Cogeco reports a $1.8 billion loss in its third quarter, according to business reporting from Canada’s Winnipeg Free Press and The Globe and Mail. Both outlets attribute the loss primarily to non-cash pre-tax impairment charges recorded during the quarter. The impairment charges reduce reported earnings even though they do not directly represent cash outflows in the period. The company’s results therefore reflect accounting adjustments rather than an operating cash decline, as described in the coverage. The reporting focuses on the size and nature of the impairment losses as the main driver of the quarterly loss figure. Details on the specific assets affected and the broader financial context are not included in the provided excerpts, but the two sources consistently characterize impairment charges as the central factor behind the reported performance. Overall, the quarter’s headline loss stems from accounting impairment treatment rather than a described shift in cash generation, based on the information summarized by the outlets.