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Region in Calgary under COVID-19 watch Sunday as condo cases rise; Alberta sees 39 new cases

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Alberta Health announced that the province had 39 new COVID-19 cases on Sunday, as a region in Calgary was added to a provincial watch list.

Alberta’s total number of confirmed cases has reached 7,996: 520 active, 7,322 recovered and 154 deaths.

The province said 43 people are in hospital; eight of them are in the ICU.

Case breakdown:

  • Calgary zone: 216 active cases and 4,971 recovered
  • South zone: 25 active cases and 1,267 recovered
  • Edmonton zone: 242 active cases and 727 recovered
  • North zone: 33 active cases and 257 recovered
  • Central zone: three active cases and 87 recovered
  • yet-to-be-confirmed zones: one active case and 13 recovered

Calgary area under watch

The province has a COVID-19 status map with region classifications based on case ratios: open, watch and enhanced.

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Calgary – Centre was put under watch status Sunday, the province said, marking the first time an area within Calgary has been under watch. As of Sunday, Calgary – Centre was the only region in the province under a watch.

An area in Edmonton was under watch status last week but has since gone back to open status.

“This designation is simply an indicator that health officials are monitoring the risk and discussing with the local administration and other community leaders… the possible need for additional health measures,” Alberta Health told Global News on Sunday via email.

A watch means an area is above the threshold.

“It is important to remember that this threshold of 50 active cases per 100,000 population is simply one point on a spectrum of local risk,” Alberta Health said.

Calgary condo outbreak

As of Sunday, Verve Condominiums in Calgary’s East Village — which is located in the Calgary – Centre region — has 45 cases: 34 active cases and 11 recovered, according to the province.

Hospitalizations related to the Verve outbreak remain unchanged at three.

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Alberta Health said it is working with condo management to co-ordinate resident testing and cleaning for the building.

The province declared the Verve outbreak on June 22.

Edmonton hospital outbreak

Alberta Health Services said Sunday that 11 patients at Edmonton’s Misericordia Community Hospital have tested positive for COVID-19, which is an increase of one case since Saturday.

The number of staff who have tested positive remains unchanged at eight, AHS said.

The hospital continues to respond to two units on the COVID-19 outbreak, according to AHS.

AHS said the outbreak was declared on June 21.

 

Source: – Globalnews.ca

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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)

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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)

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