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Cineplex Inc
Symbol CGX
Shares Issued 63,333,238
Close 2021-02-26 C$ 13.82
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Globe says Cineplex CEO decries "inconsistent" rules

2021-03-01 08:16 ET - In the News

The Globe and Mail reports in its Saturday, Feb. 27, edition that this weekend, movie theatres will be open across Quebec and in some parts of Ontario, including Ottawa, for the first time in months. The Globe's Barry Hertz writes that cinemas, however, will remain completely shuttered in British Columbia, as they have been since November, all while restaurants, bars and gyms in the province have been permitted to operate the entire time. The Movie Theatre Association of Canada said in a statement: "Despite the fact that zero COVID-19 infections have been traced back to an indoor cinema screening anywhere in the world, let alone Canada, we are still among the first to close and last to reopen. Our industry is being crippled by 10 different provinces claiming to 'follow the science.' ... We suspect this has more to do with political science than traditional medicine." Cineplex chief executive officer Ellis Jacob says, "We have literally done everything we can to educate officials to the fact that movie going is safe, but it seems to have fallen on deaf ears." He notes that every province and region has "created guidelines that are inconsistent with not only the facts but with each other."

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