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Canadian Business News
Foreign security investment down nearly 50%
CBJ - February 22 - Foreign investment in Canadian securities slowed to $7.4 billion in December, half the amount recorded in November but still close to the average monthly investment in 2011, according to a report by Statistics Canada. Meanwhile, Canadians acquired $2.8 billion of ...Manufacturing sales up fifth time in six months
CBJ - February 21 - Manufacturing sales advanced 0.6 per cent to $49.9 billion in December, the fifth increase in six months, according to a report by Statistics Canada. The transportation equipment industry led the gain. Sales increased in 12 of 21 ...Report: Global emerging middle 'next big market'
CBJ - February 16 - Globally, businesses are now looking at the 'next 4 billion' as nations for growth, including India, China, Indonesia, and parts of Africa and Latin America, where more than 4 billion of the world's 7 billion people live, according to a ...Canadian imports and exports both on rise
CBJ - February 15 - Canada's merchandise exports rose 4.5 per cent and imports edged up 0.8 per cent, according to a report by Statistics Canada. As a result, Canada's trade surplus rose from $1.2 billion in November to $2.7 billion in December. ...Building permits up significantly in December
CBJ - February 14 - Municipalities issued building permits worth $6.8 billion in December, up 11.1 per cent from November, according to a report by Statistics Canada. This is the highest level since June 2007. The advance in December was due primarily to an increase ...Home prices edge higher in January: report
CBJ - February 13 - The MLS Home Price Index (HPI) rebounded in January following monthly declines in each of the two previous months, according to statistics released by the Canadian Real Estate Association (CREA). The MLS HPI is designed to be ...Yukon-Nevada Gold restarts Jerritt Canyon production
CBJ - February 9 - Yukon-Nevada Gold Corp. has announced that it has restarted production following commissioning of a new ore dryer, fine-crushing conveying system and distributed control system at its wholly-owned Jerritt Canyon gold operation in Nevada. Jerritt Canyon is operated ...Enerkem, GreenField announce waste-to-biofuel facility
CBJ - February 8 - The Government of Quebec has announced its plan to inject $27 million in Quebec’s first full-scale commercial cellulosic ethanol plant through the Ministry of Natural Resources and Wildlife and Investissement Quebec. This facility will be built and operated by a ...Transload facility to serve NuStar with 2012 expansion
CBJ - February 7 - Canadian Pacific announced that by leveraging its North Main Line infrastructure the company is now shipping crude oil by rail from a new transload facility near Lloydminster, Sask. This new facility is a key enhancement to Canadian Pacific’s growing energy ...Caterpillar shuts down London, Ont. Electro-Motive plant
CBJ - February 6 - About 450 union workers at a London, Ont. manufacturing plant are now unemployed following the union’s rejection of a salary reduction for most of its staff. Electro-Motive Diesel Inc., a wholly owned subsidiary of Progressive Rail Services ...
The Canadian economy is forecasted to grow by 2 per cent in 2012. Can we reach that level, or will the ongoing global crises prevent it?
