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Regina police allowing fuel trucks to enter Co-op Refinery

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Police allowed trucks to enter Regina’s Co-op Refinery on Friday morning.

According to Scott Doherty, executive assistant to the national president of Unifor, Regina police stopped traffic around the refinery at 11 p.m. CST Thursday at 9th Avenue and Winnipeg Street, and 9th Avenue and McDonald Street.

Doherty said the officers didn’t allow any vehicles into the facility and told refinery security to remove fences that had been set up by the union.

As of 9 a.m. CST, Unifor had no picketers at the refinery site. Police were stopping traffic and Doherty said he wasn’t sure whether the police would allow the picketers to walk through.

“They seem to want to arrest people as quickly as possible,” said Doherty.

Police allowed trucks to enter one of the entrances at Regina’s Co-op Refinery on Friday morning. 0:46

Doherty, along with three other union members, was arrested at the Unifor picket line and charged with mischief and disobeying an order of the court.

In a news release, the Regina Police Service said it was removing the barricades to make the area safe, in accordance with a court order from December.

Police said vehicle and pedestrian traffic would be stopped temporarily while officers took away anything that could be used to create an illegal barrier. Once that happens, picketers will be allowed in the area.

Any vehicles not related to the refinery’s operation will not be allowed in.

Court conflict

A Court of Queen’s Bench judge reserved his decision at a contempt of court hearing Thursday.

An original decision limited Unifor Local 594 workers to only block fuel truck traffic at the refinery for a maximum of 10 minutes. The union was fined $100,000 for breaching that order.

At Thursday’s hearing, FCL argued that two union members should receive jail time, as well as issue a $1 million fine against the union.

Doherty said he was told by police that there would be no action until the court decision was released.

“Clearly that is not the case,” he said.

“There still hasn’t been a decision and they’ve decided to take it upon themselves to remove fences and give free access.”

On Feb. 1, barricades at all of the entrances to the Co-op refinery were put back up after talks between locked out workers and Federated Co-op Ltd. broke down.

The barricades originally went up Jan. 20, in response to growing tensions between the union and the refinery.

FCL has called the barricades illegal and have demanded they be removed.

The union said the arrests show the Regina Police Services is siding with the refinery, although the police has taken pains to push their neutrality in the conflict.

Premier Scott Moe offered a provincial mediator in the conflict on Monday. The union said it will only cooperate if binding arbitration is brought in.

Roughly 800 workers at the Refinery have been locked out of their jobs since Dec. 5.

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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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