Public health officials have reported more than 24,900 COVID-19 cases across eastern Ontario and western Quebec, including more than 23,400 resolved cases.
Elsewhere in eastern Ontario, 125 people have died of COVID-19, and 157 people have died in western Quebec.
Restaurants, gyms, personal care services, theatres and non-essential businesses are open across that region. Most sports can also resume.
Social gatherings at private homes, backyards or in public parks can have up to 10 people indoors or 25 people outdoors. Organized events can be larger.
People are asked to only have close contact with people they live with, be masked and distanced for all other in-person contact and only travel for essential reasons, especially between differently coloured zones.
Ottawa Public Health and the Eastern Ontario Health Unit (EOHU) are orange under the province’s colour-coded pandemic scale.
They have more restrictions than the rest of the region, which is the lowest level of green.
Western Quebec residents are still being asked to stay home unless it’s essential to leave and not see anyone they don’t live with. An exception for people living alone allows them to exclusively visit one other home.
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 Ontario and Quebec.
Health Canada recommends older adults and people with underlying medical conditions and/or weakened immune systems stay home as much as possible and get friends and family to help with errands.
Symptoms and vaccines
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 can develop a rash.
A psychologist and sleep expert answer questions about how stress from the COVID-19 pandemic is affecting sleep and they provide some tools for improving it. 2:02
About 52,400 doses have been given out, including about 34,700 doses in Ottawa and 8,800 in western Quebec.
Ontario’s first doses are going to care home residents. It says a first dose has been offered at every long-term care home.
Ottawa has given a second dose to most long-term care residents, is giving second doses to some health-care workers and has given a first dose to high-risk retirement home residents.
The province’s campaign is still expected to expand to priority groups such as older adults and essential workers in March or April, with vaccines widely available in August.
The head of Ontario’s vaccine distribution task force, retired general Rick Hillier, says he hopes to start vaccinating people over the age of 80 at the beginning of March. 4:19
Quebec is also giving a single dose to as many people as possible, starting with people in care homes and health-care workers, then remote communities, then older adults and essential workers and finally the general public.
Renfrew County test clinic locations are posted weekly. Residents can also call their family doctor or 1-844-727-6404 with health questions.
The Eastern Ontario Health Unit has sites in Alexandria, Casselman, Cornwall, Hawkesbury, Rockland and Winchester.
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.
Call 1-877-644-4545 with questions, including if walk-in testing is available nearby.
First Nations, Inuit and Métis:
Akwesasne has had more than 180 residents test positive on the Canadian side of the border and six deaths. More than 350 people have tested positive across the community and eight have died.
Its curfew from 11 p.m. to 5 a.m. is back and it has a COVID-19 test site by appointment only.
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, which hasn’t yet had a confirmed case, can book a COVID-19 test by calling 613-625-2259. Anyone in Tyendinaga who’s interested in a test can call 613-967-3603.
Inuit in Ottawa can call the Akausivik Inuit Family Health Team at 613-740-0999 for service, including testing, 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.