The provincial health officer is implementing additional measures to address rising COVID-19 case counts that could result in increased hospitalizations and critical care admissions and the potential to overstress the health-care system.
Revised provincial health officer orders will take effect on Wednesday, Dec. 22, 2021, at 11:59 p.m.
The restrictions will extend to Jan. 18, 2022, at 11:59 p.m., and include:
no organized indoor social events and gatherings of any size;
concerts, sports games and theatres reduced to 50% seated capacity, regardless of venue size;
closing gyms, fitness centres and dance studios;
closing bars and nightclubs; and
limiting table sizes at restaurants, cafes and pubs to a maximum of six people per table with physical distancing or barriers.
These restrictions are in addition to the revised orders that took effect on Monday, Dec. 20.
The Ministry of Health is postponing non-urgent scheduled surgeries starting Jan. 4, 2022, to manage pressure on acute care facilities. Urgent and emergency surgeries will continue, and rescheduling will be determined through continuous monitoring of capacity and COVID-19 impacts throughout January and on a regional basis.
“COVID-19 cases continue to increase at a concerning rate, and we must take stronger measures to help protect British Columbians and ensure our health-care system is there when people need it,” said Adrian Dix, Minister of Health. “It’s a critical time in our fight against COVID-19. Now is the time for us to act, and to work together to slow the spread of COVID-19 and keep our loved ones safe.”
Dr. Bonnie Henry, provincial health officer, said: “I know everyone is looking forward to being around their family and friends this holiday season after two challenging years. These restrictions balance the need for people to come together with the people they love with the need to collectively act to slow the spread of COVID-19. We know how to get through this – by following the same measures we’ve followed in the past to protect each other.”
In addition to the provincial health officer’s orders, British Columbians are advised to get fully vaccinated if they have not already done so, to get their booster shot as soon as one is offered, to stay home if they are sick, to avoid all travel if not fully vaccinated and to follow the travel advisory issued by the federal government to avoid non-essential travel outside of Canada.
The updated orders will be enacted under the Public Health Act.
The latest updates, including case counts, prevention, risks and to find a testing centre near you: http://www.bccdc.ca/ Or follow @CDCofBC on Twitter.
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.
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.
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.
