CBJ News

Inflation Hits 1.2% in July

CBJ — Canada’s annual inflation rate moved slightly higher in July as gasoline prices increased 0.2%.  the Bank of Canada room to raise its key lending rate again in the fall. [...]

Self-Driving System Leads to 3-Way Partnership

CBJ — Fiat Chrysler, BMW and Intel are combining forces in a triumvirate to develop an autonomous-driving system. The companies say the system will be used by automakers worldwide to run [...]

Manufacturing Dips in June

CBJ — With NAFTA talks taking place in Washington and manufacturing being one of the prime targets of the U.S. administration, it was revealed that Canada’s manufacturing sector fell [...]

Ireland Refuses to Collect Apple Fine

CBJ — In direct defiance of the European Commission, Ireland’s finance minister has rejected demands that it retroactively collect 13 billion euros in taxes from Apple saying flat out [...]

NAFTA Renegotiation Underway

CBJ — The time for rhetoric is gone… now it’s time to get down to business and discuss the NAFTA agreement between Canada, the United States and Mexico. Virtually all the [...]

Home Prices Still on the Decline

CBJ — For the fourth month in a row the average selling price of a Canadian home has dropped, signalling the housing bubble may have reached its peak and is now receding.  It would be too [...]

Trump is Happy with Canada Trade Pact

CBJ — A leaked transcript of a Donald Trump phone call shows the president’s private comments about trade with Canada, and suggests he had an overwhelmingly positive attitude about [...]

Air Canada Nets Record Profit

CBJ — Air Canada earned a record second-quarter profit of $300 million, up from $186 million a year ago. The airline says the profit amounted to $1.08 per diluted share for the quarter [...]

Lower Profits = Higher Prices at Tim Hortons

Restaurant Brands, the parent company of Tim Hortons, Popeyes and Burger King, had lower profits in the last quarter and has responded by raising prices for some food and beverage items at Tim [...]

The House Party Appears to Be Over

CBJ — Canada’s long housing sales extravaganza has drawn thousands into the sector, from realtors and home stagers to construction workers, and a looming slowdown threatens to unleash [...]

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