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Seven Quebecers test positive for COVID-19 despite first vaccination, heightening questions over delayed boosters

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MONTREAL —
Several residents at a Quebec long-term care home have tested positive for COVID-19 despite being among the first people in Canada to receive the first dose of the Pfizer vaccine.

Seven people at the Maimonides long-term care home in western Montreal “were infected within the first 28 days after their first [vaccine] dose,” the regional health-care authority that oversees the home said in a statement.

The outbreak doesn’t suggest anything new about the vaccine—it was already clear it doesn’t give full protection with a single dose, nor right away—but it is highlighting worries in Quebec, where people are already on edge about the province’s “off-label” vaccination campaign and the contradictory information around it.

Health authorities haven’t yet been able to determine exactly when in those 28 days they believe the residents were infected.

The extra immunity from the Pfizer vaccine doesn’t kick in until about 12 days after the first inoculation. In other words, if the residents were infected within two weeks of getting the shot, that’s no surprise, as they had no extra immunity during that time.

If they got it in the third or fourth weeks, it’s not a big surprise either, as Pfizer maintains the first dose on its own only provides 52 per cent protection. It’s the second dose, the booster shot, that bumps that number up to 95 per cent.

The situation points “to the desperate and immediate need for the second dose,” said Joyce Shanks, whose father lives at the home. Shanks heads a family advocacy group there.

A group of families at Maimonides had already threatened to sue the province over the delay of their booster shots, after the province decided at the end of December to redeploy the doses.

In a campaign to give partial protection to the greatest possible number of people, Quebec is now using those intended second doses as other people’s first doses.

The province hasn’t yet said when it will give second doses. A federal advisory committee said today that it recommended delaying second shots, but only up to an interval of 42 days after the first shot.

People who were vaccinated in the first few days of Maimonides’ vaccination drive are already more than a week overdue for their second shots, according to Pfizer’s schedule.

The Pfizer booster shot is supposed to be given 21 days after the first shot. The first Maimonides vaccinees’ booster-shot date was supposed to be last Monday, Jan. 4.

The seven new cases add urgency to the families’ worries, Shanks said, despite the fact that the cases were “not surprising,” she said.

“There have always been active cases and staff cases [at Maimonides],” she said. “There was never a belief that there would be no new cases… COVID was circulating in the building.”

Families are also well aware that the first dose only offers partial protection on its own, she said. She cited Pfizer’s data, which shows that the first dose offers 52.4 per cent protection.

“No one ever said there was a 100 per cent protection after the first dose,” she said.

In fact, however, some have said something close to this—namely, Quebec authorities and the province’s top medical advisors, who have repeatedly and publicly claimed that the first shot alone gives around 90 per cent protection, contrary to what Pfizer says.

Shanks said she believes the new infections did show up recently rather than in mid-December, meaning the people affected may have had some protection from the vaccine.

They showed up “this past week,” she said, and the home “had tested frequently.”

That still doesn’t confirm much, however, since people could have gotten the vaccines at any time since mid-December.

To date, 84 per cent of residents have been vaccinated and the shots are “ongoing,” said Carl Theriault, a spokesman for the west-central Montreal health authority, in a statement to CTV.

Regarding the new cases, “we are waiting for the results of a public health investigation to understand what happened,” said Theriault.

Positive cases don’t even necessarily mean the person has the virus, said one Montreal expert. After getting vaccinated, pieces of genetic material from the vaccine—not live virus—can be picked up by the “extremely sensitive” tests and lead to a positive test, said Dr. Mitch Shulman.

It’s impossible to become infected with COVID-19 from the vaccine.

“Did they just get a piece of genetic material [and] that doesn’t mean that they’re infected at all?” Shulman said.

“The presence of RNA… in your nose doesn’t mean necessarily that you are sick, doesn’t mean necessarily that you’re infectious, doesn’t mean anything,” he said.

The other Quebec care home to begin vaccinations on the very first day, the St-Antoine home in Quebec City, had a major COVID-19 outbreak throughout December, with dozens infected, after the first round of vaccinations.

That all took place before the province announced it would be delaying the second dose, however, and it didn’t stoke the same questions.

“We expected to find cases among vaccinated workers and seniors, among others, since they received only one dose of the vaccine,” the province’s health department told CTV News in late December.

“The time it takes to develop antibodies in [vaccinated people] was not able to prevent COVID-19 among some residents or workers, as exposure to the virus had already occurred given the outbreak context.”

On Wednesday, Montreal’s top public health officer, Dr. Mylene Drouin, said the province is studying both outbreaks to see if it can learn anything about how elderly vaccine recipients responded to the vaccine—for example, when its immune protection kicked in.

In the Maimonides case, however, “it is too small a number to draw a conclusion,” said Drouin.

She said the Quebec Institute of Public Health is also looking into whether the positive cases are from a new variant of the virus.

“It may be one of the hypotheses, and the [Quebec public health institute’s] laboratories are going to look at this possibility,” said Drouin. “We had a couple of cases of the variant, but it was in a family.”

–With files from CTV’s Billy Shields and Daniel J. Rowe

Source: – CTV News Montreal

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Transat AT reports $39.9M Q3 loss compared with $57.3M profit a year earlier

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MONTREAL – Travel company Transat AT Inc. reported a loss in its latest quarter compared with a profit a year earlier as its revenue edged lower.

The parent company of Air Transat says it lost $39.9 million or $1.03 per diluted share in its quarter ended July 31.

The result compared with a profit of $57.3 million or $1.49 per diluted share a year earlier.

Revenue in what was the company’s third quarter totalled $736.2 million, down from $746.3 million in the same quarter last year.

On an adjusted basis, Transat says it lost $1.10 per share in its latest quarter compared with an adjusted profit of $1.10 per share a year earlier.

Transat chief executive Annick Guérard says demand for leisure travel remains healthy, as evidenced by higher traffic, but consumers are increasingly price conscious given the current economic uncertainty.

This report by The Canadian Press was first published Sept. 12, 2024.

Companies in this story: (TSX:TRZ)

The Canadian Press. All rights reserved.

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Dollarama keeping an eye on competitors as Loblaw launches new ultra-discount chain

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Dollarama Inc.’s food aisles may have expanded far beyond sweet treats or piles of gum by the checkout counter in recent years, but its chief executive maintains his company is “not in the grocery business,” even if it’s keeping an eye on the sector.

“It’s just one small part of our store,” Neil Rossy told analysts on a Wednesday call, where he was questioned about the company’s food merchandise and rivals playing in the same space.

“We will keep an eye on all retailers — like all retailers keep an eye on us — to make sure that we’re competitive and we understand what’s out there.”

Over the last decade and as consumers have more recently sought deals, Dollarama’s food merchandise has expanded to include bread and pantry staples like cereal, rice and pasta sold at prices on par or below supermarkets.

However, the competition in the discount segment of the market Dollarama operates in intensified recently when the country’s biggest grocery chain began piloting a new ultra-discount store.

The No Name stores being tested by Loblaw Cos. Ltd. in Windsor, St. Catharines and Brockville, Ont., are billed as 20 per cent cheaper than discount retail competitors including No Frills. The grocery giant is able to offer such cost savings by relying on a smaller store footprint, fewer chilled products and a hearty range of No Name merchandise.

Though Rossy brushed off notions that his company is a supermarket challenger, grocers aren’t off his radar.

“All retailers in Canada are realistic about the fact that everyone is everyone’s competition on any given item or category,” he said.

Rossy declined to reveal how much of the chain’s sales would overlap with Loblaw or the food category, arguing the vast variety of items Dollarama sells is its strength rather than its grocery products alone.

“What makes Dollarama Dollarama is a very wide assortment of different departments that somewhat represent the old five-and-dime local convenience store,” he said.

The breadth of Dollarama’s offerings helped carry the company to a second-quarter profit of $285.9 million, up from $245.8 million in the same quarter last year as its sales rose 7.4 per cent.

The retailer said Wednesday the profit amounted to $1.02 per diluted share for the 13-week period ended July 28, up from 86 cents per diluted share a year earlier.

The period the quarter covers includes the start of summer, when Rossy said the weather was “terrible.”

“The weather got slightly better towards the end of the summer and our sales certainly increased, but not enough to make up for the season’s horrible start,” he said.

Sales totalled $1.56 billion for the quarter, up from $1.46 billion in the same quarter last year.

Comparable store sales, a key metric for retailers, increased 4.7 per cent, while the average transaction was down2.2 per cent and traffic was up seven per cent, RBC analyst Irene Nattel pointed out.

She told investors in a note that the numbers reflect “solid demand as cautious consumers focus on core consumables and everyday essentials.”

Analysts have attributed such behaviour to interest rates that have been slow to drop and high prices of key consumer goods, which are weighing on household budgets.

To cope, many Canadians have spent more time seeking deals, trading down to more affordable brands and forgoing small luxuries they would treat themselves to in better economic times.

“When people feel squeezed, they tend to shy away from discretionary, focus on the basics,” Rossy said. “When people are feeling good about their wallet, they tend to be more lax about the basics and more willing to spend on discretionary.”

The current economic situation has drawn in not just the average Canadian looking to save a buck or two, but also wealthier consumers.

“When the entire economy is feeling slightly squeezed, we get more consumers who might not have to or want to shop at a Dollarama generally or who enjoy shopping at a Dollarama but have the luxury of not having to worry about the price in some other store that they happen to be standing in that has those goods,” Rossy said.

“Well, when times are tougher, they’ll consider the extra five minutes to go to the store next door.”

This report by The Canadian Press was first published Sept. 11, 2024.

Companies in this story: (TSX:DOL)

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U.S. regulator fines TD Bank US$28M for faulty consumer reports

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TORONTO – The U.S. Consumer Financial Protection Bureau has ordered TD Bank Group to pay US$28 million for repeatedly sharing inaccurate, negative information about its customers to consumer reporting companies.

The agency says TD has to pay US$7.76 million in total to tens of thousands of victims of its illegal actions, along with a US$20 million civil penalty.

It says TD shared information that contained systemic errors about credit card and bank deposit accounts to consumer reporting companies, which can include credit reports as well as screening reports for tenants and employees and other background checks.

CFPB director Rohit Chopra says in a statement that TD threatened the consumer reports of customers with fraudulent information then “barely lifted a finger to fix it,” and that regulators will need to “focus major attention” on TD Bank to change its course.

TD says in a statement it self-identified these issues and proactively worked to improve its practices, and that it is committed to delivering on its responsibilities to its customers.

The bank also faces scrutiny in the U.S. over its anti-money laundering program where it expects to pay more than US$3 billion in monetary penalties to resolve.

This report by The Canadian Press was first published Sept. 11, 2024.

Companies in this story: (TSX:TD)

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