TORONTO —
Ontario is marking a grim milestone Sunday as health officials report that the province has logged more than 300,000 cases of COVID-19 since the pandemic began in January.
The news comes as 1,062 new infections were recorded in the previous day as well as 20 deaths related to the disease.
Sunday’s report brings Ontario’s lab-confirmed COVID-19 case total to 300,816, including 283,344 recoveries and 6,980 deaths.
With 49,185 tests processed in the last 24-hour period, the province says its COVID-19 positivity rate stands at 2.4 per cent.
The seven-day average for number of cases reported in Ontario is 1,104. This time last week, that number was 1,031.
Where are the new COVID-19 cases?
Most of the cases reported in Ontario on Sunday were found in three regions.
According to the province, Toronto logged 259 new infections, Peel Region logged 201 and York Region logged 86.
Waterloo added 60 cases while Halton Region and Hamilton recorded 47 and 45 cases, respectively, the province said.
There are currently 627 patients in hospital with COVID-19. At least 289 of those patients are being treated in an ICU and 185 are on a ventilator.
COVID-19 variant case count climbs
The number of COVID-19 cases in Ontario that have been confirmed as a variant of concern has grown to 558.
The province confirmed 20 more cases of B.1.1.7 (U.K. variant), pushing the case total for that strain to 528.
Two more cases of B.1.351 (South African variant) were also confirmed which brings that strain’s case total to 27.
As well, one additional case of P.1 (Brazilian variant) was confirmed, bringing the total number of that variant to three.
Update on COVID-19 vaccinations
At least 262,103 Ontarians have now been fully vaccinated against COVID-19, the province said Sunday.
In total, 687,271 doses of a vaccine have been administered since inoculations began in December. Some 19,000 of those shots went into arms yesterday.
Backstory:
The numbers used in this story are found in the Ontario Ministry of Health’s COVID-19 Daily Epidemiologic Summary. The number of cases for any city or region may differ slightly from what is reported by the province, because local units report figures at different times.
TORONTO – Restaurant Brands International Inc. reported net income of US$357 million for its third quarter, down from US$364 million in the same quarter last year.
The company, which keeps its books in U.S. dollars, says its profit amounted to 79 cents US per diluted share for the quarter ended Sept. 30 compared with 79 cents US per diluted share a year earlier.
Revenue for the parent company of Tim Hortons, Burger King, Popeyes and Firehouse Subs, totalled US$2.29 billion, up from US$1.84 billion in the same quarter last year.
Consolidated comparable sales were up 0.3 per cent.
On an adjusted basis, Restaurant Brands says it earned 93 cents US per diluted share in its latest quarter, up from an adjusted profit of 90 cents US per diluted share a year earlier.
The average analyst estimate had been for a profit of 95 cents US per share, according to LSEG Data & Analytics.
This report by The Canadian Press was first published Nov. 5, 2024.
ST. JOHN’S, N.L. – Fortis Inc. reported a third-quarter profit of $420 million, up from $394 million in the same quarter last year.
The electric and gas utility says the profit amounted to 85 cents per share for the quarter ended Sept. 30, up from 81 cents per share a year earlier.
Fortis says the increase was driven by rate base growth across its utilities, and strong earnings in Arizona largely reflecting new customer rates at Tucson Electric Power.
Revenue in the quarter totalled $2.77 billion, up from $2.72 billion in the same quarter last year.
On an adjusted basis, Fortis says it earned 85 cents per share in its latest quarter, up from an adjusted profit of 84 cents per share in the third quarter of 2023.
The average analyst estimate had been for a profit of 82 cents per share, according to LSEG Data & Analytics.
This report by The Canadian Press was first published Nov. 5, 2024.
TORONTO – Thomson Reuters reported its third-quarter profit fell compared with a year ago as its revenue rose eight per cent.
The company, which keeps its books in U.S. dollars, says it earned US$301 million or 67 cents US per diluted share for the quarter ended Sept. 30. The result compared with a profit of US$367 million or 80 cents US per diluted share in the same quarter a year earlier.
Revenue for the quarter totalled US$1.72 billion, up from US$1.59 billion a year earlier.
In its outlook, Thomson Reuters says it now expects organic revenue growth of 7.0 per cent for its full year, up from earlier expectations for growth of 6.5 per cent.
On an adjusted basis, Thomson Reuters says it earned 80 cents US per share in its latest quarter, down from an adjusted profit of 82 cents US per share in the same quarter last year.
The average analyst estimate had been for a profit of 76 cents US per share, according to LSEG Data & Analytics.
This report by The Canadian Press was first published Nov. 5, 2024.
