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February 11, 2022 by 1996-O Executive

BCE reports fourth quarter and full-year 2021 results

Source:  BCE Media Releases

  • Q4 consolidated adjusted EBITDA1 growth of 1.1% on 3.0% higher service revenue; reached 99% of pre-COVID 2019 revenue and adjusted EBITDA levels in 2021
  • Net earnings of $658 million, down 29.4%, with net earnings attributable to common shareholders of $625 million, or $0.69 per common share down 29.6%; adjusted net earnings1 of $692 million generated adjusted EPS1 of $0.76, down 6.2%
  • Q4 cash flows from operating activities up 6.9% to $1,743 million, driving higher year-over-year free cash flow1 of $236 million
  • Leading wireless financial results with service revenue growth of 6.3%, 5.3% higher adjusted EBITDA and 3.3% increase in mobile phone blended ARPU2 as we welcomed 109,726 new net mobile phone subscriber activations, up 77.8%
  • Best annual retail residential net subscriber performance in 10 years; 47,618 total retail Internet net activations, up 7.0%; IPTV net activations increased 38.3% to 29,191
  • Bell Media digital revenue3 up 36%, contributing to 7.3% total media revenue growth
  • Surpassed upsized 2021 network expansion targets, delivering approximately 1.1 million new direct fibre and Wireless Home Internet (WHI) locations and mobile 5G to more than 70% of Canadians; WHI buildout completed with 1 million households reached one year earlier than plan

 

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February 11, 2022 by 1996-O Executive

BTS Bargaining Update #1

BTS 2022 Bargaining Bulletin 1 Feb 10BTS 2022 Bargaining Bulletin 1 Feb 10

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February 11, 2022 by 1996-O Executive

Bell expands pure fibre Internet access to Georgina

Source:  BCE Media Releases

High-speed Internet services will reach approximately 14,000 homes and businesses in Georgina

GEORGINA, ON, February 10, 2022 – Bell today announced the expansion of pure fibre Internet service to homes and businesses in the community of Georgina. Part of Bell’s capital expenditure acceleration program for investment in national next-generation network infrastructure, the expansion program will bring all-fibre broadband access to approximately 14,000 locations in Georgina by 2024.

Fully funded by Bell, this broadband expansion program will provide fast and high-capacity 100% fibre connections with Internet download speeds of up to 1.5 Gbps and access to leading Bell services such as Fibe TV. Last year, Bell announced an investment of $1.7 billion in capital expenditures over two years to accelerate the rollout of its broadband fibre, 5G and rural networks and help drive Canada’s recovery from the COVID crisis.

This capital acceleration is in addition to the approximately $4 billion in capital expenditures Bell typically invests in broadband network infrastructure and expansion each year, and will significantly increase the connections in localities across Canada while creating additional employment as network construction activity speeds up.

“Affordable, reliable, internet plays such a critical role in our lives today. It gives residents many options when it comes to education, running a business or working from home, which many companies have shifted to. We need to position Georgina for future demands, and staying resilient to the many changes. When competing with other communities to attract companies and residents, we know that high-speed internet can often be a deciding factor, and I am glad that residents have options when making that decision.”

 

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February 11, 2022 by 1996-O Executive

Members phone Premier Ford to demand Ontario sign federal child care deal

February 9, 2022

 

On February 3, 2022, members across Ontario participated in a Day of Action to urge provincial Members of Provincial Parliament (MPPs) and Premier Ford to sign the federal child care plan that promises more than $30 billion in funding to create accessible, affordable, quality child care nationwide.

“Unifor members are frustrated that Ontario is the last province to sign the child care deal,” said Naureen Rizvi, Ontario Regional Director. “During our mass call-in on the Day of Action, we shared our child care stories directly with the MPPs and talked about the huge costs associated with an often very necessary expense. Ontario families need the support the federal program offers and Premier Ford needs to stop waiting and just get the deal done.”

There is added pressure for Ontario to secure the deal before the end of the federal fiscal year on March 31, 2022.

“If Premier Ford does not sign the deal before the end of March, Ontario will lose the first year of funding – $1.2 billion!” said Tracey Ramsey, Unifor Women’s Director. “Universal child care programs have proven to more than pay for themselves through increased workforce participation, particularly by women, and through increased productivity. Women have been advocating for child care for decades and now it’s within reach – we just need the Premier to make it happen.”

Did you miss the Day of Action but are still interested in advocating for child care in Ontario? Contact your MPP or one of the key government ministers below and tell them why we need accessible, affordable, quality child care now.

Click here for contact information for all Ontario MPPs.

MPP Website Twitter Instagram Facebook
Doug Ford @FordNation @fordnationdougford Fb.com/fordnationdougford
Stephen Lecce @Sflecce @slecce Fb.com/stephenleccempp
Monte McNaughton @MonteMcNaughton @montemcnaughton Fb.com/montmcnaughtonmpp
Peter Bethlenfalvy @Pbethlenfalvy @peterbethlenfalvy Fb.com/peterbethlenfalvympp
Donna Skelly @skellyhamilton @donnaskellympp Fb.com/donnaskellympp

Filed Under: Uncategorised

February 11, 2022 by 1996-O Executive

RPNs demand changes to Ontario health system

February 8, 2022

 

TORONTO — Unifor representatives and frontline Registered Practical Nurses (RPNs) met with Ontario Minister of Health Christine Elliott on February 7, 2022 to discuss systemic issues and offer concrete solutions to retain and recruit health care workers in Ontario.

“We made it clear to Minister Elliott that the government must take swift action and start to respect, protect, and pay Ontario’s RPNs,” said Katha Fortier, Unifor lead health care negotiator and Assistant to National President. “Nurses have had their collective agreement rights superseded, worked without proper PPE through a pandemic and, frankly, are burnt out. Without immediate measures to improve working conditions and compensation, the health care system is at risk.”

At the meeting, Unifor offered solutions to the Minister on how best to address and implement a fair and standardized wage for RPNs and expand the temporary wage enhancement to any health care workers subjected to the overrides of their collective agreement rights.

“The fact of the matter is Ontario is suffering from an under-funded and over-burdened health care system,” said Allison Lewis, Registered Practical Nurse. “In order to put patients first and save Ontario’s health care system, we need this government to not only listen to frontline nurses but make the necessary changes to improve their working conditions. This starts with an immediate repeal of Bill 124 which unfairly caps their wages.”

The union has launched an online campaign, Fairness for RPNs, to lobby the Ontario government and educate the public on the daily struggles faced by RPNs.

In a video launched today, nurses are sharing their stories about their role in the workplace, how they contribute to good outcomes for patients, and the toll the pandemic has taken on their mental health and quality of life. Unifor locals are setting up meetings with their local MPPs and promoting the Fairness for RPNs petition.

Filed Under: Uncategorised

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