With Ontario now under an “emergency brake” shutdown to stem the spread of COVID-19, some medical professionals say it will be especially challenging for those already struggling with mental health.
Ottawa reported another 240 COVID-19 cases on Saturday, the highest single-day tally in the nation’s capital since the start of the pandemic.
Western Quebec, meanwhile, confirmed another 131 cases.
As of Saturday, 17.825 Ottawa residents have tested positive for COVID-19. There are 1,516 known active cases, 15,842 resolved cases and 467 deaths.
Public health officials have reported more than 32,400 COVID-19 cases across eastern Ontario and western Quebec, including more than 28,800 resolved cases.
Elsewhere in eastern Ontario, 147 people have died. In western Quebec, the death toll is 174.
Akwesasne has had more than 270 residents test positive on the Canadian side of the border and seven deaths. It’s had more than 550 cases when its southern section is added.
Those sorts of factors explain why Ontario is now in a provincewide shutdown, with rules that are similar but not identical to rules that were in place in grey-lockdown zones.
Gyms and personal care services must close, while restaurants are only available for takeout.
Non-essential businesses are able to open at 25 per cent capacity.
Indoor gatherings are not allowed, except for people who live together and the usual exception for those who live alone.
Outdoor gatherings can have a maximum of five distanced people.
Religious services, weddings and funerals are capped at 15 per cent capacity indoors and as many people as can be physically distanced outdoors. Social gatherings like receptions fall under the rules for indoor and outdoor gatherings.
Schools won’t be immediately affected, although some boards have told families to be ready in case they have to close classrooms again and return to full remote learning.
Schools, gyms, theatres, personal care services and non-essential businesses are closed until Monday, April 12 at 5 a.m. in Gatineau and in the MRC des Collines-de-l’Outaouais, which almost entirely surrounds the city.
Private gatherings are banned, except for a person who lives alone to see one other household.
Distanced outdoor exercise is allowed in groups up to eight people. Places of worship can have a maximum of 25 people.
The curfew now starts at 8 p.m.
The rest of the Outaouais is moving to red-zone rules, which closes restaurant dining rooms but keeps schools, gyms, theatres, personal care services and non-essential businesses open with restrictions.
Weddings and funerals can have a maximum of 25 people, while other religious services can go up to 250 distanced people.
The start of the curfew in this area remains at 9:30 p.m.
People across the Ottawa-Gatineau area are asked to only have close contact with people they live with, be masked and distanced for all other in-person contact and only leave their immediate area for essential reasons.
ICYMI: Warmer weather is on its way! ☀️<br><br>The COVID-19 drive-thru assessment centre at City Hall/National Arts Centre will be closed as of Monday, April 5.<br>We will continue to serve the community at the drive-thru Assessment Centre on Coventry Road as of Wednesday, April 7. <a href=”https://t.co/DZOAwWnUto”>pic.twitter.com/DZOAwWnUto</a>
Health Canada recommends older adults and people with underlying medical conditions and/or weakened immune systems stay home as much as possible and get help with errands.
Anyone with COVID-19 symptoms should self-isolate, as should those who’ve been ordered to do so by their public health unit. The length varies in Quebec and Ontario.
About 312,000 doses have been given out in the Ottawa-Gatineau region since mid-December, including about 130,000 doses to Ottawa residents and about 45,000 in western Quebec.
Ontario’s first doses of Phase 1 generally went to care home residents and health-care workers.
As of the Easter long weekend, all health units in eastern Ontario except Renfrew County are vaccinating people 70 and older.
Officials expect everyone over the age of 65 to be vaccinated by mid-April and everyone who wants a shot to be able to get one by by Fête nationale on June 24.
COVID-19 can range from a cold-like illness to a severe lung infection, with common symptoms including fever, a cough, vomiting and loss of taste or smell. Children tend to have an upset stomach and/or a rash.
New! Ray Friel arena is open on Easter Sunday for COVID-19 testing. Appointments are still available. For this Sunday only, please call 1-877-232-8828 to book an appointment at Ray Friel and select ‘option 2’. <br>Visit our website for more locations.<a href=”https://t.co/hWmOhBA5C3″>https://t.co/hWmOhBA5C3</a>
Check with your area’s health unit for clinic locations and hours. Some are offering pop-up or mobile clinics.
In western Quebec:
Tests are strongly recommended for people with symptoms and their contacts.
Outaouais residents can make an appointment in Gatineau at 135 blvd. Saint-Raymond or 617 ave. Buckingham. They cancheck the wait time for the Saint-Raymond site.
Anyone returning to the community on the Canadian side of the international border who’s been farther than 160 kilometres away — or visited Montreal — for non-essential reasons is asked to self-isolate for 14 days.
People in Pikwakanagan can book a COVID-19 test by calling 613-625-1175. Anyone in Tyendinaga who’s interested in a test can call 613-967-3603 and in Kitigan Zibi, 819-449-5593.
Inuit in Ottawa can call the Akausivik Inuit Family Health Team at 613-740-0999 for service, including testing and vaccines, in Inuktitut or English on weekdays.
TOKYO (AP) — Japanese technology group SoftBank swung back to profitability in the July-September quarter, boosted by positive results in its Vision Fund investments.
Tokyo-based SoftBank Group Corp. reported Tuesday a fiscal second quarter profit of nearly 1.18 trillion yen ($7.7 billion), compared with a 931 billion yen loss in the year-earlier period.
Quarterly sales edged up about 6% to nearly 1.77 trillion yen ($11.5 billion).
SoftBank credited income from royalties and licensing related to its holdings in Arm, a computer chip-designing company, whose business spans smartphones, data centers, networking equipment, automotive, consumer electronic devices, and AI applications.
The results were also helped by the absence of losses related to SoftBank’s investment in office-space sharing venture WeWork, which hit the previous fiscal year.
WeWork, which filed for Chapter 11 bankruptcy protection in 2023, emerged from Chapter 11 in June.
SoftBank has benefitted in recent months from rising share prices in some investment, such as U.S.-based e-commerce company Coupang, Chinese mobility provider DiDi Global and Bytedance, the Chinese developer of TikTok.
SoftBank’s financial results tend to swing wildly, partly because of its sprawling investment portfolio that includes search engine Yahoo, Chinese retailer Alibaba, and artificial intelligence company Nvidia.
SoftBank makes investments in a variety of companies that it groups together in a series of Vision Funds.
The company’s founder, Masayoshi Son, is a pioneer in technology investment in Japan. SoftBank Group does not give earnings forecasts.
Shopify Inc. executives brushed off concerns that incoming U.S. President Donald Trump will be a major detriment to many of the company’s merchants.
“There’s nothing in what we’ve heard from Trump, nor would there have been anything from (Democratic candidate) Kamala (Harris), which we think impacts the overall state of new business formation and entrepreneurship,” Shopify’s chief financial officer Jeff Hoffmeister told analysts on a call Tuesday.
“We still feel really good about all the merchants out there, all the entrepreneurs that want to start new businesses and that’s obviously not going to change with the administration.”
Hoffmeister’s comments come a week after Trump, a Republican businessman, trounced Harris in an election that will soon return him to the Oval Office.
On the campaign trail, he threatened to impose tariffs of 60 per cent on imports from China and roughly 10 per cent to 20 per cent on goods from all other countries.
If the president-elect makes good on the promise, many worry the cost of operating will soar for companies, including customers of Shopify, which sells e-commerce software to small businesses but also brands as big as Kylie Cosmetics and Victoria’s Secret.
These merchants may feel they have no choice but to pass on the increases to customers, perhaps sparking more inflation.
If Trump’s tariffs do come to fruition, Shopify’s president Harley Finkelstein pointed out China is “not a huge area” for Shopify.
However, “we can’t anticipate what every presidential administration is going to do,” he cautioned.
He likened the uncertainty facing the business community to the COVID-19 pandemic where Shopify had to help companies migrate online.
“Our job is no matter what comes the way of our merchants, we provide them with tools and service and support for them to navigate it really well,” he said.
Finkelstein was questioned about the forthcoming U.S. leadership change on a call meant to delve into Shopify’s latest earnings, which sent shares soaring 27 per cent to $158.63 shortly after Tuesday’s market open.
The Ottawa-based company, which keeps its books in U.S. dollars, reported US$828 million in net income for its third quarter, up from US$718 million in the same quarter last year, as its revenue rose 26 per cent.
Revenue for the period ended Sept. 30 totalled US$2.16 billion, up from US$1.71 billion a year earlier.
Subscription solutions revenue reached US$610 million, up from US$486 million in the same quarter last year.
Merchant solutions revenue amounted to US$1.55 billion, up from US$1.23 billion.
Shopify’s net income excluding the impact of equity investments totalled US$344 million for the quarter, up from US$173 million in the same quarter last year.
Daniel Chan, a TD Cowen analyst, said the results show Shopify has a leadership position in the e-commerce world and “a continued ability to gain market share.”
In its outlook for its fourth quarter of 2024, the company said it expects revenue to grow at a mid-to-high-twenties percentage rate on a year-over-year basis.
“Q4 guidance suggests Shopify will finish the year strong, with better-than-expected revenue growth and operating margin,” Chan pointed out in a note to investors.
This report by The Canadian Press was first published Nov. 12, 2024.
TORONTO – RioCan Real Estate Investment Trust says it has cut almost 10 per cent of its staff as it deals with a slowdown in the condo market and overall pushes for greater efficiency.
The company says the cuts, which amount to around 60 employees based on its last annual filing, will mean about $9 million in restructuring charges and should translate to about $8 million in annualized cash savings.
The job cuts come as RioCan and others scale back condo development plans as the market softens, but chief executive Jonathan Gitlin says the reductions were from a companywide efficiency effort.
RioCan says it doesn’t plan to start any new construction of mixed-use properties this year and well into 2025 as it adjusts to the shifting market demand.
The company reported a net income of $96.9 million in the third quarter, up from a loss of $73.5 million last year, as it saw a $159 million boost from a favourable change in the fair value of investment properties.
RioCan reported what it says is a record-breaking 97.8 per cent occupancy rate in the quarter including retail committed occupancy of 98.6 per cent.
This report by The Canadian Press was first published Nov. 12, 2024.