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Canadian Business News
Canadian exports level climbs, while imports decline
CBJ - January 16 - Canada's merchandise exports have increased 3.2 per cent, while imports have declined 0.8 per cent. As a result, Canada's trade balance with the world went from a deficit of $487 million in October to a surplus of $1.1 billion in ...Home realtor rebuffs housing decline speculation
CBJ - January 13 - A survey entitled the House Price and Market Survey Forecast conducted by home realtor Royal LePage shows the average price of a home in Canada increased between 3.6 per cent and 6.1 per cent in the fourth quarter of 2011, ...Keystone a job creator, TransCanada says
CBJ - January 12 - TransCanada Corporation has released further details highlighting the thousands of jobs Keystone XL would create for Americans. The $7 billion oil pipeline is the largest infrastructure project on the books in the U.S. right now. It would ...Tourism spending on the rise
CBJ - January 10 - Tourism spending in Canada increased 0.8 per cent in real terms in the third quarter, according to a report issued by Statistics Canada. This was the ninth consecutive quarterly increase in tourism spending, for a cumulative gain of 8.2 per ...Building permit level dips in November
CBJ - January 9 - The total value of building permits decreased 3.6 per cent to $6.1 billion in November, following an 11.6 per cent increase in October, according to a report by Statistics Canada. A decline in the non-residential sector, particularly in Ontario, more ...Canadian employment increases in December: report
CBJ - January 6 - Following two months of decline, employment rose slightly in December, up 18,000, according to a report by Statistics Canada. The unemployment rate edged up to 7.5 per cent. Over the past 12 months, employment growth totalled 1.2 per cent (199,000), ...Raw materials index reports moderate gain
CBJ - January 5 - Between October and November, the Industrial Product Price Index (IPPI) increased slightly, by 0.2 per cent, and the Raw Materials Price Index (RMPI) rose 3.8 per cent, both led by higher petroleum prices, according to a report by Statistics Canada. ...December sees rise in small business confidence
CBJ - January 4 - According to a survey by the Canadian Federation of Independent Business (CFIB), small business confidence climbed to 65 in December, almost 1.5 above its November level. "The Business Barometer index has historically hovered between 65 and 70 ...Athabasca to sell interest in MacKay River project
CBJ - January 3 - Athabasca Oil Sands Corp. announced that it has exercised its option to divest its 40 per cent interest in the MacKay River oil sands project to Cretaceous Oilsands Holdings Limited, a wholly owned subsidiary of PetroChina International Investment Limited, for ...Enbridge proceeding with Gulf Coast Access Project
CBJ - December 23 - Enbridge Inc. announced that it has secured sufficient capacity commitments from shippers to proceed with its Gulf Coast Access Project offering crude oil transportation from its terminal at Flanagan, Ill., to the U.S. Gulf Coast. Enbridge also announced that, in ...
Production of the penny ends this year and it's gradually being phased out of public circulation. Is the government doing the right thing?
