CBJ News

Sears Canada Warranties Not Honoured

CBJ — Extended warranties on merchandise purchased from Sears Canada will not be honoured beyond Wednesday, October 18. However, gift cards will remain valid for the duration of the [...]

GM Workers Back on the Job

CBJ — A week-long strike by General Motors’ workers at the CAMI plant in Ingersoll, Ont. ended on Monday. Unifor President Jerry Dias recommended that the 2,800 workers accept the [...]

Ottawa Cuts Small Business Tax to 9%

CBJ — Amidst a storm of backlash criticism the federal government is cutting the small business tax rate from 10.5% to 9%. The new plan was presented at a national caucus meeting Monday [...]

Sears Canada is Finished

CBJ — It’s a sad day for shoppers on word that Sears Canada has thrown in the towel having been unable to secure a buyer or develop a plausible business plan that would result in a [...]

Tim Hortons Franchisees File Lawsuit Against Parent Co.

CBJ — A number of franchise owners within the Tim Horton’s group continue their battle with the large company and it appears it won’t be resolved any time soon following the [...]

10,000 Jobs Added Last Month

CBJ — September proved to be a strong one for employment figures with Statistics Canada reporting that 10,000 net jobs were added last month. A surge in full-time work was more than enough [...]

Shopify Shares Tumble

CBJ — Shares in technology company Shopify plunged by about 13% after a high-profile American short seller said most of the 500,000 businesses the company works with aren’t [...]

Sharp’s AV Acquired by Subsidiary of HIG Capital

CBJ — AVI-SPL, a subsidiary of H.I.G. Capital of Miami, has acquired Sharp’s Audio Visual. Sharp’s leading position in the Canadian market will enhance and expand AVI-SPL’s ability to [...]

Billions in Damage from Hurricanes

CBJ — Some initial forecasts say the economic toll of both Hurricanes Irma and Harvey could be as much as $300 billion. After battering Florida, Puerto Rico, Cuba, the Bahamas and other [...]

22,000 Jobs Added in August

CBJ — The national economy added about 22,000 jobs last month. However much of the surge was in part-time employment, which was enough to offset a lot in full-time positions. Figures [...]

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