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Ontario business groups call for vaccine certificate system to avoid lockdown – 680 News

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TORONTO – COVID-19 cases appear to be on the rise again in Ontario, and business groups are calling for a vaccine certificate system as a means to avoid another lockdown.

Ontario has reported rising positivity rates and more than 300 new COVID-19 cases for the past four days, with more than 400 on Sunday – levels not seen since mid-June.

Premier Doug Ford has rebuffed calls from medical, political and business groups to implement a vaccine certificate system for non-essential activities, saying he doesn’t want a “split society.”

But while saying he “can’t stand lockdowns,” he also has not ruled out having to enact another one.

Rocco Rossi, president and CEO of the Ontario Chamber of Commerce, says a vaccine certificate system would be a way to avoid another lockdown and accelerate an economic reopening.

Another province recognizing the utility of a vaccine passport to accelerate reopening safely and avoiding locking down,” Rossi wrote on social media about Nova Scotia Liberals’ planned proposal for a vaccine passport.

“Still, the best solution would be one national system to avoid a complex patchwork across the country.”

Ryan Mallough, with the Canadian Federation of Independent Business, says his group would support a vaccine certificate system if it’s the difference between that and going back into a lockdown. Still, the government would need to be very clear on what responsibilities are for employers and employees.

Either way, Ontario businesses need to see the plan of what happens in the face of rising cases and what the thresholds will be, Mallough said. Previously, rising cases have meant lockdowns, but he wonders what it means now that the province has relatively good vaccine coverage.

“Everyone is watching those numbers like a hawk,” he said. “We’ve been conditioned to do that over the last 17 months…but what does the numbers going up mean now?”

A spokeswoman for Health Minister Christine Elliott noted that Ontarians could download their vaccination receipt “should proof of vaccination be required in a certain setting.”

“To date, this approach has been widely successful, with Ontario ranking as one of the world’s leading jurisdictions for population percentage to have received their first dose of the vaccine,” Alexandra Hilkene wrote.

“Ontarians have the ability to download or print an electronic COVID-19 vaccine receipt through the provincial portal, or by calling the provincial booking line, should proof of vaccination be required in a certain setting.”

The Canadian Chamber of Commerce and Toronto Region Board of Trade have also spoken in favour of vaccine certificates to avoid lockdowns. Health groups such as the Ontario Medical Association and the Registered Nurses Association of Ontario have also called for their use.

The province’s science table advisory group said certificates would allow high-risk settings to reopen sooner with greater capacity and help plan for future waves of the virus. However, it also noted there’s no evidence linking the impact of vaccine certificates to vaccine coverage or virus transmission.

Quebec’s Premier recently announced the government’s intention to implement vaccine passports provincewide.

McMaster University political science professor Peter Graefe said he doesn’t think Ford will reverse his position unless several more provinces implement similar systems.

“I think his issue is that it’s a relatively small number of people who are really skeptical about the vaccines or are really opposed to the idea of a vaccine passport,” he said.

“But that’s still an important part of his base. He’s looking at trying to win 35 per cent of the electorate, there are maybe 10 or 15 per cent (who) feel really strongly about those things, and I don’t think he feels that he can, you know, risk their support.”

Ontario reported 325 new COVID-19 cases on Monday. Those were based on more than 15,800 tests. Ninety cases were in Toronto, 47 in Peel Region, and 29 in York Region.

There were 113 patients in intensive care with COVID-related critical illness and 70 people on ventilators.

The province has administered 29,949 COVID-19 vaccine doses since the last update for a total of 19.9 million shots.

Public Health Ontario says that from the end of June to the end of last month, unvaccinated people were eight times more likely to become infected with COVID-19 than fully vaccinated people.

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Cineplex reports $24.7M Q3 loss on Competition Tribunal penalty

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TORONTO – Cineplex Inc. reported a loss in its latest quarter compared with a profit a year ago as it was hit by a fine for deceptive marketing practices imposed by the Competition Tribunal.

The movie theatre company says it lost $24.7 million or 39 cents per diluted share for the quarter ended Sept. 30 compared with a profit of $29.7 million or 40 cents per diluted share a year earlier.

The results in the most recent quarter included a $39.2-million provision related to the Competition Tribunal decision, which Cineplex is appealing.

The Competition Bureau accused the company of misleading theatregoers by not immediately presenting them with the full price of a movie ticket when they purchased seats online, a view the company has rejected.

Revenue for the quarter totalled $395.6 million, down from $414.5 million in the same quarter last year, while theatre attendance totalled 13.3 million for the quarter compared with nearly 15.7 million a year earlier.

Box office revenue per patron in the quarter climbed to $13.19 compared with $12 in the same quarter last year, while concession revenue per patron amounted to $9.85, up from $8.44 a year ago.

This report by The Canadian Press was first published Nov. 6, 2024.

Companies in this story: (TSX:CGX)

The Canadian Press. All rights reserved.

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Restaurant Brands reports US$357M Q3 net income, down from US$364M a year ago

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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.

Companies in this story: (TSX:QSR)

The Canadian Press. All rights reserved.

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Electric and gas utility Fortis reports $420M Q3 profit, up from $394M a year ago

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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.

Companies in this story: (TSX:FTS)

The Canadian Press. All rights reserved.

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