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Vancouver Island adds 27 new COVID-19 cases as restrictions issued for Central Okanagan – CTV News VI

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VICTORIA —
Health officials have identified 27 new cases of COVID-19 in the Vancouver Island region Friday.

The cases were among 464 new cases found across the province over the past 24 hours.

The update comes as B.C. issues new COVID-19 restrictions for the Central Okanagan, including limits on personal gatherings, organized gatherings and restaurant capacity.

Meanwhile, bars and nightclubs have also been shutdown in the region, which includes the municipalities of Peachland, West Kelowna, Kelowna, Lake Country, parts of the Central Okanagan Regional District and First Nations within the area.

Earlier in the pandemic, the province avoided placing restrictions on specific regions of B.C. Now, however, health officials say that high levels of immunization across the province allow restrictions to be placed on pockets of transmission in a “new approach.”

Health officials add that surges have been seen across the province at different times during the pandemic. Currently, other areas of B.C. are still at risk, as visitors may have been in hot spots for vacations and have since returned to their home communities.

ACTIVE CASES

There are now 2,411 active cases of COVID-19 across the province, according to the B.C. Ministry of Health, including 145 active cases in the Vancouver Island region.

Island Health identified the locations of 139 active cases Friday, including 74 in the South Island, 59 in the Central Island and six in the North Island.

Health officials say no deaths related to the disease were reported over the past 24 hours, leaving the provinces’ death toll at 1,772.

There is currently one person in hospital for treatment of COVID-19 on Vancouver Island, and one more person is receiving critical care, according to the B.C. Centre for Disease Control.

Since the pandemic began, 41 people have died of COVID-19 in the Island Health region.

As of Friday, 81.8 per cent of people aged 12 and older have received their first dose of a COVID-19 vaccine in B.C., while 68.9 per cent of eligible people have received both doses.

Earlier Friday, B.C. Health Minister Adrian Dix said the province had administered more than 7 million vaccine doses as of Aug. 6.

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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)

The Canadian Press. All rights reserved.

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Thomson Reuters reports Q3 profit down from year ago as revenue rises

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TORONTO – Thomson Reuters reported its third-quarter profit fell compared with a year ago as its revenue rose eight per cent.

The company, which keeps its books in U.S. dollars, says it earned US$301 million or 67 cents US per diluted share for the quarter ended Sept. 30. The result compared with a profit of US$367 million or 80 cents US per diluted share in the same quarter a year earlier.

Revenue for the quarter totalled US$1.72 billion, up from US$1.59 billion a year earlier.

In its outlook, Thomson Reuters says it now expects organic revenue growth of 7.0 per cent for its full year, up from earlier expectations for growth of 6.5 per cent.

On an adjusted basis, Thomson Reuters says it earned 80 cents US per share in its latest quarter, down from an adjusted profit of 82 cents US per share in the same quarter last year.

The average analyst estimate had been for a profit of 76 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:TRI)

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