrictions were loosened to allow fully vaccinated U.S. residents, after the coronavirus disease (COVID-19) pandemic forced an unprecedented 16-month ban, at the Thousand Islands Bridge crossing in Lansdowne, Ontario, Canada, August 9, 2021.
A Canada Border Services Agency Officer hands a traveller their documentation back as other travellers line up behind them to enter Canada after border restrictions were loosened to allow fully vaccinated U.S. residents, after the coronavirus disease (COVID-19) pandemic forced an unprecedented 16-month ban, at the Thousand Islands Bridge crossing in Lansdowne, Ontario, Canada, August 9, 2021. Photo by ALEX FILIPE /REUTERS

The London area recorded an average of roughly nine new COVID-19 cases per day over the three-day period covering Saturday to Monday, just-released statistics show.

There were seven new cases on Monday, 11 on Sunday and eight on Saturday for a three-day total of 26. The Middlesex-London Health Unit no longer provides daily updates on weekends.

That latest case count brings the pandemic total to 12,862 in London and Middlesex County. There are currently 62 active cases with the daily caseload seeing an uptick over the past week.

There have been 231 deaths in the London-area linked to COVID-19, the most recent in late July. Roughly 80 per cent of local residents aged 12 and older have received at least one vaccination shot, and roughly 67 per cent have received both recommended shots.

Monday marked the day Canada reopened its land border with the U.S. for the first time since March 2020. Ontario officials reported 325 new COVID-19 cases provincewide. Toronto, with 90 new cases, Peel, with 47, and Hamilton and York, with 29 each, were the province’s worst-hit regions.

The new figures raise Ontario’s total number of COVID cases since the pandemic’s start to 552,804 and its death toll to 9,407. There are 11,782 active cases in the province.

Additionally, 29,949 vaccine doses were administered in the province in the 24-hour period ending Sunday evening, for a provincewide total of 19,902,159. A total of 9,343,260 Ontarians have been fully vaccinated.

Meanwhile, Canada eased restrictions for American travellers Monday, allowing non-essential U.S. travellers who’ve had a full course of a Health Canada-approved COVID-19 vaccine into the country, provided it’s been 14 days since their last dose and they have proof of a negative COVID-19 molecular test within the last 72 hours.

The reopening is a welcome change in Ontario border communities, though the mayor of Niagara Falls says he doesn’t expect a “mad rush” of American tourists right away.

Mayor Jim Diodati said he believes the people who would want to cross the border right away are those hoping to reunite with relatives and friends they haven’t seen in almost two years, as well as those who want to check on properties they have in Canada.

“I think that’s going to be top of mind when the border opens . . . but I don’t expect it’s going to be fast and furious,” he said in an interview.

“I think it’s going to be gradual, like a dimmer switch, because for day trippers, it’s an awful lot of work and hoops to jump through in order to be able to cross that border. So I’m not anticipating an influx of American tourists right off the hop.

— With files from The Canadian Press

CORONAVIRUS CASES: THE NUMBERS

(*Figures for Southwestern Ontario as of Monday, Aug. 9, 2021, at 2:30 p.m.)

  • Ontario — 552,804 cases
  • London-Middlesex — 12,862 cases, 231 deaths
  • Elgin-Oxford — 3,991 cases, 84 deaths
  • Brant — 3,462 cases, 20 deaths
  • Chatham-Kent — 1,923 cases, 17 deaths
  • Sarnia-Lambton — 3,642 cases, 68 deaths
  • Huron Perth — 1,949 cases, 57 deaths
  • Grey-Bruce — 2,156 cases, 9 deaths
  • Windsor-Essex — 17,035 cases, 436 deaths

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

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1 day ago

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November 7, 2024

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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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1 day ago

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November 7, 2024

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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)

The Canadian Press. All rights reserved.

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Canada Goose reports Q2 revenue down from year ago, trims full-year guidance

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November 7, 2024

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TORONTO – Canada Goose Holdings Inc. trimmed its financial guidance as it reported its second-quarter revenue fell compared with a year ago.

The luxury clothing company says revenue for the quarter ended Sept. 29 totalled $267.8 million, down from $281.1 million in the same quarter last year.

Net income attributable to shareholders amounted to $5.4 million or six cents per diluted share, up from $3.9 million or four cents per diluted share a year earlier.

On an adjusted basis, Canada Goose says it earned five cents per diluted share in its latest quarter compared with an adjusted profit of 16 cents per diluted share a year earlier.

In its outlook, Canada Goose says it now expects total revenue for its full financial year to show a low-single-digit percentage decrease to low-single-digit percentage increase compared with earlier guidance for a low-single-digit increase.

It also says it now expects its adjusted net income per diluted share to show a mid-single-digit percentage increase compared with earlier guidance for a percentage increase in the mid-teens.

This report by The Canadian Press was first published Nov. 7, 2024.

Companies in this story: (TSX:GOOS)

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